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/biz/ - Business & Finance

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16621521 No.16621521 [Reply] [Original]

What effect would a stock market crash have on crypto?

>> No.16621539

>>16621521
Crypto would go down twice as much as the stock market. If stocks go down 10% crypto would go down 5%

>> No.16621555
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16621555

>>16621539

>> No.16621561

>>16621539
brainlet
>>16621521
Observe the price of btc during the flash crash last December to get an idea.

>> No.16621567

>>16621539
This.

>> No.16621650

So everyone agrees it will tank? That's disappointing.

>> No.16621890
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16621890

>>16621521
>>16621650
Crypto is a risk asset, no one is going to be in the mood for speculating during a market implosion. It will be a flight for safety in gold and cash. Hell gold will go down too probably, deflation is a bitch, people will be selling everything. AFTERMATH of the crash, that's where it gets interesting though. That's where we see if currencies themselves survive, or if they suffer (hyper)inflation from meltdown of banking sector. That's where crypto moons. And also gets outlawed.

>> No.16622098

>>16621890
That's exactly what I was thinking.

So I guess the question is whether you should hold in anticipation of them criminalizing crypto, which would make the price skyrocket
Or
whether you should leave now and start buy during the crash.

>> No.16622111
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16622111

>>16621539

>> No.16622203

>>16621521

crypto crash would come first lmao