Financial assets of 2022 (with a few day's to go)
Winners and losers aren't always measured by day, year, month, or even years. A longer picture always helps of course and that is where it's truly simple to call bottoms and tops. I think it's safe to say BTC topped out and now we are waiting for the great capitulation.
We do not always know what will be the great top and great bottom and even great capitulator. I would have to say as long as BTC and by derivative alt-coins are tide together with legacy assets; they will trade like them.
As you can see the biggest businesses in the S&P 500 are similar to the BTC chart.
So what is the best diversifier of this year I have advocated towards? #GOLD.. now I'm posting this because I want to see how long this will last before the year end (or go down). I'm HODLing this until true payout.
Posted Using LeoFinance Beta
Thank you for the analysis and data collection! 😊 Gold is known as a good inflation hedge based on historical trends. It's never a bad idea to have it as part of a well-diversified portfolio.