The coronavirus has instilled real fear in the people and the great majority has turned bearish on a single dump.
While i do believe, the consequences are to be catastrophic on the longer term, i also think the reaction has been exaggerated on the short term.
Fears of the recession and the global economic collapse has spread thru the masses. People do not have
faith in the markets anymore.
To me, this seems like total capitulation. Everyone has sold. I think this is the time when the biggest junk, most worthless assets start pumping beyond your imagination. What do i have in mind? Things like pot stocks and cryptocurrencies.
Are there any other similar trashy assets? Let me know, i am interested to invest in.
While i do believe, the consequences are to be catastrophic on the longer term, i also think the reaction has been exaggerated on the short term.
Fears of the recession and the global economic collapse has spread thru the masses. People do not have
faith in the markets anymore.
To me, this seems like total capitulation. Everyone has sold. I think this is the time when the biggest junk, most worthless assets start pumping beyond your imagination. What do i have in mind? Things like pot stocks and cryptocurrencies.
Are there any other similar trashy assets? Let me know, i am interested to invest in.
