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Author Topic: Coronavirus is ravaging a large portion of cryptocurrencies. Is this permanent?  (Read 612 times)
xiboothrezi
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March 14, 2020, 07:25:21 PM
 #41

It has been assumed that this corona virus has caused a huge impact not only on bitcoin but also on the prices of the stock market, raw goods, oil and each and every financial sectors.
Why would you think this is going to be permanent? Nothing is permanent. This situation is totally normal. As things starts to stabilize, the price will also start to rise. Better use this opportunity and invest as much as you can to maximize your profit in the future.
Nobody expected this to happen and no one wanted it to be permanent, no. Just like a storm, the COVID-19 pandemic is sure to end. In my opinion, the decline in most stock markets and other economic centres is actually influenced by many factors and is exacerbated by the Corona case which is increasingly widespread throughout the world. This can be a good opportunity to gather more assets, but remember, current market changes are extreme, so consider the effects and do a maximum analysis.

Not only economic activities, school activities, until the world soccer league was suspended as an effort to deal with this. The world is trying to overcome this, let's spread the goodness, don't panic, and maintain health and cleanliness.

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March 14, 2020, 09:56:39 PM
 #42

I think we are living in a very interesting time period when huge changes are coming and something extraordinary events are happening more often with every next year. And every such crisis is an opportunity Smiley

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swivel1983@gmail.com
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March 14, 2020, 10:21:50 PM
 #43

Of course, this will not continue permanently. The bear market may drag on longer, but sooner or later the bulls will come back again.
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March 14, 2020, 10:39:14 PM
 #44

Of course, this will not continue permanently. The bear market may drag on longer, but sooner or later the bulls will come back again.
well, I really like your optimistic nature because cryptocurrency price movements will not experience price drops like this, the ups and downs of cryptocurrency prices should be utilized to be able to get a lot of profit.

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March 14, 2020, 11:11:56 PM
 #45

Do you really think it's permanent? Of course not. There is no cause for concern. Soon the situation with the coronavirus will subside and everything will be fine. The market will recover and the economy will also return to normal as much as possible.
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March 14, 2020, 11:22:57 PM
 #46

When can't tell when this panic will be over, as long as the virus is spreading in a faster rate, the panic will continue.
However, I don't think it's gonna be permanent, it would the global economy and many people will suffer not only because of corona directly, but because they are losing jobs, this time around comes the government's support but we know they will also face some problem if they can't collect taxes from businesses.

The main problem is corona virus, we have to kill this and everything will be back to normal.
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March 15, 2020, 12:45:57 AM
 #47

As you all may know, Corona is heavily affecting the crypto market, however, do you believe that this is permanent, or will the effects be seen for the next 3, 6, 12 or 18 months?

It can be a permanent part of our lives or it will be vanish just like what happen to other Corona virus but this version of Corona virus is very much different because it can affect people at a very fast pace compare to the other virus, unless we have a vaccine for this we will have to deal this for several months and the growing number of infected growing.
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March 15, 2020, 01:17:31 AM
 #48

When can't tell when this panic will be over, as long as the virus is spreading in a faster rate, the panic will continue.
However, I don't think it's gonna be permanent, it would the global economy and many people will suffer not only because of corona directly, but because they are losing jobs, this time around comes the government's support but we know they will also face some problem if they can't collect taxes from businesses.

The main problem is corona virus, we have to kill this and everything will be back to normal.
I think this epidemic will last for another year and we really don't have much hope for this period of time. In fact, the whole economy is in a huge collapse and this year will be unable to do anything but wait. I also wish the epidemic could end to return to normal life but perhaps we will need to wait for news about the vaccine.

Of course, crypto market will suffer greatly from disease outbreaks and be careful when choosing to invest.
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March 15, 2020, 01:40:42 AM
 #49

I think we are living in a very interesting time period when huge changes are coming and something extraordinary events are happening more often with every next year. And every such crisis is an opportunity Smiley

That's true other see this as a calamity that will take longer for us to recover, others will see this as an opportunity for future profit, it all goes down to individual's motivation and mindset on what he thinks of the situation I am part of the latter I continue to support the industry and will try to buy as many as I can now that the market needs new investors coming in.

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March 15, 2020, 01:54:02 AM
 #50

Many countries still not get solution with corona virus and just keep way by lock down their country to make corona virus stay away, but they have what medicine to make their people could be far from corona virus and give more stronger activities from their people.
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March 15, 2020, 09:38:27 AM
 #51

Though early stage when corona virus affected in china. When altcoins market movement was too visible. Mostly say that it’s a impacts of corona virus. But last few days market is heavily down -30% to -60%. Never, why it will permanent no reason. Market will recover after these bad situation. Many countries going already lockdown for this horrible virus corona.                

