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Author Topic: Is it true that Corona Virus may effect trading?  (Read 1693 times)
bitbunnny
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October 17, 2020, 08:01:57 PM
 #201

This pandemic affected every aspect of our lives directly or indirectly so trading isn't exception. Some people are more keen to panic, it's hard to predict what will happen and how and traders also feel this insecurity. I don't know if someone has carried out some research about impact of pandemic of crypto trading but I"m sure there are consequences.

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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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kolbalish
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October 19, 2020, 12:56:44 PM
 #202

I don't see any correlative connection between them, crypto trading will not be affected by 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 don't see any valid reason if Crypto trading will affect the world epidemic today. Stay at home and you will be safe from that virus.
I imagine so similarly because it is an online procedure. There is no possibility to effect Covid-19 here. The ups and downs of the market may be expected to something. Heretofore it is not permanent, anything can transpire, but not for the Covid-19.

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October 20, 2020, 01:45:12 PM
 #203

This pandemic affected every aspect of our lives directly or indirectly so trading isn't exception. Some people are more keen to panic, it's hard to predict what will happen and how and traders also feel this insecurity. I don't know if someone has carried out some research about impact of pandemic of crypto trading but I"m sure there are consequences.

It simply imply that this pandemic didn't affect the real business small or big business, established or newly raise business. This pandemic left no exception when it comes to a economic crisis and so the online trading were affected too. Cryptocurrency were also affected by this pandemic, as what we have observed on the market on the first semester of this year where pandemic were started to spread worldwide the crypto values were also on its downfall. Its amazing to think how cryptocurrency market manage to get up despite of pandemic.

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October 25, 2020, 08:58:26 PM
 #204

This pandemic affected every aspect of our lives directly or indirectly so trading isn't exception. Some people are more keen to panic, it's hard to predict what will happen and how and traders also feel this insecurity. I don't know if someone has carried out some research about impact of pandemic of crypto trading but I"m sure there are consequences.
Bitcoin has laid the foundation for the future of finance. Cool The broader cryptocurrency market is set for a Cambrian explosion of assets and a market comparable to the creation of the internet itself. As COVID-19 acts as a catalyst in the dismantling of old institutions and legacy financial systems, it will pave way for cryptocurrency and tokens to take their place. I believe Bitcoin will be worth more than $ 50,000 after the coronavirus pandemic.

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October 26, 2020, 06:14:36 AM
 #205

This pandemic affected every aspect of our lives directly or indirectly so trading isn't exception. Some people are more keen to panic, it's hard to predict what will happen and how and traders also feel this insecurity. I don't know if someone has carried out some research about impact of pandemic of crypto trading but I"m sure there are consequences.

This pandemic effect to trading was been seen by the first of the year, but it is amazing to watch crypto market  get up each day passes even we have facing pandemic crisis today. It is so relevant that every business were been affected by the drought that this pandemic brought, many of small business were declared bankrupt and even some big business were been closed by long time. It is amazingly how cryptocurrency been able to get up, and see how the market get that green lines, indicating positive income.
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October 26, 2020, 02:36:01 PM
 #206

This pandemic affected every aspect of our lives directly or indirectly so trading isn't exception. Some people are more keen to panic, it's hard to predict what will happen and how and traders also feel this insecurity. I don't know if someone has carried out some research about impact of pandemic of crypto trading but I"m sure there are consequences.

But rather trade I think hodling is more affected. Trading is not affected in my thinking because the market continues to fluctuate and traders make profit from it but hodling a coin now is risky as price of some coin refuse to go up , if price don't go up hodlers don't make profit.
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October 26, 2020, 02:48:51 PM
 #207

Wow! This is very much unlikely to occur @OP. It is a lie from the depths of hell. I don't see how this could ever happen. One thing we most know about trading is this, which ever way the news thus go, it's always going to favour one coin or the other.
That's the beauty of trading, it never stops and it just keeps going on and on. What might reduce is the volatility but then, volatility doesn't depend on any pandemic or serious element to either increase or reduce. It depends on individual traders perception of the market and possibly in the course of awaiting news.
Traders have more advantage than most other fields in the cryptosphere as it is a 24hour market and doesn't depend on any physical constraint to run smoothly.
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October 26, 2020, 03:56:56 PM
 #208

Actually this pandemic made some shake up in the industry in it early stage, we saw those weak hands that couldn't hold their coins because of the fear created from the process. The whales did caused the pandemonium and those newbies with weak hands actually fell into their traps by sell out their stash which was later sold back higher to them. 

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October 26, 2020, 08:06:08 PM
 #209

I don't see any correlative connection between them, crypto trading will not be affected by 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 don't see any valid reason if Crypto trading will affect the world epidemic today. Stay at home and you will be safe from that virus.
I imagine so similarly because it is an online procedure. There is no possibility to effect Covid-19 here. The ups and downs of the market may be expected to something. Heretofore it is not permanent, anything can transpire, but not for the Covid-19.

I my opinion, it can affect crypto trading. Staying more at home or even sometimes, staying at home almost all the time, people start thinking what to do to make money. They Google a lot, and stay online. As the internet has a bunch of information about crypto, many guys can try to get involved in it.
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October 27, 2020, 02:05:26 PM
 #210

The virus has affected not only business but everything besides factories inside the country may be closed workers may be laid off recruitment may be stopped and salaries may be stopped careful advance preparation is required to avoid such situations. Government support for low-income people needs to be increased even if the expenditure increases the income of the government will decrease the budget deficit will increase further the macro economy will face big challenges in all aspects.
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