If the stock market crash will crypto crash too ?
If the stock market crash will crypto crash too ?
Hi guys,
Thoughts please.
Thanks
Yes, but because of human nature and the fact that the same people that own stocks, own billions in crypto. So if they lost a lot of money in stock market, they will sell all the cryptos to make cash.
OR
If the crash is so big it makes fiat worthless even if they sold all crypto, maybe they’ll switch to crypto full time, and that means moon.
But that never gonna happen.
I think that more people will switch from stock to crypto- so we will definitely dip hard but then recover even harder!
Not exactly. Initially there will be a sell off as institutional investors are forced to liquidate positions to cover margin. We have alrwady seen this happen a few times. However, after the initial drop, people will be looking to hold against the rapidly inflating dollar, and they will rush back into crypto, blowing it up fast.