Post
Topic
Board Economics
Re: The Coronavirus and A Deflationary Crisis
by
Wenbing
on 19/04/2020, 06:54:40 UTC
Some Coronavirus lessons costed us too much. Bitcoin believers have been saying that this crypto has a big potential to become a medium of exchange, in fact, we experienced panic selling phenomena. It's so sad Cry

During financial crisis there usually 'bloods on the streets' which means that people will loose their investment due to panic.

Well, deflationary and inflationary tendencies are what create profit in the market. So, its good to hold on to what you've until the coronavirus pandemic is over.