Will only the best survive?

[sana54210]

Well, not just the "best" will survive but the ones who still have buyers will survive for this period. Before all of this started there was a lot of small coins that had low volume and low liquidity and they were having hard time, which resulted with a lot of them dying during this period since they were already not doing well and when they got sold and so forth they basically became very worthless.

However all rest of them with some liquidity and some community behind it will survive this, all they have to do is buy as much as they can to keep the sellers at bay and as soon as this ends they will face with lesser sellers and they will be easily overcoming it. Not going to be easy I can tell you that but overtime it will definitely get better.

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[okala]

For now I will only hold bitcoin and ethereum. It is clear that some of the coins are still going to lose there values significant but bitcoin and ethereum are two coins that I think are going to remain no matter what happens. I have seen that we would need to establish confidence in the mine of people in other to see great changes in the whole thing.

[Onuohakk]

Well said. If the end of this global pandemic, bitcoin and  other altcoin manages to survive all this global financial crisis, I believe at it all cryptocurrency will be well recognized and valued throughout the world. Which the price of bitcoin will skyrocket tremendously

[samcrypto]

For now I will only hold bitcoin and ethereum. It is clear that some of the coins are still going to lose there values significant but bitcoin and ethereum are two coins that I think are going to remain no matter what happens. I have seen that we would need to establish confidence in the mine of people in other to see great changes in the whole thing.

I support your top picks and I also holding that coins and mostly consume my total capital. We have to be on the best sides as the global market enters into the recession, many believes that gold and bitcoin will fly higher and we can’t afford to lose that opportunity. Only the best will fly high but not all small will die, they will just face a big challenge and they have to survive on that.

[inanilujimi]

the current crisis is not in just a few countries but almost the whole world feels its effects.
it has become a strong law of nature that will last.
the solution is not just about crypto what we should use, but how crypto can include many new users.

[Reatim]

As you have said about the helicopter money or known as the stimulus. This will make people wonder that the government can print money as much as they want but it will badly affect their economy. The inflation rate will increase and their savings value will become lower.
Before they don't care what bitcoin is but this is the time for them to see how powerful bitcoin is in times like this.

Having Bitcoin with Only 21 million to be exact people will now consider using this than fiat that can be copied millions and billion times.

and we are seeing this effect these days as the value of market is growing while the whole world still in pain.
possibly that Bitcoin will first make a run after this pandemic while fiat may take long time before going up.

[michellee]

Yes, in the crypto world, the best will survive and can come out to a better position. We know already that bitcoin is the best coin in the crypto world, and bitcoin is also the leader among the other coins so that bitcoin will survive, and the price will increase higher. In the altcoin section, there are so many altcoins that still compete with each other to get a better position, and we hope that the ethereum will have the big chance to be the number one behind bitcoin. The rest altcoin is still trying the way to defend their position or trying to beat the other position. We will see what will change in the coin position soon after the bull run comes.

[lienfaye]

I think that the only the best are able to survive. Now we're stepping into crypto decade. What are your thoughts about current situation and role which cryptos will play in this "New World"?

The current situation of the world is really affecting the economy and this is all because of the virus spreading. We didnt see this coming and not even prepared for it. Some of us dont have savings and its a big problem during this lockdown because we cant buy the essential things that we need.

Now that this scenario is happening there's a room for crypto to be notice as a useful currency that have fast transaction and can be use for digital payments. Only the best survive indeed and crypto is one of that particularly btc because the market will recover and crypto will exist for long time.

[shoreno]

I think that the only the best are able to survive. Now we're stepping into crypto decade. What are your thoughts about current situation and role which cryptos will play in this "New World"?

The current situation of the world is really affecting the economy and this is all because of the virus spreading. We didnt see this coming and not even prepared for it. Some of us dont have savings and its a big problem during this lockdown because we cant buy the essential things that we need.

Now that this scenario is happening there's a room for crypto to be notice as a useful currency that have fast transaction and can be use for digital payments. Only the best survive indeed and crypto is one of that particularly btc because the market will recover and crypto will exist for long time.

i agree when you say that btc is the best but talkin about the market recovery and if how long crypto exist is another story anymore   .  even if btc is known to be the best crypto coin , there is still a chance that it will fall and cannot recover easily just like it happen before and even until today  .also we wont know if how long btc and other cryptos exist because they say that all things have thier own endings even the best of the best is not immortal but lets only hope that we can enjoy them for a longer time and we people  can live longer

[cunguks]

the current crisis is not in just a few countries but almost the whole world feels its effects.
it has become a strong law of nature that will last.
the solution is not just about crypto what we should use, but how crypto can include many new users.

it will be difficult. because the use of crypto until now is still very limited to the community. but if the government is ready to improve the post-epidemic economy with new crypto technology to improve their country's economy it will be good for crypto. because in this crisis it seems that transactions between countries are also disrupted. hopefully, there is a platform that can bridge this and that problem from blockchain and crypto.

[jhonjhon]

the current crisis is not in just a few countries but almost the whole world feels its effects.
it has become a strong law of nature that will last.
the solution is not just about crypto what we should use, but how crypto can include many new users.

