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Author Topic: Is it true that Corona Virus may effect trading?  (Read 1694 times)
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March 13, 2020, 09:24:21 PM
 #21

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.

Undeniably,  the epidemic coronavirus has causes downtrend to not just cryptocurrency market but even world's economy as well as other investment industries.  The stock and other related markets are experiencing a massive turn down at a rate higher than that of the cryptocurrency market. The activities of commerce across many nations have been limited leading to economy crisis. Cryptocurrency is not an exception as it is being traded by humans and not aliens.

However, I'm curious about the so called cure recipe you claimed to have that can cure the mighty coronavirus, like where have you been all these while when people are suffering from the disease. I'll be glad to know about this your cure
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March 13, 2020, 09:51:36 PM
 #22

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.
You'll find in through since not only Bitcoin and the crypto market had suffered such huge declines but the global economic system. The main concern of the people by now is their health that makes them not work with the trade or they will withdraw some of their capital for them to buy outside. This will trigger for more dumping scenario that we will experience in the incoming if this crisis will not stop. But it was good to know that this is lowering case confirmation which helps to bring back the price to high.

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March 13, 2020, 10:31:18 PM
 #23

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.
You'll find in through since not only Bitcoin and the crypto market had suffered such huge declines but the global economic system. The main concern of the people by now is their health that makes them not work with the trade or they will withdraw some of their capital for them to buy outside. This will trigger for more dumping scenario that we will experience in the incoming if this crisis will not stop. But it was good to know that this is lowering case confirmation which helps to bring back the price to high.

you said people dont foccus much on thier crypto business  ? fall of the price is useless then  . all we can hope for now is that the covid issue will be fixed or  cured so that all people can go back on thier normal lives or can bring back on thier crypto business again   .

no problems is impossible to fix as long as people will unite but unity could also not be possible if ever there are greedy people or selfish people that dont want to cooperate . well lets just hope that karma will come on thier way  .
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March 14, 2020, 02:38:42 AM
 #24

Undeniably,  the epidemic coronavirus has causes downtrend to not just cryptocurrency market but even world's economy as well as other investment industries.  The stock and other related markets are experiencing a massive turn down at a rate higher than that of the cryptocurrency market. The activities of commerce across many nations have been limited leading to economy crisis.
 I have witnessed a lot of panic sellers in the last few days and it has made the situation worse. Let's hope for the best that this not happens but on the other side we need to be prepared on every scenario.
I'm not sure when this epidemic will end but overall you won't be able to make a good profit during this time.
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March 14, 2020, 03:34:19 AM
 #25

Undeniably,  the epidemic coronavirus has causes downtrend to not just cryptocurrency market but even world's economy as well as other investment industries.  The stock and other related markets are experiencing a massive turn down at a rate higher than that of the cryptocurrency market. The activities of commerce across many nations have been limited leading to economy crisis.
 I have witnessed a lot of panic sellers in the last few days and it has made the situation worse. Let's hope for the best that this not happens but on the other side we need to be prepared on every scenario.
I'm not sure when this epidemic will end but overall you won't be able to make a good profit during this time.
In my experience yes, Corona Virus affect in my trading because that's why I stop it for a while and waiting for the right time to trade. I think we must check the market first because it can also affect to trading once we do mistake from it. And even we are now experiencing dumping we should have a lot patience because I think it take time before it pump again.

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March 14, 2020, 03:55:55 AM
 #26

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 it is not affecting crypto trading directly, but we cannot deny that the crypto market now is following to go down, and we don't know if Corona Virus affects crypto trading or not. But I think that if someone is not affected by the virus, he can still trade, he can still analyze the market, and he can try to make a profit.

But globally, I think now people want to save their lives first than to do anything else, especially for people who lived in the country which suspected getting effect by the virus, so perhaps, they stop their daily activity. They are trying to search more about the virus and take care of their health. But the global economy is getting effect because of the virus. Many countries have prohibited people who want to get in or out of the country.
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March 14, 2020, 01:45:47 PM
 #27

Is it true that Corona Virus may effect trading?
It could have happened in the crypto trade, which all people know crypto is traded by humans, logic, if humans in the world again experience calamities, disasters, epidemics, a virus that automatically kills people not many people think about money / crypto, busy thinking about their own destiny.

In my opinion crypto will return to normal as before, where people are safe from activities in their own lives (free from deadly diseases).
I hope everything that has happened so far can be recovered and the c virus will soon disappear, hopefully humans in this world are safe and free from disease.

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March 14, 2020, 02:06:23 PM
 #28

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.

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March 14, 2020, 02:55:41 PM
 #29

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 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. 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.

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March 14, 2020, 05:55:49 PM
 #30

Affect trading or cryptocurrency? If you mean trading, nah that’s not going to happen, people will keep on trading cryptocurrency just like they are doing now. The only thing is that cryptocurrencies might be affected and their prices might fall to a low price.

Just like what’s happening, although I am not sure as to whether Coronavirus outbreak is why the price of most cryptocurrencies has been decreasing recently, but a lot of stock markets were affected. Bitcoin decreased in price to $7k and we weren’t sure as to what really caused the decrease, some said that Coronavirus outbreak is part of it. And the price has decreased further to $5.9k.
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March 14, 2020, 06:14:17 PM
Merited by The Sceptical Chymist (3)
 #31

Affect trading or cryptocurrency?

