Harlot
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March 14, 2020, 06:05:15 PM |
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When we have issues like the current corona virus epidemic, it always brings disaster to the stock markets. The cryptocurrency industry wasn't left out in this disaster because the coin market cap experienced a massive reduction. We are not certain when this issue would be resolved, but I believe that before long, it would be checkmated and sanity would be restored to our societies.
We won't exactly have a time and date for that because as of right now everybody is in a state of panic and at this rate where the virus is still rising the panic might still grow and might still affect the market inevitably. Although this might look bad for an investor this is actually a good time to hunt some bargains even outside of the crypto industry. Stocks from bluechip companies and also real estate are getting cheap as their owners are joining the massive sell-offs happening in the markets so really it is the best time for investors to take advantage of the fear and uncertainty of everyone in the market and for an investor you should know that being part of them is really a bad idea.
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Nadziratel
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March 14, 2020, 06:07:38 PM |
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As a result of the current world crisis regarding the pandemic virus spread that have ravaged the world and still not stopping. this has affected global markets including stocks, fortunes, commodities, oil prices. everything is crashing. a lot of accounts has been liquidated on trading platform. within two weeks. billions has dissappeared due to current virus crisis.
As long as this persist, we are not sure how long the market will survive. there is little hope. everyone needs to be careful. when to move funds. Most countries are already in deflection. the situation is making matters worst. it looks like the end of the world. Honestly, 2020 was not what we all expected.
I hope it won't. We have already suffered greatly from what happened in the past week. However, yes, many negative developments such as quarantines and foreign trade pauses continue to increase. I think it might be reasonable to expect the decline in real sector markets to continue. However, it is difficult to make a prediction for cryptocurrencies.
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Denreal
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March 14, 2020, 07:21:38 PM |
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I so much had lots of believe in this year 2020, that if someone tells me with will result in what is presently happening, I would argue it. Well, the reason I will not lose hope, I that, it had happened before, people said a lot of things, We thought the worst had come to crypto, but at the end, we saw recovery coming. I just feel we should not make conclusions on whether the market will not survive or that it will die. I believe some opportunities are coming to present themselves. Only those who are at alert and can see it will benefit from it. In every bad, worse or worst situation, there is always a blessing.
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akram143
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March 14, 2020, 07:55:12 PM |
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As a result of the current world crisis regarding the pandemic virus spread that have ravaged the world and still not stopping. this has affected global markets including stocks, fortunes, commodities, oil prices. everything is crashing. a lot of accounts has been liquidated on trading platform. within two weeks. billions has dissappeared due to current virus crisis.
As long as this persist, we are not sure how long the market will survive. there is little hope. everyone needs to be careful. when to move funds. Most countries are already in deflection. the situation is making matters worst. it looks like the end of the world. Honestly, 2020 was not what we all expected.
This is an uncertain situation everywhere but most countries taking the issue serious and taking their best effort to control the spread which is the best and first thing we needed to decrease the effect of this pandemic because mortality rate is really low but the spreading rate is only making people to get panic so once it get stopped or controlled there will be come recovery so be ready to buy when you see the bump.
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trauchot
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March 14, 2020, 08:19:05 PM |
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I completely agree with you, now it’s better not to risk and generally wait out all these falls because at any moment the cryptocurrency market may fall again, so I just decided that I will wait, since my portfolio has been completely full for a long time and I'm waiting for growth.
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cytpoway121
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March 14, 2020, 09:17:10 PM |
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This is one reason why as an investor or a trader, we must always follow the news. The whole economy worldwide is on the decline after several shutdowns and imposed work from home policies and also paid leave.
Which led to the panics that downtrended bitcoin and other crypto currencies, so definitely we are in an extra volatile period and this is a time for short term target trades. If you skilled enough, then dyor and go for it.
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kindbtc
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March 14, 2020, 09:54:05 PM |
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Do not loose hope my friend and there is nothing much to worry about as all the countries around the world are taking good measures to stop this pandemic and it will be controlled soon. Regarding the market situation i know it feels bad to see such dumps but stay positive and market will take reversal in coming weeks for sure.
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Bonwin
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March 14, 2020, 10:04:52 PM |
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Do not loose hope my friend and there is nothing much to worry about as all the countries around the world are taking good measures to stop this pandemic and it will be controlled soon. Regarding the market situation i know it feels bad to see such dumps but stay positive and market will take reversal in coming weeks for sure.
Staying at a point alone and being positive alone will not solve it, rather, I would add that you take cover too. How do you do that? Some are good traders, while some are good at just investing. There are those who neither know how to grade nor do they know the right investment to go for. At this, they can just selll into more stable coins and wait for the market to recover.
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swivel1983@gmail.com
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March 14, 2020, 10:31:03 PM |
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Whatever you do, the crypto market will still not be stable for a long time. Therefore, you should not expect stability from it. We can fall at any moment, but there is nothing wrong with that. Then the price will still go up again.
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Youghoor
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March 14, 2020, 11:19:58 PM |
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That's right, we are likely going to fall further if the spread of this deadly virus is not curtailed sooner or later. Most people are claming that the spread of the virus has no influence on the crash of the crypto market but i doubt this strongly because this has resulted into a huge unrest in this industry causing people to fear and panic sell hence dumping the entire market.
