Do not be fooled

[Hellkas]

I agree with you. Many people just panic and don`t understand what they do. Crypto technology is one of the most potential and market will recover sooner or later. My strategy is holding and I recommend everyone do the same.

[leea-1334]

You're right Bitcoin has died many a times but it's still alive today. People should not give up yet until its over the market will recover and this pandemic will be over someday. Always remember halving is near and anything can happen to Btc price and the entire cryptocurrency market.

It has not died many times, it has only been proclaimed to die many times,,, and in the same way it has lived many times and become god, as proclaimed by so many bitcoin prophets (remember McAfee remember Woo and whoever) all who say BTC will become 100k or 1 million or whatever in one or two years. These guys were spouting pure nonsense.

[princesspoppy]

Bitcoin keeps on crashing then getting back up again, just keep doing the same thing over and over again. There's nothing new with that, yet people keep saying that "bitcoin will soon die" or "this will be the end for bitcoin" but it still recovers and even pumps up again contradicting the speculations and predictions of such people.
Yes, the current crash in the market is/maybe caused by corona virus because of the panic and urgent need of money of some people but as soon as this pandemic ends and everything goes back to the same shape as before, the market will do the same. It will recover too just like how all of us recovers from this crisis.

[GreenStox]

This is not the end just in bad shape, this is common and corona can be one of the reasons for the decline this time.
and what goes down goes up.
After this crash, we may see a higher climb than before.

[imstillthebest]

 actually there are experts that sometimes says negative words on cryptos but im not gonna get affected with what they say same as when some random people claims negative things pertaining to crypto  . as a crypto enthusiast i know if what is happening now  so no reasons for me to be fooled  .

 its not about being fooled or whatsoever but i see many people are taking a break for a while on crypto to help thier comunity to fight the virus   .

[OasisDre]

Coronavirus needs to go, we should have been at probably 12k per Bitcoin right now but the virus have ruined everything, although It was a big opportunity to buy at cheaper price but the damages is growing every day and that's not good at all, crypto won't die but it's bad for crypto now

[mr.nby]

I agree with you. Many people just panic and don`t understand what they do. Crypto technology is one of the most potential and market will recover sooner or later. My strategy is holding and I recommend everyone do the same.

The economy has stopped in most countries. People will probably lose their jobs because of that. I am not surprised at all these people succumb to emotions. The situation on the markets is difficult and bills have to be paid. Everyone is trying to secure themselves for a difficult time. Not everyone can hold now.

[mamesso]

If anyone says crypto have entered the final round it is a very stupid assumption, the proof is that until now crypto still survives and exchanges in the market are still ongoing.
The corona virus has given a negative aura to the crypto market, but traders should not worry about the current market conditions, what happens now will definitely end, and only people who can take advantage of the situation will smile when the market gets better.

[safem]

In the actual fact, the rapid spread of this corona virus is greatly affecting the market in one way or the other. A lot of countries have started shutting down and cancelling various conferences that could bring about the gathering of much people. In this way, several decisions that could have been made and steps that could have been taken to support the uprising of crypto market price are being altered.A lot of people are also in panic not to invest at this time with the fear that they could suffer a great loss. As a result of this,the crypto market itself is suffering from low turn out of investors thereby making the market stagnant.

[Seth2009]

Agree, bitcoin experienced a lot of ups and Downs but still alive.. We can never put bitcoin down.... Some countries already suggesting of using blockchains as a way of transactions today due to the corona virus pandemic to avoid more contacts and spreading of the virus.... And because of this, a lot of countries consider bitcoin as a way of communicating especially fast transactions now... Better, we start to adopt it..

[Crypto_lion]

You cannot just bluntly say that people shouldn't withdraw their funds during this pandemic. The first issue is to make sure that you have enough funds in case things go south.Also nobody wants to see their wealth erode . That's the reason why people are converting the holdings to cash and expect more downturn.