My comment isn’t related to any Corona Virus Infection, 
But I must profess my personal affection for your ‘affect v effect’ correction.
I’m usually not one to make such a confession but it nearly gave me an erection.


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Thank you kindly!

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March 15, 2020, 02:35:57 AM
Merited by The Sceptical Chymist (2)
 #32

Affect trading or cryptocurrency?

My comment isn’t related to any Corona Virus Infection, 
But I must profess my personal affection for your ‘affect v effect’ correction.
I’m usually not one to make such a confession but it nearly gave me an erection.
Lol I didn't noticed that small mistake to be honest. Well, I'm not an OCD that's why Grin. As long as I understand the thought then it's fine with me.

Anyway, going back to the topic, I already anticipated that the current spread of a new virus will affect the crypto market. But I'm shocked because I never thought it would be so negative. I thought the market will be so alive since most of people are in their houses and busy on day trading but what seems right now is the opposite Sad.
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March 15, 2020, 06:20:27 AM
 #33

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 you can share your ideas here so we can know if your idea can help people here, and we can also help to spread the idea among the other people in other places. We cannot say that Corona Virus might affect trading because we don't know how big the impact on the crypto market. But if many people in one country have traded in the crypto market, and many of them got infected by the virus, I think they need to recover their health first before they can start to trade again. So if you can help with the vaccine of the Corona Virus, then it will help many people out there who got infected so they can cure themselves.

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March 15, 2020, 07:18:40 AM
 #34

I do not see any reason for it to affect trading. The panic in the market was created by the whales and to a large extent small investors are also to be blamed for it. At the moment it has recovered quite a bit and hopefully it will recover more in the next 10 to 12 days.

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March 15, 2020, 10:31:48 AM
 #35

Corona virus have give bad effect for all people in the world with thousand people have pass away and many people get hurt, now many country try to lock down their self and never allowed any people come to their country.

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March 15, 2020, 02:43:38 PM
 #36

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 virus is almost affecting each and every financial monetary system present on the entire globe. It has already created a panic globally. I've made a deep research about the epidemic and also the cure to this. It would take more than a year to create a vaccine for preventing corona virus. The virus is recently been emerged having no actual cure.

If you have the idea of preparing the vaccine in short period of time than you should not waste even a single minute and get to the work as many lives are been lost because of this deadly virus. 4000+ people are already dead and the number of infected ones is really huge. Most of the cities are on lock down. Schools and colleges are shut down. This is really creating a huge mess.

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March 15, 2020, 03:12:14 PM
 #37

It was the stocks which was affected greatly by this messy virus.
It had gone viral and spread all over the world that people are beginning to panic.

Effects could be pulling out their investments and exchanging it to cash just so they could buy their necessities in case something worse would happen in the next few weeks.
People are starting to panic which is like a domino effect to others.
They are buying all the stuff to preserve their lives and stacking it all at wherever place they keep it.

It might have affected crypto currencies for I believe some of the traders also did sell for cash.
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March 16, 2020, 03:58:04 PM
 #38

I think you can share your ideas here so we can know if your idea can help people here, and we can also help to spread the idea among the other people in other places. We cannot say that Corona Virus might affect trading because we don't know how big the impact on the crypto market. But if many people in one country have traded in the crypto market, and many of them got infected by the virus, I think they need to recover their health first before they can start to trade again. So if you can help with the vaccine of the Corona Virus, then it will help many people out there who got infected so they can cure themselves.
Even the experts are not yet successful in creating a cure for this virus which is making a lot of people lose their lives. OP should never spread a fake awareness about creating a vaccine for this virus as it might even create a strong hope for the families of the infected ones.

This virus is been declared as a global cause and even the president of the US declared a national emergency for corona virus. Foreigners are been treated as a threat in each of the nation which is almost loosing humanity. Also corona virus has highly infected the stock markets as well as the crypto markets. People are moving their money out from such markets just to be prepared for what comes next.
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March 16, 2020, 04:10:48 PM
 #39

Are we going to connect the Coronavirus to pretty much anything now?
Five days after OP wrote his post here, I'd say it's a good bet that pretty much anything in the financial world is going to be linked to it--and I think for good reason, too.  The stock market is getting pounded, metals are getting pounded, everything is going down the tubes.

But hey, I think it's a great buying opportunity for those who have balls of steel and some cash.  I have the former but definitely not the latter, which is unfortunate.  In any case, bitcoin will survive this but yes, the coronavirus is certainly going to be affecting crypto trading.  That should be obvious at this point since bitcoin is teetering at the $5k level and all of the altcoins I follow are getting slammed.  Right now people shouldn't be selling; they should be buying, because that's how you make money.

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March 16, 2020, 04:30:43 PM
 #40

When this op was written, no one would have thought this would be the market situation. But the reality is that the Corona virus has made an affected in the crypto market As it has put it all in the economic market. Many, including myself, thought the crypto market would go up because of the Corona virus news. Because there was a lot of good news coming out for the crypto market. As a result, all the traders had the confidence that the market would pump huge. But the Corona virus panic has dumped the market.

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