Post
Topic
Board Economics
Re: If the stocks market will crash again like 2008, what will happen to bitcoin
by
shoreno
on 27/03/2019, 21:09:25 UTC
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?

I think it is very probable. The investors might find it better to invest their money elsewhere. They are investors. They do not just let their money sleep, earning small or nothing. The stock market is now getting uncertain. Well, crypto is also uncertain but the catch is that it could grow their investment double or more so quickly that the stock market cannot equal. The news talks of the Winklevoss twins, George Soros, Mark Cuban, and so many other huge investors getting into crypto. A lot will probably do the same.

As an investor they already know the risk , they already know that cryptos are volatile so there is also a high chance that they wont prioritize crypto investmentst rather they will first go for more stable alternatives .  and besides i dont think that a stock market can collapse big since stocks are known to be stable  and also not all stocks are bubble , most are still legit .