Bitcoin Forum

As a result of the current world crisis regarding the pandemic virus spread that have ravaged the world and still not stopping. this has affected global markets including stocks, fortunes, commodities, oil prices. everything is crashing. a lot of accounts has been liquidated on trading platform. within two weeks. billions has dissappeared due to current virus crisis.

As long as this persist, we are not sure how long the market will survive. there is little hope. everyone needs to be careful. when to move funds. Most countries are already in deflection. the situation is making matters worst. it looks like the end of the world.
Honestly, 2020 was not what we all expected. 

I never think that the market will ever be stable, look at how the crypto market react in the past years, its been very volatile so we can't expect it to be stable. The whales are still here, they are the reason why this market dump and pump and sure they are enjoy the current global crisis now which they are riding by manipulating the market for their favor.

I think only you think that market is stable or coming to stability  :D :D :D

According to Peter Brandt, BTC is still falling and could reach 1k
Read here: https://cointelegraph.com/news/bitcoin-under-1k-is-possible-warns-veteran-trader-peter-brandt

I think this is not the bottom yet, but I'm buying slowly, day by day, I don't believe in this price, and in a few months we can be laughing and not regreting to buy some coins

I really don't think,this has ever been noticed in the crypto world before,year 2020 came with so much hope and assurance but right now all hope crashing because of the Corona virus spread,well,I also think this is an opportunity to buy BTC because sooner than we expect,we would go back up.

I honestly also see that the coming of this virus will have a major impact on the current state of the market. the 2020 market that we are waiting for and we hope will bring good news for the price of crypto damaged due to the arrival of this virus. in fact if we realize that we do not need to make contact with the body of the virus sufferers to make transactions will make the 2020 market survive and hope to be bull. isn't the advantage crypto is making long distance transactions without seeing the people who transact with us, why don't we make these advantages a spear so that this virus does not damage the market atmosphere that we have developed long enough.

I guess nobody saw this one coming big lesson we learned here is there is no such thing as a guaranteed investment, we read it so many times that we must only invest what we can afford to lose, so you will not lose everything you have, but all is not yet over for all of us here, we need to look on the positive side because the market is now stabilizing, we have proven that many still believe in Cryptocurrency.

Okay, let assume that most traders now are panicking on this pandemic decease that has been continued spreading across the world. But let's not do panic and help them to realize that this is not the end of the world. Although we didn't expect this tragedy to happen since we are already there. Just get brave and hold your crypto assets as long as you can. Because there is no stability in the market especially in crypto everything will move because it is highly volatile.

Besides, this is the right time to accumulate more and hold. For sure there is always resistance after the downtrend.

Dont expect. This is one thing you must do in order to survive the market that is known to be bipolar in movement. I'm also loss huge fund that you cant imagine but Im pretty well equipped to those loses rather than self explosion to these news that Ive watching and reading.

To be more concise,more of these events are also experience in the past and sometime longer, but in anycase those have change due to future event. I am not expecting but looking forward to a great recovery of the market which all of the true enthusiasts believe that bull run will eventually come and even surpass its previous hike that occured. Patience is a virtue put that in your mind learn to accept that everythings happen for a damn reason.

The market will survive and what we are uncertain now is when it shall recover. The market will always be there and no matter how many dumping sessions and corrections we get through, it shall stay and be still. Don't jeopardize the situation and compare it as end of the world, that's even worst.

Regardless of price movements in the USD exchange value, True HODLER's won’t sell their Bitcoin. They can’t be shaken out of their belief. In fact, they are likely to be buying Bitcoin on these large price drops, rather than selling. Even Edward Snowden (https://www.cryptopolitan.com/edward-snowden-considers-purchasing-bitcoin/) considering buying BTC at theses prices

Ever since blockchain and cryptocurrency started in 2009, there had been a massive breakdown news thad had affected the market in one way or the other. I could remember when China Government banned on ICO offerings which resulted to crash on cryptocurrency markets and capitalization, unfortunately, crypto markets regained her stability after the then said news.

COVID'19 is just part of this event affecting the markets so bad but hopefully and someday expected bull markets will surely take place. Many researchers has analyse that the so called Virus will come to an end, so therefore crypto markets and other commodities will regain her peaks gradually and continuously.

The market cannot be sentenced to death just yet, and tbh nothing totally out of the ordinary has happened yet to create such an impression, so many of this posts are being created for a while now and it's not helping, most especially the newbies, they can be triggered to panic and make avoidable mistakes. I'm more worried about the spread of this virus, and can't wait to see its end, bitcoin will surely be fine, but so many lives are hanging in the balance due to this pandemic.

just calm down the crypto currency is still trusted by everyone, this is just the beginning of the history of Bitcoin, I understand all the feelings of traders and investors, by looking at asset estimates that go down, people's feelings will be bad, and I also experience it, but if we leave it then you will regret it if you don't have a new step anymore

No one is expecting all this in 2020, it has happened and we can only keep hoping for a solution sooner, it doesn't make sense to leave this haven right now because of this difficulty, crypto will recover and I don't want to be absent when it does.

When we have issues like the current corona virus epidemic, it always brings disaster to the stock markets. The cryptocurrency industry wasn't left out in this disaster because the coin market cap experienced a massive reduction. We are not certain when this issue would be resolved, but I believe that before long, it would be checkmated and sanity would be restored to our societies.

i have this believe that nobody can predict the market. No matter how professional and talented you are. you can not determine the market. you might be lucky today and tomorrow,you may loose everything gain today. we should all be careful in business and investment to avoid loosing everything. the coronavirus, the rumored world war 3 wasn't expected and they both have an effect to the crypto market.

