Is it true that Corona Virus may effect trading?

[Kong Hey Pakboy]

Almost every country's economy is under threat thanks to the virus it's true that the coronavirus can affect trade and lots of countries around the world are on the verge of shutting down imports and exports. There are many crises within the garment sector including raw materials but the govt is trying to allocate more to the health sector When there's doubt about the assembly of products thanks to lack of staple traders need to take care of exporting it after production This is because the quantity of tourism and shopping is declining in China also because of the global corona spread.

The whole economy is still in a very difficult period and I think it will take several years for this economy to recover. In fact, Covid-19 upset the lives of so many people and all my previous plans were cancelled since the outbreak. However, the most interesting thing here is that the crypto market has not been affected much by this epidemic and this makes me very surprised because until now the crypto market has become better over the past few months.

Indeed. The crypto market has not been affected since bitcoin halving has started, even we are in the middle of the pandemic. That is why crypto users are not having problems managing their portfolios than people who have invested their money in stocks that they are now having issues with how they will pull out their money.

[Btc_1856]

Almost every country's economy is under threat thanks to the virus it's true that the coronavirus can affect trade and lots of countries around the world are on the verge of shutting down imports and exports. There are many crises within the garment sector including raw materials but the govt is trying to allocate more to the health sector When there's doubt about the assembly of products thanks to lack of staple traders need to take care of exporting it after production This is because the quantity of tourism and shopping is declining in China also because of the global corona spread.

The whole economy is still in a very difficult period and I think it will take several years for this economy to recover. In fact, Covid-19 upset the lives of so many people and all my previous plans were cancelled since the outbreak. However, the most interesting thing here is that the crypto market has not been affected much by this epidemic and this makes me very surprised because until now the crypto market has become better over the past few months.

Indeed. The crypto market has not been affected since bitcoin halving has started, even we are in the middle of the pandemic. That is why crypto users are not having problems managing their portfolios than people who have invested their money in stocks that they are now having issues with how they will pull out their money.

You are right, people who invested in the share market and stocks have already lost the huge amount of money due to pandemic, crypto users are always finding their own idea to find out the best coin for investments, now the situation of the market is in control because Covid-19 didn't affect the cryptocurrency.

[Wafilian]

Not just cryptocurrency rapprochement but the global market economy has been affected by the epidemic. If you look at the current state of the USD, you can see how much it has affected. No currency is in a good position. The market is very volatile.

[Mrengage]

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.

What is the bottom line of your question dude? In fact, I don't see the connection of corona virus in crypto trading.
Because We are in digital technology in terms of virtual money. Therefore, my is that it don't have any effect in crypto trading
in regardless of corona virus, Good day

Adding to your response, back at 2018 to 2019 I believe we experience huge Barish market if am not mistaken, so pandemic cases have no connection to trading. We are digit now!.

[KnightElite]

It is not really trading, it is economy that was under attack. Think of a world (shouldn't be hard) where people never go to work, they are at home, many business closes, nobody makes money, everyone is out of a job, and you think bitcoin wouldn't be affected? People keep forgetting that bitcoin wasn't created so that you could make more money during crisis, it was created because after the crisis (this one and on all other previous ones) governments managed to give rich people tons of money while poor people got screwed, hence that is why I think bitcoin is valuable.

If you had bitcoin during this period, you made your money back to what it was, if you had dollars you got help from government while rich people got 10x more than you did (probably even more) hence bitcoin makes people equals even if they are poor or rich.

There is already an effect to the economy more specifically in cryptocurrency market, remember when the coronavirus is still in hot issues and the price of the bitcoin dropped to $3000 per each. That time, everybody is fearful because there is panic everywhere. Not only the bitcoin dropped but the majority of altcoins are also experienced it. Even in indices, there major crashed happened because the global economy collapsed.

[Rono]

This is not only cryptocurrency whole world are now in victims of Corona virus.All of currency are now in affected for it.It is really true whole world are facing the problem for epidemic situation.No one can get rid of this suddenly.It takes lot more time to recover.All the sectors were shut down  now slowly it will re open and many more people are undergone this situation.Corona make people suffer general people are in the road side.

