Store your bitcoin

[FlightyPouch]

At this moment,bitcoin and all other crypto currencies had a huge collapse due to the corona virus affect. This COVID-19 had a great impact on the market. But at this moment it is a great opportunity to earn and store your bitcoin because after several months the crypto market will rise again and with the increase of Bitcoin market price,your stored crypto will be increased and you will have a huge amount of profit. Besides that,we all should pray for the current situation of the world and hope it will be over soon.

Bitcoin in the situation with coronavirus behaves the same as all world official currencies - a crisis is a crisis. Of course, we are expected to rise after all that collapse, but I am sure that this will happen in about six months - not earlier.

But the thing here is that the pandemic is not the major cause of the dump of bitcoin. There are other causes of this dump and I think that is the dumping of bitcoins of the PlusToken scammers. They are moving a lot of bitcoins to a lot of wallets and put it into mixers. After the huge fall back at $5K, after a day, the price went back to $6K so I don't think it will last 6 months since we will be also having the halving.

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[joeperry]

Storing Bitcoin for the purpose of holding it for a period of time is a strategy of most Bitcoin enthusiasts during its price fall. It has always been the way market works. However, with this global pandemic disease that have massively affected every aspect of life, most probably Bitcoin will have a harder time in coming back to its original state. And thus, plans that must be taken out towards your Bitcoins must be thought about comprehensively. As they say, only time will tell if everything will go back to normal.

[camito]

At this moment,bitcoin and all other crypto currencies had a huge collapse due to the corona virus affect. This COVID-19 had a great impact on the market. But at this moment it is a great opportunity to earn and store your bitcoin because after several months the crypto market will rise again and with the increase of Bitcoin market price,your stored crypto will be increased and you will have a huge amount of profit. Besides that,we all should pray for the current situation of the world and hope it will be over soon.

Many have been in this community for many years and I think this depression is not new to them. For inexperienced ones, as well as newbies, I think it is best to learn from seniors. Strategizing and analyzing the future of Bitcoin's price would be a great help. For sure, it would take time to see the Bitcoin's graph having a positive slope so I think buying at small amounts only would help rather than holding because once we see the rise, we can have a positive feedback from our assets.

[Sadlife]

This is one of the post that most investors should listen and follow, buy the dips whenever you got the chance to buy cheap BTC. Because after the 80% flash crash, it recovered in just a matter of days after the crash. Showing the strength in price. If you've traded with that and bought the lows, you have gotten really great gains.

[ballerin and giroud]

Bitcoin price has all time low ie $3500 in 2018 ago, many people had been suprissed at that time. Now bitcoin price has been decreasing again and even it was not bitcoin only but most stock, oil and another investment was decreasing as well. We can see bitcoin price had fallen almost 50% in a few days that I think it will give a bad effect for bitcoin price in the future.

Because in last few year we were consider that bitcoin is safe haven place but by this situation I can't justify that. Whereas most intention's people to buy bitcoin are to store their money or an investment place but will they still justify that bitcoin is good place to store money? The answer will not if we see to this situation. So I can't predict that bitcoin will have high price at this year.

[JoMarrah Iarim Dan]

At this moment,bitcoin and all other crypto currencies had a huge collapse due to the corona virus affect. This COVID-19 had a great impact on the market. But at this moment it is a great opportunity to earn and store your bitcoin because after several months the crypto market will rise again and with the increase of Bitcoin market price,your stored crypto will be increased and you will have a huge amount of profit. Besides that,we all should pray for the current situation of the world and hope it will be over soon.

Well congrats. I hope you're one of those who earn, or buy, and store bitcoin. You surely gain profit since bitcoin price increased. As we all know, some places around the world are recovering from COVID-19 so there will be more people to invest again or should I say back to their normal crypto operation.

[Mpamaegbu]

At this moment,bitcoin and all other crypto currencies had a huge collapse due to the corona virus affect. This COVID-19 had a great impact on the market. But at this moment it is a great opportunity to earn and store your bitcoin because after several months the crypto market will rise again and with the increase of Bitcoin market price,your stored crypto will be increased and you will have a huge amount of profit. Besides that,we all should pray for the current situation of the world and hope it will be over soon.

Your advice can only be taken by those who have excess funds, and not someone who is barely struggling with his finances. Of course, everyone likes to save money but sadly we can only save what we don't use. Remember that Bitcoin saw worse in 2018 even without any epidemic. It recovered. We also expect it to recover again.

[Initscri]

Better yet, now isn't a bad time to revisit your *storage method* for Bitcoin. With everyone stuck at home, it isn't a bad idea for those folks who have Bitcoin stored in *unsafe* methods to convert over to safer methods (paper wallet hidden, etc).

If anyone has an online wallet, now may be a good time to figure it out.

[FanatMonet]

At this moment,bitcoin and all other crypto currencies had a huge collapse due to the corona virus affect. This COVID-19 had a great impact on the market. But at this moment it is a great opportunity to earn and store your bitcoin because after several months the crypto market will rise again and with the increase of Bitcoin market price,your stored crypto will be increased and you will have a huge amount of profit. Besides that,we all should pray for the current situation of the world and hope it will be over soon.

