Topic: Crypto is not in healthy state yet (Read 705 times)
for me this is not very influential for the development of crypto. because if we look at the price that occurred in the previous few days the price is still mediocre. but who knows about the next 2 to 3 weeks ??
Indeed COVID-19 greatly impacts both fiat and cryptocurrencies. moreover, COVID-19 continues to plague almost everywhere in the world where many companies stop their activities, and also many crypto projects are canceled or postponed. hopefully, COVID-19 will end soon and the crypto will return to normal health and be normal.
More than half of the 2020 crypto conferences were either canceled or postponed due to the COVID-19 outbreak, while mining manufacturers had to stop the equipment production in China, how good is this for crypto?
This caused the market to collapse and not to grow as expected. Many events have been canceled, many projects have failed to start IEO. Perhaps we need to wait the next 1-2 years to be able to see everything as it was before
Of course, this will have both good and bad consequences if, due to this pandemic the price is reduced, then there is a good opportunity to buy it, because the price is reduced.but, of course, progress in the development of crypto will be delayed not only because of this pandemic, even in all areas there has been a decline.
Not only crypto currency, the world is not yet in an healthy state.
You can equally do it right with crypto currency trading if you follow the right pattern; always do your own research, always stay patient and remember that you need a strategy to trade well
You need a working strategy that based from your knowledge, crypto is another place to do your trades and if you have good understanding you'll be able to gained profits. Everything is depending to how you anticipate and observe the market, because any situations inside can still be profitable if you know how to place your entry and exit investment. You can equally do it right with crypto currency trading if you follow the right pattern; always do your own research, always stay patient and remember that you need a strategy to trade well
Cryptocurrency market is still in a suppressed state. People are not realizing it, because the prices are moving upward for the last few weeks. They are not looking in to the bigger picture. We need to remember that only a few days remain for the next block reward halving. And we are nowhere near the ATH that was reached in 2017. On the other hand, we are more than 50% down, when compared to the ATH levels.
this is called cryptocurrency price movement which has random price movements and is often referred to as unhealthy cryptocurrency prices because it is full of price manipulation, what needs to be done when conditions like this are just follow the plot and don't fight because when fighting it will only make we lose. 
Not only crypto currency, the world is not yet in an healthy state.
You can equally do it right with crypto currency trading if you follow the right pattern; always do your own research, always stay patient and remember that you need a strategy to trade well
You can equally do it right with crypto currency trading if you follow the right pattern; always do your own research, always stay patient and remember that you need a strategy to trade well
Compared to the world or the stocks, crypto is healthier this time, with its growth in the past few days, people are thinking that the bull run is already coming, thanks to the halving effect, people seem to forget what we are going through now and they are bullish with bitcoin.
Not only crypto currency, the world is not yet in an healthy state.
You can equally do it right with crypto currency trading if you follow the right pattern; always do your own research, always stay patient and remember that you need a strategy to trade well
You can equally do it right with crypto currency trading if you follow the right pattern; always do your own research, always stay patient and remember that you need a strategy to trade well
Not very good but the crypto sector is the least affect by this pandemic. Mining only required electric and some technical to maintain and check up the mining system. Interaction in crypto is easily moving to online communication and online work, a thing that is already normal among many cryptos. Point is, it's not a huge set back for crypto like many people believe.
Cryptocurrency market is still in a suppressed state. People are not realizing it, because the prices are moving upward for the last few weeks. They are not looking in to the bigger picture. We need to remember that only a few days remain for the next block reward halving. And we are nowhere near the ATH that was reached in 2017. On the other hand, we are more than 50% down, when compared to the ATH levels.
More than half of the 2020 crypto conferences were either canceled or postponed due to the COVID-19 outbreak, while mining manufacturers had to stop the equipment production in China, how good is this for crypto?
You are wrong, the mining manufacturing company have resumed production, and today Cov-19 cases are getting lower, it might take long but solution will definitely come, things are better than February now, there is still hope let pal don't lose hope 
More than half of the 2020 crypto conferences were either canceled or postponed due to the COVID-19 outbreak, while mining manufacturers had to stop the equipment production in China, how good is this for crypto?
These are desperate times and certain measures needs to be taken to ensure life is protected at all costs, in respect to that I believe the participants who are meant to be in that conference will understand, I even see it that they will be happy. For manufacturers, it will be a hard time but the best option had to be taken; therefore in general it affected crypto badly because there was a huge dump in the market. But recently things are returning gradually both in the crypto space and in certain countries who are relaxing their lockdown, thus crypto is regaining its healthy state once again.
More than half of the 2020 crypto conferences were either canceled or postponed due to the COVID-19 outbreak, while mining manufacturers had to stop the equipment production in China, how good is this for crypto?
You wrong about your information mining production equipment price already down while halving is coming. This is an extra care of miners users. I think crypto is in healthy condition, because from when I understand this market. Don't think about the time of 2018, check only last 1.5 years. 
If there is anything good about this epidemic and lockdown, it is that online businesses are now having more attention than they used to have before. Crypto currencies is also an online business. What I see suffering here are offline businesses, the shop and office contact kind of businesses and many of their staff are already losing their jobs with this lockdown. Crypto is having new attention now.
indeed with an outbreak like this will give cryptocurrency conditions to be worse because these conditions attack the world economy because of the influence of the lockdown which in my opinion is very fatal, this outbreak must disappear first from the world then after that economic conditions will gradually recover.
If only mining equipment manufacturers can move their production online or produce remotely from home, but no, they can't and that is the reason they are taking much of the hit in crypto space. Generally, crypto is getting more attention now than ever, though it hasn't translate into substantial price surge. Most people now spend more time than regular online due to the effects of the pandemic and at a point, crypto, digital currency and the likes will be presented as swift alternative. 2020 might not be the year we are waiting for, but it won't be a bad year as well.
If there is anything good about this epidemic and lockdown, it is that online businesses are now having more attention than they used to have before. Crypto currencies is also an online business. What I see suffering here are offline businesses, the shop and office contact kind of businesses and many of their staff are already losing their jobs with this lockdown. Crypto is having new attention now.
Good a thing they were cancelled for the betterment and well-being of all, also the manufacturers shutting down can't be blamed. Coming to the crypto space, it's quite true it is not in a good state but at the same time, same can be said of the world economy and markets as well. Many countries economy is feeling the impact as things aren't moving at all, because first thing first and that is, saving lives. In the same way, one thing I have come to understand is, irrespective of the nature of the world now, people are adjusting and still getting associated with the crypto space amidst the ups and downs.
There is no doub that the effect of the pandemic is so heavy on crypto world. Many projects was forced to stops while many existing projects also experience decline as a result of lockdown.
There is some impact on cryptocurrencies due to the COVID-19 pandemic situation. But this is not too much extent and tat to is affecting a few new projects. Even awareness about cryptocurrencies has been increased among new investors so far due to the pandemic situation. Once this situation will over, we will see more glory in the crypto market. And upcoming bitcoin halving even we can not forget.
It's not good for crypto. But there have no options. At this moment people stay home and they have no job. So they choose online job. But some people selling their assets to cover the daily expenses. So it's negatively effect in cryptocurrency Market.
Jump to: