Can Bitcoin be a good investment over stocks in a recession period ?

[krishnaverma]

Bitcoin tends to correlate with the stock market over the last few years. So I think that in an event of a US stock market crash, Bitcoin will follow suit. However, as Bitcoin is usually not related to factors affecting the stock market, Bitcoin might recover faster. It may not happen, it's impossible to predict. So I wouldn't bet on it, but there's a certain potential there.

This is not true in my country. Stock market was completely crashed during lockdown but crypto was not affected by same effect during that period. Currently, stock market is on peak but bitcoin has been stagnant over last 2-3 months.

[Smack That Ace]

Except it's a global recession, bitcoin would be a better investment than stock. Bitcoin is not based in a particular country or country so the recession of one country won't crumble the price of Bitcoin. On the other hand, stocks are shares of companies and these companies are based in a country, so if that country goes into a recession, the company suffers thereby causing the value of their shares to drop because they won't be able to make much profit.
So if there is a recession in your country, in my opinion, bitcoin is the better investment.

Both stock and bitcoin are very volatile, but I don't believe it's fitting to compare stocks of all the companies to bitcoin alone. That's like comparing the whole cryptocurrencies to the stock of a company whose stocks are performing well.

I think that's also true during a global recession, like what we're experiencing now. After bitcoin was severely dumped in 2022 when we were at the height of the economic downturn, and it has recovered and grown better than any stock in the world to date. If someone had faith in bitcoin and had bought it when it was $15k-$17k, they would now be making almost 4x profits, which no other stock can do. So, in my opinion, bitcoin is always an investment that brings better returns than stocks in all economic situations, not just recessions.
Inflation is showing signs of going down and we are waiting for the Fed to lower interest rates and the world economy to enter a new growth phase, and I believe bitcoin will also grow better than stocks in the near future.

[Assface16678]

Bitcoin tends to correlate with the stock market over the last few years. So I think that in an event of a US stock market crash, Bitcoin will follow suit. However, as Bitcoin is usually not related to factors affecting the stock market, Bitcoin might recover faster. It may not happen, it's impossible to predict. So I wouldn't bet on it, but there's a certain potential there.

This is not true in my country. Stock market was completely crashed during lockdown but crypto was not affected by same effect during that period. Currently, stock market is on peak but bitcoin has been stagnant over last 2-3 months.

Yeah, true. During this recent pandemic, we can see how the economies of different countries have gone down, and many businesses have been affected. So many have also closed their businesses. This time also, we can see how powerful bitcoin investment is because there are just slight changes or effects to bitcoin and other crypto currencies. While stock markets were not in a good state at that time, well, that's a given because we are in a pandemic, so there has been no movement in the economy, and businesses are closed in the meantime. That's why I proved that bitcoin is a good choice if you want an investment that is risky. Yes, but part of that is that without taking risks, you are not good enough to handle bitcoin. Stock markets are still a thing right now, but for me, bitcoin is the best choice, and crypto currency as a whole will be a good thing to explore and invest in.