This has been the situation the market. Uncertainty.  be ready because anything can happen, we might go highers(bull) or we might go lower. No matter what, the market is not going any where. 

I think you expecting too much, when you replace target should include risk. In management risk we also know about x factor and this corona is the example. We can stay in crypto market or cut loss and move into another world, up to you but I suggest to keep stay. Use your daily strategy with small range target for profit, keep hold your old transaction for saving. This is temporary situation and market will better after halving, that's my prediction.

This is something we are not prepared to take, so many of us here did not see this coming even these so-called experts, but still, we are here supporting this technology but the biggest question is for how long if things worsen some will be forced to liquidate I hope these whales will come to the rescue and do not dump their shares but instead strengthen the market, we will soon have a solution for this.

The market is indeed uncertain but it's definitely not the end of the world bud.
You see, the number of people recovering from the corona virus is way more than the number of people dying from it.
Besides that, the number of people dying from hunger is way too much more than that of people dying from corona virus.
It's just a temporary dump in the stock market and I am quite sure that the market will soon recover as soon as the corona situation is under control.

Well, you have a good point there bro, --this is just a temporary market down and overall was experienced on this economic crisis not just only a cryptocurrency. Through time will pass I am sure this coronavirus problem will disappear too and everything will back to normal. As of now, we avoid the possible panic selling of our crypto holding. Because we dont know perhaps one of the whale was trying to monitor the entire market and perhaps they go with the flow on this situation now. Indeed, no one really knows and there is no stability on the crypto market.

We won't exactly have a time and date for that because as of right now everybody is in a state of panic and at this rate where the virus is still rising the panic might still grow and might still affect the market inevitably. Although this might look bad for an investor this is actually a good time to hunt some bargains even outside of the crypto industry. Stocks from bluechip companies and also real estate are getting cheap as their owners are joining the massive sell-offs happening in the markets so really it is the best time for investors to take advantage of the fear and uncertainty of everyone in the market and for an investor you should know that being part of them is really a bad idea.

I hope it won't. We have already suffered greatly from what happened in the past week. However, yes, many negative developments such as quarantines and foreign trade pauses continue to increase. I think it might be reasonable to expect the decline in real sector markets to continue. However, it is difficult to make a prediction for cryptocurrencies.

I so much had lots of believe in this year 2020, that if someone tells me with will result in what is presently happening, I would argue it. Well, the reason I will not lose hope, I that, it had happened before, people said a lot of things, We thought the worst had come to crypto, but at the end, we saw recovery coming.
I just feel we should not make conclusions on whether the market will not survive or that it will die. I believe some opportunities are coming to present themselves. Only those who are at alert and can see it will benefit from it.
In every bad, worse or worst situation, there is always a blessing.

This is an uncertain situation everywhere but most countries taking the issue serious and taking their  best effort to control the spread which is the best and first thing we needed to decrease the effect of this pandemic because mortality rate is really low but the spreading rate is only making people to get panic so once it get stopped or controlled there will be come recovery so be ready to buy when you see the bump.

I completely agree with you, now it’s better not to risk and generally wait out all these falls because at any moment the cryptocurrency market may fall again, so I just decided that I will wait, since my portfolio has been completely full for a long time and I'm waiting for growth.

This is one reason why as an investor or a trader, we must always follow the news.
The whole economy worldwide is on the decline after several shutdowns and imposed work from home policies and also paid leave.

Which led to the panics that downtrended bitcoin and other crypto currencies, so definitely we are in an extra volatile period and this is a time for short term target trades.
If you skilled enough, then dyor and go for it.

Do not loose hope my friend and there is nothing much to worry about as all the countries around the world are taking good measures to stop this pandemic and it will be controlled soon. Regarding the market situation i know it feels bad to see such dumps but stay positive and market will take reversal in coming weeks for sure.

Staying at a point alone and being positive alone will not solve it, rather, I would add that you take cover too.
How do you do that?
Some are good traders, while some are good at just investing. There are those who neither know how to grade nor do they know the right investment to go for. At this, they can just selll into more stable coins and wait for the market to recover.

Whatever you do, the crypto market will still not be stable for a long time. Therefore, you should not expect stability from it. We can fall at any moment, but there is nothing wrong with that. Then the price will still go up again.

That's right, we are likely going to fall further if the spread of this deadly virus is not curtailed sooner or later. Most people are claming that the spread of the virus has no influence on the crash of the crypto market but i doubt this strongly because this has resulted into a huge unrest in this industry causing people to fear and panic sell hence dumping the entire market.

Years that have been staying digadang become years for the new face of the crypto world immediately turned into a question mark and alert because of an unstable market situation due to the emergence of a new world problem in the form of a virus outbreak. The world became focused on the plague, thus affecting the world market economy. Always pray and think positive

And I never thought we will witness an early bear market today, this year should be bullish through out but unfortunately Coronavirus is wrecking everything, not just crypto but stock market too, fear and panic needs to stop first before anything else, it's not helping at all

I think the good news is that this virus has begun to be controlled in China, they will soon tighten their economic engines. So if this virus can be controlled, the panic will soon subside and the market will stabilize. What is happening right now is just panic and the right time for large fund owners to buy and hoard bitcoin and other coins

If we think of the upcoming halving, yes, price should be bullish, in fact the start this year is quite good but corona virus comes into the picture that affected the business operations of the many, countries being lock down, people got panic, and resulted this heavy dump of the market.

