Advice to everyone today

[bakasabo]

Remember the financial crisis in 2008 when banks stopped customers from withdrawing funds? Then drip feeding tiny amounts to customers via ATMs. This is going to happen again, this time it will be worse.

Take your financial freedom in your own hands, Buy crypto today

some investors are waiting for what will happen to the market especially with the current virus pandemic. but some are taking this opportunity to amass cryptos while the prices are so low. at times like this virtual currency would show its real-world use. trading goods without physical forms like money.

I have a funny feeling that there are no investors left in cryptocurrency market, by looking how much project raise in 2019/2020. Or by observing the kind of "success" project shows after listing. I cant say that I've seen each listing of each ICO/IEO/Bounty, but the price drops after it makes me cry... If I were an investor, during 2019 I haven't seen a single project that would give me profit...

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[Hellkas]

Crypto really gives all opportunities to control it like you want, but its price is very unstable, so I think that it isn`t the best way in today situation. Gold is more reliable and has more liquidity and stability than crypto. Buying crypto now is good way out only for real enthusiasts

[fuer44]

You are right, I think you already know the prediction of the impact of the corona on the global economy that made it possible for the crisis, especially for developing countries that still continue to depend on other more advanced countries. I think crypto is indeed the right choice for this problem, because of the financial freedom and investment that crypto offers to us.

[palle11]

Take your financial freedom in your own hands, Buy crypto today

If that global economic crisis happens, it means there will be scarcity of fiat and if banks restrict the access to fiat, it still means that altcoins won't be bought as such because you need fiat to convert to either bitcoin or etheruem to buy the altcoin. So we will still be at same level.

[Arcas]

I know financial crisis is coming today and we must hold and save our cash money, although without saving bitcoin and altcoin assets but we must cash out money from the bank for take moment some thing bad with bank at the next time when corona virus make many countries get economic crisis.

[Balladtony77]

Remember the financial crisis in 2008 when banks stopped customers from withdrawing funds? Then drip feeding tiny amounts to customers via ATMs. This is going to happen again, this time it will be worse.

Take your financial freedom in your own hands, Buy crypto today

The financial crisis of 2008 can't be compared to this present condition, Coronavirus or other virus outbreaks never happened in 2008, this present condition never happened before, it's just cool that Bitcoin is standing strong

[brightemo]

I dont think that we really need to withdraw cash right now. This only makes situation worse

[MWesterweele]

I dont think that we really need to withdraw cash right now. This only makes situation worse

I know financial crisis is coming today and we must hold and save our cash money, although without saving bitcoin and altcoin assets but we must cash out money from the bank for take moment some thing bad with bank at the next time when corona virus make many countries get economic crisis.

Right now we facing a crisis, so i think the best thing to do is to have patience and keep believing because we will get all through this bad happening in crypto. Also keep holding because it is the good way to do to lessen or avoid mistake and keep calm all the time dont panic because it can caise you to lose all.

[Valzador]

I dont think that we really need to withdraw cash right now. This only makes situation worse

do not panic, and if you make a withdrawal of money from cryptocurrency into fiat money then you will take a cut-loss action, I suggest you buy a dollar-based cryptocurrency to overcome potential losses if the cryptocurrency experiences a bear market

[Davian144]

I dont think that we really need to withdraw cash right now. This only makes situation worse

Why withdrawing cash now can make the situation worse? Is not withdrawing cash is a right for everyone and can be done at any time? because everyone has different needs in life and a different way of thinking too.

[ethereumhunter]

I dont think that we really need to withdraw cash right now. This only makes situation worse

If we don't have any money, I think people who have crypto will withdraw their coins so they will have money to buy something. Or they will search for another source to get that money. But if they still have money in their hand, they don't have to withdraw. It will depend on the situations of each people, and I think they will know how they should do related to the current conditionsns, and I am sure that they will figure it out.

[safem]

I believe everyone has the right to do whatever they like as to whether they want to continue investing in crypto or not.The fact that in 2008 there was financial crisis in banks does not mean such will repeat itself.I still believe that one still needs the service of these banks even as we continue to invest in crypto.So many of us still transact with these banks when it comes to changing our coins to fiat.All we need do is to balance up everything. Investing with our money is much more important than just keeping the money in bank but that does not mean that we can not still keep some of our money in bank. Hence, there is no need to speak less of banks.What we do with our money and how we invest with it is what is much crucial.

[gundala]

I dont think that we really need to withdraw cash right now. This only makes situation worse

Why not? everyone has different needs, right? Regardless of the panic or not, we are in an unstable economic situation, the global pandemic effect is quite alarming, so most people would choose to secure their finances for more priority living needs such as meeting basic needs and supporting health rather than investment. So do your best to be able to maintain a stable life and try which is more important first.

[mr_random]

Remember the financial crisis in 2008 when banks stopped customers from withdrawing funds? Then drip feeding tiny amounts to customers via ATMs. This is going to happen again, this time it will be worse.

Take your financial freedom in your own hands, Buy crypto today

Buy crypto and wait for the end of the financial crisis? Be realistic and never make a strong hand with spreading false information. From the investment perspective, it is nice to see the wise investors share their investment ideas with the new traders. In a financial meltdown, everyone rushes to sell the risky assets(BTC and altcoins) and they look for ways to get more cash in hand with gold.

[Malam90]

Remember the financial crisis in 2008 when banks stopped customers from withdrawing funds? Then drip feeding tiny amounts to customers via ATMs. This is going to happen again, this time it will be worse.

Take your financial freedom in your own hands, Buy crypto today

Crypto has given financial freedom to the users. They can easily send, receive and trade now without any intermediaries and it saves cost, time and journey but crypto is not stable. It has huge risks and the risk takers can gain from it or they can lose their money. So freedom gives profit or loss but traditional money system has stability and security of funds.

[DonFacundo]

I don't think it will happen again and it's really risky if people convert cryptocurrency because it can down the price again. Hope this situation will not worse, people should stay at home so it can not spread the virus.

[soramon]

Cryptocurrency is unstable it is high risk to all in on it. Also, i think it cant be collapse like 2008 only temporary. After this corona virus is gone everything will be normal. Im not sure when this corona virus end but i hope as soon as possible the virus gone.

[Eugenar]

First things first mate, where did you get that information? is that really a legit information? always add some source link whenever you post something like this or maybe its just your own opinion?

But anyway, the drip feeding tiny amounts of your money on your bank account if crisis happens would be a great help for everyone, but I don't think that it will be good for those persons who has the huge money on their account, it would be unfair to them.

[gaston castano]

I don't think the banks or the government will allow this to happen again.
they definitely expect it to happen again.
therefore, the choice of people who invest to avoid inflation is true, but people invest more in commodities or more secure; perhaps they create them in encryption, but only a small part.

[Kasabus]

I dont think that we really need to withdraw cash right now. This only makes situation worse

Why not? everyone has different needs, right? Regardless of the panic or not, we are in an unstable economic situation, the global pandemic effect is quite alarming, so most people would choose to secure their finances for more priority living needs such as meeting basic needs and supporting health rather than investment. So do your best to be able to maintain a stable life and try which is more important first.

It's very difficult today facing this pandemic corona virus without your money on hand to secure the basic necessities of your family. Crypto may be a good option as an investment but what people badly needed today is fiat to survive from this economic crisis while everyone here is experiencing lockdown.