Bitcoin Forum

Coronavirus is the reason why market is in very bad shape, it will be very stupid to exit because of this while others are making good choice presently, many are already saying it's the end for crypto but the fact is Bitcoin died several times in the past and it's still alive today, do not be fooled by those who don't understand the technology

I'm not being fooled but when my health is on the line, I would sell some of my portfolio to buy food, disinfectants, and other necessities in times like this. That is not a stupid decision, it is just common sense. If I survived this pandemic, there is always a chance to earn money and buy cryptocurrencies.

Stock market but not the crypto field.

As of my understanding you are in contradiction of your own statements.
There is no corona virus before but yet bitcoin will go deep.
Why is this different?
Corona virus or not bitcoin will move which no one could explain.
You could put all the news and events of the world but yet it is not connecting with how the bitcoin market will fluctuate.

You have stated the situation very nicely in simple words, i agree with you, i think it is once again whales and speculators that are causing this panic and sell offs and they are personally accumulating more coins so benefitting out of panic and dumping from weak hands.

Wise investors think otherwise, as I have mentioned before, Buy when there is blood in the streets . I know that the market is really in very very bad shape because of the corona virus pandemic, but we can't do anything about it, the virus has spread out and taking a dent on the global economy.

But as crypto investors, others might think that this is the end, however, majority will say that this is just the beginning of the bullish run, so just invest and don't be fooled by the those who panic. Make the best of this situation.

More of manipulations, shaking the market the second time around, I thought that the recent crash is done already, but it seems that the market is going down again. Anyways, if the whales are playing the market again, then we should adjust and don't get fooled. If the price dip, then we should buy, simply as that. Instead of panic, take this as a great opportunity and accumulate more.

This thing could affect the market but never it will shut down crypto market especially bitcoin. Many investors will likely backed it up even at time like this. Only those keep saying the end of crypto is near are those who are selling st a very low price and got rekt. This is their way of saying I lose. But not all people are like them there are still who enjoy the market down and buying all those who are panic sellers. Anyway, for me I will hold it until the storm finally calm and able to sell it on a good price and not just for the sake of losing value.

That's just FUD news that keeps circulating and I think bitcoin will be useful in the future maybe as long as if investors need it, at a time like this there is a lot of manipulation going on here we don't panic when the downturn like this do wisely and start investing with low prices I'm sure at a time like this many will have bitcoin prices are the lowest prices and some altcoin in your portfolio.

It happened before, bitcoin crashed several times because of this kind of situation, examples are altcoin bubble burst and also silk shutdown, well not only that stocks are suffering too so I don't see any issues why bitcoin won't recover after this. Well, in my opinion in time, crypto will become the solution for financial problems for everyone around the globe, not by profit but I mean, the use case of it

very appropriate for today we better stay at home, and to meet our needs, we can use a delivery service to our homes. Because making money using crypto in my opinion is quite useful in this situation, so cryptocurrencny technology is very helpful.

When this pandemic will be fully controlled those who have been leaving the market will try to buy back again. It's not so stupid to exit as long as we are not fully exiting from this market. Yes we have been facing so many difficult times but this looks like the worst situation that even faced by crypto. 40% decrease in a day and another 15% for the next day. I hope this will be end soon.

It's better not to sell all your coins that's what OP is talking about, many left because they believe it's the end for crypto but those who've been around for long understands that it's normal to witness this kind of market we are facing presently

For those who said that it is the end of crypto industry will thats not true, because when I started investing in the cryptocurrency particularly in the cloud mining the price of bitcoin at that time was only $250 -300 dollars but if we compare it today it is $4600 that was a huge difference comparing before. I'm just trying to establish that the market size of today is still big to end like this, thats why I presume that this is only a temporary market downtrend partly triggered by the Covid-19 global Pandemic scare. and it will be normalized soon.

The market is in bad shape but those who sees this is an opportunity are buying everyday of the BTC all they could have. There were people I saw in the news that corona isn't really a big threat to the markets, there are more contagious flu stronger than Covid but are not really hyped by media to make people panic and what they are saying is that this is a planned attacked.  Don't be fool but don't also buy BTC right now because they are doing their worse yet.

We should definitely avoid the unnecessary and false news these days we all have seen this kind of bad market conditions in the past. Almost every people who are involved in crypto understands what is main reason of poor market condition there is no need to be panic just keep patience hopefully everything will be on right track.

The current development of Bitcoin is much better. And if the price of Bitcoin rises and falls!! It is very reasonable. And I don't believe the news that says Bitcoin will die. It is not demonstrable because until today it still continues to live.

Currently, Bitcoin and Altcoin are experiencing a very significant decline as many people panic about the spread of Corona's disease. If this Corona disease is gone, I think the crypto market can recover again. My suggestion that a drop in crypto-asset prices is a good time for us to buy a coin at a low price and not get out of this job.

LOL  ;D If people are saying it's the end of crypto then must also say that it's the end of the world because that's what it is all about if they are making these judgements based on the coronavirus pandemic situation. There is no other reason for the crypto market to go down like this. Even the3 stock market was not able to handle the crash and had fallen sharply despite of the centralization the stock market has. Yet the market is going down but there is nothing to worry about. Crypto has faced bigger crashes than this and has still recovered. I am pretty sure crypto is here to stay.

coronavirus is not the reason of the dump. the reason is human fear and panic. in fact, there are many other diseases worse than coronavirus but people do not create such a panic because of them. Now, this is all a well-conceived marketing move. Bitcoin will live no matter what happens. if it falls even lower I will look for money and buy. my main mistake was that I did not predict such a strong fall and now I have big losses.

It is right time to dare not to be afraid, Those who do not lose courage, they succeed, just keep courage, everything will be fine.

even though the coronavirus pandemic might have a great impact on the price of crypto due to panic sales but nobody expects to see the bitcoin price go below 5k. This is another evidence that the price of crypto can go any side. The same coin that went 9k a few weeks ago. I strongly believe the coronavirus is not the only factor responsible for the dump but let us wait and see. The first clinical trial result of the vaccines to treat the virus will be made public soon. hopefully, it works fine

This is the same way I have thought, severally BTC has gone way low,I think this dip is indeed another opportunity or start for many to own some BTC,I actually don't know what is behind the dip,if it's just the Corona virus or another factor,but I believe sooner than we expect,we will sing songs if happiness as long as we don't sell off.

I think no one should be so scared to exit crypto currency at this time, because in my own opinion this is not even the bottom yet.
There have been several existent bottoms, which never killed bitcoin.

As a trader, investors, bounty hunters, airdroppers, or ethusiast, theres a need to find out informations by researching and learn not to fud or fomo

if you have more money you should use it to buy some cryptocurrency, whether it's bitcoin or altcoin, investment like stock is also good in my opinion because if corona has removed everything will move back.

The dip was so huge that it knocked some people off their guard, especially newbies who had to sell at a loss not knowing that you don't loose until you sell off, but for people who believe so much in cryptocurrency,many are using this opportunity to fill their portfolio with ALTs of their choice.

Yeah i know everything will be back to normal soon it may take some weeks or months but recovery is going to be here soon so basically it is once again a test of patience for the hodlers, in one sense it is good because we are going to get rid of all kind of weak hands and panic sellers and after that im expecting that market will make a straight move up parabolically especially after corona is controlled.

Some guys(whales) are abusing the situation of spreading FUDS and placing a short orders on leverage trading or futures and they earned a lot is this situation. I encourage everyone on futures to try in your own risk it seems manipulated right now it is better to be on spot trading so you can HODL how long you want and avoid being liquidated.

You are right, this pandemic disease did place a dent on virtually every life activities out there. When you check other investments options, you'll discover that cryptocurrency market is just one out of many affected markets out there. This is surely the time to stock up portfolio as the entire market will rise just like always besides, virtually everyone is currently in loss due to the downtrend, so why would you just sell now and loose your assets due to fear and panic? 

Some people won't learn ever in their life, it's simple! From 2009 to now, Bitcoin price dumped many times and every time after a certain time, it bounced back! As you said, some people are buying Bitcoin and other reputed coins as much as possible! Even one of my friends selling his smartphone to buy Ethereum at 90-100$! And yet few people thinking Bitcoin will be zero! I stop bargaining with those types of people because they will remain a noob forever!

I sell when I wish to sell and if I feel the best thing to do, perhaps to keep safe is to sell, I will do that. The decision most times should lie in our hands. Even amidst the Coronavirus, te market might still rise again. That makes it to be independent of whatever comes up and is affecting almost all parts of the world.
This is bing attached to crypto, to cause more panic, which is why te market might dump more and there are people who are ready to buy now because they know that at the long run, they will make their profits, which might be huge.

WHO officially states that this is a pandemic (read this (https://www.who.int/dg/speeches/detail/who-director-general-s-opening-remarks-at-the-media-briefing-on-covid-19---11-march-2020)), in recent weeks there has been a significant increase in the number of cases and countries affected. This pandemic has an impact on all aspects, which is quite pronounced is the economic aspect, lockdown in some countries and places make everything in a "limited" position. No wonder the stock market, oil, etc. experienced a drastic decline, as did the crypto market. Whatever happens, believe that this is only temporary, getting out of the market is the best way to avoid the increased risk of extreme market changes. We know that this makes the atmosphere of crypto worse, the opposition will definitely say that bitcoin is a scam and die, in fact, this happens in all economic markets, we have to be wiser in receiving information and keep learning.

According to the site - https://99bitcoins.com/bitcoin-obituaries/

Bitcoin died 380 times, so are we still afraid on that? Every time bitcoin dies it resurrected to rise again, so it's just about faith here, if we have no faith anymore, we can dump and forget about bitcoin, but I am pretty sure there still a lot of people who trust bitcoin and they will be the reason why bitcoin should pump in the future.

This pandemic is just one of those hundred reasons why bitcoin died hundreds of times. It clearly shows that bitcoin will rise up again and again no matter what the challenge it is facing in the market. People who are sticking with crypto will reap the rewards and not regret for staying. I guess most of us are already over with the panic mode whenever this occurs to crypto.

true, opportunities like this should be taken advantage of by buying some bitcoin or altcoin, prices like this have happened several times so don't ever panic, if you panic is not the profit you get but you will get a loss from the panic about the current price situation

People who say this is the end of crypto are people who want to take the opportunity to buy more Bitcoin and other altcoins. Because they only want crypto to be at the lowest price.

many FUDs were disseminated about the effects of COVID-19 Coronavirus which made BTC worse off.

This is a good opportunity to enter the Bitcoin market, many large investors take advantage of this situation to buy some Bitcoin and save reserves to anticipate Bitcoin falling deeper.

To overcome this problem we as crypto users must be aware and not get involved in spreading FUD news about Bitcoin, we must be able to filter out the right information and information that is merely aimed at influencing the deteriorating market.

Before we engaged ourselves in crypto we must be prepared for the worse situation like this. Its not unusual to see the price plunge because it also happened in the past. But like what op said, btc managed to recover though it takes time.

Thats why crypto investment is good for long term holding because we dont know until when we're going to wait before we can see a price increase. One thing is for sure only investors who have patience to be firm in holding are likely to earn huge when the time comes the market turn bullish.

