Bitcoin Forum

corona has affected  the economics globally  but has also dampened the growth of crypto-currencies. Until the dreadful disease get wholly wiped off, it is not possible to see any improvement in the crypto market.

Various experts are constantly monitoring the market and saying this. I agree with them.

What do you think about this? Do you also monitor the market?

what experts?
before the corona bitcoin is below 8k, now it's over 11k.
on march bitcoin below 4k and stock market below 20k. if you bought bitcoin march low that is 3x bagger now. at this point corona really help the crypto-currencies and don't forget the dollar is weakening because of u.s government freely issue their currency, which make gold and crypto-currencies strong. i don't really understand your point here.
basically the 2008 u.s great recession creating bitcoin, now the 2020 u.s and world recession/corona which make the u.s freely issuing their currency that make and solidify the crypto-currencies. people start to realized about this and why crypto-currencies is pump right now, u.s currency is weakening.

I think the month when crypto got major setback by COVID19 is March and that's bygone. Right now corona virus has no visible effect on crypto market, BTC and ETH are pushing, that's a good sign the overall market is healthy. In essence, I don't agree with the so-called experts OP mentioned.

As a newbie, one mistake you cannot make is believing every expert word for it; Experts are there to act as a guide; to bring you to a logical and simple solution to an answer you already have. This means that you individually need to find facts and proofs about some certain projects; that an expert suggestion should either be a validation of your research works, or be a wrong view.

NB: Never use an expert or an influencer words to guard your investment motives.

The COVID-19 pandemic is affecting all sectors of the economy and the crypto industry is not exempted, thats why I agree in the opinion of those experts, but not the entirety of the context, because as we see it today the market is improved a little bit so it means that those experts were already wrong about their prediction regarding the crypto market improvement.   

I don't agreee with those experts and it looks like those were not even watching the market. Crypto has been growing a lot during the pandemic and we must see the reality. Are they missing something from the market that make them all didn't aware about what happens right now?

I don’t really believe with the experts though. You know why? It’s because their predictions are not accurate at all, and there are no guarantees that they would make it right. No matter what charts, patterns, candlesticks or other techniques that they have, there are no guarantees here in the world or cryptocurrency.

It’s clear that the crypto market is highly volatile and unpredictable due to various circumstances. Like for example, when Bitcoin is soaring like crazy, there might be whale dumpers who are watching the market and wait for the right time to strike in dumping. Scammers who stole a lot of Bitcoins from the victims are also watching the market and will mass dump when they want.

I don’t agree with the experts. I highly agree with risk management. Just my two sats.

I think traditional economy is under pressure due to corona but crypto market is nicely placed to grow because due to high inflation and devaluation of fiat money will flow into crypto because it provides the perfect hedge against traditional markets.

Agree that Corona is affecting the whole world, and it is causing the economy to collapse. But for crypto, I don't see it affected too much. Prices have been going up since March and now bitcoin has risen above $ 11k, without the Corona virus, the price of bitcoin might have broken ATH by the halving

Can you provide any proof of evidence that these experts that you are talking about is really constantly monitoring the market? Because if they really monitor the market, they don't say such thing as corona affects the growth of cryptocurrency. We can see the continuous growth of crypto despite having the pandemic, it is clear that it does not affect crypto at all.

strongly agree, because when the global economy weakens, the impact will be on all sectors such as crypto online investment. people are running out of money and big companies are also declining, the selling price of goods will go up and that will make the economy weaker. unfortunately, the purchasing power of crypto investment will weaken and that will make the market difficult to grow. because people will focus on their lives how to survive until this pandemic ends. After the pandemic ends and the economy begins to grow, the crypto market will also grow.

What it is suggesting that, if corona didn't happen, we wouldn't have dropped to $4k and since we wouldn't drop to 4k, all of these increases that we had so far would be putting on top of the current price so we would be even higher if we didn't drop.

But, what is missing in this calculation is that if it didn't went down that much, there wouldn't be that much buying neither, the price would have maybe gone up a bit more, but not that much, anyone who thinks "we went from $9k to $4k to $9k again, instead we could have moved that $5k on top of $9k and be $14k" do not know any math and can't be called an expert. That is why I think this corona didn't effected us the way it effected everything else, we have been doing very well and that is why I do not really think that bitcoin could be seen like it could have been even any better.

Ofcourse , I monitor the market constantly, but I don't agree that there won't be improvement in the crypto market as a result of the pandemic, there is no week I check the value that it is stagnant. It is either up or down, Corona may elongate the time of growth of it because in one way or the other, cryptocurrency has a part to play in the world economy

Lol, this space is still too young to trust in the knowledge of someone as an expert. I would say you can use their knowledge for further research but do not base your decisions on the calls and says of someone. We are all still learning and we have a long way to go, best is to do your own research before taking any position when it comes to investing in cryptocurrencies.

Corona has destroyed the world economy, but l think the pandemic could not affect the crypto world. But in my mind the effect of corona is so low to crypto. On the other hand as you above mentioned the pandemic has been reason of growing the market. l prefer making own research instead of relying on experts. Experts can not say everything true and more than that as you mentioned maybe this expert has said something without watching the market.

Yes, it did affect major economies in the world, no doubt about that. Even crypto have been affected negatively, bitcoin plummet to $3800 last March because of the pandemic scare. But it seems you're not aware that it has recovered already and we are in this sort of mini bull run, ETH even broke it's barrier of $300 and looking forward to hit $400-$500. So net effect is only short them.


