Post
Topic
Board Economics
Re: Financial crisis 2.0 - What will happen to bitcoin in the next crisis?
by
ReiMomo
on 03/10/2019, 17:20:27 UTC
This crisis will come much stronger than 2008, we can expect something booming, as many countries are already in recession, and when the crisis comes, it is better to run to the hills.
In my view, the only safe investment in this scenario would be gold and silver.
But that's just my opinion.
Well, I will oppose your personal opinion. Gold and silver are a physical asset it is different from digital assets which bitcoin or in general cryptocurrency. The market price of these metal assets has a slow price movement and I don't know you can easily get profit. Well, I do believe that in the next crisis bitcoin will still remain since it is already known to many people easy to hide your asset or even you as a user as well. Bitcoin price may go at a lower price but since the value of it is volatile we can guarantee that the value of it will rise up again no matter what crisis may come.