If the stocks market will crash again like 2008, what will happen to bitcoin?
I personally think that people will take their money out and will invest it somewhere else.
Do you think that bitcoin will be a good alternative?
A lot of crypto people have been speculating on this matter and most of them agree that crypto should thrive given the stock crasch. I personally think that this could be the catalyst which could start a good rally but as far as we have seen , the stock market crash havent given much effect on crypto. This is quite interesting in my view.
it is possible that investors tend to chose other alternatives like gold.
Is it possible that many investors will then switch to bitcoin if the stock crashes? I don't think so, they will risk their money again in
bitcoin which in fact the price is also volatile? I think they will move to safer commodities