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Author Topic: What will be the next movement in the market  (Read 1161 times)
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April 18, 2020, 08:20:46 AM
 #1

Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?

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April 18, 2020, 08:39:57 AM
 #2

Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?
Fall? the opposite is happening. I think we have already the fall when bitcoin fell to $4900 and was likely to continue but the reversal was quick and we are now on $7000. I'm not expecting further falling although there will be some minor ups and downs because that's the usual behavior of the crypto market. Others have no choice but to sell their holdings for the provisions but they can get back on it again at any price so if the price that they are about to buy is lower, they are lucky.

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April 18, 2020, 09:02:38 AM
 #3

Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?
At first, maybe that is how we see the flow of the price of the market due to panic and their need for money. However, we can see that even after facing this pandemic, we have seen the improvement of the price of every crypto in the market. I don't think that it will decrease more since its way is going up.

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April 18, 2020, 09:25:12 AM
 #4

Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?
Human race are the strongest, many are not ready to sell their tokens just because it looks like it's the end of the world, and it looks like this pandemic will only favour crypto in the end, let's be strong, there  is always light in the darkest tunnel, this pandemic is will over sooner or later

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April 18, 2020, 09:32:51 AM
 #5

Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?
That was a long time ago when coronavirus began to spread in several other countries besides China, and you seemed to be a little late in asking about this, but it didn't matter, because everyone here would want to share their opinions.
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April 18, 2020, 09:57:46 AM
 #6

Did you not pay attention to the market a month or two ago.
at this time in my opinion the crypto market is better than the stock market and others, who continue to strive to emerge from the pandemic that has plagued almost the entire world to be the right solution from the enactment of government regulations to stay at home.
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April 18, 2020, 10:06:43 AM
Last edit: April 18, 2020, 10:16:50 AM by hd49728
 #7

Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?
The pandemic has its effects on the crypto market but the market has recovered better than stocks, gold, etc. That is the story in March but in April we have seen many nations around the world began to contain the virus so well. The most seriously affected nations have reached peaks or recovered, China, Italy, Spain. Some other big nations have seen some early good signals of near peaks.

From now on till the end of the second quarter, we will see some good changes of the pandemic, especially in big nations. It will bring more optimistic to the world, but in terms of economy, the effects will last longer and need more months to fully reveal.

I think the crypto market will move up because of these reasons and the coming halving of bitcoin.

If you need reasons for market dumps or pumps, there are reasons will be released through news at the right time.
  • Market dumps: Reasons: pandemic, unemployments.
  • Market pumps: Reasons: pandemic, unemployments.

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April 18, 2020, 10:14:51 AM
 #8

Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?

Coronavirus won't have large effect on prices of crypto and as the pandemic eases, people would have much more interest towards crypto. The current situation won't remain longer and things would be normal within next 3 months. With bitcoin and it's fork halving this year, we could expect an overall upward trend in crypto prices.


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April 18, 2020, 10:20:04 AM
 #9

Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?

No direct correlation between the pandemic and the price movements in crypto market. In fact, the people in crypto space has already gotten over the panic selling of essential stuff including few crypto assets as we all prefer to have cash in our hands in this dire situation. The market is slowly recovering now, maybe because of the halving that turns optimistic people to buy again at the lowest possible figure.
As the number of infected people grow, I didn't notice any relevant movements of the price over the last few days.

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April 18, 2020, 10:32:07 AM
 #10

Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?

No direct correlation between the pandemic and the price movements in crypto market. In fact, the people in crypto space has already gotten over the panic selling of essential stuff including few crypto assets as we all prefer to have cash in our hands in this dire situation. The market is slowly recovering now, maybe because of the halving that turns optimistic people to buy again at the lowest possible figure.
As the number of infected people grow, I didn't notice any relevant movements of the price over the last few days.

Most people have bought bitcoin and crypto as an investment. Though some of the unfortunate may need to sell their coins due to financial situations, most have crypto as one of the ways of saving and investment. Most people would get through with what they have and won't sell the coins on loss as it's a market that can correct faster than any other.



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April 18, 2020, 10:47:52 AM
 #11

Definitely this pandemic covid19 crash the economy of several country and that's a factor that affects the situation of crypto market. Maybe after this pandemic the crypto market would be stable again and back into a good situation, hoping for the recovery of the crypto market.
In reality what is seen is that the current co-pandemic19 has destroyed all of the company's production activities in a number of countries which could have resulted in the economic downturn in all sectors including the cryptocurrency space sector.
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April 18, 2020, 12:03:47 PM
 #12

Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?
Maybe your right. But think also those who are die hard fans of crypto and serious to earn from this huge dump? Many whales are anticipating this and their only concern is of course profis.

Im also affected by this crisis as my work has been set to irregular and on and off basis. But as much as I wanted to sell of my crypto, Im also thinking of the benefit on holding it since I have still funds to spare for consumption in this locked down times.

But of course not everyone has same situation and I understand them if they will sell a bit but not all will risk losing the chance to hold especially if the price goes so high after this covid shit.



