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semobo
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March 17, 2020, 05:35:34 PM |
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Coronavirus is the reason why market is in very bad shape, it will be very stupid to exit because of this while others are making good choice presently, many are already saying it's the end for crypto but the fact is Bitcoin died several times in the past and it's still alive today, do not be fooled by those who don't understand the technology
Crypto currency is also just a money and it supposed to be spend on conditions like these but people are getting afraid is the wrong thing which made the prices to fall down extremely low but nothing to worry because we are seeing more worse conditions on traditional stock markets. |
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"You Asked For Change, We Gave You Coins" -- casascius
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Wysi
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March 17, 2020, 06:23:23 PM |
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Whoever is spreading rumours that it's the end of crypto are the same FUDS who buys Bitcoin like crazy in FOMO when the value pumps and they are the panic sellers as well. It's better to avoid these baseless suggestions as crypto will not end and we have seen numerous fluctuations and this is one of those due to Corona. If we cannot contribute positively atleast we need to stop displaying it in negative lights. We should start reporting such topics to avoid further panic.
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Kasabus
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March 17, 2020, 07:05:38 PM |
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Meh. Bitcoin has been dead over 350 times already according to Bitcoin Obituaries, and people should check that out in case they're having the fear already that Bitcoin is gonna or about to meet its inevitable. We're just having a lot of panics and people shouldn't add more to that panic,because it wouldn't help them not just the market itself.
Just keep hodling, we've been at this point last year.
This is already expected to happen that anytime the market will crash again due to some hypes and the fact that this crypto market is highly volatile. Even without corona virus, bitcoin will still face its bearish season and this is a great opportunity to accumulate more bitcoin aside from holding them. Just don't panic, face the reality about crypto investment. |
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gundala
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March 17, 2020, 09:24:06 PM |
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Everyone has their own perspective in evaluating the world of crypto, especially bitcoin. This perspective is based on the knowledge possessed, so it's normal if there are some people who say BTLC is dead or bubble or Ponzi due to extreme decline a few days yesterday. We, who have understood this ecosystem, should be able to understand that and act wisely. Do not be provoked, as much as possible ignore it and if you can give a correct understanding, if not possible then just ignore it, only waste energy when arguing with people who do not fully understand, right?
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leowonderful
Legendary
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Activity: 1624
Merit: 1129
Bitcoin FTW!
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March 17, 2020, 09:38:30 PM |
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If you're correctly investing and you haven't spent any funds that you might've needed to use for a situation like what's going on with coronavirus right now, there's not much reason to sell now especially when the markets are so volatile and panic is widespread. Nobody knows where the markets are headed next, but selling or buying based on emotions is rarely a good thing to do. If you're looking to accumulate coins, dollar cost averaging now is a good place to start while things are so volatile.
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ragavancoin
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March 17, 2020, 10:57:15 PM |
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the worst time for all crypto market and stock market also due to coronavirus outbreak it has impacts all over the world and it has become more worst day by day, so it impacts more for crypto market. so better to understand the situation and hold the crypto, I hope we will get a solution for coronavirus very soon and crypto market going to bounce back soon.
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zero714309
Member
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Activity: 749
Merit: 13
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March 17, 2020, 11:09:03 PM |
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I think its not about being fooled or not. Some investors/traders have different plan to manage their asset. Some maybe need to close and comeback at the right time. It depend on how we follow our plan.
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Wend
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March 17, 2020, 11:41:40 PM |
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There are times we can say that market has been drop some prices of coins because of they said corona virus maybe it is true. And yes bitcoin we always seen die not only once its so many time die already but bitcoin recover always. We saw now bitcoin drop the price but not totally drop it can be recover again, Ill think it will take to long to be back to the price that we expected for.
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soramon
Full Member
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👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
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March 17, 2020, 11:44:52 PM |
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Well maybe some people lost so much assets because of corona virus and they just play safe. From other perspective this is a good chance to buy BTC or any ALTcoin right now because the price is lower. Bitcoin died many times and i believe it will recover again soon or later.
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Kelvinid
Sr. Member
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Activity: 2800
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when lambo...
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March 17, 2020, 11:46:59 PM |
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I think its not about being fooled or not. Some investors/traders have different plan to manage their asset. Some maybe need to close and comeback at the right time. It depend on how we follow our plan.
