Are we approaching to a potential crypto crash? And how will you protect yourself?

in #bitcoin7 years ago

In last month Crypto is growing very fast, nearly doubled the total market capitalisation reaching 164 B and growing. At the same time the Stock exchanges start to suffer some loses. There is probably a migration of money from a stock market to a Crypto market, which may represent a concern. One thing is a mass adoption and evolution of the development like more case of use, more regular people involved, etc.... but if a big part of new coming fiat into Crypto comes from professional speculators individuals or big institutions, that would represent a threat to me.


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There are political interests for crashing Crypto. National economies and regulators together with banks are probably not very friendly to a mass adoption of the Crypto. Politics will of course help them to fight, legislation will not be very much in favour, at least not at the beginning. Once the Crypto really becomes popular politicians will start to support the Crypto because they will be afraid for their re-election. But we are still far away from that.

Economical interests. Every market can be manipulated, really every. You probably know what it means for Crypto. It would be interesting to see market shares, how much Crypto is owned by "regular people, small investors" and how much is owned by big institutions and individuals. The ratio is not in the favour of regular people (mass adoption) I am sure it is in favour of Institutions and big investors (with other words speculation). You see where I am pointing to. When they decide that they want to buy some more cheap Crypto, what they need to do is to squeeze regular people out of it, by crashing the market and then buying back. There are many options how to do it I guess. Hard forking until the trust is gone or big sells to lunch the panic sell...

Don't know what will happen. The potential for Crypto is great, the obstacles on the way to reach the mass adoption seem quite big too. (scalability, volatility, consumer protection, security, legislation). But the biggest issue in my view is the speculation and the lack of the real decentralisation. Wall street, where the evil is born will also try to mess up Crypto. For sure.

Tell me If you share the view with me. It's just my modest opinion, I might be wrong too. Agree or Disagree with me? Both welcome, just leave the comment.

The question of this post is: What will you do to protect yourself from a potential Crypto crash that might happen in Okt. Nov. Are you changing a part of Crypto portfolio to gold or any other investments? If yes how much?

Thanks for reading

I am @twister and I always have an opinion and you will hear it no matter what or who you are :) and no matter if you like it or not!

Wish you all a good week

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Don't worry for now. Crypto market is so tiny and people don't know anything about it. We could easily grow x10. Then we'll start talking about it.

Nice info

It's always good to hedge your investments and physical gold is got to be better than holding USD. In my opinion, Crypto is here to stay and will have its ups and downs. HODL as they say and ride the down trends with confidence.

Hold is what i am doing but this swings caused by speculators and big players can cause BTC going fom 5k to 2k in no time. Sometimes i am thinking about placing stop loss wall but again you never know when will it stop to grow or when will it stop falling. Probably just holding is the best option if you think long tern. I might put 10% to 20% also into gold, to be super safe.

Huh, big questions here, but hope that crypto will stay and we all will benefit from it :)

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