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Author Topic: All markets in 2020  (Read 1288 times)
mianvicky1 (OP)
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November 19, 2020, 04:42:50 AM
 #1

As we all know we face so many circumstances in 2020,  that could have crashed bitcoin and alt coins market. Economy of many countries has down very fast. The covid-19 is still around. As this year is going to finish but i see many good changes in this time frame. In my opinion crypto performed very well is this time.
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November 19, 2020, 05:00:26 AM
 #2

I can say yes, the cryptocurrency market really performed well this year.
My basis is the total market cap of cryptocurrency. The lowest market cap we experienced this year was around $150 Billion, I hope this will be the lowest for this year. And the highest is around $500 billion. I also believe that this pandemic may affect the market cap of crypto.

But we still need to be careful, the year 2020 still not finish, still a lot more to happen before the year ends.


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November 19, 2020, 05:31:08 AM
 #3


It's not only very well but crypto has been bringing on the golden momentum again. The pandemic didn't make crypto to get its best performance. So many people were also trying to use crypto.
The demand of crypto was not only coming from the personality but big companies even some countries have been taking crypto in their main consideration.
CBDC will be also giving a good gateway for crypto to interacted with digital currency.
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November 19, 2020, 05:40:30 AM
 #4

As we all know we face so many circumstances in 2020,  that could have crashed bitcoin and alt coins market. Economy of many countries has down very fast. The covid-19 is still around. As this year is going to finish but i see many good changes in this time frame. In my opinion crypto performed very well is this time.
At the end of 2020, the crypto market is bullish and will continue to move until 2021. Even the second richest person in Mexico has invested his money into bitcoin and gave full confidence to bitcoin. the crypto market is doing very well

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November 19, 2020, 05:51:06 AM
 #5

As we all know we face so many circumstances in 2020,  that could have crashed bitcoin and alt coins market. Economy of many countries has down very fast. The covid-19 is still around. As this year is going to finish but i see many good changes in this time frame. In my opinion crypto performed very well is this time.

Crypto, or specifically bitcoin, prove it can survive even with the pandemic. Not just survived but it grows to something unexpected.

No one anticipates this kind of growth during a pandemic wherein the majority is supposed to save money because of unemployment or few options or source of income. But even with lots of circumstances, we are seeing bitcoin destroying all speculations that it can reach a good price until the pandemic is here.

The growth is strong compare to 2017. I'm expecting a crash but not the same as in 2018.

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November 19, 2020, 06:11:38 AM
 #6

As we all know we face so many circumstances in 2020,  that could have crashed bitcoin and alt coins market. Economy of many countries has down very fast. The covid-19 is still around. As this year is going to finish but i see many good changes in this time frame. In my opinion crypto performed very well is this time.
As you said, the crypto market now performed well enough this year, and it seems the crypto market will increase more before the end of this year.
Hopefully, the crypto market will have a bull run that will come this month or next month, so when the new year comes, the crypto market will have more power to recover and increase higher.
But before that time, we need to be careful because the price will have many corrections, which can be a dump for every coin at the market.
If you can prepare yourself with the dump of the price, you will see your chance to buy low for every potential coin, including bitcoin, so that you can buy back more amount.
The pandemic will end soon after the government distributes the vaccine to all people who get an infection of the virus.
And when all people can get cured, we will see a new world with new hope for all people.

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November 19, 2020, 06:16:13 AM
 #7

Most markets are at all time highs, not only bitcoin and crypto. Many of this has to do with all the money printing that they had to do with so many currencies to keep people from starving who couldn't work. Basically the more money out there, the less valuable it is. So people are buying stocks like crazy and are buying crypto like crazy.

Some stocks like Tesla and Zoom are so overvalued, they got maybe 10 years worth of P/E ratio already built into them. MAkes no sense for the stocks to be this high. However people basically don't want to hold any cash since its value is dropping like a rock. Since the stock market is on highs, many people have started to put their money into crypto since there is no inflation to worry about and seems like a store of value.

Might be like this until the interest rates start to go up, look at the Dollar index and look how poorly its performing.
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November 19, 2020, 06:21:56 AM
 #8


It's not only very well but crypto has been bringing on the golden momentum again. The pandemic didn't make crypto to get its best performance. So many people were also trying to use crypto.
The demand of crypto was not only coming from the personality but big companies even some countries have been taking crypto in their main consideration.
CBDC will be also giving a good gateway for crypto to interacted with digital currency.
Saying the pandemic didn't make crypto to get it's best performance is wrong, the pandemic created an opportunity for Bitcoin investors at the time and many are too blind to see this, another thing is the pandemic confused many companies that crypto is better than stock market

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November 19, 2020, 06:33:36 AM
 #9

Crypto really did perform very well, more specifically btc just see the graph for the last decade it's already up for thousands percent far surpasses many of our expectation while other alts are holding well aswell amidst the pandemic.
I guess it's mainly because of pandemic forcing people to use internet more often they might come across or gets exposed to crypto. I would say that seeing the price trend for these last few years there's just no stopping for the whole crypto market to keep on rising and rising slowly. If the rumour going around about government creating their own stablecoin turns out to be true then be ready for the price rollercoaster.

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November 19, 2020, 06:37:48 AM
 #10

I can say yes, the cryptocurrency market really performed well this year.
My basis is the total market cap of cryptocurrency. The lowest market cap we experienced this year was around $150 Billion, I hope this will be the lowest for this year. And the highest is around $500 billion. I also believe that this pandemic may affect the market cap of crypto.

