Quote from: Rodeo02 on March 09, 2020, 07:25:14 AM

Quote from: republicrypto on March 09, 2020, 07:14:58 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.

but for me, at this moment is better to keep our money in Gold or digital gold called bitcoin my friend
regards

If you are not affraid to lose then do it. Make sure you will never need to use your money incase of emergency so you will not sell it wrong time.

As long there are virus every market even stock will continue to decline even amazon, facebook and other popular stocks is also affected in this situation so always be prepared and check all your portfolio.

For me this the time to convert it all to fiat if things getting worste your money is secured in your hand.

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