Reasons Why The Crypto Dream Is Turning Into A Nightmare

In-Sync With Stocks

Before the global health crisis, the biggest cryptocurrencies stood apart. They didn’t move in sync with regular stocks and this made them more appealing. Some investors saw their risk but accepted it because they diversified their portfolios. But now they are on the same trajectory as regular stocks.

The likes of Bitcoin and Ethereum are risker investments than regular company stocks. Now as they move in a similar direction, they’re becoming less attractive. Buyers prefer to spend their money in a safer way instead of risking it on something that can plummet in value (via IMF.org).