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. 
Topic: The current world market situation. - page 8. (Read 1625 times)
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.
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.
There is a limit what we can call "affecting bitcoin". Does it affecting bitcoin directly and the blockchain?
No, it is not doing that at all, however if we look at the price we can see that it is affected somehow. How do we decide that has an impact or not?
Well, when we look at the price we know there is a impact of coronavirus on bitcoin, maybe not the way we are used to but it does have an impact.
Maybe it is not affecting blockchain, maybe it is not changing anything on the core of it, but that is just one part of bitcoin. When you say that the price is affected because of the panic, that "panic" is what the corona is bringing to other stuff as well, sure the companies are affected more but there could be different levels of impact as well so we can't say there is only one way to impact it.
No, it is not doing that at all, however if we look at the price we can see that it is affected somehow. How do we decide that has an impact or not?
Well, when we look at the price we know there is a impact of coronavirus on bitcoin, maybe not the way we are used to but it does have an impact.
Maybe it is not affecting blockchain, maybe it is not changing anything on the core of it, but that is just one part of bitcoin. When you say that the price is affected because of the panic, that "panic" is what the corona is bringing to other stuff as well, sure the companies are affected more but there could be different levels of impact as well so we can't say there is only one way to impact it.
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
well we have screen recovery in the market stocks , gold and crypto are in green at the moment but uncertainty isn't over in fact no.of confirmed case of covid-19 are above 52K in USA so challenging times ahead.
Current world market is totally in a mess, nothing is absolutely moving, we are living by grace but not withstanding the gravity of it crypto market is trying it's best to get fit and I do hope we would see more moons and thanks to everyone that trusts blockchain and ensuring it doesn't go beyond what was expected. We are grateful.
What the entire world market has turned into isn't appealing to traders eyes because of the deepened crash that occurred during the covid-19. This pandemic has been the reasons why most of the crashes happened. Although, the efforts from the world government to revive the world economy is yielding positive and will likely fix many of these happenings around the financial world. Hope to see the very positive reactions from the entire market.
if you draw conclusions about what is happening in this world, the answer is Corona Virus. many people think that the emergence of this virus has disturbed and affected the value of any stock or industry in the country or abroad. we can see that the presence of this virus has also affected the value of the shares of the cryptoqurrency industry.
In this crisis, we must prioritize health over investment. By holding fresh money, makes it easy for us to meet the needs of life in the midst of a pandemic. The decline in most investment products is normal, which means we are still human. As for the crypto market, it has also been affected by the weakening of the global economy, not directly affected by Corona, I think, because in recent days we can see that the crypto market is quite green.
This ought to be the very moment that will define bitcoin and cause a great wave in the market which will make people rethink investing in bitcoin market. I am sure the price of bitcoin will shoot further up than we are currently experiencing.
The corona outbreak crippled the business industry in the stock trading or cryptocurrency sector. You can see that some shares traded down badly enough to cause investors to lose billions of dollars. The crypto market situation that I monitored is starting to improve because the price of BTC has started to rise again.
if you draw conclusions about what is happening in this world, the answer is Corona Virus. many people think that the emergence of this virus has disturbed and affected the value of any stock or industry in the country or abroad. we can see that the presence of this virus has also affected the value of the shares of the cryptoqurrency industry.
I agree that the situation is very bad and the market has crashed real bad but I wonder why people are in a state of such a panic.
Don't you guys think that once the Corona thing ends, the market will recover soon.
So as long as the stocks and crypto is down we must keep buying the lows.
You never know when you miss the all time low and never get the opportunity back and later regret of missing the opportunity to buy.
Don't you guys think that once the Corona thing ends, the market will recover soon.
So as long as the stocks and crypto is down we must keep buying the lows.
You never know when you miss the all time low and never get the opportunity back and later regret of missing the opportunity to buy.
they panic because this covid thing is really scary that it now leads to pandemic and the death tolls are now too much but nostly elder people are the ones that are affected the most . still we must not be confident if we are young because our immune system can get low too sometimes and you wont know if you are expose to virus . panicking on the crypto market is normal and happens all the time . people talk about the time when coins are low and here it is now , the time has back and we dont know if how long it will last or it will happen again soon . if they still dont grab this oppurtinity then make sure that they dont complain next time .
