What will happen tomorrow when the stock markets worldwide crash again? - page 3.

Kemarit

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Quote from: jameswar1955 on March 15, 2020, 02:07:25 PM

What do you think will happen tomorrow with the BTC (up or down?) if the stock markets worldwide crash again?

I am afraid that the BTC will then go towards 3k or even less. The altcoins will hit it even harder.

I dont know what i should do today, sell all my altcoins?

Obviously, if the stock market crashes again then it will have a ripple effect on crypto, specially Bitcoin. And since almost all altcoins are hook on Bitcoin's price, then definitely it will be another catastrophic day for the rest of crypto's.

Depends on what altcoins are you holding, on the contrary though, if you have funds around, why don't you take advantage of the situation and buy altcoins? Instead of selling them because you are afraid of what's going to happen, why not just be patience and be calm in this shit-storm? Crypto investments is very different, you need to be really mentally tough in times like this.

Perfect35

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We have not arrived at a point where we could say that the market is now stable. There is likely to be more shake offs. It is just quite painful to see how one of my favourite altcoins to be hard hit.
The volatility of crypto these days seem to be unpredictable. The bottom is yet to be reached.
The aftermath of the stock market is affecting crypto, because it has been proven to be true. So, if that happens again, it will definitely be affected.

goaldigger

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Are you panicking? Then its better not to sell your altcoins if its a good one and not shitcoins because the market will recover again soon. If the stocks will crash hard again this week, then better to be ready to buy great stocks and good cryptocurrency as well. We can’t be sure about the trend in the coming weeks but I’m sure that every market will rise again.

btcdie

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I am sure the market will recover and be stable. when compared to other assets, in crypto it is more hard hit. I'm not sure bitcoin will drop below the price of $3k. our community has spread and certainly will not be let to die silly. Bad news makes everyone panic, so it falls into the area of $3k and worse if the price is less than $3k, there must be a harder hit. There are several factors that cause Crypto to fall, one of which reportedly the miners are no longer profitable, if there are no miners, what will happen is Bitcoin stuck. in the near future, bitcoin has to soar and to save miners.

qwizzie

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QE4 Begins: Fed Cuts Rates, Buys $700B in Bonds; Bitcoin Rallies 7.7%
https://www.coindesk.com/qe4-begins-fed-cuts-rates-buys-700b-in-bonds-bitcoin-rallies-7-7

Quote

The Federal Reserve decided it had to act quickly and severely to cut rates on Sunday, slashing the target fed fund rates — the interest depository institutions
charge one another overnight for reserves — to between 0.0 and 0.25 percent. The full percentage point cut was four times more than its usual move.

At least the US still has something to cut with regards to interest rates, Europe has been at 0% interest rate for years now (effectively leaving the ECB out of ammunition for this
crisis).

Source : https://www.global-rates.com/interest-rates/central-banks/european-central-bank/ecb-interest-rate.aspx

Central banks of Australia, Great Britain, Canada, Europe and Japan will have a tough time supporting their economies through interest rate cuts this time around.

ryzaadit

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Nothing change, everyone will continue their activity.

Quote from: jameswar1955 on March 15, 2020, 02:07:25 PM

I am afraid that the BTC will then go towards 3k or even less. The altcoins will hit it even harder.

I dont know what i should do today, sell all my altcoins?

If you feel don't really comfortable holding altcoin, then decide by your self will you keep holding / selling your altcoin.

Try to make your own decision, following other people's advice just makes you confused. That's it's your asset, you should know the reason why buying/selling that altcoin but just don't regret went you make a wrong decision.

ScamViruS

hero member

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Top Crypto Casino

Quote from: jameswar1955 on March 15, 2020, 02:07:25 PM

What do you think will happen tomorrow with the BTC (up or down?) if the stock markets worldwide crash again?

I am afraid that the BTC will then go towards 3k or even less. The altcoins will hit it even harder.

I dont know what i should do today, sell all my altcoins?

Maybe. But, bitcoin can do the opposite! There can be two situation here. 1. Bitcoin will crash again, 2. Bitcoin will pump hard. No one have any accurate data on what will happen tomorrow. In such a situation, Anyone have not any confidence about from where Bitcoin will bounce back. Now everything depends on what you want to do.

qazgroup

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RiveMont

Most markets will crash because all major businesses are effected and many even halted due to this pandemic outgrowth and panic situation globally, regarding crypto market i am hopeful that it will find support and will survive because i think crypto market will have less negative effect on value from here on because it has already dumped the most it can, this is my opinion and i may be wrong but i am hopeful about crypto market recovery.

iGotSpots

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CPU Web Mining 🕸️ on webmining.io

It's going to be chaos for a long time before it gets better, unfortunately..

hatshepsut93

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There's a big chance it will happen like you say, but there's also a chance that Bitcoin's reaction won't be as big, because we already fell quite a lot, and some even say that it was quite irrational and that Bitcoin is oversold. Also, maybe stocks won't crash in one big swing but will keep declining for a longer period of time, and in that case they might be less impactful on Bitcoin's price, as investors won't be making hasty decisions.

jameswar1955

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What do you think will happen tomorrow with the BTC (up or down?) if the stock markets worldwide crash again?

I am afraid that the BTC will then go towards 3k or even less. The altcoins will hit it even harder.

I dont know what i should do today, sell all my altcoins?

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