Is it true that Corona Virus may effect trading?

[wxxyrqa]

It seems to me that we are missing one point that indicates that quarantine, which was introduced due to the coronavirus epidemic, can directly affect the state of the cryptocurrency market.  The fact is that you need to take into account the fact that people in quarantine are at home and every person needs to do something.  Someone watches porn, someone watches a movie or reads books, and is engaged in self-education and can look for alternative sources of income, as well as get acquainted with different digital currencies.  It should be borne in mind that many people can become potential investors in the cryptocurrency, as well as potential traders, which in turn will increase the demand for cryptocurrency and increase public interest in the cryptocurrency market.

[semobo]

It is just crushing the whole world not only the economy but also the mental health of many people all around the world so it definitely affected the cryptocurrency trading activities as well but now people are ready to start buying and selling cryptocurrencies since most of them are locked down and this seems good opportunities to make money while they are staying at home.

[hahay]

This is a fundamental factor so that any influence will always be there in every market and every event will have a large or small impact that all depends and not all markets will have the same level of increase and decrease in large numbers in each case that occurs. By the way, what vaccine do you have to get rid of this pandemic and if it is true that you have the vaccine formula I don't think this is the place, because for that at least you should immediately contact the health or medical authorities to review the vaccine you have.

[iamaruf]

I saw so many people telling that there is no connection trading and Corona virus. But I think Corona Virus effect on trading. People are locked in a room and they can't go outside for work and they need money.That's why so many People cashing out Their btc.also many meet up and conference stopped because of Corona virus. People only looking for their life not for crypto ( for now). So I think corona virus effecting in trading.                 

[kakonhat]

We know it's already affected in trading, but I think, it's a shorter effect. It will be solved as soon as Covid-19 solved.
It's very sad news there is no vaccine found yet.
We hope it will be founded very soon. Otherwise, there will be a very bad effect on the economy all over the world.

[Kurokonobasuke]

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.

When corona virus started it results a huge effect around the world and many people are get infected onto it. In some aspects the corona virus has an effect in trading just like on what happening now, in the way of rapidly down of all market prices, because many people are going panic that's why everything is effected on it .

[aysg76]

Are we going to connect the Coronavirus to pretty much anything now?

But just to answer your question: In terms of stock trading, potentially[1]; but we can only speculate for now. As with bitcoin and cryptocurrency trading, I'm guessing that it will have little to no effect unless certain exchanges suddenly need to temporarily close down due to a bug and it probably wouldn't be fixed immediately assuming less people are going to be working in offices.

[1] https://edition.cnn.com/2020/03/10/business/wall-street-coronavirus-shutdown/index.html

I am on the same page. It has less or no effect on the cryptocurrency as such on one note!

I mean market seems to be recovered pretty faster as we would have imagined it in other way. I mean it should have been dropping like hell but look at it, its stable like heaven.

It may happen that people sitting at home could be into crypto now as they have nothing else to do due to lockdown's and it may happen that crypto will rise further with good intensity.

[CHENIEN]

It was clear that many traders hoping that before they collapse, the coronavirus will end instantly because there is a possible effect that the cure is found, recently even more cryptocurrency traders have not been doing well since the exchange rate of coins has been dropped by a few percent causing of many miners around in which are infected, crypto trading is still defending their economy against this economic crisis.

[SirLancelot]

It actually turned out great if you think about how far we have come compared to everything else. Right now world is in shambles, all companies are thinking how they suppose to make any money, think about all the luxury stuff that people will probably stop buying right now, everyone is trying to save themselves, sure bread sales are probably same, TP sales are through the roof, but think about all the things you do not need right now.

Think about apple, they both have a place in china that they are unsure about manufacturing, plus in USA and all around the world, you think people are going out and buying apple products right now? There is no way that could happen right now. So people will soon realize that apple stock is as worthless as apple products, bitcoin is where it is at.

[matchi2011]

Now the worth of every currency is far lower So how can people protect the economy by trading The Coronavirus has impacted everything within the world even within the crypto market Now nobody is making extra money by trading. the quantity of investment is just too low and lots of have left the market therein case it's an enormous loss for the business.

There are still people who manage to earn money inside this market those who knows the deeper rules around can turned bad situation into good ones, they just assess and adjust whenever there's open opportunities they will grab and play well.
Wise and experienced traders are up into challenge finding chances of keep on doing what they've known better.

[GreatArkansas]

I think that the Corona virus will definitely affect trading because people who have lost their jobs or are running low on cash will most likely need to withdraw their crypto to pay bills, which will naturally result in less crypto being traded.

