Opportunities are not here for all. They are here for people who have been readily to take it. Challenges always come together with opportunities. Over the human civilization, globally, there are many tycoons took advantages and opportunities from crises and built up their corporations.

The Covid-19, has already brought opportunities to companies which produce infectant gels, face masks and respiratory equipments. Currently, there are many orders over the world to Chinese companies for such products. They will get good income from the pandemic and some of them will become big companies, with good reputation.

 When people are risk adverse, there will be a general contraction towards cash and towards bonds.  Certainty and defined payouts over equity involvement or any projected but unset revenue.   That will apply to crypto because we've progressed so far in usage that at least part of the monetary base for BTC or other major blockchains is related to wider monetary standards and global reserve currencies, expansion or contraction in that money according to fractional reserve will affect us.
   When main markets sell off over days or in this case weeks expect some hot money to depart as those obligated to leveraged positions have no choice but to sell both good and bad positions to get their account level.    Gold took many big knocks to its base despite being a reserve asset and continued strong buying demand and so will every asset, any price be uneven to some extent in that surge of market volume.
   I've had a portfolio setup to track news on Yahoo since at least the last big scare of '08 and their portal has always been a good overview on market mood, I'll give it a read.

Volatility is a bull market, I believe there is more ahead because we have departed from hard money standards so greatly during my lifetime; to quote Ben S. Bernanke 'Maybe this is one of those cases where you can’t go home again,'    I.e. QE cannot be reversed or normalised & we are transitioning away from the post war currency standards into something else, I dont believe it will all be crypto but some of it will and thats a large part of why this sector is expanding imo.

Just wondering...  If everybody is risk adverse and holding cash due to the break down of the price and the outbreak, wouldn't a lot of people in the space hold USDT too?  I think FJ should start accepting USDT deposits (all three issued in Omni, Tron and the Ethereum).

USDT does make sense if it wasn't tether behind it. I am not against the idea of a stablecoin, they are actually quite good and right now USDT is the big one that everyone uses and there is an increasing demand for it, they literally just printed 120 million dollars worth of USDT recently just to cover the demand and they can literally print as much as they want as long as it gets bought there is no trouble for them. They can literally print 10 billion dollars and sell to market and as long as people are willing to buy it there is no problem.

A power like that should not belong to a company like tether or bitfinex that constantly gets sued by governments and even has to work with a bahamian bank to avoid regulations and simply steal your money. So, concept of stablecoin is cool, USDT is not.

It's really okay to shamelessly plug yourself on your own thread @FJ;) Markets have long been irrational, and it's only recently that traditional economics are beginning to accept that fact (judging quite roughtly on a few of the past recent Nobel Prize for Economics). And it's not like derivatives haven't recognised that from ages ago;)

Still not putting any money down on anything out of the blue yet guys. Can you believe I've not bet on sports for almost a week now?

No , the wager has to be done at some specific slot games ,  there are a few new ones , around 5 new slot games , and only the wager there counts.

@Buwaytrees I think it is time we get you to join the esports revolution mate, a lot of us have been moving towards gambling on esports and honestly it may be as talent required as regular sports as well. A lot of regular sports people are actually quite talentless compared to these esports people, consider the third league bench player that gets paid, there is nothing like that in esports, there is already not all that many awesome teams and all those teams hire only the best of the players so there is usually a very very top heavy talent pool.

It does create some awesomeness to watch them, plus there are so many young kids growing up to be esports players every single year and you see the improvement of talent is unlike anywhere else, new ones always gets better than the older ones, games are at a way different level than 10 years ago talentwise.

FJ!  Here's another what could be a fun game you guys could add with all the quarantines and the lockdowns:  https://www.fantasycongress.com

Fantasy Congress.  Lolol.  I guess now is the best time to watch those guys a wee bit closely imo...