Of course, who wouldn't monitor when our money is here as investments. As for those so called experts, they are just like you and me and majority of average joe, making wild educated guess. So don't put 100% trust of what they are saying, it is not a guarantee, better do you own research.

I guess the OP needs to check the current happenings in crypto market. Bitcoin is already going up even with this pandemic situation and so with the other alts particularly eth. And in terms of those "experts", I don't believe such experts. Most of them are self-proclaimed experts and what they say is just a prediction. And prediction most of the time is a miss from the actual scenario. So even us, can have our own prediction.  Just trust your instincts when it comes to your own investments.

You agree with them in regards to the crypto space? Well that's your choice but I hardly agree with any so called experts because over time their analysis do not seem to work out, starting from various price predictions and what not. Now going back to the main deal, when you compare the price of Bitcoin and ETH during the height of the pandemic to now, or even when this post was made then you will agree with me that they were wrong; these two coins has made significant growth while Defi projects has set in a new path of hype, developments and growth.
Just to add, what I have come to understand is, people are moving on with their various ways of life already thus the crypto space in its own way, will continue its normal way of doing things and so on.

this pandeminc make cryptocurrency known as alternative place for investment. many people cryptocurrency rellated with working from home, they can do anything here from their home no matter that trading or working in bounty campaign. and now due this pandemic crypto market be more popular than before and also new investors coming.

The improvements that were happening with the crypto market has already proven even during the pandemic and what already predicted by those experts were BS.

Crypto is not the same as traditional economic system. crypto can adopt with any situation that is happening right now

So what are you seeing now? Is it not an improvement? Corona still alive and strolling around the world but crypto market moving up. Its not about the disease, it proves that no matter the situation, crypto market will be healthier if there are lots of interested and demand to it. I think we can observed that already. But we cannot disregard the fact that the virus has been one of the reason of it crashes. Or let us say, whales only used that as camouflage to pull the market down and buy more? I dont know but I believe there is slight effect on it.

We are still in pandemic period right now and Bitcoin and other altcoins are already bullish, DeFi projects are unexpectedly successful, still in pandemic makes me think that crypto can survive anything, when pandemic finally vanished there won't be any big difference, just more exposure to crypto, better mass adoption

Corona is not helping crypto in any way. Too small amount of people know about it and too small effect on economy it has

I think market will increase when the time comes, I don't believe that the pandemic will prevent anything, already we can see the signs of market doing very well which is a sign that it could continue with or without pandemic, besides the situation is not as bad as the first time, the economy situation is gradually coming back and people going back to normal way of life slowly.

I think despite the COVID situation, crypto has flourished. The call of times to transact virtually has been emphasized during this COVID situation. Even many governments have called on the issuance of their own cryptocurrencies so they can adapt to the changing times.

They are wrong, do not believe every words coming from crypto experts, I believe crypto is doing well today because of how strong it stood in pandemic period, many thought it's the end for crypto, many said crypto is a bubble that will burst in pandemic period but look how far we've come now, Bitcoin is now 11,300$

If you monitored closely, the bitcoin did not fall much in the pandemic and remain stable between 9000-10000$ for most of the time. Now bitcoin has cleared the big resistance of 10K and looking more bullish. I will say that crypto (more precisely bitcoin) will always be a safe heaven in economic crisis and pandemic situation.

the fomo is creeping in bitcoin community and people are now buying bitcoins because they think that this rally will soon cross all time high. Bitcoin greed index also suggest the same.

https://i.imgur.com/7Hd4ACK.png

Sorry I don't agree, crypto is doing fine in this pandemic period and presently it looks like we are in for another bullrun, Bitcoin hits 11k + and Ethereum is over 300$, this is a new ATH in 2020 alone, pandemic is making crypto more popular not shrinking it.

I do monitor the market constantly so I have the idea of what you're talking about.
And I won't agree on this one, crypto market wasn't affected negatively that much, on the other hand it was boosted a lot by stimulus checks of people who invested them in crypto.

There is high improvement in crypto space this year so far, without pandemic I don't expect any better performance from crypto than this and infact pandemic is the reason why crypto is performing this good in 2020, the pandemic makes many people checked crypto out

Crypto will continue to do good with or without the pandemic. However industry of online business have grown a lot in these days, crypto is the easiest form of payment and therefore its demand will keep on increasing every passing day.

In crypto space there is no such thing as experts, if you think they exists you are right but their predictions are always wrong most times, I've followed experts on Twitter and YouTube for two years and I have nothing to show for it

Vice versa.
It is actually a bigger opportunity for cryptocurrencies to be seen.

We are in a time now where we want to avoid any contact as much as possible.
Cryptocurrencies can play a big part here.
We still use digital cash and that is the much preferred for now. Then, there is credit cards next in line but there is still contact unlike just scanning a QR code.
Perhaps, the government can see that now, but analyzation is needed to avoid unnecessary mistakes.

It depends on experts. because most of them are using their opinion just to promote or disgrace one's project or some of them are using their influence just to take advantage the crypto community to believe on something that he is promoting.

The economy is going down. That is not a question anymore.
Every country have that kind of problem. Companies having problem especially services which needs movement from one place to another.
A lot of people are jobless so they rely to their savings which may also hit cryptocurrencies.

But look at the market.
You posted this July 30. Are you the one which is not monitoring the prices?

I think various experts are right about the corona affect economics at the global level but for crypto, it wasn't that bad. Sure we saw some of the downtrends here and there but that also happened when the market at  the usual time. Crypto will bound back even if the corona hasn't wholly wiped off, that's for sure.