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March 15, 2020, 10:02:08 AM
 #52

As you all may know, Corona is heavily affecting the crypto market, however, do you believe that this is permanent, or will the effects be seen for the next 3, 6, 12 or 18 months?
Of course, over time, the cryptocurrency market will recover and will continue to grow in the second half of this year. Coronavirus itself does not affect the price of cryptocurrency. People react to its distribution by starting to spend money on the purchase of essential goods and be able to remain isolated for some time. To do this, they exchange cryptocurrency for cash and the price of the cryptocurrency drops. As soon as cryptocurrency is no longer sold, the market will begin to recover.
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March 15, 2020, 10:06:09 AM
 #53

As you all may know, Corona is heavily affecting the crypto market, however, do you believe that this is permanent, or will the effects be seen for the next 3, 6, 12 or 18 months?

Everything depends on the every day situation if those affected are recovering and there is a new vaccine, then the market will likely recover, but this new virus will now become a part of our every day living watched a lot of documentaries about it and it will not likely go away forever like all the other virus it will become  seasonal, our main goal in life is to keep our immune system healthy.

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March 15, 2020, 10:12:10 AM
 #54

Many countries still not get solution with corona virus and just keep way by lock down their country to make corona virus stay away, but they have what medicine to make their people could be far from corona virus and give more stronger activities from their people.
You are mistaken about this corona virus, because until now all countries have prevented the corona virus from everyone, from quarantining the residents to spraying public places in their respective countries, and I have also seen very few Muslims contracted corona, meaning that we can prevent corona by purifying ourselves and cleaning up our environment, because the corona virus will not move away if we don't take care of it from the start.
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March 15, 2020, 10:16:26 AM
 #55

As you all may know, Corona is heavily affecting the crypto market, however, do you believe that this is permanent, or will the effects be seen for the next 3, 6, 12 or 18 months?
It could be more than a year but who knows what could be the effect of it later on. Some inevstors are likely will be investing on crypto on the long run since the prices of bitcoin and more altcoin are now on bargain.

I think we are living in a very interesting time period when huge changes are coming and something extraordinary events are happening more often with every next year. And every such crisis is an opportunity Smiley
Im not being optimistic here but I cant see a crisis as an opportunity. Yes for some capitalist and investors it is since the stocks and crypto are down but look on the big picture how this affect the whole society. I cant say its lucky.

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March 15, 2020, 10:47:43 AM
 #56


I think we are living in a very interesting time period when huge changes are coming and something extraordinary events are happening more often with every next year. And every such crisis is an opportunity Smiley
Im not being optimistic here but I cant see a crisis as an opportunity. Yes for some capitalist and investors it is since the stocks and crypto are down but look on the big picture how this affect the whole society. I cant say its lucky.
Investors who have a lot of capitals and dare to take risks will make this moment an opportunity. Especially since the coronavirus is widespread, the crypto market has begun to see the impact of the coronavirus. Opportunities can only be seen by investors who have a lot of capital, and able to hold their assets for a long time. They strongly believe, the corona outbreak is only temporary and not permanent.

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March 15, 2020, 11:04:20 AM
 #57

We expect this problem to quickly finish so that all will return to normal and I believe this problem will not be long and not permanent, and we can see at the moment all countries are looking for a solution to overcome Corona virus because many activities are Should be delayed with the presence of this virus then the problem is very not we want and we expect to be resolved quickly.

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Yaunfitda
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March 15, 2020, 11:15:07 AM
 #58

As you all may know, Corona is heavily affecting the crypto market, however, do you believe that this is permanent, or will the effects be seen for the next 3, 6, 12 or 18 months?
Nothing is permanent in crypto sphere, obviously, we have seen the very bad effects on the market itself, but it doesn't mean that it is doomed, no worries, we will recover just like in the last ten years.

It could take more months or even years to really get away from the covid-19 scare, but remember, bitcoin halving is coming next month, so regardless, we still have one good news that can totally turn everything around and see some bullish trend.

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March 15, 2020, 11:34:48 AM
 #59

As you all may know, Corona is heavily affecting the crypto market, however, do you believe that this is permanent, or will the effects be seen for the next 3, 6, 12 or 18 months?

It depends on the situation, now more than ever. investors and the community must watch out what is going to happen to the market and to this Pandemic, because people are attaching and their action in the market is due to Corona Virus, if it improve the market will also improve, it seems the world has a dooms day scenario, so they are hoarding a lot of their basic needs.

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March 15, 2020, 03:19:30 PM
 #60

As you all may know, Corona is heavily affecting the crypto market, however, do you believe that this is permanent, or will the effects be seen for the next 3, 6, 12 or 18 months?

It depends on the situation, now more than ever. investors and the community must watch out what is going to happen to the market and to this Pandemic, because people are attaching and their action in the market is due to Corona Virus, if it improve the market will also improve, it seems the world has a dooms day scenario, so they are hoarding a lot of their basic needs.
It will take time before the WHO will be able to find good solution with this virus and while the market is continuously falling most of the traders and investors are trying to find their good place to take some advantages. People who are good in sorting things out are those who are capable to anticipate of how long they will take this bearish season.
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