Unfortunately, not all of us have known about crypto and definitely they don't understand how it applies to the current situation.
Maybe we can say that this is the perfect time to use crypto but should have to think also that not all establishments are this and this not will serve as its purpose. It can be of FIAT should they have to look rather than of having Bitcoin or other coins at this time.

[ballerin and giroud]

For now I will only hold bitcoin and ethereum. It is clear that some of the coins are still going to lose there values significant but bitcoin and ethereum are two coins that I think are going to remain no matter what happens. I have seen that we would need to establish confidence in the mine of people in other to see great changes in the whole thing.

Both of coins are good but seem like your argument is too much. There still a few altcoin that will give you good profit and maybe there still coin who still give you a comfortable to you to hold it. Like me, I am still holding ripple until now and thus far I am not lose much as you think. And I don't know what you mean about no matter what happpen bitcoin and ethereum still remain, because if there is a bad thing come then their prices will be decreased. Take a look when the impact of coronavirus, bitcoin and ethereum have plunged as well.

[Shadowkipper]

I think that practically nothing will change in the market, it's just that now there is a small crisis in crypto, and since there were top and skam coins in the market, so they will remain.

[forexandcryptoauditor]

The current situation where entire world market of stocks, forex and cryptocurrencies are impacted, only strongest will survive and once everything will be over, the only survived will shine.
There is a major support for cryptocurrencies market at the moment due to upcoming Bitcoin halving rewards event. Hope the situation will be in favour of markets soon.

[Lordshiva]

The current situation where entire world market of stocks, forex and cryptocurrencies are impacted, only strongest will survive and once everything will be over, the only survived will shine.
There is a major support for cryptocurrencies market at the moment due to upcoming Bitcoin halving rewards event. Hope the situation will be in favour of markets soon.

seeing the situation of the world right now...even the best coins are in danger of crash...i am from india and the whole share market has crashed here and dont know what will happen in next few weeks...really hope things get under control soon

[sana54210]

The reason why smaller startups got so big is the simple fact that they do not require all that much money and they can basically do something huge with just a small amount of cost, so it is awesome for investing to it and that causes rich people to get richer.

You could invest 500 million dollars to netflix TODAY and still make that back in 10 years then some plus you would have shares, and it is literally quite late to netflix investment game as well, they are already making huge sums of money and probably wouldn't even accept your money.

Long story short when all of this is over, we may actually see smaller airlines for example, startup airline business has never really worked properly until now, with the amount of money startups get maybe it may work, or any other business that was hit by corona and get government bail out, people show their discomfort with them and pick startups so bailed out ones lose money anyway.

[coinfinger]

There is no way that all of the coins in the market can survive this without a problem, however the trouble is when some horrible bad small coin dies because there is no more money coming in and it dropped significantly never to return and recover, there are new ones pumping up every single day.

The good part for them (and bad for us) is that they have very little liquidity and their teams have a lot of money, which means they can only survive on being in one exchange and they can put some money into that exchange to keep it look like it has some volume when there isn't any and they can spend 1 bitcoin to suddenly x2 the price as well, all of which is fake of course. That is why it is not only important to kill these coins that make people believe there is money to be made there when there isn't but also we have to prevent them doing it before it happens.

[Smitty Werben Man Jensen]

For now I will only hold bitcoin and ethereum. It is clear that some of the coins are still going to lose there values significant but bitcoin and ethereum are two coins that I think are going to remain no matter what happens. I have seen that we would need to establish confidence in the mine of people in other to see great changes in the whole thing.

the right decision if you hold Ethereum and Bitcoin, but don't forget coins that are in the top 100, projects that are there have strong fundamentals, but do have to be patient if you want to get big rewards, because the market is still Bearsih, altcoin season also hasn't appeared yet

[TheAndy500]

The current situation where entire world market of stocks, forex and cryptocurrencies are impacted, only strongest will survive and once everything will be over, the only survived will shine.
There is a major support for cryptocurrencies market at the moment due to upcoming Bitcoin halving rewards event. Hope the situation will be in favour of markets soon.

seeing the situation of the world right now...even the best coins are in danger of crash...i am from india and the whole share market has crashed here and dont know what will happen in next few weeks...really hope things get under control soon

As for the normal stock market, you can be sure that the crisis for them is just beginning. Soon companies will publish a report from the first three months of this year and I am sure that the crash will be larger than recently. However, this creates a great opportunity for the cryptocurrency market, because many investors from normal exchanges will be looking for new investments and probably a lot of capital will appear on the cryptocurrency markets. I think this could be the beginning for the new bull run and alt season on the cryptocurrency market.

[mahilchii]

First you need to understand the logic of Cryptocurrency, they are high risky but rewarding too. Risky in the sense no one knows which coin will go up and down because crypto is extremely volatile, This especially happens only when the market is in bear trend. Just focus on its trend and how it reacts in the tough market situation only then it will be easy to pick a right coin, I always prefer the top 50 coins of the CMC list.