Where will we stand at the end of pandemic?

[Wysi]

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

[jossiel]

You mean new money coming in from new investors.

where will we find ourself at the end of pandemic?

This depends on you. If you look to the pandemic as the end of your crypto investing journey, that's not how you handle things. But we can still see the same thing even as this pandemic ends, we'll continue to invest.

Continue to buy and hold.

[Aveatrex]

If you ask me the only reason the pandemic crisis/recession hasn't crushed down BTC price is the halvening. My theory is that since we have now less BTC inflation because of block rewards being 100% less made the price resist the crisis and now we are bouncing between 9k-10k. People complain that the halvening hasn't made price movement in 2 months which is quite unusual compared to past halvenings but they don't seem to grasp that this halvening is potentially just counter balancing the dump provoked by the pandemic (people need money during crisis, it's logic to sell some or all their BTC holdings when a lot lost their jobs etc..) So in theory at the end of pandemic we can see more demand and potentially a rise in price but if you ask me buying at 9k-10k is risky at the moment as 9k level is being tested regularly these past few days more than 10k.

[milewilda]

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

No one knows exactly on what would happen next when it comes to investment talks yet people do have their own will if they would switch up another field or simply cash out of their investment for them to survive if this pandemic situation becomes even more worst or still cant be solved out in upcoming months or even years to come.We cant even sure if people will switch up from traditional investments to crypto.
We might be seeing that crypto market hasnt been affected much on the current global economic situation but it doesnt mean that we wont see any correlation of price movements soon.
For now, lets not hope for that matter because everything would come in line on a specific period of time.

[gentlemand]

We haven't really started to eat the financial pain it's created yet. A lot of economies are still in suspended animation. When they start to thaw out it might get ugly. No one is going to switch to a highly speculative instrument if their day to day necessities prove hard to pay for.

But the people at the top are who we should be keeping an eye on. They're the ones who'll lead future price action as they warm to the idea. As it stands it looks like governments have signalled they're willing to do anything to keep the party going so perhaps in the long run this whole thing will be seen as a temporary blip.

I don't believe we'll get any further price shocks like the fall back into the $3000s. That is a one time freak out that only comes along very occasionally.

[Harlot]

A lot of people are saying that Bitcoin was born during a recession and then somehow they connected it for being some kind of safe haven during these kind of times, their statement making it stronger is this time where Butcoin quickly recovered after a sharp drop to 4,800$ the problem is this wasn't a real test on how Bitcoin will stand when we face the real economic problem this pandemic will bring. I know jobs will be cut and a lot of businesses will shut their operations and will inevitably affect all kinds of assets including crypto.

[Oasisman]

If the situation gets worsen, I don't think new investors would show up in crypto market, because investments will not become the priority during health and economic crisis. Instead, people will invest to things that could provide them basic necessities to survive like food agriculture, livestock, and water (I'm thinking about the worst of worst of this situation). Not to mention, during lockdowns and community quarantines, majority of the workers will have their jobs halted for a period of time, and businesses will be closed down. Thus, depriving them to earn their regular income. So, how do you think these people get their money from to invest in cryptocurrency?

[STT]

I don't believe we'll get any further price shocks like the fall back into the $3000s. That is a one time freak out that only comes along very occasionally.

Usually I'd agree but the volatility is going to rise over the years anyhow.   I would hope any upset would not come via this virus event but in finance terms we are in a declining situation, it will mean alternatives to the previous reliable standards will start to become more important.   People speculate that would include BTC and that might be true but we are going to see both deflation and also very likely inflation result as we have introduced so much new money at the same time as GDP falls; when that eventually circulates we'll have a monetary base with consistency of quicksand to build on and upset is very likely forthcoming from this irregularity.   Its so unpredictable that even 3k might happen, usually people point to much higher prices but I imagine both are possible if its a proper richter scale movement.

[gentlemand]

Usually I'd agree but the volatility is going to rise over the years anyhow.

What I meant was I don't think we'll get a collapse that dramatic again from anything relating to the current situation. It could easily decline back to that price level over time due to boredom, indifference or everyone being broke but not a monstrous plunge.

There'll be no shortage of future dramas but this particular one has already bitten as hard as it can.

[arwin100]

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 cannot say that we can get those things since it depends on the changes of things since for sure the other companies will adopt the digital scene and I see so any of them in my country right now. But this assumptions will came true if we will have a good introduction or advertisement from this industry since if bitcoins will introduced well to the newbies and make them understand on how it works on other ventures for sure we will get the adoption we wanted.

[OgNasty]

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

[crwth]

From what I have seen in some of the social media accounts that I have, my friends there have started their cryptocurrency journey but on the wrong path at first. Technically they are going to the Ponzi Scheme path with Forsage and many more Ponzi schemes that use cryptocurrency. With that being said, there are still people who have money to invest in something that they think they can profit from, so there's no need to worry about it too much. Sharing and influencing people would be ideal for the right applications of crypto.

