One good thing that came out of the Coronavirus panic

[Bohol]

The crypto market is tanking for those that missed 2017 & December 2018 shopping spree.

 

[Madd]

Can you provide any help suggestion for me to learn more about cryptocurrency. I Honest to god think the coronavirus can be greatly benefit anyone financial if one knows what they are doing. I am currently looking at stocks and cryptocurrency and considering which would the better option for me to invest in. I know not much about it so do you have any sources for this. I would be greatly appreciated for it walaal.

 

[repo]

Why is it a good thing that it is tanking?

 

[Madd]

Why is it a good thing that it is tanking?

simple the prices drops. You buy wait for it to rise again and then you sell. MAking yourself a pretty penny walaal.

 

[repo]

simple the prices drops. You buy wait for it to rise again and then you sell. MAking yourself a pretty penny walaal.

Shouldn't crypto be going up when the stock market tanks?

 

[Madd]

Shouldn't crypto be going up when the stock market tanks?

mass hysteria. People are selling because they all have the same fears. Whenever events such as coronavirus or brexit or a potentially war or what not might occurs it has the tendacy to terrifies people. They immediately sell which affects the prices of stocks and then it eventually starts dropping. People are selling the crypto and stocks as an result because they both have the same fears. In this cases it is coronavirus.

P.s I am not a expert but that is what i thin is happening but guys like @Apollo and @Bohol can be able to clarify it better for you.

 

[Basra]

I have written my will, thats the good thing about Corona Virus

 

[Madd]

I have written my will, thats the good thing about Corona Virus

ya allah, the irrationality of eedos.

 

[haramcadd]

Lol I bought several ethereum exactly the day before it went from 243-183. Made a small profit and left. I wonder why we’re not allowed to short the market