04-12-2022, 08:55 PM
I think people who think “this is the dip” are going to be very disappointed in
<!-- SC_OFF --><div class="md"><p>Typically a recession is around 12-24 months behind the major event and for past 2 years, governments around the world have sheltered their people from the impacts of covid, with lose monetary policy and “free money”. Inly now are we starting to see the cost of that policy, with CPI expected to go through the roof today. </p> <p>Some commentators saying “bitcoin could be a hedge”….spoiler alert, it won’t be. History tells us that when the stock market has a cough, the crypto market shits the bed. I mean just look at where we were in march 2020.</p> <p>If the world goes in to recession, crypto won’t be the silver bullet people want it to be. </p> <p>I’m not saying this to annoy people or creat fear, but i’d equally not be going all in on this dip either. DCAing is the low risk strategy but i’ll be keeping a bag of fiat available to pounce if shit hits the fan.</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/u1vl8v/i_think_people_who_think_this_is_the_dip_are/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/u1vl8v/i_think_people_who_think_this_is_the_dip_are/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Typically a recession is around 12-24 months behind the major event and for past 2 years, governments around the world have sheltered their people from the impacts of covid, with lose monetary policy and “free money”. Inly now are we starting to see the cost of that policy, with CPI expected to go through the roof today. </p> <p>Some commentators saying “bitcoin could be a hedge”….spoiler alert, it won’t be. History tells us that when the stock market has a cough, the crypto market shits the bed. I mean just look at where we were in march 2020.</p> <p>If the world goes in to recession, crypto won’t be the silver bullet people want it to be. </p> <p>I’m not saying this to annoy people or creat fear, but i’d equally not be going all in on this dip either. DCAing is the low risk strategy but i’ll be keeping a bag of fiat available to pounce if shit hits the fan.</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/u1vl8v/i_think_people_who_think_this_is_the_dip_are/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/u1vl8v/i_think_people_who_think_this_is_the_dip_are/">[comments]</a></span>Kind Regards R