Stock markets crashing?
(Edited)
S&P 500 has lost its entire month of gains in the space of a few days.
While Bitcoin on the other hand has had a very promising few days with some very natural looking growth.
Do I think there is a correlation?
Sure feels that way.
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Its all because of the Corona virus.
At least that is what i feel we will hear the pundits saying soon.
Interesting. Looking online that does seem to be the case. Nothing like a good old distraction from the truth.
because of the corona virus indeed..big impact on more than we realize!
Feels like we are on the cusp of some interesting times!
This virus news is masking the Other News, the economy is slowing, China's economy is shutting down, missiles flying at US Embassy's, oil prices dropping, oil stocks and shale related company bankruptcies to follow.............Grab a mask and goggles my friends.
Posted via Steemleo
All makes sense. Thanks for the explanation.
I guess that's why they say diversify
You know it! Though from my perspective that means avoid stocks altogether and diversify the crypto ;)
Wow! Glad I saw your post! Time to watch some Gregory Mannarino on Youtube! lol
Hadn't heard to Mannarino till now! Thanks for the pointer ;)