The current price decline, in my opinion is only temporary. The government must work hard to find a coronavirus vaccine and the market will recover as usual when even the halving moment approaches will make crypto prices go up

I see this as a big opportunity to get many hands on more coins that I never had simply because they are too costly but now that they are cheaper this season won't last long, many will be buying and once coronavirus is defeated those who make the hardest will gain alot

That is true, those who lacks knowledge of the technology behind this space are quick to say Bitcoin or rather cryptocurrencies are dead. Starting with Bitcoin, it has passed through worst case scenarios yet it is still here with us, withstanding all things and coming out strong. Just like you pointed out, it will be of no sense to listen to those are just for quick profits; it is just a matter of time for everything to come to normal as every government is on the verge of getting a cure. Also, most people are already setting buy orders at different price intervals for their desired coins.

Are you saying you sell off your coins just to stay alive? Where are you from if I may ask? Are you in china right now? What OP is trying to say is not to sell your coins because many are saying crypto is dead, crypto is not dead, once coronavirus is over those who refused to sell will make good gains

I agree with OP, it's stupid to exit because you are like getting panic also, I learn from my experience that when you panic in investing, you are likely to lose, therefore I will never exit at this time because in the first place, I am here for long term and I take advantage on opportunity like this.

Keep holding, its our best chance to make fortune investing in crypto and let the weak hands dump so it would be bought by people who trust which would only make this market stronger as it goes.

They fooled themselves many times as well.
Some people just appreciate crypto during the bullish season and then leave when they saw dumps are coming. Quite to think that they are just taking advantage and having good times during that time. They are so-called passing customers, anytime they will leave if they don't like the market trend and most kinda a panic seller. We can't expect support from them nor we think that they can help the market to recover but instead, we can expect them to ruin the market image.

But crypto follows the stock market. Stop pretending like crypto is 'safe' and somehow immune to tribulations because it's clearly not.

Yes, that's right, those who are still patient and still keep coins in their wallets, obviously will get a lot of benefits after the corona virus can be overcome by all countries, because until now all countries are dealing with this virus outbreak, so still calm in the current conditions.

Don't listen to those people. This epidemic cause a serious downfall to all the economic sectors. It's not only in crypto. We are seeing a natural disaster and it will clam down in time. The scientist is trying to find a cure so no need to worry. I think its a very good time to invest in the market and fill up the bags a little bit before it's on the bull run again.

What do you mean Bitcoin died several times before?
Dead means zero value and totally not usable, and I didn't remember Bitcoin has become like that ever since.
Also, the corona virus wasn't the only reason why the market fell so hard. There were no direct correlation between cryptocurrency and the pandemic, but It still has it's slight effect when the global market is falling.

The dump was caused by the plus token scam and dump and followed by the panic by the covid-19, causing the price to rapidly decline. Nevertheless, this is an opportunity to buy. Once the marker recovers, it will be a guaranteed 100% profit.

I don't know why they people tell that it's going to end and I'm sure all of us are aware of this kind of market which sometimes we will experience bearish market. We can't blame them if they going to exit now because sometimes they totally need money especially right now we have been facing this pandemic. If you going to exit now and it's because of a sudden maybe you are not suited for this kind of investment and you simply have a weak heart which you can even handle this situation.

The best option that we can do right now is to hold our coins and just remain calm. Don't ever get panic because you just see the big dump on the market and always remember it's normal to happen. Kindly just use this opportunity to full our bags with the best cryptocurrency.

We don't know when, that is why people are panicking because as long as the virus is not contained yet, there is a big possibility that the number of people infected will continue to rise.

That's their job and I also believe they'll find the solution to this problem, the economy is down even with this short period of time only, how much more if it will last longer, we can't be quarantine forever, we have jobs, we have business and we need to operate.

Bitcoin dump because of panic, that's it, when panic is over, its time to celebrate especially those who take the opportunity to buy.

All right, why is crypto following the stock market? Does crypto and the stock market have a dependency or mutual support between the two? because I have also seen one time when the stock market began to rise, the crypto market also rose.

This virus is affecting many activities, disrupting meetings, conferences, businesses and so on, it is not only the crypto market that is affected, every other market is feeling the impact be it stock etc so it will be really funny if someone believes what people are saying about the end of crypto etc. To start with, the crypto market didn't just boom in one day, it passed through various phases before becoming so valuable and thus has come to stay just as it has been doing before now; the only thing is to be patient and calm, do your best, be safe and allow the market do the rest.

I have seen many issues in the last 3 years in the crypto market which had an impact on crypto price and every time prices declined and after few days or months it recovered. Now coronavirous is the latest issues and this issues is now world wide problem, it tend the world economy into bad situation hence crypto is passing bad moment. We believe this effect from crypto market will no more after few days or weeks. I am not fooled, so i will stay on crypto.

I completely agree with you, but unfortunately, because of the corona virus, a lot of people panic and start to withdraw all their money, and because of this, the cryptocurrency market is falling, but it is clear that the cryptocurrency market will soon begin to grow again.

In a way, we can partly blame it on the Corona virus pandemic, the disease has affected many activities   across the globe and not just the economy. We can always have problems or factors that may affect the crypto market but I think Corona virus is the main cause at this particular point in time.

People only prefer or care about what's happening presently, this type of people are those that are easily drive by present market condition, I called them weak hands, Coronavirus is not enough to cause panic, I don't know why many dump because of it, I've even seen where some dump and Coronavirus is not present in their country yet

I agree corona virus might have impacted the crypto price but it doesn't mean that's the main reason for this serious downfall. BTC price has crashed very badly even this week which had a incredible start by the start of the year, again some huge political tensions between US and Iran apparently gained fears and now this corona virus has impacted a slump in the market. However let's believe the price of BTC will show some positive signs before halving.

In the crypto world something like this is a problem that we have often felt, up and down the price of Bitcoin and altcoins have often happened but for those of us who are good at getting things done, will not go out and keep looking for which coin is good for We invest in the future, rest assured the Crypto world has always surprised us that we should be prepared with the current state.

coronavirus is a global hoax hyped by the media, probably in order to collapse markets and create controlled chaos, but bitcoin falls because investors do not trust and withdraw money from risky assets, it is very difficult for me to imagine what will make people buy bitcoin if there is gold.

It is just their own opinion and let them believe on it. The important thing is that you must not be affected by those here says and you know what information to believe with. If you are already have been enough time working with cryptocurrency, then you have already seen that every year Bitcoin and the whole cryptocurrency community is undergoing this stage of having a great downfall but still in the end turns out to be bouncing back after the problem that causes the downfall has been resolved already. It is just a matter of time before that thing happens but still cryptocurrency manages to recover from a great loss. It is just that if you want to stay longer in this industry, you do really need to have a strong mind to be able not to get easily believe on something negative being said towards Bitcoin and the whole cryptocurrency community. It is still best to do the researching on your own and secure that the news you have came from a reliable source so that you will not be put into panic. It is obvious that we are currently facing a tough problem in front of us and I do believe that this will end in no time, talking about the virus in which I do hope the cure is soon to be discovered and the price of the cryptocurrencies will soon to rise up once again after this struggle brought by the pandemic Novel Coronavirus 2019 to the whole market as well as to the whole wide world.

The rumours about the death of bitcoin is really spread about by most crypto newbies who just joined this investment industry with the aim of making riches day night. They easily give up once the market dumps but for us who have been in this industry since its beginning we know when to take profits and when to hodl. cvbh

for a beginner who is new to the crypto market, of course, in conditions like this and they get bad news, of course, they will panic and immediately withdraw their money. but when the market recovers I think those who have withdrawn money from the crypto market will feel sorry for not having more assets when the prices are very cheap.

You also need to add those experts and whales who are good in analyzing and creating artificial movement. People who are good in playing with every emotions most traders have around this industry, There are people who are still scalping and still gaining in each market trends that showing around.
Best to invest if you have good knowledge and you are willing to take the gamble of from your fate, whatever happens decide according to your
own assessment and observations.

Crypto currency is also just a money and it supposed to be spend on conditions like these but people are getting afraid is the wrong thing which made the prices to fall down extremely low but nothing to worry because we are seeing more worse conditions on traditional stock markets.

Whoever is spreading rumours that it's the end of crypto are the same FUDS who buys Bitcoin like crazy in FOMO when the value pumps and they are the panic sellers as well. It's better to avoid these baseless suggestions as crypto will not end and we have seen numerous fluctuations and this is one of those due to Corona. If we cannot contribute positively atleast we need to stop displaying it in negative lights. We should start reporting such topics to avoid further panic.

This is already expected to happen that anytime the market will crash again due to some hypes and the fact that this crypto market is highly volatile. Even without corona virus, bitcoin will still face its bearish season and this is a great opportunity to accumulate more bitcoin aside from holding them. Just don't panic, face the reality about crypto investment.

Everyone has their own perspective in evaluating the world of crypto, especially bitcoin. This perspective is based on the knowledge possessed, so it's normal if there are some people who say BTLC is dead or bubble or Ponzi due to extreme decline a few days yesterday. We, who have understood this ecosystem, should be able to understand that and act wisely. Do not be provoked, as much as possible ignore it and if you can give a correct understanding, if not possible then just ignore it, only waste energy when arguing with people who do not fully understand, right?

If you're correctly investing and you haven't spent any funds that you might've needed to use for a situation like what's going on with coronavirus right now, there's not much reason to sell now especially when the markets are so volatile and panic is widespread. Nobody knows where the markets are headed next, but selling or buying based on emotions is rarely a good thing to do. If you're looking to accumulate coins, dollar cost averaging now is a good place to start while things are so volatile.

the worst time for all crypto market and stock market also due to coronavirus outbreak it has impacts all over the world and it has become more worst day by day,  so it impacts more for crypto market.  so better to understand the situation and hold the crypto, I hope we will get a solution for coronavirus very soon and crypto market going to bounce back soon.

I think its not about being fooled or not. Some investors/traders have different plan to manage their asset. Some maybe need to close and comeback at the right time. It depend on how we follow our plan.

There are times we can say that market has been drop some prices of coins because of they said corona virus maybe it is true. And yes bitcoin we always seen die not only once its so many time die already but bitcoin recover always. We saw now bitcoin drop the price but not totally drop it can be recover again, Ill think it will take to long to be back to the price that we expected for.

Well maybe some people lost so much assets because of corona virus and they just play safe. From other perspective this is a good chance to buy BTC or any ALTcoin right now because the price is lower. Bitcoin died many times and i believe it will recover again soon or later.

It just people had to make their own decision which also could help them in return. If that selling their crypto assets could help them, then why not. We should have to think wisely and understand the word HOLD will matter a lot but something we have to think also the situation and not just being fooled because someone says it. I believe that those weak hands are leaving crypto by now and that is their plan either when the situation goes like this..

This can a plan to dump price to buy low Bitcoin by real investor. People just wants to everything is safe even crypto investment, some investor sell their coin. But Corona virus is split by using physical  cash why don't we use digital currency to make any payments.

