this Evergrande situation is not as bad as it looks

If usa can do a bailout of 700 billion dollars in 2008 china can definitely do a 300 billion dollar bailout in 2021. This is not the first time this kind of crisis happening Chinese already know how to deal with this situation. They will deal with it since lots of people's livelihoods are dependent on it. As far as markets are concerned we might see a correction due to uncertainty and we might be ranging till mid October. This cycle is similar to 2013 and the market started pumping at the end of October and bitcoin price was 4x by the end of December. If you ask me it is definitely better to just hold and wait it out.