[michellee]

From what I have seen in some of the social media accounts that I have, my friends there have started their cryptocurrency journey but on the wrong path at first. Technically they are going to the Ponzi Scheme path with Forsage and many more Ponzi schemes that use cryptocurrency. With that being said, there are still people who have money to invest in something that they think they can profit from, so there's no need to worry about it too much. Sharing and influencing people would be ideal for the right applications of crypto.

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.

[exstasie]

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.

I don't view things in those terms, where BTC and "traditional investments" are at odds. I actually see them moving together. Stocks, BTC, and gold are all risk assets to differing degrees.

What does that mean with regard to the pandemic? Well, if this second wave goes exponential and lockdowns become widespread again, the markets are going to punish all risk assets. Just like March, gold will probably fare better than stocks. BTC will probably fare considerably worse. That's just a monument to the lack of liquidity in the crypto markets and the degree to which investors view BTC as a risky and speculative investment.

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

Hard to argue with that.

[Lucius]

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?

The end is not in sight, the pandemic can end in 6 months (in case an effective vaccine is found), and it can last for another 6 years with larger or smaller seasonal waves. Markets will adapt over time, just as people will adapt, but they will certainly be much more cautious than before. Beginners will always look for a way to make a profit, and some will surely like Bitcoin at first. Traditional investors will continue to choose gold, silver, bonds or real estate because they are not gamblers, and they want minimal risk for their investments.

What does that mean with regard to the pandemic? Well, if this second wave goes exponential and lockdowns become widespread again, the markets are going to punish all risk assets. Just like March, gold will probably fare better than stocks. BTC will probably fare considerably worse. That's just a monument to the lack of liquidity in the crypto markets and the degree to which investors view BTC as a risky and speculative investment.

I'm not entirely sure how things are in the world when it comes to full locking, but in the EU some countries are definitely hit by the second wave, which did not result in a lockdown, but only enhanced protection measures. Here is an example of my country - we had 0 infected for a few weeks, we opened up completely and now we have 50-100 new cases a day, but as a tourist country we also have 500 000 tourists (interestingly none infected ) which means we put profit first, and then health of citizens. What to say when we have a president who compares Covid-19 with dental problems

[Kelvinid]

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

Scam and Ponzi scheme looks so aggressive this time as they took advantage over those young minds and no-how investors switching into their crypto journey. Things we can't deny that most of them had been a victim of this trick and to say that this is actually hard for beginners.

We surely don't know when this pandemic will have its ends but then, I don't think crypto will just only be the last option to make money in this hardest situation. I know the crypto investment is really profitable but of high-risk, and it also requires deep market understanding which is not really advisable for now-how investors.

[davis196]

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

My assumption is that,at the end of the coronavirus pandemic,Bitcoin will stand at the place where it is currently standing.The BTC price will be somewhere around 10K USD(maybe above or maybe below) and nothing will change drastically.The expected army of Bitcoin newbies will never come,because many people will lose their jobs and savings during the recession,so they will try to find a 9/5 job,instead of joining the crypto markets.
The major institutional investors will get support from the central banks,so they won't be interested in investing on the crypto markets.

[minairia3]

If you noticed a lot of new community and users have shown interest on cryptocurrency during locked down of course this is due to staying at home. Even now with crisis, bitcoin remain strong, even without new investors it can still stand but its not totally on bitcoin but also to other coins such as altcoin relates to defi.

Its just hurting that forsage project become known and popularity of ethereum connects with this, but this is a scam ponzi scheme.

[exstasie]

What does that mean with regard to the pandemic? Well, if this second wave goes exponential and lockdowns become widespread again, the markets are going to punish all risk assets. Just like March, gold will probably fare better than stocks. BTC will probably fare considerably worse. That's just a monument to the lack of liquidity in the crypto markets and the degree to which investors view BTC as a risky and speculative investment.

I'm not entirely sure how things are in the world when it comes to full locking, but in the EU some countries are definitely hit by the second wave, which did not result in a lockdown, but only enhanced protection measures.

To clarify, I'm not really talking about Europe. I'm talking about America:



All metrics of the epidemic are threatening to exponentially increase again, so I'm concerned we'll see lockdowns in the US again, starting with economic powerhouses like California. They were the first state to lock down in March.

And as we know, when it comes to economic matters, when America sneezes the world catches a cold. I would expect fear to spread to emerging markets, crude oil, export-heavy countries, China, etc.

[Harlot]

If you noticed a lot of new community and users have shown interest on cryptocurrency during locked down of course this is due to staying at home. Even now with crisis, bitcoin remain strong, even without new investors it can still stand but its not totally on bitcoin but also to other coins such as altcoin relates to defi.

Its just hurting that forsage project become known and popularity of ethereum connects with this, but this is a scam ponzi scheme.

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. Technically Bitcoin rising earlier is a strong case of it going down due to influence of whales shorting it rather than the real affects of the pandemic as economically speaking the world isn't as bad financially as compared to where we are now, we can't really be complacent or confident because Bitcoin is doing good now.