Post
Topic
Board Economics
Re: Wipe out on crypto vs wipe out on stock market?
by
MOB
on 11/10/2020, 16:22:53 UTC
This last year has shown that stocks and crypto are dancing to the same tune. Risk on/risk off is the only trade on wall street, and wall street has made it the only trade in crypto-land too. Stocks and crypto are highly correlated now a crash in stocks is going to be another crash in crypto.

If you don't use leverage then you'll never be wiped out, but that could be one hell of haircut.