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I keep saying this and recently was told by someone that "during a crash all asset correlations tend to 1". Not sure how much there is behind that, but I'm skep
by dom96 4y ago
I keep saying this and recently was told by someone that "during a crash all asset correlations tend to 1". Not sure how much there is behind that, but I'm skeptical: Bitcoin is finally proving more and more to be at worst a scam and at best a far too over-valued currency.
- nonameiguess 4y agoThis probably seems trivial, but real hedges, i.e. shorts, puts, credit default swaps, and insurance policies against whatever is crashing, will go up in value during a crash.