Stock Market May Crash due to Coronavirus, Here's what to do

The virus itself is not harmful despite the death toll, it is more the quarantined cities and even countries that could cause damage. The investors are afraid that the slowdown on the China economy and now spreading to Italy and even the USA may trigger a domino effect on the whole ecosystem, mainly built on dept.
The VIX index is alarming as explained on chart
If you have short terms positions, to consider selling would not be so dumb. If the market indeed crashes, you will be saved from the 30% drop. If it climbs back up, you can still re-enter.
For long term positions, this might be the opportunity to add to your portfolio. The potential reward will increase as the market decreases.


Disclaimer: this is not financial advice.

Comment:

After a short rebound, we see the crash continue.
Even the crypto are crashing.
People are taking refuge in CFD.

The opportunities grow higher but for how long will it crash? Also will it be able to recover?