Where will we stand at the end of pandemic?

[lepbagong]

obviously because crypto has a very different market share from the others, so long as there is no internet disruption, crypto can still run well. crypto only requires an internet network and people who want to invest in tokens that are sold in the crypto market.

fortunately in the corona pandemic, the bitcoin market can still run well, not very affected, as seen from the movement of bitcoin in the past few months it has always been in the position of $ 9K.
had dropped to $ 8K and had broken through $ 10K, but did not last long and returned to remain in the $ 9K range. this is clearly good news and is very supportive of crypto being able to remain targeted by investors.

traditional investment business is also still there that can run well, as long as it is related to the market place with online services, of course. so as long as there is still an internet network, all things related to online are not so affected and can run properly. so it's not just crypto that works well.

as a beginner or not a beginner obviously investing in bitcoin is very promising. because prospects continue to always develop and are highly sought after. but for now it is not advisable to invest in a new project because it is very risky. it's better to keep holding altcoin at the top of the list for investment because it reduces risk but not without risk.

[btc_angela]

As of now crypto is surviving this harsh period wherein we have seen Bitcoin doing better han expected and same goes with altcoins as well but where will we find ourself at the end of pandemic? If the situation worsens do you think we will get more investment from newbies who might by switching from their traditional investment to a crypto as none of the businesses are going to prosper during this situation so there are chances we will get more investment into crypto or else there are possibilities of massive cashout if crypto decline as the existing players would switch to gold atleast to keep their investment intact.

Kindly share your suggestions

I think we have seen the worst already, the scare around March wherein the price goes down to $3k for me would be the serious threat to bitcoin and the rest of the crypto market. However, we have survived it already. So I doubt that if we ever see a second wave of infections, the price of bitcoin might decline but not as close to 50%. Investors have already diversify their assets, as for newbies, there is a chance that they will choose bitcoin over traditional instrument.

[ultrloa]

As of now crypto is surviving this harsh period wherein we have seen Bitcoin doing better han expected and same goes with altcoins as well but where will we find ourself at the end of pandemic? If the situation worsens do you think we will get more investment from newbies who might by switching from their traditional investment to a crypto as none of the businesses are going to prosper during this situation so there are chances we will get more investment into crypto or else there are possibilities of massive cashout if crypto decline as the existing players would switch to gold atleast to keep their investment intact.

Kindly share your suggestions

I think we have seen the worst already, the scare around March wherein the price goes down to $3k for me would be the serious threat to bitcoin and the rest of the crypto market. However, we have survived it already. So I doubt that if we ever see a second wave of infections, the price of bitcoin might decline but not as close to 50%. Investors have already diversify their assets, as for newbies, there is a chance that they will choose bitcoin over traditional instrument.

Luckily the halving pass and many people been hype unto it since we are able to remain at $9k price figure at this point, I can think even more worse if there's no halving especially for todays pandemic events since provably we will suffer from major dump if that's the case since I assume many people are afraid to lose their money and trust the investments while the virus hit badly.

[crwth]

I think many of us start with the Ponzi scheme at the beginning, and after we have much experience of being a scam, we realize that we need to stop the cycle by reading and learning more about crypto. If we can get the right sources, we will make money even if we are still at this pandemic because we can survive. We can help them by giving the correct information about investing in bitcoin, so they don't get the fake investment programs.

I didn’t start with the Ponzi scheme. I have discovered bitcoin in another forum in which there are a lot of people who got info there and are sharing their own opinion on it. It’s quite informative, and I got hooked to BTCT because everything is in here. The world will survive for sure, and I don’t think there’s something to be worried about, just our daily needs, IMO.

[FanEagle]

The clearest position bitcoin could have after this would be to promote the fact that "pay without touching anything" method, basically QR code, so if you do that, you would also help banks too because some banks do allow that as well, you download banks app, the shopping place has a tablet, they show you a qr code, you open your bank app and you pay that way without touching.

We could have same idea with the bitcoin world as well, and that could help us get so much more attention into bitcoin, but I am not sure if that would get the only attention. It would be more like 5% bitcoin attention, 95% bank app attention. However, whatever helps us is good for us, not really something that would be bad even if it is just 1% of the attention to QR code payments goes to bitcoin.

[justdimin]

Firstly the end of pandemic is not known yet because the problem is only getting more serious with time and there are no genuine signs of the pandemic slowing down by any means even as Russia has developed some vaccine but it is still not tested.

Now coming back to the crypto future when pandemic ends, basically I don't think much has been happening to crypto price and investors aren't too worried about the situation because almost every sector is as badly effected and there is no better opportunity if you divest from bitcoins where will you use that money? Gold is not the best option because the price is going to be stable or even negative in coming days since most of the people are saving money so gold can't be a good investment in near future.

[coinfinger]

I think we have seen the worst already, the scare around March wherein the price goes down to $3k for me would be the serious threat to bitcoin and the rest of the crypto market. However, we have survived it already. So I doubt that if we ever see a second wave of infections, the price of bitcoin might decline but not as close to 50%. Investors have already diversify their assets, as for newbies, there is a chance that they will choose bitcoin over traditional instrument.