But we still need to be careful, the year 2020 still not finish, still a lot more to happen before the year ends.



yes you're right, the crypto market during this year was very good. maybe compared to previous years, the crypto market in 2020 has a very good performance. despite the pandemic, crypto proves that the industry is not having a bad impact. Compared to forex or stocks or even other investments, crypto is good enough to even compete with gold.

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November 19, 2020, 06:38:39 AM
 #11

As we all know we face so many circumstances in 2020,  that could have crashed bitcoin and alt coins market. Economy of many countries has down very fast. The covid-19 is still around. As this year is going to finish but i see many good changes in this time frame. In my opinion crypto performed very well is this time.

Regardless of pandemic, I think crypto are going to perform better this year. Bitcoin just had their halving, which base on historical past is the catalyst for an eventual bull run and that is what we are seeing right now.

And we all know that Bitcoin has a domino effect to alts as well, that's why it trickle and make the top 10 gain at least during the run to$18k. And then we have the Uniswap and the DeFi thingy for altcoin plus Ethereum2.0 so there are a lot of good news in 2020 despite the corona virus effect.

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November 19, 2020, 06:49:49 AM
 #12

There are thousands of crypto currency and a lot of coins performed tremendously well it is segmented based on the market capitalization, the mass adoption is going on higher mode also the sign of yet another boom is nearing as BTC is inch closer to break it's all time high. Crypto faced many consequences like COVID-19 etc still it overperformed and rocked.









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November 19, 2020, 07:11:46 AM
 #13

In my opinion crypto performed very well is this time.
It really does. Who can't ignore the performance of cryptocurrency market for this year? The timing is perfect although I'm afraid that the covid-19 situation has come and made things worst.
But acknowledging the cryptocurrencies performance for this year is exceptional. Not mentioning those altcoins that didn't do well but it's noticeable that it did well, there's one month left.

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abahcoin
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November 19, 2020, 07:11:59 AM
 #14

Yes, I think that during the Covid-19 pandemic, cryptocurrency underwent a big change because many projects were required to run online, so many projects used blockchain technology for their online needs. This causes a lot of money to flow into the cryptocurrency market and makes the price jump even more. I am very happy with the potential of the cryptocurrency market right now

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Malam90
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November 19, 2020, 07:22:39 AM
 #15

As we all know we face so many circumstances in 2020,  that could have crashed bitcoin and alt coins market. Economy of many countries has down very fast. The covid-19 is still around. As this year is going to finish but i see many good changes in this time frame. In my opinion crypto performed very well is this time.

When Covid 19 broke out all over world, crypto markets also went down drastically but within few weeks, it started to recover and still now it's performance is very satisfactory level to the investors. Crypto market cap has increased from $200B to now $495 which we can say as excellent growth. It has drawn attention of the world even in broken economy of the world.
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November 19, 2020, 07:24:03 AM
 #16

That is really true, crypto performed well this year even far from many people's expectations. When considering what we have passed through since this year, starting from Covid-19 which of course limited many countries economy but yet the crypto space stood strong thus showing that what lies within the crypto space is something that is of great value. It also shows that indeed, the cryptocurrencies have a place in future, this is seen in the aim of many countries to bring there own digital currencies, through this creating awareness of is obtainable in the crypto space and so on. Also, in this year, the crypto space has witnessed a good attention which is seen from PayPal seeking to offer crypto related services to its users; the list is endless.
However, we should be careful of those who would like to use this growth witnessed to hype their different projects or those who will start unnecessary predictions, in all let's be careful of our investments while also going for the best coins out there.

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Ridwan Fauzi
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November 19, 2020, 07:40:34 AM
 #17

Many people have considered that bitcoin is a good place to store their money rather than in another place (traditional investment) even it is gold. You can compare the gold price movement which is considered as a safe haven place, but bitcoin gives a big thing for those who choose it. Although now bitcoin price has met a slight correction but I think it will not continue.

I read a news today in this article, https://www.investing.com/news/cryptocurrency-news/why-bitcoin-price-just-flash-crashed-6-after-rejecting-at-185k-2351470 who stated although bitcoin price is decreasing but it will not longer, soon its price will recover again. The economic situation in alll countries have many people think a thousand time to make money and seem like they're choosing bitcoin and crypto currency to earn money.
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November 19, 2020, 08:01:11 AM
 #18

The period of the Covid-19 pandemic has passed, maybe only some countries are still busy with handling the virus, and some countries are affected by economic growth that is not so good, and at the end of 2020 many improvements in the country's economy are getting better and that also has an impact on growth developments in the price of bitcoin and other cryptocurrencies, and this is the result of our patience to see a surprise surprise for Bitcoin at the end of the year ...
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November 19, 2020, 08:20:49 AM
 #19

For now the crypto market looks really good and the situation is starting to improve, this is the first step I see in a covid-19 situation like this all the markets look really amazing, maybe this is the right time to trade, but if you want to buy and sell in trading you must choose a good Altcoin to trade, because if you choose the wrong Altcoin this will be very risky and suffer losses in the future.

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November 19, 2020, 08:23:05 AM
 #20

No doubt about that. This year started with a BANG with DeFi projects blasting off the market upward. More events contributed like ETH 2.0, Paypal, Halving, and so much more. This is probably one of the best year of cryptocurrency and I think this even defeat 2017 because everything was natural, no big HYIP hypes that ruined a lot of peoples lives (Remember that Bitconnect scam?), and natural adoption of famous companies. Truly a good year for us.
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