Everything is so frothy right now. Im listenin to my man from Omaha on this one...
Be fearful when others are greedy, and be greedy when others are fearful.
I've been waiting for the markets to tank the last 3 years. Come on crash!
But be aware that when the traditional markets take a downturn, crypto will absolutely get annihilated.
What's the theory behind this? Normally when one asset class takes a shit, the money moves into other classes. Moving into cash when there is high inflation makes no sense, gold and oil are at relative highs. Bonds? The money has to flow somewhere.
It's not a theory, its observable reality. Just look at some charts.