The S&P 500 dropped 1.94% yesterday and crypto dropped by 10%. Now imagine as some predict, there is a 10% stockmarket correction! What then?

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The S&P 500 dropped 1.94% yesterday and crypto dropped by 10%. Now imagine as some predict, there is a 10% stockmarket correction! What then?

I’m not trying to create fud but crypto is an opportunity for great gains but also for substantial losses. We are in the territory where a natural bear market could happen, based on where we are in the cycle (yes i know we’ve not had a blow off top) and the markets are well overdue a correction, with rising inflation and high covid rates still.

I’m not trying to scare you or put you off, but if the thought of a 50% drop scares you or will put you in financial trouble, you really need to think about an escape plan.

submitted by /u/paulosdub
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