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Topic: Advice to everyone today - page 4. (Read 1313 times)

jr. member
Activity: 510
Merit: 2
May 03, 2020, 12:34:05 PM
I agree with you but the problem is that not everyone can use crypto and not all goods  can be purchase by the use of fiat.
member
Activity: 221
Merit: 10
May 03, 2020, 12:21:20 PM
Over the past century, the current conditions have never been as bad. The way China has dealt with this situation is certainly praiseworthy. They got it just for their efforts. If we do not take care of this blockchain coin market, the scammers will destroy the platform. So let's come forward to protect our platform of love.
full member
Activity: 1274
Merit: 100
May 02, 2020, 02:48:13 AM
This is good advice but at the moment if we have crypto in our wallets we still depend on banks as for exchange we need bank support online and offline too. When all banks will accept Bitcoin as digital currency then we will empower. This is my opinions maybe I am wrong.
hero member
Activity: 1442
Merit: 510
May 01, 2020, 11:12:22 PM
The pandemic around the world is affecting every aspect of life especially the Economic situation of the world. Though buying cryptocurrency is good now, but nobody knows yet what will be the outcome yet. Alot of business are closing down

Absolutely! Buying crypto is a good idea at this moment, but not the proper solution, no one knows what is gonna the outcome of it. Because the market can crash like 2018 again, because if the financial crisis happens like 2008, then it will affect on Bitcoin and other cryptocurrencies too! For the long term, buying crypto would be great though!
Precisely if crisis occurs, many believe that Bitcoin is one solution. Many predict that if the global economic crisis occurs again, then fiat money like Dollar et al will collapse. Then that's an opportunity for Bitcoin to go on stage to provide a solution.
sr. member
Activity: 1330
Merit: 256
May 01, 2020, 11:07:52 PM
Easy when bank stop for withdrawing fund we can withdraw now and hold in my pocket, I think will not possibility for bank to stop our fund and withdraw how much we want because bank have proffessional system in their working, impossible bank can stop and not give allowed for withdraw our money.
legendary
Activity: 1750
Merit: 1329
Top Crypto Casino
May 01, 2020, 11:05:37 PM
@OP I think that your problem recently experience is just the issue on the banks that's why you have problem regarding with your funds, for me it is better to use banks and cryptocurrency because in banks you will know that your funds in fiat currency are safe and in cryptocurrency the same with the fiat but the difference is it is a digital currency which is you can earn more profit with the market volatility many people today are already adopting the use of the bitcoin because they know the potential of this coin to make more income. Also, there is a virus spreading rapidly which is can be attached to the physical money so it is better if we kindly adopt the use of the crypto for nowadays.
member
Activity: 756
Merit: 13
DIFX - Digital Finacial Exchange
May 01, 2020, 02:23:20 PM
Yes and that last recession perhaps resulted in the birth of bitcoin and cryptocurrencies so as these alternatives or hedge to traditional financial markets and banking are available now in shape of coins, i am sure wise people will take this opportunity to make the most out of these while confused people are going to keep their eyes close just like a pigeon does when the predator cat is around.
hero member
Activity: 938
Merit: 500
https://youengine.io/
May 01, 2020, 01:42:03 PM
The pandemic around the world is affecting every aspect of life especially the Economic situation of the world. Though buying cryptocurrency is good now, but nobody knows yet what will be the outcome yet. Alot of business are closing down

Absolutely! Buying crypto is a good idea at this moment, but not the proper solution, no one knows what is gonna the outcome of it. Because the market can crash like 2018 again, because if the financial crisis happens like 2008, then it will affect on Bitcoin and other cryptocurrencies too! For the long term, buying crypto would be great though!
It will not be so easy to crash the cryptocurrency market because you need to continue to sell a lot of Bitcoin. Now, large players will not go to a very large sale of Bitcoin.
full member
Activity: 406
Merit: 104
Convert Crypto at BestChange
May 01, 2020, 12:53:18 PM
The pandemic around the world is affecting every aspect of life especially the Economic situation of the world. Though buying cryptocurrency is good now, but nobody knows yet what will be the outcome yet. Alot of business are closing down

Absolutely! Buying crypto is a good idea at this moment, but not the proper solution, no one knows what is gonna the outcome of it. Because the market can crash like 2018 again, because if the financial crisis happens like 2008, then it will affect on Bitcoin and other cryptocurrencies too! For the long term, buying crypto would be great though!
sr. member
Activity: 1270
Merit: 254
Oikos.cash | Decentralized Finance on Tron
May 01, 2020, 12:24:19 PM
If in this crisis the same thing happens, then how can we feel or enjoy the benefits of crypto, because when we want to use the benefits obtained from crypto at least we will still go through the bank first to convert crypto to fiat. So in this crisis I don't think that will happen because even virtual businesses are becoming very popular right now which requires that virtual or digital fund withdrawals will still occur in a time of crisis like this.
It’s really difficult to feel the advantage of cryptocurrencies right now, but you need to remember that those who believe in this market are enthusiasts. We believe that in the future we will be able to do everything without banks. but even now it’s easier and cheaper to transfer cryptocurrency than regular money
jr. member
Activity: 586
Merit: 1
May 01, 2020, 12:16:58 PM
The continuous spread of the virus is making the market dump and expected that many will lose their confidence in crypto, Alot of economies of the world have been affected and nobody knows when all will be settled.
It will really be nice if people buys cryptocurrency in this dip period and perhaps many people will be willing to sell, but the bottom line is after the pandemic, how long will it take the market to recover if it will or are we seeing more dip. All is risk, but chances can still be taken.
sr. member
Activity: 1246
Merit: 254
Trphy.io
May 01, 2020, 11:58:39 AM
The situation is still under control and I believe it will not be as bad as it was in 2008.
It seems like you are too hasty when writing something and I hope you just want to say it is 2018 not 2008. As we know, bitcoin was first launched on January 3, 2009 and I assume that the first bitcoin market was launched after bitcoin was released to the public. As Davian144 said, you should immediately edit your writing so that it does not mislead the crowd or your post will be considered spam and deleted immediately by the moderator.