Actually that's true, 2020 is not what anyone expects starting from this virus of a thing which is bringing most activities in many countries to a standstill, borders are being closed, flight are being cancelled and many more. But however I believe this unfortunate events will soon pass most especially now every government has gone deep into research of a cure with some giving a timeline on when a cure will be found. Also there are cases of recovery too which is a good sign. Therefore, I would say despite the fact the market isn't favourable as a result of this issue but yet it has come to stay, the issues will only linger for a while and once everything starts returning to normalcy the market will adjust. Lastly, it is in the nature of the crypto space to be unpredictable which leads to volatility therefore in all dealings one needs to be careful.

The market was never for once certain, and there has always been instability, we can only say that we witness a massive dump in a long time which is right.
Coupled with the pandemic and the few bitcoins dumped from exchange platform, it was an expected dump.

The market will definitely be stable in just a matter of time, and the question is, did you take advantage and bought the dump ? Did you  ?
Always do your research before making investment optiions

Yeah there is an absolute chance of getting rekt again due to global panic situation and uncertainty in the market but i am hopeful markets will bounce back especially crypto market will come back stronger than ever it is just a matter of time so keep hodling like me.

I'm quite impressed with the way the market is bouncing back little by little, few day ago bitcoin went as low as $3000+ but now, it's around $5000+. Although we shouldn't expect much of a price surge anytime soon for as long as the coronavirus threat to the entire world still remains. Year 2020 shows quite some prospect in the early months, I'm very optimistic the year will favour cryptocurrency market. The question of when and how favorable will it be still remains though

Yes, if Bitcoin doesn't hit 6200 USD in this week, then we can see another massive dump in every coin! Actually, I am not feeling good until I see Bitcoin at 3200$! Because if it goes down at that low, then we can be ensured about the bullish market! However, it is my personal opinion and I think if Bitcoin really goes for 6200$ then we will see 9K soon, otherwise be alert for another dump! 

bitcoin prices could collapse to such low prices because in my opinion the influence of the corona outbreak began to spread and made many people panic so that many traders and investors make withdrawals and exchange their assets for fiat money because of fear.

It definitely is. I also believe that we will experience another fall. But to call crypto market stable is of course a very loud statement.

We can't prevent that fall if it happens, it's affected by the covid-19 pandemic and when there is a panic, that is expected.
Well of course the market was never stable looking at its overall performance, this year alone we see that evidence, pump to $10,000, now it dropped and touched $4,000, that's a huge dump and there was a big pump starting this year.

No one knows about the future of crypto but we are here believing its' gonna be good despite taking a high risk investment.

I thinnk market is always unpredictable as many crypto investors saying about it. But this decreasing of most crypto in the market is a big crisis of the economy due to the occurence of corona virus that makes the several economy of the countries falls down. I hope this tragedy would end soon, so that market would be as great as it is.

Nobody is anticipating this in 2020, it has occurred and we can just continue seeking after an answer sooner, it doesn't bode well to leave this asylum right now on account of this trouble, crypto will recoup and I would prefer not to be missing when it does

I think the market is never stable, it has always been about a bull run, a bear run and a run of consistent moderate prices.

It now depends on us traders, to pick our advantages and take profit. It is a volatile environment

The crypto market has never been stable, it goes up, it goes down but never stable and that's how it's meant to be because it is been decided by humans and as such behaviours etc will exist. However few weeks ago the market was in a very bad shape with people converting to fiat to meet up with needs which comes with the lockdown being imposed by countries. Then gradually the crypto market started recovering which shows people have come to know the crypto market is a strong one and today we have seen moves of growth in most coins. Although we might fall once in a while but yet we will surely rise again no matter the circumstances.

Volatility is a feature of cryptocurrencies and I think everyone should know it. The price of digital currencies are highly volatile and can never be stable.

The only thing that makes the stable market became stable was caused by the fiat money that has already used to back up the stable coin. As far as i know if crypto will never become a stable market if there will be always still the crypto that is not used commodity to keep the price away from the volatility.
This is the key to create stable environment.
Volatility is always become the main aim for the trade to be able to take profit from the market.

well indeed the price movement of a coin at the exchange place will always have a price movement but you can see the case of the USDT which in my opinion does not have a price movement so it can be said as a stable coin which in my opinion the percentage of profits obtained will be very long.

This pandemic will somehow be contained if vaccine will be out or at least cure for the infected has been identified. Right now, the medicine industry is still in trials for those medicines along with the potential vaccine for this virus. Until then, we are still in cloudy environment. But since the trials for vaccine are already ongoing, we are already heading in the positive direction. Even Bill Gates is funding this vaccine development to shorten our waiting time. I really hope they do develop it as soon as possible.

https://finance.yahoo.com/news/bill-gates-coronavirus-vaccine-152251369.html

I doubt the withdrawals will affect the price movements which can bring the second wave of the bear market trend. Many traders will exit with converting the BTC to cash but the new investors will come to the digital ecosystem for investing purposes too. The Trust wallet DAPP browser is my favorite one among the many Android crypto wallets but there are few functions that I think are unnecessary. For paying the Skrill wallet invoices, I always send the ETH to the Trust wallet and later copy-pasted link will be opened in the DAPP browser of Trust wallet for sending the full amount with the lowest withdrawal commissions.

