Taufik blackspade team
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July 13, 2020, 01:17:16 PM |
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This time period is not really good, so it is very difficult to earn profits. The market may have risen very well over the past 3 months but nothing is certain in the near future as people are still very worried about Covid-19. Personally, I would only choose to invest when there is a vaccine because it is certainly news that can restore the entire economy and the crypto market is likely to enter the strongest stage of development.
if you think when many people took their money yesterday to make ends meet because of a pandemic. and it doesn't have much effect on the whole market. wouldn't it be very bad when they would come back with a sizable amount of money that would enter the crypto market? now altcoin market conditions already look good, and later there will be a sizable adoption of the market again. it will make a pump. this is just my speculation, and I am taking the risk now.
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Iyeman
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July 13, 2020, 02:24:02 PM |
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I doubt that it is necessary to invest in this or that cryptocurrency now, it is risky. Those who can, better engage in trading.
Guy tell me, is trading less risky than investing? I think not. If you use special software, you can significantly reduce the risks when trading. Brother, check out this site https://tradingbot.info/trading-bots-for-binanceThat's only helping us to do a trade while we are offline but it can bring us to the big loss when the market gets a flash dump. It's also very risky to use bot as when it comes to the scam bot trading and our amount can be stolen too. It's very bad choice to use the trading bot and it will not give us guarantee to avoid the loss
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bukham88
Member
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Activity: 406
Merit: 11
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July 13, 2020, 02:41:19 PM |
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no one knows for sure the rise or fall of the cryptocurrency market, because the big capital holders in the crypto world make a fake move that makes other investors panic to buy or sell it.
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Natalim
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July 13, 2020, 09:14:35 PM |
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Income depends on what you do.
In general, the market still exist so if you are working, you can still cash out your salary, same if you are trading as the liquidity is still good. What would be affected if there's a recession are those long term investors since the market is very unpredictable and we know crypto market is somewhat correlated to our economic situation, so when people will struggle, it's not possible the market will also struggle.
You are right. traders may follow market trends. and that won't have much effect on traders because most of them will surely store their assets in stable coins. while those who will be most affected are long-term investors. if there is a decrease it will put pressure on their psychology. Dexion I am a long-term investor, and can you please explain to me how can we be the most affected by market trends? Volatility is constant in crypto-markets, but in long-term the market is growing. Sorry but I don't feel any pressure. I am satisfied with the current market, and I am investing more, all for long-term holding, it's a great time for buying, one day these prices now will be considered as cheap. Great answer, you should never feel that pressure because we are investing for long term, and if we have not matured yet being a long time investor already, we would not be able to survive holding. The pressure is only happening for those investors who doesn't trust the market and does not understand the market movement, if we have, we can just sit calmly while waiting for the next bull run to dump our coin with a decent profit.
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Lanatsa
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July 13, 2020, 09:22:18 PM |
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Income depends on what you do.
In general, the market still exist so if you are working, you can still cash out your salary, same if you are trading as the liquidity is still good. What would be affected if there's a recession are those long term investors since the market is very unpredictable and we know crypto market is somewhat correlated to our economic situation, so when people will struggle, it's not possible the market will also struggle.
You are right. traders may follow market trends. and that won't have much effect on traders because most of them will surely store their assets in stable coins. while those who will be most affected are long-term investors. if there is a decrease it will put pressure on their psychology. Dexion I am a long-term investor, and can you please explain to me how can we be the most affected by market trends? Volatility is constant in crypto-markets, but in long-term the market is growing. Sorry but I don't feel any pressure. I am satisfied with the current market, and I am investing more, all for long-term holding, it's a great time for buying, one day these prices now will be considered as cheap. Great answer, you should never feel that pressure because we are investing for long term, and if we have not matured yet being a long time investor already, we would not be able to survive holding. The pressure is only happening for those investors who doesn't trust the market and does not understand the market movement, if we have, we can just sit calmly while waiting for the next bull run to dump our coin with a decent profit. Easy to say but really hard to be done no matter how hard you do believe that there is a reward for waiting up for too long and as human then its just normal to have second thoughts in mind that will surely pressure you along the way and thinking up the other ways or possibilities that might happen ahead.Not all things that we do believe will certainly happen and thats where pressure and worries are being created.Its a matter of risk though yet each people do have their own level when it comes to this thing.
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Republikcoin.com
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Leading Crypto Sports Betting & Casino Platform
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July 14, 2020, 01:35:34 AM |
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no one knows for sure the rise or fall of the cryptocurrency market, because the big capital holders in the crypto world make a fake move that makes other investors panic to buy or sell it.
That is right none can predict what will happen, more than that it is harder during the pandemic to predict something. But as you know If we want to see the change in the price of altcoins, firstly BTC should to move. Then we can see that, altcoins will also start increasing. It seems it will take a bit long time, but l wait for something better till the end of the year. so we only need to pay attention to bitcoin at this time. yeah, that's not wrong. however, so far the price of bitcoin has really been very stable at $ 9k, and it's been a few months. however, when the price of bitcoin reaches the level of $ 10k or $ 11k, it will make changes in the price of altcoin, and I am sure there will be coins that rise up to 2x the current price.
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diskodasa
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July 14, 2020, 05:18:20 AM |
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In fact, Covid-19 does not affect the crypto market and it makes this market a lot better so any investment in this period is also good for you to hold. I think it is possible for ETH to reach $300 in a short time as the value of many large coins is on the rise. However, any time you should have a plan in advance because if not prepared you will certainly face great risks.
the crypto market might look fine and better. but if the situation of this pandemic never existed, I'm sure the market will be much better. halving events that failed I think there is one of them due to this plague. we should be grateful because, in a situation like now, I think crypto traders can still get income. Currently, you can still earn a good profit from this market and the investment demand is still very high, so this will definitely be a good time for you to consider buying some cheap coins. This pandemic has greatly affected the lives of so many people but this is also a great opportunity for me because I have more time to learn about this market. Of course, before deciding to buy or sell I spend time researching because every decision will affect my profits.
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SillyGirl
Jr. Member
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July 15, 2020, 09:08:43 AM |
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StephenJH
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July 15, 2020, 11:06:42 PM |
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now we can only wait until the crypto market is stable, because so far the crypto market is difficult to predict because it is caused by various factors, one of which is the COVID-19 pandemic.
I think COVID-19 makes a lot of things out of control. to be honest, I predict that the current price of ethereum can reach more than $ 300. it's just that, due to these uncertain conditions, the price of an altcoin is like not moving. Yeah, but most likely the price of altcoin could be higher in the rest of the month this year. That is right Covid-19 destroyed the whole economy and there is still an impact on the crypto-world. As you above mentioned ETH can reach more than 300$. It is not a big goal for ETH, ETH has a huge potential to be one of the best cryptocurrencies as right now. l think also that in the near future something will be better about the prices. We should wait for this time. In fact, Covid-19 does not affect the crypto market and it makes this market a lot better so any investment in this period is also good for you to hold. I think it is possible for ETH to reach $300 in a short time as the value of many large coins is on the rise. However, any time you should have a plan in advance because if not prepared you will certainly face great risks. You are also right on that, however, l mean covid-19 has destroyed economy of the world. It has also affected on crypto space, something can be more different than right now. But we can say that crypto market has survived from the corona. Yes, none do say that ETH can not reach 300$ or something else. l know it is not a big goal for ETH, but it will not happen nowadays, we should patient for see this price.
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