> that it's a hedge against the stock market It can be, but still be correlated ... | Hacker News

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		aaaaaaaaata on July 15, 2022 \| parent \| context \| favorite \| on: Celsius acknowledges $1.2B hole in balance sheet > that it's a hedge against the stock market It can be, but still be correlated right up until that moment.

Nursie on July 16, 2022 [–]

Except it's not, it's literally just shown that when the stock market takes a dive and times generally get tighter, it crashes worse than everything else.

The claim is a bust.

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