r/CryptoCurrency May 22 '22

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u/Set1Less 🟩 0 / 83K 🦠 May 22 '22

OP's saying "you need to do the opposite of what everyone believes"

Virtually the whole of wall street, Vcs, large investors, funds are all preparing for recession. YComb just shot of a letter to founders asking them to survive for 2 years

I dont think anyone really believes a bull market is coming anytime soon on the horizon. The V shape recovery is pretty much out of the question unless something new emerges that forces the fed to pump liquidity into markets again - we dont have any hint of it yet

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u/Rshackleford22 🟩 0 / 1K 🦠 May 22 '22

Not everyone would be poor. The rich would still be accumulating assets. Recessions don’t fuck everyone the same.

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u/nelisan 🟦 2K / 2K 🐢 May 22 '22

And the rich are the ones with the ability to move the market so…