The current world market situation. - page 7.

rathaha10

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Quote from: tunapa on March 09, 2020, 02:09:30 AM

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.

The corona virus is a disaster to planet Earth as it have causes a global crisis that has putten an end to global activities and commerce across many nations. Most countries are on lockdown, no trades are happening, no work as they've shut every workplace. Even investments options are not left out as even stock market, gold and cryptocurrency market are having their fair share of the effect of the coronavirus pandemic.... I just hope it will end sooner so that the world can flourish again

Botnake

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Quote from: tbone777 on March 30, 2020, 03:32:00 AM

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.

tbone777

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Current situation is changing every day. And it going to be worse and worse

gweedo

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Quote from: babykika2027 on March 28, 2020, 08:11:12 AM

The current situation is comeplitly terrible. And it can be even worse

It could be worse if the virus is still unchecked. Every day I see tens of thousands of people around the world infected and it is truly horrible. If the virus is not controlled in April then I believe we will face the global economic crisis

Twinkledoe

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Quote from: julius caesar on March 28, 2020, 03:05:01 AM

Quote from: tunapa on March 09, 2020, 02:09:30 AM

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.

For me, it is better to abuse the market situation as of now. Better try to grab this opportunity for you to be able to invest into a coin cheaper than its usual price. Hold it until the market price goes back and that will be an easy profit to you. Do not be afraid on investing in crypto when the price of every coin is on red state since that is a good opportunity to avail coin cheaper.

But someone needs to be careful which coin he will invest on. Should be those at least in the top 20 in the market so even after the crisis, it will still be trading in the market. Many new coins are at high risk that they will be gone soon and will have a short lifespan.

babykika2027

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The current situation is comeplitly terrible. And it can be even worse

Valzador

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Quote from: Ziskinberg on March 28, 2020, 04:45:31 AM

Most of the investors maybe are doing that, reason why the market dump because they panic, but investors who have good strategy would never convert his investment because they know if they panic, they will lose in this game.

Investors should not consider putting their money for their needs into investment, we have to allocate funds for investment and separate funds as our savings in times like this, that way, it would not affect our investment.

Such a decision is not wrong, but it causes a lot of losses due to the transaction costs of withdrawal on the exchange when this outbreak is over they will make a deposit and buy the coins they want to cut their money.

BitcoinTurk

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The current market conditions are in a very rapid collapse period due to the corona virus, and these drop fluctuations will continue unless the virus has a cure. Although there was already anticipation of a financial crisis before the virus, this crisis expected with this virus occurred earlier. This crisis process is said to be a more serious crisis than the 2008 crisis and the recovery of the markets seems to take a long time. On the other hand, the central banks of many countries continue to print money so that markets can recover and escape the bankruptcy of large companies. In my personal opinion, the virus will lose its strength and impact on the world next month, and as a result, some relief will be seen in the markets, but it is important to remember that in one month period, the markets will have a serious negative wave and many large funds will lose a lot of money. Also, to comment on the crypto money markets, I think that there will be another sharp wave of decline in this one-month period and that these decreases will be reflected to the markets again during the half-time period. I hope I am wrong in my thoughts, which are a bad scenario, and many investors do not suffer a serious loss from their capital.

Ziskinberg

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Quote from: Eugenar on March 28, 2020, 02:37:18 AM

They convert it into fiat currency to have money to sustain to their need while crisis happens.

Most of the investors maybe are doing that, reason why the market dump because they panic, but investors who have good strategy would never convert his investment because they know if they panic, they will lose in this game.

Investors should not consider putting their money for their needs into investment, we have to allocate funds for investment and separate funds as our savings in times like this, that way, it would not affect our investment.

julius caesar

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Quote from: tunapa on March 09, 2020, 02:09:30 AM

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.

For me, it is better to abuse the market situation as of now. Better try to grab this opportunity for you to be able to invest into a coin cheaper than its usual price. Hold it until the market price goes back and that will be an easy profit to you. Do not be afraid on investing in crypto when the price of every coin is on red state since that is a good opportunity to avail coin cheaper.

Eugenar

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This COVID-19 is still spreading around the world to the point that it affects so much our real life system, there are so many lives that are being affected by the virus, even the cryptocurrency market is included to those affected by the virus, many investors pull out their money in some online investments, that is one of the factor that lower the market situation. They convert it into fiat currency to have money to sustain to their need while crisis happens.

Bezobraznike

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Quote from: Lexurdania on March 27, 2020, 10:52:34 PM

Quote from: Baimovic on March 27, 2020, 10:27:16 PM

Quote from: strunberg on March 09, 2020, 04:24:19 AM

corona viruses will create many people be jobless, their companies got direct impact from corona virus. product sold will decrease alot , since many countries strict import from another countries. in this condition , salary or income will not enough to fill their need,moreover for investment. if this condition continue , finance market will crashing again and market in the worst condition ever.

yes, of course the corona virus has caused losses to many parties both internal and external companies. the world is being haunted by the corona virus but if this virus can be resolved the possibility of stock markets and activities around the world will also return to normal again.

It took some time for the economy to recover as normal because world trade has fallen sharply at the moment because many countries are locking down. Manufacture needs time to produce goods and services, people need time to work as before, and I'm still optimistic that this outbreak coronavirus will quickly pass

Lexurdania we all hope that coronavirus will pass quickly. I am also optimistic, this chaos will pass and situation will go back to normal. That will
not happen right after, we have to be patient and now is the time when we need to be united more then we ever was before. People around should
forget about all disputes and start working together. Like that we will defeat coronavirus faster, and recovery will be faster.

