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Enkidu
"No-Such-Person"


Registered: 07/09/16
Posts: 10,698
Last seen: 6 months, 10 days
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Understanding the relationship between USD, stocks, and crypto
#27209587 - 02/16/21 02:54 PM (2 years, 11 months ago) |
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Im a little worried about the stock market
Id like to invest my money
Im trying to understand the inter relationship between the dollar, stocks, and crypto
Im not really understanding how they all correlate
For example, inflation seems to make stocks more appealing
If the stock market were to crash you resort to bonds securing interest on the dollar and things like gold and silver?
Am i wrong or is it as some seem to say that crypto can be used as a hedge against both a crashing stock market and inflation?
Im trying to decide how best to invest.
Right now im almost wondering if i should split my money between the three.
Gold/silver/bonds Stocks Crypto
I feel like i am probably missing a lot. Can anyone add to this or help me better understand...
-------------------- Within You , Without You
      
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ReynardTheFox
Stranger



Registered: 01/25/17
Posts: 203
Last seen: 2 months, 9 days
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Re: Understanding the relationship between USD, stocks, and crypto [Re: Enkidu]
#27209639 - 02/16/21 03:28 PM (2 years, 11 months ago) |
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I feel like right now is a sensible time to invest in crypto, but I don't want to be the reason your savings sink. Unless the advice you're getting on this site is from someone who is basically a finance pro, I would be cautious about accepting anyone's advice. Still tho, Tesla invested heavily into bitcoin, and I'd say the game is still early...
-------------------- "Every actual State is corrupt. Good men must not obey laws too well" - Ralph Waldo Emerson "If I am the devil's child, I will live then, by the devil" - Ralph Waldo Emerson
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Enkidu
"No-Such-Person"


Registered: 07/09/16
Posts: 10,698
Last seen: 6 months, 10 days
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Re: Understanding the relationship between USD, stocks, and crypto [Re: ReynardTheFox]
#27209675 - 02/16/21 03:49 PM (2 years, 11 months ago) |
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Well im pretty comfortable and familiar with crypto
Ive had some sitting for 3 years that i forgot about until recently with this huge boom.
Right now crypto is about 45% of my assets
MP (a stock i like) is about 20%
The other 35% is split into some different stocks
But im a bit paranoid.
Guess ill have to keep my eyes peeled and follow the money and investors and hope i can keep up on the movement to get there before everyone else...
-------------------- Within You , Without You
      
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Ahab McBathsalts
OTD Windmill Administrator




Registered: 11/25/02
Posts: 35,107
Loc: Wind Turbine, AB
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Re: Understanding the relationship between USD, stocks, and crypto [Re: Enkidu]
#27216199 - 02/20/21 07:39 AM (2 years, 11 months ago) |
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You could throw in in a co-relation calculator.
https://www.buyupside.com/calculators/stockcorrelationmatrixinput.php
I'm not sure that crypto is supported on this, but you are looking for corelation coefficients.
-------------------- "Nobody exists on purpose. Nobody belongs anywhere. Everybody's going to die."
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