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RE: Crypto world is considered safe haven against geopolitical risk : US missile attack on Syria is case proving this

in #prameshtyagi7 years ago

This is something Tom Lee mentioned that crypto has uncorrelated alpha when compared to other asset classes. As you say this is great for those looking to get some insulation from geopolitical events. Even if investors don't believe fully in the promise of crypto, the fact they can park their money in an asset class other than precious metals that can still rise or remain level in the face of market downturns will be attractive to them.

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That is right. Sooner or later people will come to senses that crypto assets have least geopolitical risks.