You are viewing a single comment's thread from:

RE: How Would a Financial Crisis Affect Cryptocurrencies? Are We Prepared?

Thanks for the great post. It was very interesting since I read a article at the other day that there will be an another Financial Crisis in 2018 just like 10 years ago. I guess this weekend will be the perfect time to study and do a bit of research about what's going to happen to the world economy soon.
Before reading your post, actually I thought that the price of cryptocurrency will generally get more expensive in the short term also. The reason is that, in our country(South Korea), the stock market is like a roller coaster because it shows a tendency depending on US, China and other large stock markets. What I felt, or what I saw is that when the Korean stock market(KOSPI,KOSDAQ) point is going down, people seem to take there money out of the stock market and invest it to cryptocurrency, and this kind of situation keeps repeating to the other side also. To summarize, I thought that the stock market and cryptocurrency shows a inverse proportion in the current situation. How is it in your country?

Coin Marketplace

STEEM 0.18
TRX 0.14
JST 0.030
BTC 59634.42
ETH 3191.92
USDT 1.00
SBD 2.45