I agree with you, this is also one of the reasons I remain in this forum and work in the bounty campaign. because even though in the last 2 years the bounty feels very bad, but I am always sure that there will be a time when the bounty will rise up and get a good and profitable return. When this corona virus issue, the market crashed and everyone said it was the end of crypto and bounty, but I just thought otherwise.

There's a possibility that the corona virus epidemic contributed to the fall in prices, but it's not the reason for the fluctuations in the value of Bitcoin. The cryptocurrency industry is highly volatile, so prices swings at their extremes and people who are impatient could make drastic decisions.

Well, you were indeed right. At this point when we have to stay at home because of this corona issue and we dont have any income, selling at loss to buy necessities like foods and medicines is not a stupid act. There are still people who needs money in this situation and have no choice but to cash out their bitcoin in their money. Our sake is more important.

Just think positively and we can still buy bitcoin when it will dump again. But for now, those who can't hold longer to buy their primary needs can't be avoided.

who are those who making good choices ? i think only few who are buying but many are selling . selling is thier way to make a good choice because they are panicking and cant foccus too much on crypto . people foccus on thier life on how thwy can save thier self from the threat of the virus but people like you might not understand thier decision and call it a bad decision . some says the virus is not also the reason of the drop while many link it including me . id say btc can be termed as dead thesedays due to its value compare on the past were its value is higher than 8-9k usd

Yes, everyone does have a specific plan and a general plan, and at a time when most of the investors and traders are carrying out their specific plans rather than the general plan, because they also want to make a profit and don't want to lose their assets just like that, so take advantage opportunity as well as possible.

One way or the other, the market is bent to be like this, history keeps repeating itself... We have seen this many times in the crypto space. Corona virus is just a way of affecting the market at this time. So I will say it's normal for the market as always, but this time with the Corona virus out break. How you handle your funds is then up to you. Sell or hold.

The virus won't last that long, Trump already said on news that the vaccine is found so it's only a matter of time and everything will once again return to normal, i refuse to sell my coins and token since the virus never get to my country

I don't care what say bitcoin scams, bitcoin goes to zero or anything negative because I've known crypto for a long time. Not only crypto is down, the stock market has also decreased. The exchange rate of the dollar if converted to a country's currency is increasingly rising, which makes the economy more chaotic. But I still believe that bitcoin will rise in price someday.

There are two only good decisions to make at the current situation.

1- to hold your coins, be a long term holder.

2- to accumulate more while the price is very cheap, everything will be back to normal.

I think ideally it is wrong to think or assume that people or investors are exiting the crypto space.
Different individuals are experiencing different circumstances at this time.

While some peeps are selling off their portfolios to get preventive tools due to the corona pandemic, some have more than enough funds, so they spend on preventive tools and also buy the dips.

Bitcoin is on the road to recovery, and the cure to the  pandemic will bring a cure to all

I know the virus was unleashed to cripple stock market on purpose and it's successful, the only thing left now is market recovery which will start any time soon since the vaccine for the virus is detected alteady, I suggest we keep our calm now

Totally agree with you. I think it's perfect time for those people who are always hungry for profit. :D Stupid people are joining in panic party and this the chance for everyone who want to earn huge amount profit from invest. Market is much down than people thought and this is really big opportunity. And i am tired to talk about those people who thought btc scam or dead. :D :D Just ignore them who has no idea about crypto currency.

Maybe one of us are now scared on what happen to crypto it will be affected to low of price or not. We need to be postive always and hoping they recover again than blaming the thing that would not know the cause. I dont think so if this will be a time for us to buy a BTC or altcoins maybe the people will be decide if they buy or not.

At first, I didn't believe that this virus will create a big impact in crypto world but right now I can say that you are right that this virus really affect not only the global economy but also the crypto world. Especially those country that impose a lock down in their area, many people will go panic buying and withdraw whatever money they have.

And for those people that owns a crypto, many of them will surely sell their holdings just to support their needs in this time of crisis especially if they have no other options. Only big whales are not that affected in this crisis as they have extra money to support whatever responsibilities they have to settle either in their employees or on their families. But let's just hope that we can cross this crisis and the vaccine will be successfully develop soon so we can expect a good comeback this year as we are nearly in the bull season. 

Well i agree with your logic but The most recent PlusToken transaction (https://cryptopotato.com/the-reason-why-bitcoin-price-crashed-500-plustoken-scam-moved-another-13000-bitcoins-worth-118-million/) was on March 8, 2020, when 13,000 Bitcoins worth $105 million made thier way to be dumped on the market. And i think that what sparked the bear market and covid-19 worked as the catalyst.

Yeah exactly, I agreed with you.  Irrespective of any disease, rising and fallen (instability) has always been one of the characteristics of crypto markets. I am not completely ruling out the possible impact of the pandemic on the market. But we need to understand that, it is not the major determinant.  Crypto markets has a lot of forces controlling it besides any disease outbreak.

It seems like you are a bit pretentious about the virus that is circulating at this time, if I may know where did you get the news that the virus that was released at that time was to paralyze the stock market on purpose? and how do you know that the market will recover in the near future?

You're right Bitcoin has died many a times but it's still alive today. People should not give up yet until its over the market will recover and this pandemic will be over someday. Always remember halving is near and anything can happen to Btc price and the entire cryptocurrency market.

The funniest thing is people who were too coward to hodl on/buy more btc on the dip are going to lose more value than those who did eventually invested in "dead" bitcoin.
Crypto is a growing field so macro mistakes and some problems could be overgrown relatively easily

That sudden drop of Bitcoin to 3600$ is a big opportunity, now many of those who took the advantage are already in big profit and even if they hold longer it's still larger profit, I missed out on the dip though but it's not the end, more opportunities incoming

Spending years in crypto space I've come to understand that crypto will always go up and down, it's the way things are with crypto, so I don't expect you to lose it when people tell you that's the end for crypto, it's never going to happen unless you invest in scam projects

You are a little wrong in seeing the history of bitcoin, because since Bitcoin was discovered in 2009 by satoshi, Bitcoin has never experienced a single death, and tends to grow well until now, so you are a little mistaken if you judge bitcoin to have died several times just because of the decline prices that occur in the market.

The reason why he's said that bitcoin have died many times is because many thought once it's in trouble its not going to prevail, look at what happened when bitcoin it's 3500$ days back many already spread the death of Bitcoin on the internet, even on here

Yes, maybe the coronavirus affected the crypto indirectly. The most impact is on the physical economy.
For me bitcoin did not died several times. It just dumped and see it still suprises us with sudden rise. Some might said  "it is the end of crypto but see crypto is still here. Believe on what you see, a strong coin. Just let them tell what they want. Do not be fooled.

Of course it did not died, but people are just overacting calling bitcoin dead everytime there is a huge dump, and that is the reason of the panic.
While the newbie are panic selling, the whales are just waiting for the right dip and they'll buy right away so they can take advantage of the weak hands.

many people say like that maybe because they don't really know crypto and don't know how the history of bitcoin is or maybe they are traumatized because they lost a lot of money here

Well yep, every time crypto market is dumping, people will panic and shouts cryptocurrencies will end. I don't think cryptos will end because of this bad situation that we faced, I'm sure people will use digital money or cryptos instead of fiat, it is risky if they using fiat because it can contained the corona virus.

I agree with you. I think the dip in the crypto prices in the market right now is largely due to the effect of the coronavirus affecting almost all countries worldwide. Traders and investors are more concerned about their welfare than focusing on cryptocurrencies. I bet once the situation becomes controllable, the market will be able to bounce back again.

Absolutely agree with you, Corona virus has caused the market to collapse as it is now and even it affects the entire economy in the world. I fear that if this situation continues to occur, this market will collapse more heavily than before. Right now we need to hope that this epidemic will end as soon as possible, and not too many people will die in the future. Since then this market can develop

I agree with you. Many people just panic and don`t understand what they do. Crypto technology is one of the most potential and market will recover sooner or later. My strategy is holding and I recommend everyone do the same.

It has not died many times, it has only been proclaimed to die many times,,, and in the same way it has lived many times and become god, as proclaimed by so many bitcoin prophets (remember McAfee remember Woo and whoever) all who say BTC will become 100k or 1 million or whatever in one or two years. These guys were spouting pure nonsense.

Bitcoin keeps on crashing then getting back up again, just keep doing the same thing over and over again. There's nothing new with that, yet people keep saying that "bitcoin will soon die" or "this will be the end for bitcoin" but it still recovers and even pumps up again contradicting the speculations and predictions of such people.
Yes, the current crash in the market is/maybe caused by corona virus because of the panic and urgent need of money of some people but as soon as this pandemic ends and everything goes back to the same shape as before, the market will do the same. It will recover too just like how all of us recovers from this crisis.

This is not the end just in bad shape, this is common and corona can be one of the reasons for the decline this time.
and what goes down goes up.
After this crash, we may see a higher climb than before.

 actually there are experts that sometimes says negative words on cryptos but im not gonna get affected with what they say same as when some random people claims negative things pertaining to crypto  . as a crypto enthusiast i know if what is happening now  so no reasons for me to be fooled  .

 its not about being fooled or whatsoever but i see many people are taking a break for a while on crypto to help thier comunity to fight the virus   .

Coronavirus needs to go, we should have been at probably 12k per Bitcoin right now but the virus have ruined everything, although It was a big opportunity to buy at cheaper price but the damages is growing every day and that's not good at all, crypto won't die but it's bad for crypto now

The economy has stopped in most countries. People will probably lose their jobs because of that. I am not surprised at all these people succumb to emotions. The situation on the markets is difficult and bills have to be paid. Everyone is trying to secure themselves for a difficult time. Not everyone can hold now.

If anyone says crypto have entered the final round it is a very stupid assumption, the proof is that until now crypto still survives and exchanges in the market are still ongoing.
The corona virus has given a negative aura to the crypto market, but traders should not worry about the current market conditions, what happens now will definitely end, and only people who can take advantage of the situation will smile when the market gets better.

In the actual fact, the rapid spread of this corona virus is greatly affecting the market in one way or the other. A lot of countries have started shutting down and cancelling various conferences that could bring about the gathering of much people. In this way, several decisions that could have been made and steps that could have been taken to support the uprising of crypto market price are being altered.A lot of people are also in panic not to invest at this time with the fear that they could suffer a great loss. As a result of this,the crypto market itself is suffering from low turn out of investors thereby making the market stagnant.

Agree, bitcoin experienced a lot of ups and Downs but still alive.. We can never put bitcoin down.... Some countries already suggesting of using blockchains as a way of transactions today due to the corona virus pandemic to avoid more contacts and spreading of the virus.... And because of this, a lot of countries consider bitcoin as a way of communicating especially fast transactions now... Better, we start to adopt it..

You cannot just bluntly say that people shouldn't withdraw their funds during this pandemic. The first issue is to make sure that you have enough funds in case things go south.Also nobody wants to see their wealth erode . That's the reason why people are converting the holdings to cash and expect more downturn.

