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iamjosephyoung's profile
Joseph Young
Joseph Young
Joseph Young
@iamjosephyoung

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Joseph Young

@iamjosephyoung

Analyst and investor, focusing on finance, cryptocurrency, blockchain, fintech. Contributing to @Forbes @BinaryDistrict @Cointelegraph @CryptoSlate

Hong Kong
iamjosephyoung.com
Joined January 2014

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    Joseph Young‏ @iamjosephyoung Oct 24

    Joseph Young Retweeted The Crypto Dog 📈

    If you’re still in $crypto you have: enough common sense to hedge your holdings prior to the next US recession and a global market crashhttps://twitter.com/TheCryptoDog/status/1055161927410872321 …

    Joseph Young added,

    The Crypto Dog 📈 @TheCryptoDog
    If you’re still in $crypto after you’ve: - been scammed - been dumped on - woken up in complete shock - bought the top of a pump - panic sold the bottom C'mon man, know when to quit. 💯
    Show this thread
    11:39 AM - 24 Oct 2018
    • 67 Retweets
    • 366 Likes
    • Flinty Michael Matthews David Wyness [#HODL] Robert Sutcliffe PRASHANT CHAUHAN Amritlal kalal Jay[LTC] H R Sunil Sharma
    13 replies 67 retweets 366 likes
      1. New conversation
      2. ₿rian Lockhart‏ @BrianLockhart Oct 24
        Replying to @iamjosephyoung

        Global market crash will likely not be fiat-only. While it’s nice to imagine a rapid flight to quality (massive buying of crypto to avoid crashing fiat/real estate/equity markets) when things go bad, people will likely sell crypto / retreat to the safety of cash.

        3 replies 0 retweets 8 likes
      3. comedi4n‏ @jefferzzn Oct 24
        Replying to @BrianLockhart @iamjosephyoung

        Xactly. High risk assets are sold first in a market crash.

        1 reply 0 retweets 1 like
      4. ₿rian Lockhart‏ @BrianLockhart Oct 24
        Replying to @jefferzzn @iamjosephyoung

        Not just that, but until / unless most people can pay for daily life with <insert name of asset here> they will dump those assets during tough times in favor of money they can use to survive.

        1 reply 0 retweets 3 likes
      5. 1 more reply
      1. BENDY BUS‏ @bendy_bus Oct 24
        Replying to @iamjosephyoung

        i doubt crypto will be a good hedge in global market crash lol

        0 replies 0 retweets 10 likes
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      1. Serhat Serinyel‏ @serhat_serinyel Oct 25
        Replying to @iamjosephyoung

        There are not experienced investors around here I see. @iamjosephyoung saying that in every crash money/cash/investment flows to unorthodox methods.This time it is very much likely that people will put their money to BTC not only to invest but to secure it from rogue governments.

        0 replies 1 retweet 2 likes
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      1. The Bitcoin Observer‏ @festina_lente_2 Oct 24
        Replying to @iamjosephyoung

        Hedge with Bitcoin you mean? 😀

        0 replies 0 retweets 5 likes
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      1. New conversation
      2. -‏ @theklanhipster Oct 24
        Replying to @iamjosephyoung

        That's a huge assumption that cryptos are a hedge against equities. If I wanted to hedge the market, I would looking into VIX calls or defensive stocks, or even gold and maybe bitcoin. But your shitcoins on binance aren't gonna save you from a recession.

        1 reply 0 retweets 8 likes
      3. 1 more reply
      1. crypto(almost)whale 🐋‏ @prt_xmr Oct 24
        Replying to @iamjosephyoung

        Global market crash won’t pump your bags dude

        0 replies 0 retweets 1 like
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      1. Sage James‏ @Sagejamess Oct 24
        Replying to @iamjosephyoung

        Bitcoin is the future. Simple.

        0 replies 0 retweets 1 like
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      1. Grant Fleming  🚀  ⛓️‏ @SirGrantFleming Oct 24
        Replying to @iamjosephyoung

        Agree with the rest of the comments that a global market crash means a crypto crash too - panic at the disco!

        0 replies 0 retweets 1 like
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      1.  🏒Crypto Fool 🏒‏ @TheCryptoFool Oct 24
        Replying to @iamjosephyoung

        Yep

        0 replies 0 retweets 0 likes
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      1. Christopher Craven‏ @FlyWhisperer Oct 24
        Replying to @iamjosephyoung

        I don't have the sense to not keep spending my satoshis on other concepts. But then i just buy more satoshis.

        0 replies 0 retweets 0 likes
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      1. MuchBitcoin ⚡[Use SegWit, upgrade/patch btc client]‏ @MuchBitcoin Oct 24
        Replying to @iamjosephyoung

        pic.twitter.com/pDwoXvaC2s

        0 replies 0 retweets 0 likes
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      1. 慧‏ @PandaTaiwanese Oct 24
        Replying to @iamjosephyoung

        Right around the corner

        0 replies 0 retweets 0 likes
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      1. satoshi's kitten  😺 🙀 😸 😺‏ @sheeptweetZ Oct 24
        Replying to @iamjosephyoung

        🤦🏼‍♂️

        0 replies 0 retweets 0 likes
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