Do you think this is the news we need for market to recover

[Google+]

I think all this is nonsense. ordinary people do not have so many assets to make such a drop in prices. so many assets have been sold in recent weeks that you can buy anything for that amount of money. I think coronavirus is just the reason at which countries want to shift responsibility

Corona viruses like that provide an opportunity for whales who can give effect to cryptocurrency price movements and make price reductions like this, at least you should be able to take advantage of this moment to be able to get a lot of profit when prices rise again.

[TopT3ns]

Many are associating the Corona Virus has something to do with the crash of the market, because they theorize that people are liquidating their shares or coins and converting it to fiat so they can buy basic necessities in case these pandemic, but what if our medicine experts finally find the cure, will the market recover  because of this news?

What's your take on this?

We are giving blame for coronavirus to market crash but coronavirus isn't deadly virus and only effects on old or kids. Cryptocurrency need another correction that's what is happening in the market. Some effect has on market but no effect of lifts banned order from cryptocurrency.

which makes the price collapse at the place of exchange is actually not from this virus but the cause is traders, investors and whales who panic because there is a virus that spreads quickly so that the conditions of the exchange place collapsed like this, if only they all did not panic then the price of coins would still be stay safe.

[fuer44]

if the medicine and the vaccine have been found, the market will definitely recover. starting from small to large economies, then the stock market rise again, and certainly it will also affect people's purchasing power for crypto and the crypto market will rise again.

[bgaf]

but what if our medicine experts finally find the cure, will the market recover  because of this news?

The funds have been liquidated already and even cure will arrive on its way, the damage has been done already and we must just wait again for another long time recovery. But thw real question is, is this pandemic the really reason for the downfall? Or its being used by some capitalist as an opportunity to use as an activity held responsible for this crash.

[Free1bitco.in]

Well, it becomes a solution so that people refocus on their respective businesses. there are many reasons that the coronavirus that exists today makes many people sell their assets to buy basic necessities to avoid this virus. however, I think when drugs or vaccines from this virus have been found, people can return to invest legally. Well, many people panic and buy excessively basic necessities right now because this virus does not yet have a cure.

[yazher]

If the reason behind the fall of the market was right to base on their theories about the Coronavirus, then after the cure will be discovered, the price will undoubtedly recover again for sure. If not, then, even though the virus is still there, the market will also recover from this sudden fall. that's why people should take this chance to buy some Altcoins and have some courage to hold them. because the assurance for their prices to recover is high. They need to think of these twice though, by not converting all their wealth to crypto cause they also need some quick money in case of some emergency.

[CryptopreneurBrainboss]

Many are associating the Corona Virus has something to do with the crash of the market, because they theorize that people are liquidating their shares or coins and converting it to fiat so they can buy basic necessities in case these pandemic, but what if our medicine experts finally find the cure, will the market recover  because of this news?

What's your take on this?

That's quite true, the crash all points towards a global panic as most nation has declared emergency lockdown and some country have restricted movement both in and out of the country while others have stopped every public gathering which has affected many businesses. Irrespective of all these, finding the cure doesn't guarantee the stop of the spread of the virus, the medicine might not even be easily accessible to most affected individual as it'll more costly and just used as a means of making profit just as other cures has been used.

The general public are misinformed that's just the reason behind the panic, the situation can only get better when they get inform on how speedy most cases are getting cured and the death rate isn't that deadly when compared to other viruses that have hit the human race in the past.

The media aren't doing their job right, they're mostly interested in views instead of giving their audience the right and correct information, Corona is deadly but it can be cured and it isn't that serious as the media make it to look like.

[Doranile432]

Market will surely recover once the anti virus is found, you'd explained perfectly what is going on, people are converting to Fiat to store foods and meds

[Finestream]

Also, you can add that there's a manipulation that is happening.

people are investing because they believe on the future of crypto and their purpose is to be profitable so they'll not cash out their investment if they don't see a profit on it, in addition, they'll not gonna risk their money that is intended for their daily living like their savings, so if even with this corona virus and the price did not dump, they'll not panic, the cause of this panic is the whales playing the weak hands, that's what I see.

This corona pandemic will be over soon, they'll invest soon of course but that's the time the whales will also enjoy.
It's a game, those who are not knowledgeable enough will easily panic, they are called the weak hands.