The worst is yet to come, there are now signs that we are now experiencing global recession and I hope that there will no bad effect in the cryptocurrency market. The market is looking healthy nowadays when it recently broke out to its major resistance but still we should not be happy because we are now in global recession. Maybe it is only a sign that it is only a upswing to create a major lower lows.

due to some climate change, our expected rewarding to achieve is uncertain such as market stability even we are making a lot of effort as traders we cannot prevent it from falling except that when rising, nothing can't stop it anymore, so obviously we couldn't handle the real system cycle of volatility to the traditional market and usually, it is common to those have long been in the field of cryptocurrencies, despite all, we are in the season of gloomy due to covid-19 impacted so acceptance is required now to overcome.

Protecting our gains is should be our concerns, we cannot yet sure that the bearish market is now finished. We saw a rally in this previous days but it doesn't mean that we are now in the bullish market. As ling as there will be no breakdown that will happen, the market will look healthy again. We should always have trailing stop and cut loss levels in order for us to protect what we have and it is important because it is part of risk and management.

We are facing a pandemic so it is only normal that we will be facing a difficulty in the market but it is not yet the end of the world because every country is doing their best to stop the pandemic and find the vaccine for it. Ups and downs are part of how the market flow but what we have experienced is a big decrease because of the pandemic and other reasons.

Let's just hope that we can overcome all the problems that we are facing right now so we can still consider the 2020 as a good year for the market to recover because many are hoping for 2020 to become the season of the bull.

Yeah this is right but we never know when would be going down and goinf up. Technical analysis sometimes messed up and this isnt true at all. I have witness so many analysis and their prediction is not even close to what was happening on the market. Lesson learn here is control our funds cause we never know when it will strike the market. Stability is out of the question and always be volatile even though positive news are observed.

That's true, this virus has a big impact on different countries, it makes the value of cryptocurrency goes down so deep, there are so many people who get affected by the virus, a lot of business that fails because of being under community quarantine which results to down the economy. This bitcoin is really not stable because it is volatile, we all know that thing before we get in crypto world, we should know the nature of the bitcoin and other cryptocurrency.
To make it clear again, cryptocurrency is decentralized and has a feature of being volatile, so there is nothing wrong being unstable of the value of cryptocurrency especially when crisis happens. Even though it is decentralized it is also included to those affected by the crisis.

The price in the cryptocurrency market is very rare, even relatively and for a short time, stands still. After the price of bitcoin fell on March 12-13 to five thousand dollars, after a while its price began to recover gradually, and the last few days, according to CoinMarketCap, are in the range of a little over 7200 dollars. So we can say that the price of bitcoin has so far stabilized and, given the current situation with coronavirus, it is unlikely to fall. However, events can still change, but I think that is already for the better.

Rise and fall is certain in crypto world, coins stability are always temporary but volatility is a must, that's how these coins are programmed, only stable coins are programmed to stay stable

I hope we don't see the worst happen, but there is nothing we can do if that is really happening. The market now seems stable, but we don't know about that because the bitcoin price now has downThe bitcoin pric now touch $6900 level. I hope that people are not panic to see that price because if they panic, the price can get down for more which we don't want to see that. Let's hope that everything will be fine, and for bitcoin, the price can break the high price and make ATH again this year.

Volatile but it ha a great future and the price in overall is growing as more people are expected to adopt in the longer period.
Getting into crypto is not difficult now as we have exchange that will facilitate fiat to crypto transaction easily, and sooner, crypto will gain massive adoption. For traders they will like the volatility here is high, and this means more opportunity for them trade and make money if they have the skills.

In short, crypto market serves different purpose of the people, so it will prosper.

if fear has penetrated you then whatever choice you make will be wrong, increase your confidence first before entering the market so that you are not easily provoked by what is happening right now.

Yes, it can happen anytime. I am not worried about the market, but I am concerned about the panic people who will fast-selling their bitcoin because if they do that, I guess that can make bitcoin price is going down faster. That can cause more panic in the traders because they will think that bitcoin is not going to survive. All country have bad situations right now, but we need to stay calm to prevent the worst thing that can happen.

What makes the marketing very entertaining and promising is the rate at which the market is very unstable as it tends to go against all prediction on a short term based. You might think if the market is crashing it'll stop at a certain predicted price by most of the cryptocurrency predictors but that's not usually the case.

The previous crash saw everyone thinking the market will go down more but that wasn't the outcome instead the market recoved, peaking around $7000+ before currently experiencing a correction making the price of bitcoin to fall down below $7000 once again although I'm quite positive that price won't hold for long.

This is a condition where experienced traders profit. But such conditions may not be suitable for day traders. :D

Many predictions are broken when market conditions are unstable, so many daily traders have to cut losses faster. The level of difficulty possessed by daily traders is higher than long-term traders.

Maybe we should change our perception when prices dump, because the market will recover after a few days or weeks. Among the many good times to buy crypto assets on the market, I think at a time when dump prices are a good time to start something great for a trader or investor.

We are already falling over again, I wonder why but it not worrying about it, I've already shift my focus to 2021, even if Bitcoin halving come to past there won't be much difference before the year runs out

We are falling but it will rise, but why shifted already, we still have more months to complete this year.
Don't you believe that crypto will achieve a success even in just a very short period of time?

Don't think that way, just be optimistic, true that crypto is not that bullish as we are expecting but it's holding strong now.

