Like I recently heard, it's unlikely that the entire stock market will collapse but very likely that sectors of the market will.
My large cap fund is down 8% since Nov. 2nd and we can all agree that's not a crash, but cryptos and associated stocks are down well below 30%.
TSX down 0.5% since Nov. 2. Good chance your large cap fund was overweight IT. Crypto can crash in any market condition it has no intrinsic value; Gold is similar at least has some jewelry sales. "Very likely" is not the correct term.
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