I’ve been wondering what an overall economic downturn would do to the crypto space. My guess is it would be impacted along with traditional assets. Bitcoin may be a crypto safe haven but it’s surely not a traditional safe haven. I much prefer the volitility of crypto, because proper portfolio management with prudent asset allocation will result in faster profit taking cycles. I first invested in precious metals in 2011 (should have been in crypto) and it’s taken forever to get a trend to change. I love the speed of the crypto market, but need to be better educated on how to protect (store) my investment. This isn’t much of a problem in traditional investments. Overall, I’m pumped to be in crypto and can’t wait to see how it progresses over the next couple years!
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Yup, not as safe but better potential earnings ;) The safety of precious metals is like a snail waiting for it to go higher lol... I'm in the same boat... didn't trust in immaterial invented currencies at first...