The current world market situation.

[Bitstar_coin]

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

[1715381637]

1715381637

[1715381637]

1715381637

[1715381637]

1715381637

[1715381637]

1715381637

[imoet]

Corona virus really affect world's economy. Many people feel depressed because of the corona virus. Lockdown make the economy down. This pandemic make us must be careful in decision everything.Because the market situation will change unregularly right now.

[South Park]

Even the 1st world countries who have the best health care system are having a hard time to prevent the spreading of the virus. We should expect that the worst may come to happen because we are now in the global recession. The economy are now start collapsing because of the businesses that have forced shutdown due to the lockdown. There are a lot of drops especially in stock market and cryptocurrency market and I think it is better if we all have plan to handle different scenarios that we may face.

The healthcare system like most systems around the world are built based on the average demand, as such even countries with some of the best healthcare systems around the world are not going to have enough resources to face this pandemic and we are seeing the same with the economy, neither countries, businesses or people were prepared for something like this happening and now everyone is struggling to find a solution to all of this, but the truth is that most likely we have several difficult years ahead of us because of this pandemic.

[Firefoxx]

This is really a serious worldwide issue and no one can even know the end of it. Imagine crude oil falls and market including Crypto but we will surely survive the hit but market situation is really bad and we are hoping for a good turn around because if it continues this way many things will spoil. Things are difficult this moment.

[disconnectme]

I just feel that we have not really see the full effect of this Coronal Virus on the market, people need to be very careful because no market would be spared. Have a saving kept for the unexpected. Most of the countries that depend on Oil now, I do not understand how they plan to weather this period.

[PlayFuel_Official]

Globally, a huge impact on the economy is being experienced due to the COVID19 pandemic. The oil market is having too much supply and very low demands, while the stock market is showing volatility as traders panic-sold their assets. Even last month, the crypto market 'Black Thursday' hits hard as BTC had a price drop from almost $8k to low $4k. Following this, crypto exchanges continue to attract more traders and volume is still growing compared to traditional markets. At the moment, PLF shows an estimated overall ROI of 7,430.24% with a 1.96% gain within the last 24 hours.

[South Park]

I just feel that we have not really see the full effect of this Coronal Virus on the market, people need to be very careful because no market would be spared. Have a saving kept for the unexpected. Most of the countries that depend on Oil now, I do not understand how they plan to weather this period.

And you are right, the full effects of this are not going to be evident until the end of the year, most countries that depend on oil for the majority of their income have some sort of insurance in place that will cover most of their losses for some time, also the price of oil should improve during the next months as the agreement of the OPEC to cut production by 10 million barrels per day will take affect at the start of May, however things are not going to go back to normal anytime soon and we must prepare for the possibility the economy begins to do even worse during the next months.

[ned.ryerson]

Corona virus really affect world's economy. Many people feel depressed because of the corona virus. Lockdown make the economy down. This pandemic make us must be careful in decision everything.Because the market situation will change unregularly right now.

the virus really created a very strong effect on people. but if we are talking about the global economy, then I believe that it has been in a critical condition a long time ago and the virus has nothing to do with it.

[cute nmp]

The current market situation is not good at all due to the current pandemic going on.The market continues to fall everyday and situation becoming worse day by day.Even the stock market have suffered losses . Market will only return to normal when this is over and businesses are reopened.

[SistaFista]

I think it is more safer to convert our money to digital currency such as cryptocurrency.
If we want stable value, we should buying USDT or other stable coins. Investing on oil or other physical things may be not good today.

[Mealea]

Corona virus is a pain in the neck for everyone of us now. The pandemic is having a negative effect on everything now which crypto is not exempted. This pandemic is bad for everything, we can only hope at this point in time.

[roberthays]

It seems a lot like the 2007/08 period. Times will be tough for those who have real estate/stock investments but it'll recover eventually.

[chabbbi]

There is so much news and happenings in the blockchain world, even though there is a pandemic. BTC is still in bullish state, and many invest in crypto. You may research and find the best cryptocurrencies in Tokenncoin website. They are always updated. You can follow also their social media accounts to get updated.

 

[bayudndy]

It seems a lot like the 2007/08 period. Times will be tough for those who have real estate/stock investments but it'll recover eventually.

It will recover, but the problem is how long it will take for all to recover like before. Until now the virus still exists and we still can't go out to work. What a horrible year

[Sanitough]

It will recover, but the problem is how long it will take for all to recover like before.

We should not feel frustrated on this, no one expect the pandemic to happen, it's just part of history because this will eventually end.
once we invest in crypto, we have to be fully prepared to hold longer because crypto is for long term in order to see its full potential and that's why we are investing now because we believe on that potential.

Until now the virus still exists and we still can't go out to work. What a horrible year

The year is not over, we are in the first half of the year and you already concluded that this year is a horrible year?

[Lexurdania]

They convert it into fiat currency to have money to sustain to their need while crisis happens.

Most of the investors maybe are doing that, reason why the market dump because they panic, but investors who have good strategy would never convert his investment because they know if they panic, they will lose in this game.

Investors should not consider putting their money for their needs into investment, we have to allocate funds for investment and separate funds as our savings in times like this, that way, it would not affect our investment.

Agree, experienced investors will not easily panic and may take a favorable position in the midst of an economic crisis. Investors who panic easily when something happens in the market are investors who will only survive in the short term

[Google+]

It seems a lot like the 2007/08 period. Times will be tough for those who have real estate/stock investments but it'll recover eventually.

It will recover, but the problem is how long it will take for all to recover like before. Until now the virus still exists and we still can't go out to work. What a horrible year

if you want to restore the world economic conditions I think it is very difficult to happen because there are many people who have suffered losses and only the global elite can control the world economic conditions, this virus outbreak is only used as a scapegoat and used by those whales that affect economic conditions global.

it could be a virus outbreak lasts for 1 year, no one knows.

[red4slash]

Indeed for now the world economy is deteriorating so all investors have to bear losses, and I think in the crypto world all that happens can still survive because there are still many altcoins that price increases in the current situation, and is perfect for investing in the future, and we expect Corona virus will quickly expire.

Not everyone. Competent investors parted with part of their assets in favor of a stable currency before the crisis began, and now they are waiting for the right moment to enter the market again, increasing their capital through discounted purchases. The pandemic is making adjustments, and we will probably see prices even lower than current prices.

yes I am also pretty sure that not everyone will take steps to hold their money on more stable assets, there will always be people who make investments even at times like this and on the other hand there will be those who secure their funds to wait for the right moment, market circulation will continue to occur. we can see it in a market circulation that is still sustainable and this is really real

[BlackboardTrade524]

In a word here, it can be said that the current market situation is not good / bad at all. However, I would also like to point out that this is not the only time I can blame for today's bad situation. There are so many things involved that you don't have to read about one thing. Current situation is changing every day .You have to think far and wide.

[ife2020]

The market, the world is on the path to recovery and its happening slowly.
Even though the world may never remain the same after the pandemic; the market will recover.

Bitcoin has led the way with positive growths; while others are coming up too.
Just do your own research and do the best as you ought to; invest right.