Pages:
Author

Topic: COVID19 and Its effect on Bitcoin & Altcoin Price? Your Thoughts ! - page 3. (Read 1306 times)

member
Activity: 406
Merit: 11
During the COVID-19 pandemic, the crypto market was very unstable, perhaps because of the current economic crisis in various parts of the world, so that by 2020 it was a difficult time for cryptocurrency to shine.
full member
Activity: 868
Merit: 151
COVID-19 led to all sectors of the economy deteriorated they normally rely on their work at this time they can not work as usual, and they must think to earn money online in a way they must have been looking for information about bitcoin on the internet and they want to invest in bitcoin it makes bitcoin slowly rise. I think for altcoin ethereum always better for the long-term investment.

ETH will lead the way in altcoins and some other coins would also be the good pick at this point of time. Bitcoin will always be the king for the coming years and whenever there is a good correction happening in any of their coins, we should be ideally be buying them and make profits on the highs. This is good strategy that works as well.
sr. member
Activity: 1078
Merit: 250
http://unidapp.app
Now Covid -19 is almost under control the prices of cryptocurrencies are also slowly recovering.
Even when covid was not under control and the price of crypto has already recovered and it has already started since last month. it looks like you didn't aware about that, right? I can say covid has not impact to the crypto because crypto can be done through the use the online payment system.
The crypto market does not have a lot of influence on the economy, and generally only 1% of the population is aware of its existence. In the future, this market will be a place to attract many new investors, and you should consider investing if possible. However, I hope this year there will be a vaccine soon because if the vaccine is available, the whole economy will recover soon and everyone can easily make a profit.
sr. member
Activity: 1498
Merit: 251
KUWA.ai
Now Covid -19 is almost under control the prices of cryptocurrencies are also slowly recovering.
Even when covid was not under control and the price of crypto has already recovered and it has already started since last month. it looks like you didn't aware about that, right? I can say covid has not impact to the crypto because crypto can be done through the use the online payment system.
legendary
Activity: 3108
Merit: 1029
Now Covid -19 is almost under control the prices of cryptocurrencies are also slowly recovering.
Covid19 is not under control but humanity is now changing its mindset that they rather live with it than to lockdown.
That doesn't make sense to see covir is under control of the humanity. The covir virus gives a huge impact to the crypto. People that must work from home have tried to join in the crypto too. That makes there are so many new demands that comes for crypto. Those who are getting lockdown stick to the crypto.
hero member
Activity: 2814
Merit: 576
one month ago, i'm reading about the news when lockdown time about people in some country are visiting and start investing in cryptocoin because Covid19 facing the problem of the economic crisis they're trying invest in crypto than hold FIAT

That's true. my friends have already started to trade crypto to get another source to keep their daily life.

afaik there was a lot of newcomers have been asked about various basic question related to the crypto especially for the trade. i guess the demand is increasing caused by the pandemic.
Good to hear that.
At least, they have a new option to make money from crypto trading. But you should remain them to learn more about trading so they can improve the skills that will help them to analyze the market.
I think after the pandemic is ended, we will see many people will try to search for the jobs or work from home because they can not search for a new job in real life.
At that time, maybe many people will try to do crypto trading because the chance to make money will be bigger.
If that really happens, the cryptocurrency will grow fast.
This pandemic may have brought negative impact to almost all countries but this also opens to the people about the crypto world. People now are already into online jobs that can give them sources of income and crypto trading is one of them. While fiat is greatly affected with the ongoing pandemic, bitcoin on the other hand has made a significant surge maybe because of bitcoin halving and that new investors are entering the market now. Altcoins are still in a dump but potential altcoins are also making a good price increase at the moment.
jr. member
Activity: 90
Merit: 1
Now Covid -19 is almost under control the prices of cryptocurrencies are also slowly recovering.
Covid19 is not under control but humanity is now changing its mindset that they rather live with it than to lockdown.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
one month ago, i'm reading about the news when lockdown time about people in some country are visiting and start investing in cryptocoin because Covid19 facing the problem of the economic crisis they're trying invest in crypto than hold FIAT

That's true. my friends have already started to trade crypto to get another source to keep their daily life.

afaik there was a lot of newcomers have been asked about various basic question related to the crypto especially for the trade. i guess the demand is increasing caused by the pandemic.

