Coins Rally After covid what will be%?

[FanEagle]

People could make predictions on some kind of different data they have, not saying they will be right, but if we do not make any predictions about the future of the prices we may never trade bitcoin at all, so we have to find some reason to buy bitcoin (for at least short and mid term, for long term just buy it because it will go up eventually is good enough reason).

However I am not entirely sure if corona is a good reason to make a prediction, we both don't know when it will end and we don't know if it will change anything in bitcoin. We saw how it crippled the economy for a while when it first started being important, but after a while governments helped and stocks and crypto went back up, so I am not sure if it has a really big affect on the price movements.

[whyrqa]

People could make predictions on some kind of different data they have, not saying they will be right, but if we do not make any predictions about the future of the prices we may never trade bitcoin at all, so we have to find some reason to buy bitcoin (for at least short and mid term, for long term just buy it because it will go up eventually is good enough reason).

However I am not entirely sure if corona is a good reason to make a prediction, we both don't know when it will end and we don't know if it will change anything in bitcoin. We saw how it crippled the economy for a while when it first started being important, but after a while governments helped and stocks and crypto went back up, so I am not sure if it has a really big affect on the price movements.

The fact is that the coronavirus pandemic is already very badly affecting the economic condition of each country and markets.  And this is despite the fact that we have not yet reached the peak of the spread of the virus.  Based on this, I think that any situation on the cryptocurrency market can be predicted, but initially you need to understand what extent of the harm the pandemic will cause.

[Jating]

Let's be realistic here, in 6 months time? we will be happy if we see the price hitting $10k-$13k. So obviously, $100k is not doable because of the covid-19 pandemic. Where would be the money coming from, institutional money is already, retail investors? will be very difficult to see them putting money in crypto because of the current situation. I think even whales are getting thinner by the year or it could possibly be that they are also slowly slashing out their wallets and cashing it out. Everything still hangs because of what the OP is calling the 'black swan'.

[judaspriest]

More opportunities to be profitable, if you look at the chart now. almost all altcoin prices experience rising wedge,
you can buy at the support price if you are still in doubt, or if  breakout you can buy it. after covid19 ended i'm sure the price will recover again

[inanilujimi]

I believe anything can happen to crypto, but to achieve 1000% ROI cannot be done in one night, even if there is, then be prepared to feel the pain of falling from a high place, success in crypto requires a fairly long process and not short.

[shoreno]

I believe anything can happen to crypto, but to achieve 1000% ROI cannot be done in one night, even if there is, then be prepared to feel the pain of falling from a high place, success in crypto requires a fairly long process and not short.

roi means return of investment ? 1000 percent or full recovery is possible especially if you only bought at a not higher price  . also depends if what kind of coins you pick because some coins are hard gainers while some can easily pump up in a short period of time . i also agree when you said prepare for a hard fall  . usually the coin can dump really hard first before it will pump verry high , that is because when price dump people will buy more rapidly  . we should be aware with those times so that panicking  take place

[Bezobraznike]

I believe anything can happen to crypto, but to achieve 1000% ROI cannot be done in one night, even if there is, then be prepared to feel the pain of falling from a high place, success in crypto requires a fairly long process and not short.

   Investing in crypto-currencies with hope to make 1000% ROI in short period of time is ridiculous, we all know that.
People who believe in fast and high ROI will probably invest money in some shady project and lose money. I agree
with you Inanilujimi big things don't happen over night, we need to be patient and wait for them to happen.
   World is in a specific situation right now, things around us are happening for the first time. I think its better
to wait for this to end, to check what officials will do and than to make conclusions about what is waiting for us
in the near future.

[Quidat]

I believe anything can happen to crypto, but to achieve 1000% ROI cannot be done in one night, even if there is, then be prepared to feel the pain of falling from a high place, success in crypto requires a fairly long process and not short.

