Post
Topic
Board Altcoin Discussion
Re: If stock market starts to crater, should we switch to BTC or USD?
by
michellee
on 29/03/2021, 12:58:29 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
Stock market? If the crashing down does not interfere with the crypto market, I will not do anything because I do not have a stock investment.

If the crash impact to the crypto market and bitcoin is crash, I will not sell my bitcoin instead of buying more bitcoin because that will be the best time for me to buy bitcoin and accumulate more bitcoin. If my altcoin is not crash, I will still hold it and not sell because I think some altcoin will increase if bitcoin is down.