@MarcDeMesel
edited
more from that month
Corona Virus Preparation: Selling Stocks & Crypto - Building Cash
Corona virus outbreak starting to worry me. Chinese gov seems to be hiding true scale of infection as the measures they take, closing down whole cities, seem not congruent with the rather low reported amount of infected and deaths that would be still below 1000. However, even these numbers clearly show an exponential rise of cases the past 2 weeks. It's very concerning that the incubation period can be 2 weeks before you get sick and in meantime you can spread it, and quite easily just like a couch, fever or flu it transmits through the air and even on objects virus stays alive couple of days. The sickness however is much more severe as a flu, attacking your lungs and causing one to have too little air. Old and young are most vulnerable, but at death rate of 3%, even people in their prime are at risk. Since there are already 25 countries with confirmed cases this might become global pandemic which would impact all markets. Sold some #Tesla to pay off the small margin loan & leverage I still had, bringing down my #Cash position from -10% to 0% and bringing down my $TSLA exposure from 60% to 50%. https://www.youtube.com/results?search_query=%23Tesla https://www.youtube.com/results?search_query=%23Cash #Crypto, the other 50% of my portfolio, considering cutting back my 15% $BCH and 30% $ETH exposure to only 30% total exposure (selling 33% of each), as cryptocurency is certainly no safe harbour asset yet but perceived as one of the riskiest investments by most, sold likely as the first, before stock indexes, bonds or real estate. https://www.youtube.com/results?search_query=%23Crypto This black swan event justifies breaking my golden rule to never sell crypto in early bull market because this threat tilts crypto case short term very bearish considering all the red flags already present in the market such as: - NVT ratio again in red territory (amount of transactions vs value network), - Testing bottom at $125B still probable when extrapolating past growth even without a global crises, - Amount of transactions not even going up yet in leaders like $BTC & $ETH, which will keep value investors away, - Sentiment again greedy after doubling in 1 month. Fiat rarely a good investment, except when rare serious crisis hits, therefore aiming to build a 20% USD cash position. Be Safe. Also made video on it: https://www.youtube.com/watch?v=rLeVesOUv7w&t=626s Links Great video's on #Coronavirus current situation: https://youtube.com/watch?v=nkF4qYdNU9Y&t https://www.youtube.com/watch?v=2k-2FNy_VDQ Stats #CoronaOutbreak https://worldometers.info/coronavirus/ https://twitter.com/MarcDeMesel/status/1226425843863388166 Sentiment Crypto: https://alternative.me/crypto/fear-and-greed-index/ Fundamentals Crypto: Dave goes to essence of value #cryptocurrencies can offer & what he likes to see before #investing (ie: exp increase transactions, which he can't see yet ...): https://youtu.be/osjYa4h0xRM https://twitter.com/MarcDeMesel/status/1226145354388852739
94 comments
Corona virus situation has been a great blow for all, it has generated many reactions, not only in the world of cryptos, but also in society, nowadays it is so evident that there is much information that they are hiding from us and I am not surprised. This kind of campaign to keep the entire international community with the thought that they have everything under control and that nothing serious has happened, is simply measure used by Socialist/Communist governments to prevent other countries from achieving not only found the origin of all this, but also that they could discover many more things, these kinds of measures have been applied for a long time, so we could say that this situation could be the Chernobyl of this year. Let's hope this can be controlled in the shortest possible time and everything can return to normal, including markets.
The Corona Virus is and will continue to kill and put the Chinese people and the world in alert, the government is shutting essential business in the "name" of contention but they clearly hidding something major here, I remember to rode something about the doctor who first discovered and alerted the authorities that the "the new pandemic virus was a highly dangerous combination of deadly virus" the Government ignored that, and now we a seeing a complete chaos in China, and, of course people affraid to lose their assets a closing their positions retiring their savings, and that is shaking the world, as China now is the second most powerful economy but for me the Authorities in the beginning, didn't do much to contain the infection, they are people suffering, without food, water and other things to fight back the pandemic deadly virus, now we can just support the people In China, praying for them and hope that it don't reach our borders!!
There is a very important article about the coronavirus and let me translate it to English as it is in Spanish: Chinese nurse from a Wuhan hospital reveals the "truth" of the coronavirus: A video leaked on social networks recorded by a Chinese nurse, who is in the quarantine area in Wuhan, is leaving everyone white, the nurse who is working in zone 0 of the coronavirus infection explains what is happening Really in the country. The numbers of infected people would be more than 90,000 and therefore there would be many more deaths, according to the nurse, each infected spread on average to 14 other people, which could become a true pandemic. https://diariodeavisos.elespanol.com/canariasenred/enfermera-china-graba-un-mensaje-desde-la-zona-de-cuarentena-en-wuhan/ This video is important since it was a video recorded directly by a nurse who is in zone 0, where the epidemic began! In the video he tells the truth that happens in the city of wuham. https://www.facebook.com/BadabunOficial/videos/625456384868700/
I think this korona virus is not really dangerous. What makes it dangerous, is the hysteria and panic around it. The human idiocy is the real enemy.