I also think the massive drop has something to do with the corona virus being at it's peak during that time and maybe people panicked and cashed their assets which may have brought the market to a massive halt but I think there were other reasons as well like the PlusToken scam and the other problems like the share market crashed I heard so to maintain capital in share trading a lot of people sold their assets like bitcoins.

Yes we survived that hole and actually recovered pretty steeply as I was expecting that we will recover but the recovery might be slow given the market but then we actually recovered within 2 weeks if I am not wrong mostly.

[okala]

As of now crypto is surviving this harsh period wherein we have seen Bitcoin doing better han expected and same goes with altcoins as well but where will we find ourself at the end of pandemic? If the situation worsens do you think we will get more investment from newbies who might by switching from their traditional investment to a crypto as none of the businesses are going to prosper during this situation so there are chances we will get more investment into crypto or else there are possibilities of massive cashout if crypto decline as the existing players would switch to gold atleast to keep their investment intact.

Kindly share your suggestions

Bitcoin was actually created for this time and it has performed will in the face of this covid19. I believe that since some countries has started developing vaccine very soon we would start to see improvement and recovery in cryptocurrencies market in general.

[Reatim]

As of now crypto is surviving this harsh period wherein we have seen Bitcoin doing better han expected and same goes with altcoins as well but where will we find ourself at the end of pandemic? If the situation worsens do you think we will get more investment from newbies who might by switching from their traditional investment to a crypto as none of the businesses are going to prosper during this situation so there are chances we will get more investment into crypto or else there are possibilities of massive cashout if crypto decline as the existing players would switch to gold atleast to keep their investment intact.

Kindly share your suggestions

I think we are only in waiting time now here,because obviously the search about crypto specially Bitcoin this past months really increase insignificantly things that we may call our advantage now.

Look if all those researcher will come and invest inc rypto market after the pandemic?don't you think this is a Big Blast in our economy here?

I know that there are certain fear from those who saw the Huge dump last march but these people also saw the Great growth just weeks after that fall.

One thing is certain, at the end of this pandemic Bitcoin will be held by stronger hands.

Supporting this.a very short Post but means a Lot specially to the people who really trust and support Bitcoin and not those posting things but never even come to invest in this great coin.

[minairia3]

You are missing the point here, yeah Bitcoin might have defied all odds when it was the first one to recover in majority of the asset markets out there but it doesn't mean it has been proven and tested that it can stand when the situation of this pandemic worsened. If we see more companies and businesses close and the unemployment rate rise I don't think that the crypto market will be as immune as we think.

Have we not seen its worse before? We are now recovering as other countries started to flattening their curves. Company closurr is inevitable, but businesses are not all engaging cryptocurrencies so Im not really worried at all. Yes there are whales playing with it, but we cant be sure if those are not real new investors who are thinking that cryptomarket is a safe haven for their investment.

Its not that I'm missing the point but I understand these factors that affect the market globally or even at small scale magnitude influx of investment.

[YuginKadoya]

We can not assume that the price will stay in its current state of the price if the pandemic is totally gone will the price stay or correction might occur, because in my opinion the current price right now is not the real value we are seeing, this may go down when all goes well, but the current price right now is still decent so many holders are still cool with it and I really think that it is good to invest in cryptocurrency when the stocks are all down at the moment.

[Zackgeno96]

As of now crypto is surviving this harsh period wherein we have seen Bitcoin doing better han expected and same goes with altcoins as well but where will we find ourself at the end of pandemic? If the situation worsens do you think we will get more investment from newbies who might by switching from their traditional investment to a crypto as none of the businesses are going to prosper during this situation so there are chances we will get more investment into crypto or else there are possibilities of massive cashout if crypto decline as the existing players would switch to gold atleast to keep their investment intact.

Kindly share your suggestions

Higher is the chance of people who used to invest in cryptocurrencies will take a break from investing in crypto and think about traditional investment vehicles like stocks, real estate and helping out other small businesses when the pandemic will be over because there will be a lot of new opportunities created in the same old market due to the economic slowdown provided by the pandemic, but after some saturation, we will again see the trend in which people again invest in bitcoin and will see bitcoin as a lucrative investment.

[matchi2011]

As of now crypto is surviving this harsh period wherein we have seen Bitcoin doing better han expected and same goes with altcoins as well but where will we find ourself at the end of pandemic? If the situation worsens do you think we will get more investment from newbies who might by switching from their traditional investment to a crypto as none of the businesses are going to prosper during this situation so there are chances we will get more investment into crypto or else there are possibilities of massive cashout if crypto decline as the existing players would switch to gold atleast to keep their investment intact.

