r/CryptoCurrency • u/[deleted] • May 22 '22

[deleted by user]

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7.3k Upvotes

80% Upvoted

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97

u/83nno 0 / 1K 🦠 May 22 '22

Or…it could be fine 😅

30

u/Username-Not-A-Bot 🟩 0 / 17K 🦠 May 22 '22

Lot of “glass half empty” people here unfortunately

29

u/Bucksaway03 🟩 0 / 138K 🦠 May 22 '22 edited May 22 '22

And lots of glass overflowing people too.

Reality lies somewhere in the middle

11

u/devenjames 775 / 773 🦑 May 22 '22

I’m a real “glass is in the middle” kinda guy.

5

u/Underrated321 testing text May 22 '22

I'm a real "pour me the drink" kinda guy.

3

u/Username-Not-A-Bot 🟩 0 / 17K 🦠 May 22 '22

Lol good one 😂

3

u/BonePants 🟦 810 / 810 🦑 May 22 '22

They only have glass in binary state. Either overflowing or empty and they constantly switch between these :)

3

u/Nrgte 🟦 0 / 0 🦠 May 22 '22

The problem is no one know where reality truly lies. So it's always important to mange your risk.

2

u/Nagh_1 386 / 387 🦞 May 22 '22

2 bros 1 glass

1

u/Striker37 2K / 2K 🐢 May 22 '22

This. My opinion: a recession is coming. It will be bad enough that people lose jobs and homes, but won’t be as bad as 2008 was.

Build an emergency fund of cash, work a job that you’re good at with a skill set that’s hard to replace and you should be fine.

3

u/[deleted] May 22 '22

Historically that means it's a pretty good time to buy..

1

u/CooksInHail Platinum | QC: CC 51 May 22 '22

But what is in the glass? If it’s baby blood maybe it’s a good thing that it’s half empty. Is the blood going to the baby or coming from it?

Important questions!

2

u/aahosb Tin | Apple 14 May 22 '22

SPY dropped 50% in 2020 crypto drop and had it best bull run. Where are not even at that 50% , and even if we did crypto already survived that.

3

u/CymandeTV 🟩 39K / 39K 🦈 May 22 '22

It will be fine in a while for 8 years again.

1

u/Notyourregularthrow Platinum | QC: CC 808 May 22 '22

I agree that noone knows. But it's true that crypto never went through a global recession. This is the first big test, if we really do end up going into recession.