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Wait until the 14th
by KasianFranks 9y ago
Wait until the 14th
- dragonwriter 9y agoWhy would people selling stocks now hold cash until the 14th, and only then move into cryptocurrency?
- KasianFranks 9y agoIn market conditions like this maybe you've heard that some subscribe to the financial maxim that "cash is king".
- dragonwriter 9y agoSure, the maxim exists. What I'm interested in is the reasoning beyond the suggestion that the 14th is a magic date on which money that has moved to from stocks (and, in point of fact, cryptocurrency!) to cash for stability will suddenly decide, en masse, to move into cryptocurrency because “quality”.