The current world market situation.

[wozzek23]

You’re right everyone is being very careful right now and they don’t want to jump straight into any investment these days so they don’t lose their money. A lot of stocks and assets, and others were all affected by the current situation.

Bitcoin has managed to jump back to a higher price of $8000 and I’m looking forward to the bulls aggressively pushing the price up to another high price. Some people seem to have given up hope and I have started seeing the same thing that happened in 2017 repeating itself, a lot of people are now calling Bitcoin trash because of this drawback, and they all forgot that Bitcoin is not the only asset that decreased since this Corona outbreak. And compared to other stocks and assets, I would say it’s still a better choice.

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[semobo]

Price of crude oil decreased due to less demand along with clash between Russia and UAE so this isn't any related to crypto price fall IMHO.But definitely the world market is getting affected due to corona out break,stock market across the globe is crashing and reach new high records in crash.

[bttmember]

Although there is a lot of panic selling in the market and price dumping across all markets but do remember that there is always a great buying opportunity in such situations and the investors who take these opportunities make the most profit. So lets be positive and hope for the best even if you do not like to take risk then wait for reversal confirmation before entring again.

[magnum cyber]

Before coronaviruses emerge, of course, every investor is always careful before investing their money in them, including investing in cryptoqurrency or other things. but in this regard it is true that the emergence of coronavirus can be said to kill all activities around the world be it investment stocks, crypto markets, and others. this is what is happening.

[Chuky92]

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.

It is getting out of hand for the global market and extreme carefulness is needed in whichever market one tends to enter be it crypto or stock. At this moment in time, holding some potential coins starting with Bitcoin will be worth it for long term benefits, even if it is only Bitcoin its still good. Secondly, holding fiat is also important as most businesses or platforms are yet to start accepting crypto for payment of goods and services hence the reason fiat is important. In all, let's always study whichever trade or investment we wish to get involved with and mostly going with what we can afford while hoping for a possible cure for this virus sooner than later.

[Slingshot]

Generally market is down and also striving to bounce back. We have faced lots of challenges in the market and seriously it came sudden to many of us. Market is really at its down and should pick up back soon all resulted because of coronal virus issue and we have to wait till it subsides. I hope we go up back and recover the losses as many of us are already in.

[Firefoxx]

Coronal virus really damaged lots of this both stock market and online market. It actually affect Cryptocurrency badly. Fact is, market is still down as governments are putting tooth and nail to ensure there's remedy to Coronal virus and the expenses is really high. Some companies have been closed till things gets better. Even some shops and schools. People are panicking and things isn't as before but let's hope things gets better soon. But despite all odds, Cryptocurrency is trying it's possible best to pull through.

[roaringunknown]

In times of COVID Digital money is the perfect solution - no touching, no transmission.
Digital currencies such as Tem which are actively in talks with governments to provide them with a national digital currency are going to come out of this stronger than ever.

[skarais]

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Trade requires time and effort. Charts and price analysis and how you determine the best time to buy and sell are important things to do. Try to spend a little time studying support and resistance in trading, because these two things are very useful for increasing the traders portfolio. I am sure if you master these two things then you will be able to determine when the right time is to buy crypto assets and sell them at the right time too.

There is nothing wrong if we hope that prices can recover some time after the dump, but if we dont want to try doing the analysis then I think someone will get a bigger loss. Dont panic when prices change sharply, think of something like adding more capital if a dump occurs and I am sure you will benefit from it.

[kooboat]

Covid-19 has really caused the world economy and I hope the pandemic would end pretty soon so we can go back to  normal times again. In the last 24 hrs, there seem to be   some good news on the crypto market as bitcoin and ethereum are fairly rising again.

[gundala]

Trade requires time and effort. Charts and price analysis and how you determine the best time to buy and sell are important things to do. Try to spend a little time studying support and resistance in trading, because these two things are very useful for increasing the traders portfolio. I am sure if you master these two things then you will be able to determine when the right time is to buy crypto assets and sell them at the right time too.

This is what is often overlooked. Only rely on luck and feelings or beliefs that prices will rise, FOMO, without being based on analysis, that makes the risk even greater when they don't know what the right strategy is in dealing with unexpected situations.

[krayzie32]

Covid-19 has really caused the world economy and I hope the pandemic would end pretty soon so we can go back to  normal times again. In the last 24 hrs, there seem to be   some good news on the crypto market as bitcoin and ethereum are fairly rising again.

