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Topic: Do not be fooled - page 3. (Read 3964 times)

member
Activity: 431
Merit: 18
November 04, 2020, 06:17:44 PM
The cryptocurrency market has been enduring long enough to demonstrate that it will continue creating later on. in actuality, there is a little possibility this market will be dead. An ever increasing number of investors are coming into this market to demonstrate that the market has certain attractions to individuals around the globe. Cryptocurrencies will be the future strategy for installment, it is only just a matter of time and more innovation.
member
Activity: 375
Merit: 10
November 04, 2020, 06:02:54 PM
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

Only a madman believes that crypto will die, because a madman is incapable of thinking.
Crypto will become more and more popular, it has nothing to do with covid19. But if anyone says this crypto is a whale farm, I say yes. Those with large pockets are capable of playing and toying with crypto.
member
Activity: 712
Merit: 15
November 04, 2020, 04:46:43 PM
The market is not so good however the individuals who sees this is an opportunity are purchasing regularly of the BTC everything they could have. There were individuals I found in the news that corona isn't generally a major danger to the markets, there are more infectious influenza more grounded than Covid yet are not generally advertised by media to make individuals alarm and they are stating that this is an arranged assaulted. Try not to be fool yet don't likewise purchase BTC right now since they are doing their more awful yet.
full member
Activity: 1048
Merit: 101
November 04, 2020, 02:19:53 PM
If someone believes in cryptoqurrency, especially bitcoin, then I don't think you need to worry or leave crypto under any circumstances. This will only make you more disadvantaged if you leave the crypto market, for me this situation is more profitable to stay in the crypto industry and I personally don't think of leaving especially if it is based on the coronavirus.
member
Activity: 523
Merit: 10
YOUC - https://www.youengine.io/
October 12, 2020, 03:09:21 AM
Corona virus is no longer obstacle for cryptocurrency, i think we can still doing our activities with new normal.
Just look at the cryptocurrency project, many developers has created new DeFi projects.
Coronavirus is a bad reason for stopping crypto project.
copper member
Activity: 1190
Merit: 3
October 11, 2020, 01:05:16 PM
You are right. This not the time to exit or sell crypto. I see it other way. For me, it's an opportunity to buy at lower price or to enter into a good project for investment. Of course, it should be for long term.
jr. member
Activity: 71
Merit: 1
October 11, 2020, 12:59:15 PM
The coronavirus pandemic has effect on almost all economic sector including BTC,but those that painstakingly invest in it during those time will be favoured at post - Covid period.
hero member
Activity: 3010
Merit: 666
October 10, 2020, 05:53:25 PM
I cannot deny that because of the CoronaVirus each economy of the country really got affected by this pandemic together with the real currency in the stock market. But Bitcoin or crypto space is not affected by this pandemic to tell you frankly.and don't stop looking for your luck on this forum, let people tell you what. It is important that you stay focused and continue to work even though the bounty project is mostly scams.
Altcoins has been affected a lot after the bull run as some of them did not recover anymore. Pandemic cause an economic struggle but not in crypto to my knowledge, this year altcoins were profitable so as with bitcoin, and we found De-Fi which is a good investment. For old altcoins, there's no guarantee that they will rise especially if they already lose the interest of the traders as evidence by their low trading volume, and at the same time if they are trading in a bad exchanges.
jr. member
Activity: 134
Merit: 1
October 10, 2020, 05:47:03 PM
I cannot deny that because of the CoronaVirus each economy of the country really got affected by this pandemic together with the real currency in the stock market. But Bitcoin or crypto space is not affected by this pandemic to tell you frankly.and don't stop looking for your luck on this forum, let people tell you what. It is important that you stay focused and continue to work even though the bounty project is mostly scams.
jr. member
Activity: 453
Merit: 2
https://goldeth.io/
October 10, 2020, 04:58:13 PM
i think, during the covid-19 pandemic it did not have a severe impact on the market situation. I see the market situation is not as bad as expected, the price of BTC and some of the top altcoins is not a problem. In fact, some of them experienced significant price increases. so I didn't think about leaving the crypto industry just because of the coronavirus!
jr. member
Activity: 286
Merit: 3
https://goldeth.io/
October 10, 2020, 04:24:14 PM
yes, of course everyone has their own point of view in evaluating the crypto world, especially bitcoin. This perspective is based on the knowledge they have, it is only natural that some people who say that BTC is dead or that the bubble or Ponzi due to the drastic decline is wrong. I am personally very optimistic that BTC is one of the best assets among other cryptoqurrencies.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
October 10, 2020, 03:48:26 PM
The cryptocurrency market is the one that survived without massive crash throughout the covid-19 spread. This thread has been started during the beginning stages of fast spread and the very beginning days of lockdown on every country with restrictions. Later on when the lockdown continued with industries shutdown the money circulation completely stuck. This started to reflect on the economy as stocks started to drain it's value.

