Coins Rally After covid what will be%?

Kelvinid

sr. member

Activity: 2828

Merit: 344

win lambo...

Quote from: Greatchu on April 21, 2020, 02:55:24 AM

Still all predictions that might never happened, many said same thing last year 2019 and see what happened at the year ending, Bitcoin is still struggling presently at 6800-7000k and I still doubt that the halving will bring positive result

That is why I'd never trust TA's, especially when trading.

We can't see what will happen next that is why we just keep predicting and we live to that matter for many years just because that is the only thing we can do to boost our courage. There is no harm about this it's either be right or wrong, but the most important is we know how to accept the reality and adopt the market change.

vella85

hero member

Activity: 1862

Merit: 590

We must all think more long term when it comes to holding Bitcoin and other cryptocurrencies as no one knows when this corona virus will end. I'm thinking that we may see a spike up either before or after the Bitcoin halving but it won't be like in late 2017 early 2018. However in the long term I do see most coins increase in price but we must all be patient.

Greatchu

member

Activity: 490

Merit: 10

Still all predictions that might never happened, many said same thing last year 2019 and see what happened at the year ending, Bitcoin is still struggling presently at 6800-7000k and I still doubt that the halving will bring positive result

Sanitough

hero member

Activity: 2856

Merit: 674

Quote from: Oasisman on April 20, 2020, 05:20:25 PM

Im afraid the best entry point was during the huge dump after the WHO declared the covid-19 as a global pandemic.

I think that way as well, because after that bitcoin has been stable and slowly recovered til it reached $7,000.
Now, bitcoin has dump below $7K but it's slowly going back up again, and I won't be surprise if bitcoin will rise over $7K again and again will fall.

it's been the trend and we can understand because the pandemic is still here, messing with people's lives and livelihood.

Oasisman

hero member

Activity: 2716

Merit: 552

Quote from: ?? on ??

Quote from: judaspriest on April 19, 2020, 12:51:40 PM

More opportunities to be profitable, if you look at the chart now. almost all altcoin prices experience rising wedge,
you can buy at the support price if you are still in doubt, or if breakout you can buy it. after covid19 ended i'm sure the price will recover again

You can set your orders if you are still at doubt better to bid and wait for possible dumped, since volatility is present from this market you have to assess and try to make a good entry position.
Alts have a momentum in each time Bitcoin rallied up, choose good coins better those who are inside top 10-20 from CMC.

Im afraid the best entry point was during the huge dump after the WHO declared the covid-19 as a global pandemic. Bitcoin and several alts suffer a huge loss over the last 48 hours. Though we can still find good entry point from the support level, but there are only a small percentage that the market would crash more than 15-20% again this time imo, since Bitcoin and other alts are showing good signs of gradual growth. Though it's hard to break the resistance level, but I have a feeling that we're breaking the level sooner.

FanEagle

legendary

Activity: 2884

Merit: 1117

Quote from: whyrqa on April 19, 2020, 06:21:15 AM

The fact is that the coronavirus pandemic is already very badly affecting the economic condition of each country and markets. And this is despite the fact that we have not yet reached the peak of the spread of the virus. Based on this, I think that any situation on the cryptocurrency market can be predicted, but initially you need to understand what extent of the harm the pandemic will cause.

That is the thing about resistances and supports that people are forgetting to use properly. When there is nothing huge, no hype, no major movements going on, it is very very difficult to break those and even if they do it will be short lived and only until a price, which means you are not going to get something huge out of it, yet at least you could make a small profit from it, at the same time if you are ready for the big huge hype increase you could make a big increase.

So, what you can do (using a trading bot would probably help a lot) put up orders for both supports and resistances, for example if it goes beyond resistance, buy it, yet sell it 2% before the next resistance, means you move money from one resistance to another and profit, or support where sell under the support yet buy before the next support, gain more bitcoins that way.

Quidat

hero member

Activity: 2688

Merit: 540

DGbet.fun - Crypto Sportsbook

Quote from: Bezobraznike on April 19, 2020, 10:51:15 PM

Quote from: link=topic=5236323.msg54258570#msg54258570 date=1587341158

I believe anything can happen to crypto, but to achieve 1000% ROI cannot be done in one night, even if there is, then be prepared to feel the pain of falling from a high place, success in crypto requires a fairly long process and not short.

Investing in crypto-currencies with hope to make 1000% ROI in short period of time is ridiculous, we all know that.
People who believe in fast and high ROI will probably invest money in some shady project and lose money. I agree
with you Inanilujimi big things don't happen over night, we need to be patient and wait for them to happen.
World is in a specific situation right now, things around us are happening for the first time. I think its better
to wait for this to end, to check what officials will do and than to make conclusions about what is waiting for us
in the near future.

