During the 1929 - 1933 depression:
Unemployment = 25%
Stocks = DOWN 75%
During the 2008 -2009 great recession
Unemployment = 11%
Stocks = DOWN 55%
2020 Great Depression
Current unemployment = 20%
Stocks = ONLY DOWN 12%
Why? HERES WHY:
5 days ago... I think this analysis aged quite well. Also, the point of my “btc not safe haven asset” was the fact that the community had become euphoric with this narrative around 12000. Gotta pay attention to these things. Kaz training has made me more accurate plain and simple
I have no intention of spreading binance fud, just saw the news circulating.People would be talking about it regardless sooner or later. Hopefully it’s limited to the 100-200 passports in that telegram group, if that’s the case it sucks for those people but not too bad overall
Saw some accounts that literally said “alts are dead” about 24 hrs ago now shilling alts today. Do not confuse this with the ability to switch bias, this is emotional trading.