If you're worried about crypto crashing, take a look at this chart. It looks like the dow jones is jumping off a cliff

Its not even 5%

> -%5.00
Imagine any crypto being that fucking stable...

-10% (dow) vs -70% (btc)

Nice analogy

I have yet to see an index that isn't shitting itself both U.S. and European

Unironically Venezuela, $50 carries you for a year over there

-4.60% actually

>>up 6% in a month

>gets wealth confiscated by socialist government

Fucking retards I told you your silly stocks had no inherent value and nobody would use them, it feels comfy to be a nostocker.

It is fair in terms of yearly gains for each investor

>imminent economic collapse
I never thought that witnessing it in real time would be so terrifying

>dow jones
It's spelled "Dow Joans" retard

Nice just sold 100K

...

But at least I get dividends for holding my equities whereas crypto is the ultimate bag to hold

Someone needs to tweet this to him, I want to see the POTAS shitposting on twitter as the world burns.

Is it real?

'no'

Looks like the burgers got another world financial crisis going. Again. What is it this this? Wage cucks in Minnesota not able to pay their fucking dept or some nonsense shit like that?

> bankers worrying about an imaginary digital currency market whilst their real market slowly descends to the pits of hell

You cant write this shit.

How do I buy this dowjomes coins?

Help a new guy out here
Don't recessions usually affect the average consumer in a largely positive way? The way I see it, businesses and banks get fucked the most

It would have a severe knock on effect - businesses employ people and banks lend people money

Average consumers, yes. Banks and big businesses however are always going to be too big to fail.

This surely will make crypto recover
Not

so if you don't get fired and don't take out loans, then you're fine?

>up 2000% in a year
>surprised when it falls a lil

>economically unstable new technology
70% is to be expected
>blue chip meant for 'stability'
10% is spoopy. Where will I park my money?

>from 26k to 24k
WOW PINK_WOJAK.PNG

Looking at the 5 year chart might give you a little more context,

It's nothing

>the first day is nothing compared to the worst crash in 40 years
Impressive.

lol they're just waiting for a better price. sell if you haven't already, buy again at the bottom (it will recover as always) (crypto will never look like it did winter 2017)

tfw wake up to .05% gains

>you in 2008
>it's nothing, this happens all the time

It's just a return to mean ;)

I seriously hope there isn't anyone on Veeky Forums who didn't see this coming.

>implying the same people didn't cause both

I like you optimism but I think the US economy has been living on borrowed time (and money). While you might be thinking a low of 20k then back to that line I'm thinking more like 4k.
If I'm right I'll buy the dip, if your right I'll stay out until I'm right.

this dropping to 4k is wayyyyy to low. that will be the end of the modern usa. think UBI + massive unemployment + socialists in government.

I'm aware. For the US to meet debit repayments the interest needs to remain below 0.5% while they cut all nonessential spending and put even cent they can into it.
The US is dead, it just hasn't hit the ground yet.

sounds great tbqh. just history repeating itself. see russia and france.

>grow 0.5% in a year
>fall 6 % in a day

Boy I'm glad I stayed with stocks and not that new tech

why are stocks so boring? just looking at that graph almost bored me to death.

People are taking profits, but where is the money going?

im gonna need the sauce of that pic

DJ will recover as it always does (because if it doesn't the whole world is in a much bigger trouble). BTC and alts may never recover again.

...

...

Theres no catalyst you mong, check the markets from 1980 to 2000

Man not again. I left high school right as the last one happened and I finally just started getting stable with a decent job. Guess I'll never own a house or retire.