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
People have a special interest in cryptocurrency because it is not controlled by anyone. But we know that the stock market or stock exchange is regulated. That is why in the stock market, if a person wants, he can increase or decrease the price of his shares by manipulating. Sometimes, by making large purchases or large sales, the price is artificially reduced or increased. But no one can increase or decrease the price of Bitcoin if he wants, that is why there is a big difference when compared to the stock market or stock exchange. Due to investor confidence and various factors, the price of Bitcoin can rise or fall significantly, but it is much safer than the stock market.