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April 18, 2020, 12:12:54 PM
 #13

Definitely this pandemic covid19 crash the economy of several country and that's a factor that affects the situation of crypto market. Maybe after this pandemic the crypto market would be stable again and back into a good situation, hoping for the recovery of the crypto market.
In reality what is seen is that the current co-pandemic19 has destroyed all of the company's production activities in a number of countries which could have resulted in the economic downturn in all sectors including the cryptocurrency space sector.
Covid-19 was really terrible and caused the whole economy to collapse in just a short time. I don't know when this epidemic will end, but in general, without the vaccine, this epidemic will forever exist in the human world. The crypto market is also affected a lot but not by much and will certainly recover soon if the situation gets better.

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plvbob0070
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April 18, 2020, 12:45:39 PM
 #14

Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?
Based on what I see and experience, due to the effect of coronavirus, it brought down different markets and everybody thinks that it will cause crypto to fall but right now its quite in the good condition and bitcoin is now step up again to the price of 7,000$. Not all people will gonna sell their crypto including me and I guess I'm gonna sell it if I badly need the money but right now I still stick to my plan which is to hold it. Probably, some of the investors, traders, and holders already sacrifice their crypto to sell. It's hard to track the movement of the market and for me, I'm still believing for the better market in which bitcoin will go up again to 10,000$.

But as much as I can, I'm trying to hold my coins since even with this vague situation, because I still believe that this year is a good year for bitcoin.

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April 18, 2020, 01:02:28 PM
 #15

Definitely this pandemic covid19 crash the economy of several country and that's a factor that affects the situation of crypto market. Maybe after this pandemic the crypto market would be stable again and back into a good situation, hoping for the recovery of the crypto market.
It is not really the pandemic that affected the market price of cryptos or the market situation itself but thr actions made by people in order for them to be saved from the situation, more of an indirect effect. Many investors pulled their investments the moment lockdown procedures have been implemented because their daily needs should be more prioritized. And that I think is the primary reason of the recent decline in the market price. But I doubt that the situation would continue because we can already observe recovery to both crypto industry and people of diffetene countries at this moment.

Definitely this pandemic covid19 crash the economy of several country and that's a factor that affects the situation of crypto market. Maybe after this pandemic the crypto market would be stable again and back into a good situation, hoping for the recovery of the crypto market.
In reality what is seen is that the current co-pandemic19 has destroyed all of the company's production activities in a number of countries which could have resulted in the economic downturn in all sectors including the cryptocurrency space sector.
Indeed, the economic status of different countries have been reflected to this industry which is not surprising to know. The recovery in the market price of cryptos might be a sign that those who were negatively affected by the recent problem are also starting to recover.
Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?

No direct correlation between the pandemic and the price movements in crypto market. In fact, the people in crypto space has already gotten over the panic selling of essential stuff including few crypto assets as we all prefer to have cash in our hands in this dire situation. The market is slowly recovering now, maybe because of the halving that turns optimistic people to buy again at the lowest possible figure.
As the number of infected people grow, I didn't notice any relevant movements of the price over the last few days.

Most people have bought bitcoin and crypto as an investment. Though some of the unfortunate may need to sell their coins due to financial situations, most have crypto as one of the ways of saving and investment. Most people would get through with what they have and won't sell the coins on loss as it's a market that can correct faster than any other.
To put it simple, that financial situation is what we are seeing at this moment. In some places, this situation promotes survival.

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April 18, 2020, 01:09:10 PM
 #16

Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?
Yeah the virus really affect the market that is why we have experienced the biggest decrease in just a short period of time but right now we are starting to push upward again the market for the past days that it decreases. The green market that we are experiencing right now is a good sign that bitcoin halving is making a good impact even if we are currently facing a pandemic right now and many countries are imposing a lockdown in their area.

There is a big chance that the graph will continue to increase until we will hit the halving, so we can expect a green market in the following days if this will continue as bitcoin is already 7k$ plus which is good from 6k$ plus in the past days.

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April 18, 2020, 01:48:05 PM
 #17

Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?
It's not will but corona has already affected cryptocurrency and remember when crypto especially bitcoin was getting a big dump. The opposite thing could happen when some people need money and they can do a trade to get profit to be able survive in this pandemic. There was a lot of possibilities dude.

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April 18, 2020, 01:57:09 PM
 #18

The current market condition looks quite good and I think this is happening because mostly crypto community is getting much aware and responsible they have understood that falling in panic is not a worthy way If this momentum continues then we may expect more positive growth of the market.
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April 18, 2020, 02:02:26 PM
 #19

Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?
We already felt the impact but still the virus will affect cryptocurrency, but it should be on a good side right now since the economy are dropping and people have no more choice but to buy more gold, silver and BITCOIN. We can’t know the next movement of crypto market, time will tell and the halving is approaching so expect at least a positive pump before that.

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April 18, 2020, 02:05:21 PM
 #20

Bull market on its finest. The world is suffering from.corona but  see the market today it keeps on recovering and going strong.  Bull run before the halving will surely happen this year
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