Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: bdamenaakter on September 29, 2018, 09:24:05 PM
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What do you think will happen to the crypto market if there is an economic crisis around the world?
This topic is very interesting for me, so I would like to hear your thoughts.
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What do you think will happen to the crypto market if there is an economic crisis around the world?
This topic is very interesting for me, so I would like to hear your thoughts.
This topic is interesting to many.We can find out when it happens.According to one version, many investors will start withdrawing their money from shares to cryptocurrency, which can push the price up very much.And it may happen that people in fear will sell cryptocurrency and lower the price even lower.The truth is somewhere in between...
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I think that the crisis on the cryptocurrency itself will only be reflected positively, because everyone will start buying coins in large quantities and they will start to grow in price!
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The global crisis will lead people to different quests on economic issues.one of these areas is the cyrpto currency system.cryptocurrency will appear as a more free and safer port for people.
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I don't expect a global crisis, although this cannot be avoided. At present some countries have experienced a crisis and they are plunging to crypto, but this is a bad way to survive because crypto has the nature without intermediaries and it will make the country difficult to be independent.
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If people will have no more money to invest in crypto it will stuck or fall as a hell. I think so.
Of course there still will be some whales who will continue to exist, but ordinary people also make a good investments in it.
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What do you think will happen to the crypto market if there is an economic crisis around the world?
This topic is very interesting for me, so I would like to hear your thoughts.
If there will be a global crisis, this is where cryptocurrency will be tested because the value of fiat currency will suffer inflation. Rich people will secure their wealth by keeping gold and probably cryptocurrency because this two doesn't suffer inflation compared to fiat currency.
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What do you think will happen to the crypto market if there is an economic crisis around the world?
This topic is very interesting for me, so I would like to hear your thoughts.
If there will be a global crisis, this is where cryptocurrency will be tested because the value of fiat currency will suffer inflation. Rich people will secure their wealth by keeping gold and probably cryptocurrency because this two doesn't suffer inflation compared to fiat currency.
I agree with you, people will buy gold to be a dead asset. even crypto cannot be a guarantee that their money will increase for investment in crypto.
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To be honest, I do not know. People have different ways to deal with global crisis. Crypto will be affected for sure either positively or negatively.
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Global crisis may influence to reduce the purchasing power of investors. I am afraid people will be not interested to invest in crypto during crisis. It is possible to decrease the rates of crypto coins and make many ICOs fail.