Do not be fooled - page 11. | Bitcointalksearch.org

irixo10

full member

Activity: 1078

Merit: 104

GoMeat - Digitalizing Meat Stores - ICO

Quote from: Kvalentine on March 16, 2020, 04:56:45 AM

Coronavirus is the reason why market is in very bad shape, it will be very stupid to exit because of this while others are making good choice presently, many are already saying it's the end for crypto but the fact is Bitcoin died several times in the past and it's still alive today, do not be fooled by those who don't understand the technology

Even without being told, one is meant to know as the signs is everywhere. This deadly virus has brought the world to its feet and thus the crypto space isn't left out. Also, it will be unwise to exit because of this situation on ground as it is not even better anywhere. So I think it would be wise to stick around, hold your trusted coins and also hold fiat as well since there is no mass adoption yet.

Pamadar

legendary

Activity: 2982

Merit: 1028

Quote from: SistaFista on March 29, 2020, 10:20:10 AM

I don't want to exit from crypto because i think the market will come back to normal again.
It has happened many times that bitcoin and crypto price was falling and then come back rising.
Lets just wait and see, the new all time high in cryptocurrency market price may near.

It might take another months or years since we are still experiencing concern problem with this pandemic virus and people still panicking on how they'll be working with their investment. Though it's tough to tell whether the market will rise high or it will continue plunging down make sure to always assess to yourself if you are truly believing with positions that you are taking side with.

SistaFista

sr. member

Activity: 1638

Merit: 251

Hexhash.xyz

I don't want to exit from crypto because i think the market will come back to normal again.
It has happened many times that bitcoin and crypto price was falling and then come back rising.
Lets just wait and see, the new all time high in cryptocurrency market price may near.

FanEagle

legendary

Activity: 2884

Merit: 1117

There is a difference between people who sell their stocks because they are afraid that it will go down a lot more, and people who sell it because they need the money. Same goes with crypto. If you sell because you think the price will continue to go down and you want to get out before it reaches the bottom and buy at the bottom, that is a wrong thing to sell bitcoin for and I would suggest otherwise.

However, if you sell because you want to be in cash for when you will need to buy stuff and so forth, that is actually quite a good reason to sell bitcoin and frankly the correct use of buying bitcoin as well because you should buy bitcoins on good days just in case for bad days like this so you could get a decent return and safe keep your assets and use them later on bad days like this.

Maturnuwun

member

Activity: 92

Merit: 10

A silly reason if someone leaves crypto just because of the VirusCorona problem! but if someone knows before the corona virus appears there are even more frightening things like swine flu in 2008 and in fact can be cured and world activities are back to normal again.

rezakurnia66

full member

Activity: 644

Merit: 100

News that the end of the crypto I can not believe. I have been several years in the digital currency industry. From 2018 slowly the price of cryptocurrency dropped. However, Bitcoin is able to survive and even the coin price has increased. Many people choose crypto for a place to invest because of its high price to pump (especially Bitcoin).

Even with the spread of Corona viruses that negatively impacts the crypto industry. Bitcoin suffered a sharp decline but Bitcoin was back pumping in just a few days after the decline. I think the public interest in the crypto industry is still very large.

Teinkle

newbie

Activity: 19

Merit: 0

Thank for the advice, but there's always a big opportunity on every down market situation like this what's happening now.

TheClownSong

sr. member

Activity: 1428

Merit: 251

Quote from: Kvalentine on March 16, 2020, 04:56:45 AM

Coronavirus is the reason why market is in very bad shape, it will be very stupid to exit because of this while others are making good choice presently, many are already saying it's the end for crypto but the fact is Bitcoin died several times in the past and it's still alive today, do not be fooled by those who don't understand the technology

In my opinion, the most important thing right now is not to panic easily. Prices will fluctuate but if we plan to invest for the long term, I don't think we need to panic let alone sell our portfolios cheaply because the market will recover

Kelvinid

sr. member

Activity: 2828

Merit: 344

win lambo...

Quote from: TheGreatPython on March 27, 2020, 02:58:20 PM

I have seen a lot of people say what they believe has caused the price of bitcoin to fall but I don’t believe all that, though they were all trying to make points, but I still know that Corona virus pandemic is the main issue here. One person said it wasn’t coronavirus but due to the announcement that quantum computing has been discovered, then he tried to link it to what happened when the first announcement was made.

I have also seen others that said it’s due to one scam project and also because of millions of dollars that were pulled out from the market. With all that said, I still know that coronavirus is the main cause of the fall. Cryptocurrency market isn’t the only market that was affected by the pandemic.

A lot of things will consider as the reason for this declining sentiment but, whatever it is I believe we can still surpass these struggles.
More people link into coronavirus because it actually declines started when the situation becomes pandemic. May we say it was just a big coincidence or not but we have to clearly understand that the market is volatile and unpredictable, nothing we hold in order to be on the price of what we want to.

On the other hand, these changes still are nowhere to find what it causes a lot but we don't need to worry about this. It all be to resolve. Were seems not to be hopeless, in fact, the market started to move upward, this is a sign for recovery.

Perfect35

member

Activity: 854

Merit: 10

Quote from: Chuky92 on March 28, 2020, 05:53:22 PM

Quote from: Kvalentine on March 16, 2020, 04:56:45 AM

Coronavirus is the reason why market is in very bad shape, it will be very stupid to exit because of this while others are making good choice presently, many are already saying it's the end for crypto but the fact is Bitcoin died several times in the past and it's still alive today, do not be fooled by those who don't understand the technology

Now back to the crypto world, just like the virus is affecting the entire world it is also doing same to crypto as it is also piloted by humans.

