RE: Sell Crypto. Buy Stocks? by cryptotem

Viewing a response to: @louisthomas/sell-crypto-buy-stocks

cryptocurrency · @cryptotem · Feb 28 '18 (edited)

$0.82

Interesting content! Totally agree with you. Remember: **cash is a position**.

I think everybody should get the hell out of stocks asap. Usually stock markets crash every 7 years. Now it has been 10 years since the last collapse. And debts are much higher than in 2008! 

Stocks are a good buy when you want to diversify, but wait a little while for that crash and buy the dip ;-)

👍 louisthomas, sblue

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@louisthomas · Feb 28 '18

$0.12

Absolutely! And I feel like the economy never really recovered from 2008. The cracks were just papered over with cheap debt.

👍 cryptotem, sblue

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@cryptotem · Feb 28 '18

$0.03

Indeed! What would be interesting to see is when a few trillion of the stock market flows into the crypto market as soon as the status quo will see **crypto as a position** ;-)

👍 sblue

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@faridk · Feb 28 '18

When you say the economy has not recovered you are absolutely right and it is the ordinary person in the street  who has suffered and paid the price.  However  the fact remains that if you had invested in the S&P  via a tracker or ETF in 2009 and held you would now be sitting on a very healthy profit.

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