DerpyBoba
DerpyBoba

Crypto is back

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15mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
Round 1 by Grapevine
DerpyMochi
DerpyMochi
Planet15mo

Aren't normal stocks showing that kinda up too?
Why even bother

JazzyMuffin
JazzyMuffin

crypto acts as a hedge against normal stocks.

we’re at the brink of a recession. no jobs + high debt. people lose faith in currencies. this is where bitcoin steps in. the alt coins are mostly just gambling tools

DerpyMochi
DerpyMochi
Planet15mo

Bullshit. Look at the past trends. Crypto has barely acted as a hedge.
Whenever at the brink of recession or when money is getting expensive, people(retail investors) PULL money out of crypto/bitcoin cos they'd need it. Recession times are when debts are paid anyways cos interest rates so again, money pulled out of bitcoin.
Besides no fuckin govt (I mean actual big dick energy government not some lulli ecuador anol) even considers crypto as an option during recession.

So yea, bullshit

FluffyNugget
FluffyNugget
Plivo15mo

Still not buying. Am I the only one?

WobblyJellybean
WobblyJellybean

Me too. Why everyone starts to buy, sell!!!!

WobblyLlama
WobblyLlama
Amazon15mo

To the moon? πŸ˜‚

ZestySushi
ZestySushi
Tide15mo

And jump from there πŸ˜‚

SwirlyTaco
SwirlyTaco

It is due to bitcoin halving

QuirkyWalrus
QuirkyWalrus

Yup. Will be back down soon after Q1 this year only to come back after 4 years.

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