Topic: How can the global crisis affect crypto? - page 19. (Read 19847 times)
The crisis can become a powerful catalyst for the development of cryptocurrencies. After all, people will look for salvation in this kind of assets. Banks will lose trust again.
The global crisis can have a very positive impact. After all, cryptocurrencies appeared after the crisis of 2008 due to distrust of the banking system.
Crypto market is very strange and not necessary correlated to traditional financial market, so if there will be a global crysis it's not certain that also crypto market will suffer because the biggest coins like BITCOIN and ETH could be a good alternative to $ or EUR.
I dont really know how this will impact crypto because sometime crypto will be increasing because they will be alternative currency rather than dollars or euro. But in the other side it will be bad news for cryptocurrency since when the crisis so no much money to buy crypto then no big demand. Crypto market is very strange and not necessary correlated to traditional financial market, so if there will be a global crysis it's not certain that also crypto market will suffer because the biggest coins like BITCOIN and ETH could be a good alternative to $ or EUR.
I had the following thoughts: if the world starts an economic crisis, then people will invest their money in crypto currencies and the crypto market will grow. But these are just my thoughts.You have you're own perception I think maybe some people divert their investment in cryptocurrency but still word crisis can also affect crypto world, not for long term cause cryptocurrency has its own market and investors. For us members in this community is to help even if in a little way to make crypto more sustainable and stay helpful for everyone who still believe in crypto.
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 very interesting for me, so I would like to hear your thoughts.
I think that if the world market will suffer crisis then it would affect cryptocurrency for sure since we all know that cryptocurrency is still dependent with FIAT money and also the economic movements of different countries.
Everything related to money and the economy will go down if the economic crisis occurs. Because the economic crisis will affect the world. So the Crypto market will also be affected.
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 very interesting for me, so I would like to hear your thoughts.
Always during global crises, investors first of all withdraw money from risky assets. Therefore, I think that the crypto market will suffer most from this. Everybody wants stability in difficult times, but how is stability in Bitcoin?
Cryptocurrency would still there and still exist but the people arent. If global crisis occurs, all currencies and economic state would fall. People instead of investing more would be needing more money to cash out in order to survive. That leads cryptocurrency to fall down also. Crisis are all negative, expect the worse.
I expect the crypto market would crash hard to start up, the first thing people do in a financial crisis is sell their riskiest assets (crypto).
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 very interesting for me, so I would like to hear your thoughts.
I've ever think about this and i have quite a different opinion that most people i believe
I believe the crypto market will actually went up somehow, when currencies tend to depreciate, stocks will follows because of the valuation weakening
Gold will always be a choice for people in the past but when we comes to the world of tech
Bitcoin has quite some same characteristic like gold
Limited and not able to be reproduce
Although the adoption for it is different and just like gold, some people don't think bitcoin is something which holds value, same towards to Bitcoin
But for me, as Crypto are region border-less, it can be good investment when printed money depreciate
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 very interesting for me, so I would like to hear your thoughts.
Yes, you think right, I also think that cryptocurrency will be very popular if there is an economic crisis around the world. This should be expected. Crypto stands alone and determines himself. Crypto is also a free market of non-binding rules, different stock markets controlled by the president or authorized agencies in their duties.
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 very interesting for me, so I would like to hear your thoughts.
Many people are now starting to leave the crypto market now, but I think when the market grows and becomes more stable then people will tend to use the song. If there is a crisis, then surely we will not experience loss, all will return to their respective place.
Inflation, I think the cryptocurrency will be more heated. May it bring us some new reforms to reform the currency? Don't know if Bitcoin can do it?
I think that would give the cryptocurrency market a big boost. Bitcoin is totally independent from other financial markets and probably would be not affected by any economics crisis.
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.
The trading volume of crypto market will be affected if the economic crisis hit the world because the investor is also affected. It will take a big part on how big or small they will give in with their investment. But surely, it will only be affected for sometime till the investors recover . This topic is very interesting for me, so I would like to hear your thoughts.
Crypto currency is a decentralized technology that has not controlled by anybody and if there's global crisis this will also affected as more investors will sell their coins as they will afraid that someone might take advantage on the crisis. Same what happen when a bad news about crypto as people will get panic to sell their coins.
The global economic crisis is a recent phenomenon that greatly affects the exchange rate of the cryptocurrency market. In fact, it's not the primary factor that has made the market fall over the past few years, but we can see that the cryptocurrency market is affected by some factors, most important of which is the psychology of investors. But now the exchange rate is recovering and promising to pump in Q4.
If there is one advantage of cryptos in relation to other markets is that is not positively correlated.That means if the stock market,bond,housing or commodity markets go down,it will not likely have much impact on crypto.It may even make cryotos boom
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I think that bitcoin will thrive cause bitcoin will go mainstream and a lot of people around the globe will use it as money and payment because the global crisis will make bitcoin achieve it goals cause the reason behind Bitcoin creation was to fix the financial system caused by government, banks etc.
According to me global crisis is going on from last few years, it will help Cryto currency, investors belief in the crypto currency is increasing, as it is the encrypted currency based on modern technology & is the alternate means of investment. Bitcoin & Ethereum will gain more value in crisis. According to newton law there is reaction to every action, so every downfall has rise someday.
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