[aioc]

Also, you can add that there's a manipulation that is happening.

people are investing because they believe on the future of crypto and their purpose is to be profitable so they'll not cash out their investment if they don't see a profit on it, in addition, they'll not gonna risk their money that is intended for their daily living like their savings, so if even with this corona virus and the price did not dump, they'll not panic, the cause of this panic is the whales playing the weak hands, that's what I see.

This corona pandemic will be over soon, they'll invest soon of course but that's the time the whales will also enjoy.
It's a game, those who are not knowledgeable enough will easily panic, they are called the weak hands.

I hope you are right in your observation I prefer this scenario that whales are doing this because they can and will recover their dumps but it's different if people have lost their confidence and don't want to come back anymore and instead convert their coins to fiat so they can hoard in times of needs.

[Mighty_crypt]

I think many years back this kinda market crashing did happened, to my own point of view some organization is behind this virus outbreak, the purposely unleashed it to crash the market for their own gains, few countries have already beat this virus, it won't last for long

[kisfoxs]

Many are associating the Corona Virus has something to do with the crash of the market, because they theorize that people are liquidating their shares or coins and converting it to fiat so they can buy basic necessities in case these pandemic, but what if our medicine experts finally find the cure, will the market recover  because of this news?

What's your take on this?

It is not undeniable that prices reduce crypto assets due to the impact of Corona. It seems to be the worst day for Crypto-asset traders. Price reductions occur within one day and make all crypto traders frantically sell Crypto assets. The concern I inflicted on the impact of the virus. Corona impacts will still continue to happen because now my own victims of the virus infection continue to grow.

Many Crypto asset traders convert crypto assets into real money and are used to buy basic necessities. We can see that many stores and markets have increased sales for specific items.

But we also have to remain confident that the crypto market can go back to the top. And if the Corona virus can be discontinued of course this will give a good effect on the crypto assets.

[trauchot]

I am sure that this will happen when the corona virus completely recedes, then the cryptocurrency market will again begin to grow and we will be able to see new pumps, but for now, we need to wait out all these drops and keep our investments in stable coins so as not to lose our funds.

[Mianae]

If the vaccine is found the world economy will improve to a large extent. The issue with cryptocurrency market is beyond coronavirus its about whales manipulating the market to buy cheap from panic sellers. When vaccine is found, the market may or may never recover.

[zero714309]

The crypto market is very difficult to know the direction for now. I think it needs just a little sweetener news that crypto can make us safe to transaction without having interact each other like fiat. Now it is not only find Covid19's solution but also make change a stigma to the public that digital money can be a problem solver when the government begins to restrict us from being outside the home.

[Little Mouse]

May be yes, it will recover but the crash was not only related to the corona virus. Couple of things together has crashed the market. Bitmex issue, plustoken issue, corona virus together have associated market to be crashed. However, I think it will take some time to recover the market.

[tiang_tower]

Market will surely recover once the anti virus is found, you'd explained perfectly what is going on, people are converting to Fiat to store foods and meds

The corona virus that is being rife is being discovered at this time by a doctor, but the doctor has yet to find a specific anti-virus, and they only recommend environmental cleanliness and food as an anti-virus at this time, so if we wait for an anti virus, then the market recovery will last long.

[gaston castano]

Wasn't it announced that the cure had been found and that China had stated that more than 40,000 citizens affected by the virus had recovered.
so now is the recovery time, but it will take time to make the market recover, just as when the virus attacks at the beginning there is no specific impact, when entering the final phase then it causes economic and industrial decline.

[TravelMug]

Of course, if the medical community or our scientist discovered a vaccine, then obviously the panic will stop, thus crypto will be on the road to recovery. I'm sure the experts are really working very hard at every lab around the world to find the cure to really stop this pandemic so it's just a matter of time.

Meanwhile, the best thing to do is to really buy at every dip, (just like now, the price is just hovering $5k), because once the market recovers, chances are we might see a good profit, it's a tough decision because we really don't know the future, but for me this is a perfect opportunity to be a bagholder.

[Lexurdania]

Many are associating the Corona Virus has something to do with the crash of the market, because they theorize that people are liquidating their shares or coins and converting it to fiat so they can buy basic necessities in case these pandemic, but what if our medicine experts finally find the cure, will the market recover  because of this news?

What's your take on this?

I think it's true that the corona virus is making the market move negatively now. Almost all countries have been infected and this can make the economy slow down. But things like me are temporary and the market will recover and cryptocurrency will be a good investment alternative