From the analysis, necessary steps has been taking in time to minimize the deep effect by the pandemic. Traveling well controlled, hotel services dropped, trading was also controlled and people cooperated and complied. Though the graph showed economy has not been productive but when those who are managing the economy are secured the economy will recover faster as they resume
There is no bigger secret about what to do for economies to bounce back.. The entrepreneurs and government need a better cooperation that is deliberate to restart the economy. That is, small business owners need to be encouraged by financing them properly.
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be careful with it because there is nothing free in this market.
It is certainly good to be true. People need to understand that they shouldn't expect things coming up to them without some level of charge, sacrifice and commitment/task I don't even believe free things to be real. Always sew to harvest.
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The sad truth is that some of them are not getting attention from the hospitals, why? because they prioritize a person based on its age, why? because it would be more worthy if you save a productive person over an old and weak person. The government is really doing this for the economy in the future days.
I think this is not the right way about going on safeguarding of lives. Yes young people are likely to stay alive or respond to treatment faster but there are certain times that an old person lives beyond expectation of time of death while the young keep dying. The government should be more active in the bid to protect the old ones against this virus. They shouldn't be left unattended because they are said to be closer to "dying".
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Wait for September and you will see what I mean. We will need several months to see the result and if the lockdown ended it doesn't mean everything is back to normal
About September, you are saying like there is expectation of worse to come but I was thinking it could be around the time that we expect some medical relief on the cure of covid-19. Some countries have been looking at that time to get their tasting ready on the fight for the disease.
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Trading normally respects technical far more than fundamental. Fundamental is more like news, both good and bad type. They can disturb flow of trend and make a trader lose big but technical is slow to act on the account.
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It's a good opportunity, but you have to understand that the site is new and they require you to deposit in the gambling site during the course of the competition to participate in the prediction contest. Not every trader is a gambler Has anybody confirmed winning or withdrawing from their win ? Because it is risky to deposit btc. It looks dubious to my eyes except if it has been confirmed for withdrawal.
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The date rate in America is what makes it look like it had a fallen economy but in real physical terms, I'm not convinced on that. Also the lack of dollar demand during covid-19 lockdown contributed but now that lockdown is eased out, demand is rising and recovery is showing up too.
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Monday Call : First levels are always best to take profit for a daily trader Sell BTC/USD now : Take profit at 9304 : Edit Profit has been takenBuy EUR/GBP now: Take profit at 0.9071
Buy GBP/USD now @ 1.2415 : Take profit @ 1.2492 : Edit Profit takenI saw some prediction really going well from your thread and this is helpful. This thread will be giving some market direction and price movement.
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I believe 2021 is when the true fallout begins, but by that time BTC should be standing on stronger legs.
This time also by next year is when I expect an explosion of price because the economy would have gone into the normal standard. Confidence in investors would come back and that will have positive movement of the market. Bitcoin is trading on a strong support for long above $9k , I expect a gradual breaking of the resistance above $10,000 any time from now.
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I haven't met anyone, who can make accurate analysis and predictions based on technical analysis.
Is understandable if you say no one makes accurate analysis (technical), analysis is what it is; all based on probability. Analysis is a guide and not what must happen by every means. It made of charts yes, and it helps a trader in narrowing probability to happen. It is like imagination put in charts.
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Always explain your topics in brief so that readers can understand what you wanna say!
The link will divert you guys to a platform of coin analysis site where almost all major tradings pairs are put in comparison. The data seems to be fetched from various exchangers to show % change from each other. I believe this is same model as coinmarketcap but more or less simplified UI. The dark theme suits the traders eyes so plus point for black background and contrasting colours for data. The only drawback is, too many advertisement popping out middle of no where. Rest is sound. I guess you are advertising op as if you guys are in collaboration. Are you guys promoting this together? Just so we understand it better with you guys and probably support the move. . Wish the op well on this
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We don't have to invest on anything based on other's opinion, if you know it is profitable then you have to invest so you need to know basic things about cryptos making investments on it.When it comes to trading it depends on our trading style, day traders uses lot of indicators to decide what they should do and other traders uses fundamental analysis.
Trading investment is very important to research before going into. The project team too is looked at because of experience to handle community. On a personal strategy, yes the technical ability too is important. I don't invest in a coin that I don't understand how it works, it purpose to fulfill and the volatility, volume and exchange it is trading is important to research.
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As your topic is, speculation is like say what you think to happen. It is not certain to happen. So what you do is to put your hope on that to happen and if is comes you are lucky. Most of the time you look towards the technological strategy you have.
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So far it isn't that bad, or at least we still don't feel the crisis in full ranfege, but it will get worse My country will feel all the bad consequences in the fall because our economy depends great deal on tourism and the season is going to be very bad.
True and tourism is not only area people are complaining in their economy. Economies that are run only on crude production are hit seriously too because no much vehicle are on the road, airplane and transportation in general. .Countries relying on produce from others too are suffering as well, no production, no feeding.
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We're far from seeing Ethereum or any potential altcoins not going to have ties with bitcoin's move. It's entirely the whole cryptocurrency that's already been with bitcoin so I know that it could be odd for some people to see that everything reacts whenever bitcoin reacts. But that's how it works and we will see in the future if something like what you're thinking could happen although imo, I don't think it will or there will be.
I also think like you on this. The blockchain is a technology that cryptocurrency is using in developing as all the coin are encrypted that way. So they are going to run in that form with bitcoin at the top. People have to understand it as it were.
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All these price predictions are not guaranteed to happen in the coming days thats why if you're prepared for whatever the outcome of holding your bitcoin then that would be great since you dont have to worry about the future price. Anything can happen, the price can crash or increase no one can certainly predict, thats why its better to only invest the money you can afford to lose.
Good advise to every trader including older traders. Because some traders still believe they will always be lucky to jump out of trade before they get caught there. This is not always to be. The reason for reasonable risk., a risk you can bear.
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The biggest problem is that schools do not educate us financially. We are not able to get huge risks and make our investments from our early years of live and accomplish to be financially independent as earlier as we can.
I want to think that schools too has a fault in this. The age to start government schools is still high and before a pupil go through it and to university, the age is already gone because seeking for admission into the university also consume some years of wait and disappointment. Jobs too don't come easily so you see you are left with nothing to save before trying to be self employed. It takes extra luck for you to get some finance to start up a small business.
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