Is it true that Corona Virus may effect trading?

[WSDN]

The effect of the covid-19 is evident in all the markets worldwide, it was logical, it is fundamental, the emotions were evident, even even the gold fell a little, those traders who took advantage of the fall were many, all important event in The world will have an effect on the market for both Bitcoin and everyone.

Covid-19 affected investor psychology very much, and in the second half of this year, the whole world economy declined very quickly in just a short time. I'm very bored at home, and my current job has to stop temporarily. Covid-19 affects the lives of millions of people around the world, and I just want a vaccine to stop it. Of course, vaccines will be the news that can make the whole economy recover and investment demand will rise again.

[cheezcarls]

Why there are so many threads like this? What does BTC and crypto trading have to do with COVID-19? Like affecting it's price and make traders panic because of the economic collapse?

I don't think it affect that much, and traders keep trading like the normal days. While the economy collapsed, cryptocurrency and blockchain have benefited more from it. Before the lockdown happened here in my city, Bitcoin was treading water from $5k to $5.5k.

Now we're treading water at $9k to $9.5k range and blockchain-related jobs, virtual events and demand have surged even more.

[iv4n]

Why there are so many threads like this? What does BTC and crypto trading have to do with COVID-19? Like affecting it's price and make traders panic because of the economic collapse?

I don't think it affect that much, and traders keep trading like the normal days. While the economy collapsed, cryptocurrency and blockchain have benefited more from it. Before the lockdown happened here in my city, Bitcoin was treading water from $5k to $5.5k.

Now we're treading water at $9k to $9.5k range and blockchain-related jobs, virtual events and demand have surged even more.

Well I think we have so many threads like this one because people are brainwashed. This is only a try to sum it up, this government campaign is like "wash your hands, while we wash your brain". Covid is everywhere around, they locked us down and on tv and newspapers only things you could see is Covid, how many new sick people we have, how many have died, how strong virus it is, what are we going to do about it, bla bla bla...
Lock down have a positive effects on crypto, simply many people didn't have what else to do than to search internet, and probably the most searches were about how to make some money online, crypto is more popular than ever and people had time to check more about it.

[goaldigger]

The effect of the covid-19 is evident in all the markets worldwide, it was logical, it is fundamental, the emotions were evident, even even the gold fell a little, those traders who took advantage of the fall were many, all important event in The world will have an effect on the market for both Bitcoin and everyone.

The virus affects everything, well it can be a good or bad effect to anyone. But in trading, its not that much since we always move depend on the market trend and market situation, so this is just like a normal scenario in trading where you have to cut your losses in order to minimize the losses and buy again when you see the opportunity price to enter. If you get too emotional then it will be hard for you to trade right now, better to build yourself first and set aside that emotions.

[rodskee]

The virus affects everything, well it can be a good or bad effect to anyone. But in trading, its not that much since we always move depend on the market trend and market situation, so this is just like a normal scenario in trading where you have to cut your losses in order to minimize the losses and buy again when you see the opportunity price to enter. If you get too emotional then it will be hard for you to trade right now, better to build yourself first and set aside that emotions.

The market moves according to traders sentiments, if you are working with this business you need to setup everything
according to how you understand the situations.
Corona might impact investors in terms of wisely use their money, there are people who choose to stay away from the
market and keep their money.
Making sure that they've got enough funds to fill their everyday needs, instead of placing an entry they are postponing
and reassess the market trends.

[AniviaBtc]

I dont see any correlative connection between them, crypto trading will not be affected on coronavirus because we are on digital. There's probably a high chance if that has come from the stock market and it is physically involved. I dont see any valid reason if Crypto trading will affected to the world epedimic today. Stay at home and you will be safe from that virus.

The only relation that I see is that during economic crisis, world economy is really struggling to manipulate and help their economy to recover. Cryptocurrency is not that really affected from this pandemic and they have different targets and platform to be affected with.

It is not that because economy is in a downward movement, trading will also occur in a downward movement.

They are not that really related to each other. You can trade whenever you want in the market but you just need to make sure the market situation. Just continue trading until you're getting profit from it and stop when it is not. Covid-19 can promote the use of cryptocurrency but not directly affect the trading in the market.

[isaac_clarke22]

Why there are so many threads like this? What does BTC and crypto trading have to do with COVID-19? Like affecting it's price and make traders panic because of the economic collapse?

