Panic selling is the last thing I’m ever going to try. No matter the situation that the market has been into I never thought about selling my coins I’m still going to keep holding because I know that he who laughs last will surely laugh the most.

A lot of people have said lots of sh*** about Bitcoin and even called it a scam and Ponzi, that’s their Business, they can keep on selling. Those are the ones that don’t believe in this, a little shake in the price and they are all running from it. They will still be the ones that will come back and cry on how they regret selling their coins lol.

Haven’t someone already explained this? One of the Winklevoss brothers once said on Twitter that even though we all believed Bitcoin should thrive in some situations, it’s not during a pandemic like this. At a time like this people are scared and they will be careful so that they are not going to be losing any further money and some of them will even be needing this money to help them through this situation. There are people who invest money and at a certain time they will be needing that money to run one or two things.

Bitcoin was originally created to withstand against economic crisis but currently it is not doing as per the original vision. This may be due to the reason of week hands like wall street investors' contribution in bitcoin markets. I guess this will change slowly when people realize when and where not to get panic with bitcoin investments and holding.

That’s really great. This is not the first time I’m seeing this news today, I have also seen someone that said this same thing when I was going through the Economics section in the forum. This is a sign that countries are now starting to accept Bitcoin, though not as their main currency, but at least by integrating it in their banking app means that they are encouraging people to start making use of it.

Don’t be surprised as time goes on even the bigger banks will start doing the same thing and will allow people to buy and store bitcoin using their Bank app. That will be really cool mehn.

Yes you’re right about that, Bitcoins value comes from the utility and scarcity, but not when there are no people who are making use of it, so the community are like the core that’s pushing this thing. From the start Bitcoin was not worth anything as what it is now, but as time goes on and more and more people kept recognizing and adopting it, that’s when the value started to increase and it reached a high price.

Utility is part of it as it was what attracted people to be making use of it. I’m even looking forward to more adoption, though I do wonder how miners will make profit when all the coins are mined (well now is not the right time to think of that, since the time is still far).

Even in a situation like this there are still some fools (scammers) that are looking for how they are going to be scamming people.
Well, it’s only for those that they can deceive, I can never be deceived by that nonsense. World health organizations will not just send you random emails especially when you have not signed up on their websites, so how the heck did they get your email?That’s what you should know.

Organizations will only make the post on their social media pages and then urge people to donate through the link they posted. The only time you will receive mail is if you signed for their newsletter. And despite that, when you receive such mail you should know when it’s coming from the right people or not.

I don't think the markets are running on technical analysis anymore but they are mostly running on fundamental analysis. The world crisis about the corona virus is creating a panic sell and the markets are red breaking a strong support from 4 years.

This is happening few months prior to the halving so we could soon expect a reversal. There is a strong support on $4950 and let's just hope that it is not broken. It is getting difficult for me to analyse the markets as each of my analysis is proving wrong in such huge volatile markets. I am now moving on fundamental analysis which is giving me some entry and exit points but yet I am personally afraid of the current markets.

You chose the wrong asset I guess, or maybe you’re expecting a quick profit and it didn’t work out that way.
Do you think that it’s everyone that is into trading that is making profit? Nah, someone has got to lose for another person to be making profit, so when you’re making profit another person is losing their money in the market.

It is just that people who lose their money in trading never come here to say it, only few of them has that courage. It is only those that makes profit that shares their story and the next thing they giving technical analysis and making predictions on the forum lol.

Bitcoin is not "supposed to" do anything if we do not force it. It is we who are responsible with the price of bitcoin and if we sell it goes down, so we are the ones dropping the price.

Definitely, it makes more sense that gold and bitcoin should go up, but I guess people didn't want anyone else to have their moneys control so they withdrew cash a lot, many people literally carrying big amounts of banknotes now, there has been surge in withdrawals all around the world.

Even in health approach that makes no sense because we should not be touching each others money in case any one of us have corona but for some reason banknotes saw a surge even with that in mind. So, I agree that it doesn't make sense, but we are the ones that cause that no sense thing on bitcoin right now.

From here on out? I see it going up, way up from here. I know many people think that it is end of the world and maybe humanity will be dead or whatever but we have seen a surging number of recovery right now and that means there are less and less people who are infected when they recover, that is a good thing.

Fact is we are seeing more and more infected people not because they are getting infected everyday, but because we test more people now compared to before so we figure out who has it and who doesn't.

When you hear on the news people who are infected and the number go up, do not forget that the number goes up because we tested them, not because they got infected TODAY, they were infected long ago but we just figured it out. With the increased number of precautions I am sure there are less people getting infected but just more people realizing they are already infected.

Well, if you are asking technically, there is no way halving is not happening, it will definitely happen, however at the same time we just don't know what the price will do. To start with we have been 7k when this year started, so lets not get too worried just yet, we were around that level just yesterday, obviously we are doing fine.

Plus, halving will make sure inflation is lower so it is not like a one day thing, you are not going to suddenly see bitcoin going up like crazy, people think that bitcoin price will go up in May/June just because of halving, that is not how it works. First we get less bitcoin printed, then we get less bitcoin sold, then we get higher liquidity but less availability, that means scarcity, that means more people buying for higher because there are less people selling.

