Oil (OIL/USD) Urgent to consider: the future price of oil will be less than $ 1 Cent
Today the price falls from $ 18 dollars to $ 1 cent
Let's see
The price falls but there is no purchase volume so we are seeing these prices
Oil is a difficult commodity to store due to its volume and weight. The storage price is higher than the current price of oil that makes the price drop more
This value could affect those countries that mainly export oil
And it could affect your imports, causing the global recession to lengthen over time.
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The alcoins market is very dependent on the price of Bitcoin, when Bitcoins goes up the alcoins go up more, but also in the other sense, so I suggest that you periodically review a Bitcoin and use stop loss and move it when they are already in profit. Do not let a profit become a loss.
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