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will we see a repeat of 2008 and if so how will crypto hold up?

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by COINS NEWS 162 Views

The subprime mortgage crisis began well before 2008, but the Dow Jones peaked in October 2007 above 14,000. By early 2008, though, the Dow was down to 12,000, and the rest of the year was characterized by a general decline until the crash of October.

Are we repeating 08 all over again?

be interesting to see if the 24th of October will be a bloodbath just like 14 years ago actually it would be pretty crazy if a crash like 08 happened on the same date .

That being said if we do experience another crash similar to 2008 how do you guys think crypto would do ? would we see 10k BTC again and if so are you preparing some side funds for if a crash like this does happen , personally I'm putting aside what I can when I can as I believe we haven't seen the bottom of any markets yet .

submitted by /u/newbonsite
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