Always check what stocks markets are doing before making crypto FUD conclusions

I am amazed by the number of people who keep forgetting to check what is happening in the stocks world before screaming out rushed and unrealistic conclusions about crypto market, attacks, FUD, etc.

Nasdaq, Dow jones and SP500 indexes are on a downtrend since November 2021. And you know that cryptos are still linked to that because most of the people involved in cryptos are traders and not actual users. If Nasdaq is crashing, people are selling Nasdaq stocks AND cryptos because both are considered as risky assets.

We are unfortunately still far of the "bitcoin against inflation" thing that we all wish. This is a fact.

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Nasdaq downtrend since November 2021

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Dow Jones downtrend since Jan 2022

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S&P500 downtrend since Jan 2022

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There might be special FUD towards crypto that is spread, but I do believe that there is mainly FUD spread to almost everything at the moment. Inflation is extremely high, housing is increasing, Ukraine war, stocks are crashing, etc...

=> We are in a fucked up world right now and this is also valid for crypto.

We should stop thinking about crypto in the crypto bubble, but we should think about crypto in the overall world.

Step back, be realistic, act rationally and stick to your plan. Be safe