Main problem on most people who do just recently invest on crypto on where they do have those kind of perceptions or hopes that they can
make themselves rich on crypto investment which is really a very wrong kind of mindset.We cant even know if there would be a rally after this
pandemic situation because we cant be sure if the confidence of investors would go back or would put money on crypto space after such pandemic
situation.I dont think too much on the rally even though we are heading on halving event.

Bezobraznike

sr. member

Activity: 1274

Merit: 261

★Bitvest.io★ Play Plinko or Invest!

Quote from: link=topic=5236323.msg54258570#msg54258570 date=1587341158

I believe anything can happen to crypto, but to achieve 1000% ROI cannot be done in one night, even if there is, then be prepared to feel the pain of falling from a high place, success in crypto requires a fairly long process and not short.

Investing in crypto-currencies with hope to make 1000% ROI in short period of time is ridiculous, we all know that.
People who believe in fast and high ROI will probably invest money in some shady project and lose money. I agree
with you Inanilujimi big things don't happen over night, we need to be patient and wait for them to happen.
World is in a specific situation right now, things around us are happening for the first time. I think its better
to wait for this to end, to check what officials will do and than to make conclusions about what is waiting for us
in the near future.

shoreno

full member

Activity: 1750

Merit: 118

Quote from: inanilujimi on April 19, 2020, 07:05:58 PM

I believe anything can happen to crypto, but to achieve 1000% ROI cannot be done in one night, even if there is, then be prepared to feel the pain of falling from a high place, success in crypto requires a fairly long process and not short.

roi means return of investment ? 1000 percent or full recovery is possible especially if you only bought at a not higher price . also depends if what kind of coins you pick because some coins are hard gainers while some can easily pump up in a short period of time . i also agree when you said prepare for a hard fall . usually the coin can dump really hard first before it will pump verry high , that is because when price dump people will buy more rapidly . we should be aware with those times so that panicking take place

inanilujimi

sr. member

Activity: 1876

Merit: 259

I believe anything can happen to crypto, but to achieve 1000% ROI cannot be done in one night, even if there is, then be prepared to feel the pain of falling from a high place, success in crypto requires a fairly long process and not short.

judaspriest

full member

Activity: 1330

Merit: 100

C O M B O

More opportunities to be profitable, if you look at the chart now. almost all altcoin prices experience rising wedge,
you can buy at the support price if you are still in doubt, or if breakout you can buy it. after covid19 ended i'm sure the price will recover again

Jating

hero member

Activity: 2842

Merit: 772

Let's be realistic here, in 6 months time? we will be happy if we see the price hitting $10k-$13k. So obviously, $100k is not doable because of the covid-19 pandemic. Where would be the money coming from, institutional money is already, retail investors? will be very difficult to see them putting money in crypto because of the current situation. I think even whales are getting thinner by the year or it could possibly be that they are also slowly slashing out their wallets and cashing it out. Everything still hangs because of what the OP is calling the 'black swan'.

whyrqa

full member

Activity: 1093

Merit: 103

Quote from: FanEagle on April 14, 2020, 12:08:29 PM

People could make predictions on some kind of different data they have, not saying they will be right, but if we do not make any predictions about the future of the prices we may never trade bitcoin at all, so we have to find some reason to buy bitcoin (for at least short and mid term, for long term just buy it because it will go up eventually is good enough reason).

However I am not entirely sure if corona is a good reason to make a prediction, we both don't know when it will end and we don't know if it will change anything in bitcoin. We saw how it crippled the economy for a while when it first started being important, but after a while governments helped and stocks and crypto went back up, so I am not sure if it has a really big affect on the price movements.

The fact is that the coronavirus pandemic is already very badly affecting the economic condition of each country and markets. And this is despite the fact that we have not yet reached the peak of the spread of the virus. Based on this, I think that any situation on the cryptocurrency market can be predicted, but initially you need to understand what extent of the harm the pandemic will cause.

FanEagle

legendary

Activity: 2884

Merit: 1117

People could make predictions on some kind of different data they have, not saying they will be right, but if we do not make any predictions about the future of the prices we may never trade bitcoin at all, so we have to find some reason to buy bitcoin (for at least short and mid term, for long term just buy it because it will go up eventually is good enough reason).

However I am not entirely sure if corona is a good reason to make a prediction, we both don't know when it will end and we don't know if it will change anything in bitcoin. We saw how it crippled the economy for a while when it first started being important, but after a while governments helped and stocks and crypto went back up, so I am not sure if it has a really big affect on the price movements.

Botnake

hero member

Activity: 2856

Merit: 667

Quote from: Eclipse26 on April 14, 2020, 03:51:23 AM

I would say, focusing at the present is a better thing to do in order to not make hasty decisions or jumping into conclusion. There are still existing problems being faced and that I think is enough in order to not be that futuristic because it will just lead to disappointments once expectations are not met.

I agree with that, we can't just expect that crypto will rise when the world is in crisis right now, we have to solve our problem first by helping our government abiding their rules so this virus will not hurt us.

