Pages:
Author

Topic: How can the global crisis affect crypto? - page 2. (Read 19847 times)

full member
Activity: 406
Merit: 100
I am sure that the global crisis will have a very negative impact on cryptocurrency. I would not want it to start. I do not know how to save my capital during the global crisis. This is a very difficult question now.
Not the fact that the global crisis will have a negative impact on the cryptocurrency, there is quite a decent probability that people will try to keep their funds in the cryptocurrency, which will have a positive impact on the market
sr. member
Activity: 758
Merit: 250
I think this would be a time awaited by countless investors because despite the numerous challenges, cryptocurrencies appear to be safer than their money with bankers or in the hands of other people. It's true that there are careless people, but if you are aware, you will hardly have problems with security. That moment would also be the big chance for mass adoption. Bitcoin himself could reach unimaginable prices.
full member
Activity: 840
Merit: 100
I am sure that the global crisis will have a very negative impact on cryptocurrency. I would not want it to start. I do not know how to save my capital during the global crisis. This is a very difficult question now.
sr. member
Activity: 1428
Merit: 251
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.
Crypto currency could be one of the best ways to steal people's money when the crisis comes. People will try to save their money, crypto begins to grow, everything else is falling... Bingo@ people go all in in crypto!
The global financial crisis affects absolutely all markets and  there's no exception with cryptocurrency market.
If we see the fall of the traditional financial markets, then I do not exclude the fall of Bitcoin to $1-2k

I am agree that global financial crisis will affect to any investment market. It could happen to cryptocurrency market too but every investor must be want to recover their investment value and they could use crypto market to recover their portfolio value by investing on cryptocurrency or bitcoin. I dont think bitcoin will drop to $1-2k if crisis happen because bitcoin is store of value or digital gold
hero member
Activity: 2814
Merit: 576
If there is economic global crises people will invest their money in crypto, there will be more crypto market capitalization and market boom, that will be a good time for crypto investor
Well, I think there is a negative side too, the investing power will decrease due to the crisis.
Maybe we can prove this once a big crisis will come but I am not hoping for that to happen, I still want people investing because they have spare money
and they believe on bitcoin and not because they are force to because of crisis.
member
Activity: 795
Merit: 10
If there is economic global crises people will invest their money in crypto, there will be more crypto market capitalization and market boom, that will be a good time for crypto investor
copper member
Activity: 190
Merit: 1
I truly believe that another global crisis will bring a lot of benefits to the whole crypto industry. If there would be no other investments left, people will start to invest in crypto currencies and this will give a great push to all altcoins.
jr. member
Activity: 350
Merit: 3
Change Your Worlds Build a New Era!
I think Crypto will be left behind because this is an investment and when the world experiences a global crisis people will put aside investment and will prioritize their basic needs unless the person is really rich, maybe they will still think of investment and have interest in crypto
hero member
Activity: 1460
Merit: 573
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.
Crypto currency could be one of the best ways to steal people's money when the crisis comes. People will try to save their money, crypto begins to grow, everything else is falling... Bingo@ people go all in in crypto!
The global financial crisis affects absolutely all markets and  there's no exception with cryptocurrency market.
If we see the fall of the traditional financial markets, then I do not exclude the fall of Bitcoin to $1-2k
full member
Activity: 644
Merit: 145
Global crisis affect all major currencies and crypto is also gaining momentum as digital currency. If any crisis happens globally then it affect everything that happens online and crypto is not an exception.


On the one hand:

If we talk about the correlation of the price of Bitcoin, then we can observe an inverse correlation with the price of gold, and an even stronger inverse correlation with the difference in income from the state. US bonds and BBB bonds.
At the very peak of the crisis, cryptocurrencies could fall to zero. In this case, gold will be the best choice.

On the other hand:

If we read the opinions of ordinary people (even here on the forum), we can understand that cryptocurrency can become popular during a crisis

Both options are possible. It all depends on the image of cryptocurrency. now it's a speculative and unstable market
sr. member
Activity: 980
Merit: 250
Global crisis affect all major currencies and crypto is also gaining momentum as digital currency. If any crisis happens globally then it affect everything that happens online and crypto is not an exception.
copper member
Activity: 476
Merit: 0
Global crisis affects not only crypto but every economy. If other economy is affected , crypto will have to suffer alot and it will take a long time to recover.
full member
Activity: 868
Merit: 100
It's indeed an interesting question. If the global economy crashes then all markets crash including Crypto. People will move towards reserve assets such as Gold which tend to hold its value even during the crisis period.

However, let's hope nothing of that sort happens and we make money from Crypto Smiley .
hero member
Activity: 2184
Merit: 513
Moonbet.io | Web3 Casino
Is a market just like every other market in the world not in mars so if there is economic crisis there will be very cheap sales and some pumpers to get your money the lower the circulation the greater the trouble
When we get economic crisis and all of the token holders or whales will try to liquidate their money as fast as possible to avoid the worst dump and they will prefer to keep their money into the stable currency like fiat dollar.
jr. member
Activity: 368
Merit: 2
Just HOLD
The people in the world of crypto are actively involved with the larger population in the world. I think any economic crisis can adversely affect the world of crypto. Obviously we are not isolated from the rest of the world and we are certainly part of the larger population and we can only hope for the best of economic situation in the world.
hero member
Activity: 1022
Merit: 535
global chrisis may affect crypto ofcourse as it affects to any other markets. when people don't have enough money, people buy less of everything. demands decreases so prices drop too.
jr. member
Activity: 112
Merit: 1
FUTURE OF SECURITY TOKENS
The global crisis can greatly affect the world of cryptocurrency. In the economic system, everything is interconnected.
I hope that the cryptocurrency market will withstand any difficulties associated with falling down and investors will get the desired profit.
sr. member
Activity: 994
Merit: 250
At the moment, the cryptocurrency market is very vulnerable. And any influencing factors including the crisis are very important for the market. Therefore, I hope that everything will be fine with cryptocurrency
full member
Activity: 1470
Merit: 103
COMBO 2.0
Is a market just like every other market in the world not in mars so if there is economic crisis there will be very cheap sales and some pumpers to get your money the lower the circulation the greater the trouble
full member
Activity: 700
Merit: 117
Financial capabilities is very important in all form of investment, and having a global crisis will absolutely affecting people's funding's to put into crypto. Many individuals whoa are in limited resources won't actually invest in crypto rather than to priorities their basic needs especially when you are having family to sustain.
It is really a big challange for everyone and we don't expect that there is a huge market growth during crisis cause they'll probably not into look for investing.
Pages:
Jump to: