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RE: Morgan Stanley WARNS Of Coming Recession & Stock CRASH! - Sells All Junk Bonds!

in #money6 years ago

I believe the crypto market will grow if investors take the PREMPTIVE step to exit legacy financial assets like bonds, equities, mutual funds & the basket of derivative products BEFORE the crash and invest in quality crypto assets. There will be significant loss of asset value & confusion to make clear headed decisions in the midst of a crash. If investors are caught flat footed in a crash, I believe it’s best not to panic and hold onto the distressed assets and wait for the dust to settle. Far too many investors tend to repeat the same old cycle: Buy high & sell low. Some of the distressed assets may recover in time.