Post
Topic
Board Altcoin Discussion
Re: If stock market starts to crater, should we switch to BTC or USD?
by
bitterguy28
on 25/03/2021, 09:39:07 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
The question is , Do you have other option ? or you mean withdrawing your Crypto to convert in Fiat again?

Even Bitcoin is correlated to Stocks yet the only chance to survive is to convert all your altcoin to BTC and remain holding for longer time now.