But I have a question for all of you who regularly visit this topic. With the high probability of a recession coming in many regions of the world, do you actually believe that Bitcoin will not be affected by the crash of the legacy markets?
Plus if you do believe that a legacy crash will also cause a Bitcoin crash, wouldn't it be a good idea to wait for the DIP?
It doesn't need an answer. It's something for each of us to evaluate in our own "shower thoughts".
In times of knowing if crash in legacy market can affect Bitcoin or not or economic recession, in my own observation economic recession can help increase the demands for Bitcoin were as most people are not sure or uncertain of what will be the out come of there economy they tend to look for an alternative to store there money and Bitcoin could be the only alternative as such bringing higher demand in Bitcoin.
Also legacy market crash could only affect Bitcoin if there are liquid crisis in the market such as lack of money in the legacy were as it becomes very difficult for investor to buy a large quantity of Bitcoin due to the lack of money on the overall legacy market then it becomes a challenge for Bitcoin.