This is a very big lie.  Though, when the outbreak of this pandemic started, there was a little shake up in the crypto market too, but just couple of months after, the market picked up again.  You will agree with me that, the world has not conquered this deadly virus but the crypto space is doing fine, even the likes of BTC and ETH are both enjoying price increase on a daily basis.  The truth is that, the virus will continue to live among us, the solution is just for the scientists to find a lasting vaccine for it.  Beware of scammers using the opportunity or excuse of the virus in one way or the other.

For crypto to perform this big in this pandemic period is least expected, no one saw it coming, everyone thinks that the pandemic will make crypto go to zero probably or make Bitcoin worthless but instead the lockdown makes crypto a better option to work at home and make some money through trading

When we are trying to use our bring and with a simple logic and we should know the pandemic will not give any impact to the cryptoa as all of activities in the crypto are online based and that means people can do that even from their home.

Actually, to put an end to this pandemic and pay attention, people are making a plan and voluntarily find a way to discover expert medicine because this is a big challenge for everyone, in fact, nothing has happened at the gatherings. I think our efforts in crypto is finding even though our healthcare program is failed to do anything to find a legit vaccine.

I even saw the opposite, Cryptocurrency grew well in the Corona virus pandemic, we can see when the Corona virus first appeared, the Bitcoin prices was only 8k, but now the Bitcoin prices has exceeded 11k, and this is a very good growth in the Crypto world. So I do not agree with the experts you mean.

The virus affected the economy and the lives of many people. However it doesnt affect crypto to fall further after the panic that happened few months ago due to the virus scare. As we can see the market recover now and continuously improving.

Dont believe to those who called themselves experts because what they say are not really accurate. So have your own understanding and analysis to predict the possible happening on crypto space and dont rely to these experts.

Who is the real expert? And who can really predict the unpredictable irrational market? Noone! I saw predictions that 4000USD level wasn´t the ATL and Bitcoin will fall through this level. What happened? Bitcoin costs 12000USD (400% growth and not lose).  ::)

an expert is a person whose prediction comes true most often. there are many professional traders who make correct predictions very often. it is important to always check the arguments of experts

So far, no one can 100% predict the future of cryptocurrency. Many people have predicted what Bitcoin will be like in the future, but most of their predictions are wrong. So, even though the experts say I won't believe it.

Who told you like that, you can even monitor everything related to crypto for example visit coinmarketcap website to know how much the prices were increased in the last few weeks which is almost reaching the new all time high of 2020 for most of the cryptos.Don't you really consider this as improvement?

Crypto particularly has not got effected due to corona virus as such, we can see that as well that way bitcoin price is moving up and crossed 11600$. Last week we were struggling to cross 10k levels as well and now we can see it is reaching towards 12k price. So, some of the investment might have moved to crypto in this pandemic time helping the price to move as well.

I think you need to stay calm because the price of bitcoin this year will again touch the price of $ 20k again, I can confirm that because currently it is an upward trend of indicators and good news, many are circulating and many projects are launched this year so that it will be increasingly many rich people enter cryptocurrency.

   You don't need to be an expert to see the effects of lockdown on global economy. Covid-19 pandemic is not over, and
who knows when we will see the end of that virus. Economy is on its knees and some businesses are suffering a lot!
   But all that has nothing with crypto-currencies, everything is as usual. This bullish period and the rise of some coins
shows that crypto-market is alive and well and that problems in global traditional economy doesn't affect the progress
of crypto-currencies.

it is indisputable when looking at the situation of the crypto currency market now !, the price of Bitcoin is able to fly above $ 11,000, I think this pandemic makes Bitcoin and altcoin glance at people as the right investment, this is good

Personally, I believe that the virus really affects the economies of all countries very strongly. Since the virus has not yet been studied and requires a lot of attention and study. In order to be prepared for new viruses in the future, this could not affect cryptography. Therefore, they will hope and believe that the crypto market will always be stable and bring excellent profits to all participants.

It is better to believe with ourselves because we know that we can provide analysis better than others. If we can not analyze better, we can learn from many sources, so we can be able to make a better analysis. If I can get some info from the "experts," I will not just use their analysis, but I will search for more info because I don't know if they really have skills to predict the crypto market. We need to analyze ourselves because we use our money to make a profit, and we can not follow them without we analyze.

I'll be someone who always be regrateful when I didn't see any news every day. I always read some article on some crypto websites which provide the latest news against crypto currency.

That is the important thing to do before you start everything like trading or even buying some altcoins for long term holding. It likes a ritual to me so as I'll know every thing and I can predict the market movement.

And yeah, how hurt it would be for anyone who only saw bounty altcoins or those who only made a post to fulfill the signature campaign requirements, seem like he will miss every thing.

Everyone is in a dilemma right now, not just this country or that, every one does and is hurt especially the economy because of the pandemic. There are severely hit industry like transportation such as exporting and importing of goods but I guess we are already slowly reopening everything, I've been seeing a lot of products ( international ) that is shipped from one country to another, just yesterday I bought a necklace pendant, it was shipped overseas and I got it after 2 days, so I guess we are slowly getting back to normal. As for cryptocurrencies, I think this is the less industry to be hit coz it is an online industry far from the disaster unlike stocks, but still we are considering the fact that cryptocurrencies is the people, we decide what's gonna happen to it.

