Team, i thought BTC was a hedge against markets going up and down, looks like that is incorrect!

Looks like the value of BTC and others is a hedge in political situations rather.

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During periods of crisis, correlation between asset classes tends to increase

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Ah! They all become birds of the same feather. :(

It’s a non correlated asset, which doesn’t imply strong negative correlation (ie btc up when markets are down and vice versa).

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Disappointing.

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Seems to be more of a capital flight instrument. Complimentary to gold in certain instances. There’s economic environments when it doesn’t make sense to have a outsized good allocation too.

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Still, it's hard to know how much of the sell off has to do with market structure. Treasuries are down, too — not because it turns out they're not a safe haven, but because a dollar liquidity crunch affects everything that quotes against dollars.

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The Fed had 10 years to raise rates amigo. This is what happens when you don’t. Your BTC investment can mean a lot of things, in many cases it’s a put option against the Fed.

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Are you serious? How much BTC do you own? I’ll buy it for a 5% discount.

But that all said relative to thr beginning of the year, one would be in a much better position holding btc vs stocks...so I guess can't complain?

What did you expect? 100k by the halvening?

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