It is of no doubt that the current pandemic disease outbreak is greatly affecting the economic growth of the crypto market. So many things have been put on hold because of this societal challenge. However, we need to be encouraged to furge ahead in our crypto investment. A lot of things that seem to be imbalance now in the market will soon be balanced if only we can persist and not give up.Although, there seems to be no tangible profit and encouragement from most of the crypto campaigns rolling out currently, but we can encourage ourselves to persist and not give up.The current global market situation should not cause us to be weighed down as such is bound to happen sometimes. Let us remain focused and optimistic for better days to come.
I agree that the situation is very bad and the market has crashed real bad but I wonder why people are in a state of such a panic.
Don't you guys think that once the Corona thing ends, the market will recover soon.
So as long as the stocks and crypto is down we must keep buying the lows.
You never know when you miss the all time low and never get the opportunity back and later regret of missing the opportunity to buy.
Don't you guys think that once the Corona thing ends, the market will recover soon.
So as long as the stocks and crypto is down we must keep buying the lows.
You never know when you miss the all time low and never get the opportunity back and later regret of missing the opportunity to buy.
Indeed the effect of the Corona virus on the global market has been very bad, almost all financial institutions have gone red,the oil sector,stocks even our own cryptocurrency,this is as a result of investors withdrawing their money and keeping it in their local currency,to prepare ahead of days.
maybe it is true they are withdrawing funds to avoid even worse crashes.
and also people who are accustomed to facing this kind of situation would have prepared, I mean when the economy is weakening because of something they have prepared a lot of money to buy from low, after the outbreak is gone the economy will definitely be stable or increase.
and also we don't know whether this outbreak was made or purely due to nature.
An outbreak of coronavirus was caused due to the use of pangolins, from which the virus was transmitted to humans, and what next you know. To believe in various conspiracy theories that the military from the USA did this, given that the greatest blow to the elderly from the coronavirus, and most of them in Europe and North America is very stupid. and also people who are accustomed to facing this kind of situation would have prepared, I mean when the economy is weakening because of something they have prepared a lot of money to buy from low, after the outbreak is gone the economy will definitely be stable or increase.
and also we don't know whether this outbreak was made or purely due to nature.
maybe it is true they are withdrawing funds to avoid even worse crashes.
and also people who are accustomed to facing this kind of situation would have prepared, I mean when the economy is weakening because of something they have prepared a lot of money to buy from low, after the outbreak is gone the economy will definitely be stable or increase.
and also we don't know whether this outbreak was made or purely due to nature.
and also people who are accustomed to facing this kind of situation would have prepared, I mean when the economy is weakening because of something they have prepared a lot of money to buy from low, after the outbreak is gone the economy will definitely be stable or increase.
and also we don't know whether this outbreak was made or purely due to nature.
I think the biggest effect that everyone (atleast 80%) are experiencing right now is fear.
Fear of the unknown has caused people to sell off their stocks, their gold, their assets and rendered all markets clueless and dumped.
And in times as this, it is better to be safe than sorry.
But still, its a time to be careful what and how we sell, because there are scammers looking for who to prey upon..
Stay calm, ease your fears. We will overcome.
Fear of the unknown has caused people to sell off their stocks, their gold, their assets and rendered all markets clueless and dumped.
And in times as this, it is better to be safe than sorry.
But still, its a time to be careful what and how we sell, because there are scammers looking for who to prey upon..
Stay calm, ease your fears. We will overcome.
Cryptocurrency is not affected corona virus(COVID-19). People's spreading panic, so you can not excuse by corona virus. If you can asking public responsibility and blame them i think it’s fair. Word wide economy is big affected, all of exports and imports between almost entire countries are close down. Altcoins market situation still very good from others many commercial platform.
but the development of altcoin is having an impact too. when many people panic of course saving themselves is the main, especially in some areas carried out lockdown, so many people need lots of cash to be able to survive because there are no productive activitiesThis time is a very difficult time and i m still doing quarantine for my self and what i can do right now is only to survive and i think another people have the same thought with me to survive from this pandemic that gives a lot of uncertainties.
Honestly crypto market is not reliable at all. If someone is not a smart investor, it can give someone a high BP. I have invested a little in cryptos, just exactly the time when I need returns from my investment, the market would be red. For someone like me who is not a smart investor, in time lime this when global economy is facing chaos I prefer putting 80% of my assets into landed properties.
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