Can the market stand this trial

[Jannyh]

The crypto market is one very volatility financial institution, I don't think there is any need to panic though this dip wasn't expected ,but bitcoin has fallen very down than it is before,yet it was able to recover, it's just a matter of time which we don't know, it can recover sooner than we expect it,so let's keep the hope alive.

[rahmatullah9305]

The crypto market is one very volatility financial institution, I don't think there is any need to panic though this dip wasn't expected ,but bitcoin has fallen very down than it is before,yet it was able to recover, it's just a matter of time which we don't know, it can recover sooner than we expect it,so let's keep the hope alive.

Yes, and everyone will certainly keep that hope alive, because no one expects the price of bitcoin to go down, even though it has already happened, but it is something that has happened before, then recover when there is news- positive news about cryptocurrency.

[Ashong Salonga]

The market have withstood a lot in the past but what is happening right now is something unexpected,because of this the market crashed by over 50% do you think the market can recover if this scenario worsen and last for several months, what could be the possible solution here in the market.

The market will surely recover after this because when you look upon the past history of cryptocurrency, I have started from the bottom before getting into the top. Let us just stop thinking that the current situation will get even worse and that it will last longer because the crypto community will not just be the one affected from this but as well as the different sectors in the world specially the economic and health care. Let us just all hope that things will be better in which cure will now be discovered for a long term effect of solution to stop this pandemic virus affect the whole wide world. After this happenings, surely the market will slowly to recover from its loss and all of us must keep the tight on holding our assets so that when the time comes that the market recovers, we will all be benefit from it.. As of the moment, let us just took advantage of the current situation by buying more cryptocurrencies that have the potential while they are still on their current cheap price that is affordable.

[reallester]

The market have withstood a lot in the past but what is happening right now is something unexpected,because of this the market crashed by over 50% do you think the market can recover if this scenario worsen and last for several months, what could be the possible solution here in the market.

The crypto space is going through a lot this period. Towards the beginning of the 2020, a lot of people have their hopes that the crypto space would recover from from its downtrends. However, the year 2020 seem to be another tough time for the crypto space as the world marke, crypto market inclusive is plaque by this Corona Virus effect. As if the whole dump is not enough, just few days ago, Russia's Central Bank seeks to ban crypto issuance and circulation. I really do hope crypto overcomes this trials.

[mersal]

In the past the price of bitcoin were fell from $20,000 to $3000 in the long bearish trend of 2017 to 2019 beginning its like 85% price fell from the all time high but crypto currencies able to manage and survive up to $10,000 in the recent days and possible it might reached next level if there is no corona outbreak but everything happened in no time so it take time even months or years to recover but it will,hopefully.

now it seems difficult to be able to recover prices to the highest price at $ 20k because there are few who support cryptocurrency and those who are interested in bitcoin have weakened, meaning that many have been disappointed with cryptocurrency because it cannot provide a guaranteed profit and there is no good news that can trigger the investor or whales to enter bitcoin again.

People who invested are weakened but not the people who interested.Check the bitcoin purchase orders still people are trying to buy more bitcoins but for cheaper prices so those orders are still in pending.In the near future things will get change so accumulate or hold your cryptos if you don' want to lose your profits.

[bitcoinst]

Just look at the Bitcoin chart for the last 2 years to understand that this is not a test at all.
This could be called a test if everything that happens now happens separately from the entire financial market, however, as we can see the whole world market is now in decline, and this is a definite correlation.

[ScamViruS]

The market have withstood a lot in the past but what is happening right now is something unexpected,because of this the market crashed by over 50% do you think the market can recover if this scenario worsen and last for several months, what could be the possible solution here in the market.

Yes. The market will recover in the coming months. If we think about 2018 then we can understand how long it takes to recover the market. The dump of 2018 was larger than the previous market dump. So no need to be too panic here. From now on, the preparations for the next market up.

[Chuky92]

The market have withstood a lot in the past but what is happening right now is something unexpected,because of this the market crashed by over 50% do you think the market can recover if this scenario worsen and last for several months, what could be the possible solution here in the market.

The crypto market is one which have great value and potential, so what it is facing now, I don't think it is enough to crash it totally. Yes the market is down but from time past, it has always withstand many bad case scenarios so I don't see this as any different. Just like you pointed out, yes this time it's different owing the virus spreading across the world but not only the crypto market is affected in this case, stock market isn't left out and we all know the stock market will bounce back as well once everything starts settling down. So in all essence, the crypto market will stand this trial or this trying times as it has come a long way and there is still more to be achieved in the future.

