The stock market and the crypto market are linked, and not inversely

Some of the biggest booms we’ve seen in crypto have lined up with stimulus checks from congress and cheap money from the Fed.

Just like other assets like housing, commodity, and stocks have been inflated due to cheap money, so has the crypto market.

Crypto was supposed to be a way to safeguard yourself from inflation and money printing, but the last year has shown it’s not decoupled. We go up with everything and come down with everything.

It’s not a hedge against inflation. Change my mind.