The price is surging for a couple of days now, buy til it drops!  :D

Looking on the market the pandemic seems to have no effect on the over health of the market, last year we are having a hard time reaching this price level but we are now in despite the pandemic, it seems the market is as strong as ever.

I don't agree with any self-proclaim cryptocurrency expert. Only follow a few high reputation crypto predictions expect but they always have said their predictions should be taken with a grain of salt. Everyone can see the covid making every sector looking bleak so you don't need cryptocurrency experts for a simple remark.

I don't get you, which experts said that? I see experts are more bullish than us about the crypto market, besides the pandemic, crypto market growing incredibly, Bitcoin price is heading to 12K USD, altcoins are already in the bull run, I see positive vibes everywhere! I would suggest you unfollow those blind experts. They are not crypto experts, maybe hater or something else!

As the saying goes, people have their own personal opinion. You shouldn't always trust what the so called experts say about the crypto market or a particular crypto coin. Personally, I believe in my own analysis rather than what someone is saying.  Corona actually  did not really have an impact on the crypto market.  The crypto market has rather seen some level of growth considering the market since march till now.

yes you are right, I just made people's thoughts as input/ideas. the rest depends on us in analyzing the market. and true if the corona doesn't have any impact, the proof is when the corona occurs, the market price remains bloody

How they can agree? according to the price, the statement is false. when corona started price was moving towards 7.5k$ to 9k$ but now price is above 11k$. If you compare the price statement is totally wrong. And I do not agree with the experts.

Easy there! You are getting into this space wrongly. If you are a newbie to crypto (I won’t judge you by your rank), it’s best you don’t just start believing any expert that comes your way. Yes, many people monitor the market, but that does not guarantee knowing where the market is going. Take a look at the market and tell me how right your experts are.

When you observe the current price of crypto it is rising so this really shows that pandemic has no effect in value. The current price of bitcoin is continues increasing as well as ethereum. Even without pandemic we already see crypto may go low and high so this virus has no effect at all.

i think the huge impact from this covid19 come to fiat currency, not cryptocurrency my friend
because as we can see now, gold and solid crypto such as bitcoin and ethereum in green colour right ?

this time everything is still on its way and the pandemic gives nothing to the crypto and it doesn't even give a small impact to the crypto. Crypto can go caused by all of the activities have done by the online task.

This is the main usefulness of crypto when people can still do their task online.

Cryptocurrency is doing great, even in this pandemic. A better situation could be coming in the next few months. Our expectations are more than in this situation. For this covid19 effect we saw the Bitcoin price at 3.8K US dollars. What we have now could be better than history. Bitcoin is wasting so much time to get pump, without covid19 could be different.

in terms of this covid being a blessing in disguise, i can say that more people look and search about cryptocurrencies and bitcoin during these pandemic. As many people are stuck in their homes and fiat being one of the sources of virus, people are looking for alternative ways how to go cashless. and with the halving that happened, definitely there are people who looked into crypto
 so we are looking an increase in adoption in the next coming months. maybe not big number but certainly there will be newbies in crypto
i hope they will not be so gullible with the predictions of these self proclaimed experts because that will ruin their expectations

Yes, I do agree with the experts.
For the record, it's both in terms of medical and also economics.

The cost of closing the economy is going to pay off in the long term. For example, US is going to have reduced GDP with a longer long term effect due to deaths than a small lockdown would have had.

In terms of finance and economics, it is very much true that there's less money flowing around generally and crypto can't do otherwise but also be affected. We won't see the potential of a true rally until there's some good rebound for the world's economy as well.

The current pump shows a promising up trend, So I don’t believe on those experts simply because bitcoin was able to surpass the level of $10k which rejecting the claims of the experts.

Many states their own predictions but only bitcoin can give us the real result, so just keep on investing but don’t expect too much to earn while we are still struggling to survive everyday. 

I'm always watching the markets, I see crypto getting up because the pandemic is making a lot of people in their homes to make money by all means and of crypto growing in all industries have recently industry of porn is very popular already making money eyes crypto to as a means of payment such as bitcoin, ethreum, litecoin, and 20 currencies other cryptocurrencies to buying tokens in the platform it also makes the market is getting better.

the pornography industry will not have a good impact on the price of cryptocurrency because it has been old news, currently the good news is from a DeFi project that has good technology and can make investors interested so that eventually making conditions for cryptocurrency prices go up in price, take advantage of the moment it's to look for lots of profit in cryptocurrency.

Well, COVID to be honest has nothing to do with the price happening now in cryptocurrency or bitcoin.
In short, there is no connection or very irrelevant. And it's not because you are an expert it means you're telling the
truth completely, I doubt that. In fact, even I'm home I still got earned with bitcoin or altcoins actually.

I'm not sure whom you referring as experts, this so called experts of yours failed to read the market. A lot of crypto currencies are gaining momentum,
Also this pandemic we are in to does do any impact with crypto currencies value.

I don't understand what kind of experts you are talking about. Even at the height of the COVID-19 virus epidemic, the crypto market did not have much of an impact. And now the crypto market has turned around. The price of Bitcoin has already spread to $ 12k, so I can't agree with them on that.

I think and all have watched Corona did not affect the Crypto market but we can see that Bitcoin price was increased during this period so it is a good sign for all crypto investors, traders that Crypto market will never stop.

Right. Each of us has his own opinion, in the same way, each expert has his expert opinion and it is different from others. Of course, I'm following the market and didn't notice that the pandemic somehow affected the crypto market. On the contrary, many switched to remote work online and got the opportunity to get acquainted with cryptocurrencies, the relevance of which has increased even more now.

