Post
Topic
Board Bitcoin Discussion
Re: Bitcoin suddenly became a "storm shelter" when stocks plunged
by
Shrinath
on 17/02/2018, 22:54:59 UTC
There is a slight discord to the opinion “the asset is completely immune to the turmoil of the vast financial market”. In the month when the US stocks, emerging markets and money markets may have hit the low, Bitcoin had sailed high. However, you will find months when the reverse logic will stand true. In such a situation what will you choose to do ? Be a hopper, hoping to invest in markets where you will always earn profit (both long term and short term). No, since there is NO market worldwide which is immune to the financial turmoil. In the US stock market the core inflation numbers have risen drastically prompting the five interest rate hikes that began in December 2015.

At this juncture Trumph administration needs to focus on how far you allow to raise interest rates to accommodate inflationary expectations. The fact that it is now with us may create a certain element of reality. However, let us wait for the FED to respond. So, we learn that both the centralized and de-centralized markets are dependent on each other to streamline the turmoil of the vast financial market.