CREDIT SUISSE and why you should follow it closely.

If you drop the charts and actually look outisde the windows, you will see the world is a total mess right now and it's now showing any signs of improvements.

​

WHAT IS CREDDIT SUISSE?

Credit Suisse is a global investment bank and also a financial services firm based in chocolate country (switzerland). It was founded in 1856.

If you wanna play with them you got have deep pockets, 50k mininum so none of you will ever use it.

Here you can see their products

As of now, two of SUISSE's top dogs have come out publicaly saying it's all good and they are doing their best to keep the situation under control but, it's CEO said they got a new strategy help it's recovery. Why would you need a recovery if the situation is good and under control?

Ofc, none of these looks bulish to their investors and they start to disbelief the institution (think of SOL).

​

HOW BIG IS THIS BANK ANYWAY?

It is a big deal.

Here you can see the G-SIBs (Global bank ranks). At lvl 5, it's SUISSE.

​

Since the infamous 2008 crash, their stock price dropped from 85 to 4,29. LUNA Vibes.

​

Here you can see a versus chart with Deutsche Bank, they are worth 10b (That's lower then some digital banks in emerging countries)

THE CYCLE:

Bad news/gossips > Markets reacts > Investors FUD > Withdraws start > Shit hits the fan > Domino Effects begin > a giant like Suisse will cause ripple effects globally, incluiding crypto.

​

So keep an eye on this event as it can impact heavily world's economy and maybe you wanna hold your DCA or go harder if it happens.