Topic: How can the global crisis affect crypto? - page 20. (Read 19847 times)
Seriously it will affect cryptos, because when their is crisis almost everything is affected, power is affected, internet is affected, people are in disarray which will lead to less demand for cryptos and it will make the prices to drop so bad, because everybody will want to sell off.
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.
it will surely go down. economic crisis will effect everything around you, around everyone. this will cause chaos and any other issues, because if there is a crisis, it will become hard to earn even a penny. This topic is very interesting for me, so I would like to hear your thoughts.
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'm really hoping this will be the case. I'm worried though that if people lose faith in dollars and euros they will also be scared of cryptos as they are so new. In which case, the best place to have your money may be commodities, like gold and silver
May be a good idea not to have 100% of your assets in crypto, just in case
many people think that the crisis is now, but I do not think so, it's all very simple, somebody who is very influential can let you influence the market, for what, say, maybe it's time for convenient or something else. This I can not say for sure))
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.
It will affect the crypto by people invading us and scamming this industry because it will give a big impact here in the industry.This topic is very interesting for me, so I would like to hear your thoughts.
I see you are mistaken, the global crisis will affect trading worldwide, and as you know then money will not be easy to earn and they will think very carefully before investing into cryptocurrency. Current global stock markets are falling sharply due to the trade war between China and America. Investors are withdrawing capital in the traditional stock market
Its a good question to ask. I have seen people who are much more knowledgeable than me say that the stock markets are overextended and on the verge of a recession similar to the crash of 2008 and it makes me wonder what the big money will do with their investment when the time comes.
I really think that they will look for a hedge, somewhere to put their money to keep it safe. An obvious place will be gold and silver but if new methods are developed for institutional investment, such as a bitcoin or ETH ETF, I can see a lot of money moving into this space as well.
A global financial crash could be great for the crypto space as a whole.
I really think that they will look for a hedge, somewhere to put their money to keep it safe. An obvious place will be gold and silver but if new methods are developed for institutional investment, such as a bitcoin or ETH ETF, I can see a lot of money moving into this space as well.
A global financial crash could be great for the crypto space as a whole.
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 was still electricity and internet running when crisis around the world, yes I think crypto will become a safe get way like how gold in crisis time. This topic is very interesting for me, so I would like to hear your thoughts.
Crypto currency is part of the global economy, and if the world is approaching a crisis, it can hit us hard. Originally we were a system outside the system, and the coin rate was very small, but now we have a system already integrated into another system, and therefore any crisis can be a problem for us, although there is an opinion that the capital can be thrown here and can wait time until its end.
World wide emergency isn't new, however one thing is sure, crypto will stay and it can likewise help the financial emergency of the world. Markets will likewise turn their benefits in type of most progress and most creative resources there is, which is crypto. So the cryptocurrency will stay in market for a long time even in global crises too.
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 first thing this crisis would effect is economic of all nations. and that would be the time of crypto currency cause when the crisis happened, just the real money is worth. gold-silver and bitcoin is the way to go.This topic is very interesting for me, so I would like to hear your thoughts.
but I really don't want that to happen, lots of people would be dead or very poor.
Economic crisis occurred. It will affect everything. All markets worldwide. Including Crypto. Because anything related to money will collapse. Money lost value and goods became expensive. Anything bad will happen
I think every market has the crisis. It depends on the market capital and some environmental factors. So, when there will global crisis like for food, oil, gas ..etc Then the commodity price will high and for this people have to take off their money form investment to satisfy his needs. As a result, the market capita goes down which will bring impact in both traditional markets as well as the crypto market.
Thanks.
Thanks.
It depends on what stage of progress will be crypto to the beginning of a new crisis. If the crisis starts now, the crypto will lose some of its capitalization (how much?), because some people will want to get money. After a while, slow growth will be possible, as people will look for ways to invest.
If something like global crisis happened is will affect specially the price of our altcoins but we don't know if it is get down or get higher. because we haven't seen it yet. most of the time global crisis has different class. example if a war breakout it will affect the price because less people are wanting it right then.
one side is absolutely confident that bitcoin and the other cryptocurrencies are in a tulip-bulb type bubble, while the other camp is equally confident that we ain't seen nuthin' yet in terms of bitcoin's future valuation.
they will exchange their crypto to fiat because of crisis. holding your own money physically is the best thing to do. crypto is not yet widely accepted and most people still use fiat.
Many people are really using fiat now, but I think when the market grows and become more stable then people will be less likely to use fiat. And if there is a crisis, then fiat will definitely use less. It is worth noting that the last economic crisis in 2008 led to the emergence of cryptocurrencies, I do not think that the next crisis is able to kill the crypto world, if people lose confidence in fiat money then the whole world will turn to cryptocurrencies))
Yes, you think right, I also think that cryptocurrencies will be extremely popular if there is an economic crisis around the world. This should be expected.
It will depend on several factors such as the number of people who know the cryptocurrencies, the number of people who own cryptos and, above all, the perception that people have of cryptocurrencies. If people see them as a safe store of value that can serve as a refuge, there can be a massive purchase of cryptocurrencies, especially bitcoin. On the other hand, if the perception of people is that cryptos suppose a very high risk, it's possible that the opposite effect takes place and that those who have cryptos sell them to get fiat money. In the end, it will depend on whether people think that cryptos are more or less secure than fiat money. If we take into account the recent history, the most feasible option would be the first one.
Crypto advertise is exceptionally interesting and a bit much corresponded to customary money related market, so if there will be a worldwide crisis it's not sure that additionally crypto market will endure in light of the fact that the greatest coins like BITCOIN and ETH could be a decent contrasting option to $, EUR or rs.
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.
Crypto has become an alternative way during the financial crisis. In recent days, cryptocurrencies from the top 10 have grown moderately. This gives hope for the possibility of a full recovery of the market. I understand that this will have a long wait but I promised myself to be patient.
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