Let us ask ourselves the following question, what would have happened if the coronavirus had arisen in a poor country?
You make big moves, my man. Thanks for the update (considerable change to what you said in the last video (paraphrased: "why sell crypto to fiat at this time?!?"). Not hat I follow anyones advice, btw, but I like to hear everyones perspectives. BTW: I keep a 5-10% fiat insurance around at all times... black swans can show up faster than I'm able to act. on corona virus: not to suggest it was engineered or fabricated or anything. But wouldn't a global pandemic be a great scapegoat to hide the true fundamental structural reasons for the next financial crisis? "noone could've seen that one coming, so it's noone's fault really, especially not ours... we saved you!"
@MarcDeMesel It is certainly something that has shook the world, being very lightly taken by some, while others together with the horror industry paint it as the end, I have always thought that behind all these things there are hidden goals, one of those destabilize the markets. Just we should wait to know what will be the near future of this situation, let's hope that everything will be solved as quickly as possible and with the least number of losses possible
I just hope that everything can be solved in the shortest possible time, this affects everyone and it is really scary not knowing what awaits us, especially in my case that I live in a country where the medical system is not at all good and if a case would appear, you wouldn't know what the chain reaction on everyone's part of, including in the economic realm, would look like.
Short all the bio stocks claiming to be developing a vaccine once the momentum begins to fade. This will all blow over far before a vaccine makes it through the FDA’s framework, even with accelerated approval and NIH handholding.Expect the market to go even lower at least til China states they got it under control. Buy something you thought were overvalued. As for biotech, I don't think they even developed an effective SARs vaccine from 2003 yet. SARs became dormant now we got a similar virus.
Can't wait to see if you make an update to this video. Just checked out your YouTube. Great stuff
Yes indeed, beautiful and well structured work.
Do you think it would be wise to keep on collecting the little bits of crypto or do you think it's a waste of time? I can tell you that Vietnam is going back to normal now, you can check my post, but I'm not sure how crypto will be affected. Any thoughts?
"Your article is educative and motivating. You've shown me how to quickly change investment decisions in response to emergencies". Thank you.
Very educative! The mostimportant thing is 2weeks incubation period! If we can be safe during this time! Then we can expect the good!
Motivating and educative article. Thanks for this post. I came to know a lot.
I dont know, This Corona virus Pandemic is a true conspiracy or not. The origin of Novel Corona virus is still not clear. But as i think, If China wanted to stop the spreading they could control it strictly from the beginning. You can see the link below given by Donald Trump Jr. https://www.facebook.com/DonaldJTrumpJr/videos/2600762886912682/ According to this video my thought has changed a little. Though after this pandemic, the world will go through a series financial crisis. Dont know what else waiting for us. Btw, i saw your youtube video. It wad quite illuminative.
We dont know what the ultimate consequences waiting at the end,when everything will be normal again.Now lock downed for 2.3 months. Situation getting worsen day by day
China government should not avoid the responsibility FOR spreading this disease, for the sake of argument if we agree they did not do this But i think they must know where the origin of the virus. In other city except Uhan, the rate of covid 19 affected people is surprisingly very low in China. They could make aware other country since November but they did not do this. So some doubt always remains.
There is a very important article about the coronavirus and let me translate it to English as it is in Spanish: Chinese nurse from a Wuhan hospital reveals the "truth" of the coronavirus: A video leaked on social networks recorded by a Chinese nurse, who is in the quarantine area in Wuhan, is leaving everyone white, the nurse who is working in zone 0 of the coronavirus infection explains what is happening Really in the country.
Hi Marc, we are selling our photos for BCH to help support our parents. You might be interested in buying some, here is the link https://read.cash/@sjbuendia/buy-for-a-cause-part-2-31d56fdc Thank you in advance Marc ❤️ anything would be a big help.
Yeah thats right Marc, this pandemic bring us too much burden. People don't know where to go all are down economy, job, Malls, and even crypto also has no excused. We just hope and Pray it will end soon, so that we can go back to our normal lifestyle. Even if they say we should adapt the new normal, but there is no such happiness than to go back to what we did before. Hope and pray it will be okay again.
Hey!, Great content, very very interesant the information that you share on this site :), i like to invite you to follow me and show my post's i hope that you continue sharing content soon, take a gread good day :), Greatings from Venezuela friend
Hello sir,i submitted your article to some of the communities i joined. your article educates and motivated me. and i think this might educate to some other readers too...thank you😊
@MarcDeMesel thank you so much marc for supporting @Read.Cash $ 36,134.73 wow man amazing 🙏🙏 🥰
I am a fan of your videos! Love the explanation that you make.Thank you
I hope this man will help us to. I was inspired of your works and also the pledge you down in read cash.
