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Topic: Do not be fooled - page 7. (Read 3960 times)

full member
Activity: 398
Merit: 100
August 09, 2020, 11:14:32 AM
The early 2020 is not so good for market for many reasons like pandemic situation all over the world, Recession and many more maybe. But somehow crypto market survived from the situation and its in a very good position. Bitcoin is a very good spot. Most of the time it's stable. So other coins got a chance to grow. Some of the altcoins grown very good. 2x-3x profit. Many of them have more profit. It's all over a very good time. So those who exit in first position they are in loss. That's it.
There is always light at the end of the tunnel. Amidst the corona pandemic like this, cryptocurrency comes back and rally to new price mark that higher than before is a good sign of market get used to the pandemic. Just like OP said, crypto is different and won't be affected severely like the normal business. If anyone doesn't know it and already makes an exist, well their loss.
member
Activity: 550
Merit: 10
August 09, 2020, 01:53:32 AM
I can't be fooled but if I needed so sell my token/coins I will just buy necessities just to survive in this kind of situation.
full member
Activity: 728
Merit: 101
August 09, 2020, 01:07:13 AM
Corona virus is only a small issue that is exaggerated, they forget that there are still many deadly diseases such as heart disease, liver, spleen, diabetes, and others that cause so many deaths every day.

And regarding the impact on cryptocurrency, I think it will only take a moment, over time it will return to normal as before. Stay healthy and multiply your crypto assets.
sr. member
Activity: 1596
Merit: 335
August 08, 2020, 08:52:55 PM
The reason why bitcoin went down when the pandemic started is most people lost their job and had to sell some of their cryptos to be able to survive. This comes along with some people who panicked because of the price movement. The market even recovered after a few months.

Bitcoin market had dropped a lot of times and came back really good after it. If you cannot handle the volatility, better stay out of crypto.
full member
Activity: 686
Merit: 100
August 08, 2020, 07:03:44 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


I really dont know why people connects the pandemic we are in to crypto, for me it's more favorable to cryptocurrencies since the new normal would be a paperless money to avoid direct contact in this way bitcoin and other crypto could somehow compete with paperless money for payment. But still the fees compared to credit cards are still high. Cryptocurrencies is here to stay as long as people are holding it or few are still believing on it.
sr. member
Activity: 952
Merit: 253
August 08, 2020, 06:57:19 PM
Crypto is here to stay, only those who don't understand will think otherwise, PayPal is even joining the crypto gang too, a company that has once or twice ridicule crypto and blockchain
it is part of a sign that crypto or Bitcoin will be accepted all over the world,
but indeed the biggest enemy of crypto is the regulator and government
It's just the matter of time and I think that bitcoin will be widely accepted by the government and regulators. You can see that even some countries have announced if they will be issued their own crypto and it can be a very strong point to say that bitcoin will be accepted by so many countries.
sr. member
Activity: 406
Merit: 250
The Fourth Generation of Blockchain in DeFi
August 08, 2020, 06:51:32 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

Someone needs to hear this. People out there are panicking over the corona virus messing up the community and end up panic selling.
jr. member
Activity: 448
Merit: 4
August 08, 2020, 06:35:46 PM
It' normal for people to be nervous about what's happening now caused by coronavirus many people are get panic and they are unable to think right. Just always have a positive mind and think that these trials will going to an end . So it should be better if we don't be affected to anyone who think that this is the end for crypto instead just take the opportunities to make you grow in crypto world.
full member
Activity: 653
Merit: 183
August 08, 2020, 12:19:45 PM
Fearmongering is always resurface when there was a bad time over the crypto market. Pay them no mind and focus on how to take advantages and exploit opportunities of the bad market brings back. Doing that instead of worry or get fooled by scare tactics and who knows, maybe they did that to get more opportunities for themselves when the price is low.
member
Activity: 1050
Merit: 10
Martian Swap - Anti Whale Measures New Yield Farmi
August 08, 2020, 12:01:29 PM
The early 2020 is not so good for market for many reasons like pandemic situation all over the world, Recession and many more maybe. But somehow crypto market survived from the situation and its in a very good position. Bitcoin is a very good spot. Most of the time it's stable. So other coins got a chance to grow. Some of the altcoins grown very good. 2x-3x profit. Many of them have more profit. It's all over a very good time. So those who exit in first position they are in loss. That's it.
full member
Activity: 1386
Merit: 101
ComboLabs
July 25, 2020, 09:10:06 AM
Crypto is here to stay, only those who don't understand will think otherwise, PayPal is even joining the crypto gang too, a company that has once or twice ridicule crypto and blockchain
it is part of a sign that crypto or Bitcoin will be accepted all over the world,
but indeed the biggest enemy of crypto is the regulator and government
newbie
Activity: 47
Merit: 0
July 25, 2020, 08:48:04 AM
Crypto is here to stay, only those who don't understand will think otherwise, PayPal is even joining the crypto gang too, a company that has once or twice ridicule crypto and blockchain
Wait, PayPal is joining crypto world? Yeah.... Looks like I missed this ... Undecided
hero member
Activity: 1750
Merit: 589
July 24, 2020, 03:55:13 PM
The decision lies and depends on you if you would believe and follow what other people say about crypto. You are considered fool yourself if you would just easily believe and follow into other people's opinions and not being able to trust and create your own decision. If you are already that long enough in this market, then you must have the better understanding that crypto industry have already gone through lots of challenges even at the first years when it was established and still continuously getting improvement and being used by many people as of the moment.