[Novatech8]

Yea let's just keep buying and enjoying the small growth for now, I think it's going to take longer for Bitcoin to reclaim the 9,500$ once again, might even take months but since Bitcoin halving is few weeks away, miracles can still happen

[Hypnosis00]

Yea let's just keep buying and enjoying the small growth for now, I think it's going to take longer for Bitcoin to reclaim the 9,500$ once again, might even take months but since Bitcoin halving is few weeks away, miracles can still happen

It isn't just of a miracle but we have to do something in order to give help and brought the market into its total recovery. People have to think wisely before making a decision and should also have to look for the future not just of today.

We've been hit by a strong force of panic selling due to coronavirus and the market crash but we haven't thought that this would put an end to the crypto world. Some people being doubts but more people are still in the fate that is why the market not really get into the bottom but rather to hold above $4k. These instances make others think positively all the way and not being held negative and questionable beliefs toward crypto.

[TheGreatPython]

I have seen a lot of people say what they believe has caused the price of bitcoin to fall but I don’t believe all that, though they were all trying to make points, but I still know that Corona virus pandemic is the main issue here. One person said it wasn’t coronavirus but due to the announcement that quantum computing has been discovered, then he tried to link it to what happened when the first announcement was made.

I have also seen others that said it’s due to one scam project and also because of millions of dollars that were pulled out from the market. With all that said, I still know that coronavirus is the main cause of the fall. Cryptocurrency market isn’t the only market that was affected by the pandemic.

[Chuky92]

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

Yes that's right, this virus is not making things easier in anyway rather it is making countries to make tougher decisions. Now back to the cryptocurrency world, just like the virus is affecting the entire world it is also doing same to crypto as it is also piloted by humans. Also, I think most people are exiting trades or altcoins they don't trust for Bitcoin, stablecoins or other potential altcoins but saying that Bitcoin or the crypto space will die is a funny thing to say; Bitcoin has seen many bear markets and yet it survived all and still standing till today.

[Perfect35]

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

Now back to the crypto world, just like the virus is affecting the entire world it is also doing same to crypto as it is also piloted by humans.

I like the last part of your statement,. It is because we allowed it to affect crypto, that is why it is affecting it. Yes, this might be unavoidable, but our approach to it matters. We got scared (maybe I am not one of them). which is why people started selling their coins cheaply and we say the market has dumped. We dumped it! If we want it to rise again, it can. However, the COVIC-19 pandemic will one day be over and everything will normalize again.

[Kelvinid]

I have seen a lot of people say what they believe has caused the price of bitcoin to fall but I don’t believe all that, though they were all trying to make points, but I still know that Corona virus pandemic is the main issue here. One person said it wasn’t coronavirus but due to the announcement that quantum computing has been discovered, then he tried to link it to what happened when the first announcement was made.

I have also seen others that said it’s due to one scam project and also because of millions of dollars that were pulled out from the market. With all that said, I still know that coronavirus is the main cause of the fall. Cryptocurrency market isn’t the only market that was affected by the pandemic.

A lot of things will consider as the reason for this declining sentiment but, whatever it is I believe we can still surpass these struggles.
More people link into coronavirus because it actually declines started when the situation becomes pandemic. May we say it was just a big coincidence or not but we have to clearly understand that the market is volatile and unpredictable, nothing we hold in order to be on the price of what we want to.
On the other hand, these changes still are nowhere to find what it causes a lot but we don't need to worry about this. It all be to resolve. Were seems not to be hopeless, in fact, the market started to move upward, this is a sign for recovery.

[TheClownSong]

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

In my opinion, the most important thing right now is not to panic easily. Prices will fluctuate but if we plan to invest for the long term, I don't think we need to panic let alone sell our portfolios cheaply because the market will recover

[Teinkle]

Thank for the advice, but there's always a big opportunity on every down market situation like this what's happening now.

[rezakurnia66]

News that the end of the crypto I can not believe. I have been several years in the digital currency industry. From 2018 slowly the price of cryptocurrency dropped. However, Bitcoin is able to survive and even the coin price has increased. Many people choose crypto for a place to invest because of its high price to pump (especially Bitcoin).

Even with the spread of Corona viruses that negatively impacts the crypto industry. Bitcoin suffered a sharp decline but Bitcoin was back pumping in just a few days after the decline. I think the public interest in the crypto industry is still very large.