Wow this article has a nice and informative. I've got a lot of information about building cash. How I wish you could help me by getting you as my sponsor. I'm always wanted to read your articles to learn more. Thank you so much for this 😇 God bless you.
@MarcDeMesel i have been observing the great work you have been doing for us at read.cash. i would like you to go through some of my posts sir. It'll be highly appreciated. thank you so much sir
@MarcDeMesel Bedankt Marc voor de hulp die je aanbied op het read.cash platform. De crisis en enkele diefstallen hebben me (hier) met de grond gelijk gemaakt. Als je wat investeer tips hebt voor mij zal ik je zeer dankbaar zijn. Zen der hie nog Belgen feitelijk? Groetjes van ne verloren Belg in Athene, Griekenland.
Do you think this virus can ever be wiped away from Earth? This is why we always tell the younger ones to invest in cryptocurrencies, indeed this your article is amazing i must say
Thanks for this information sir. Every country is badly affected now like our fellow countrymen here in the Philippines. My wife and I recently got scammed from an online trading ang he is an American. I hope experts will discover vaccine now.
A real business are always ready in any cases how lucky. Well I am not a business women but this pandemic hit my family life so hard. We weren't able to be ready for it. I lost my work too 😭. But it's okay when everything is okay. I'll fine a new work. All the best to everyone . Much Love ❤️♥️❤️
@MarcDeMesel you are such a great and inspirational leader and mentor. I followed your "preparation for Covid-19 strategy by selling off some stocks and Cryptos to build cash which I am now diversifying again". I am following you on twitter as @adujelewu to gain more insight into the world of investments and wealth building. Thanks a lot for always being there for us.
hi sir MarcDeMesel, happy day. I already followed you here and I already subscribed to your channel on YouTube too, And I hope to read more of your articles. I just wanted to share with you this article that I did for your attention and hope you comment because you are a great example of a mentor. please read this, https://read.cash/@Sarahmay/why-most-time-management-tools-dont-work-7692c933
Thank you so much for being one of the donors in this site. I appreciate that my written articles are read by others and at the same time, I am being paid. However, I hope to have more and you notice me so I can apply as one of your virtual assistants.
This pandemic really affects our markets and our economic situation. We will not be financially stable anymore unless we save and invest. Not all people are privileged to save and invest either, we are badly affected by this virus and we can't tell if when will it end. In our country, the statistics of this pandemic makes us insane, and as I observe, people are investing in business to survive. Big demands of products makes it more expensive and everyone is taking part in the business industry and I think it's a good thing to boost the loss of what this pandemic did. I'm thinking if this platform would grow bigger, people would be really much interested especially this tough times that money can't be earned easily.
That's why it's called a pandemic, it cripples a lot.
Let's hope that sooner we will beat this pandemic and we can go back to the life we used to be
Everything really has been affected by this pandemic. I just hope that there will be more people who are as generous like you. I also hope you notice me and get sponsorship. Thank you so much ❤️
Well-written article. The little I can do. Thanks
🙏 please can you be my sponsor? I'm very grateful if you will be my sponsor . Actually I am new here and I want you to help me by encouraging me to write more. Please help.🙏 God will richly bless you.
Hi @MarcDeMesel Will you be my Sponsor??☺️
We’re in a time of massive upheaval. There are so many things outside of our control, including how long the pandemic lasts, how other people behave, and what’s going to happen in our communities. That’s a tough thing to accept, and so many of us respond by endlessly searching the Internet for answers and thinking over all the different scenarios that might happen😩 Im so tired of this pandemic... But i am hoping we can all survive😇 let's us pray for the whole world👼👼👼👼
Hello sir marcdemesel please sponsor my article i need a help sir please sir☹️😔
Where will be the ending of this pandemic it is not known to anyone...Many peoples r becoming jobless in 3rd world country for this corona situation as the economic condition has turn down.Thus poverty is rising day by day .Moreover , now all the educational institutions are closed in 3rd world countries, it is becoming a great trouble for the students too in future.😑😑 Vaccine will be the final solution for this corona situation..But still research is running...Just feeling tired of this situation😒...May the situation of whole world get well soon ..
i really want to know on how to invest in crypto for good.....
This pandemic us getting worst in our country. It's getting worst because there are people who didn't obey the rules. Parent in our location let their kids to go outside & play. Hope this pandemic will end soonest.
I really admire your initiative sir and how you perceive things especially during this trying times which greatly affects not just the fiat economy but also also cryptocurrencies. I actually made a simple token in my own little way just to say how thankful I am to learn about you. You're one of my role model when it comes to this aspect. I hope you'll check this out sir: https://read.cash/@Baij/portrait-for-my-idol-i-hope-hell-notice-this-cde77569
This pandemic took away many lifes.But still people in our country are not conscious about it.
I hope I one of the lucky person got your tips thank you so much.
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