Also IMO the reason bitcoin is still up there is because people are feeling that digital currency has come to stay. People are investing in bitcoin lately more than it was the case earlier. The fear of losing money by investors is beginning to go away and so, little monies are reserved for btc investment. Halving also is contributing to this as it has gradually limited the availability of bitcoin technically.


When we say people that means a lot of people, I think major holders of bitcoins are whales, we haven't achieved a good adoption rate yet, so the price can easily be manipulated in case the whales will do it. As you can see, bitcoin is quite stable but any time it could significantly move, either it will pump or dump, so we have to be always ready for that.

I am just happy to see that majority of investors are wrong because bitcoin did not follow the expectation since it rises even if there's an economic crisis.
jr. member
Activity: 114
Merit: 1
Now Covid -19 is almost under control the prices of cryptocurrencies are also slowly recovering.
hero member
Activity: 2660
Merit: 630
Vave.com - Crypto Casino
one month ago, i'm reading about the news when lockdown time about people in some country are visiting and start investing in cryptocoin because Covid19 facing the problem of the economic crisis they're trying invest in crypto than hold FIAT

That's true. my friends have already started to trade crypto to get another source to keep their daily life.

afaik there was a lot of newcomers have been asked about various basic question related to the crypto especially for the trade. i guess the demand is increasing caused by the pandemic.

Also IMO the reason bitcoin is still up there is because people are feeling that digital currency has come to stay. People are investing in bitcoin lately more than it was the case earlier. The fear of losing money by investors is beginning to go away and so, little monies are reserved for btc investment. Halving also is contributing to this as it has gradually limited the availability of bitcoin technically.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
one month ago, i'm reading about the news when lockdown time about people in some country are visiting and start investing in cryptocoin because Covid19 facing the problem of the economic crisis they're trying invest in crypto than hold FIAT

That's true. my friends have already started to trade crypto to get another source to keep their daily life.

afaik there was a lot of newcomers have been asked about various basic question related to the crypto especially for the trade. i guess the demand is increasing caused by the pandemic.
Good to hear that.
At least, they have a new option to make money from crypto trading. But you should remain them to learn more about trading so they can improve the skills that will help them to analyze the market.
I think after the pandemic is ended, we will see many people will try to search for the jobs or work from home because they can not search for a new job in real life.
At that time, maybe many people will try to do crypto trading because the chance to make money will be bigger.
If that really happens, the cryptocurrency will grow fast.
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
one month ago, i'm reading about the news when lockdown time about people in some country are visiting and start investing in cryptocoin because Covid19 facing the problem of the economic crisis they're trying invest in crypto than hold FIAT

That's true. my friends have already started to trade crypto to get another source to keep their daily life.

afaik there was a lot of newcomers have been asked about various basic question related to the crypto especially for the trade. i guess the demand is increasing caused by the pandemic.
sr. member
Activity: 1344
Merit: 250
COVID-19 led to all sectors of the economy deteriorated they normally rely on their work at this time they can not work as usual, and they must think to earn money online in a way they must have been looking for information about bitcoin on the internet and they want to invest in bitcoin it makes bitcoin slowly rise. I think for altcoin ethereum always better for the long-term investment.
full member
Activity: 402
Merit: 101
one month ago, i'm reading about the news when lockdown time about people in some country are visiting and start investing in cryptocoin because Covid19 facing the problem of the economic crisis they're trying invest in crypto than hold FIAT
full member
Activity: 770
Merit: 100
Oikos.cash | Decentralized Finance on Tron
The price of bitcoin has been fluctuating ever since the pandemic started. I so much believe that, the pandemic is just a level ground for the price of bitcoin to skyrocket. Hopefully, if bitcoin skyrocket, altcoin will join the train also. Let's be hopeful for a better day ahead
I think that old altcoins will never return to their previous ATH. they have already become too unnecessary and there are already a lot of new more interesting projects on the market that will take the place of old projects during the bullish growth of bitcoin
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
My point of view considering the recent hype of bitcoin is that there is huge uncertainty in the world right now and people trying to save their money by investing in things that won't loose their value( gold , platinum , crypto's) because of the financial crisis that landed on every Country in the past 3 months.

