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RE: All Bubbles Pop: Sell stocks, buy crypto & bullion

in #cryptocurrency6 years ago

Generally, I agree. I got an alert from my investment service to short tech stocks a few weeks back.

If there is another financial crisis, I’m curious to see just how people will react to crypto. Will people start buying? Or will it fall along with stocks? It’s hard to predict how people will behave.

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It is hard to predict but I think crypto has several things going for it, and they will be fine.

  1. Bakkt
  2. Btc halving in 18 months
  3. Support at $6400 usd and more at $6000
  4. Ltc halving in 10 months

Plus I dont believe crypto trades with stocks, and so I dont believe people are gonna sell crypto during a stock crash.

The thing I really wonder about is about the people who’ll be dumping stocks. That money will go somewhere. Will those people look at crypto as a safe haven? I hope so, but I’m not sure. Time will tell.