Crypto will rise at a good time, we can invest anytime but if we have some extra money right now, we can still add but then there's no guarantee that it will rise, or maybe we could try to wait further, maybe bitcoin will dump again.

Eclipse26

sr. member

Activity: 658

Merit: 268

bullsvsbears.io

No one can determine what tomorrow could bring, same thing the the market price of cryptos. Some people here would say that at the end of the present year, the market price will go up, or things alike, but those are just expectations. Most of the expectations are other people's way of coping up with the stress from what we are seeing at this moment or to make it simple, they are forcing positivity out of the situation which is not a bad thing in the first place. But avoid being dependent with the majority's expectation because we are lacking assurance. An investor is free to do his thing but nothing is guaranteed.

I would say, focusing at the present is a better thing to do in order to not make hasty decisions or jumping into conclusion. There are still existing problems being faced and that I think is enough in order to not be that futuristic because it will just lead to disappointments once expectations are not met.

Smitty Werben Man Jensen

full member

Activity: 1568

Merit: 100

COMBONetwork

the situation is getting worse in the world, COVID19 has a large number of deaths and more than 100,000 infected worldwide,
we cannot predict what will happen after this, what is certain is that we focus and pray to the world to recover quickly,
I am also sure the market crypto and stocks after that will be recover

Botnake

hero member

Activity: 2856

Merit: 667

Quote from: Oasisman on April 13, 2020, 05:12:38 PM

Also, Bitcoin has been holding on to a certain region since a week ago now, maybe because there are people that still puts money in cryptocurrency since this would be the perfect time to buy.

These are the whales, I think they don't like to dump this price anymore as it already happen and all they want is just to sell it now for a profit, but the pandemic is really a real problem here, the market is not hype anymore though the halving is approaching.

Quote from: Oasisman on April 13, 2020, 05:12:38 PM

Therefore, maybe the selling and buying percentage is almost equal, and that explains why we are moving sideways these past few days.

It's just moving someways for now, sometimes it will pass through $7k and back below that price again.
What matters now is that the price is not so down.

Oasisman

hero member

Activity: 2716

Merit: 552

Quote from: Leviathan.007 on April 09, 2020, 05:32:07 AM

Not only me but there are many people waiting to see the rally after covid-19. But even during this period of the time if you compare the crypto market with other markets (not gold) you will understand that we have much better situation since the market is re-building rapidly.
I believe, soon after bitcoin's price stability we can start monitoring alt coins. But don't forget we do also we have the btc halving and this can rise the price much higher and it falls during the covid-19 however, don't expect toy seethe affect just a day after happening, this will take time.

Cryptocurrency isn't directly affected by the pandemic that's why It didn't fall like how the stocks obviously fall. But, as what we have all noticed, the marker is struggling to recover maybe because the people's initiative is to prefer some cash money to sustain the needs from the lockdown than to put their cash into any investment platform. Also, Bitcoin has been holding on to a certain region since a week ago now, maybe because there are people that still puts money in cryptocurrency since this would be the perfect time to buy. Therefore, maybe the selling and buying percentage is almost equal, and that explains why we are moving sideways these past few days.

stomachgrowls

hero member

Activity: 3010

Merit: 794

Quote from: Leviathan.007 on April 09, 2020, 05:32:07 AM

Not only me but there are many people waiting to see the rally after covid-19. But even during this period of the time if you compare the crypto market with other markets (not gold) you will understand that we have much better situation since the market is re-building rapidly.
I believe, soon after bitcoin's price stability we can start monitoring alt coins. But don't forget we do also we have the btc halving and this can rise the price much higher and it falls during the covid-19 however, don't expect toy seethe affect just a day after happening, this will take time.

For a certain investor, you would really have that kind of hopes because majority been thinking that covid is the main reason why we do experience such decline.It might not be a precise thing but
the nearest possible reason why we do experience such decline of prices.Its just part of human mindset that after a crisis there would be significant turn of events
thats why these kind of hopes arent something new but we should always consider that not all hopes would meant to happen.

Quote from: ene1980 on April 09, 2020, 09:44:12 AM

Quote from: pooya87 on April 06, 2020, 01:37:22 AM

there are a lot of other things that are taking a lot more lives than Covid-19. for instance car accidents are killing or disabling about 50 million people each year or about 10 million people die from cancer every year. if you start putting your life on pause just because some pandemic is spreading, you have to keep your life on pause all your life!

There is a big difference between an accident and diseases due to life style and genetics, the reason the world health organization phrases it as a pandemic is because anyone could get infected and it could be spread through human to human interaction and the only way to stop the spread is to identify the patients and treat them, you need to pause if there is a situation like this other than that there is no way you could stop this infecting others.

I agree on what ene1980 do say when differentiating among the two.Setting it aside, the most important thing now is to make the vaccine asap.This wont stop
until the vaccine comes out.

Topic: Coins Rally After covid what will be%? (Read 768 times)