Peanutswar
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Merit: 1303
Top Crypto Casino
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October 15, 2020, 02:05:56 AM |
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its the best decision i made in pandemic ,cos of pandemic we all got dip ,so i full my bags with good coins like btc ,eth ,xrp ,and bnb and in just 41 days my portfolio become double
Good for you then. Mostly was panic and some say it relates to the drop of stock but I don't think that way. People just need money, in cash. There is also a panic in getting more stocks of food when the known coronavirus suddenly impaled the economy. Small investors could have sold their coins in exchange for living in better days while in lockdown. Of course, small investors will be very disturbed in a pandemic like now because the urgent need due to Covid-19 can trigger them to panic and sell all their assets even though this is down and can fill more bags with potential coins, but there is power for them to panic quickly. The current condition of food stocks is more important to survive the nose than to maintain their investment which is not necessarily profitable. Still, there are few investors are getting triggered by any kind of market movement, and they panic selling all of their funds. Base on my experience too when I start on investing with the bitcoin, and ripple(xrp) the market price of these coins are too high and I just put all of my funds right there because I think there is another increase but having a bad decision after a few weeks the price of these coins drops and Its too hard to recover but my aim is to get profit so the best solution for this is holding my coins, and as far as an I remember I held this coin for over four or five months before I get my profit back. I have two options at that time hold or sell. I choose to hold. For sure there are some newbies are sold their coins because of the rapid downfall of the price. Well, we have different perspectives and choice depends on how this may benefit us.
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traderethereum
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October 15, 2020, 02:45:35 AM |
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Of course, small investors will be very disturbed in a pandemic like now because the urgent need due to Covid-19 can trigger them to panic and sell all their assets even though this is down and can fill more bags with potential coins, but there is power for them to panic quickly. The current condition of food stocks is more important to survive the nose than to maintain their investment which is not necessarily profitable.
Even if the small investor is disturbed because of the pandemic, I am sure that they are okay, and they can still trade at this moment. They need to have a strong mind and make sure themselves that this pandemic will be over soon. Some trader sells their asset because of the need for the money, but I believe that they still have the other asset, and I am sure that they will continue to trade to make a profit. I believe that behind the hard moment can trigger us to have a secret power to survive in hard situations, and that will happen to trader or people who want to try hard. It is hard for everyone, but I am sure that we can stay strong behind this pandemic, and we will still survive. The pandemic will not stay for a long time, and we will be okay until the vaccine can distribute to us, and everything will be better.
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AakZaki
Legendary
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Activity: 2338
Merit: 1084
zknodes.org
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October 15, 2020, 09:26:55 AM |
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There is a lot of newbies who want to make trade too well they want to earn with other big-time traders this is a good idea right? but the problem is they want to become big earner at the same time so they are using different techniques like using a trading bot, making a trade at their own selves without having a prior knowledge by this they create a mistake and causes to lose their funds. Even we are giving them a lot of suggestion and opinions still they are urging to earn immediately.
It seems ridiculous to urge to get big immediately. How can you benefit from trading if you don't understand the basics of trading and only rely on trading bots. Losses will soon approach him, no matter how much money to trade, if you do not know the basic knowledge of trading then everything will disappear. Early education about how to trade properly and correctly is very important so as not to experience losses.
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DeadCoin
Sr. Member
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Activity: 1246
Merit: 261
★ Investor | Trader | Promoter
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October 15, 2020, 01:15:47 PM Last edit: October 15, 2020, 10:08:18 PM by DeadCoin |
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There is a lot of newbies who want to make trade too well they want to earn with other big-time traders this is a good idea right? but the problem is they want to become big earner at the same time so they are using different techniques like using a trading bot, making a trade at their own selves without having a prior knowledge by this they create a mistake and causes to lose their funds. Even we are giving them a lot of suggestion and opinions still they are urging to earn immediately.
It seems ridiculous to urge to get big immediately. How can you benefit from trading if you don't understand the basics of trading and only rely on trading bots. Losses will soon approach him, no matter how much money to trade, if you do not know the basic knowledge of trading then everything will disappear. Early education about how to trade properly and correctly is very important so as not to experience losses. Perserverance is needed especially now that we are in the midst of pandemic ,in fact no one knows the entire foot break and cured perfectly causing by the negative reaction. I think Trading in the middle or during this situation is uncertain but I also believe that its all about time to clean up the view of our lives run faster towards the next step, aside from that , I guess, most important thing is be balanced while waiting for the time development in the field of trading system,
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goaldigger
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October 15, 2020, 01:29:56 PM |
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its the best decision i made in pandemic ,cos of pandemic we all got dip ,so i full my bags with good coins like btc ,eth ,xrp ,and bnb and in just 41 days my portfolio become double
There’s always an opportunity to make money on a bear market and despite of this pandemic, people who knows about cryptocurrency still make a good profit, its simple they took risk and now they gain that profit, and this is good for you. Trading is risky and the pandemic make the market more worst, rather volatile and its actually a best way for the trader to do their best on riding the waves in the market. People might have a limited resources during this time and that is fine and normal, but if you want to recover as easy as you can and have the experience in trading, do it here in cryptomarket.
