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Interesting that Bitcoin seems to be correlated with the stock market. So I guess Bitcoin doesn't really give you diversification or a hedge against falling sto
by francisofascii 4y ago
Interesting that Bitcoin seems to be correlated with the stock market. So I guess Bitcoin doesn't really give you diversification or a hedge against falling stock prices.
- Guest42 4y agoJust another form of speculative betting. Would require some chart-staring to confirm, but I'd guess that it's correlated to tech stocks but more volatile.
- cableshaft 4y agoIt's always been correlated. It'd be great if someday that weren't the case, but clearly it still is.