You are viewing a single comment's thread from:

RE: Cryptocurrency In A Global Bear Market: How Will It Perform?

in Threespeak4 years ago

Bitcoin will do great in the bear market. Everyone tries to say that Bitcoin is correlated to the legacy economy because they're looking at it on the short term. Given one or more years of bear market will show the true hedge that Bitcoin and crypto truly are.

Of course as soon as the legacy economy realizes this is likely when we see the biggest bubble in human history. Such small market caps could never stabilize fast enough to accommodate all those rats trying to abandon the sinking ship. The scaling/liquidity problem is real.

Posted Using LeoFinance Beta