Yea let's just keep buying and enjoying the small growth for now, I think it's going to take longer for Bitcoin to reclaim the 9,500$ once again, might even take months but since Bitcoin halving is few weeks away, miracles can still happen

It isn't just of a miracle but we have to do something in order to give help and brought the market into its total recovery. People have to think wisely before making a decision and should also have to look for the future not just of today.

We've been hit by a strong force of panic selling due to coronavirus and the market crash but we haven't thought that this would put an end to the crypto world. Some people being doubts but more people are still in the fate that is why the market not really get into the bottom but rather to hold above $4k. These instances make others think positively all the way and not being held negative and questionable beliefs toward crypto.

I have seen a lot of people say what they believe has caused the price of bitcoin to fall but I don’t believe all that, though they were all trying to make points, but I still know that Corona virus pandemic is the main issue here. One person said it wasn’t coronavirus but due to the announcement that quantum computing has been discovered, then he tried to link it to what happened when the first announcement was made.

I have also seen others that said it’s due to one scam project and also because of millions of dollars that were pulled out from the market. With all that said, I still know that coronavirus is the main cause of the fall. Cryptocurrency market isn’t the only market that was affected by the pandemic.

Yes that's right, this virus is not making things easier in anyway rather it is making countries to make tougher decisions. Now back to the cryptocurrency world, just like the virus is affecting the entire world it is also doing same to crypto as it is also piloted by humans. Also, I think most people are exiting trades or altcoins they don't trust for Bitcoin, stablecoins or other potential altcoins but saying that Bitcoin or the crypto space will die is a funny thing to say; Bitcoin has seen many bear markets and yet it survived all and still standing till today.

I like the last part of your statement,. It is because we allowed it to affect crypto, that is why it is affecting it. Yes, this might be unavoidable, but our approach to it matters. We got scared (maybe I am not one of them). which is why people started selling their coins cheaply and we say the market has dumped. We dumped it! If we want it to rise again, it can. However, the COVIC-19 pandemic will one day be over and everything will normalize again.

A lot of things will consider as the reason for this declining sentiment but, whatever it is I believe we can still surpass these struggles.
More people link into coronavirus because it actually declines started when the situation becomes pandemic. May we say it was just a big coincidence or not but we have to clearly understand that the market is volatile and unpredictable, nothing we hold in order to be on the price of what we want to.

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On the other hand, these changes still are nowhere to find what it causes a lot but we don't need to worry about this. It all be to resolve. Were seems not to be hopeless, in fact, the market started to move upward, this is a sign for recovery.

In my opinion, the most important thing right now is not to panic easily. Prices will fluctuate but if we plan to invest for the long term, I don't think we need to panic let alone sell our portfolios cheaply because the market will recover

Thank for the advice, but there's always a big opportunity on every down market situation like this what's happening now.

News that the end of the crypto I can not believe. I have been several years in the digital currency industry. From 2018 slowly the price of cryptocurrency dropped. However, Bitcoin is able to survive and even the coin price has increased. Many people choose crypto for a place to invest because of its high price to pump (especially Bitcoin).

Even with the spread of Corona viruses that negatively impacts the crypto industry. Bitcoin suffered a sharp decline but Bitcoin was back pumping in just a few days after the decline. I think the public interest in the crypto industry is still very large.

A silly reason if someone leaves crypto just because of the VirusCorona problem! but if someone knows before the corona virus appears there are even more frightening things like swine flu in 2008 and in fact can be cured and world activities are back to normal again.

There is a difference between people who sell their stocks because they are afraid that it will go down a lot more, and people who sell it because they need the money. Same goes with crypto. If you sell because you think the price will continue to go down and you want to get out before it reaches the bottom and buy at the bottom, that is a wrong thing to sell bitcoin for and I would suggest otherwise.

However, if you sell because you want to be in cash for when you will need to buy stuff and so forth, that is actually quite a good reason to sell bitcoin and frankly the correct use of buying bitcoin as well because you should buy bitcoins on good days just in case for bad days like this so you could get a decent return and safe keep your assets and use them later on bad days like this.

I don't want to exit from crypto because i think the market will come back to normal again.
It has happened many times that bitcoin and crypto price was falling and then come back rising.
Lets just wait and see, the new all time high in cryptocurrency market price may near.

It might take another months or years since we are still experiencing concern problem with this pandemic virus and people still panicking on how they'll be working with their investment. Though it's tough to tell whether the market will rise high or it will continue plunging down make sure to always assess to yourself if you are truly believing with positions that you are taking side with.

Even without being told, one is meant to know as the signs is everywhere. This deadly virus has brought the world to its feet and thus the crypto space isn't left out. Also, it will be unwise to exit because of this situation on ground as it is not even better anywhere. So I think it would be wise to stick around, hold your trusted coins and also hold fiat as well since there is no mass adoption yet.

Only one country were able to fight and win the battle already, other countries are still struggling on finding ways to win the battle.

China's economy was okay while others are down because of the pandemic, so this is really serious, we need to hold fiat to survive but at the same time we also need to look at the opportunity in the crypto market as its been very strong not to dump, so expect a good movement in this kind of situation, be bullish in crypto while worry about fiat and your government.

I totally agree with your statement. There should be always big opportunities down the road on every down market situation and we should know how to deal with it accordingly.

It is not stupidity if someone in need were to sell or to exit their investment in this pandemic. It is being smart enough to choose between holding and providing needs. There are people who lost their job and cannot provide enough money for their daily needs, their only choice is to exit.

Yea,indeed bitcoin died severally,yet it lives on, so many panic over times they should seize opportunity to make profit,yes indeed the Corona pandemic really caused a whole lot of panic to the crypto space yet some seized that opportunity to buy cheaply , no matter the disaster,crypto will survive just a matter of time.

True people could seize this chance to invest in bitcoin. Many users are in panic about this circumstance happening and also claims that bitcoin has died. Let us not be fooled easily price may suddenly decrease and increase because of its volatility. Price may recover in time and keep in mind that market is unstable.

Weak hands will shake some people off from crypto investment but smart investors will never leave, it's easy to lose in crypto space only if you don't learn from your mistakes, you can lose and earn more back, do not quit because of what people are saying, they never understand how blockchain works

Yes, I think you are very much correct to say that because it's the truth. Cryptocurrency and blockchain technology has really come to stay,no matter the situation it will survive the test of time. We will continue to promote crypto to the society because it's beneficial to society

Only those who are good in taking the risk will afford to maximized the profits. It's really hard to stay if you are witnessing how your investment
are falling but if you have knowledge and you understand everything, it's not hard to keep holding or if you still have spare money invest more
as you know that the chance of rising back is always present to this business.

The emergence of the corona virus also has a good influence on the cryptoqurrency market. You can see in the Google search engine that online jobs are needed. especially cryptoqurrency, has the top percentage in Google searches and this shows that the rate of crypto adoption is increasing.

if crypto market in red colour i think, thats could be the best opportunity to buy more a good and reliable cryptocurrency
and i believe crypto will stay alive

I also agree with you if crypto will stay alive because until now I still haven't found any information about the death of bitcoin. falling prices are something that is common even in business

I don't think cryto will die, because cryto is a good investment alternative for now, and now more and more cryto projects are popping up even they are competing to provide facilities for investors

It wont die due to many people believing in this technology and discovered the benefits of investing in crypto. So its not gonna happen unless people lose their trust and pull out their money, crypto market will crash. But as long as there are people who support crypto regardless of the status of the market then it will continue to exist longer than we can imagine.

Right! Many people say that the cryptocurrency market is crashing due to the effects of coronavirus and it will end. However, they don't know that thanks to the effects of coronavirus, the cryptocurrency market is expanding. People all around the world are craving for a new way to make money - making money online such as the cryptocurrency market. The cryptocurrency market is gaining its reputation and soon gonna be widely recognized! We can see the value of coins is lower than usual, however, it's just because all of the markets are affected by the global economy (which is not really good right now).

I agree, don't be fooled by what people say bad about bitcoin. bitcoin has already proven itself so many times. in fact bitcoin had a big fall so many times but it still exists and rising up. can be expect big from bitcoin in future cause many celebrities are get interested on bitcoin

You are just either wrong or right, if you believe in bitcoin and the crypto market, you'll never get affected by negative news and FUD because you are confident with your investment, so let them spread some FUD as only the weak hands will be affected, while the smart ones play safe and always calm.

They might be a big help for publicity, adoption is still growing, more and more people will adopt from influential people, popular and the ordinary ones.

who said this is the end?
I think a situation like this happened to trigger the economy that just happened to be higher.
not crashes have occurred several times in the past.
and after that the economy grew up.
so I think now is the same situation when the economy is down, you just need to prepare for a new explosion that will come out soon.

We should know that pandemic does not affect bitcoin,

Even if it was said by many people that bitcoin will end, there is no one who can tell that it will really happen to bitcoin. A lot of people already said the same thing before, but Bitcoin continues to move forward and surpass our expectations.

Is anyone still fooled because of that? How can someone trust so well that the basic and source of information is not so clear. I think this forum has smart members and knows how to digest information and select it whether it's FUD or not. Seeing the spread of news today is very fast and access is very easy, here we need a sense of high vigilance to understand various information. Because that way we can understand information about cryptocurrency and so on.

I've heard that about a million times already, crypto is here to stay and this pandemic have make even top payment companies like Paypal to see crypto potential, some even called crypto a bubble, if truly crypto is a bubble this COV19 would have burst it opened

In my opinion, Covid-19 also has a great impact on this market because if you choose to invest this market in March this year, you will understand why people panic.

Bitcoin price may have risen much higher now, but investors are still a little skeptical. I am still very careful when investing in this time because without a vaccine, the world economy will still be chaotic and financial markets will certainly still difficult to recover.

For some they have doubt on bitcoin when they see the market is in a bad shape and price is fallen especially those newbies in crypto. Even without the pandemic happening those weak hands able to sell their bitcoin and indeed it is good to find ways to earn profit during these times. Although we do not know yet what will happen in the future in this industry as we can observe there are still people who continuously adapting bitcoin.

Corona Virus has instead become a positive trend for Bitcoin and other cryptocurrency, this has been proven from the price reduction and BTC recovery is very fast, so you don't need to worry about the negative impact on BTC

Yes, because basically between Corona Virus and Cryptocurrency there is no special relationship, but only limited to people who used to not get out of the house so they choose crypto for their work fields, this has little impact on crypto at the time that.

It would be your own will and free choice if you would just easily believe of here says of other people with regards to the current status of the whole cryptocurrency itself. You have your own mind and perspective on what is really happening on the market so let yourself decide for what is the best for your cryptocurrencies since you own it by yourself. It is not a foolishness if you would sell some of your coins for the benefit of sustaining your needs specially when it concerns your health. Foolishness is when you just keep on holding knowing that you do not have any more money to spend but you are still eager to hold. It is not bad to be eager on holding but still keep yourself up since you will not be able to use it if ever something worse happen to you like you gonna die because you just keep yourself wasted on thinking to hold more than what you can afford. Crypto holding is important manner specially at this pandemic that others are taking advantage of the break where price can be affordable to purchase but still health is a wealth that is in need to be taken care of. Also, the market that is directly affected by the virus is the stock market which is on fiat so if ever you have something on crypto, you do not have to worry about it. The declination with crypto was just merely affected at the start of pandemic but so far, it is doing so good.

