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Author Topic: Do not be fooled  (Read 3948 times)
Ziskinberg
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July 21, 2020, 07:25:59 AM
 #161

There was a saying that goes this way, be greedy when others are fearful, I guess this is the perfect tool in time like this pandemic period, I sees this time as an opportunity, even while the opportunity that was opened in March is no more be prepared for what will happen after pandemic is finally over
That works all the time in crypto as well, I've been following and using that principle that turns out to be my strategy, and I can really tell its very effective as long as you have the discipline.

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July 21, 2020, 08:03:05 AM
 #162

This might be the biggest crash over the past decade, whatever goes down it will go back up one day.
not everyone can invest in this difficult time, but when the economy will improve, it will be a very big change.
some people might think more about how to survive first.

Absolutely agree..
Pandemic crushed everything but crypto will not die
Pandemic actually opens new opportunities for the blockchain industry in the medium and long term

As Friedrich Nietzsche said, "Something that doesn't kill you, makes you stronger. "
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July 21, 2020, 08:53:45 AM
 #163

Crypto will survive this pandemic and after it's over we will witness a very big bull run, I'm positive about this because within this pandemic period crypto have reached a certain point where it becomes more recognized just because it stay strong in this pandemic period.
I think that cryptocurrency does not depend on the pandemic in any way. cryptocurrency depends on how much people are afraid of losing their money. Cryptocurrencies are now the safest  payment tool and I think that we will see prices rise when people will become calmer

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July 21, 2020, 09:21:11 AM
 #164

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 shows that crypto is capable of anything, Cov-19 crushed everything in it's path but crypto was left out, it was a mind blowing opportunity for those who still believe that crypto will perform well when Bitcoin goes down to 3600+ in march, I missed that opportunity
I don't think the cryptocurrency market isn't affected by Cov-19. To be fair, every market is affected by the global market. However, the cryptocurrency market wasn't affected as much as other markets. In the other hand, Cov-19 brings a great opportunity for the crypto world. The reason is that due to the stay-at-home orders in many nations, many people use their time to look for an alternate way to make money online. Therefore, they come to the cryptocurrency world! It expands the recognition of this market!

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July 21, 2020, 09:44:04 AM
 #165

do not be fooled by those who don't understand the technology
There are words written in print/electronic media, especially about Bitcoin/crypto, which can be trusted & cannot be trusted.

It's not that easy to be fooled by some irresponsible sources, at the time saying crypto is the end of everything, basically most people have strong principles and mentality about Bitcoin to come.

Corona, open an obstacle for crypto users in general to stop investing / trading, what we need to do is: buying now a long term investment is better than we think of others who frighten crypto users today.

R


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July 21, 2020, 10:06:30 AM
 #166

With no doubt this market is here to stay and no matter how bad things seems, the market will always bounce back stronger because the technology behind bitcoin is way to good to die off. I think majority of the people that sold off there portfolio are those that needed cash to stay strong during the global pandemic as well those that have health issues. I believe when the pandemic is over and the market starts experiencing a bull sign, we will se lot of the people that left trooping back!
I have never sold my bitcoins. I have a part of my money that I use for trading, but there is also a part of the money that just holds and will hold for a very long time. no matter what happens in the world - I will not sell my bitcoins






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July 21, 2020, 11:23:02 AM
 #167

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, Coronavirus is bad, ok. But it's a good opportunity to find out something really new for everyone, trade more and just have more time with family. In fact, there always be people who don't understand the technologies of cryptoworld
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July 21, 2020, 11:31:34 AM
 #168

You are right. Those who have a good idea about crypto will never make such a foolish decision. Those who don't have any patience & don't trust Bitcoin will do it. In the days ahead, they will realize their mistakes and will buy it again at double price.
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July 21, 2020, 11:52:57 AM
 #169

Crypto will survive this pandemic and after it's over we will witness a very big bull run, I'm positive about this because within this pandemic period crypto have reached a certain point where it becomes more recognized just because it stay strong in this pandemic period.
I think that cryptocurrency does not depend on the pandemic in any way.

Speculations are based to any possible news, maybe indirectly will make an impact but it will depends from how traders and
investors will take the news and act according to the trend.

cryptocurrency depends on how much people are afraid of losing their money.

Sentiments always depends from how holders react to any market movements.

Cryptocurrencies are now the safest  payment tool and I think that we will see prices rise when people will become calmer

Not sure what you mean by saying safest, but it can be use as payment tool and if there are many people who will
start using this system expect that it will bring the value to rise up.
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July 21, 2020, 12:33:08 PM
 #170

   I am not fooled, but I don't agree with OP that market was in bad shape in times of writing this post. It was bearish period, and
bearish periods are common for crypto-market. Now the market is up again, and we have many coins rising in past two weeks. As
you can see there was no reason for desperation, for blaming anyone, it was just a moment when prices were down, but that
doesn't mean that crypto-market is in bad shape or anything, money always flow in and out.