Lexurdania

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Quote from: Baimovic on March 27, 2020, 10:27:16 PM

Quote from: strunberg on March 09, 2020, 04:24:19 AM

corona viruses will create many people be jobless, their companies got direct impact from corona virus. product sold will decrease alot , since many countries strict import from another countries. in this condition , salary or income will not enough to fill their need,moreover for investment. if this condition continue , finance market will crashing again and market in the worst condition ever.

yes, of course the corona virus has caused losses to many parties both internal and external companies. the world is being haunted by the corona virus but if this virus can be resolved the possibility of stock markets and activities around the world will also return to normal again.

It took some time for the economy to recover as normal because world trade has fallen sharply at the moment because many countries are locking down. Manufacture needs time to produce goods and services, people need time to work as before, and I'm still optimistic that this outbreak coronavirus will quickly pass

Baimovic

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Quote from: strunberg on March 09, 2020, 04:24:19 AM

corona viruses will create many people be jobless, their companies got direct impact from corona virus. product sold will decrease alot , since many countries strict import from another countries. in this condition , salary or income will not enough to fill their need,moreover for investment. if this condition continue , finance market will crashing again and market in the worst condition ever.

yes, of course the corona virus has caused losses to many parties both internal and external companies. the world is being haunted by the corona virus but if this virus can be resolved the possibility of stock markets and activities around the world will also return to normal again.

TheClownSong

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Quote from: tunapa on March 09, 2020, 02:09:30 AM

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.

Coronavirus has a pretty heavy impact on the world economy because it disrupts world trade and also the production of goods and services. Some economists also predict a decline in growth and a decline in economic activity there will be an increase in the number of unemployed and this will certainly burden many people

joshua123

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Fiat money is necessary especially the enemy is a virus that can sky walk airborne. You dont want to get out of the house where you can be contact with the people who have it. Having covid will makes you so worried. Not only by your health but the situation around you, imagine you become a positive confirm, not just money you will lose but also if your life if you cant survive the virus. See the streets, many business has gone down, crypto becomes a tune for beginners as this works as cashless and instant. Adoption could really somehow change its reputation in a time where everything is restricted.

awik p

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Quote from: NewRanger on March 27, 2020, 09:28:56 PM

Quote from: kynaz on March 27, 2020, 08:40:58 PM

The current market does not encourage people to invest and it is likely that the risk will be much higher than normal so think carefully before making a decision. Covid-19 has been continuously increasing recently and there has been no sign of reduction, so this situation will certainly last for some time longer. I am sure the economy will also be greatly affected and the crypto market will be a very risky place if you choose to invest

they prefer to hold their money than use it to buy cryptocurrency or other portofolio which is in uncertain condition now. many human and economic activity now lockdown in many countries and ofcourse it will influenced to their earning. only rich man or people that have much saving in their bank account courage to take this opportunity.

especially with the current lockdown, of course they are preparing fiat money to meet their needs every day during lockdown. Moreover, we know that in some countries the lockdown is extended, certainly making the economy more difficult. therefore hopefully this outbreak will pass soon, and the market will return to normal

NewRanger

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Quote from: kynaz on March 27, 2020, 08:40:58 PM

The current market does not encourage people to invest and it is likely that the risk will be much higher than normal so think carefully before making a decision. Covid-19 has been continuously increasing recently and there has been no sign of reduction, so this situation will certainly last for some time longer. I am sure the economy will also be greatly affected and the crypto market will be a very risky place if you choose to invest

they prefer to hold their money than use it to buy cryptocurrency or other portofolio which is in uncertain condition now. many human and economic activity now lockdown in many countries and ofcourse it will influenced to their earning. only rich man or people that have much saving in their bank account courage to take this opportunity.

kynaz

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Quote from: Kasabus on March 27, 2020, 04:31:41 PM

Quote from: MUG1WARA on March 24, 2020, 04:12:08 PM

You are right for now. I prefer to hold fiat money and invest some in gold and land. because now I prefer investing in something real, not in crypto where the situation is unpredictable

The world is having a financial crisis worldwide so all we have to do is to save first our fiat and use it only once emergency cases arise. Investors should be very careful in those investments they want to enter particularly in crypto since this is very volatile and has always chances that crypto coins will lower its value while we are still facing this pandemic disease.

The current market does not encourage people to invest and it is likely that the risk will be much higher than normal so think carefully before making a decision. Covid-19 has been continuously increasing recently and there has been no sign of reduction, so this situation will certainly last for some time longer. I am sure the economy will also be greatly affected and the crypto market will be a very risky place if you choose to invest

mrdeposit

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Quote from: kindbtc on March 27, 2020, 03:27:24 PM

Crude oil is way way down, it is almost at the two decade lows now as price dumps to around $20 and with corona panic in US and EU where corona cases are still rising and Saudi Arabia increasing oil supplies we may see $10 crude oil soon.
Regarding other markets including crypto i think it will take some time to recover as it is through hardest times of the century but i am quite sure as soon as we see control of this epidemic crypto market will be the first to boom.

The oil boom era is far away from the point world stands now, the new economic conditions are on the corner and wait for the right time. Maybe the Covid19 pandemic will be able to change the people's collective habit and this will be an opportunity for crypto projects to shine.

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