Trading in the pandemic

[Viscore]

The pandemic pushes many people to go trading at any platform. They probably have another choice to choose without risking much but because trading is somewhat unable to ignored especially when you have the knowledge and past experience in trading, it drives you to try again. What I see today is that new traders had come and try, I hope they are doing well and profiting. And have to be prepared as well of the incoming and have to make sure that they are able to control their emotions.

[bounceback]

There is no problem trading during a pandemic or not, because the aim of trading is to get a big profit even if a situation is in a pandemic state. The market will never stop as long as there is still profit in terms of buying and selling, even though the pandemic state as long as internet access and the market remains active trading will continue. Even during a pandemic like this, the volume of transactions will increase because many traders spend a lot of time at home trading and are not tied to office work or other work. Every day there will be more and more bitcoin and altcoin traders if the pandemic crisis hasn't stopped because they are looking for opportunities to get profit and income for their daily needs.

[CryptocurencyKing]

There is no problem trading during a pandemic or not, because the aim of trading is to get a big profit even if a situation is in a pandemic state. The market will never stop as long as there is still profit in terms of buying and selling, even though the pandemic state as long as internet access and the market remains active trading will continue. Even during a pandemic like this, the volume of transactions will increase because many traders spend a lot of time at home trading and are not tied to office work or other work. Every day there will be more and more bitcoin and altcoin traders if the pandemic crisis hasn't stopped because they are looking for opportunities to get profit and income for their daily needs.

The online trading market is a 24hours market and runs daily mainly within the working days and trading is one of the constraints that determines the nature or direction of the market within that period. Desasters are a market determinant under the fundamental analysis part of analysis and the thing about desasters is that they could be taken advantage of. It is often severe in a part and less severe in other and as such, one commodity is meant to be stronger than the order.
All you've got yo do is determine the strengths, pair a strong with the weak and take a position based on what you've observed in the market.

[Fatunad]

i think this pandemic made lots of people to think about trading and made lots of new comers loss. they failed a lot and as a result, they lost a lot of money. lots of them had no experience and then they thought they can be rich in this way. so most of them lost everything

I am not sure if new traders lost or made profit because we almost have a bull run since the March drop and I don't know how one can face loss in a bullish market because it is often said that during the bull run everyone makes profit.

A lot of new traders entered the market that's for sure because during these pandemic times everyone had at least one thing and that is, spare time which meant that people tried new things and even guys who were working from home saved a lot of time because they don't have to travel and found side activities and BTC being so popular now days attracted a lot of traders who had nothing to do but to try new things in spare time.

Profit for those who do held or to those who bought in cheap prices but talking about who would be the one to have some loss? Of course to those people
who do actively trade.Theyre playing with the movement of price and it doesnt matter if its a bull run or a bearish market yet they do still continue to trade.
On with this pandemic then some people do sees it as an alternative but i would say that this wont really be taken easily because instead of making money
then you might be losing instead this is why its better to study first and learn it up and dont rush up because it cant be learn overnight.

[coiner-88]

I think cryptographic money day by day exchange has no set of experiences to allude or view for rehashed event. Aside from purchasing a specific coin when it drops to hodl and exchange when cost begins expanding. I need to money out a portion of my property so I can uphold my every day needs and this is the reason I botched numerous chances during the siphon and dump pattern. The individuals who have extra appreciates that second however the individuals who are enduring monetarily as a result of pandemic, they need to sell their resources.

[South Park]

I don't see much of a difference for traders.
It seems to me that trading is easier now than a year ago in the same period. Now bitcoin is growing, followed by the entire cryptocurrency market.
Obviously, long positions are much easier than short positions, which means now is a great time for traders to make money.

I agree. Trading when there is a clear strong trend in the market is really easy . It is much more difficult to trade in a flat. Now the market is bullish and one should be very careful when opening short positions.

That is just the way it is, investing or trading when the market is going up makes everyone feel as if they are geniuses and that it is not as hard as they thought, but once the market crashes or it goes flat that is when you can distinguish the good traders from the bad ones, I am curios about how all this will end, we are now close to the 16k level and we may surpass it in a few days, if that happens then we will be very close to make an attempt at the ATH but I wonder if this is a trap by the whales and they will just crash the market again.