How can the global crisis affect crypto?

[duuuuude]

Cryptocurrency as an investment is very unstable and if it is so now even in a crisis people will not invest in it. In practice it may be different.

[dagelan]

it could happen, because with the current global crisis, many investors choose to secure their assets first with a number of currencies that are slumping

[Hudora]

If some of the market participants will be able to ensure people about safety of cryptocurrency investments, cryptocurrency makret may be the winner of this fight.

[Rati24]

There is such an opinion of expert analysts that Bitcoin is waiting for a very big growth before the global financial crisis. Then a sharp drop in prices in which no one will have time to go to fiat will continue to be a long grueling fall, along with the financial crisis. And at the end when the entire market recovers, Bitcoin itself will recover, but in a different format. But only the theory of analysts.

[munareal]

When the global financial crisis happens it will affect the cryptocurrencies but it will depend on the performance and utilization of the cryptocurrencies at that time. The cryptocurrency market is not immune to the financial world but will increase in director opposite  correlation

[baronandr]

It should help the crypto market, because most of investors will look for alternative options of investments and crypto market is good for this task.

[zabir.brutov]

I think that the world crisis will bring a lot people into out industry. Because crypto currencies are not backed by a regular market. The only coins that will dramatically lose their prices are the stable coins, but it does not matter at all.

[ryanfromrethink]

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 am not sure about the positive effect. There are many examples of people loosing money evey day, so they are not likely to invest them in something unstable.

[sergej.dubynin]

It is possible that the global crisis will allow the cryptocurrency market to grow, people will have to save their money, and banks will lose a lot of money and there will be no faith in them. Then the cryptocurrency will be an excellent alternative.

[Anicasalar]

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.

It depends on the scale of the crisis. If it would be local then we should not wait for cryptocurrency bump, but if wall street will be on fire - there is a good chances.

[agatha90]

There are 2 possibilities, crypto disappears or survives, the economic crisis in the world can have an impact on many investors selling their assets, but this economic crisis will not be possible throughout the world. There must be some countries that are still stable.

[Shtamm_oval]

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 significantly, many investors will simply withdraw their money to survive, and therefore the market itself will experience a collapse. So the crisis will not leave anyone in a positive way, everyone will suffer.

[Pattart]

Cryptocurrency as an investment is very unstable and if it is so now even in a crisis people will not invest in it. In practice it may be different.

The global crisis will certainly have an impact on the crypto market, because when the crisis occurs all needs and goods will rise, because the rate of currency falls and so on, people will save even more. the point is that people's purchasing power will go down and of course it will result in bitcoin demand? but you right, in practiced maybe differently..

[contactmike1]

As for me global crisis will positively affect crypto. Big and smart money will cash out of shares after decrease of market and they need to be pour in something else.
There are 2 options, gold and... crypto! Why don't they repeat history as it used to be with snp 500 ?

[humantraffic]

In my opinion, if the world crisis comes in the near future, the cryptocurrency market will fall very much compared to the stock markets. In addition, many will begin to withdraw money from cryptocurrency. Recovery will be very long.

[goku21]

Once economic crisis occurs all market around the world will be dump. and maybe all investors will withdraw thier money because they dont want to lose money.  it is risky to invest wen market is in crisis.

[inwas797]

The global crisis will affect everything and the crypto-currency market, too, since mining depends on the cost of energy and therefore everything will change,prices will grow and the crypto-currency will become an object of investment to preserve its assets.

[matico]

It is very simple, if inflation wipe out people's asset and investment and there less or no disposable income for investnent, lesser funds will find it's way in to cryptocurrency space and the slow investment will slow down growth and development in cryptocurrency!

[Clavulanic]

It is possible that the global crisis will allow the cryptocurrency market to grow, people will have to save their money, and banks will lose a lot of money and there will be no faith in them. Then the cryptocurrency will be an excellent alternative.

I don't think people will invest crypto more if the crisis will hit globally, the possibility of this is a massive dumping of crypto assets and convert it to cash as preparation  of the aftermath of the crisis, it is predictable that the value of commodities will rise due to the fall of the economy, therefore I think it will not give a positive outcome of crypto.

[Astermony]

It is very simple, if inflation wipe out people's asset and investment and there less or no disposable income for investnent, lesser funds will find it's way in to cryptocurrency space and the slow investment will slow down growth and development in cryptocurrency!

I think we have the same vision, whatever crisis will happen, it will create a domino effect negatively, even crypto will have no exemption, more investors will certainly halting their investment and observe the impact of the global crisis and even cashing out to prevent more loses.