You are viewing a single comment's thread from:
RE: How will a trade war affect cryptocurrencies? How will cryptocurrencies affect a trade war?
with the recent stock market plunge, many may begin to fear a bear market is coming, which could potentially bring in more crypto investors to diversify their portfolios and holding a bit... idk just a quick thought that I had pop into my head
Regards,
@conradsuperb
I agree. Before when markets were volatile, the only real safe assets were precious metals. I wonder to what degree people will consider crypto to be safe. More safe than stocks or bonds, less safe than precious metals is my guess. Which would mean a lot of people might jump on board.
Who knows though, we have kept the dollar afloat for longer than I thought we would already. I expected a canada/america/south america hybrid coin already.
I think there will still be a fear for many to jump on board the crypto-train just due to the speculative nature of this space, but also the fact that hacking seems to be something worth noting as rather 'scary...'
I guess we will see & only time will tell... see ya around doc