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Author Topic: What will happen tomorrow when the stock markets worldwide crash again?  (Read 485 times)
jameswar1955 (OP)
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March 15, 2020, 07:07:25 PM
 #1

What do you think will happen tomorrow with the BTC (up or down?) if the stock markets worldwide crash again?

I am afraid that the BTC will then go towards 3k or even less. The altcoins will hit it even harder.

I dont know what i should do today, sell all my altcoins?
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March 15, 2020, 07:34:21 PM
 #2

There's a big chance it will happen like you say, but there's also a chance that Bitcoin's reaction won't be as big, because we already fell quite a lot, and some even say that it was quite irrational and that Bitcoin is oversold. Also, maybe stocks won't crash in one big swing but will keep declining for a longer period of time, and in that case they might be less impactful on Bitcoin's price, as investors won't be making hasty decisions.
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March 15, 2020, 07:37:49 PM
 #3

It's going to be chaos for a long time before it gets better, unfortunately..

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March 15, 2020, 07:57:46 PM
 #4

Most markets will crash because all major businesses are effected and many even halted due to this pandemic outgrowth and panic situation globally, regarding crypto market i am hopeful that it will find support and will survive because i think crypto market will have less negative effect on value from here on because it has already dumped the most it can, this is my opinion and i may be wrong but i am hopeful about crypto market recovery.

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March 15, 2020, 08:18:35 PM
 #5

What do you think will happen tomorrow with the BTC (up or down?) if the stock markets worldwide crash again?

I am afraid that the BTC will then go towards 3k or even less. The altcoins will hit it even harder.

I dont know what i should do today, sell all my altcoins?

Maybe. But, bitcoin can do the opposite! There can be two situation here. 1. Bitcoin will crash again, 2. Bitcoin will pump hard. No one have any accurate data on what will happen tomorrow. In such a situation, Anyone have not any confidence about from where Bitcoin will bounce back. Now everything depends on what you want to do.

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March 15, 2020, 08:23:09 PM
 #6

Nothing change, everyone will continue their activity.

I am afraid that the BTC will then go towards 3k or even less. The altcoins will hit it even harder.

I dont know what i should do today, sell all my altcoins?
If you feel don't really comfortable holding altcoin, then decide by your self will you keep holding / selling your altcoin.

Try to make your own decision, following other people's advice just makes you confused. That's it's your asset, you should know the reason why buying/selling that altcoin but just don't regret went you make a wrong decision.
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March 15, 2020, 10:39:51 PM
Last edit: March 15, 2020, 10:56:28 PM by qwizzie
 #7

QE4 Begins: Fed Cuts Rates, Buys $700B in Bonds; Bitcoin Rallies 7.7%
https://www.coindesk.com/qe4-begins-fed-cuts-rates-buys-700b-in-bonds-bitcoin-rallies-7-7

Quote
The Federal Reserve decided it had to act quickly and severely to cut rates on Sunday, slashing the target fed fund rates — the interest depository institutions
charge one another overnight for reserves — to between 0.0 and 0.25 percent. The full percentage point cut was four times more than its usual move.

At least the US still has something to cut with regards to interest rates, Europe has been at 0% interest rate for years now (effectively leaving the ECB out of ammunition for this
crisis).



Source : https://www.global-rates.com/interest-rates/central-banks/european-central-bank/ecb-interest-rate.aspx

Central banks of Australia, Great Britain, Canada, Europe and Japan will have a tough time supporting their economies through interest rate cuts this time around.

Learn from the past, set detailed and vivid goals for the future and live in the only moment of time over which you have any control : now
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March 15, 2020, 10:53:00 PM
 #8

I am sure the market will recover and be stable. when compared to other assets, in crypto it is more hard hit. I'm not sure bitcoin will drop below the price of $3k. our community has spread and certainly will not be let to die silly. Bad news makes everyone panic, so it falls into the area of $3k and worse if the price is less than $3k, there must be a harder hit. There are several factors that cause Crypto to fall, one of which reportedly the miners are no longer profitable, if there are no miners, what will happen is Bitcoin stuck. in the near future, bitcoin has to soar and to save miners.

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March 15, 2020, 10:59:08 PM
 #9

We have not arrived at a point where we could say that the market is now stable. There is likely to be more shake offs. It is just quite painful to see how one of my favourite altcoins to be hard hit.
The volatility of crypto these days seem to be unpredictable. The bottom is yet to be reached.
The aftermath of the stock market is affecting crypto, because it has been proven to be true. So, if that happens again, it will definitely be affected.
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March 15, 2020, 11:09:07 PM
 #10

What do you think will happen tomorrow with the BTC (up or down?) if the stock markets worldwide crash again?

I am afraid that the BTC will then go towards 3k or even less. The altcoins will hit it even harder.

I dont know what i should do today, sell all my altcoins?

Obviously, if the stock market crashes again then it will have a ripple effect on crypto, specially Bitcoin. And since almost all altcoins are hook on Bitcoin's price, then definitely it will be another catastrophic day for the rest of crypto's.

Depends on what altcoins are you holding, on the contrary though, if you have funds around, why don't you take advantage of the situation and buy altcoins? Instead of selling them because you are afraid of what's going to happen, why not just be patience and be calm in this shit-storm? Crypto investments is very different, you need to be really mentally tough in times like this.