Kindly share your suggestions

I think we have seen the worst already, the scare around March wherein the price goes down to $3k for me would be the serious threat to bitcoin and the rest of the crypto market. However, we have survived it already. So I doubt that if we ever see a second wave of infections, the price of bitcoin might decline but not as close to 50%. Investors have already diversify their assets, as for newbies, there is a chance that they will choose bitcoin over traditional instrument.

There's always a chance to anyone who will learned this market to start investing, the pandemic affects every investment  venue and
people are looking for every opportunities, if they'll see that from here then the chance is high that they'll
be going inside and start investing their money.

[The Sceptical Chymist]

If the situation worsens do you think we will get more investment from newbies who might by switching from their traditional investment to a crypto as none of the businesses are going to prosper during this situation so there are chances we will get more investment into crypto

Not likely.  I don't know how much more the situation could worsen, unless we start seeing massive numbers of new cases or a mutated strain of the coronavirus (and perhaps a more virulent one at that), but my guess is that if the world has to go into lockdown again for a significant amount of time, we'd start seeing people pulling money out of their investments, including crypto.  That's basically what happened early on in March/April, when we saw the stock market take a hit.

I'm hoping that scenario won't happen, and I've got my fingers crossed that there will be an effective vaccine developed to combat COVID-19.  That would take quite a while, but I think the world could suck it up until one comes to market. 

Bitcoin got lucky IMO.  I'm really surprised that it didn't keep sliding toward $5k or lower when everything seemed like it was being sold off.  Bitcoin rebounded quite nicely, and that's a bit baffling to me.  Maybe it had something to do with the stimulus money, but who knows.

[Finestream]

This pandemic has a long term effect but crypto will surely grow as it's proven to be a strong asset during this time and it would be attractive to investors. The fiat system might suffer due to the loans of our government, taxes will increase while unemployment will rise, but crypto should always be a great option for people who like to hedge that kind possibility in the future and that's where the money will come in.

[mersal]

As of now crypto is surviving this harsh period wherein we have seen Bitcoin doing better han expected and same goes with altcoins as well but where will we find ourself at the end of pandemic? If the situation worsens do you think we will get more investment from newbies who might by switching from their traditional investment to a crypto as none of the businesses are going to prosper during this situation so there are chances we will get more investment into crypto or else there are possibilities of massive cashout if crypto decline as the existing players would switch to gold atleast to keep their investment intact.

Kindly share your suggestions

If this is going to be worse then every investment sector will get hit and crypto market will be no exception to it because people will be more interested in surviving than making profits, so hopefully the pandemic may not get more worse anymore so the market will start recovering gradually.But this pandemic might changed the mind of investors about where should we invest our money more which could probably land on cryptos it is really doing better than traditional investments.

[Ridwan Fauzi]

I've been reading several times about an article that bitcoin is really close or highly correlated with the stock market.

As you may know, when the coronavirus hit exactly at 12 March ago most of stock market or most of investment place including bitcoin was decreasing.

Until now, the price movement if I see day by day most of traditional investment place are same with crypto curreny. So, there will be many chance if this pandemic end the movement price of crypto will be like traditional investment place.

[romero121]

I've been reading several times about an article that bitcoin is really close or highly correlated with the stock market.

As you may know, when the coronavirus hit exactly at 12 March ago most of stock market or most of investment place including bitcoin was decreasing.

Until now, the price movement if I see day by day most of traditional investment place are same with crypto curreny. So, there will be many chance if this pandemic end the movement price of crypto will be like traditional investment place.

Over the months the stock market of different countries have hit the peak as well as experienced the low bottom. Bitcoin getting its growth pattern similar to stock market won't happen in the short.

Though bitcoin value is based on demand to the supply, we can't predict the market as it is manipulative. Another thing in my opinion, if bitcoin market movement ends similar to the traditional market automatically the demand will fall. For the uniqueness bitcoin is preferred by people over other investments available in the market.

[electronicash]

bitcoin stands even in the height of pandemic, it will definitely stand  in the end.
the only that you'd worry though is if the price will also go up because coronavirus seem not really slowing down and there is nothing we can do until it goes away. the pandemic makes us afraid to spend anything as investment. unless BTC will suddenly grow and everyone adopting it then we'd probably see newcomers from other markets joining the rally.

[barbara44]

One thing is certain, at the end of this pandemic Bitcoin will be held by stronger hands.

Great to have the insights from one of the legend on our forum.

I agree that the people with strong will and character will be the ones who would hold their bitcoins in such times.

The clearest position bitcoin could have after this would be to promote the fact that "pay without touching anything" method, basically QR code, so if you do that, you would also help banks too because some banks do allow that as well, you download banks app, the shopping place has a tablet, they show you a qr code, you open your bank app and you pay that way without touching.

But that is also being done by Paypal and other payment processors plus the fact that Bitcoins still is yet to gain the legal status in most countries while some countries allow transactions they still do not deem bitcoins as legal as it needs to be for mass payments.

I think the pandemic is not going to end anytime soon and anyone who is able to safeguard their bitcoins by panics and market drops will be benefiting big time once the pandemic actually ends.