If you do know in yourself what you are doing, then you let yourself decide and evaluate if the informations you are hearing about cryptocurrency can be believable or not. There is nothing wrong on hearing out other people's opinions because it stand to be one of the factors you can consider to help you decide but still you must know the fact if it can be really reliable or not. You must not let yourself be fool around if you really know what you are doing. Hear other people's opinions for basis but leave the decision making on your own and do not let emotions or murmur of other people dictate your decision making.
hero member
Activity: 1624
Merit: 500
July 24, 2020, 09:14:17 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
the fact is that today people are most likely looking for ways to make money from home, and cryptocurrency can be a solution for that. however, there are some things that need to be realized that there are quite a lot of projects that cannot develop quickly due to their limited activities, even the price of bitcoin and other altcoins has dropped. however, right now, price recovery is starting to appear, and that is a good thing. there could be many investors who returned after that.
member
Activity: 464
Merit: 10
July 24, 2020, 08:53:30 AM
For me, it is obvious crypto won't end just because covid pandemic. But unfortunately some crypto projects are using this pandemic as an excuse to delay their progress. We know that the team doesn't need to meet each others to continue the progress. Like your title says, 'Do not be fooled'.
only shit project that use pandemic as reason to delay developtment progress, on project with high quality they will never stop to  build project as fast as they can so MVP could released immediately. so dont be fooled while they said pandemic distrub their work, in crypto market everything could did by online no need to meet everyday.
sr. member
Activity: 2422
Merit: 264
Vave.com - Crypto Casino
July 24, 2020, 05:49:18 AM
Crypto is here to stay, only those who don't understand will think otherwise, PayPal is even joining the crypto gang too, a company that has once or twice ridicule crypto and blockchain

Cryptocurrency is now well developed and risks are likely to continue to decline because the government is paying special attention to
managing it, plus private players are constantly exploring ways to stabilize products without losing their attractiveness and uniqueness.

To adapt to the progress of the times, Paypal has no choice but to join.
This is called realistic  Smiley
member
Activity: 420
Merit: 13
$CYBERCASH METAVERSE
July 24, 2020, 04:28:47 AM
Crypto is here to stay, only those who don't understand will think otherwise, PayPal is even joining the crypto gang too, a company that has once or twice ridicule crypto and blockchain
full member
Activity: 1189
Merit: 107
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
July 24, 2020, 04:04:30 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, I completely agree. It distinguishes between people who understand about bitcoin and people who only understand about profits. In their minds only profits so if they not get it, they will say something that doesn't make sense, Like bitcoin is scam.. lol Grin. So learn about history will give you another view of something
full member
Activity: 896
Merit: 115
July 24, 2020, 03:47:12 AM
Bitcoin is simply doing it's cycles but coincidentally some life events are happening at some time that is aiding those cycles and also affecting the market at intervals. For those who understands the cycles, it's nothing to bother about.
hero member
Activity: 2184
Merit: 891
Leading Crypto Sports Betting and Casino Platform
July 24, 2020, 03:05:25 AM
You must not really get easily fooled by hear says because if you do really know what you are doing, why would you care to listen into other people's opinions that because of the pandemic the cryptocurrency would come into an end. If you are already staying for quite too long in this industry, you must better know that we have already faced lots of problems, crisis and other things that affect the price and behavior of the cryptocurrencies in the market. We have already surpassed all of those and still cryptocurrency is still continuosly working despite of those problems.

Just focus on what you know and do not care of what will the other people would say. Trust the process and your own gut feel and decision because in the end, it would be your own fate not theirs. So better do everything that you think would be best and will benefit you. But still learn to balance if the opinion is relevant or good for you because not all opinions are meant to be bad. Better do hear some opinions but let yourself do the decision making not them.
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