Who are the experts that you were saying? It is hard to believe on a mere statement having no reliable source to support such claim because that would just remain a story tell if no proof on which experts have said that there could be no improvement on the prices of cryptocurrencies while this pandemic is still on. The crypto market is not the one who is directly affected by the pandemic because the problem is in relation with fiat for the funding that's why the stock market is the one who have been affected by the crisis.

The last time that it is said cryptocurrencies was affected by the effect of the pandemic is last March when the cases of infection have been reported to have gone through different parts of the world which somehow drag down the prices of cryptocurrencies most specially Bitcoin. But after a couple of days since that happened, the market started to recover on which price of Bitcoin is playing on $7,000 to $9,000+. Days before, we have already seen the price to go up at $11,000+ which is an obvious indication of price improvement. So how come that cryptocurrencies will not undergo improvement at this time of pandemic when it have already did.

At the moment, I have not yet seen experts who could predict 100% of the future in the crypto industry. If there were such, they would be able to predict both the collapse of the economy and the crown, and so all this is empty talk. I am more of the opinion that you need to know the history of market development and the real situation. But if you believe the experts and it's all about the crown, then the crown can disappear as quickly as it appears and you won't even have time to react. So, miss the growth in the crypto market that everyone is waiting for. Just follow the information and believe in the best.

I want to believe the experts were considering the global economy and not the cryptocurrency industry in particular. Its understandable to say the global economy would experience some set back as a result of the corona, but we need to be reminded that what drives the cryptocurrency economy is majorly crime and illegal markets. These industries are still Striving and are the major fuel to the cryptocurrency economy.

After the corona pandemic end, everyone will back to normal include the crypto market. You don't need to be a crypto expert to thought about it. What those crypto experts should say to give them some credit is how and which altcoin we should invest before corona over.

I don't agree with this, the major setbacks of cryptocurrency happened the first month covid 19 surfaced, this was due to the shock and the rapid spreading of the disease, after few months, Cryptocurrency market woke up and everything started booming. I don't believe covid 19 still have any effect on the current market.

No, times of great uncertainty are the times where really huge profits can be made, thanks to this coronavirus you could have bought ETH for 100 and now you can sell it for 4x its value and you never know how high it could go, so experts like always do not know a thing since for the most part they are closed down to any opinion that is not on their bubble creating an echo chamber where no one is willing to speak the truth of the matter at hand.

Yes I monitor the market but I am totally dis agree with you. I couldn't make out how corona virus has dampened the growth of the cryptos. Please see he market statistics. The growth of the crypto market has increased thank before the  attack of corona virus. How do the virus experts analyze the crypto market?

Somewhat disagree with his opinion, Certainly many people are monitoring market movements and so far I see the market continue to move, now it shows an upward movement even though this virus has not ended means this outbreak does not show a strong impact on the development of cryptocurrency.  I think many people who live at home can turn to online jobs such as trading cryptocurrency

The development of crypto is unstoppable, not even pandemic period like this can kill crypto, this have given many new people confidence to invest, everything crashes in the world except crypto and gold, right now Bitcoin is even better, trading at 11k+

I think now starting the best days for crypto because the most transactions are online theese days, and until the end of the year we have chance to develop and promote crypto

the market is always cyclical. there are no better or worse days. Even when the market is in a bearish mood then you need to buy because prices are very low and everyone understands that prices will rise again

Well, the fact is cryptocurrency market is going better now, as you can see the bitcoin and ethereum price in the market.
Even the pandemic still exist, it doesn't affect cryptocurrency market too much. Maybe experts said that to decrease the price of the coin before they buy it.  :D

Coronavirus was supposed to hurt crypto projects but that doesn't last for long, in March 2020 Bitcoin goes down to 3600$ and many quickly joined the moving train then, few days later Bitcoin strated recovering and since the world is in lockdown the pandemic forced many to give crypto a try, I believe this pandemic is a big help for crypto exposure

supposed to ? like a plan eh ?  . i thought corona is just a random virus that exist  . itl only hurt the people with weak immune system and not assets .

i thought pandemic is bad for the cryptos but it looks like you have changed your mind imediately  . so pandemic did break and make crypto huh  . dont know if thats true but one thing is for sure that experts already failed about thier predictions because they say that crypto wont improve but it did improve . now i wont agree with what ever experts are telling when it comes to crypto

Nope i don't believe the outspread affected cryptocurrenices. Rather, it affects trade and business which are sources to raise funds to finance blockchain business. i think that was the reason behind the bear market around march. also stocks and assets were affected. the blockchain is an innovative platform which is applicable in every sector. if properly used, can aid health sector to find the solution to this pandemic.

I think what I see contrary to forums and crypto-related sites. I think they more point out that the COrona situation has expedited the use of cryptocurrencies in doing transactions for the exchange of goods and services. With the threat of spreading and being infected through physical contact, crypto currencycies becomes more useful.

Market isn't moving up right now because of pandemic, in fact it will be better if pandemic can vanish right now because I believe crypto will grow higher if there is no pandemic presently

Wrong. If you saw already, when the pandemic has started it went down to around $4,000 but months ahead into the present time it is already at $11,000. Isn't it "Improvement"??

This so-called experts are just constantly monitoring the market but in the end, they will just speculate to the market like most of the investors are doing. I'm not monitoring the market but at the same time, I'm not agreeing with these experts (at least most of them). I followed some analysts' prediction but still, I always have my own prediction in case that prediction didn't happen and it went the other way.

