All world markets are tanking.
Oil price is tanking.
On top of that cryptocurrencies, particularly Bitcoin is losing its value. BTC is dropped by over 20% in last few hours.
Steem is invariably setting a record lose of over 33% in last few hours!
Gold is the only investment that doesn't seem to lose its value.
What to do? Invest in cryptos? Or go for Gold?
I personally had exchanged over 1000 steems onto Fiat on yesterday, on which I had made a profit. Looking at this market, Now I am in a position to buy well above 1500 steems for the steems I sold the other day.
Still I haven't figured out what to do with the Fiat I have!
It's the stock market crash triggered by corona. I recommend USD for the time being.
USD seems stable. Gold is increasing its value every day.
Gold crashed, too.