Post
Topic
Board Bitcoin Discussion
Re: Bitcoin behavior during a recession
by
rockie87
on 07/03/2018, 17:26:43 UTC
What do you guys think will happen to the price of bitcoin (and altcoins for that matter) during a recession? Often when stocks went down a little crypto market would surge. But how will bitcoin behave in a full on world economic recession? Because history tells us that a recession is coming, we haven't had one in ten years, it might be 2018,2019, or even 2020 but it's coming. Do you think the traditional market and the cryptocurrency market are negatively or positively correlated? (Or are they correlated at all for that matter?)
First of all Good question to ask.I think the recession will not affect much to bitcoin rather it can grow the investment in bitcoin.people during recession times looks to find different ways to earn or to save there money as all the regular business drops.There is no better way to save your money as well as earn than investing.That's what i feel.