Would you like to share some proofs here that you that they are monitoring them constantly?

Crypto market is highly getting attention after the corona so as a community we actually got benefits in 2020.Some people cashed out their holding to survive in the quarantine period but people who had savings in their bank are moved to assets and cryptos are one of the main assets along with Gold.

Recent days the prices are getting increase and the bitcoin surpassed 10K and it keeps increasing so the future of cryptocurrencies are good in my opinion.

On the contrary, the cryptocurrency market shows itself from a very good side and we all perfectly see how all cryptocurrencies grow during the corona virus and perhaps it is precisely because of the corona virus that the cryptocurrency market is growing and therefore it is unnecessary to listen to some experts, you need to check everything by yourself and trust only to yourself.

Yours or their's is just an assumption, but the market data in the last three weeks show otherwise, we are far better than we are before the pandemic and during the pandemic, and it looks like we are heading in the $15000 line, we can be better if we are not in the pandemic but we do not know the if the situation will be the same or much better if the pandemic is out then we can see the true picture, and make a comparison.

Still I don't believe these covid19 pandemic is a big help for cryptocurrency. Cryptocurrency market could be better than now, if there is no covid19 virus. I saw how the American stock exchange crashed this year. These situations top coins deserve more price, still Halving effect is not much and I agree with experts.

Experts for me are very helpful, although not all experts say correctly, but it makes me believe,
and of course risk must be in management, it must be applied to each individual

Before the market crashed during March of this year it seemed as if we could reach and touch the previous all time high but then suddenly the price collapsed overnight because of the pandemic and while it was inevitable I find it really incredible that the price now is very close to 12,000 when the vaccine has not been released yet to the public, it is going to be very interesting to see what happens once people are no longer afraid of the coronavirus because the price of bitcoin and many altcoins could explode.

I don't really trust experts.  Quite often, everything does not happen as any analysts say.  In rare cases, there are actually correct predictions.  I think that the growth of cryptocurrency is the influence of people who have become more and more interested in technology.

I agree with you. Experts ’predictions are not always correct. Nobody should rely on them entirely, but besides these expectations, we must review the market and review the graphical analyzes. The digital money and financial applications have witnessed an increase in use due to their advantage, which is remote payment, which is the most important feature at these times.The crypto market will continue to grow even in the face of the epidemic and will not be affected.

THe corona didn't give any impact to the market and I think that all of the activities are happening in the crypto-based on the online activities and that means this pandemic can't be a threat for crypto.

Corona is nothing for crypto.

Then what happened now? Where are those words on where those experts do tell about crypto market? Doesnt have any improvement? we do see the opposite thing.
The price had rather clinged up to 12k which we havent able to reach for years now and on this pandemic situation where major economy had been heavily affected but
this proves out that cryptomarket is really diifferent.It hadnt been affected much and also it is way too unpredictable for those experts to tell on what would gonna happen.
They can make out analysis but those can be easily be break up when you are in crypto-space.

Corona virus has made our world's economy so down but on the other side, this pandemic has even made our crypto world more in demand that made its market price keeps on increasing. We cannot totally depend on experts for opinions and ideas as we have our own eyes to monitor the market and not just rely to someone else. I just hope that even if this pandemic will be over, crypto world will still continue to soar high.

The truth is - I don't believe these self-proclaimed experts. I just trust my instincts when it comes to my investments. At the end of the day, they don't care about your decisions and your money. So it is up to you how you handle your investments. No one will be responsible on your actions but yourself only.

does not guarantee that as long as this pandemic still exists, the economy will not grow or continue to weaken, because it has been a long time since this situation I think people will also get used to and adapt, so there is no way the economy will not grow in various ways and efforts will definitely be made.
the good news is the crypto market is now on the rise.

Even the virus is not been resolve the crypto market is already improving. It seems that the pandemic has no direct impact anymore on crypto thats why even the economy is not stable and the virus is still existing we are now seeing a price increase for coins.

This might be because of the people staying at home for a while to control the people going out. Because of that they are looking for opportunity online to somehow get an extra income. Despite of the bad situation we are in, crypto managed to give us a light to take profit.

yes, the pandemic didn't affect on the crypto negatively, but who knows what would be the price of BTC if this didn't happen, maybe it would go much higher, we will never know that, but we might be slightly sure about is that crypto world now having a small boost if it is getting stable enough it will be another huge jump in prices

Do you update usually news about crypto everyday? From early year to now, the market is more and more exciting again with many news about hardfork and many investment funds are focusing in market more than. And gradually, Bitcoin is seen as an official asset and many big investors have choosen it instead of other property types in the last Corona season

Believe in yourselves and not crypto experts because a wise man is always a dullard, we are still in cov19 pandemic and still bitcoin made it to 11900$, how is pandemic affecting crypto if I may ask? Many noticed the real potential of crypto thanks to pandemic, either pandemic vanished or not crypto will keep triumphing

Dont believe any expert, except myself. Even though I'm not an expert, but no one managed to convince me that his prediction will be true. I've never seen an expert, whose predictions came true. All I see people guessing the price without giving reasonable explanation.

If a person predicts 100 different price variants and only 1 of it came true, how can he be an expert? Weather forecasts make better predictions (tomorrow will be rain yes/no aka 50%/50%).