[Inkdatar]

This is not only cryptocurrency whole world are now in victims of Corona virus.All of currency are now in affected for it.It is really true whole world are facing the problem for epidemic situation.No one can get rid of this suddenly.It takes lot more time to recover.All the sectors were shut down  now slowly it will re open and many more people are undergone this situation.Corona make people suffer general people are in the road side.

Well agreed the whole world economy is struggling to this virus, on the contrary, the affected the most are those traders that cannot sustain their needs during these tough times. Even there is pandemic the brighter side that most of us were able to manage this current situation and still able to do trading. So globally are affected and only vaccine can resolve this crisis we're facing.

[Majharul Saiif]

At the moment I don't think that the coronavirus has an effect on trading. However, this might change in the future. We all see that the world economy and market already suffer some consequences due to the virus spread so if this escalates and lasts for a longer period of time crypto market might get affected too. Let's hope for the best that this not happens but on the other side, we need to be prepared in every scenario.

So far this has not ensued. However, since the prevalence of corona is not lessening, frivolity can be announced for sure yet. If it continues like this then trading could have a tragic effect in the imminent future.

[MWesterweele]

It is not really trading, it is economy that was under attack. Think of a world (shouldn't be hard) where people never go to work, they are at home, many business closes, nobody makes money, everyone is out of a job, and you think bitcoin wouldn't be affected? People keep forgetting that bitcoin wasn't created so that you could make more money during crisis, it was created because after the crisis (this one and on all other previous ones) governments managed to give rich people tons of money while poor people got screwed, hence that is why I think bitcoin is valuable.

If you had bitcoin during this period, you made your money back to what it was, if you had dollars you got help from government while rich people got 10x more than you did (probably even more) hence bitcoin makes people equals even if they are poor or rich.

There is already an effect to the economy more specifically in cryptocurrency market, remember when the coronavirus is still in hot issues and the price of the bitcoin dropped to $3000 per each. That time, everybody is fearful because there is panic everywhere. Not only the bitcoin dropped but the majority of altcoins are also experienced it. Even in indices, there major crashed happened because the global economy collapsed.

This pandemic not only brought a virus but brought drought to the economy of almost all nations around the world. This drought that a pandemic brought has also an effect to the crypto market as we can see crypto itself was struggling to boast its value up to high peak like in the year 2017. But this pandemic brought people also to get more engaged in technology and hope that a lot more have discovered the cryptocurrency and attract more investors.

[supine]

For me yes it does have an effect on trading people would try to gain while they are force to stay at home for their safety so they might find it a way to earn or be busy while they are staying home.
I have been more active in trading sites nowadays because I don't have much to do so I guess it does have effect on trading or crypto.

[Peanutswar]

For me yes it does have an effect on trading people would try to gain while they are force to stay at home for their safety so they might find it a way to earn or be busy while they are staying home.
I have been more active in trading sites nowadays because I don't have much to do so I guess it does have effect on trading or crypto.

The pandemic coronavirus is spreading and the main target of this is the people and cause losing of the economic wealth many people got infected and some of the higher people who are on the top are donated and helps those people. This virus affects the world of trading, no it's not instead it affects the economic growth due to having a problem of import and export the same with the tourism got stop the trading of the money will stop too because they are now preventing the spreading of infection than continuing the work and the economy. Many hoaxes spread rapidly because when the pandemic outbreak starts the price of the bitcoin falls, well this is naturally volatile so it's too hard to say that it causes by COVID too.

[Spaffin]

Perhaps my thoughts will seem wrong to someone, but nevertheless, in my opinion, the coronavirus pandemic greatly affects the economies of countries, including the value of national currencies. Many investors, as well as ordinary people, in search of alternative assets, pay the most attention to cryptocurrency. That is why the volume of daily cryptocurrency trading has been increasing recently, which indicates an increase in people's interest in cryptocurrency during the coronavirus period.

[Janation]

Perhaps my thoughts will seem wrong to someone, but nevertheless, in my opinion, the coronavirus pandemic greatly affects the economies of countries, including the value of national currencies. Many investors, as well as ordinary people, in search of alternative assets, pay the most attention to cryptocurrency. That is why the volume of daily cryptocurrency trading has been increasing recently, which indicates an increase in people's interest in cryptocurrency during the coronavirus period.

I believe in this too.