Your advice can only be taken by those who have excess funds, and not someone who is barely struggling with his finances. Of course, everyone likes to save money but sadly we can only save what we don't use. Remember that Bitcoin saw worse in 2018 even without any epidemic. It recovered. We also expect it to recover again.

It seems to me that people who do not have funds and do not invest their money in cryptocurrencies they too dangerous for investment. And the main rule of investing : "You have to invest as much as you can afford to lose without harming your life."

[Oasisman]

This is one of the post that most investors should listen and follow, buy the dips whenever you got the chance to buy cheap BTC. Because after the 80% flash crash, it recovered in just a matter of days after the crash. Showing the strength in price. If you've traded with that and bought the lows, you have gotten really great gains.

Those who bought at $4,100 might be the luckiest If ever the price would rally back to 5 digit or better hit another ATH after the block halving.
Anyway, the current price today is still considered as a good entry point  prepping up for the possible bull run.
And, we would see a much better figure if the spread of corona virus will be contained in a month.

[wingfield_crypto]

    I think this period is the right time for investments in crypto. People sold crypto during this period of COVID19, and prices dropped dramatically. It is a starting point for new investors and I think this opportunity to invest should not be missed. Unfortunately, not everyone has investment funds, and the basic rule in crypto is to invest only as much as you allow yourself to lose.

[Nawrod]

I strongly agree with the opinion that for now it is better to save the bitcoin we have and if we have more money we can
buy bitcoin again. Because the price of bitcoin is now cheap, and unstable market conditions are very dangerous for us
do trading. But usually these conditions do not last long, hopefully in the near future the price of bitcoin can go up again.

well, I agree. I'm 100% sure that bitcoin will rise again, it's hard to say when but it will for sure. Now, I'm holding my bitcoins, I don't want to sell them. Another thing I do is staking CDL Token (on CoinDeal) because I want to earn up to 11% rewards per year (in CDL, BTC or USDT) which is great imo

[CarnagexD]

This is one of the post that most investors should listen and follow, buy the dips whenever you got the chance to buy cheap BTC. Because after the 80% flash crash, it recovered in just a matter of days after the crash. Showing the strength in price. If you've traded with that and bought the lows, you have gotten really great gains.

Those who bought at $4,100 might be the luckiest If ever the price would rally back to 5 digit or better hit another ATH after the block halving.
Anyway, the current price today is still considered as a good entry point  prepping up for the possible bull run.
And, we would see a much better figure if the spread of corona virus will be contained in a month.

The bitcoin halving is coming and there is a chance that the market price of the bitcoin becomes profitable again and give a good market value and people already see this opportunity to make investment and appreciate the use of the cryptocurrency to make more profit also the halving month is coming for the next two to three months and there is a time again to make more investment and wait for the halving, still be careful because the market is volatile we cannot tell what will happen on the price.

[kayvie]

Well, this kinda good advice. We should take advantage of the current status of the price of bitcoin, even if we can't really guarantee when will bitcoin will rise, it is still a good chance for everyone to store enough bitcoin to make a decent profit in the future.

[Cryptoreflector_666]

Well, this kinda good advice. We should take advantage of the current status of the price of bitcoin, even if we can't really guarantee when will bitcoin will rise, it is still a good chance for everyone to store enough bitcoin to make a decent profit in the future.

This attraction is repeated every year and all the same mistakes. Bitcoin is a profit in the long term and nothing more. Everyone who has earned good money on bitcoin says that only time has helped them. Don't be stupid - free cheese is only served in a mousetrap.

[Pixyoxx]

Even I also think that we all should store our bitcoins , As in my opinion bitcoin prices will hike in no time, in near future the price could go upto 20% more because of all crisis happening in the world the price of bitcoin is low as soon as the market rises again the bitcoin will show its true value again. so i think that we all should store our coins right now for the profits in near future as soon as the corona is over.

[bearexin]

When the market started crashing I wasn’t afraid. Although I don’t know what the future holds, but I felt like after everything the price of bitcoin will still go back up and the way I’m seeing it the increase that will follow after this fall might be huge.

Another reason why I am not worried about this situation and what has happened with bitcoin is because I learnt early to be cutting my coat according to my size, so no matter what happens I know that whatever loss that occurs is something I can afford to take. I still have plans to invest more but not now, I’m just going to wait till this issue of covid-19 pass.

[Leonardo7]

The more it spreads, the more the price dips (if actually the dip is caused by Covid-19) 

What do you really think is the cause of this current dip? Covid-19 has been spreading and bitcoin has held its position at $6k zone and this turns out bitcoin may just be resistant to this looming global financial crash.

[hahay]

Always praying and striving for this situation is the main thing we have to do and indeed, with the collapse of the market price this is at least a moment for us to buy more or maybe just to keep hold it because after all, there is no need to panic and worry about the future just because pandemic coronavirus, because when this situation has improved and all activities return to normal, then recovery and improvement in the near future like something that is sure to happen, be patient.

[kaneki007]

I really hope that this situation will end soon and the world will soon recover so that people's activities can return to normal, when the bitcoin price dumped a few days ago I still hold it and don't panic sell unless I really need money for my needs. And now it seems that bitcoin has recovered its price back to 6.5k$.