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July 21, 2020, 12:34:52 PM
 #171

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
It is precisely the potential for cryptocurrency to become more popular, desirable, and solutions during the pandemic more dominant. because maybe people who lost their jobs could become investors / traders, looking for more attractive places to help increase their income. therefore one of them is the world of cryptocurrency. we have seen trends in various other crypto which are increasing in turns.

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July 21, 2020, 12:38:09 PM
 #172

   I am not fooled, but I don't agree with OP that market was in bad shape in times of writing this post. It was bearish period, and
bearish periods are common for crypto-market. Now the market is up again, and we have many coins rising in past two weeks. As
you can see there was no reason for desperation, for blaming anyone, it was just a moment when prices were down, but that
doesn't mean that crypto-market is in bad shape or anything, money always flow in and out.
Crypto market isn't at bearish trend when corona appeared, it almost recovered to half of its all time high after long time and everything was set up for the bullish trend after haling but due to corona the whole world's economic structure got crashed which caused the crypto market as well but the recovery started very soon from that crash and it was in stable price region for months already.
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July 21, 2020, 01:40:47 PM
 #173

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

Indeed, the market is not in the best condition right now. But I think that the market will soon begin to grow, many of my friends on the contrary are now trying to accumulate cryptocurrency, which I buy whenever possible. I think we are now seeing another manipulation before the bull market.

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July 21, 2020, 02:23:46 PM
 #174

This might be the biggest crash over the past decade, whatever goes down it will go back up one day.
not everyone can invest in this difficult time, but when the economy will improve, it will be a very big change.
some people might think more about how to survive first.
We can survive in this pandemic, the economy might struggle hard but we are still alive and there's still no food shortage globally, and what is needed is just food to survive, also, we have our scientist working for the vaccine, once it's out, everything will be back to normal, maybe not instantly, but at least we are sure we will recover. The market globally is in bad shape, but good thing the market in crypto is not affected, the effect seems to be good as it's still stable until now.

We crashed as well, but the important thing is that we recover.
I think so too, because from the history we saw in previous crashes, the market will always improve itself sooner or later.
so we just need to hold on and go with the flow
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July 21, 2020, 02:48:24 PM
 #175

Covid 19 actually proves that digital currencies such as cryptocurrency are superior to conventional currencies. Conventional money is so badly affected that it causes a bad economy.

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July 21, 2020, 03:09:31 PM
 #176

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

Indeed, the market is not in the best condition right now. But I think that the market will soon begin to grow, many of my friends on the contrary are now trying to accumulate cryptocurrency, which I buy whenever possible. I think we are now seeing another manipulation before the bull market.
pumps and dumps can indeed happen at any time, because the crypto market is also very volatile,
but for the price of Bitcoin it is reportedly already breakout and ready to take off

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July 21, 2020, 03:37:37 PM
 #177

Covid 19 actually proves that digital currencies such as cryptocurrency are superior to conventional currencies. Conventional money is so badly affected that it causes a bad economy.
People never think how bad is COVID-19 affecting the global market and not seeing it crashes somehow. But the good thing is that the crypto market doesn't have a losing chance to grow instead, we are seeing its huge improvement since the lockdown is implemented by many countries. This will lead into more adoption to crypto and that it also helps to open up the minds of the people who were sometimes doubtful towards Bitcoin.
Well, I don't see this will be a reason that conventional currency will die but I see that crypto is taking a huge part in surviving the hard situation we face now.

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July 21, 2020, 06:20:14 PM
 #178


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

I don’t let other people’s opinion affect my decisions when I know for sure that I’m doing the right thing. People will say a lot of things and plant fear in you and if you let that cripple you, you will end up with wrong choices and miss good opportunities. Of course I do sell my coins, but that’s when I’m in need of it, not when people tell me to do it.

not everyone can invest in this difficult time, but when the economy will improve, it will be a very big change.
some people might think more about how to survive first.

Yea, some people are avoiding investment because they are afraid that things might get worse and it would be a time when the market might even get bad and they will lose their money.

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July 22, 2020, 10:30:26 AM
 #179

Crypto haters will have no choice but to join in the end, this pandemic period have wiped out every doubt about crypto capability, now PayPal is becoming more friendly with crypto, before this year runs out crypto will see more adoption

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July 22, 2020, 11:47:03 AM
 #180

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

many people always take advantage of this situation by speculating spreading false news so that it can influence people who hold bitcoin. their goal is to make fake news so they can take advantage of the situation. actually until now Bitcoin has not lost its value even though the price has always dropped as in previous years, but it will definitely recover. even more so with this pandemic, maybe some people have switched to investing their money in Bitcoin or other types of Altcoin because they have more time

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