I don't think it affect that much, and traders keep trading like the normal days. While the economy collapsed, cryptocurrency and blockchain have benefited more from it. Before the lockdown happened here in my city, Bitcoin was treading water from $5k to $5.5k.

Now we're treading water at $9k to $9.5k range and blockchain-related jobs, virtual events and demand have surged even more.

This thread just got bumped as it was posted back in March.

In the end, there's just minimal to no effect on crypto since every single thing that you'll almost do in crypto is in digital and that counts no physical contact that leads to the risk of infection unless you're still doing personal trades to other people from afar but I don't think that many people do that anyway.

If there's anything of an investment that it got affected, it would be the stock market nonetheless.

It's kinda crazy that Bitcoin dipped to 5k like it was back in 2018 when it went even more below that and there's even no pandemic that happened that year.

[Macy Jones]

Is it true that Corona Virus may effect trading?

Is it true that Corona Virus is affecting Cryptocurrency trading? If so then I have some ideas which may help to prepare the vaccine in short period of time to control the Corona Virus. However I am unable to find a forum where I may share my ideas.

Coronavirus has a direct impact on financial markets and forex trading and it will continue to do so for a long period of time. There is high volatility in the market due to COVID-19

[spike420211]

Is it true that Corona Virus may effect trading?

Is it true that Corona Virus is affecting Cryptocurrency trading? If so then I have some ideas which may help to prepare the vaccine in short period of time to control the Corona Virus. However I am unable to find a forum where I may share my ideas.

Coronavirus has a direct impact on financial markets and forex trading and it will continue to do so for a long period of time. There is high volatility in the market due to COVID-19

Most likely the fault is not so much the coronavirus as the quarantine measures that it entailed. In some countries, as you know, quarantine was not introduced, and the economy continued to operate normally.
It is possible that if the quarantine measures were not so tough in America and China, we would not have seen such a strong drop in quotations.

[Wexnident]

The word trading can be a vague term to describe a few things, it might be the market itself, the traders themselves, both, or maybe some other factor. Tbh, even with it affecting the market in general, just by seeing the market today, you could see that it made quite a successful recovery from the damage it "possibly" dealt. As for traders being affected, I doubt it much. Even if there were some infected traders, I doubt the market would be affected that much, I mean, the amount of people that trade every day is enormous and a part of them being infected and stopping trading shouldn't be that huge.

Also, if you want to give ideas to help the vaccine for COVID - 19, go to a hospital mate. Or just look up contact numbers of medical agencies or something. You should be able to coordinate with them more than enough and I'm pretty sure your ideas are much more well understood when heard by a professional (that is unless they identify you as being crazy even before hearing your idea).

[shield132]

Why there are so many threads like this? What does BTC and crypto trading have to do with COVID-19? Like affecting it's price and make traders panic because of the economic collapse?

I don't think it affect that much, and traders keep trading like the normal days. While the economy collapsed, cryptocurrency and blockchain have benefited more from it. Before the lockdown happened here in my city, Bitcoin was treading water from $5k to $5.5k.

Now we're treading water at $9k to $9.5k range and blockchain-related jobs, virtual events and demand have surged even more.

There is a link between trading and Covid 19. For example, during this lockdown, number of players have significantly increased in online and live casinos. That was the result of people staying at home for a long time. Logically, same should apply to trading and yeah, that happened. When you are stuck at home and think about other possibilities to earn money, trading will be the most common thing you'll see online. So this made a lot of people interested in trading and as a result volume has increased a lot.

Price is a whole different subject because there happened opposite of what people were thinking and saying. Bitcoin was able to be stable in such a hard moments. I think Covid proved to people that bitcoin is different from their centralized USD and there is some light in it.

[famososMuertos]

Three months after your question, the time has served to answer you, more than any prediction that the first users who answered could make, certainly some very correct in their guesses.

Although there is a tendency to guide this type of question, on the negative side, the reality is that its effect has been positive on the volume of trade if we compare it with the same period of the previous year, which has been greater, seeking a comparison that allows us to have an objective look to use an external agent like covid 19.

[hulla]

Why there are so many threads like this? What does BTC and crypto trading have to do with COVID-19? Like affecting it's price and make traders panic because of the economic collapse?