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onecall123
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October 15, 2020, 01:56:12 PM |
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There is a lot of newbies who want to make trade too well they want to earn with other big-time traders this is a good idea right? but the problem is they want to become big earner at the same time so they are using different techniques like using a trading bot, making a trade at their own selves without having a prior knowledge by this they create a mistake and causes to lose their funds. Even we are giving them a lot of suggestion and opinions still they are urging to earn immediately.
It seems ridiculous to urge to get big immediately. How can you benefit from trading if you don't understand the basics of trading and only rely on trading bots. Losses will soon approach him, no matter how much money to trade, if you do not know the basic knowledge of trading then everything will disappear. Early education about how to trade properly and correctly is very important so as not to experience losses. It's exactly what alot of newcomers need however everybody has different theory or range to capture trading knowledge. Fundamental information is so important to deal in any circumstance. You just decide for yourself, in which stage you're very all set. As there are a lot of trading courses out there. It isn't so much that troublesome getting include and make good return.
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Tigerheart3026
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October 15, 2020, 02:44:30 PM |
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I'm full time trader since 2018.I have suffered a lot durning pandemic when my trading is out of control even reduced 18% from my initial portfolio.I converted all of crypto in USDT. Basically to last 5 months i didn’t trade for collapsed market.I haven’t thought about starting trade yet.
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gabbie2010
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October 15, 2020, 02:45:00 PM |
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There is a lot of newbies who want to make trade too well they want to earn with other big-time traders this is a good idea right? but the problem is they want to become big earner at the same time so they are using different techniques like using a trading bot, making a trade at their own selves without having a prior knowledge by this they create a mistake and causes to lose their funds. Even we are giving them a lot of suggestion and opinions still they are urging to earn immediately.
It seems ridiculous to urge to get big immediately. How can you benefit from trading if you don't understand the basics of trading and only rely on trading bots. Losses will soon approach him, no matter how much money to trade, if you do not know the basic knowledge of trading then everything will disappear. Early education about how to trade properly and correctly is very important so as not to experience losses. It's exactly what alot of newcomers need however everybody has different theory or range to capture trading knowledge. Fundamental information is so important to deal in any circumstance. You just decide for yourself, in which stage you're very all set. As there are a lot of trading courses out there. It isn't so much that troublesome getting include and make good return. The will and patience to learn those trading courses had been the major problems of newbies or newcomers many of them has the impression of earning big profits within the shortest period of time that is why they prefers Bot trading regardless of even the basic knowledge of trading. Trading is journey that requires learning and acquiring knowledge thus gaining experience along the line until when a trader start making profits consistently with some little losses then such a trader had gained some experience.
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Cryptoababe
Member
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Activity: 914
Merit: 19
Do it For Better Humanity (Bitget trader)
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October 15, 2020, 03:02:25 PM |
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The market as at now.
This has left most traders in disarray as they tend to exchange their coins for stable coins and also withdraw from the market. But then, this is most likely and should not be the case as the first phase of the pandemic met a world with zero preparation or anticipation for that level of damage, causing a drop in drastically all economies in contrast to now when, all is in plan to tackle it at its best and reduce damage to a minimum. Therefore, the market though might encounter a little bumpy road, is bound to run smoothly in no time.
I don't think most traders are in disarray because of the pandemic. Although, the pandemic brought more light to people about stable coin but with what I've heard from some traders, they believe that more correction is coming and to be able to buy larger amount of coins, they need to convert the current ones to stable coin. Now, the market is smarter and its like its setting traps for greedy traders.
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BuNga_cute
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October 15, 2020, 03:36:14 PM |
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In a pandemic situation like now trading can be a source of income, because many people have lost their jobs, by trading can earn income. If we already have knowledge about trading, should be able to make profit from trading in either a bearish market or a bullish market. It's not easy to trade in a situation like now, have to be careful choosing coins for trading. Choose popular coins and have a high volume for trading, because popular coins and have a high volume are not only good for trading, but safer too.
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Mandarava
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October 15, 2020, 03:36:41 PM |
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The pandemic will soon cease to be a factor due to which the price of bitcoin will fall. In general, it seems to me that this was the only time when the market reacted so negatively to this news about the fall. Now everything is relatively calm, no one panics anymore when he hears the word "coronavirus". So it seems to me that all this is a bit in the past. People quickly adapt to all of this.
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carlfebz2
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October 15, 2020, 09:22:06 PM |
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In a pandemic situation like now trading can be a source of income, because many people have lost their jobs, by trading can earn income. If we already have knowledge about trading, should be able to make profit from trading in either a bearish market or a bullish market. It's not easy to trade in a situation like now, have to be careful choosing coins for trading. Choose popular coins and have a high volume for trading, because popular coins and have a high volume are not only good for trading, but safer too.
