Current Events > Thank goodness Bitcoin is such a good hedge against a stock market downturn

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DarkRoast
05/28/22 3:33:18 PM
#1:


https://gamefaqs.gamespot.com/a/user_image/0/4/8/AAeEwGAADRuo.jpg
https://gamefaqs.gamespot.com/a/user_image/0/4/9/AAeEwGAADRup.jpg

Whew, dodged a real bullet there.

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CryoForceOmelet
05/28/22 3:34:17 PM
#2:


What shill told you that. It's a speculative asset people will cut first to get liquidity

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DarkRoast
05/28/22 3:39:23 PM
#3:


CryoForceOmelet posted...
What shill told you that. It's a speculative asset people will cut first to get liquidity


It's a rather common argument

https://thecollegeinvestor.com/34659/cryptocurrency-hedge/

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CE_gonna_CE
05/28/22 3:42:08 PM
#4:


Yeah inverse ETFs and VIX index funds are really the best tools for protecting against market downturns.

But theres no way that info will ever become as accepted in the mainstream like crypto has become.

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KobeSystem
05/28/22 4:43:04 PM
#5:


Its absolutely a risk asset

Doesnt mean you cant make bank off it if you play your cards right

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EndOfDiscOne
05/28/22 4:46:23 PM
#6:


Still buying

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Pepys Monster
05/28/22 4:48:50 PM
#7:


It's a hedge against inflation, not a stock market downturn. This is common sense.

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ChocoboMogALT
05/28/22 4:53:17 PM
#8:


DarkRoast posted...
It's a rather common argument

https://thecollegeinvestor.com/34659/cryptocurrency-hedge/
Tbh, if I had bought in 2008 when I first heard the argument it would have been true.

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RchHomieQuanChi
05/28/22 5:19:10 PM
#9:


Pepys Monster posted...
It's a hedge against inflation, not a stock market downturn. This is common sense.

Seems like it's doing a great job of that right now

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DarkRoast
05/28/22 5:22:40 PM
#10:


Pepys Monster posted...
It's a hedge against inflation, not a stock market downturn. This is common sense.

50% inflation in 6 months?

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StarsOfCCTV
05/30/22 10:28:25 AM
#11:


I'm so glad I sold out at $40,000

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