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    Thread: Coronavirus is Bitcoin's Black Swan.

    1. 02-03-2020, 10:09 PM #1 Collapse post
      MasterFx
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      Coronavirus is Bitcoin's Black Swan.

      We all know that the term "Black Swan" in the financial market refers to events that are totally unpredictable, but have a high impact on the financial universe. That said, can we say that the new Coronavirus is the black swan of BTC?

      Since it is an unforeseen event, and such an event has gone out of control in China, and has caused the Asian stock exchanges to open downwards this Monday, February 3rd, can we state this, and BTC is being affected?

      Well, to my mind whenever something happens in the market, an impacting event that weakens certain currencies, investors run to safe haven assets, what they can invest without leaving the capital standing. But we can say that BTC with its high volatility can be a safe haven asset?

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.

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