RE: January 2020 recap - Steady growth

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January 2020 recap - Steady growth

in hive-167922 •  5 years ago 

Hi @crypto.piotr,
I'm not a financial expert, so anything I say should be taken with a huge grain of salt.
In general the QE and REPO stimulation has created a giant bubble in stocks and a huge reduction of interest rates. Both can have an (indirect) effect on the crypto market. When the bubble bursts, part of the money might (I say might, not will) flow to the crypto market. The low interest might lead more people that have savings to invest in the crypto market (now and in the future). Still it might also be that a lot of the "cheap" money is already invested in the crypto market and that it will fall as hard (or even harder) as the regular stocks during the next crisis. A crisis I expect in the very near future by the way.

Cheers!

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It's me again @erikklok

I just realized that I never actually thanked you for your comment. Big thx.

ps.
I would need to ask you for little favour. Recently I've decided to join small contest called "Community of the week" and I desribed our project.hope hive/community. Would you mind helping me out and RESTEEM this post - just to get some extra exposure? Your valuable comment would be also appreciated.

Link to my post: on steemit or on steempeak

Thanks :)
Yours, Piotr

Of course, no problem!
Cheers,
Erik