Brace yourselfs , the economic earthquake is coming ...

[livingfree]

It seems that crypto market and the stocks didn't go along well this time. Money from the stocks just came into cryptocurrency. 

It seems to be like that as there's flowing money around crypto
right now and its really nice.

Nice as it is but I don't want to overjoy on this.

Does anyone noticed that the past months, stocks and crypto were always going along with the same side but this time it didn't.

There's a lots of pressures coming from the fears of stock traders due
to this pandemic, its really
being felt all around the stocks, while inside crypo where speculation
really taking place.

We saw that they seem to be stable a couple of months ago and it's just this time that we've seen they're on the red again after the oil goes to negative.

I'm starting to be scared once this pumping is done, money will come out to crypto and shall go to stocks.

Hahaha, better to ride carefully and take advantages of every opportunities
that comes your way,.

Yes, I might sell on this level.

[Reid]

Damn, it's bloody.

I had been thinking lately.
Are we in the cryptocurrency industry safe from all of this?
Options:
1. Are those who will pull out their stock investment and other commodities going to switch to crypto and will start a new pump?
2. Those who are invested in both being scared will pull out everything including the investment in cryptocurrencies?

Where is the safest before everything falls?
 

[ashmodeus]

Well , according to many speculan, tomorrow will be the final test for crypto , eventhough we see this week crypto seems moving foward leaving the stocks behind, its still not enough to say we on bullish moment right now,so get ready for the monday.

[Argoo]

Good that we had crypto 

I am not yet familiar with forex trading because I only trade in cryptocurrency exchanges. But it sad to say that most of the stocks in USA are experiencing the economic recession. However, in cryptocurrency almost all coins are fluctuating since yesterday. A big pump for bitcoin and ethereum. Maybe, it will continue to rise on the following months as a preparation for bull run 2021 or it will also follows what is happening to the stocks right now. This is the good thing that we all know the different kinds of trading, because we can adjust ourselves to the stocks or coins which good to buy.

To be honest, this scenario is unlikely. During the fall in markets during the pandemic, cryptocurrency followed. I would not hope that the current growth will continue despite the fall of the classic markets.
Rather, on the contrary, everyone will wait for a bull run and rejoice that the cryptocurrency is holding up well, and then everything will collapse again. The same scenario every time.

The fall in the price of cryptocurrency was only in the initial period of the appearance of the coronavirus, when people urgently needed money to prepare for the upcoming quarantine restrictions. In the future, the price of the cryptocurrency grew constantly until it recovered almost at the same level.
The collapse of the world economy will lead to a global economic crisis and large inflation of conventional currencies. Under these conditions, a decentralized cryptocurrency should show itself as a currency that is not subject to normal inflation. On the contrary, people will invest in cryptocurrency to save their money from inflation.
In this regard, the economic crisis can become a powerful impetus for the rise of the cryptocurrency market.

[AniviaBtc]

I wish people will realize that crypto is always here to save them.

It's just good to see that a crypto once criticize but we smash them in the face as in times of crisis, crypto is stable and we stand out.

Long live crypto but I'm hoping the economy will recover.

How can we achieve that thing? People are not even knowledgeable about bitcoin and the market. Especially in this time of crisis that they need something where they can secure their money and earn profits. Cryptocurrency is stable right now, but we should not settle with that because they are volatile and changes can occur. Some countries do not still engage with the use of crypto even if it has a potential to lessen the suffering of most of the economy. But what can we do if they don't see the importance and benefits of bitcoin, as long as we are believing on crypto, we should also don't stop on spreading positivity towards cryptocurrency and economy.

[Tahsin Kabir Kollol]

The outbreak of the coronavirus has slowed economic growth around the world and many businesses are already on the brink of collapse. Meanwhile, trade wars between different countries have created a new economic crisis. Many developing countries, including these countries, are suffering commercially as a result of trade wars, especially between developed countries. As a result, the economies of these countries are being severely damaged. Conflicts over the supremacy of political and developed countries are hurting most of the economic and productive enterprises, and the share prices of companies in these countries are falling sharply. If this situation continues, there will soon be an economic recession all over the world and the world economy will collapse as a result of economic collapse. Therefore, it can be said that if the current situation prevails, after the coronavirus the next world will see an economic earthquake.