It just people had to make their own decision which also could help them in return. If that selling their crypto assets could help them, then why not. We should have to think wisely and understand the word HOLD will matter a lot but something we have to think also the situation and not just being fooled because someone says it. I believe that those weak hands are leaving crypto by now and that is their plan either when the situation goes like this.. |
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flagpara
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March 17, 2020, 11:51:25 PM |
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Coronavirus is the reason why market is in very bad shape, it will be very stupid to exit because of this while others are making good choice presently, many are already saying it's the end for crypto but the fact is Bitcoin died several times in the past and it's still alive today, do not be fooled by those who don't understand the technology
This can a plan to dump price to buy low Bitcoin by real investor. People just wants to everything is safe even crypto investment, some investor sell their coin. But Corona virus is split by using physical cash why don't we use digital currency to make any payments. |
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fuer44
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March 18, 2020, 12:58:35 AM |
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I agree with you, this is also one of the reasons I remain in this forum and work in the bounty campaign. because even though in the last 2 years the bounty feels very bad, but I am always sure that there will be a time when the bounty will rise up and get a good and profitable return. When this corona virus issue, the market crashed and everyone said it was the end of crypto and bounty, but I just thought otherwise.
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Fatimahcrypto
Jr. Member
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March 18, 2020, 04:16:07 AM |
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There's a possibility that the corona virus epidemic contributed to the fall in prices, but it's not the reason for the fluctuations in the value of Bitcoin. The cryptocurrency industry is highly volatile, so prices swings at their extremes and people who are impatient could make drastic decisions.
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maxreish
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March 18, 2020, 07:51:46 AM |
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I'm not being fooled but when my health is on the line, I would sell some of my portfolio to buy food, disinfectants, and other necessities in times like this. That is not a stupid decision, it is just common sense. If I survived this pandemic, there is always a chance to earn money and buy cryptocurrencies.
Well, you were indeed right. At this point when we have to stay at home because of this corona issue and we dont have any income, selling at loss to buy necessities like foods and medicines is not a stupid act. There are still people who needs money in this situation and have no choice but to cash out their bitcoin in their money. Our sake is more important. Just think positively and we can still buy bitcoin when it will dump again. But for now, those who can't hold longer to buy their primary needs can't be avoided. |
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shoreno
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March 18, 2020, 08:02:37 AM |
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who are those who making good choices ? i think only few who are buying but many are selling . selling is thier way to make a good choice because they are panicking and cant foccus too much on crypto . people foccus on thier life on how thwy can save thier self from the threat of the virus but people like you might not understand thier decision and call it a bad decision . some says the virus is not also the reason of the drop while many link it including me . id say btc can be termed as dead thesedays due to its value compare on the past were its value is higher than 8-9k usd
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sangjoewara
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March 18, 2020, 08:06:45 AM |
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I think its not about being fooled or not. Some investors/traders have different plan to manage their asset. Some maybe need to close and comeback at the right time. It depend on how we follow our plan.
Yes, everyone does have a specific plan and a general plan, and at a time when most of the investors and traders are carrying out their specific plans rather than the general plan, because they also want to make a profit and don't want to lose their assets just like that, so take advantage opportunity as well as possible. |
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TheMystic
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Activity: 171
Merit: 12
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March 18, 2020, 08:10:27 AM |
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One way or the other, the market is bent to be like this, history keeps repeating itself... We have seen this many times in the crypto space. Corona virus is just a way of affecting the market at this time. So I will say it's normal for the market as always, but this time with the Corona virus out break. How you handle your funds is then up to you. Sell or hold.
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Greatchu
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Activity: 490
Merit: 10
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March 18, 2020, 08:11:07 AM |
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The virus won't last that long, Trump already said on news that the vaccine is found so it's only a matter of time and everything will once again return to normal, i refuse to sell my coins and token since the virus never get to my country
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kaneki007
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March 18, 2020, 08:17:31 AM |
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I don't care what say bitcoin scams, bitcoin goes to zero or anything negative because I've known crypto for a long time. Not only crypto is down, the stock market has also decreased. The exchange rate of the dollar if converted to a country's currency is increasingly rising, which makes the economy more chaotic. But I still believe that bitcoin will rise in price someday.
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Ziskinberg
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March 18, 2020, 08:23:21 AM |
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The virus won't last that long, Trump already said on news that the vaccine is found so it's only a matter of time and everything will once again return to normal, i refuse to sell my coins and token since the virus never get to my country
There are two only good decisions to make at the current situation. 1- to hold your coins, be a long term holder. 2- to accumulate more while the price is very cheap, everything will be back to normal. |
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