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Even simpler: money is crazily cheap, the bubble is near peak, raise whilst you can, insure yourself.
by randomsearch 6y ago
Even simpler: money is crazily cheap, the bubble is near peak, raise whilst you can, insure yourself.
- m12k 6y agoSo... what I said?
- randomsearch 6y agoyou said > heir valuation punished when the economy recovers and the fed starts raising interest rates, I said, when the economy crashes not recovers
- unixhero 6y agoWhat is your suggestion for insurance? BTC?
- fshbbdssbbgdd 6y agoBTC is getting more correlated with other speculative assets.
- deleted 6y ago[deleted]
- randomsearch 6y agoI meant as a company, insure yourself by raising before the crash. A lot of companies did this before the .com and rode it out. As an individual... dunno I'm not a financial advisor. But BTC's future would seem closely tied to the tech bubble, so I certainly would not see that as a hedge in general. Usually in recessions people run into groceries and other essentials.