[apaben]

Well , according to many speculan, tomorrow will be the final test for crypto , eventhough we see this week crypto seems moving foward leaving the stocks behind, its still not enough to say we on bullish moment right now,so get ready for the monday.

today bitcoin happened to reach 10,000 $ to my knowledge if the stock currency goes down. altcoin prices went up and now this is happening only to my knowledge. I have understood the comparison of the forex market and the crypto market some time ago like this. I think bitcoin will go up again because the forex market has gone down very sharply. after starting bitcoin started going up to reach high again

[abhiseshakana]

The outbreak of the coronavirus has slowed economic growth around the world and many businesses are already on the brink of collapse. Meanwhile, trade wars between different countries have created a new economic crisis. Many developing countries, including these countries, are suffering commercially as a result of trade wars, especially between developed countries. As a result, the economies of these countries are being severely damaged. Conflicts over the supremacy of political and developed countries are hurting most of the economic and productive enterprises, and the share prices of companies in these countries are falling sharply. If this situation continues, there will soon be an economic recession all over the world and the world economy will collapse as a result of economic collapse. Therefore, it can be said that if the current situation prevails, after the coronavirus the next world will see an economic earthquake.

Now the world has entered a recession because the growth of the real economic sector has declined, if this continues until the end of the year then the next phase we will face economic depression. Even if the economy is driven as it is now, the recovery process will not be possible in the form of V but will be in the form of L because the production capacity has not yet run fully due to the cessation of production.

Pandemic, fiscal and monetary stimulus, budget deficit, demand reduction, production decline, economic recession, foreign debt, default, depression are the possible flow of economic phenomena that occur In the current pandemic conditions. Pandemic creates an opportunity for each country to carry out anti-mainstream policies, namely TINA (There is No Alternative) for the survival of a nation and fend off the national threat.

[chip1994]

Nobody wants that to happen, but when the epidemic goes on and on, the economy will soon collapse. we must have a plan to foresee such events to survive the day. Best we should not hold any financial assets now, Cash is king now. Sometimes holding cash can now help us invest a lot of coins or cheap stock symbols in the coming months. Please be patient, an economic crisis will occur, it is only a matter of time.

[slapper]

Honestly, those stastictics do not tell us anything. They are just small change in a couple of days. Moreover, right now, the stock market is closing. Most of the news in recent days are negative. We cant expect everything to be green at the moment. In the past month, i have witnessed all stocks went up in more than a week.

At least the crypyo market is currently in a uptrend. Many coins gain the momentum from whales and investors. Bitcoin might hit $13000 in the next couples of month

Stay chill bro. I do believe that we have already won the lastest crisis. The next crisis will occur in at least 10 years later. Right now is our time to focus again on our jobs and desires. So many opportunities for us after this pandemic. Soon we will have the vaccine and then, human will succesfully contain the virus

[tvplus006]

Actually there will be a retrace that will happen so we should be prepare. Most of the indices especially in the U.S. are keep making all time high like NASDQ but it seems that it reached its peak and there will be pullback that will happen. If there will be a massive pullback, expect that there will be also effect not only in the local markets but also in cryptocurrency market because it will create fear among investors where they want cash rather than position in the market.

Support for the stock market will continue for another 3 months, before the start of the elections in America. Trump will pump the market with new trillions of dollars so that the market does not collapse before this moment, as we saw in March. After the election, the market will not be artificially supported.

[jostorres]

Nobody wants that to happen, but when the epidemic goes on and on, the economy will soon collapse. we must have a plan to foresee such events to survive the day. Best we should not hold any financial assets now, Cash is king now. Sometimes holding cash can now help us invest a lot of coins or cheap stock symbols in the coming months. Please be patient, an economic crisis will occur, it is only a matter of time.

I agree unless a vaccine is soon tested and approved globally there might be a horrendous economic collapse that might see a war between neighboring countries to satisfy their needs. There might be dire times ahead unless something is done to fight the corona-virus that is just not going to stop by forcing shutdowns and lockdowns without any prior planning.

I don't like to see wars but let's be honest and understand that whenever crisis occurs there are war that tend to happen because a nation that has the power to ruin a neighboring nation they will just do it to gather all required resources.

[MCobian]

Damn it stocks market is bloody hell, fortunately I chose cryptocurrency for investment. If things continue like this,
the possibility of stock market investors will start to move their assets into cryptocurrency. If that's the case,
The cryptocurrency market will have a high pump. We will continue to monitor the market for the next few days.

