You mention everything will suffer badly every single week.
Wow if crypto and retail investors get spooked, then growth industry stocks will suffer? Omg what do I owe you for that pearl of wisdom?
Cooler heads will prevail for the most part and share prices in solid companies like Zip (yeah I know you think it's garbage, but $5B+ thinks otherwise) will be fine, even if they are affected a little bit.
That's why it will only be a small crash if crypto goes down. Because the equity markets actually have underlying assets to inspire the confidence to hold on through a crypto crash. Majority of investors in stocks understand that I believe, and therefore the impacts won't be long lived.
Chart - Z1P, page-8522
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Last
$2.75 |
Change
0.000(0.00%) |
Mkt cap ! $3.590B |
Open | High | Low | Value | Volume |
$2.74 | $2.75 | $2.69 | $17.99M | 6.602M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | $2.74 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.75 | 83683 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 2.740 |
3 | 2884 | 2.730 |
11 | 124285 | 2.720 |
16 | 339665 | 2.710 |
14 | 217134 | 2.700 |
Price($) | Vol. | No. |
---|---|---|
2.750 | 83683 | 13 |
2.760 | 408954 | 18 |
2.770 | 202607 | 6 |
2.780 | 267064 | 12 |
2.790 | 195836 | 11 |
Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
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