Is it true that Corona Virus may effect trading?

[DashingAgent]

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.

[mk4]

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

[GreatArkansas]

I don't see it at all but still people do the trades and every traders have their emotions.
Even if we say that it's nothing to do with corona virus or NCOV19, people will still think about it and start to compare what happening in stock markets or even in the price of oil.

[ReiMomo]

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.

[mersal]

For sure it is going to be, because traders are humans,if they got affected by this virus then they will liquidate or stop trading which might creates less demand and results in price drop.But as far as now the condition is not too worse so hope there will be a cure for this covid 19 soon.

[BrewMaster]

not it is not true.
instead it affects people, then they panic and make stupid decisions and whales who are well aware of it are always ready to force these newbies into making those decisions in order to take their bitcoins out of their hands at a big discount and then sell it back to them later on to make a big profit.

[rexxarofmoknathal]

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.

I think by now I've come to terms with the fact that the COVID-19 indirectly affects trading simply by altering people's mood and, also given that some countries experience a large number of infected people which won't be in work means that country's GDP will go down.

In effect, this could lead to some people being more cautious when it comes to trading, either due to mood changes or else financial reasons.

[bitbunnny]

At the moment I don't think that corona virus has affect on trading. However, this might change in the future. We all see that world economy and market already suffer some consequences due to the virus spread so if this escalates and lasts for 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 on every scenario.

[leowonderful]

I don't think it'll have any direct consequences since trading cryptocurrencies does not directly involve any sort of physical interaction that may be affected by the coronavirus, but if I had to guess, we might see a decrease in prices from people selling their cryptocurrencies for a multitude of reasons that may affect the markets but not directly trading.

[pixie85]

Please stop with the coronavirus already. It was fun at first but now everybody wants to have their own thread about corona affecting the economy, trading, Bitcoin, altcoin, the Internet, gold and whatever you can think of.

A virus that kills 2% of the sick will not do anything. This is not black death or some other big epidemic where 30% of people were dying and they had to burn and bury them in mass graves.

2 months from now nobody will talk about this anymore.

[royalfestus]

Different news in the media of the effect on delay and postponement of crypto-related events in the world, most especially Asia and Europe. It also resulted in the restriction of movement of some infected cryptocurrency personnel both involved in trade and project developments but we expect adoption of the digital currency use with restriction in movement around the world. However, there are some explanation on price dump that is associated with the virus, which I refuse to understand.

[Krishantha545]

By the beginning of 2020, Bitcoin customers had hoped that prices would be higher compared to last year, but unexpectedly, the coronavirus effect was a blow to the world. The collapse of oil prices has also resulted in the collapse of the economy in all countries. Among all things, investors have been left stranded as bitcoin prices fall. Therefore, it appears that the viral effect is still quite strong.

[tippytoes]

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

Yes, I think when it comes to crypto trading, it is more on the exchanges itself, support or technical staff that can't attend to work. But most of these issues can be resolved online already. But maybe, if it is related to server or other equipment that needs physical attention, then that's a different story.

[Akiko]

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.

It may also affect if those trader's belong to the country which is affected.
Since its affected there is a chances the they need money That would make them sell crypto they hold and convert it to fiat . This is the only thing i see that may affect the price of crypto related to corona virus.

[royalfestus]

I might have to swallow my word after the dump today, the presumption of the price dump effect are possible with the pandemic disease that had affected a region where we have the active traders that need money to obtain necessities that become expensive and scarce suddenly. Am more afraid of more damage that could be cause if this persist and the government could not savage the situation early. 25% price dump in a day is huge for a bull season that had persist to surge.

[el kaka22]

It is really funny that a dude in bitcointalk forums and in the trading discussions part nevertheless wants to share with the world that he found the cure for corona virus. I mean don't get me wrong I am really happy for you that you managed to get this type of billions of dollars worth of vaccine all by yourself or whoever you are with, however that doesn't mean that you will be capable of getting money out of anyone.

Only because the simple fact that if you could get even ONE vaccine that cures ONE person, you will get billions of dollars from everywhere around the world, so you have to be lying to tell there is no way you can get your hands on a "forum" that you need to share your ideas with. If you were a scientist that can actually figure this out, you would have all world listening to what you want to say.

[Lecam]

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.

Yes Coronavirus have big affect in trading if you can see some sell their bitcoin because of panic buying of goods. That's why bitcoin fall down the price so it's really big affect in cryptocurrencies. So if corona virus continues in spreading maybe the bitcoin will be goes down.

[sheenshane]

There are always theoretical explanations about this pandemic decease if it is connected to the Bitcoin price movement as of now. As we saw that the price was sinking too much in the market. But for me, I saw there is a slight effect on traders when someone needs cash to spend on their families because of scare through this coronavirus. Traders have emotions that might panic and sell all their crypto assets and convert into cash.

Another reason might traders stop for a while on trading because of this virus now that continued spreading and make everyone's panic. Maybe that is the reason or maybe not but don't be panic because everything will back soon. There will be always a resistance always in the market even how the dipping price of Bitcoin.

[arwin100]

There are always theoretical explanations about this pandemic decease if it is connected to the Bitcoin price movement as of now. As we saw that the price was sinking too much in the market. But for me, I saw there is a slight effect on traders when someone needs cash to spend on their families because of scare through this coronavirus. Traders have emotions that might panic and sell all their crypto assets and convert into cash.

Another reason might traders stop for a while on trading because of this virus now that continued spreading and make everyone's panic. Maybe that is the reason or maybe not but don't be panic because everything will back soon. There will be always a resistance always in the market even how the dipping price of Bitcoin.

Yeah the people prefer to cash out for now to prepare things when situation got worse that's why we see a huge dump for now since for this case the demand became more lower and situation will became worse if these virus will not contained by global health worker and provably we will see all major financial institution will collapsed and it will effect us badly especially with the bitcoins.

[Ridwan Fauzi]

This time is not bitcoin price that has been decreasing but more than that another investment place has doing so, I just make a conclusion that indeed coronavirus was the affect bitcoin price and the major investment place instrument has been decreasing. Because I didn't see any another news/information instead coronavirus.

I have some of my friend who have investment in the stock, most of them just broken now. Even, there is my friend who tried to loan money to buy some stock because according him this is the best time to buy. That is the big risk ever that I saw but who know he may right to do his own prediction.

Even though before this crash came bitcoin and another cryptocurrencies price are in a good trend. Especially bitcoin who will meet its halving event, the price had increasing at the early of this year and hash rate for bitcoin was touch its all time high as well but we found this problem and made our dream destroyed.