Fear of recession is here!
What that means for us as investors and traders?
Recession fears decrease demand for new products which
leads to less production.
This includes many asset types from #OIL related products to
tech #AAPL and travel industry #RCL
With all the troubles going around the world, especially
energy shortages in Europe due to Russia and Ukraine wars, the only solution to
bring OIL prices down is a recession.
What should traders do?
They should take advantage of the current market situation
by opening short positions. A trader should be aware of money management and
risks though!
What should we do as investors?
We should be patient and wait until we find another low point to add new stocks and cryptos.
#BTC
#XLM
Stay safe!
By Nina
