Post
Topic
Board Altcoin Discussion
Topic OP
If stock market starts to crater, should we switch to BTC or USD?
by
J_Townsend
on 24/03/2021, 18:46:08 UTC
If the stock market comes crashing down as some predict, what will you do with your alt coins? Swap them for BTC? I know that many view BTC as a safe haven (like digital gold) but historically, BTC prices have been positively correlated with the stock market. That said, in the case of an actual market crash, I think BTC could act like digital gold and appreciate since it's now more widely accepted as a "real thing" than ever... Perhaps just selling everything for USD and buying real gold would be best? What are your thoughts? TIA