At this moment I m not very agree with the experts idea about this situation. BTC and other cryptocurrencies are moving in a different way. This is good because it's good for our portfolio but in the same way that is going good it can go bad when they say the opposite

When the pandemic started the whole market had crashed. The economy and the crypto market are indirectly connected to each other.  Most people had to sell some of their cryptos to survive and some might have panicked since the market is falling on the first part of the pandemic. The market gradually recovered and now it's around $12k. No matter what happens BTC price recovers since some people are waiting to buy back at lower price.

Due to the global pandemic, many small scale businesses get shut and that's why the vast majority of people have shifted towards the cryptocurrency. That's the thing that could bring positivity to crypto prices as per the time. 

I don't agree if experts say the crypto market has no improvements and cryptocurrency growth has decreased.
Because since corona outbreak the crypto market has gotten better, even the growth of Bitcoin has shown an
increase. The price of Bitcoin which has touched $ 11,700 is clear evidence that the cryptocurrency is not
weakening.

I do have a different opinion about this. Covid 19 made peoples stay at home, some peoples even lost their jobs in this difficult period of time which made some peoples turn into the virtual word which is the "Internet" to try to work and find a job virtually and the effect of this behaviour could effect the world of investments as there's a lot of peoples holding funds looking forward to gather profits which means that a pourcentage of these peoples might have a try with cryptocurrency. The whole issue of the downtrend is caused by the projects which may stop their development, stand still having fear, that what causes downtrend. I see this period as a golden one for the real investors but love it or hate it the market became risky, really risky because of the fear.. that's why nobody wants to invest.

You should have asked if experts determined both the Economic Status of the Cryptocurrency Industry and the Economic Statuses of countries being affected by the Corona Virus. If we pertain to the economical status of countries, then YES, it greatly affected their industries because of the loss of jobs of people than requires them to be physically present. If we now pertain to Cryptocurrencies, we are not even sure if Corona Virus affected Cryptocurrencies but we can see that there are more Cryptocurrencies created to tackle the issue regarding medical issues and I guess that is a good thing.

You can already see that those experts were not correct.
Most crypto currencies have risen in price even compared to before the corona outbreak.
Plus: You should never trust self proclaimed experts, do your own research and act accordingly.
Everyone who bought during the initial dip in march already made a nice profit.
Of course i didn't buy back then  :-\

You can always learn from those self proclaimed experts, if you manage to study and do your research regarding to their predictions.

You'll be able to pick the right position for your investment, there's always two sides and if you deal with your research
you'll comes up with the right one and earned. Never to blindly follow tips always do your own studies.

In some ways I can say I that what crypto experts is agreeable but at the back of my mind cryptocurrencies and this industry is so fluid and flexible. We have seen a ups of the market and how it goes to the moon and make a bullish run so we never know but let's always look at the brighter side and be optimistic all the time.

But yesterday, when the corona came from China to Asia and Europe, it is true that the world economy is in chaos and it is difficult to avoid a sluggish market, but now it is starting to improve. hopefully the corona drug will be found. bitcoin economy is now increasing slowly by 20% in August. I think this year will improve and improve in the Christmas season.

The high interest of investors to invest in crypto because Bitcoin is considered the safest investment at this time, apart from gold.
Investing in both is an effort to secure wealth from the threat of a global economic recession.
And the high demand for Bitcoin from the US triggers an increase in prices, this high demand is driven by the OCC statement
that allows banks in the US to provide cryptocurrency custody services for customers.

In my theory this pandemic is one of the best reason to implement their agenda like war on cash. Here in our country they started to implement a cashless payment on all toll gates entrance and exit. They are not allowed money now, Seems this crypto world has a lot of opportunities to represents their cryptocurrency with a lot of usage that we do not need cash.

I don't see how the pandemic is affecting crypto growth, instead it's making crypto the only path for big companies and investors, it's possible that more money can get pumped into crypto after the pandemic but it looks like this covid 19 is here to stay just like a epidemic

Yes of course though their speculation may not go through but since they are expert in a certain field and could say a lot about a certain aspect then pretty sure you can make it as a reference in doing something like a decision making. We need those people who do the arguments the most this is why there is a discussion needed before making a decision. So, with these experts it will be easily to analyze how things will be done and if it could be make things possible. So, just make it as a reference because it is still your decision to make.

Experts are there to hype or review the market. No matter how convincing are their cases regarding crypto projects, it is still important that you verify their claim. I use these experts reviews to get awareness about new projects but at the end of the day, my investment decisions are still based on my research.

As far as the market is concerned it contradicts to the negativity of the economy, market is not a mirror of global economy because we are witnessing impressive growth this past few weeks. Despite the devastating crisis investors can still make money out of crypto these days and crypto projects are not bothered by it instead the development still continues.

It always be the fact and a must, reviewing each decisions and try to make it a concrete one not base from experts opinions but with your own ideas and analysis.

Knowing their position and learn from how they think about the current decision they've made,
it will helps as you'll be able to go further reviewing everything.

you need to do not only your analysis but also use the information from the experts. I think that a good combination of these two options will be most profitable

In my opinion, most of the analyzes of some experts have specific goals to adjust the cryptocurrency market in the right direction. One way or another, most of the cryptocurrency users react very strongly to all sorts of news and opinions of experts, and do not trust their personal experience.

that is why those people who learn about the news earlier than others earn more than others. such people know how to predict the mood of people who invest in cryptocurrency.

