Stock markets all over the world enter a bear market. Many believe that cryptographic courses can become the best possible asset class in 2019.
Cryptocurrencies may exceed other markets next year
Travis Kling is a self-appointed ex-equity portfolio manager. He was obsessed with cryptographic curves and now climbs up the ladder to the Japanese crypto-competition asset management firm Ikigai. Kling believes that cryptography courses will be a big asset class to invest in during 2019. He tweeted:
"Crypto has never existed under a bear market in traditional assets. BTC was born in the beginning of the largest monetary experiment, which is globally coordinated quantitative reduction (QE). Closing QE causes pain There is a significant chance Crypto is the best possible asset class in 2019. "
During a recent one object, many crypto industry experts share Kling's mind about crypto curves, which will be the best possible asset class in 2019. They claim that developers have improved the crypto curve and blockchain infrastructure in 2018 while the market has declined. The prospects are better than ever.
It is very interesting that cryptographic courses are increasing, while the stock market crumbles and is close to entering a bear market.
Cryptocurrencies on the rise of a damaged financial system
Kling said that Nakamoto created bitcoin at a time when the world coordinated quantitative easing. That means lowering interest rates and buying thousands of dollars for government bonds and mortgage bonds. The movement potentially saved the US from major depression. Other global economies followed buying bonds and increasing market liquidity to boost economic growth.
Bloomberg revealed in October 2018, the world's largest banks have begun to buy their bond holdings. The United States is leading the way and they are also raising interest rates so that economies can operate even without intervention by central banks. Cryptocurrencies and block chain appeared just after the last bear market and has not been "active" in a recession. Kling argues that the stock market instability has affected the cryptocurrency market. But he thinks that cryptography can find a bottom in the stock market.
"It would make me absolutely believe that the crypt would be bound months out before traditional asset classes."
We must all soon pay the price. The stock market is falling dramatically and Nasdaq is flirts with bear-market type conditions. This is the first time since 2009. If the stock market continues to fall, investors will look at other asset classes. During other recessions, gold and silver have been the place investors turned to. We may already see the tide since $ 30 billion has returned to the crypto market in recent weeks. according to to Coinmarketcap.com. Can crypto curves become such an asset class?
Image source: "Flickr"
Dennis Sahlström has been trading and investing since 2012 and has been consistently profitable for the past two years. He has been in the crypto and blockchain room since mid-2017 and realized his potential for our world, not least how it transforms the society we live in. He has now set up a training platform with wealth coach Marcus de Maria. They teach ordinary people how they invest and trade in the crypto-competition market with documented strategies. If you want to learn more and feel it's time to get into this new asset class, download our free book and sign up for the next live training to get your future in cryptic courses started.