Post
Topic
Board Economics
Re: If the stocks market will crash again like 2008, what will happen to bitcoin
by
Magkirap
on 16/10/2019, 23:39:53 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?

If that scenario happens the investors has only two choices to invest their money from. Maybe it will be for gold or bitcoin because it has similar characteristics wherein its price was rising every other day. Also, bitcoin started to become known at that time and there are some people who probably believe on it. In the case of gold, it was also a good investment because investors can expect a good feeback of profit after all.