So many of those experts are experts only in name, unless a person has been getting profits out of several different market for a very long time I don't really believe that person is an expert at all when it comes to investing, after all it is very easy to say that a certain asset will go up or down when you do not have any kind of money on the line when you make that prediction, and unfortunately many experts are like that, they give all kind of advice but if you truly begin to investigate about their investment activities you find that they pay someone else to do it for them, so what kind of value does their opinion really hold?

I think we should properly define the roles of experts, experts opinions should never override your personal views and research functions, instead it should come in line with your own perspective about the particular token.

 Experts are human too, you cannot expect 100% from them

Unless otherwise they are having the crystal ball, we may start believing them 100%. I believe that no one could foresee what is going to happen hence there will be no point of believing into anyone for our hard earned money. If we are ready to risk all of our money just believing into someone's opinion then we can agree with those experts for their speculation and predictions. In my opinion that is not at all making any sense because we must take time to do our own due diligence before making any financial decisions.

At the same time, celebrities and some experts are trying to manipulate market directions just by releasing their views into their fan club and then their fans and followers are making the differences and this is the reason some people are still believing into those experts.

not gonna lie here. am not a believer of these so called experts or self-proclaimed experts. yes, they are humans and they are just speculating just like us. they may give some predictions that may happen but it doesnt mean that they can always tell the accurate happening. just trust your own instincts because whats in stake here is your own money. they dont care whats gonna happen to your funds. so better take care of your business!

The Russian vaccine is still needed to be tested and I will not 100% believe with it. IMO if the crypto has nothing to do with this pandemic and it will never give any impact to the crypto. as far as I know, if the growth of crypto will not get affected by any bad things that are still happening right now included the pandemic.

I always follow forecasts and comments, experts in social media and forums, but I always try to filter the news because not all of their opinions are correct, Corona has influenced the global economy, many people from developing countries experience economic difficulties while staying at home (lockdown), many people looking for alternatives with additional income, one of them with crypto. since the beginning of March the Bitcoin wallet has increased in number, and the demand has increased and the price has gone up and yesterday it reached $ 12 thousand, although now it has dropped again but many predict Bitcoin will be $ 15 thousand by the end of September.

Looking forward to continue seeing that crypto still moving forward even this pandemic continue to hit the global economy.
As long as there are investors and experts sees that newcomers are also participating, there's big chance for this bull to
continue moving upwards, hopefully we will see another high.

Though I don't think crypto can recover the global economy but I do think that crypto right now is helping a lot of people to survive during this pandemic. And as we have seen, the crypto market survives and btc is increasing since last month.


It is good to read different perspectives from various personalities. Somehow you can gain good insights but you are right, we need to filter these things as not all opinions have solid basis.

I don't really think that this pandemic can really affect the cryptocurrency as you can see the BTC, ETH and others tokens are still growing and you can see it on the market.

But the fact is that cryptocurrency is making good gains at the time of corona, after all, you need to provide a source from where and from whom you know this information if he is really an expert. I'm sure that doing such speculation also needs benchmarks, and @OP doesn't shed any light on speculation from the expert analysis. Cryptocurrency has a level of fluctuation and behavior that is not easy to guess, and every user speculation even from experts still has the possibility of being wrong.

I think investors are now confident to invest in crypto thats why the market is improving even there's still a virus. It can be recall that early this year the prices of each coins drastically drop when the news about the virus spread worldwide. Many investors panic and sell their coins worrying about their investment while other investors chose to sell to use the money to buy essential things.

That means this pandemic give a positive effect on the Crypto world. During the lockdown, people learned a lot about how to get money from the internet, And the majority of them choose the Crypto world as an easy way to get money from the internet.

I thought few months later that crisis will come and every financial asset will fall down, also cryptocurrencies. But this didn´t happen and Bitcoin is at the year´s ATH price. The conclusion is that do not try to predict the market, do the dollar-cost-average strategy ;).

Try to avoid all expert´s claims. Everyone knows nothing about the future of cryptocurrencies and the price.

Learn about cryptocurrencies, use them and do not cling on forecasts.  :)

Nothing is impossible in this world, crypto future is still uncertain that's why I always take my profits, I use USDT to buy Bitcoin at dump and sell back when it recovers, this is how I make my money and I prefer FIAT over holding coins unnecessary

The very first week since the pandemic had gone viral it had a huge impact not only in stock but also in crypto currency, cause if you look back during the first week run of having the virus the crypto maklet has drastically dropped and had not been able to fully recover yet since or Bitcoin halving approached. Fortunately investors have not fully pulled their assets out and continue to put their trust in cryptocurrency.

Both the cryptocurrency market and the equity market are making huge leaps. Even the gold market is heating up and the price of gold is rising rapidly. I have confidence that the cryptocurrency market will grow. When people have free time at home, they will use the internet for a variety of purposes and they will see banners promoting bitcoin and cryptocurrencies. They will think about using them. That is also one of the high possibilities.
The most important thing about a cryptocurrency is its functionality. It can only be upgraded by having dev teams working through a computer. The epidemic is also when they sit by the computer more work and interact with the community more.
The above is my idea and I think your expert's opinion is wrong.

Yes, experts could not accurately predict the thinga that happen in cryptocurrency because mostly when we talk about crypto market price which is very volatile and differebt experts had vary in their speculations so everyone might get confused on who among the experts are right or correct. However, I am only believing in myself and my prediction. Others opinion may influence my decision but all of the decision to made is not from other's opinion but to the things that I really wanted to happen. Sometimes shit happens in my decisiob but I am used to it. LOL