Crypto going down?
ok so we have had a big selloff going on in the market and people are running!! but my question is should they or should they ride out the storm and it is this question that i myself was asking so i hit the net looking for advice and i think i know i could be smoking my shorts but have a look at the info and you desire..
so what did i find i foud the stock market is up by 200points st highest it has ever been but at the same time Cryptos are down the biggest drop eve....
Ok i have a point yes it looks like people are selling crypto and going over to the stock market i think this was planed how do you get a lot of cash out of crypto? U create a spike and you create a big selloff so here is whats happening i think they
created a boom in the stock market so that people will see a opportunity to make cash the greed in all take over and you start looking at ways to get your hands on cash to buy in but people are a bit low on cash so its hard what do? The people with cash the ones that started this boom in the stock market then start selling off in big numbers there Crypto this causing a big drop and what to the greedy people do? they say o no im not making cash in Crypto lets sell and buy stock so the stocks go up and the crypto's go down and all the people with big cash the ones that started this rid do is go and buy up Crypto and everything they can at fire sale pricing...
but the big thing here is they get your Crypto cheep and you lose cos after they had there fun they just take there csh back out the Markets and you lose everything...
So my point is stay where you are ride out the storm you will be very happy when it ends..
PS: this is not financial advice its just my point of view
I like your point of view @hennie you created with a great idea. Excelent article.
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