Those people who give up or exit because of pandemic are too worried about their money and don't understand how to invest. Most of them are just people who want take profits instantly and never think about the process. I agree with you that this is actually the time to add more assets with many coins are decreasing their prices. Once the pandemic ends, the market has the chance to increase as Bitcoin basically continues the HYPE of halving effects. Many experts stated that the effects of current halving can be seen after several months or even a year after the halving day. It means the time is probably in 2021.  ;)

With no doubt this market is here to stay and no matter how bad things seems, the market will always bounce back stronger because the technology behind bitcoin is way to good to die off. I think majority of the people that sold off there portfolio are those that needed cash to stay strong during the global pandemic as well those that have health issues. I believe when the pandemic is over and the market starts experiencing a bull sign, we will se lot of the people that left trooping back!

We have different goals and perspective after all, many people see it as a disaster and they are now selling their positions but there are people see this as opportunity to buy more bitcoin that they can hold. I'm a day trader so I do not hold my bitcoins, I use its volatility for me to earn money in just period of time. What happened to the cryptocurrency market is just a market cycle and I think it is normal.

It happens several times in the past few years. Bitcoin still growing and still alive. Covid-19 is  a big risk to our health condition. But it will not effects on how do you trust bitcoin and other crptos at the market.

This shows that crypto is capable of anything, Cov-19 crushed everything in it's path but crypto was left out, it was a mind blowing opportunity for those who still believe that crypto will perform well when Bitcoin goes down to 3600+ in march, I missed that opportunity

This might be the biggest crash over the past decade, whatever goes down it will go back up one day.
not everyone can invest in this difficult time, but when the economy will improve, it will be a very big change.
some people might think more about how to survive first.

True! The cryptocurrency market has been surviving long enough to prove that it will keep developing in the future. Therefore, there is a small chance this market will be dead. More and more investors are coming into this market to prove that the market has certain attractions to people around the world. Cryptocurrencies will be the future method of payment, I will doubt if someone say it will dead!

We can survive in this pandemic, the economy might struggle hard but we are still alive and there's still no food shortage globally, and what is needed is just food to survive, also, we have our scientist working for the vaccine, once it's out, everything will be back to normal, maybe not instantly, but at least we are sure we will recover. The market globally is in bad shape, but good thing the market in crypto is not affected, the effect seems to be good as it's still stable until now.

We crashed as well, but the important thing is that we recover.

Crypto will survive this pandemic and after it's over we will witness a very big bull run, I'm positive about this because within this pandemic period crypto have reached a certain point where it becomes more recognized just because it stay strong in this pandemic period.

There was a saying that goes this way, be greedy when others are fearful, I guess this is the perfect tool in time like this pandemic period, I sees this time as an opportunity, even while the opportunity that was opened in March is no more be prepared for what will happen after pandemic is finally over

That works all the time in crypto as well, I've been following and using that principle that turns out to be my strategy, and I can really tell its very effective as long as you have the discipline.

Absolutely agree..
Pandemic crushed everything but crypto will not die
Pandemic actually opens new opportunities for the blockchain industry in the medium and long term

As Friedrich Nietzsche said, "Something that doesn't kill you, makes you stronger. "

I think that cryptocurrency does not depend on the pandemic in any way. cryptocurrency depends on how much people are afraid of losing their money. Cryptocurrencies are now the safest  payment tool and I think that we will see prices rise when people will become calmer

I don't think the cryptocurrency market isn't affected by Cov-19. To be fair, every market is affected by the global market. However, the cryptocurrency market wasn't affected as much as other markets. In the other hand, Cov-19 brings a great opportunity for the crypto world. The reason is that due to the stay-at-home orders in many nations, many people use their time to look for an alternate way to make money online. Therefore, they come to the cryptocurrency world! It expands the recognition of this market!

There are words written in print/electronic media, especially about Bitcoin/crypto, which can be trusted & cannot be trusted.

It's not that easy to be fooled by some irresponsible sources, at the time saying crypto is the end of everything, basically most people have strong principles and mentality about Bitcoin to come.

Corona, open an obstacle for crypto users in general to stop investing / trading, what we need to do is: buying now a long term investment is better than we think of others who frighten crypto users today.

I have never sold my bitcoins. I have a part of my money that I use for trading, but there is also a part of the money that just holds and will hold for a very long time. no matter what happens in the world - I will not sell my bitcoins

In my opinion, Coronavirus is bad, ok. But it's a good opportunity to find out something really new for everyone, trade more and just have more time with family. In fact, there always be people who don't understand the technologies of cryptoworld

You are right. Those who have a good idea about crypto will never make such a foolish decision. Those who don't have any patience & don't trust Bitcoin will do it. In the days ahead, they will realize their mistakes and will buy it again at double price.

Speculations are based to any possible news, maybe indirectly will make an impact but it will depends from how traders and
investors will take the news and act according to the trend.


Sentiments always depends from how holders react to any market movements.


Not sure what you mean by saying safest, but it can be use as payment tool and if there are many people who will
start using this system expect that it will bring the value to rise up.

   I am not fooled, but I don't agree with OP that market was in bad shape in times of writing this post. It was bearish period, and
bearish periods are common for crypto-market. Now the market is up again, and we have many coins rising in past two weeks. As
you can see there was no reason for desperation, for blaming anyone, it was just a moment when prices were down, but that
doesn't mean that crypto-market is in bad shape or anything, money always flow in and out.

It is precisely the potential for cryptocurrency to become more popular, desirable, and solutions during the pandemic more dominant. because maybe people who lost their jobs could become investors / traders, looking for more attractive places to help increase their income. therefore one of them is the world of cryptocurrency. we have seen trends in various other crypto which are increasing in turns.

Crypto market isn't at bearish trend when corona appeared, it almost recovered to half of its all time high after long time and everything was set up for the bullish trend after haling but due to corona the whole world's economic structure got crashed which caused the crypto market as well but the recovery started very soon from that crash and it was in stable price region for months already.

Indeed, the market is not in the best condition right now. But I think that the market will soon begin to grow, many of my friends on the contrary are now trying to accumulate cryptocurrency, which I buy whenever possible. I think we are now seeing another manipulation before the bull market.

I think so too, because from the history we saw in previous crashes, the market will always improve itself sooner or later.
so we just need to hold on and go with the flow

Covid 19 actually proves that digital currencies such as cryptocurrency are superior to conventional currencies. Conventional money is so badly affected that it causes a bad economy.

pumps and dumps can indeed happen at any time, because the crypto market is also very volatile,
but for the price of Bitcoin it is reportedly already breakout and ready to take off

People never think how bad is COVID-19 affecting the global market and not seeing it crashes somehow. But the good thing is that the crypto market doesn't have a losing chance to grow instead, we are seeing its huge improvement since the lockdown is implemented by many countries. This will lead into more adoption to crypto and that it also helps to open up the minds of the people who were sometimes doubtful towards Bitcoin.
Well, I don't see this will be a reason that conventional currency will die but I see that crypto is taking a huge part in surviving the hard situation we face now.

I don’t let other people’s opinion affect my decisions when I know for sure that I’m doing the right thing. People will say a lot of things and plant fear in you and if you let that cripple you, you will end up with wrong choices and miss good opportunities. Of course I do sell my coins, but that’s when I’m in need of it, not when people tell me to do it.


Yea, some people are avoiding investment because they are afraid that things might get worse and it would be a time when the market might even get bad and they will lose their money.

Crypto haters will have no choice but to join in the end, this pandemic period have wiped out every doubt about crypto capability, now PayPal is becoming more friendly with crypto, before this year runs out crypto will see more adoption

many people always take advantage of this situation by speculating spreading false news so that it can influence people who hold bitcoin. their goal is to make fake news so they can take advantage of the situation. actually until now Bitcoin has not lost its value even though the price has always dropped as in previous years, but it will definitely recover. even more so with this pandemic, maybe some people have switched to investing their money in Bitcoin or other types of Altcoin because they have more time

These people already exist even in the past, even more FUD in the past and good thing is that people have learn from their mistakes in the past.
if we let the FUD dictate us, then we will surely fail as these people are making money from investors who have less or no knowledge that has greediness inside.

Those who don't understands anything about crypto but only know how to spread FUD about crypto will embrace it in the end, many have learnt and some are still not interested, it's only a matter of time before the whole world will have no reason left not to invest in crypto

Nope there is always a way for these haters to provide falls statement about cryptocurrencies.
But you are correct that people will soon be realized what they are missing in this area.

Bitcoin and  all  altcoins  will make  our  life change  in the future,if  they will only let to enter their life.
actually these FUD spreader are paid by someone who wanted  to  make crypto currency market  fall so they can purchase  in lower  value  in preparation for future.

For me, it is obvious crypto won't end just because covid pandemic. But unfortunately some crypto projects are using this pandemic as an excuse to delay their progress. We know that the team doesn't need to meet each others to continue the progress. Like your title says, 'Do not be fooled'.

Yes. When pandemic just started the market is a bit low. But time   to time the whole market show some great move. Bitcoin is kind of stable in 9k range. For bitcoin stability we saw lots of coins performed really well. And this wave is still going on. Allover the whole market situation is really good. And somehow  this whole crypto space survived the pandemic situation.

You must not really get easily fooled by hear says because if you do really know what you are doing, why would you care to listen into other people's opinions that because of the pandemic the cryptocurrency would come into an end. If you are already staying for quite too long in this industry, you must better know that we have already faced lots of problems, crisis and other things that affect the price and behavior of the cryptocurrencies in the market. We have already surpassed all of those and still cryptocurrency is still continuosly working despite of those problems.

Just focus on what you know and do not care of what will the other people would say. Trust the process and your own gut feel and decision because in the end, it would be your own fate not theirs. So better do everything that you think would be best and will benefit you. But still learn to balance if the opinion is relevant or good for you because not all opinions are meant to be bad. Better do hear some opinions but let yourself do the decision making not them.

Bitcoin is simply doing it's cycles but coincidentally some life events are happening at some time that is aiding those cycles and also affecting the market at intervals. For those who understands the cycles, it's nothing to bother about.

Yes, I completely agree. It distinguishes between people who understand about bitcoin and people who only understand about profits. In their minds only profits so if they not get it, they will say something that doesn't make sense, Like bitcoin is scam.. lol ;D. So learn about history will give you another view of something

Crypto is here to stay, only those who don't understand will think otherwise, PayPal is even joining the crypto gang too, a company that has once or twice ridicule crypto and blockchain

Cryptocurrency is now well developed and risks are likely to continue to decline because the government is paying special attention to
managing it, plus private players are constantly exploring ways to stabilize products without losing their attractiveness and uniqueness.