Absolutely, we need to maintain the psychology before investing in this market. If we invest in this market with fear, then I believe that we will soon fail because the market is now very volatile.

Of course. Now the situation is unstable in all markets and cryptomarket is no exception. Moreover, it is very easy to manipulate, so caution will never prevent.

Now is a very bad time for cryptocurrency
All countries of the world suffer from this virus, until the situation improves, there will be no stability in the cryptocurrency
need to be patient and wait

Your predictions are right. We're not sure of market stability anytime this year despite the halving event. Market stability will take effect hopefully when the world population is relaxed from the looming virus until then, there will be continous spikes and downs in the market.

When a person is afraid, he acts at the level of reflexes, his instincts, acquired by automatism.
It is not necessary that each such choice will lead to errors; on the contrary, many instincts are much stronger than logic, but they ignore it.

Falling is not what is being looked at before investing in cryptocurrency because if we look at that, we can not invest rightly. Some coins do pump when much buy are on them but they are not really good project so if we look at that volume to join the buying, crashing will certainly come.

Not only for cryptocurrency and other investment products, many aspects have declined. This is a difficult situation, especially as the volatility of the cryptocurrency market is high, this situation increases the risk of extreme price movements due to the unpredictability of this global pandemic. Hope this gets better soon.

Even if this pandemic will be over soon, we cannot expect for the crypto market to be stabilized. As long as there are whales that continue to manipulate the market, there will always be high volatility that will keep on dumping and pumping the market price.

I feel nothing is too certain in the crypto currency space.
Which is why we are always adviced to do our research every time, and ensure that profits are saved always.

The market is bullish/bearish, hence the need to be ahead, always dyor.

moreover this pandemic could be the main reason for them to manipulate market. people will thinking price crash due people prefer to hold their money in fiat and quit from high risk market were good decision. but actually whales playing retail trader psychology, when they see price drop sharply automaticly they will be panic and sold everything.

These days we are experiencing pandemic. So the stock market is also affected, the market stability is not ascertain. We are experiencing subsiding of the stocks die to pandemic. The prices of the cryptocurrency is also subsiding. In this time we must buy some coins and wait until such time that the value becomes higher. We should watch the charts and trades and then we can sell our coins when the value becomes higher. By that we can gain so much return on investment and get so much money. It can help us pay our bills and payments.

We cannot really predict this or easily manipulate the market so the best thing to do is just be ready for this. Still this might happened but it doesn't mean that it would happened.

Not could but possibly. Imagine how many countries now are being locked down and all the businesses are affected. The only open one are those essentials such as food, medicine, and banks. So to say, even crypto businesses maybe closed at the moment but good thing is this field doesnt need the capacity to work on certain office and can be done via home. So they can still continue their operations.

Thats probably the case about funds. Being used on supply now and most likely investors are in shock and no idea where to put their money to be safe. Cause to be hoenst nothing safe anymore.

If price chart declines then so be it. Bring it on if that's the fate we need to face! I'm no longer scared of such dips since I experienced a big one before. I am not saying that I'm not affected at all. Of course, I do. However, I learned how to change my mindset. I always go with the positive vibes and think of ways how such crisis do good for me (eg. buying more) :).
Indeed but actually the total damage could rise further as the pandemic continues. Imagine, analysts estimated that our country's economy might lose up 1 trillion pesos. That's so bad but I hope this misery will end soon. God bless us all.

The entire world's economy is down to a worse level than the last depression according to IMF. Now if things continue like this we will see worse conditions not worth talking about. Lets hope that condition becomes better soon and the markets become stable if not increasing in price. Economies are an important point of note for every government at this time and they are trying to keep it afloat.

Whales will be hoarding fiat for their uses though because they also need to survive, so the market crashes. It will take them time to recover too. But how long to recover is a different discussion. ;)

To survive they don't need a lot of money to do it, but when they are making money playing with the market with their power to manipulate, then I guess it's favorable to them.

Bitcoin has not fully recovered yet but then again we are not seeing a total dump like stocks, so I guess crypto versus stocks now, crypto is more stable.

end of the world?come on, I think the global financial crisis occurred when a more deadly virus hit about 100 years ago, although the financial condition at that time was not as advanced as it is now, but it had a huge impact.
for the collapse or economic collapse to always happen, we just need to be vigilant.

Yes, of course 2020 wasn't what we actually expected. However, I don't think it's all gloomy. There are good things to come out of this pandemic too. For instance, many companies will become more inclined to the online module of doing business as they are reports that companies save a lot of money with their staff working from home. So, I see it a win situation for those who will survive after this outbreak is over. Also, the crypto industry will gain more community and patronage.

the problem of corona outbreaks is still blanketing the world, most of the countries experiencing deflection, especially the countries of Italy and America are countries with the most cases of victims due to corona outbreaks. and this also has a bad impact on global companies and the crypto industry. but I am sure that if this problem is resolved soon, the world can return to normal including the crypto market will improve again.

I agree. Cryptocurrency world is always unpredictable, sometimes our analysis is not always correct, sometimes it is. The reason why we are so uncertain about cryptocurrency is because of panicking, giving us a lot of negative thoughts that lead us to random decisions that takes us to a lot of danger (losing our funds and profits), that is why it is important to be mentally prepared before engaging the cryptocurrency world to earn money.

It's just important that those things you've mentioned do exist.
There is a panic, whether selling or buying because there are people who initiate that big market movement, and they are the whales who do manipulate the market, the FUD, FOMO and anything related, you should be aware and you should understand how the market moves.