 
Indeed people are just afraid of losing their money, no doubt they are looking for any way to save their own money. That is why we can just see a lot of new members, most of them see crypto-world away as saving their money. But it is no exaggeration to say that, it is really the best way to use this world. no highly but BTC has survived from corona, we are waiting just for price increasing, BTC is around 10k and it will be better till the end of the month, or maybe it can take a bit long time. No doubt if BTC starts pump, the altcoin will follow it.
The effectiveness of crypto assets paid when Corona hits the entire world, online market who accepts crypto indeed perform well and from that point of views there are people who consider this industry asa good venue for investment, diverting their assets to this market and use spare or save money in return of good value afterwards.
Once Bitcoin experience huge pump Alts that have good value will go along and start to follow what Bitcoin will be heading.
jr. member
Activity: 257
Merit: 3
We know that Corona Virus has very effected for all over the World. It has effected both, online and offline business. All type business and work has stopped for this Virus. And also It's effected on Crypto Currency Market.   
hero member
Activity: 1470
Merit: 521
No more Rekt and Bust
My point of view considering the recent hype of bitcoin is that there is huge uncertainty in the world right now and people trying to save their money by investing in things that won't loose their value( gold , platinum , crypto's) because of the financial crisis that landed on every Country in the past 3 months.

 
Indeed people are just afraid of losing their money, no doubt they are looking for any way to save their own money. That is why we can just see a lot of new members, most of them see crypto-world away as saving their money. But it is no exaggeration to say that, it is really the best way to use this world. no highly but BTC has survived from corona, we are waiting just for price increasing, BTC is around 10k and it will be better till the end of the month, or maybe it can take a bit long time. No doubt if BTC starts pump, the altcoin will follow it.
newbie
Activity: 3
Merit: 0
My point of view considering the recent hype of bitcoin is that there is huge uncertainty in the world right now and people trying to save their money by investing in things that won't loose their value( gold , platinum , crypto's) because of the financial crisis that landed on every Country in the past 3 months.

 
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
I think that is not so fast because ethereum needs to follow behind bitcoin. If bitcoin price can fast recovery, then I think ethereum will be the same but it might not as fast as bitcoin movement. We hope that this pandemic can bring some positive impact to the crypto, so we will see more people will join with the crypto world. If that happens, we will see new adopters from many countries.
I think Covid-19 is an opportunity for people to think about their investment options, and if they bought it at a cheap price a few months ago, they should consider holding more because the market is still very potent. I am sure the investment demand after Covid-19 will increase very high, and people will easily earn a profit. Of course, careful consideration is needed as the market's downtrend may occur at any time and is difficult to predict.

They can use the opportunity after they prepare for their daily needs so they can know how much money they have to be used for investment. If they can invest from a long time ago before the Covid-19, then that would be good for them because they don't have to worry for the up and down of the price now. Maybe we will see the increase in the price in the next months so if they already have bitcoin, and they only need to wait for the time to come.

How i wish that in the next months another great movement will happen mate because we have been waiting for almost a year now since the last good pump last year 3rd quarter.

The price of bitcoin has been fluctuating ever since the pandemic started. I so much believe that, the pandemic is just a level ground for the price of bitcoin to skyrocket. Hopefully, if bitcoin skyrocket, altcoin will join the train also. Let's be hopeful for a better day ahead

Nope,this Pandemic starts last year of december yet we had a good start this year,but when the spread happens thats when the price of bitcoin falls low.

altcoin is near the top after Bitcoin comes Bull again,maybe before this year end.
Pages:
Jump to: