How can the global crisis affect crypto?

[ToniJu]

Very good question. If the world is caught in an economic crisis, I think it will accelerate the growth of cryptocurrency, which is currently the best safe haven.

[oxoxoxox]

Most people are panicking about the global crisis, but in the cryptocurrency market, many people may buy a lot of bitcoin for financial hedging, which will stimulate the price of the entire cryptocurrency, so I don’t think the crisis is Is a bad thing.

[EmJay]

What do you think will happen to the crypto market if there is an economic crisis around the world?
This topic is very interesting for me, so I would like to hear your thoughts.

I Think if there is n economic crisis the crypto market is affected also like people will not prioritized imvesting into cryptocurrency because as we all know crypto is very volatile so I think money will be tight that some will chose to invest into something like gold or property rather than crypto.

[surtiml]

I think the crypto would definetely go down, especially ICOs and new pursuits would be impacted unfavorably anyway concerning bitcoin there would be no change, its cost can change, it would regardless succeed.

[beddyyy]

I think that if there is a crisis on the traditional financial market, then the crypto currency market will have a huge demand and popularity.
This is its advantage that it does not depend on traditional currencies.
All large investors and ordinary people will start buying up crypto.

[DRVX]

I think it will positively affect cryptocurrency, because a lot of investor probably come to crypto market and put their savings in crypto and it will be huge if it happens. But also it could easily have negative effect as well.

In my opinion, the effect will be negative. People will not think about investing money in the cryptocurrencies that are very volatile. They will start to look for more stability and avoid any risks.

[xanto]

The global economic crisis can have a very positive impact on the cryptocurrency. People will start buying bitcoin if the dollar will be unstable.

[CreamIce]

Another crisis would mean, the traditional banking sector will lose favor. People will drift towards crypto. People will lose faith in fiat, with eroding values and devaluing wealth. Look at Venezuela. People there have few alternatives with a worthless currency.
But we need to see how the governments put in the regulations. With funds pooling in favor of crypto I think another crisis will have people being more open about the alternate solutions

[Carina.P]

The global crisis has led to a decline in stocks and a severe contraction of funds in the hands of investors, which will affect the enthusiasm of encrypted investors when they mature.

[izanagi narukami]

It's completely different things.

It's similar like what the effect of the gold on diamond or financial issue ?
They are different asset because they have their own way based on their function.

But if you talk about personal wealth, cryptocurrency bring significant effect !

[Navneet1120]

I think when there is economic crisis, more people would be involved in this crypto market and accordingly will grow.

[Natusik]

There is an opinion of some specialists that in the case of a recurrence of the global crisis similar to that which happened in 2008, there will be many who will want to get rid of accumulated paper money, fear that they can depreciate and wait the end of this difficult time by investing all their money in the crypto currency, in particular in bitcoin. This will undoubtedly increase its value many times!

[mirgo1791]

as extent with the manage of evaluation on displacing parts on limit with resource on possession, investors to focus on decision as managing with proper on spares on supports with the initials condition as the authorization to gives as one on contrast with decision to keep on standing with the terms and follows as extending manage with the attains on business with the field of crypto finance of the dedication.

[bayudndy]

in my knowledge, if global crisis effect to crypto because most people have to withdraw their money from crypto to pay bill. Automatic if many people do withdraw they sell their coin and make it downprice. I think like that

[Newsky]

If the global financial crisis, then I believe that this industry will have better development, because the financial crisis is basically brought about by inflation, then there will be more people concerned about this industry. The original intention of this industry is a technology that emerged to fight inflation.

[Girtod]

I believe that the global crisis will also affect the crypto-currency market, and the market will begin to fall.

[veter2601]

What do you think will happen to the crypto market if there is an economic crisis around the world?
This topic is very interesting for me, so I would like to hear your thoughts.

I think that in crisis people will look for how to keep their savings by investing in precious metals gold and silver. My personal opinion, the cryptocurrency is one of the niches where the money comes from investors during the crisis.

[andreibi]

Robert Kiyosaki, author of Rich Dad, Poor Dad, and Jim Rogers, billionaire investor, said the current debt bubble in the financial world will soon burst. And people will start to flock to safe haven assets like gold and bitcoin. You can watch many Youtube videos regarding this.

[lingdelta1]

It will affect all the worlds including the crypto. The money will not be poured into crypto as before, the market will again shed blood. No one wishes for that

[aldrin6697]

It can lower the price of crypro market just like any other currency the value will always be dependent to the worldly matters.