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> So I'd say this: it's bad if crypto is the only market that crashes. That’s a best case scenario. The cascading effect of any asset bubble popping extends ou
by koolba 6y ago
> So I'd say this: it's bad if crypto is the only market that crashes.
That’s a best case scenario. The cascading effect of any asset bubble popping extends outward like the ripples of a stone in a pond.
Besides the unrelated draw downs to cover losses, it also has a psychological effect that pulls new money from entering non-risk free asset classes.