Agree! Possibly, countries that do business with the US. They may be affected by the result of their economy. The economic recession will be strongly reflected in the American continent. I wish that Covid19 will be controlled soon because while it is with us the damage will be greater. As for Bitcoin and gold, I also think that they are the best options to resist the crisis and create other opportunities.
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I agree with him. He is a well-informed person in the crypto space. Days ago, there was talk that miners could reduce their operations. And with the current crisis, it is unpredictable to know if the price of bitcoin will rise or fall because it depends on many factors. The most important thing is to get out of this global health emergency because later we can recover the losses that we may have.
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I think this is the best time for BTCitcoin. While we are trying to get out of the Covid19 Pandemic, we may have a better chance of using Bitcoin to rescue the breakdown of the economy. Many jobs are being lost but remote work is gaining some ground and that is a good space for Bitcoin. It may have the power to win massive adoption with a mutual agreement between employers and the workforce as well as payments for goods and services. What is true is the way of managing the economy must improve after the Covid19. Because it lacked to attend to essential things, and now we are suffering from this dangerous virus.
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We are going to suffer a recession in the economy due to the Coronavirus that has already affected all markets, including Bitcoin and all alternative currencies. I also believe that the economies of the countries that do not solve the problem of the epidemic soon may fare worse. A positive view of the problem is that we can have soon a cure for Covid19. After Covid19 Leaders of the world will need better ways to finance the global economy.
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I like Twitter for broad topics, about influencers whether in crypto and other investments that offer great profit, I ignore them. I prefer to learn on my own that if I fall it is my responsibility. A true influencer can offer some of their free knowledge on twitter and there you can prove its veracity.
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I also believe that due to the uncertainty caused by the Coronavirus, people are more concerned with basic needs, have stopped buying bitcoin and are buying other assets, and liquidity is declining, causing the price of Bitcoin to demonstrate this behavior. I hope the price does not decrease because once it has settled between 6K, the idea is for it to continue increasing. Although it is difficult to pin down any theory today. Guys, Stay Safe!
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I think that due to the current situation, Bitcoin will have more recognition and uses worldwide. But we have good news. Canada launched its first public Bitcoin fund $ 1.5 million in the Toronto Stock Exchange. This negotiation was being prepared 3 years ago. Now, investors don't have to worry about Bitcoin's security and custody. This event will provoke a boost to Bitcoin soon and, as you say, "Time Will Tell." https://cointelegraph.com/news/first-public-bitcoin-fund-listed-on-toronto-stock-exchange
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That is such a correct thought. Do not spend what you do not have to can sleep peacefully. About BTCitcoin, we all know that we must have some amount of Bitcoin in our wallet because it is an asset that we must possess in the long term. We have the advantage of recovering from a loss when Bitcoin reaches a higher price than we bought it for.
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Thanks for the advice. That is a high possibility, but Bitcoin is resisting even though we do not have the best condition. We are already used to seeing the price move downwards but we did not have the problem of the Pandemic. So it is very worrying. I wish that it continues its rise to 7K and not that we see it fall again.
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It is true that now we do not have the best conditions but the crypto market does not stop and that is our best advantage. I am still optimistic that we will have good news about BTCitcoin soon. At the end of the month, we can see how it has responded to the Coronavirus pandemic globally. Remembering that Bitcoin is a digital asset but those who make use of it, they are human.
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I am sorry that you have lost your bitcoin but you have done well to share your experience because this alerts us to clipboard malware. Every time I make a transaction I am very cautious, I prefer to waste a minute checking the address than to lose everything. Sometimes I type each of the characters in the address and don't use copy and paste. It works well for me in MetaMask but before sending the transaction I check two to three times.
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I believe that BTCitcoin and Gold will be one of the assets that investors are most interested in and we can see how much we can respond in the recovery of the economy. It is my optimistic thought after seeing to specialists spreading it on the most recognized bitcoin and blockchain blogs.
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What I can relate to the feature of Bitcoin antifragile, is that I have seen more demand for the purchase of Bitcoin. Usually, I exchange a certain amount of Bitcoin to Fiat for my grocery purchases and bill payments. Precisely in this last week, I created an order to sell Bitcoin on the Cryptoway platform and immediately sold it at a higher market price. There is more interest in buying Bitcoin when people realize all of its benefits it will be the best time for Bitcoin.
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Okay! I am glad that there is an initial plan to boost the US economy because the instability of the financial markets affects us all. And the analysts' view of the article is not far-fetched, Bitcoin could be an asset of greater demand shortly.
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I think it is good news. If it has any positive effect, we will know very soon, just as this action could be repeated in other nations. BTCitcoin is drawing a lot of attention to investors in the current situation that is not easy. Covid19's effects are already being reflected in the global economy.
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BTCitcoin's price was affected by many things that are being discussed here, I remember when I saw that Coronavirus was declared a pandemic. My first thought was: "It is the last thing that was missing, we have been dealing with the market situation, the volatility of Bitcoin and now we have a serious problem what is affecting global health." But amid the difficulties, opportunities arise, and Bitcoin could play an important role in providing solutions.
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BTCitcointalk, Twitter, CoinTelegraph, CoinDesk. They are the sources that I use the most to know everything that happens in crypto, in them I can quickly know the day to day of the crypto space. I like Bitcointalk because it is as if it were my home, there is a lot of activity, the feedback is very genuine and reflects the feelings of the members and that makes me more interested in the community.
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According to my experience, I cannot save all my BTCitcoin as My precious Treasure. If all my income is based on Bitcoin and cryptos, I must go to exchange to receive FIAT for my Bitcoin. When trading I choose crypto and if I do not have crypto I must use a small amount of Bitcoin. Because I understand that we must save now in times of crisis, in this position I must play my best strategy to deal with volatility.
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When the Covid19 vaccine is available. We will see better the economic situation that we have to rebuild. I think we are living in other times than 100 years ago and the damages cannot be compared. We just have to be patient, take care of ourselves and care for the people around us.
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