01-07-2022, 03:13 AM
The S&P 500 dropped 1.94% yesterday and crypto dropped by 10%. Now imagine as some p
<!-- SC_OFF --><div class="md"><p>I’m not trying to create fud but crypto is an opportunity for great gains but also for substantial losses. We are in the territory where a natural bear market could happen, based on where we are in the cycle (yes i know we’ve not had a blow off top) and the markets are well overdue a correction, with rising inflation and high covid rates still. </p> <p>I’m not trying to scare you or put you off, but if the thought of a 50% drop scares you or will put you in financial trouble, you really need to think about an escape plan.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/paulosdub"> /u/paulosdub </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rxg183/the_sp_500_dropped_194_yesterday_and_crypto/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rxg183/the_sp_500_dropped_194_yesterday_and_crypto/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>I’m not trying to create fud but crypto is an opportunity for great gains but also for substantial losses. We are in the territory where a natural bear market could happen, based on where we are in the cycle (yes i know we’ve not had a blow off top) and the markets are well overdue a correction, with rising inflation and high covid rates still. </p> <p>I’m not trying to scare you or put you off, but if the thought of a 50% drop scares you or will put you in financial trouble, you really need to think about an escape plan.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/paulosdub"> /u/paulosdub </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rxg183/the_sp_500_dropped_194_yesterday_and_crypto/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rxg183/the_sp_500_dropped_194_yesterday_and_crypto/">[comments]</a></span>Kind Regards R