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RE: COVID19 is back ! And it will crash both Cryptocurrencies & Stock Market 😭

in HODL5 years ago

Hello there @solarwarrior,

  1. I would believe from an academic point of view but it just isn' true in "reality" Stocks are correlated to Bitcoin and vice-versa, especially tech stocks 5cf last Daily Crypto News)
  2. Agreeing 100% but this will play out in Medium Term Long Term in my opinion
  3. Same thing could happen in a new crash right?
  4. Also true but investors believe Coronavirus impact is OVER; whereas if outbreaks happen again, consumption and therefore employment and the economy will be impacted.
  5. True but we never found one for many other new diseases (ebola or aids)
  6. Agreeing also, volatility is going to increase again

Thank you for this great comment as @crypto.piotr mentionned :D