To adapt to the progress of the times, Paypal has no choice but to join.
This is called realistic  :)

only shit project that use pandemic as reason to delay developtment progress, on project with high quality they will never stop to  build project as fast as they can so MVP could released immediately. so dont be fooled while they said pandemic distrub their work, in crypto market everything could did by online no need to meet everyday.

the fact is that today people are most likely looking for ways to make money from home, and cryptocurrency can be a solution for that. however, there are some things that need to be realized that there are quite a lot of projects that cannot develop quickly due to their limited activities, even the price of bitcoin and other altcoins has dropped. however, right now, price recovery is starting to appear, and that is a good thing. there could be many investors who returned after that.

The decision lies and depends on you if you would believe and follow what other people say about crypto. You are considered fool yourself if you would just easily believe and follow into other people's opinions and not being able to trust and create your own decision. If you are already that long enough in this market, then you must have the better understanding that crypto industry have already gone through lots of challenges even at the first years when it was established and still continuously getting improvement and being used by many people as of the moment.

If you do know in yourself what you are doing, then you let yourself decide and evaluate if the informations you are hearing about cryptocurrency can be believable or not. There is nothing wrong on hearing out other people's opinions because it stand to be one of the factors you can consider to help you decide but still you must know the fact if it can be really reliable or not. You must not let yourself be fool around if you really know what you are doing. Hear other people's opinions for basis but leave the decision making on your own and do not let emotions or murmur of other people dictate your decision making.

Wait, PayPal is joining crypto world? Yeah.... Looks like I missed this ... :-\

it is part of a sign that crypto or Bitcoin will be accepted all over the world,
but indeed the biggest enemy of crypto is the regulator and government

The early 2020 is not so good for market for many reasons like pandemic situation all over the world, Recession and many more maybe. But somehow crypto market survived from the situation and its in a very good position. Bitcoin is a very good spot. Most of the time it's stable. So other coins got a chance to grow. Some of the altcoins grown very good. 2x-3x profit. Many of them have more profit. It's all over a very good time. So those who exit in first position they are in loss. That's it.

Fearmongering is always resurface when there was a bad time over the crypto market. Pay them no mind and focus on how to take advantages and exploit opportunities of the bad market brings back. Doing that instead of worry or get fooled by scare tactics and who knows, maybe they did that to get more opportunities for themselves when the price is low.

It' normal for people to be nervous about what's happening now caused by coronavirus many people are get panic and they are unable to think right. Just always have a positive mind and think that these trials will going to an end . So it should be better if we don't be affected to anyone who think that this is the end for crypto instead just take the opportunities to make you grow in crypto world.

Someone needs to hear this. People out there are panicking over the corona virus messing up the community and end up panic selling.

It's just the matter of time and I think that bitcoin will be widely accepted by the government and regulators. You can see that even some countries have announced if they will be issued their own crypto and it can be a very strong point to say that bitcoin will be accepted by so many countries.

I really dont know why people connects the pandemic we are in to crypto, for me it's more favorable to cryptocurrencies since the new normal would be a paperless money to avoid direct contact in this way bitcoin and other crypto could somehow compete with paperless money for payment. But still the fees compared to credit cards are still high. Cryptocurrencies is here to stay as long as people are holding it or few are still believing on it.

The reason why bitcoin went down when the pandemic started is most people lost their job and had to sell some of their cryptos to be able to survive. This comes along with some people who panicked because of the price movement. The market even recovered after a few months.

Bitcoin market had dropped a lot of times and came back really good after it. If you cannot handle the volatility, better stay out of crypto.

Corona virus is only a small issue that is exaggerated, they forget that there are still many deadly diseases such as heart disease, liver, spleen, diabetes, and others that cause so many deaths every day.

And regarding the impact on cryptocurrency, I think it will only take a moment, over time it will return to normal as before. Stay healthy and multiply your crypto assets.

I can't be fooled but if I needed so sell my token/coins I will just buy necessities just to survive in this kind of situation.

There is always light at the end of the tunnel. Amidst the corona pandemic like this, cryptocurrency comes back and rally to new price mark that higher than before is a good sign of market get used to the pandemic. Just like OP said, crypto is different and won't be affected severely like the normal business. If anyone doesn't know it and already makes an exist, well their loss.

Those projects which have been using pandemic as an excuse are dead project or they haven't had the ability or potential to reach the project towards success. Because we can see projects based on great ideas are continuously working on its development.

Afternoon there ladies and gentlemen. There is huge variety of different solutions coming onto the market, so I am here with the strategy I personally use. In my opinion, mine is pretty rational and can help to find the most advanced solution for you

Greetings. There are many aspects that matter, indeed. And we are not only talking about the idea as the idea, but much more about complex approach. So curious to hear yours

Mine is the following - I am starting with the niche. For example, talking about me, I am fond of different progressive bots stopping and reliability increasing platforms. When the niche is chosen, I try to have a look at the solutions that are having the highest ratings along with real feedback from users. And then I am also evaluating things on my own, paying attention to team, future opportunities and more

Interesting, usually people just follow what everyone follows. But to be honest, I love your strategy more, kinda it is deeper and more objective. As you are into the industry, can you give me an example of the solution that meets your requirements?

One of the most advanced solurions I am aware of is hCaptcha. hCaptcha is designed to solve the most labor intensive problem in machine learning: labeling massive amounts of data in a timely, affordable, and reliable way. hCaptcha allows websites to make money serving this demand while blocking bots and other forms of abuse. Google them to check more

Believe me, during this Period of the pandemic I was doing something profitable with cryptocurrency which has given me a lot of profits. At the initial stage of the pandemic (during the lockdown), I did some good stuff about the long-term trading and i took something good from my new skills. Currently, am into cryptocurrency trading which has earned me series of profits during the pandemic. The technology is one of the greatest revolutionary in the financial ecosystem and its a welcome development.

I think in the near future there will be a second wave of coronavirus, and the crisis will still manifest itself, we must be prepared for this at least.

Covid has blindsided the whole world, and despite the initial fall, we have seen prices higher than before.  With another wave of virus foreseen, one can only wonder at the effect this time. But i dont think people are getting fooled anymore in cryptosphere, with so many getting the time to educate themselves.

And at the moment people had to work from home, and those who already into earning through cryptocurrency are in good hands, though not everyday is a good profit day since there are bad days as well. People are smart enough to do the right thing in this pandemic thing. You know, since it started I've been having more times gaining more experiences on trading and everything and I'm pretty sure others have their own way to make their "isolation" worth. The prices in the market will eventually turn to green or red and it will always be like that no matter what situations we're in.

if you already get enough profit from crypto trading then you should set it aside and use it for your survival needs because market predictions will not always be right and will not always be in good condition.

How can you predict this? Did you find a little news about a second wave of coronavirus in the near future? because the matter of the corona virus is something that is very mandatory for everyone to know so that everyone doesn't suffer losses.

Thats true, take advantage the market if there's a price increase and dont be greedy to wait for much higher price. As long as you make profit that would be good, its fine to take profit at times, better than being late for waiting to have big gains and missed the chance to sell.

You are right, there are many people who quit their investments because of listening to some news from other people!
If you really need to become a good trader, you should learn how to make research yourself so that you can confirm any news that you heard before trusting it.

Investing or quitting is all for your benefits, so do not agree to be fooled and lose your profit opportunity.

It would be indeed foolish for anyone to consider corona virus as a threat to Bitcoin or cryptocurrency in general. The virus affected several sectors of the economy and the cryptocurrency industry was not left behind. The market has recovered for long and it feels like nothing even happened.

This phenomenon has already become the norm, as soon as the slightest decrease in prices in the market begins. But I think that there are fewer and fewer people among crypto enthusiasts who can be fooled and who will leave crypto just because prices have turned red.

not really, as long as the covid-19 pandemic did not have a severe impact on the market situation. I see the market situation is not as bad as it thought, the price of BTC and some of the top altcoins is not a problem. in fact, some of them experienced significant price increases. so I didn't think about leaving the crypto industry.

yes,this is also one of the reasons I remain in this forum and work in the bounty campaign. because even though in the last 2 years the bounty feels very bad, but I am always sure that there will be a time when the bounty will rise up and get a good and profitable return

and now people who said its the end for crypto is watching if crypto market in green colour
bitcoin run above 10K USD and ethereum run above 350 USD right ?
thats mean crypto still alive until now

I cannot deny that because of the CoronaVirus each economy of the country really got affected by this pandemic together with the real currency in the stock market. But Bitcoin or crypto space is not affected by this pandemic to tell you frankly. It is because even during a pandemic period in terms of the source of income I'm not quite well affected by it. Because I can still do trade to obtain earnings.

Yes, the point is to always do strong research and analysis on every bounty that is born in this forum, because now the good bounties with the bad ones look almost the same and are even difficult for us to distinguish.

Half a year later I can reaffirm - crypto couldn't be in a better place during crisis than now, its basically did better than most of other forms of investment.
March and April were the best months to buy more, not to quit.
Don't be scared of a small dip now.

Coronavirus did make the stock market in very bad shape but didnt not effect the cryptocurrency market at all as we seen the cryptos market did rise at the time on pandemic. A lot of peoples did used cryptos for the buy and sell as most of them cannot goes out at the time of pandemic.

COVID-19 really did a number on several cryptocurrency projects. None of the crypto travel-based projects I am holding have made any headway during the period of the pandemic till this present moment. I hope with the recent news to allow international flights, they can get the projects back up and running.

I think the existence of the corona virus will not have a bad impact on the crypto market because I see Altcoin prices are still very good and provide benefits that keep me going until now, so for that I will never feel panic and feel cheated by VirusCorona at this time, and I will continue to use cryptocurrency and trade on exchanges even though the corona virus still threatens the world.

think otherwise coronavirus friend, made crypto market better from before many people choose to make money through technology and some choose to enter the world of crypto, so that the volume is getting higher hopefully the situation will continue so we can see the crypto market like 2017

I think we are past the impact of corona now. We did see the lows during March and April but I feel that we are past it and we are in bull market now and it looks likely to continue .

In the early of 2019 somebody said me cryptocurrency can not give you profit because cryptocurrencies weren't secure. Many countries banned cryptocurrency. So leave your hope. But I don't give up. I know cryptocurrency is unpredictable but no one can stop bitcoin and cryptocurrency. You may lose your profits  on crypto at present but someday it will give you your profits definitely.

This situation has a limited time effect (already -2k drop btw). For some time, the crypto market may still (and will) grow or be stable, but there may come a time when there will be fewer and fewer NEW players, because to enter the cryptocurrency, you still need Fiat money. And where to get them if you don’t have job/money is calculated only for food? The last thing an ordinary person will do is invest in something that is not clear (for him) in the hope of earning.
Some things look good until you realize that it's just a temporary illusion.

we cannot blame them they don't have enough knowledge and probably experience in the market that we have today but we can't blame the fact that in some point there might be an effect to the market but not too much to the point that the market collapsed or crashed so much. we can just ignore those users since we know that they just don't know or maybe educate them.

Not only crypto is down, the stock market has also decreased. The exchange rate of the dollar if converted to a country's currency is increasingly rising, which makes the economy more chaotic. But I still believe that bitcoin will rise in price someday.

Like in normal life, the effect of a global pandemic can be observed using the right tools. The crypto market has been decreased after the bad news series, pandemic conditions will cause more problems than we have imagined. The real question is BTC will hold the price above $10000 or the fall-down will cause a new bloodbath? The positive correlation will be the best answer I can give you. Learning from the correlative financial assets will make you one step ahead of competitors.