I don't think it affect that much, and traders keep trading like the normal days. While the economy collapsed, cryptocurrency and blockchain have benefited more from it. Before the lockdown happened here in my city, Bitcoin was treading water from $5k to $5.5k.

Now we're treading water at $9k to $9.5k range and blockchain-related jobs, virtual events and demand have surged even more.

There is a link between trading and Covid 19. For example, during this lockdown, number of players have significantly increased in online and live casinos. That was the result of people staying at home for a long time. Logically, same should apply to trading and yeah, that happened. When you are stuck at home and think about other possibilities to earn money, trading will be the most common thing you'll see online. So this made a lot of people interested in trading and as a result volume has increased a lot.

Price is a whole different subject because there happened opposite of what people were thinking and saying. Bitcoin was able to be stable in such a hard moments. I think COVID proved to people that bitcoin is different from their centralized USD and there is some light in it.

You guys both make a quality point and i agreed with @shield132 because there was high traffic of crypto trading and investors during the total lockdown while there also increase in number of panic/emergency of bitcoin sell we also see some investors accumulating Gold.
Meanwhile, covid 19 will make both postive and negative impact on the market but its the level of every individual understand and trust in the market will determine what will happen.

[imstillthebest]

Why there are so many threads like this? What does BTC and crypto trading have to do with COVID-19? Like affecting it's price and make traders panic because of the economic collapse?

I don't think it affect that much, and traders keep trading like the normal days. While the economy collapsed, cryptocurrency and blockchain have benefited more from it. Before the lockdown happened here in my city, Bitcoin was treading water from $5k to $5.5k.

Now we're treading water at $9k to $9.5k range and blockchain-related jobs, virtual events and demand have surged even more.

There is a link between trading and Covid 19. For example, during this lockdown, number of players have significantly increased in online and live casinos. That was the result of people staying at home for a long time. Logically, same should apply to trading and yeah, that happened. When you are stuck at home and think about other possibilities to earn money, trading will be the most common thing you'll see online. So this made a lot of people interested in trading and as a result volume has increased a lot.

Price is a whole different subject because there happened opposite of what people were thinking and saying. Bitcoin was able to be stable in such a hard moments. I think COVID proved to people that bitcoin is different from their centralized USD and there is some light in it.

You guys both make a quality point and i agreed with @shield132 because there was high traffic of crypto trading and investors during the total lockdown while there also increase in number of panic/emergency of bitcoin sell we also see some investors accumulating Gold.
Meanwhile, covid 19 will make both postive and negative impact on the market but its the level of every individual understand and trust in the market will determine what will happen.

positive effects is still high compare to the negative effect of covid because  people are more aware in crypto . this include new people that havent know crypto before , those that leave crypto can still come back soon and if that happens crypto will now become powerful than before .

the price is the same because like i said earlier there are people that sell and there are people that buy . the only thing that improve is the awareness which is still a win win situation  .

[FanEagle]

Does it affect your trading? I personally could say that liquidation is very low right now which means it both affects trading but also doesn't as well. It does effect it in the sense that people are not trading as much as they used to which drops the volume and liquidation and that means it is more vulnerable towards manipulation however that is only viable because people are afraid of trading to begin with.

It also doesn't because people who are not afraid and still want to trade just goes out and trade it, sure it was a moment when it dropped and went high again and that is due to covid but right now that is gone and people who trade right now have nothing to do with corona at all. That is why I think people who are affected are effected but the ones who are not continues like nothing happened.

[darewaller]

The effect of the covid-19 is evident in all the markets worldwide, it was logical, it is fundamental, the emotions were evident, even even the gold fell a little, those traders who took advantage of the fall were many, all important event in The world will have an effect on the market for both Bitcoin and everyone.

I agree and I believe the price that dropped recently after corona was dominating had something to do with covid-19 too because people were feeling like the world has come to an end and there was panic all around. In fact, I heard a lot of miners stopped and such rumors were imminent.

I believe the crypto trading is eventually not influenced too much though because there were positive and negative both type of trades, while some wanted to sell their coins to liquid their situation and get some money rolling in times of no jobs and scarcity while at the other hand there were guys who saved much more money by cutting out on their spending so they were positive and buy bitcoins and hence I believe eventually it was just neutral overall talking of the impact of pandemic on trading for crypto.

