Topic: The current world market situation. - page 5. (Read 1589 times)
yes I understand that, the effect of the corona virus is of course a bad impact for all industries in this world both global companies and private companies and even including the cryptoqurrency industry as well. and this is happening now that the world situation is being haunted by the corona virus.
Only those who aren't affected by the virus will have the got to invest in crypto, those who are affected will need money so why would they invest their money now? It's really not a good time
I want to believe we are all affected by this pandemic, and it will take only the brave and courageous to buy into this market .
I reiterate that every time is a good time to buy, as long as proper research and trading / investment techniques are followed.
Always do your own research, and do not panic,
Stay Safe.
yes i am seeing it too. cash is the king today but i think this pandemic will shift the money off the wallstreet guys to cryptocurrencies because fiat can be a carrier of the virus we are facing now. i think there will be a huge shift on investment now but at the present time fiat is the victor
Don't quote so many statements, it's disgusting.Fiat is still the choice of investors as a solution to the unstable economic situation, Bitcoin will not be the primary choice for the current crisis because the price is so volatile, we do not know the safe rate of bitcoin, and of course, investors also do not want to take that much risk to secure the money.
The Global market is much affected by coronavirus,situation is most critical and going to worst condition, but despite this there is some hopes that medical science trying to invent vaccine to control it ,so for time being there is advice to trade safely and securely ,do not take risk which you can not afford to lose
I do not know if everywhere in the world is going to worse. In the UK maybe and in Spain maybe as well as other countries but that is because they did not put things into lockdown immediately. But in China and Singapore for example, where they immediately did strict lockdown, things are already looking like they could improve later this year!
Coronavirus is not responsible for the loss in price of Bitcoin presently, a scam token dumped huge numbers of Bitcoin that's what dragged Bitcoin price down, it will take days for recovery to start taking place
Yes you're right about the dump of bitcoin plustoken has done in time past but that's really not the cause of bitcoin price fall. It happened in. A link of an eye, every financial institution was affected by the effect of coronavirus bitcoin was not left behind. If you don't understand the effect of Corona on the global economy ! In the last 8 -12hrs , the US Crude oil is down by 31% , UK oil by 32%, BTC by 12% and more and other trading pair are falling deep. Crude oil seems dead now because they can't export it. Traders and investors needs to be careful now. This might be an unprecedented global recession. Now is not the time for long term Investment in real estate because when it goes bad, all those investment will be sold for pennies. So please hold your cash and follow the news.
Someone will ask that the funds that are leaving crude and stocks, where is it going ? It's simply being rolled into Fiat because everyone is careful of Investing at this time.
I should have listened to your warning, if I did it would have fetched we over 0.6 BTC presently, I never thought that the virus will affect crypto, I buy back at 9k and since then I've been swimming in the pool of loss Someone will ask that the funds that are leaving crude and stocks, where is it going ? It's simply being rolled into Fiat because everyone is careful of Investing at this time.
World fiat markets are at a historically low level and investors are afraid of such bad situation due to Corona but I think this will never effect on the digital market as digital marketing has no interaction it is totally in a decentralized way and ha no human direct interaction.
The Global market is much affected by coronavirus,situation is most critical and going to worst condition, but despite this there is some hopes that medical science trying to invent vaccine to control it ,so for time being there is advice to trade safely and securely ,do not take risk which you can not afford to lose
Current situation is changing every day. And it going to be worse and worse
It's changing but it's the price volatility, and we are not going into one direction only, in fact bitcoin hold at $6000 so it's not gonna be worse. Remember that bitcoin dropped $4000 and it climbed to $6000, that's a major improvement already and we are seeing how bitcoin is holding strong despite some try to shake the market, it's still here the support is strong.
This is what is alarming. What makes Bitcoin hold on and show good growth while all other markets are falling.
I don’t think that most quarantined people who lost access to work decided to invest in bitcoin in these difficult times.
Current situation is changing every day. And it going to be worse and worse
It's changing but it's the price volatility, and we are not going into one direction only, in fact bitcoin hold at $6000 so it's not gonna be worse. Remember that bitcoin dropped $4000 and it climbed to $6000, that's a major improvement already and we are seeing how bitcoin is holding strong despite some try to shake the market, it's still here the support is strong.
This is what is alarming. What makes Bitcoin hold on and show good growth while all other markets are falling.
I don’t think that most quarantined people who lost access to work decided to invest in bitcoin in these difficult times.
If it's about cryptocurrency investment then I will say one of the good things is to buy in at a very good time such that if any massive dip happens , it won't affect you so much. Investors and traders won't stop taking risk. Even when people are fearful , you need to be a bit greedy.
i think when the market is so down...that is not a bad idea to have some investement...yes i agree that it may go down much much more now but still when things get under control i am really sure it will get back to what it was in few months...so not a bad idea to invest some in coins or share market
Only those who aren't affected by the virus will have the got to invest in crypto, those who are affected will need money so why would they invest their money now? It's really not a good time
The coronavirus outbreak is causing a lot of economic disruption to finances across the country.
It’s also causing an enormous amount of casualties in Europe and the US. There are two different battles going on right now. A healthcare one and an economic one. At least holding TEM in my wallet will help me address the economic issue.
https://www.fool.com.au/2020/04/04/how-to-make-sure-your-finances-stay-strong-during-coronavirus/
It’s also causing an enormous amount of casualties in Europe and the US. There are two different battles going on right now. A healthcare one and an economic one. At least holding TEM in my wallet will help me address the economic issue.
https://www.fool.com.au/2020/04/04/how-to-make-sure-your-finances-stay-strong-during-coronavirus/
The current world market situation is very alarming.The virus has causes more damages worldwide affecting both humans lives and properties.World bussiness is at it's lowest,nobody wants to invest money due to the situation I think it is only after this pandemic that market will return to it's normal situation.
This pandemic will cause most IEOs and ICOs to fail but TEM never did that, privately funded and eyes on the future.
This is the reason why we see very few bounty campaign now, and very few IEO and ICO investors are on leave now, and it's very courageous for developers to launch their project at this point of time but as an investors and promoters, we should check the market and new projects from time to time, we never know there's a project waiting to be discovered.
Oil is actually one of those things that we will never have enough of and the price falling means absolutely nothing for the future. We are not suddenly moving away from oil and going to a more clean energy right away, of course that will eventually happen and that is why oil companies are paying politicians billions in total all around the world so that clean energy doesn't get picked up all that quickly.
Think about it, we will always have wind, we will always have sun, yet for some reason we are digging up oil that is finite amount for energy, as soon as world realizes that doesn't make sense and shift all the help and regulations and so forth to clean energy and just leave oil to die, the price will be even worse than this. This is only temporary due to corona, will pass soon.
Think about it, we will always have wind, we will always have sun, yet for some reason we are digging up oil that is finite amount for energy, as soon as world realizes that doesn't make sense and shift all the help and regulations and so forth to clean energy and just leave oil to die, the price will be even worse than this. This is only temporary due to corona, will pass soon.
Someone will ask that the funds that are leaving crude and stocks, where is it going ? It's simply being rolled into Fiat because everyone is careful of Investing at this time.
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