CRYPTOMARKET

in zappl •  7 years ago 

I THINK BIGGEST THREAT TO CRYPTO IS 2018 IS THE STOCK MARKET. IF THE STOCK WOULD GO DOWN I COULD SEE THE HEDGE FUNDS HAVING TO EXIT CRYPTO TO COVER LOSSES OR SOMETHING. OUTSIDE OF THAT, I JUST THINK THERE IS TOO MUCH UPSIDE 4 PPL'S

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  ·  7 years ago (edited)

Stock market crashing would be the best thing for crypto.

If stock will fall millions of people loss there money. Which is really bad

Most likely it would be positive for crypto as it would attract more hedge funds and institutional money in general to try and cover their losses by investing in crypto instead.

I think hedge fund investors still thinks crypto market is a risky business

We trade in both markets with similar strategies. The big difference has been Robinhood was a game changer for stocks making it so easy. The problem has been the altcoins have been so pegged to bitcoin as of late making it harder to find different opportunities as many are just trading in the same direction.

There are many great altcoin in the market which one day cost money than or equal to bitcoin