News for hackers. Stuff that matters.

A comment on Stock Market Returns Are Anything but Average. Parent comment

Re:Stock Market Returns Are Anything but Average by zzzzzzzza on Friday April 30, 2021 @08:27PM (#27001519)
it's funny you think crypto is a hedge when it is highly correlated with sp500. doesn't bitcoin have a beta of like 2 or something?

If anything I would view it as a leveraged bet on the broader market.

[ Parent | on HN ]

There are no comments on this comment yet.