During the liquidity crisis, everything that people put on long will be sold. People put gold on gold as long as possible, but now they are selling it. Bitcoin (https://tokenncoin.com/cryptocurrencies/bitcoin) and all cryptocurrencies is a story of confidence, right? The means of accumulation are worth something only because we think so. Gold has now become a game of confidence. We are experiencing a severe blow to the confidence in the world of all that I am able to recall, explained by the Galaxy Digital (https://tokenncoin.com/cryptocurrencies/krypton-galaxy-coin) CEO Mike Novogratz believes that the global recession has slowed the spread of cryptocurrencies for 12-18 months. He stated this in a recent interview with Anthony Pompliano.

When the crisis is over, large volumes of new liquidity will arise, Novogratz expects. Bitcoin will also feel this effect on itself, the price of which will be ready to go much higher.

The world currently is distressed, everyone trying to make it out alive cryptocurrency is surviving because its a virtual currency with high volatility. There's no stability until the world rests from the pandemic and even when it does the market will be volatile still.

Just keep believing don't lose hope, the storm will be ending soon, the cryptocurrency industry will survive no matter what happens, the only thing that can stop the proliferation of the cryptocurrency industry is to remove the Internet, sounds crazy but it is true. the world has already experienced many pandemics before and more deadly that COVID-19 but the world still survive undoubtedly. the world will win and the crypto industry will survive.

That's true and what's in my mind. Even if the world is totally fine and there's no such thing as pandemic or any kind that could severly affect the economy our market is still as volatile anyway. I thought most of people already getting used to it and even stock market despite not as volatile as crypto's still significantly volatile. There's just no certainty in economy really.

What I do not understand is what people mean when they say the market is stable. I don't think that is ever obtainable because in my opinion, when the market is stable that means there won't be falls and rises as we see now. The only thing is to take precautions and be watchful, cashing out no matter how little and waiting for another dip to buy back. Market stability may not come as we expect it.

I hope this problem can be resolved soon this year, but I believe the economic situation will not be able to recover soon. The entire market in the world has been collapsed by Virus. And if the epidemic is under control this year, I think we will need the next 2-3 years to recover the global economy.

This is a bad time for any market in the world. It been a month already and this pandemic still running. I believe the current market condition is temporarly. From my perspecrive cryptocurrency have a good chance. While stock market is down maybe investor gain their interest back to crypto space.

Crypto is filled with uncertainties, when you think that it's hitting rock bottom, it ups and surprises you. But with the current situation of thing globally there is a possibility that we should expect more fall

Whether there is crisis or not, one of the characteristics of crypto market is instability.  Though the crisis may have little influence but this has been the nature of the crypto market.  This was even proven with the rising  in the price of bitcoin and major altcoins even in the midst of this pandemic.  So market forces determine to the large extent what happened to the crypto market rather than the crisis.

"Survive" word doesn't apply to crypto, but maybe for some shitcoins. They could be dried out pretty bad right now and devs would abandon it sooner or later. There are plenty of coins in CMC that are tanking right now and it seems to be tanking well so far, so I don't think that we should be desperate of having hope because we don't need it as this doesn't even sketch a single line for the end of crypto.
This is just one of those days where we experience below our expectation, like me expecting back then that Bitcoin will breach 7k but it went downwards so sudden to 4k.

Well, we are living in an uncertainty world and nothing can be predicted as it is. This virus has caused serious harm than expected and I really do wish it just vanish within seconds. Many investors are scared of even leaving funds online anymore because if virys and some are scared of investing do to pump and dump some exchanges are doing. We lack investors and things isn't as good as it should have been. What we expected this 2020 is not what we are seeing. I rely do hope bitcoin halving would increase the market because it's a very big event and happens once in blue moon.

That's true, since in this space news affects in a positive way or negative way that is to say, there is every chance we might fall again at the same time there is every chance we might rise higher. The world itself is still in chaos as every country is trying to ensure lives are being saved hence there might be further restrictions or bans which will in one way or the other have its take on the crypto space. But even in the midst of all these, it is good to bear in mind that the crypto space will gradually adjust to suit the current situation of the world, a good case scenario is the value of Bitcoin nowadays.

They can wait it out, I am sure the whales activity has reduced considering the first world countries being heavy hit by the pandemic and most of the whales comes from those countries. But I dont think this will have any effect on whales in the long run because you have to accept that they are big players, they have contingency plans and they know the markets and its ups and downs.

Crypto has been more or less stable after the dump post-pump of 2017. Now the only thing being promoted like crazy is margin trading on the 2-5% daily trading swings. Well whatever suits the trader though, I am nobody to judge.

Although the situation looks grim, the end of the world is a bit exaggerated. Actually right now there are countries start to open up business as usual and slowly lift off the lockdown. They did that cause those countries were able to prevent COVID with minimal effect on their economy and population. This recovery from those countries shows some light at the end of the tunnel.

crypto and this pandemic will teach us something valuable. As we know, for almost 3 years the crypto market is very volatile, and a pandemic situation that we never imagined could worsen the market situation. Stay healthy, and be optimistic!

