If Bitcoin Collapses Buy The Dow, Fast

If Bitcoin Collapses Buy The Dow, Fast

From forbes.com

Will it, won’t it? For a Bear they will clearly see that the bitcoin (BTC) run is over and that the crypto asset is doomed now to fall back to a low number. It could happen. A Bull will see $9,000-11,000 as a platform for a move to $20,000. What do I see? I’m quantum on this; I see both cases clearly at the same time. This is not a happy place to sit with big profits and a large chunk of capital in play. I’m a low-risk value investor at heart. (Okay that might be delusional; I might take some big investing risks from time to time.) So crypto runs against the grain and a lot of me wants to run away. However, ... (full story)

Aug 23, 2019 2:52am

Bitcoin sham need few more decades to prove it can grow like SP500 or DJ despite capitalism cyclical crisis

So far bitcoin collapsed -85% and is hardly recovering. The stock market in its worse days went a little below -20%

and they keep growing for decades.

Aug 22, 2019 10:12pm

There is no negative correlation between Bitcoin and stock market. So this advice sounds somewhat strange.