Quote from: julius caesar on March 28, 2020, 08:05:01 AM

Quote from: tunapa on March 09, 2020, 07:09:30 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.