[dainoran]

for now the price of bitcoin is currently down 50%, but we have to look at the history of bitcoin when the price of bitcoin goes down there is a possibility that in a few months it will rise again and I hope for this year it will happen again.

[Tiennou74]

Nothing is permanent, Market must move up or down. Once things get better then BitcoinBTC should have to rise as before . CoronaVirus vaccine already in the field and Virus will be go away !

Thanks  & Blessing !
Regards

[cytpoway121]

The market have withstood a lot in the past but what is happening right now is something unexpected,because of this the market crashed by over 50% do you think the market can recover if this scenario worsen and last for several months, what could be the possible solution here in the market.

I do not think this is a crash we can worry about, its little compared to what we have faced in the crypto space.
And the market definitely will stand this trial and surpass it as well.

Bitcoin once went from 20000 to 3500, so 10,000 to 4800 is not a huge crash, i believe its a reset to give a chance to recoup if we want too.
Dyor and stay safe

[SaidNurs]

Hoping that the current market situation can be restored, think about what is happening in the world today, I think everything is still focused on the problem, so that the current progress is still not stable. The best solution at this time may be optimal for the future to be returned immediately.

[CHENIEN]

I think market would be stable in the near future. Now it's facing some crisis times with the presence of global economic problems. I think it would come back after the major market problem solved.

Yes, I agree, it easy to overcome because of people's power, at present we can call it a general economic disaster if we talk about the market I think it's uncomplicated to rebalance which is just a test of realities of digital marketing methods.

[Samayuki]

It's happening, market is now recovering I guess bitcoin got tired of Coronavirus panic already lol, it's time to say good bye to the panics I suspect there won't be any unnecessary dumps anymore and moreover Bitcoin halving hype is still out there

[Shallow]

The market have withstood a lot in the past but what is happening right now is something unexpected,because of this the market crashed by over 50% do you think the market can recover if this scenario worsen and last for several months, what could be the possible solution here in the market.

Sincerely speaking, it is an unexpected event all caused by the virus rampaging everywhere. But, if we can take a time to study the crypto space there are many things that can be learnt of which one is that the crypto space has come to be, that is, it has come to be with us. Decentralization, anonymity, privacy etc are some of the things found wanting in the world today and with the crypto space offering such means it is something which will stand the test of time. So back to the question, yes the market will recover from what's happening as it has been doing ever since it came into inception. The market will surely recover, all that it might take is time.

[skeleto88]

It's happening, market is now recovering I guess bitcoin got tired of Coronavirus panic already lol, it's time to say good bye to the panics I suspect there won't be any unnecessary dumps anymore and moreover Bitcoin halving hype is still out there

Yeah it has recovered a little but not stable, we will be seeing market from red to green and vice versa as we are still under this kind scenatro. Like what you said Bitcoin halving will come in few minths so hopefully once everything gets back normal we see a quick recovery from the market and all coins will be stable.

[safem]

It is very true that the market has gone through this extremely down trend before and it survived it.What is currently happening in the market will not be an exception as far as am concerned. We need to worry less as to how this will happen. All we need do is to keep our hope high and be more determined in the way we transact with crypto. Our strong determination and persistence to get the best out of crypto is very essential at this  moment of great challenge that the market is going through. We need to be rest assured that things will get back to normal in the crypto market no matter what is happening currently. We can also help the market recover fast by reducing the rate at which we dump coins.

[retnocintaku]

The price reduction of this crypto asset is because it sells by investors after months of surviving in the crypto market.
As such, it has a huge negative impact on crypto traders.
Try the crypto Flashback in 2018 the price of Crypto assets also experienced a very sharp decline.
However, the crypto market still remains and the price of Crypto assets can rise slowly (especially Bitcoin is gaining height).
Yes, the crypto market will need time to return stable because the situation is still worrying.
But, my suggestion is that the crypto price decreases, the better we get ready to re-buy the coin at a low price.

[Febo]

The market have withstood a lot in the past but what is happening right now is something unexpected,because of this the market crashed by over 50% do you think the market can recover if this scenario worsen and last for several months, what could be the possible solution here in the market.

That is what market does. It recovers and it corrects.  Market is very resilient over time. If something better then market would come by would replace market long time ago. But it did not in few 1000 years. And that tells us that supply and demand will met in the market even when covid-19 threat is gone.

[TheMystic]

This is not new to cryptocurrency, it has it's season of pump or dump. All that is needed in this space is patience, understanding and strategy to make profit. And yes, the market stands the trial and will definitely survive it as always. Coronavirus is just a pattern to draw the market back. And the season of coronavirus is slowly dying out, soon everything will normalize globally, which includes the crypto market.