But on the other side also, some people who also lost their jobs and have some savings, they can start to trade while they are staying in their homes. But still, for me, it's not advisable, putting your savings on risk, since we all know trading is risky.
But totally, coronavirus(Covid19) is really affected the trading, positive or negative. Like what we saw on recent dump from around $7,500 to around $3800, a lot of people got liquidated.

[KariukiKK]

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.

No but its affecting our daily day to day activities that is also making it difficult to get the finances to the the crypto currency world, the world inthe stock market and in every other has lost about 4 trillion and thats a siginificant amount to even affect us so I believe yes and no, it depends on the perspective to which we are doing this

[Question123]

Many people wants they have problems like this they are always connect to the crypto butt maybe yes it will affect the trading too but also possible it not affecting.

But maybe because of the crypto is dumping so the peiple create an idea that coronavirus harm crypto but maybe it is only coinsidence .

I really hoping that dumping of crypto and coronavirus will end soon because this is all we want to happen because we are affected of this two problems.

[ryzaadit]

With the current condition, and some policy/direction from the government telling everyone to stay home and doing a lockdown. Here a few reasons why this virus getting the impact into investment purpose, since bitcoin/crypto one of the instrument assets:

• Export & Import has been stopped at the moment, because of that there is no income from the country and make economy crisis for a lot country
• Doing a lockdown, everyone cant does anything.
• All activity companies, businesses, jobs, and other activities were distributed.
• Everyone not doing a productive activity like going to works.

Because of that, they cashout the money from an investment like stock, crypto and other assets into fiat for supporting their economy financially. I think is not a good option, for everyone who always thinking about investment during these pandemics.

Except for health stock like a mask, hand sanitizer, toilet paper, and other things health industry. Since request the product increased during the crisis, makes their stock rising quickly.

[okala]

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.

Corona has already affected the cryptocurrencies market and as it has affected other assets we should not expect any different. Bitcoin deep from near $10500 to $3888 is not a small thing and the fear and uncertainty in the market right now is still very high. We should not think that now still remains best time for cryptocurrencies because human beings is still the one trading it and emotions, greed and fear must play their part.

[TheGreatPython]

We will be back on a good prices after these challenges and maybe people are cashing out to protect their needs and health. The virus affects trading simply because it affects the traders and some trader just want to stay safe and focus on their needs than to the market condition.

Yeah I was learning some facts from a few articles and I found that there is an acute shortage of funds too in corona-virus affected places and people are just selling almost every savings they had and I also think that various big miners in these areas are also affected as they might be stopping it and cashing their hardware and even their savings.

It continues to increase, but I hope that our medical team are doing their best protect our world, I salute China for helping Italy and I hope also that we will face the virus as one nation.

I am not sure but I believe some researches have claimed that as the temperature rises this virus tends to slow down and it is mostly dangerous when the temperature is down. But that said, if it was that simple to kill the virus then there would have been a vaccine by for now so fingers crossed but this is really tough times for all of us.

[mdzahed134]

I think the market crushing hard because of panic. And Yes maybe corona virus effecting on crypto trading little bit. But not so hard like what we see in the markets.
The first reason of crushing markets is "I heard about a project which exited scam" Secondly the corona virus death news in deferent countries.  But it will go back soon IMO too.

We are seeing most of the market is affected by the Corona Virus, worldwide market losing its value which makes most of the share market and cryptocurrency market losing value. Corona Virus is really affecting the market because the effected rate is kept increasing.

Crypto currency are not affected for pandemic corona virus. Stock market and crypto market is different things. But if spreading panic and majority of the people’s are lock down situation, so crypto is something affected in that case. Still we are not see any massive drop. Holders are losing money from their portfolio but i don’t think traders are big affected.                

[Sternbinder]

It's a really golden time for every trader, of course a lot depends on how well you understand the market and whether you can benefit from what's happening, I wouldn't raise a panic, LOL... Because this is not the first time when the world is a little cowardly because something went wrong, I do not think that this is some kind of conspiracy or pre-planned action, because in fact on the economic level it is not profitable for the states. But it's definitely of great importance for private companies, both small and large, when it's obvious that some of them are now getting super profits, while others are suffering colossal losses and it's not clear when this situation will stabilize. Which means this is our chance to make money, and it's very decent, so let's not waste time...

[old fart]

I think corona will have effect on everything, everything including trading, prices of coins will be very volatile this period, emotions will be high, and there will be fear among traders

[shushu9977]

I think that there is no connection with corona virus about the trading. We know about covid- 19, it is included or affected by man to man with his touch or other few ways. Therefore,  we know that without going anywhere we can trade our cryptocurrency without any fear. I also trade easily and there is no affect with my trading.