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/biz/ - Business & Finance


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27793455 No.27793455 [Reply] [Original]

Im retarded but what are the chances the crypto market only goes up and there is no "bubble" everything just seems so stable even if it goes down few % here and there with the main coins

>> No.27794026
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27794026

>>27793455
100%

>> No.27794315

>>27793455
The crypto market collapsed in 2018. Literally. It was the biggest crash in crypto history. Everyone who understands basic finance thought it was the end of crypto.

But the fundamentals are still there. The big boys are still world changingly awesome. BTC, XMR, ETH and LINK are here to stay. ACCUMULATE. It's still cheap compared to anything else. You have no idea what kind of inflation we're up against. People will be willing to accept crypto's volatility because it will look like fucking concrete when all major currencies experience 20-50% annual inflation. And that's the best scenario, we might see hyperinflation in certain currencies.