There is also a thread that explains that investors in that certain country are being interested in investing in cryptocurrencies, mainly Bitcoin. I think that also is an effect of the pandemic and it could be a positive effect of it since more of us are talking about the negative effect of the pandemic we are experiencing now to trading.

[lienfaye]

There is also a thread that explains that investors in that certain country are being interested in investing in cryptocurrencies, mainly Bitcoin. I think that also is an effect of the pandemic and it could be a positive effect of it since more of us are talking about the negative effect of the pandemic we are experiencing now to trading.

Some people are now focus to look for opportunity online. Thus crypto is one of the option that they can grab to start earning.

This virus affect the market negatively at first due to some investors panic selling because of fud, but it didnt last long since the market recover after few days/months.

We are aware that despite of the pandemic it didnt stop people to engage themselves in crypto to look for opportunity. The reason why the number of traders/investors are increasing.

[Dorodha]

I don’t think your thinking is wrong it’s true that the Corona virus has affected the business. Most of the people are spending their days in despair as everything including business is closed due to the damage to the country's economy. But crypto did not have any effect later everyone is leaning towards crypto and the economy is rapidly recovering and increasing the amount of trade investment.

[Renampun]

For me yes it does have an effect on trading people would try to gain while they are force to stay at home for their safety so they might find it a way to earn or be busy while they are staying home.
I have been more active in trading sites nowadays because I don't have much to do so I guess it does have effect on trading or crypto.

There are 2 types of traders who were formed during this outbreak...

- who are increasingly becoming active trading because they 'stay at home'
- stop trading for fear of running out of funds during the outbreak which it is not clear when will end

This epidemic has affected us mentally and forces us to do things that we don't like especially as traders.

[gabbie2010]

I don’t think your thinking is wrong it’s true that the Corona virus has affected the business. Most of the people are spending their days in despair as everything including business is closed due to the damage to the country's economy. But crypto did not have any effect later everyone is leaning towards crypto and the economy is rapidly recovering and increasing the amount of trade investment.

People are more concerned about their health ' health is wealth' thus corona virus will definitely affect trading, infected people will focus more getting heal quickly while undergoing treatment in isolation thus there won't any room for trading, many countries had already entered recession thus crippling their economic activities no thanks to this pandemic and many business closed.

[CODE200]

This thread has been created at the start of the worldwide infection and spread of coronavirus wherein we have seen a sudden downfall at the prices of crypto currencies in the market but the murmurs have already been settled that there is a quite effect on the market including trading which have already been okay for a couple of months since prices rise up even at the time that the virus is still present. I think there could be a possible effect when it comes to trading for funds of traders are being allotted to health related concerns which can affect the trading market because some or maybe many are pulling out their funds to be able to sustain their needs for medical attention but so far, the effect is not that negative as we can observe for the market is already doing good.

[hahay]

This thread has been created at the start of the worldwide infection and spread of coronavirus wherein we have seen a sudden downfall at the prices of crypto currencies in the market but the murmurs have already been settled that there is a quite effect on the market including trading which have already been okay for a couple of months since prices rise up even at the time that the virus is still present. I think there could be a possible effect when it comes to trading for funds of traders are being allotted to health related concerns which can affect the trading market because some or maybe many are pulling out their funds to be able to sustain their needs for medical attention but so far, the effect is not that negative as we can observe for the market is already doing good.

Yes and also, every event will definitely have an impact on trading so it is not surprising when the panic increases they no longer care about the profits and losses with the trades they have done, at least they will immediately sell to be able to secure their money from the market collapse and that is a worry like just happen. The OP wanted to share some of his ideas but unfortunately it didn't say there, I was just wondering what ideas he had regarding the pandemic, vaccines and trading he was talking about.

[sambuddha]

This is not only cryptocurrency whole world are now in victims of Corona virus.All of currency are now in affected for it.It is really true whole world are facing the problem for epidemic situation.No one can get rid of this suddenly.It takes lot more time to recover.All the sectors were shut down  now slowly it will re open and many more people are undergone this situation.Corona make people suffer general people are in the road side.

Bitcoin is stronger than the coronavirusBTC Is not any secret that the FED printed trillions of dollars to support the economy which crashed due to COVID-19. And on the other hand, USDT has been supporting BTC in terms of price from quite a long time. I believe that a new bull run is coming now.