Patience is the key, the market can only be disturbed For a while, it will definitely regain its normal shape anytime soon, cryptocurrency is here to stay, only those that does not understand how the blockchain truly works can be disturbed with the current situation.

those who are prone to panic will of course be very disturbed by the current market situation. when they come to the market at a moment when the face is growing and before long the market has decreased, of course, it will disturb some inexperienced people. but for people who already have experienced nothing will change. they will be patient waiting for the market to move again.

Only those who are aiming for profits are mostly disturbed by this kind of situations, but for people who do believe that
crypto will be here to stay for sure they will not be alarmed certain movements like this.
They'll be able hold and wait as trends will be keep changing from time to, it will be depend on how you play the market.

When people get introduced to the crypto community, patience is the word mostly preached to them. I've been a victim of panic sale before and I've learnt my lesson big time. No quitting cryptocurrency in my dictionary anymore.

As time goes by, the development of cryptocurrency is growing and attracting more and more investors who join in it, so that if anyone thinks bitcoin will disappear in an instant, it is difficult to happen.

Yes, obviously it will be difficult to happen, but that doesn't mean it is impossible to happen, because crypto has not been known by everyone around the world and even some countries have not legalized cryptocurrency, only part of the world community knows it.

but you also know that the popularity of crypto in the world is also increasing rapidly. our development can be very fast, and in the future, I am sure everyone in the world and all countries will use crypto for their transactions. in the future, all transactions will become easier with the help of blockchain and crypto. some countries haven't legalized crypto yet, it's not that they don't see it or aren't interested. but I believe they are doing better research for a better-prepared crypto use for their country.

has no impact on cryptocurrency? well I don't think you are very clear about how the movement of cryptocurrency is created, you should be able to see that when the corona spreads, many people did not work and only worked from home, when the initial spread of cryptocurrency prices dumped, after that the price recovered but could not increase prices rapidly because there is no support in terms of the world economy which is currently experiencing a crisis in various countries due to the influence of this virus.

Spending years in crypto space I've come to understand that crypto will always go up and down, it's the way things are with crypto, so I don't expect you to lose it when people tell you that's the end for crypto, it's never going to happen unless you invest in scam projects

I think there are still things that can make you lose, one of which is when you cannot control your patience and are affected by market conditions when the price collapses you sell it at a low price because you panic then it will make you lose. so in my opinion trading make it a long-term investment by placing a sell order so that you won't miss the opportunity to sell it at high prices.

Being here for more than two years I already understand the nature of crypto that's why i didn't believe on every person that the only want is to destroy bitcoin and other crypto currency as well. Did you know that crypto help me in times of difficulties like now that we are suffering from this pandemic. Crypto will remain as long as their are people using it, patronizing it, investing on it, in other word there is a continues demand.

also don't be fooled by all the new defi/uni based shitcoins and no name devs in it for quick bucks.  you will get fucked.

That's right, because as cryptocurrency technology develops, the enthusiasts will be even more crowded, and the price will continue to increase significantly from year to year.

If a person trusts everything and everybody, he will be fooled, and it does not concern only crypto. Not to get into trouble, you have to get the knowledge about the stuff you are in. Invest in a project? Do not listen to anyone, and learn the ABC of it. Spend time for learning, and you will succeed.

Cryptocurrency was not affected by the pandemic. The internet is what kept the world alive and together during this critical period. Exiting crypto because of the pandemic is worth considering as being fooled.

It surely affects the development speed, I don't think denying the real facts will add something to the conversation. A typical day is different than a day in a pandemic, it doesn't worth to push the development if there are no enough resources, from my experience as a developer. If pandemic has affected other sections of the financial world, saying this doesn't have an effect on the crpyot market is not right. Pandemic has caused fear which can be the motivation source for sellers to increase their limit orders in order to buy cheap later.

Scam exists in all systems, therefore anyone should not trust what he hears and not be drawn into the stream without spending his time knowing the good project that deserves the investment, whatever its financing system, and experience is gained with time from continuous knowledge.

Are you sure about that? The pandemic did affect the stocks and cryptocurrencies dumped at the same exact moment as stocks in Spring of this year.

If you can explain how this wasn'tt related to shutdown of the US and the EU in that time I'm all ears.

Different people with different opinions, i wonder why many people believes covid can ever have a huge effect on cryptocurrency to the extent of shutting it down which am sure won't happen.

That's why we shouldn't believe any promises from new projects. We have to focus on what a project did in the past like partnership, exchange partnership or beta tester of product. Scam projects always exist in cryptocurrency, the same in stock exchange. This lockdown situation opportunity took so many investors or maybe this was the halving effect.

If you know crypto just from its cover, then you can be easy to follow FUDs. But the crypto community has been improved, I am pretty sure that most of us already know that crypto is very potential. Nowadays, people involved in the crypto business have been mature already. As too many FUDs happened in the last few years, we already take many lessons from it. Most people who can be influenced by FUDs are beginners or newcomers.

I wouldn't say the crypto currency wasn't affected by the pandemic..we all saw how the process slumped during the pandemic although they recoverd later.

I terms of development most projects were affected and they had to extend their deadlines because of wfh and restrictions.

There is a huge contribution this pandemic did that affects the market and the cryptocurrencies knowing that many people tend to lose their job which help them in investing in several cryptos but we cannot really blame all this happenings only because of it. We all have seen how very volatile and unstable the market and we have seen how the market falls down so deeply and rise up once again very high, meaning to say we just need to keep on believing that it can overcome all the struggles the market and cryptos are facing.

Indeed. The only direction bitcoin is going is up. It may have a slow and steady increase in price right now, but I am expecting bullish things to happen the its platform these coming months. The adoption and acceptance of Bitcoin is getting wider and going mainstream so expect good thing to come to it soon. Be ready.

Always remember that people trying to kill Bitcoin are the people wanted to buy it cheaper. Its still an early stage for crypto and with its technology it could really make big changes. Before people don’t believe in the internet, apple or the amazon but look at them now how big they are. I feel positive about this industry, its the next big thing bigger than the internet.

I think that Bitcoin only became better, because of coronavirus, many people came to the market and a lot of people understood, that cryptocurrency is a good way of keeping money in such difficult life periods, so I think that after pandemic, we will see a lot of good news about crypto, because people tried it and most of them really like it

Every individual is going through different circumstances right now, but I have no intention of getting out of the crypto space. Because I am optimistic that the situation will return to normal. While some people sell their portfolios to get prevention tools due to the corona pandemic, some have more than enough funds, so they spend on preventive tools and also buy drops.

Yesterday I was thinking about the scenario in which Corona did not happen, where would we be price wise right now without the current pandemic, would we breach the ATH already, or the price action would be similar even without Covid, aka DeFi balloon and then a big sell off. We will never know, but it definitely had a big impact on every financial market, including the crypto one.

It made an effect in the first weeks or so of the corona pandemic, the crypto market has crashed down due to fear that it might have had the same fate with stock market. Some traders had to full out their investments and some have switch to stablecoins in order to prevent from massive effects of melt down.

This should be adress to the newbies and to those people who engage in crypto currencies but they don't know much about how the market works or what is the main reason
why crypto currencies exist especially the bitcoin.

Unlike stable currencies, bitcoin and other currencies out there can easily shift their prices from high to low in just a short period of time but don't be fooled that it will
be the end of bitcoin if it's prices goes down badly as it is only part of how the market works. As long as there is demand, bitcoin will not die.

With the series of scams and coronavirus that keeps occurring to them, sometimes a single fud from a high rank user can make the trader pick bad choices like dumping while the price is at its bottom.

With their money at risk, some of the traders just withdraw their funds because corona lockdown and jobloss had affected them financially. These factor will lead them to be fooled and sell out.

I agree with you. What is needed in a pandemic is common sense. not everyone still has a stable job and income. Some people have to give up their assets to survive the pandemic due to the crisis. and what they do is normal.

Yes, but today I see that the crypto market has had a good bit of improvement on all coins so this will also be of great benefit to those who bought coins when the price dropped a few days ago, and I personally hope this can be done. continues so that everyone can benefit through investing and day trading.

What dead? crypto like btc hold its position tightly even we can see the price of bit touched so far $12k during Covid-19. Eth also raised about to $500 when lots of people sold their assist during corona epidemic. So how could anyone say, crypto is going to die? Crypto is upgrading daily and those are going to lead the upcoming future. So be claver & do trust on crypto

The people usually say what they see but the experience in this field is important for having a concrete opinion. The pandemic has changed the behavior of market participants, so it is too early to talk about the dying crypto industry. The market is in a bearish trend and changing the bearish to bullish mode will take a lot of time. BTC price is dancing around $11000 level and breaking this level will increase the spammers on crypto social media.

Crypto also fell pretty hard at the start of pandemic and then it started to rise just like the stock market. I think there is a lot of manipulation going on in the market right now and we are just like the pawna in a game of chess who doesn't matter much. We are easily manipulated by the whales, when they take the price down we always panic sell our coins and whenever they pull the market up we become happy and start hodling the coins but instead we should sell at that time to take the profits.

The cryptocurrency market is the one that survived without massive crash throughout the covid-19 spread. This thread has been started during the beginning stages of fast spread and the very beginning days of lockdown on every country with restrictions. Later on when the lockdown continued with industries shutdown the money circulation completely stuck. This started to reflect on the economy as stocks started to drain it's value.

During the lockdown more number of common people started to use bitcoin and some even started to consider it as the safe haven for investment looking the market crash of stocks.

yes, of course everyone has their own point of view in evaluating the crypto world, especially bitcoin. This perspective is based on the knowledge they have, it is only natural that some people who say that BTC is dead or that the bubble or Ponzi due to the drastic decline is wrong. I am personally very optimistic that BTC is one of the best assets among other cryptoqurrencies.

i think, during the covid-19 pandemic it did not have a severe impact on the market situation. I see the market situation is not as bad as expected, the price of BTC and some of the top altcoins is not a problem. In fact, some of them experienced significant price increases. so I didn't think about leaving the crypto industry just because of the coronavirus!

I cannot deny that because of the CoronaVirus each economy of the country really got affected by this pandemic together with the real currency in the stock market. But Bitcoin or crypto space is not affected by this pandemic to tell you frankly.and don't stop looking for your luck on this forum, let people tell you what. It is important that you stay focused and continue to work even though the bounty project is mostly scams.

Altcoins has been affected a lot after the bull run as some of them did not recover anymore. Pandemic cause an economic struggle but not in crypto to my knowledge, this year altcoins were profitable so as with bitcoin, and we found De-Fi which is a good investment. For old altcoins, there's no guarantee that they will rise especially if they already lose the interest of the traders as evidence by their low trading volume, and at the same time if they are trading in a bad exchanges.

The coronavirus pandemic has effect on almost all economic sector including BTC,but those that painstakingly invest in it during those time will be favoured at post - Covid period.

You are right. This not the time to exit or sell crypto. I see it other way. For me, it's an opportunity to buy at lower price or to enter into a good project for investment. Of course, it should be for long term.