   Investing in crypto-currencies with hope to make 1000% ROI in short period of time is ridiculous, we all know that.
People who believe in fast and high ROI will probably invest money in some shady project and lose money. I agree
with you Inanilujimi big things don't happen over night, we need to be patient and wait for them to happen.
   World is in a specific situation right now, things around us are happening for the first time. I think its better
to wait for this to end, to check what officials will do and than to make conclusions about what is waiting for us
in the near future.

Main problem on most people who do just recently invest on crypto on where they do have those kind of perceptions or hopes that they can
make themselves rich on crypto investment which is really a very wrong kind of mindset.We cant even know if there would be a rally after this
pandemic situation because we cant be sure if the confidence of investors would go back or would put money on crypto space after such pandemic
situation.I dont think too much on the rally even though we are heading on halving event.

[FanEagle]

The fact is that the coronavirus pandemic is already very badly affecting the economic condition of each country and markets.  And this is despite the fact that we have not yet reached the peak of the spread of the virus.  Based on this, I think that any situation on the cryptocurrency market can be predicted, but initially you need to understand what extent of the harm the pandemic will cause.

That is the thing about resistances and supports that people are forgetting to use properly. When there is nothing huge, no hype, no major movements going on, it is very very difficult to break those and even if they do it will be short lived and only until a price, which means you are not going to get something huge out of it, yet at least you could make a small profit from it, at the same time if you are ready for the big huge hype increase you could make a big increase.

So, what you can do (using a trading bot would probably help a lot) put up orders for both supports and resistances, for example if it goes beyond resistance, buy it, yet sell it 2% before the next resistance, means you move money from one resistance to another and profit, or support where sell under the support yet buy before the next support, gain more bitcoins that way.

[Oasisman]

More opportunities to be profitable, if you look at the chart now. almost all altcoin prices experience rising wedge,
you can buy at the support price if you are still in doubt, or if  breakout you can buy it. after covid19 ended i'm sure the price will recover again

You can set your orders if you are still at doubt better to bid and wait for possible dumped, since volatility is present from this market you have to assess and try to make a good entry position.
Alts have a momentum in each time Bitcoin rallied up, choose good coins better those who are inside top 10-20 from CMC.

Im afraid the best entry point was during the huge dump after the WHO declared the covid-19 as a global pandemic. Bitcoin and several alts suffer a huge loss over the last 48 hours. Though we can still find good entry point from the support level, but there are only a small percentage that the market would crash more than 15-20% again this time imo, since Bitcoin and other alts are showing good signs of gradual growth. Though it's hard to break the resistance level, but I have a feeling that we're breaking the level sooner.

[Sanitough]

Im afraid the best entry point was during the huge dump after the WHO declared the covid-19 as a global pandemic.

I think that way as well, because after that bitcoin has been stable and slowly recovered til it reached $7,000.
Now, bitcoin has dump below $7K but it's slowly going back up again, and I won't be surprise if bitcoin will rise over $7K again and again will fall.

it's been the trend and we can understand because the pandemic is still here, messing with people's lives and livelihood.

[Greatchu]

Still all predictions that might never happened, many said same thing last year 2019 and see what happened at the year ending, Bitcoin is still struggling presently at 6800-7000k and I still doubt that the halving will bring positive result

[vella85]

We must all think more long term when it comes to holding Bitcoin and other cryptocurrencies as no one knows when this corona virus will end. I'm thinking that we may see a spike up either before or after the Bitcoin halving but it won't be like in late 2017 early 2018. However in the long term I do see most coins increase in price but we must all be patient.

[Kelvinid]

Still all predictions that might never happened, many said same thing last year 2019 and see what happened at the year ending, Bitcoin is still struggling presently at 6800-7000k and I still doubt that the halving will bring positive result

That is why I'd never trust TA's, especially when trading.

We can't see what will happen next that is why we just keep predicting and we live to that matter for many years just because that is the only thing we can do to boost our courage. There is no harm about this it's either be right or wrong, but the most important is we know how to accept the reality and adopt the market change.