Today, the cryptocurrency market has fallen by more than 30%
Cryptocurrencies and blockchain is a very promising industry, but are extremely risky due to their infancy at present times.
Sell off of the riskiest assets can be a sign of further liquidations of risky assets.
Stocks might be next.
All the gains of the US Stock Market over 13 months were erased in just the last 23 days.
Our trading system might perform worse under these conditions of high volatility but will still show a positive dynamic.
Coronavirus is not so terrible in itself, but by the reaction, it has caused in the entire globalized world.
Panic, quarantines, prohibitions on mass gatherings, closing of borders and communication lines, cancellation of events…
All this can serve as a trigger for the world crisis.
Structural problems of the global financial system that were exposed in 2008 have only gotten worse.