As the title says, it annoys me that bitcoin is following the nasdaq. Because Bitcoin and other cryptos are supposed to be a hedge against the stock markets corrections. But bitcoin basically follows the stock market. And if a recession happens I want to be making money on crypto so that I doesnβt have to worry about a recession or inflation. I hope it will change in the future so that Bitcoin becomes a digital gold that can be used to hedge against stock market corrections and recessions.
Does anyone agree with me on this or am I delusional for thinking that crypto should have been the ultimate hedge against inflation and recessions.
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
π° Install these recommended apps:
π² SocialGood - 100% Crypto Back on Everyday Shopping
π² xPortal - The DeFi For The Next Billion
π² CryptoTab Browser - Lightweight, fast, and ready to mine!
π° Register on these recommended exchanges:
π‘ Binanceπ‘ Bitfinexπ‘ Bitmartπ‘ Bittrexπ‘ Bitget
π‘ CoinExπ‘ Crypto.comπ‘ Gate.ioπ‘ Huobiπ‘ Kucoin.
Comments