As Central Banks are now tightening the quantitative tap to curb...

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    As Central Banks are now tightening the quantitative tap to curb inflation, interest rates are on the rise from the bottom of the cycle. Money moved into crypto, for the most part, due to the low interest environment over the last few years, there was no point sitting on cash. As cash and bonds now start to become more attractive, money is now rapidly moving out of crypto, the bubble has burst….property and (overvalued) stocks will be next to go. There will always be undervalued stocks to profit from during a downturn, they just aren’t as easy to come across, a blind monkey could’ve made profits in the markets over the last 18 months, it’s about to get a bit harder. IMO.

    Bitcoin -11.62% overnight, -36.7% since November.
 
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