2008 Huh, isn't that too far, because bitcoin was born on 3 January 2009 by Satoshi Nakamoto
Maybe you who don't know the news in 2008 happened crisis? Please search on Google how the crisis in 2008 occurred.  Many predict that the current situation will be worse than 2008 crisis. One of the main factors is Corona virus pandemic.
jr. member
Activity: 32
Merit: 2
May 01, 2020, 11:53:59 AM
The pandemic around the world is affecting every aspect of life especially the Economic situation of the world. Though buying cryptocurrency is good now, but nobody knows yet what will be the outcome yet. Alot of business are closing down
sr. member
Activity: 1680
Merit: 263
May 01, 2020, 11:47:32 AM
If this pandemic is getting worse then definitely we may face financial crisis again and I don't think if it is good idea to buy crypto because it can affect also in the market, it may down again if people panicking again. We should cooperate and we should listen to the government, let's stay in the house while the world is healing. Hope this pandemic will not get worse.
yes, the pandemic is still a big problem especially for the global financial sector. as we have seen several countries affected by the corona outbreak experienced an economic crisis and many people lost their jobs. On one hand the corona outbreak also affected the crypto market situation, but I believe if the corona could be resolved the crypto would recover soon. btw I see that at this time the market is slowly starting to improve, especially on the price of Bitcoin moving significantly upwards.
sr. member
Activity: 644
Merit: 260
May 01, 2020, 11:45:24 AM
Now the Coin Market is starting to get a lot of headwind though BTC has not been able to make a very good position. We need to look at future generation by buying more tokens or shares to make more profit.

When you mentioned BTC has not been able to make a very good position, are you talking about its impact in real world or ? Also buying coins to hold for future profit comes with risk, hence risk management is very important when it comes to this. OP mentioned we should buy more crypto since banks have their flaws, not mentioning the implications if it goes south. I'm very optimistic that crypto has a bright future, but we have to be careful which coins we choose to hold long term.
member
Activity: 145
Merit: 10
May 01, 2020, 11:29:53 AM
Now the Coin Market is starting to get a lot of headwind though BTC has not been able to make a very good position. We need to look at future generation by buying more tokens or shares to make more profit.
member
Activity: 160
Merit: 10
April 29, 2020, 11:54:45 AM
The time is now very hard. The normal situation is simply becoming abnormal. In the moment, the accumulated wealth or money is disappearing. The nation and nation will be at a great disadvantage. It is not too late to start the famine because of the recent virus being discovered and pandemic spread worldwide. If this crisis hits on any country's economy we're still in deep shit with crypto / with fiat no way out . So I would prefer lean towards blockchain trading line .
sr. member
Activity: 2828
Merit: 344
win lambo...
March 29, 2020, 09:01:48 AM
If this pandemic is getting worse then definitely we may face financial crisis again and I don't think if it is good idea to buy crypto because it can affect also in the market, it may down again if people panicking again. We should cooperate and we should listen to the government, let's stay in the house while the world is healing. Hope this pandemic will not get worse.
The continuous spread of the virus will make the market dump and expected that many will lose their confidence of holding.
Yet, the market seems to be disturbing but in the other way, it gives us a chance to buy more bitcoin or any potential altcoins. Investors will gladly be happy seeing the declines, they're waiting for this event and can't deny that many people will be selling their coins at a low price bringing the price to drops more.

This surely has its ends and it could be cut short if we all been following the government or from the health organization.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
March 29, 2020, 08:42:59 AM
If this pandemic is getting worse then definitely we may face financial crisis again and I don't think if it is good idea to buy crypto because it can affect also in the market, it may down again if people panicking again. We should cooperate and we should listen to the government, let's stay in the house while the world is healing. Hope this pandemic will not get worse.
indeed to save the world economy, we must be able to cut the development of the virus first. many countries do not choose the lockdown path, and only encourage people not to leave the house, and it turns out this method is less effective. every day there are new patients, and therefore needed awareness of every community to comply with the advice of the government


Here in our country we are on community quarantine but still, the people are going outside and just doing what they want. All transportation vehicle are ban right now and other establishment and businesses. Yes, we are on community quarantine or lock down but still, the cases are increasing everyday and the people didn't care about the virus. Lot of poor people are going hungry here, and the virus is spreading.

It will become a huge damage to our country's economy, so the best choice here is to Buy crypto and as much as possible is withdrawing money from banks considering that, OP's prediction might happen.
sr. member
Activity: 2030
Merit: 323
March 29, 2020, 08:27:22 AM
Remember the financial crisis in 2008 when banks stopped customers from withdrawing funds? Then drip feeding tiny amounts to customers via ATMs. This is going to happen again, this time it will be worse.

Take your financial freedom in your own hands, Buy crypto today
Yes this is right time for people to start taking total control over their money and having savings on Bitcoin.

I know that some will be scared due to the volatile nature of Bitcoin, in this case such people should as well consider other cryptocurrencies that are less volatile or the stable coins like USDT, Pax, TUSD or any other type of payment that gives them total control and freedom over their money than leaving it in the hands of the government.

People really has to be very careful of situations like this. Even before now I have been doing that to be in complete control of my money and not hear stories that touch.
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