RE: 2021 and Cryptocurrency [ENG/PL]
Dear @emsonic
Interesting choice of topic. Upvote on the way ...
2021 is, in my opinion, a golden year for cryptocurrencies.
Truth be told, I've heard about 2019 being golden year for crypto. STO (security token offerings) were supposed to be game changer - but it never happened.
Then 2020 was supposed to be amazing. Mostly because of DeFi. Was is a golden year? I hardly doubt so.
Will 2021 really be what many people hope it will ? Will crypto fly to the moon? Darn I wish to believe it.
In my opinion - if we will witness world economy collapsing, then entire economy will suffer "credit crunch" which we've felt already for a short while in march-april 2020. If that scenario will play out, then many large investors will be selling their assets to cover their debts.
Personally I would expect upcoming months to be quite amazing, since huge amount of stimulus money is being deposited to US citizens. And millions will invest those money into crypto. But once stimulus will be over - I would expect a long bloodbath on this market.
not to mention, that once economies will start to recover - then FED and other central banks will most likely focus their efforts on fighting with crypto. Right now FED is busy, but it won't last forever. And if FED will target crypto again, then wave of panic will do the rest.
Have a great day buddy :)
Yours, Piotr