During the lockdown more number of common people started to use bitcoin and some even started to consider it as the safe haven for investment looking the market crash of stocks.
legendary
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
October 10, 2020, 03:40:05 PM
What dead? crypto like btc hold its position tightly even we can see the price of bit touched so far $12k during Covid-19. Eth also raised about to $500 when lots of people sold their assist during corona epidemic. So how could anyone say, crypto is going to die? Crypto is upgrading daily and those are going to lead the upcoming future. So be claver & do trust on crypto
Crypto also fell pretty hard at the start of pandemic and then it started to rise just like the stock market. I think there is a lot of manipulation going on in the market right now and we are just like the pawna in a game of chess who doesn't matter much. We are easily manipulated by the whales, when they take the price down we always panic sell our coins and whenever they pull the market up we become happy and start hodling the coins but instead we should sell at that time to take the profits.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
October 10, 2020, 03:29:54 PM
What dead? crypto like btc hold its position tightly even we can see the price of bit touched so far $12k during Covid-19. Eth also raised about to $500 when lots of people sold their assist during corona epidemic. So how could anyone say, crypto is going to die? Crypto is upgrading daily and those are going to lead the upcoming future. So be claver & do trust on crypto
The people usually say what they see but the experience in this field is important for having a concrete opinion. The pandemic has changed the behavior of market participants, so it is too early to talk about the dying crypto industry. The market is in a bearish trend and changing the bearish to bullish mode will take a lot of time. BTC price is dancing around $11000 level and breaking this level will increase the spammers on crypto social media.
member
Activity: 372
Merit: 10
October 10, 2020, 03:22:19 PM
What dead? crypto like btc hold its position tightly even we can see the price of bit touched so far $12k during Covid-19. Eth also raised about to $500 when lots of people sold their assist during corona epidemic. So how could anyone say, crypto is going to die? Crypto is upgrading daily and those are going to lead the upcoming future. So be claver & do trust on crypto
full member
Activity: 983
Merit: 100
October 10, 2020, 10:40:41 AM
It made an effect in the first weeks or so of the corona pandemic, the crypto market has crashed down due to fear that it might have had the same fate with stock market. Some traders had to full out their investments and some have switch to stablecoins in order to prevent from massive effects of melt down.
Yes, but today I see that the crypto market has had a good bit of improvement on all coins so this will also be of great benefit to those who bought coins when the price dropped a few days ago, and I personally hope this can be done. continues so that everyone can benefit through investing and day trading.
full member
Activity: 1638
Merit: 167
Buzz App - Spin wheel, farm rewards
October 10, 2020, 10:33:11 AM
I'm not being fooled but when my health is on the line, I would sell some of my portfolio to buy food, disinfectants, and other necessities in times like this. That is not a stupid decision, it is just common sense. If I survived this pandemic, there is always a chance to earn money and buy cryptocurrencies.
I agree with you. What is needed in a pandemic is common sense. not everyone still has a stable job and income. Some people have to give up their assets to survive the pandemic due to the crisis. and what they do is normal.
hero member
Activity: 3038
Merit: 617
October 10, 2020, 10:26:02 AM
This should be adress to the newbies and to those people who engage in crypto currencies but they don't know much about how the market works or what is the main reason
why crypto currencies exist especially the bitcoin.

Unlike stable currencies, bitcoin and other currencies out there can easily shift their prices from high to low in just a short period of time but don't be fooled that it will
be the end of bitcoin if it's prices goes down badly as it is only part of how the market works. As long as there is demand, bitcoin will not die.

With the series of scams and coronavirus that keeps occurring to them, sometimes a single fud from a high rank user can make the trader pick bad choices like dumping while the price is at its bottom.

With their money at risk, some of the traders just withdraw their funds because corona lockdown and jobloss had affected them financially. These factor will lead them to be fooled and sell out.
hero member
Activity: 1932
Merit: 506
Betking.io - Best Bitcoin Casino
October 10, 2020, 09:59:48 AM
This should be adress to the newbies and to those people who engage in crypto currencies but they don't know much about how the market works or what is the main reason
why crypto currencies exist especially the bitcoin.

Unlike stable currencies, bitcoin and other currencies out there can easily shift their prices from high to low in just a short period of time but don't be fooled that it will
be the end of bitcoin if it's prices goes down badly as it is only part of how the market works. As long as there is demand, bitcoin will not die.
member
Activity: 882
Merit: 13
October 10, 2020, 09:11:15 AM
Different people with different opinions, i wonder why many people believes covid can ever have a huge effect on cryptocurrency to the extent of shutting it down which am sure won't happen.
It made an effect in the first weeks or so of the corona pandemic, the crypto market has crashed down due to fear that it might have had the same fate with stock market. Some traders had to full out their investments and some have switch to stablecoins in order to prevent from massive effects of melt down.
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