It has happened and we have to adapt and sit right with it. It will take more time to overcome this pandemic season because we didn't prepare for it but anyone who can be patient enough will recover any loss with profit.

and who said we never fall again ? though if no crisis the stability is more longer but thesedays the value is highly unpredictable than before and the value likely going down  more often . no one wanted this to happen but i dont know maybe china wants this to happen .

still even china also suffered and infact they have lots of fatality compare to most parts of the country  .  lets just hope for the better and all can recover not just cryptos

Yes, it could worsen it, but it has not got worsened ever since it started. That was actually the expectation of many, but I still feel the situation will be different. Although, there has not been much significant growth, do you know that this form of market is the best for traders and some investors, most especially short term investors, who know when to buy and when to sell? Only holders and those who do not have faith in this market will see ut as been the worse and that maybe the worse will come.

This morning market for bitcoin actually became more interesting with the price rising more than 13% and thus we might be seeing a nice rise on altcoins too if you are holding that. But what caused this spike is not known but can be presumed to be whales pumping some money into bitcoin and sort of testing the waters during this uncertain periods.

Of course stability is not something that goes with the market. Maybe 2-3%/day change is comparable to stable but then again we rarely see stock markets performers move that little, even though crypto has been like that for sometime.

Cryptocurrency market cannot be stable, it has a small capitalization if to compare with traditional markets. As of the current growth, I am quite optimistic about it, this might be a start of the new uptrend.

Agree, compared to other financial markets, the cryptocurrency market still has a very small marketcap value because it is still under $ 300 billion. I am optimistic that the cryptocurrency market market can penetrate trillions of dollars because there are many new investors

It's now a different story since few countries are now a step ahead of Cov-19 and Bitcoin halving is few days away, Bitcoin have every right to be bullish at this time, I think 2020 crypto market will be different after all

Yes, and the instability of the cryptocurrency market is very reasonable and profitable for traders who are already very professional, because if the crypto market is stable, it will be difficult for traders to get a lot of profit when trading.

I do not think the COVID-19 epidemic affects BTC. Currently, the disease has not been repelled. And scientists have yet to make a vaccine to prevent this new strain of Corona virus. Countries around the world are seriously affected economically by restricting trade with each other. But today's BTC price has risen to $ 9400. I think the main reason is that the upcoming halving day of BTC means that the difficulty of BTC mining doubled, leading to the scarcity of BTC in the future.

it did affect bitcoin, as from coingecko report if I'm not mistaken it help the market reduces quite fair amount of market capitalization though now it already stabilizes. I really hope vaccine or cure for this pandemic to be found very soon so that the halving will not go unnoticed at this time around.

How can you sure about that when there was no a strong indication if this will be a long term bullish event? I have learned a lot from the past halving event of bitcoin and the bullish can come as soon as possible but it can also disappear in a short time too.
I just hope this will not happen but we can't deny that if this is how speculation market working today.

Anything can still happen, Cov-19 is not over yet but I'm glad some countries are recovering, this means HOPE, the present uptrend is happening because of the FOMO surrounding the upcoming bitcoin halving, dumps will still happen after the halving, better take profits while you can

Yes that’s right, we are not certain about the price, it can drop at anytime or it will keep going up. But, one thing I do know right now is that even if the price should fall back from it’s current $8,700 price, it’s not going to fall as low as it did at first.

Halving will be around two weeks from now, and we are not even sure where the price will be heading to after the halving. A lot of people who have been predicting bull run since 2018 after the last bull, and now they have tagged it to the Halving and saying that the bull run will come with the Halving, but nobody is sure about it. I do know that they are judging based off of what happened before.

It's a very big ordeal to get things back on track so soon in a right condition. It won't be easy but it will be achievable. The world will learn a new thing from this. For now the coming halving will help cryptocurency to gain uptrend momentum which it will now fight for a balance after it.

But that's not the case mate, yesterday Bitcoin hit 9400$ and I'm few hours it dumped back to 8700$, I don't know what to call this, correction? Or we have more weak hands dumping probably because they buy at 3600$? I pretty positive that there will be more dump after halving is over

You'll never know what it is, that is why we are predicting because bitcoin is really unpredictable, some say bitcoin will start to break resistance again and it will pump to $10,000, but we never know as it could possibly dump again going to $7000 or even lower.

For now in the cryptocurrency world there has been no negative impact due to the current situation that is concerned with Corona virus, although nowadays many countries already have an impact in the economic system that is getting worse, but the price of crypto is in fact an improvement so that we are increasingly passionate in doing activities in this forum, hopefully its price will continue to increase.

Everyone has their own beliefs at this time and we also have their own judgment because of this, I am also sure the dump will occur after halving, but it will not be the same as before and tends to be faster to rise.

That's crypto, it's not stable yet and we are just here either we trade playing with its volatility or we trust its future so we will hold and don't mind if the price is unstable now since eventually when bitcoin will gain massive adoption, it will certainly rise.

It's only a matter of time, not whether or not it will be repelled.

And economically, sure everyone is worrying now, especially me with cuts to our salaries already approved. But I think in the end the system needs a reboot, and yes we'll all have to pay for it some way or other but it will be better for our kids later. Hopefully, we all equip them with btc too.

It is not stable even before and thats the reason why some people are engaging themselves in crypto due to volatility, they take advantage it as speculative asset. The virus affect the market, but not directly but through the investors selling off their assets to have money to spend for necessities during this time wherein we are coerce to stay at home.

Yes, that's right, it's better to take profits while you still can, because it is feared that after the completion of Halving there will be another decline happening in the market, so it is better to use the opportunities that still exist, rather than later regret.

