Post
Topic
Board Economics
Re: What happens to Crypto when normal stockmarket collapses??
by
webtricks
on 27/10/2017, 14:03:27 UTC
HSBC sent an alert that there may be an imminent crash of stockmarket similar to 1987 Black Monday

https://www.rt.com/business/362618-stock-market-severe-fall/

If this happens again, what's everyones opinion on the effects on crypto? Would a bunch of burnt investors jump on board?

Possibly not, it is normal trend that when investors face severe downfall in their stock prices, they turn conservative and keep amount in liquid form rather than shifting it to other investment alternative.
However, prices of stocks depend upon several factors like performance of company, increased number of shares, etc. But prices of cryptocurrencies on other hand largely depends upon the influx/efflux of investors. So there lies a significant possibility that investors may turn to cryptocurrecnies if Stock market faces crisis.