I also heard about those doom guys on youtube saying stock market is going to go zero but why would crypto be any different when it comes to value?
What happens in stock market also happens in crypto market which if they are affected we are all affected.
What advantage does people if they own cryptocurrency? If they store it on private wallet, they have the advantage.
Stock Market is only few countries and USA
But crypto is whole World yes crypto can fall during the panic, but If nothing works and hard to get access to bank and cash...then people turn to cryptocurrency.
Let's say...usa canada uk Europe and even china markets crashing, then el salvador russia or india still working and cryptocurrency can adjust liquitity into those easily all world never go down and cryptocurrency can be adjusted according the needs.