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Help me out: crypto is supposed to be a hedge against a volatile world but it seems more volatile than anything else and if there’s anything predictable, it moves with the nasdaq. What am I missing?

Who said thats what crypto is supposed to be?

Crypto is a technology that allows for value to move across the world without the need for any trusted third parties. 

If you’re attempting to solve a problem that relies on value transfer, you can apply that technology to whatever problem you want to solve.