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RESULTS

Global Carnage
There is uncertainty in the markets in recent times as the ongoing pandemic of COVID-19 shows no signs of slowing.

We have witnessed wild volatility in past weeks across all assets with Billions of Dollars in valuation being wiped from Global markets.

The great crash began on Monday 9th March 2020 with Indexes around the world plummeting. The DOW Jones fell over 2,013.76 points – down 7.79% to 23,851.02. This was the biggest single point-drop day in the history of US markets. The 9th of March was, for this reason, coined Black Monday.

The severe drop was brought on by global fears about the spread of Coronavirus as investors look to liquidate their assets for cash, coupled with drops in oil prices and a looming recession.

The pandemic has seen unprecedented measures as Governments all over the world implement lockdown rules, silencing once-bustling towns and cities.

Market Opportunity
In the midst of the global crisis, many may not see it, but there is great opportunity to profit in these dark times. All you need is an internet connection and a little know-how.

As asset classes across the board continue to decline, it has never been a better time to get involved in markets. As the bears come out in full force, there seems to be no shortage of opportunity to short stocks.

How long this Bearish market will continue remains to be seen.

Long and short over 200 tradeable assets including Forex, Cryptocurrencies, Stocks and much more at Award-Winning Broker https://www.cryptorocket.com/

Volatility Strategy
On a daily basis, we are seeing wild volatility in the market place. The Stock market did tank but there are short periods of recovery each day. The US president this week announced plans of a 2 Trillion Dollar cash injection into the US economy to help those most affected by the closure of businesses all over the US. The UK has adopted a similar strategy with the Prime Minister promising to pay employees 80% of their salary, alleviating pressure on businesses’ shoulders.

By deploying scalping as a chosen trade strategy, traders can make quick profits on rapid market movements. The idea of scalping is to open a position in a market and get out quickly with the aim of making a profit. This a favoured strategy of many day traders.

Going short on Stocks only a few weeks ago would have made many traders a pretty penny to say the least! 4 members of Congress landed themselves in hot water after it came to light that they sold millions of dollars of stock just before Black Monday.

Further Opportunity
Bitcoin amongst other Cryptocurrencies are acting as a safe haven for investors in recent weeks. BTC price was relatively stable, floating around the $9k mark in February and going into March. There was a dip last week with lows of $4k but we have seen a resurgence since. BTC price has steadied and is priced at $6,635.37 at the time of writing.

The volatility of Bitcoin also provides an ideal environment to trade Bitcoin. Rapid market movements create an ideal habitat for scalpers looking to profit whether that be submitting buy trades on upward market movements or going short when the market struggles.

XAU
Gold has also been a safe haven for traders in recent days. In times of war, crisis, Gold more often than not performs strongly.

Spot Gold was up 0.1% to $1,637.80 per ounce and silver rose 0.3% to $17.22 per ounce.

Uncertainty
In these uncertain times, it remains to see how quickly currencies will recover with the ongoing pandemic. Social distancing rules have been put in place in nations all over the planet in a bid to stop the spread of Coronavirus.

With limitations on human contact encouraged, this could spell good news for Bitcoin investors. Blockchain technology facilitates peer to peer payments without the need for paper cash, removing any potential spread of the virus on notes and coins. Could we see a dramatic spike in Cryptocurrencies due to COVID-19?

At https://www.cryptorocket.com/ you can store your tradeable funds in Bitcoin or Fiat. If you foresee a BTC price rise, store in your BTC vault and watch your trading balance appreciate. Just as you can store funds in USD to protect your investment when BTC price falls.

Capitalise on bear markets and start trading with leverage today at https://www.cryptorocket.com/

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