Dont make it as a last resort because trading isnt really an option that you can easily just dive in just because you do believe and see that they are making money with it. Always think twice and make up some considerations first before making further step because trading does really require some capital and if you do rush up into something. Instead of earning you will surely lost money instead thats why you should really be careful into things when you are just new.It doesnt work on where you do believe at first because you'll surely realize that it doesnt really worth that way. Somehow trading can really give out that kind of opportunity or chance but it will base on how good you are on it.
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Ridwan Fauzi
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October 15, 2020, 11:08:09 PM |
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Indeed, the history will repeat itself but no as simple as that. There will be a different movement especially when there is big factor comes. So, it is not enough to analyst by looking the previous chart, but you have to make the analyst with another strategy like trend line, harmonic pattern, chandlestic form and the other indicator.
Currently I do day trader and yeah I have to make an anlayst for at least an hour and more and after that I have to wait and see the price action. Sometimes I have to stop my entry trading because the movement price will be different with my strategy that I made. So, for those newbies who want to trade they at least should now the strategy that I mentioned, it is very helpful as well.
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Malamok101
Full Member
Offline
Activity: 868
Merit: 100
Proof-of-Stake Blockchain Network
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October 16, 2020, 11:40:55 AM |
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In this kind of pandemic for sure lot of people use some trading platforms to earn money this is only way to earn those stock on their homes. Because of lock down they need a online works to earn money.
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Findingnemo
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October 16, 2020, 11:45:12 PM |
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History repeat itself but there is no perfect path of movement, the prices were moving in so random way but there was bullish and bearish cycle in not definite way.People get more attracted to crypto related earnings only when they see bitcoin price increase and that exactly happened with pandemic too but fortunately the prices got recovered and able to manage but not much people made the profits by trading alone in this pandemic.
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metenjean
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October 17, 2020, 04:29:04 AM |
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During the pandemic there were so many people who had to be laid off from their jobs, I think this gives a lot of opportunities for everyone to start trading in bitcoin. Why not try trading but still have to follow and analyze well, during a pandemic like this with increasing unemployment, I think more and more people are getting into the world of trading because they have to find income for their daily needs. Almost eight mounts have running pandemic I think more than 20% off new trader have coming to try get much profit with bitcoin and altcoin trading.
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imstillthebest
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October 17, 2020, 06:38:48 AM |
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During the pandemic there were so many people who had to be laid off from their jobs, I think this gives a lot of opportunities for everyone to start trading in bitcoin.
they can get thier last pay or back pay and use it as a capital in the hopes of making it bigger , if they have no last funds to get on thier employer they can also make a loan and apply that loaned money here on trading but before that , they need to practice first . trading is no any business that you can jump and start easily . aside from the number of people that entered on trading during the pandemice times , theres also people that are laid off here in trading and the reason is starting a business outside or they cant continue because they dont have funds because of lost jobs and they dont want to risk money anymore .
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el kaka22
Legendary
Offline
Activity: 3696
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
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October 17, 2020, 09:30:56 AM |
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Success is when preparation meets opportunity, at least that is what they say. Pandemic is not something you should be ready for, but if you saw bitcoin at 9k and assumed that it would be 20k or something and bought it with all your money, you weren't ready, however if you had some bitcoins yet some usdt or cash ready for another purchase, when pandemic hit you could have bought as low as 5.5k as well, which would have dropped your averages down a lot, it is 2x from the bottom right now for this year, literally double of your investment.
So, yes trading on pandemic could feel unethical because you have made a profit from human misery, I wish I never made a profit from it and it didn't happen, but since it already happen without me doing anything, I might as well profit from it as well (without actually hurting others finances like toilet paper stackers).
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proTECH77
Member
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Activity: 1120
Merit: 30
Bisq Market Day - March 20th 2023
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October 17, 2020, 01:35:13 PM |
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Many thought this covid-19 will collapse the economy and also reduce crypto to Lower level in the country. Truly many businessmen and many sectors collapsed during the pandemic that is harding them to raise again to improve their businesses. Many crypto trader are still carry out their trading daily by daily for more profit to earn from the business. Despite the pandemic many investors are just smiling for big surprise they have received from crypto during this lockdown. I guess we are in the season of crypto surprise in the market.
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alisonwonder
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October 17, 2020, 02:34:40 PM |
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Many thought this covid-19 will collapse the economy and also reduce crypto to Lower level in the country. Truly many businessmen and many sectors collapsed during the pandemic that is harding them to raise again to improve their businesses. Many crypto trader are still carry out their trading daily by daily for more profit to earn from the business. Despite the pandemic many investors are just smiling for big surprise they have received from crypto during this lockdown. I guess we are in the season of crypto surprise in the market.
Unfortunately, in some countries when Covid spread, many countries experienced a very large economic decline because many were stopped from working and many corporate sectors stopped producing because there were no workers because the influence of Covid made many people miserable.
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