[Renampun]

I see the corona effect only occurs at the beginning of March...

...

Although there is a tendency to guide this type of question, on the negative side, the reality is that its effect has been positive on the volume of trade if we compare it with the same period of the previous year, which has been greater, seeking a comparison that allows us to have an objective look to use an external agent like covid 19.

You are right, last year's trading volume can be compared with the current year. the corona effect is not so influential in the crypto market.

[hulla]

Why there are so many threads like this? What does BTC and crypto trading have to do with COVID-19? Like affecting it's price and make traders panic because of the economic collapse?

I don't think it affect that much, and traders keep trading like the normal days. While the economy collapsed, cryptocurrency and blockchain have benefited more from it. Before the lockdown happened here in my city, Bitcoin was treading water from $5k to $5.5k.

Now we're treading water at $9k to $9.5k range and blockchain-related jobs, virtual events and demand have surged even more.

There is a link between trading and Covid 19. For example, during this lockdown, number of players have significantly increased in online and live casinos. That was the result of people staying at home for a long time. Logically, same should apply to trading and yeah, that happened. When you are stuck at home and think about other possibilities to earn money, trading will be the most common thing you'll see online. So this made a lot of people interested in trading and as a result volume has increased a lot.

Price is a whole different subject because there happened opposite of what people were thinking and saying. Bitcoin was able to be stable in such a hard moments. I think COVID proved to people that bitcoin is different from their centralized USD and there is some light in it.

You guys both make a quality point and i agreed with @shield132 because there was high traffic of crypto trading and investors during the total lockdown while there also increase in number of panic/emergency of bitcoin sell we also see some investors accumulating Gold.
Meanwhile, covid 19 will make both postive and negative impact on the market but its the level of every individual understand and trust in the market will determine what will happen.

positive effects is still high compare to the negative effect of covid because  people are more aware in crypto . this include new people that havent know crypto before , those that leave crypto can still come back soon and if that happens crypto will now become powerful than before .

the price is the same because like i said earlier there are people that sell and there are people that buy . the only thing that improve is the awareness which is still a win win situation  .

The awareness and usage of crypto broadened due to number of crypto exchange user traffic level but if we calculate the level downtrend and uptrend of the market i can say it a 50-50 percentage and the important thing is that the market maintain price range that prevent huge panic sell.

[xandriel]

The effect of the covid-19 is evident in all the markets worldwide, it was logical, it is fundamental, the emotions were evident, even even the gold fell a little, those traders who took advantage of the fall were many, all important event in The world will have an effect on the market for both Bitcoin and everyone.

I agree and I believe the price that dropped recently after corona was dominating had something to do with covid-19 too because people were feeling like the world has come to an end and there was panic all around. In fact, I heard a lot of miners stopped and such rumors were imminent.

I believe the crypto trading is eventually not influenced too much though because there were positive and negative both type of trades, while some wanted to sell their coins to liquid their situation and get some money rolling in times of no jobs and scarcity while at the other hand there were guys who saved much more money by cutting out on their spending so they were positive and buy bitcoins and hence I believe eventually it was just neutral overall talking of the impact of pandemic on trading for crypto.

In general, COVID-19 does not have much influence on this market and until now, the crypto market has remained stable during this period. I think people are too scared when it comes to this disease and if there is a vaccine then the situation will become more positive. Of course, it will take a lot of time, and we are not sure anything when investing, so it is best to sit still instead of choosing to invest in this period.

[Lorence.xD]

The effect of coronavirus on trade is really already felt.

Well, not all markets are affected, stock will be hit hard because they are physical companies that need workers while cryptocurrency is not affected, the people that are panic selling are probably regretting their decision.

In general, COVID-19 does not have much influence on this market and until now, the crypto market has remained stable during this period. I think people are too scared when it comes to this disease and if there is a vaccine then the situation will become more positive. Of course, it will take a lot of time, and we are not sure anything when investing, so it is best to sit still instead of choosing to invest in this period.

Exactly, the prices are not dictated by the pandemic maybe some people that are selling needs the cash because they need to sustain their needs in this dire times, vaccine would dramatically change things permanently because we will be marked with an unforgettable lesson. I do think that this is the best time to invest because most prices are experiencing dip and I think that is an oppurtunity for many to purchase stocks or sometimes crypto at a lower price.