Yes That's Right.. Crypto is more stable than Wall Street
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I really cannot do this article any better than it's original author so I am going to put two pull quotes from it here and a link to the original article. You owe it to the author, Jamie Redman and yourself to go read this masterpiece.
1
Looking at mainstream media headlines over the past few weeks shows a lot of columnists and pundits have declared that ‘bitcoin’s bubble has burst.’ They always claim that it’s much safer to invest in traditional investments like equities or the stock market while at the same time highlighting cryptocurrency’s volatile price swings. However, on Monday, February 5th the Dow Jones Industrial Average dropped more than 1,175 points, losing more value in one day than the entire cryptocurrency ecosystem over the past six weeks.
2
In addition to the grueling stock market madness, the financial publication Business Insider published a report that stated, “money was pouring into crypto during the stock market’s selloff.” The Dow started to nosedive at 2:40 pm EDT, and twenty minutes later the entire cryptocurrency capitalization according to Coinmarketcap spiked 7 percent one hour later.
So best to go read it for yourself. Jamie really did a hit job on FIAT markets with this article.
Just my two STEEMS Worth.
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