Quote from: kogozer714 on April 17, 2020, 05:02:24 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.

corona virus greatly affects economic growth including crypto, true What you say we must be careful in making the decision to invest if one takes it will be empty, the investors will definitely wait for the certainty of the corona virus to open up new institutions to invest in cryptocurrency

The American Government is trying to cusion the effects of the economic blow dealt by the Corona virus pandemic by gradually opening up the towns on lockdown but I wonder how feasible it will be after defunding WHO and zero evidence of cure or vaccine yet. Amidst all these comes the strengthening Chinese Economy too. I doubt if they will retain World power after this blow, after all, they are gradually flooding the components which makes them.the world .bigbrother