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SaidNurs
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March 14, 2020, 11:52:26 PM |
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Years that have been staying digadang become years for the new face of the crypto world immediately turned into a question mark and alert because of an unstable market situation due to the emergence of a new world problem in the form of a virus outbreak. The world became focused on the plague, thus affecting the world market economy. Always pray and think positive
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Stanlo
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March 15, 2020, 07:20:57 AM |
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I never think that the market will ever be stable, look at how the crypto market react in the past years, its been very volatile so we can't expect it to be stable. The whales are still here, they are the reason why this market dump and pump and sure they are enjoy the current global crisis now which they are riding by manipulating the market for their favor.
And I never thought we will witness an early bear market today, this year should be bullish through out but unfortunately Coronavirus is wrecking everything, not just crypto but stock market too, fear and panic needs to stop first before anything else, it's not helping at all
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antsam
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March 15, 2020, 07:25:20 AM |
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I think the good news is that this virus has begun to be controlled in China, they will soon tighten their economic engines. So if this virus can be controlled, the panic will soon subside and the market will stabilize. What is happening right now is just panic and the right time for large fund owners to buy and hoard bitcoin and other coins
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Russlenat
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March 15, 2020, 07:31:40 AM |
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I never think that the market will ever be stable, look at how the crypto market react in the past years, its been very volatile so we can't expect it to be stable. The whales are still here, they are the reason why this market dump and pump and sure they are enjoy the current global crisis now which they are riding by manipulating the market for their favor.
And I never thought we will witness an early bear market today, this year should be bullish through out but unfortunately Coronavirus is wrecking everything, not just crypto but stock market too, fear and panic needs to stop first before anything else, it's not helping at all If we think of the upcoming halving, yes, price should be bullish, in fact the start this year is quite good but corona virus comes into the picture that affected the business operations of the many, countries being lock down, people got panic, and resulted this heavy dump of the market.
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Chuky92
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March 15, 2020, 08:25:46 PM |
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As a result of the current world crisis regarding the pandemic virus spread that have ravaged the world and still not stopping. this has affected global markets including stocks, fortunes, commodities, oil prices. everything is crashing. a lot of accounts has been liquidated on trading platform. within two weeks. billions has dissappeared due to current virus crisis.
As long as this persist, we are not sure how long the market will survive. there is little hope. everyone needs to be careful. when to move funds. Most countries are already in deflection. the situation is making matters worst. it looks like the end of the world. Honestly, 2020 was not what we all expected.
Actually that's true, 2020 is not what anyone expects starting from this virus of a thing which is bringing most activities in many countries to a standstill, borders are being closed, flight are being cancelled and many more. But however I believe this unfortunate events will soon pass most especially now every government has gone deep into research of a cure with some giving a timeline on when a cure will be found. Also there are cases of recovery too which is a good sign. Therefore, I would say despite the fact the market isn't favourable as a result of this issue but yet it has come to stay, the issues will only linger for a while and once everything starts returning to normalcy the market will adjust. Lastly, it is in the nature of the crypto space to be unpredictable which leads to volatility therefore in all dealings one needs to be careful.
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ampere
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March 15, 2020, 08:31:56 PM |
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The market was never for once certain, and there has always been instability, we can only say that we witness a massive dump in a long time which is right. Coupled with the pandemic and the few bitcoins dumped from exchange platform, it was an expected dump.
The market will definitely be stable in just a matter of time, and the question is, did you take advantage and bought the dump ? Did you ? Always do your research before making investment optiions
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bttmember
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March 15, 2020, 09:36:58 PM |
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Yeah there is an absolute chance of getting rekt again due to global panic situation and uncertainty in the market but i am hopeful markets will bounce back especially crypto market will come back stronger than ever it is just a matter of time so keep hodling like me.
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Utoy101
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March 15, 2020, 09:54:14 PM |
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As a result of the current world crisis regarding the pandemic virus spread that have ravaged the world and still not stopping. this has affected global markets including stocks, fortunes, commodities, oil prices. everything is crashing. a lot of accounts has been liquidated on trading platform. within two weeks. billions has dissappeared due to current virus crisis.
As long as this persist, we are not sure how long the market will survive. there is little hope. everyone needs to be careful. when to move funds. Most countries are already in deflection. the situation is making matters worst. it looks like the end of the world. Honestly, 2020 was not what we all expected.
I'm quite impressed with the way the market is bouncing back little by little, few day ago bitcoin went as low as $3000+ but now, it's around $5000+. Although we shouldn't expect much of a price surge anytime soon for as long as the coronavirus threat to the entire world still remains. Year 2020 shows quite some prospect in the early months, I'm very optimistic the year will favour cryptocurrency market. The question of when and how favorable will it be still remains though
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hirngespenst
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March 15, 2020, 10:04:16 PM |
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Yes, if Bitcoin doesn't hit 6200 USD in this week, then we can see another massive dump in every coin! Actually, I am not feeling good until I see Bitcoin at 3200$! Because if it goes down at that low, then we can be ensured about the bullish market! However, it is my personal opinion and I think if Bitcoin really goes for 6200$ then we will see 9K soon, otherwise be alert for another dump!
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TopT3ns
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March 15, 2020, 10:34:44 PM |
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Yes, if Bitcoin doesn't hit 6200 USD in this week, then we can see another massive dump in every coin! Actually, I am not feeling good until I see Bitcoin at 3200$! Because if it goes down at that low, then we can be ensured about the bullish market! However, it is my personal opinion and I think if Bitcoin really goes for 6200$ then we will see 9K soon, otherwise be alert for another dump!
bitcoin prices could collapse to such low prices because in my opinion the influence of the corona outbreak began to spread and made many people panic so that many traders and investors make withdrawals and exchange their assets for fiat money because of fear.
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