03-01-2020, 04:18 PM
What are the implications for crypto of an epidemic in the US and Europe?
<!-- SC_OFF --><div class="md"><p>I am surprised this hasn't been discussed much yet. I've mostly seen posts about the minor stock market crash to date.</p> <p>I've gone to cash with a substantial portion of my crypto holdings as a hedge. Am I wrong to think crypto could take a further beating due to potentially massive economic disruption in the US and the EU? I'm also surprised crypto hasn't dropped further yet given the highly volatile nature of the market. Is it really realistic that crypto has stabilised already ?</p> <p>And I'm very bullish about crypto in general and especially Ethereum . But this year could be a bust and in terms of the virus it's only getting started spreading in Europe and the US. I was still loading up on crypto till a few weeks ago but now I feel things have changed.</p> </div><!-- SC_ON --> Kind Regards R
<!-- SC_OFF --><div class="md"><p>I am surprised this hasn't been discussed much yet. I've mostly seen posts about the minor stock market crash to date.</p> <p>I've gone to cash with a substantial portion of my crypto holdings as a hedge. Am I wrong to think crypto could take a further beating due to potentially massive economic disruption in the US and the EU? I'm also surprised crypto hasn't dropped further yet given the highly volatile nature of the market. Is it really realistic that crypto has stabilised already ?</p> <p>And I'm very bullish about crypto in general and especially Ethereum . But this year could be a bust and in terms of the virus it's only getting started spreading in Europe and the US. I was still loading up on crypto till a few weeks ago but now I feel things have changed.</p> </div><!-- SC_ON --> Kind Regards R