Quote from: Anonymous100 on Today at 07:38:32 PM

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 is just a disease. There will come a recovery time. I think the effects of Corona are not too dangerous for crypto investors. Corona is not a world war, of course the effect will be easy to disappear. All countries help each other, not kill each other. So no need to worry about investing in crypto with Corona conditions.

Everything about cryptocurrency is done online, which is one of the reasons why it is doing better, despite the economic melt down, which is caused by the pandemic and which affects several activities, most especially those that involve offline presence. Cryptocurency is one of the alternatives that seem so easy to venture into. I see investors getting many on a daily basis.