Trader With 380% Gains in 2022 Tells Us Why He's Fully Allocated to Cash
The Contrarian Investor Podcast
00:00
Cryptocurrency
When you have a recession, especially if it's a deflationary recession, then people are going to need to liquidate assets. I think it's going to hurt really, really badly Bitcoin. So meaning that when we hit the rock button, there should actually innovation and the technology should rise in my opinion. But it could happen that we are going to have this stagflation, like two or three years of low economic growth with inflation. Is it fair or do you think not? "I think I already did on the beginning of the deliquivity," he said.
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