The decline in prices when the halving process is complete is inevitable, for the time being, all coins experience price increases due to the FOMO halving bitcoin, if it is over then everyone will resell their coins and wait for this pandemic to end.

You are so pessimistic, but you are now eating your words because things are still ok and our scientists are working on the vaccine and it's just a matter of time before I vaccine is out in the market, 2020, is just starting out the year is still a long way to go, we cannot conclude what's going to happen.

Well obviously the world will be okay, what a silly idea that world will not be okay, of course it will be. Humanity has gone through a lot worse before, the second world war has gone and past, if that didn't ended the world I don't know what could, third world war?

However that doesn't mean that this virus didn't left a dent in humanity, not for the long term because even the nature got better thanks to less and less people outside trashing the world, so it got a tiny bit better, but us humans are the ones that hurt the humans, money is a concept that I don't think any other animal uses anything like that at all, maybe barter at best. So, just the fact that we are going to be okay, doesn't mean that this didn't hurt us at all, it was awful and still is awful and will be awful for a while as well, simply it will eventually be alright one day.

the decentralization of the crypto market always make it impossible to predict its exact trend and how prices are going to go. It's affected by news and some developments but nobody can really predict this market. I was one of the guys who were of the view that this halving of bitcoin will not be huge but things might turn out to be different. bitcoin is rising steadily and predictions of $10k have been made by some crypto analysts.

Yes, that's right, because now people are just using the situation for profit, and what you're saying is more likely to happen, just need to wait for time, because halving is also getting closer to the time.

indeed the crypto market does not have definite stability to coin price movements. therefore in investing we need a detailed study before making a decision in order to avoid losses especially as the cryptocurrency is volatile.

all are waiting for the moment to be able to benefit. there is no longer a high speculation person to reach ATH. I think when the market gets a pump and has already made a profit I guess we don't have to regret if we have to sell our assets earlier than waiting for ATH which might not be achieved.

The market has never been stable enough and never will be, no matter what is happening in the world. Stability will simply nullify the opportunity for large players to earn big money, because they manipulate the market for this.

So that's how scared cats think ;) Now I know why the prices are rising so slow. It's because people are scared that it might fall again which is ridiculous because if everybody keep thinking that it might fall it will not and only a few bold investors will make money.

That's how it always is in this market. When the majority thinks we are in bull we are already turning to bear and when the majority is scared to invest thinking it's still bear it's in fact already bull.

Think about it!

The cryptocurrency market was affected by this some time ago when the pandemic was announced, but now we are heading to halving bitcoin, after going down, now it's almost back. The market is increasingly crowded because many people are at home, losing their jobs, everyone is starting to look for ways to stay income and one of them is cryptocurrency.

There was no exact date when pandemic will end and what we can do to adapt with the current situation to survive in this pandemic. The decline will caused by the end for FOMO to the bitcoin and then whole of altcoins were also following it. Rumour and news matters a lot in this case.

yes everyone should know the price can fall again and again till the end of days

What kind of stability are we talking about? Now they earn only by trading, and investors are in the red. ;D

I do not understand how it is possible to make money in a falling market. I only have one thing in mind, most traders use trading bots.

I see in how many days the market is still showing good trend, the market is going up and holding I actually think the opposite the market will continue to rise even though it is slow hopefully my predictions will happen

 

I also think that the market starts to grow slowly, but gradually, it can't help but be happy, because after 2017, the market can't start to grow normally, and now it seems to be starting to grow more steadily.

As we all know,  it's just few days to bitcoin halving,  the market stability might not be ascertain, but I will advise you guys no to short either, lots of people have been wrecked shorting Btc think that it will go back to $8400 after touching $9200, currently it's around $9800+, you don't fight the trend, you get hurt trying to fight the Trend,  we are in bullish trend right now,  as for me what I'm doing currently is either I long Btc when I see a good entry or I stay flat and watch the market rather than shorting the bullish trend

When the market was falling and then you can take it as the best time to enter the market and when the market will be recovering again and you just sold your tokens and you go out with a decent profit in your hand. I do agree a lot of traders are using the bots but that's just to make the trade becomes automatic

Well, those who short bitcoin now made a wrong decision, this time, it's the people wins the game, I think there's so much hype on the halving and that is the reason why bitcoin crossed $10,000, we might be seeing bitcoin back below $10,000 now but for sure another pump is about to happen, so let watch it as the market is about to change from bearish to bullish this year, it's gonna be a remarkable year for crypto investors if bitcoin will reach a new ATH as the stocks are suffering while bitcoin is going to the moon again.

I think not quite yet,,, very good to see Bitcoin now making a high and push for 10000 but for some reason, people are not willing to cross that border yet, I believe they are waiting for the halving event itself to happen before they do so. The correction will be quite painful from there I think before we see price go even higher (it will).

So those who short now could be making more at the next dip, who knows?

I agree with you bro, trading bots work wonders. I can recommend one resource that contains a lot of information about this. https://tradingbot.info/category/bot-101/

The thing is we never know what is the next dip, and we never know also that bitcoin will just stop pumping at $10,000. It's still bullish and we know how people will react when they see bitcoin is bullish, and there is a reason for everything so I expect that we will at least pump a big more before that correction you are talking will happen.

I think 2020 is risky but also very worth looking forward to the results, the markets are seriously reduced that is a good opportunity to invest. The investment won't have too much profit when the situation is stable, so can consider it now. The cryptocurrency market is always unstable, it also changes very quickly even without a pandemic.