I like the last part of your statement,. It is because we allowed it to affect crypto, that is why it is affecting it. Yes, this might be unavoidable, but our approach to it matters. We got scared (maybe I am not one of them). which is why people started selling their coins cheaply and we say the market has dumped. We dumped it! If we want it to rise again, it can. However, the COVIC-19 pandemic will one day be over and everything will normalize again.

Chuky92

copper member

Activity: 966

Merit: 5

Quote from: Kvalentine on March 16, 2020, 04:56:45 AM

Coronavirus is the reason why market is in very bad shape, it will be very stupid to exit because of this while others are making good choice presently, many are already saying it's the end for crypto but the fact is Bitcoin died several times in the past and it's still alive today, do not be fooled by those who don't understand the technology

Yes that's right, this virus is not making things easier in anyway rather it is making countries to make tougher decisions. Now back to the cryptocurrency world, just like the virus is affecting the entire world it is also doing same to crypto as it is also piloted by humans. Also, I think most people are exiting trades or altcoins they don't trust for Bitcoin, stablecoins or other potential altcoins but saying that Bitcoin or the crypto space will die is a funny thing to say; Bitcoin has seen many bear markets and yet it survived all and still standing till today.

TheGreatPython

sr. member

Activity: 2660

Merit: 339

I have seen a lot of people say what they believe has caused the price of bitcoin to fall but I don’t believe all that, though they were all trying to make points, but I still know that Corona virus pandemic is the main issue here. One person said it wasn’t coronavirus but due to the announcement that quantum computing has been discovered, then he tried to link it to what happened when the first announcement was made.

I have also seen others that said it’s due to one scam project and also because of millions of dollars that were pulled out from the market. With all that said, I still know that coronavirus is the main cause of the fall. Cryptocurrency market isn’t the only market that was affected by the pandemic.

Hypnosis00

sr. member

Activity: 2436

Merit: 343

Quote from: Novatech8 on March 26, 2020, 05:31:28 AM

Yea let's just keep buying and enjoying the small growth for now, I think it's going to take longer for Bitcoin to reclaim the 9,500$ once again, might even take months but since Bitcoin halving is few weeks away, miracles can still happen

It isn't just of a miracle but we have to do something in order to give help and brought the market into its total recovery. People have to think wisely before making a decision and should also have to look for the future not just of today.

We've been hit by a strong force of panic selling due to coronavirus and the market crash but we haven't thought that this would put an end to the crypto world. Some people being doubts but more people are still in the fate that is why the market not really get into the bottom but rather to hold above $4k. These instances make others think positively all the way and not being held negative and questionable beliefs toward crypto.

Novatech8

member

Activity: 700

Merit: 27

Sovryn - Brings DeFi to Bitcoin

Yea let's just keep buying and enjoying the small growth for now, I think it's going to take longer for Bitcoin to reclaim the 9,500$ once again, might even take months but since Bitcoin halving is few weeks away, miracles can still happen

Crypto_lion

member

Activity: 630

Merit: 11

NEW MEDICINE:Faster, Safer, Smarter

You cannot just bluntly say that people shouldn't withdraw their funds during this pandemic. The first issue is to make sure that you have enough funds in case things go south.Also nobody wants to see their wealth erode . That's the reason why people are converting the holdings to cash and expect more downturn.

Seth2009

member

Activity: 445

Merit: 10

Agree, bitcoin experienced a lot of ups and Downs but still alive.. We can never put bitcoin down.... Some countries already suggesting of using blockchains as a way of transactions today due to the corona virus pandemic to avoid more contacts and spreading of the virus.... And because of this, a lot of countries consider bitcoin as a way of communicating especially fast transactions now... Better, we start to adopt it..

safem

jr. member

Activity: 454

Merit: 1

In the actual fact, the rapid spread of this corona virus is greatly affecting the market in one way or the other. A lot of countries have started shutting down and cancelling various conferences that could bring about the gathering of much people. In this way, several decisions that could have been made and steps that could have been taken to support the uprising of crypto market price are being altered.A lot of people are also in panic not to invest at this time with the fear that they could suffer a great loss. As a result of this,the crypto market itself is suffering from low turn out of investors thereby making the market stagnant.

mamesso

hero member

Activity: 2114

Merit: 740

Leading Crypto Sports Betting & Casino Platform

If anyone says crypto have entered the final round it is a very stupid assumption, the proof is that until now crypto still survives and exchanges in the market are still ongoing.
The corona virus has given a negative aura to the crypto market, but traders should not worry about the current market conditions, what happens now will definitely end, and only people who can take advantage of the situation will smile when the market gets better.

mr.nby

member

Activity: 307

Merit: 10

Quote from: Hellkas on March 25, 2020, 06:22:04 AM

I agree with you. Many people just panic and don`t understand what they do. Crypto technology is one of the most potential and market will recover sooner or later. My strategy is holding and I recommend everyone do the same.

The economy has stopped in most countries. People will probably lose their jobs because of that. I am not surprised at all these people succumb to emotions. The situation on the markets is difficult and bills have to be paid. Everyone is trying to secure themselves for a difficult time. Not everyone can hold now.

OasisDre

member

Activity: 532

Merit: 41

Coronavirus needs to go, we should have been at probably 12k per Bitcoin right now but the virus have ruined everything, although It was a big opportunity to buy at cheaper price but the damages is growing every day and that's not good at all, crypto won't die but it's bad for crypto now

Topic: Do not be fooled - page 11. (Read 3964 times)