Post
Topic
Board Economics
Re: What happens to Crypto when normal stockmarket collapses??
by
gambitcoin53
on 29/06/2018, 00:43:16 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?


well, yeah, i think they will consider to join in, but i guess jumping from one investment to another will be a serious thing for them. this game of investments are too risky to play with, a simple news like this would really affect the stock players, just like traders and owners of bitcoins, a negative speculation would result a drastic trend on the current digital market. if ever this happens, i think there would be an adverse affect on bitcoin and cryptocurrencies as a whole, since stockmarket is one of the basis of economic trends.