I not sure about anything but covid-19 is becoming more and more widespread and causing the whole economy of the world to be delayed and you will definitely face a lot of risks when choosing to invest in financial markets. Most large businesses suffer heavily from this disease and are likely at risk of bankruptcy if this lasts long. Personally, I will keep my money and limit the investment until things return to normal.

[ahyadinnn]

Covid-19 has really caused the world economy and I hope the pandemic would end pretty soon so we can go back to  normal times again. In the last 24 hrs, there seem to be   some good news on the crypto market as bitcoin and ethereum are fairly rising again.

I not sure about anything but covid-19 is becoming more and more widespread and causing the whole economy of the world to be delayed and you will definitely face a lot of risks when choosing to invest in financial markets. Most large businesses suffer heavily from this disease and are likely at risk of bankruptcy if this lasts long. Personally, I will keep my money and limit the investment until things return to normal.

true, for now the economy is in turmoil in all countries because of illness, we have to wait until everything returns to normal, I myself still hold on to cryto investment, while investing in stocks and others I still consider it carefully because of the current conditions this

[ballerin and giroud]

Your prediction is going right mate, at that time when create this thread cryptocurrencies were in the bull run market. We had known bitcoin price is trying to reach $10.000 and ETH was trying to reach $400 but the crash came and make falling apart. Bitcoin price was touching $3900 and even there was many speculation that bitcoin will touch $3000 and below.

But that was too much because in fact bitcoin price is trying to recover again even when the price touch $3900 in one day bitcoin was able to increase more then 24%. This is about how you know bitcoin and cryptocurrency as a whole, maybe if I save my fund in my money then I will lose too because at this time my money fiat is decreasing. Greatfully I store them in bitcoin and Ripple so as I did not lose too much comparing I store my fund in money fiat/cash.

[Ziskinberg]

The state of the world economy is really being unstable, with the situation and conditions where every country is fighting against the corona virus pandemic, there are a lot of losses due to the weakening of fiat currencies, but it does not have much impact on the crypto currency.

As bitcoin dropped to its current price now, this it the impact so far and that is a big impact for me.
We need to see bitcoin to recover reaching a good price so we can prove that it was not correlated with stocks and to the economic struggle.

[YOSHIE]

As you can see so far it cannot be said that the condition of the crypto market is sick, as the outbreak of the effects of the Covid 19 virus has so far been out of control.

But you have to believe that this outbreak can end and have a good solution, investment is a positive thing when viewed from the positive side, rather than we have to hold fiat money, because fiat money also has the risk of being infectedvirusCovid 19 as discussed in the media.

If examined more in investment crypto also has a good chance for the short term of crypto mobilization is always there even if only a littl.

[mdzahed134]

Cryptocurrency is not affected corona virus(COVID-19). People's spreading panic, so you can not excuse by corona virus. If you can asking public responsibility and blame them i think it’s fair. Word wide economy is big affected, all of exports and imports between almost entire countries are close down. Altcoins market situation still very good from others many commercial platform.                     

[gwaposakon]

I don't know if this is the effect of coronavirus but the world market is down right now. almost all market sectors are experiencing a downtrend (especially the energy sector has the biggest dip) according to businessinsider.com. As the treat of COVID 19 becomes more widespread, expect the situation to go down further.

[Xampeuu]

Cryptocurrency is not affected corona virus(COVID-19). People's spreading panic, so you can not excuse by corona virus. If you can asking public responsibility and blame them i think it’s fair. Word wide economy is big affected, all of exports and imports between almost entire countries are close down. Altcoins market situation still very good from others many commercial platform.                     

but the development of altcoin is having an impact too. when many people panic of course saving themselves is the main, especially in some areas carried out lockdown, so many people need lots of cash to be able to survive because there are no productive activities

[Sanitough]

I don't know if this is the effect of coronavirus but the world market is down right now. almost all market sectors are experiencing a downtrend (especially the energy sector has the biggest dip) according to businessinsider.com. As the treat of COVID 19 becomes more widespread, expect the situation to go down further.

This is certainly the effect, but since crypto market is not fully correlated with stocks, we are seeing some light now that bitcoin might be bullish, but I am not so confident with it, people now might discover about crypto and that is a good thing, but the biggest threat is the collapse of global economy, crypto might still get affected in the long run, so vaccine should be found as soon as possible.