Corona virus is no longer obstacle for cryptocurrency, i think we can still doing our activities with new normal.
Just look at the cryptocurrency project, many developers has created new DeFi projects.
Coronavirus is a bad reason for stopping crypto project.

If someone believes in cryptoqurrency, especially bitcoin, then I don't think you need to worry or leave crypto under any circumstances. This will only make you more disadvantaged if you leave the crypto market, for me this situation is more profitable to stay in the crypto industry and I personally don't think of leaving especially if it is based on the coronavirus.

The market is not so good however the individuals who sees this is an opportunity are purchasing regularly of the BTC everything they could have. There were individuals I found in the news that corona isn't generally a major danger to the markets, there are more infectious influenza more grounded than Covid yet are not generally advertised by media to make individuals alarm and they are stating that this is an arranged assaulted. Try not to be fool yet don't likewise purchase BTC right now since they are doing their more awful yet.

Only a madman believes that crypto will die, because a madman is incapable of thinking.
Crypto will become more and more popular, it has nothing to do with covid19. But if anyone says this crypto is a whale farm, I say yes. Those with large pockets are capable of playing and toying with crypto.

The cryptocurrency market has been enduring long enough to demonstrate that it will continue creating later on. in actuality, there is a little possibility this market will be dead. An ever increasing number of investors are coming into this market to demonstrate that the market has certain attractions to individuals around the globe. Cryptocurrencies will be the future strategy for installment, it is only just a matter of time and more innovation.

I agree with you, the price of Bitcoin has fallen very far several times and until now Bitcoin is still survived (the price of Bitcoin and cryptocurrency market has started to recover), so this proves that there are still many people who believe to investing in cryptocurrency and of course cryptocurrency will continue to survive, so my advice if you have money (other than money from your savings), then this is the right time to buy Bitcoin or Altcoin (cryptocurrency), because I'm sure you will definitely get profit soon.

Many fund managers and traders panicked when lockdowns started, creating a major sell off on all markets including the cryptocurrency market. But then after some months we saw the crypto market rise big time. And Bitcoin more than any asset, created massive gains. Technology stocks were also up and I think people saw the potential in these sectors. A way to preserve value during a recession.

I believe that Covid-19 is real but the government specially the health department agencies treat it exaggerated. Most people in my country wear mask when going outside, but in my province specially to my hometown, most of us walk and jog normally as before. They only want some manipulation regarding to our economy. We should not be fooled by this new government scam. Bitcoin never dies, buy the market during its low or the train will leave you.

That is simply FUD news that continues flowing and I think bitcoin will be helpful later on possibly as long as though investors need it, during such a critical point in time there is a ton of manipulation going on here we don't freeze when the plunge like this do astutely and begin investing with low prices I'm certain during such a critical point in time many will have bitcoin prices are the most minimal prices and some altcoin in your portfolio

It is true that the virus has a huge impact on crypto and any branch of the industry, but it should not affect us in investing because Cryto will always generate good investment to offer to its investors and of course there will always a new idea to come up with a blockchain system. So we don't have to depend on the idea of ​​others so it is better that our idea itself comes from our step.

Fortunately I believe in the future of cryptocurrency, and have not decided to exit cryptocurrency when the COVID19 pandemic comes.
Now my belief in cryptocurrency is starting to show results, because Bitcoin price continues to rise towards all time high prices. That's
right, don't believe the opinions of other people who might fool us, we must believe in the decisions we make regarding cryptocurrency.

When crypto market goes bad isn't a very good time for buying coins not the time to quit, people are using the whole market advantage wrongly, many still don't understand this, both bear market and bull market have their own advantages, you just have to use them right lol

Am sure those who said it is the end of crypto will be taking back their words by now, especially those who did early this year when bitcoin dumped because of coronavirus pandemic.



Market dumps will always frighten the weak minded investors who will think the worst and will not buy at such a time. Otherwise that is the best time to buy tokens of projects trusted.


Especially when it has to do with Bitcoin and Ethereum. This two coins wil always be there.

You are right, in March 2020 many thought that Bitcoin is in trouble, some even said bubble burst will happen because of the pandemic not knowing that it was another good opportunity, today bitcoin is over 16,000$ and in March it was 3500$ per BTC, what an insane ROI if one bought a BTC at that time.

Bitcoin is stronger than ever and no matter what challenges comes in future Bitcoin will always come back stronger, if anyone tell you that Bitcoin will die tell them it's too late cos bitcoin has more than 10 thousands lives already, for PayPal to even start accepting crypto payment have cleared many doubts already

In any environment where there is money, there will always be scammers, unfortunately this cannot be avoided! And what about the fact that people buy in a growing market ... in fact, you need to buy when the market falls) and when it grows, it's time to sell!

even though this virus really has a huge impact on the world  economy however this problem does not make bitcoin's existence worse so I tend to believe that working online is the first priority to break the chain of spreading corona so that the selling price began rapidly with many traders.

indeed many people think that their bitcoin is bad as if people who understand technology but in fact, don't know anything about it, it is proven that now bitcoin is a very good investment for everyone and even makes many people prefer to invest in cryptocurrency to make a pretty good profit to date making real investments in crypto.

well I will advice one does not hold for long.. The greatest asset owners are now those who swing trade either on daily or weekly basis, to Hodl for long is not ago are for me

Fortunately for those who have bought bitcoin in March this year and are still holding it until now. News of the coronavirus in March has dropped the value of bitcoin into a deep chasm. But those with intelligent analysis have taken the opportunity to buy a lot of bitcoins because it is such a rare golden opportunity. On this day the value of bitcoins is very high and those who have sold them out of panic are crying in their homes.

Congratulations to all those who bought bitcoin in March 2020 and still holding right now, it thus look like 20,000$ is achievable for Bitcoin before this year runs out, congrats once again, actually I was among the people that thought crypto market will suffer because of the pandemic, I was damn wrong, I was fooled

Bitcoin had been very unique among the all financial instruments be it stocks, commodities, indicies e.t.c Bitcoin stand out amid ravaging effects of Covid-19 globally, in march 2020 when BTC price dumped as a result of the pandemic fear gripped many crypto investors and enthusiast in fact some speculators predicted the doom of Bitcoin whose posited that the chances of survival and recovery of BTC is very slim on the fact that lockdowns and restrictions imposed in various countries will prompt a lot of investors to exchange their BTC to fiats in a bid to survive the economic hardship and cushion it effects, however against all odds BTC survived and still growing stronger and its becoming investors safe haven.

To be truthfully honest and fact wise, having this pandemic is a big negative impact for any investments even with other coins and fiats because of the sudden drop of the economy due to the expenses needed by businessmen and governments. Although, this may cause panic to a lot of investors especially the new ones it is also the time to reconsider the future. Of course, once we've been experiencing this kind of loss in the future there will be a big comeback.

I would already sell now if I bought at that time, for me, I feel it's so greedy to wait for the new ATH as it could fail.
Maybe I would not sell everything, I'll split it in half, and that half will be my holding waiting for bitcoin to achieve a new ATH.

Hopefully this is the year where bitcoin will hit a new ATH, but we can't ascertain it, so selling now is advisable as it would already give a profit.

Honestly these scenarios can weaken a strong man. Only if you have experience this before in the market then you can believe and hold your faith high.

Faith is the foundation of every work i don't think it will weaken the strong the price of bitcoin has increased a lot compared to before it is very profitable for those who have already invested and retained more greed always brings harm. But now those who are investing are likely to see the price of bitcoin rise in order for bitcoin to be able to pump more we need to move forward with positive thinking. If you hold on it will definitely give you a big profit.

These march corona days was perfect days to enter the market, sad to know that i missed them

Now that it is almost December, and the coronavirus pandemic.

Crypto markets explode!

I come from the future?

No, the reason is that the global acceptance of cryptos continues its course.

With Coronavirus, or without coronavirus ...

yes, those who bought and was able to hold till now should be rejoicing for making such a good decision, the most difficult aspect about investment is being able to hold till the right time to sell, maybe some people already sold at the first and second price increase, only those who have strong hands can hold for long, i always knew the crypto market will not suffer much because of the covid-19, cryptocurrency is a part of the economy and since the economy will always strive in the face of any challenges and people are always looking for alternative ways to invest.

Honestly I have had statements like that that bitcoin is going to die, but I never paid attention to that statement and I kept struggling to find free bitcoins from the bounty campaign, at least I didn't listen to nonsense and ignore it, to hell with the saying that bitcoin will die, that the evidence is inversely the price of bitcoin is increasing, which we didn't expect, at least I had Bitcoin deposits when the price of bitcoin was still relatively low, and I currently have it and enjoy the fruit of my patience, all this time ..

The corona virus that is currently sweeping the world does not seem to have affected the cryptocurrency market too much because a trader can trade the anywhere without having to leave the house. Money is important, but even so, we still have to take care of our health because health is the initial capital for our activities and health are something that is very expensive

Being fooled by scammers can prevent by doing deep research and do not invest in a bad project ico or ieo . basically  investml only in good project.

The pandemic has no big effect on crypto, it's the holders that panicked out and start selling in March 2020, I don't blame them for selling since they have to survive by buying their needs, no one knows when the pandemic will end so panic was what shrinked bitcoin to 3000+ at the time

every time there is bad news about crypto, there will always be many who say this is the end of crypto, it is also related to the pandemic when corona many say the crypto market will fall when the pandemic is actually getting hotter, as usually there is always bad news and is used to drop prices

I would offer a portion of my portfolio to purchase food, disinfectants, and different necessities in occasions such as this. That is certifiably not an inept choice, it is simply sound judgment. There were individuals I found in the news that crown isn't generally a major danger to the business sectors, there are more infectious influenza more grounded than Covid however are not generally advertised by media to make individuals alarm and they are stating that this is an arranged assaulted.

We should not be fooled especially when there is health risk. We should be more knowledgable to understand such situations. Do not be deceived in what you are seeing somewhere. Learn the technology. Understand the technology, and use it properly.

OP was talking about the economic effect of the corona virus, and he was right, crypto or bitcoin is a good choice of investment despite it dump at the start and bitcoin has proven to people even if it struggle sometimes, it will survive and will bounce back to make investors profitable.

The post was when the market is still not bullish, and there ware worries from the people.

it's just FUD and they say things like that because they missed the chance to buy bitcoins cheaply. they try to make bitcoin collapse and plan to buy, after which people will return to creating fomo or hype so that bitcoin grows back :D
I never cared about the bad news about bitcoin

Soon Bitcoin will be so expensive that you can't even buy 0.1 BTC. Personally, I believe that you need to buy Bitcoin exclusively for long-term storage. All these throw-ins about the collapse of Bitcoin are made by those who want to shake the situation.

There are always people who want to drop cryptocurrency especially Bitcoin, even though we can all see several times the crypto market falls
and always manages to bounce back. So we as crypto investors should not be fooled into leaving cryptocurrency because we hear about these
people. Even though the fact is that in 2020, with the COVID-19 pandemic situation, Bitcoin can still be the best asset with increasing performance.