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March 15, 2020, 11:19:01 PM
 #11

If there's a another big news like there was a chaos already because the virus keeps spreading and people are losing their jobs, they are committing crimes, looking for vaccine and food or whatever they need, maybe there's a huge panic again and the stock market will crash, so as BTC.

we are not only looking at $3000 here a possible dump below $1000 is possible.

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March 16, 2020, 02:19:26 AM
 #12

Seeing the current market situation is indeed very terrible, but rest assured this is only a temporary panic caused by the corona virus but I personally believe this is temporary and will soon recover to normal prices especially Halving soon to arrive, why not buy while cheap
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March 16, 2020, 03:46:45 AM
 #13

What do you think will happen tomorrow with the BTC (up or down?) if the stock markets worldwide crash again?

 Obviously, if the stocks will go crash, our economy will also go down again. As well as cryptocurren. Especially that we are suffering from pandemic issues, thus that scenario will possibly happen.
 
 
Quote
I am afraid that the BTC will then go towards 3k or even less. The altcoins will hit it even harder.
 

 We have seen bitcoin last year in $3,000. Why would we panic? If bitcoin will gonna hit that again, we all have a choice to hold and to buy more bitcoin and some other altcoins.
 
 
Quote
I dont know what i should do today, sell all my altcoins?
 

 It's your own decision.
 If you'll gonna sell it, you'll be deficit. If you will hold and wait for some recovery, you can still benefit from it.
 The problem I am seeing with you is you are lack of Patience and you are Panicking. Have you ever try to chill and wait? We are in volatile market so anything is possible here.
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March 16, 2020, 03:51:19 AM
 #14

-snip-
I am afraid that the BTC will then go towards 3k or even less. The altcoins will hit it even harder. -snip-
If you are afraid that BTC will fall to $ 3k you can sell it today and the price is still around $ 5.3k.

Of course altcoin will fall even deeper if BTC continues to fall.

All you have to do is don't hold BTC or altcoin, you only need FIAT or syablecoin to make it safer. BTC and altcoin have risks with high price votivity.

Don't panic too much, make sure your goals hold BTC or altcoin, if you do cutloss you will only waste your money. it's not good for you.

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March 16, 2020, 04:45:37 AM
 #15

If there's a another big news like there was a chaos already because the virus keeps spreading and people are losing their jobs, they are committing crimes, looking for vaccine and food or whatever they need, maybe there's a huge panic again and the stock market will crash, so as BTC.

we are not only looking at $3000 here a possible dump below $1000 is possible.
this is only for worste case scenario . Well its actually possible but if the virus will stop and many people recover and the covin19 completely gone .then vice versa will happen it will make the price more stable and we can see another green light in the market.

The selling trend is because of the lost income from stocks and other market because of panic.
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March 16, 2020, 06:08:38 AM
 #16

Seeing the current market situation is indeed very terrible, but rest assured this is only a temporary panic caused by the corona virus but I personally believe this is temporary and will soon recover to normal prices especially Halving soon to arrive, why not buy while cheap
Yes, that's right, even though a good opportunity was already very open when bitcoin experienced a very cheap price drop, but what I saw some people instead chose to withdraw their assets from crypto for fear of the corona virus that was ravaging the region.
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March 16, 2020, 07:06:27 AM
 #17

What do you think will happen tomorrow with the BTC (up or down?) if the stock markets worldwide crash again?

I am afraid that the BTC will then go towards 3k or even less. The altcoins will hit it even harder.

I dont know what i should do today, sell all my altcoins?
There is high chance that things will happen as you say but what if it doesn't ? You can lose out of you sell all your coins and market failed to crash, it's your coins and you are the only one who can make decision here, I honestly don't let this market bother me, I leave my coins in my wallet

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March 16, 2020, 07:17:58 AM
 #18

What do you think will happen tomorrow with the BTC (up or down?) if the stock markets worldwide crash again?

I am afraid that the BTC will then go towards 3k or even less. The altcoins will hit it even harder.

I dont know what i should do today, sell all my altcoins?

Dont sell it if youre gonna bleed so much with your loses. Its a risk of holding crypto and if you want to get even or earned from it, buy now, since its worth buying.

Market has been devastated already I dont think whales gonna put more show to drag it. Investors all over thr globe are just there and waiting and I believe it will be soon recover in line with the upcoming halving. Slowly but surely is better than a very volatile movement.
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March 16, 2020, 07:20:25 AM
 #19

As you said, bitcoin will decline as well when the stock market goes down but I can't do anything and can only secure my assets to a more stable one than crypto, at a time when conditions like this are far risky if I hold bitcoin but I will wait bitcoin fell to the bottom again and will buy for the future but at the moment I have not yet thought to buy because bitcoin will fall again.

If the world market will fall, all of them will fall.

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March 16, 2020, 08:21:01 AM
 #20

What do you think will happen tomorrow with the BTC (up or down?) if the stock markets worldwide crash again?

I am afraid that the BTC will then go towards 3k or even less. The altcoins will hit it even harder.

I dont know what i should do today, sell all my altcoins?

Selling coins or tokens that we have when the market conditions are not good in my opinion is the wrong action. The current condition of the cryptocurrency market is also experienced by the stock market or other capital markets so that the crypto market will recover even maybe it can jump higher than before

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