[n0ne]

Well , according to many speculan, tomorrow will be the final test for crypto , eventhough we see this week crypto seems moving foward leaving the stocks behind, its still not enough to say we on bullish moment right now,so get ready for the monday.

Crypto market can't be compared with the stocks, it can't be predicted same as that of the stocks. In unexpected time there will be tremendous growth as well as unpredictable price crash happens. This is all because of its speculative nature, the market changes were manipulated based on the requirement by whales with large volume reserve holding. We've been seeing the price grow gradually without any external force acting over it. This assure there is no economic earth quake to happen now.

[iv4n]

Damn it stocks market is bloody hell, fortunately I chose cryptocurrency for investment. If things continue like this,
the possibility of stock market investors will start to move their assets into cryptocurrency. If that's the case,
The cryptocurrency market will have a high pump. We will continue to monitor the market for the next few days.

.

This crypto prices we have are people, next big rise will be when big companies start moving money into crypto, and that will happen. Better security, easier to use, crypto have many advantages over traditional system and it's why crypto is the future.
We will continue to monitor and take part in crypto market for next decades, not just next few you days, i believe that many people here (including myself) are here to stay, for good.

[shoreno]

Damn it stocks market is bloody hell, fortunately I chose cryptocurrency for investment. If things continue like this,
the possibility of stock market investors will start to move their assets into cryptocurrency. If that's the case,
The cryptocurrency market will have a high pump. We will continue to monitor the market for the next few days.

oh man good for you because you dont end up on stocks / forex because if you did you are already suffering at a big losses now  . crypto do dips too but not as bloody as what i saw on the pic on the first post .  on the post , good stocks are included on the dip but on crypto , good coins wont likely be included on the dip if there will be mass dip that will happen . as we notice crypto is pumping lately so it could be true that stocks investors are now on here ? this is good

[Ridwan Fauzi]

Please be patient, an economic crisis will occur, it is only a matter of time.

That's all already happen, you can see how many people who doesn't have a job today? unemployment rates in each country (especially those most affected by coronavirus) are increasing every day, what that's mean? And it may need a long time to recover the economic situation, we just need to minimize all our need and save our money in the right place.

[carlisle1]

https://www.youtube.com/watch?v=zXt56MB-3vc

Red Red wine ... i just hope it will not be like 1929,or worse...as i got family also ...

i understand your concern mate beause this is a very serious matter if come to happen,but remember this is why we must be proud of having crypto currencies.

Maybe it's hard to maintain for spiking to confront the incoming economic crisis, however, I believe that it is a part of our life in crypto to convince people to be strong, eventually, it would be grateful if we hold on together with or without enough profit. I think we will really go through this situation, but in a practical way, we need to build up to overcome this economic earthquake.

maybe you did not  watch the video?because OP is talking about stocks and not crypto trading here,better before conducting a reaction better read the whole post first
because it is obvious that you are aiming for post count and nothing more.

Damn it stocks market is bloody hell, fortunately I chose cryptocurrency for investment.

That's it we are lucky being crypto investors,many are making laugh on us but lets see what is their reaction when this things comes  to be in real scene.i'm sure many will regret their decision regarding this.

[glowing10]

Please be patient, an economic crisis will occur, it is only a matter of time.

That's all already happen, you can see how many people who doesn't have a job today? unemployment rates in each country (especially those most affected by coronavirus) are increasing every day, what that's mean? And it may need a long time to recover the economic situation, we just need to minimize all our need and save our money in the right place.

The economic impact of covid is really hitting hard to all countries. Business are shut, some are closing as it not viable to run anymore, some of the companies are laying off the employees, some are reducing salary. So, all this will eventually lead to the less demand in the market of everything and slowly the impact would be seeing in coming time which would be huge than even estimation.

[bitgolden]

Everyone is pointing out this "September crisis" online nowadays, anyone know why specifically September? For some reason people are saying that we did have a bad situation in economy due to pandemic and that was bad but it recovered so fastly that it is actually not recovered but just made it look like it recovered and in September the "real" trouble will be shown and everything will be horrible.

Anyone knows why is that? Or even how is that? I want to believe because I do agree that we had one of the worst things in the world happen during this pandemic and all the world stopped and economy should have been a lot worse than 2008 yet for some reason it is not as bad as that, it is not even that bad, it looks on paper that it is quite good and recovered but in reality there are tens of millions of unemployed people.