I would trust them both at this current stage honestly but both have their risks. Lets assume that everyone knows why we would love them both, sure we are in a crisis right now and sure prices of all crypto is going down but only looking at these two, there are a lot of people who love them both and would hold them both.

However, if we wanted to talk about the negatives of both of them we can say that this corona affected them as well. It affected bnb because binance is ran by people as well, people who are afraid of getting corona, people who would want to work at home, people who would want to survive, so binance may not do too many great things. Ethereum is about the same, why did we think eth would go up this year? For proof of stake improvement, well if developers focus on not getting killed by the virus, how could they really develop it?

This is good, this gives me hope, I really like this thread. One person said bitcoin and crypto will die and this is the end of it, but plenty plenty of people said how it is not the end. I do not care if it is the end or not, because if this many people still around in every part of the world who thinks it is not the end, that means it will not be the end.

Let's be honest with each other, if bitcoin drops under 1k tomorrow, how many people in the world would start to buy as much bitcoin as they can? I am telling you if bitcoin reaches under 3k, I will use the very limited small number of money I have to buy bitcoin right away. We all know bitcoin will survive, why? Because we are the people who will keep it alive by buying as many as we can afford to buy.

OP must be right about that, now is a good time for anyone that wants to buy Bitcoin to start buying. The way I see it, the price of Bitcoin might not be going anything below $4k anymore; it has only circulated around these price range since the pandemic started. So, now is the right time for anyone that wants to buy and sell cryptocurrency.

Although that hasn’t been the main thing on my mind, I am mainly worried about the virus that has been spreading. I strongly wish that there is a way to end all this. There are times I wonder how some people are going to be coping with this situation. If there will be any curing vaccine for this virus, then we can expect bitcoin to be testing $15k price levels around this halving. I'm sure about this is going to happen which means this must be the best time to fill the bag.

It happens, and it has happened not once but several times. There are some altcoins that will be going up even when the other coins in the market are going down. Projects can be doing well because they are really good projects and due to lots of Investors being part of the project and investing everyday, the project will keep going up despite that some of the other coins in the market are going down.

There was a time ChainLink was growing , despite that Bitcoin was decreasing in price as of then, even ETH and BCH and other top coins. So it do happens, though I don’t think it’s in a situation like we have now, this pandemic is affecting everything.

It’s still going to have the same impact as it did in other countries where it started. Lots of People will be quarantined and the economy will fall back a bit since people will stop working as much and try to stay indoors as much as possible to prevent and subdue the spread.

So, it is going to be having a similar impact, but I don’t hope for such a thing to keep spreading, especially in Africa where their health system is very poor and their government cares less about them. If it should spread out in such countries it’s going to be deadly, so I pray that it doesn’t and I wish it stops.

This guys better be joking lol. People are prohibited from doing everything with cryptocurrency except holding.
Seriously? What’s the need for holding Bitcoin if you can’t trade it and convert to fiat when you need it?

This is very bad and such law is going to discourage a lot of people from making use of cryptocurrency unless they are all going to find some means that they will be using whenever they want to convert their cryptocurrencies to fiat; they might just send it to someone else who needs it and the person will pay the money into their bank account I guess. That way the money will be seen as regular transaction and won’t be suspected to be another cryptocurrency business deal.

You should understand that Bitcoin is still a new currency, for now there are not much stores that are accepting Bitcoin as a payment method and there are also not much people that are making use of it.

You should just wait and moreover it is called a peer-to-peer payment method, so you should only just use it with those of your friends that are making use of it and other people you see that are accepting, if it’s not being accepted at some places you go, that’s not enough reason to dislike it, you should just make use of other payment methods that are being accepted and use Bitcoin where it’s accepted.

Seriously, I don’t see why people keep saying a lot of bad things about Bitcoin, when it’s not the only coin that got affected by the outbreak.

Every coin in the market were affected, and not just cryptocurrencies, precious metals and other kind of stocks like Dow Jones.
Instead of ranting, people should see this decrease as an opportunity to buy Bitcoin especially those that didn’t get the chance to buy when the price was low before. I believe that there will soon be a solution to this outbreak and also after the Halving that’s coming we are going to see another pump in the price of Bitcoin.

There are lots of places where you can learn anything about cryptocurrency.
It depends on what you want to learn though, if it is just the basics, then it’s best to just do some research and learn them without having to pay any money for it.

But, if you want to advance your knowledge about cryptocurrency and get to know even more, then you should be places like Coursera and they have a mobile app for both iOS and Android that you can download and get easy access on the go. Other platforms that you can use to learn are EdX and Udemy.

Such people annoys me too much and I’m getting tired of seeing them here. To me it’s foolish, because this is already something that everyone knows, anyone that says they don’t know that crypto is volatile is a liar, because the first thing that is being said about cryptocurrency is that it carries risk, so how do you say that you’re not aware of that?

These are people who join Bitcoin thinking that it will satisfy their greed and selfish desires, they expect the price to keep going up until they have made lots of money, and when it doesn’t work for them as they planned then they come out to say that Bitcoin is a Scam and it’s dead lol.