Post
Topic
Board Altcoin Discussion
Re: If stock market starts to crater, should we switch to BTC or USD?
by
kaya11
on 24/03/2021, 21:42:01 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

USD is having a war with China Yuan, these two are having a hard time dealing with each other. I saw someones post comparing things he can buy with 100 bucks 10 years and in the current year. It's value is getting low, so better invest in Bitcoins. Gold have low volatility and you will be waiting years to gain profits. I also read a blogger were in Congo they found massive mountain of gold, so much it will be enough to power ip the country.