09-21-2021, 02:05 PM
The Evergrande Debt Crisis is a Black Swan Event Unfolding
<!-- SC_OFF --><div class="md"><p>This debt implosion to me was a black swan anways, I don’t know if there were warning signs prior but i sure wasn’t aware of them.</p> <p>This is not a “dip”, a “correction” or otherwise. The Markets are reacting to a very real threat that could have massive implications.</p> <p>TA is completely out the window right now, this could be a blip, a signal day scare or we could be about to fall off over a cliff.</p> <p>A lot of smart money is reducing leverage and moving capital into cash or safer investments, you may want to consider doing the same.</p> <p>Buying the dip could also yeild outstanding gains, just understand the situation we are in before making a decision.</p> <p>Stay safe everyone.</p> <p>Edit: OK OK i see people have been predicting a crash due to tethers potential involvement in evergrande for a while, making this not a black swan.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/FordPrefect343"> /u/FordPrefect343 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/pry2c4/the_evergrande_debt_crisis_is_a_black_swan_event/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/pry2c4/the_evergrande_debt_crisis_is_a_black_swan_event/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>This debt implosion to me was a black swan anways, I don’t know if there were warning signs prior but i sure wasn’t aware of them.</p> <p>This is not a “dip”, a “correction” or otherwise. The Markets are reacting to a very real threat that could have massive implications.</p> <p>TA is completely out the window right now, this could be a blip, a signal day scare or we could be about to fall off over a cliff.</p> <p>A lot of smart money is reducing leverage and moving capital into cash or safer investments, you may want to consider doing the same.</p> <p>Buying the dip could also yeild outstanding gains, just understand the situation we are in before making a decision.</p> <p>Stay safe everyone.</p> <p>Edit: OK OK i see people have been predicting a crash due to tethers potential involvement in evergrande for a while, making this not a black swan.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/FordPrefect343"> /u/FordPrefect343 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/pry2c4/the_evergrande_debt_crisis_is_a_black_swan_event/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/pry2c4/the_evergrande_debt_crisis_is_a_black_swan_event/">[comments]</a></span>Kind Regards R