Topic: Do not be fooled - page 9. (Read 3960 times)

There are words written in print/electronic media, especially about Bitcoin/crypto, which can be trusted & cannot be trusted.

It's not that easy to be fooled by some irresponsible sources, at the time saying crypto is the end of everything, basically most people have strong principles and mentality about Bitcoin to come.

Corona, open an obstacle for crypto users in general to stop investing / trading, what we need to do is: buying now a long term investment is better than we think of others who frighten crypto users today.

I don't think the cryptocurrency market isn't affected by Cov-19. To be fair, every market is affected by the global market. However, the cryptocurrency market wasn't affected as much as other markets. In the other hand, Cov-19 brings a great opportunity for the crypto world. The reason is that due to the stay-at-home orders in many nations, many people use their time to look for an alternate way to make money online. Therefore, they come to the cryptocurrency world! It expands the recognition of this market!

I think that cryptocurrency does not depend on the pandemic in any way. cryptocurrency depends on how much people are afraid of losing their money. Cryptocurrencies are now the safest  payment tool and I think that we will see prices rise when people will become calmer

Absolutely agree..
Pandemic crushed everything but crypto will not die
Pandemic actually opens new opportunities for the blockchain industry in the medium and long term

As Friedrich Nietzsche said, "Something that doesn't kill you, makes you stronger. "

That works all the time in crypto as well, I've been following and using that principle that turns out to be my strategy, and I can really tell its very effective as long as you have the discipline.

There was a saying that goes this way, be greedy when others are fearful, I guess this is the perfect tool in time like this pandemic period, I sees this time as an opportunity, even while the opportunity that was opened in March is no more be prepared for what will happen after pandemic is finally over

Crypto will survive this pandemic and after it's over we will witness a very big bull run, I'm positive about this because within this pandemic period crypto have reached a certain point where it becomes more recognized just because it stay strong in this pandemic period.

We can survive in this pandemic, the economy might struggle hard but we are still alive and there's still no food shortage globally, and what is needed is just food to survive, also, we have our scientist working for the vaccine, once it's out, everything will be back to normal, maybe not instantly, but at least we are sure we will recover. The market globally is in bad shape, but good thing the market in crypto is not affected, the effect seems to be good as it's still stable until now.

We crashed as well, but the important thing is that we recover.

True! The cryptocurrency market has been surviving long enough to prove that it will keep developing in the future. Therefore, there is a small chance this market will be dead. More and more investors are coming into this market to prove that the market has certain attractions to people around the world. Cryptocurrencies will be the future method of payment, I will doubt if someone say it will dead!

This might be the biggest crash over the past decade, whatever goes down it will go back up one day.
not everyone can invest in this difficult time, but when the economy will improve, it will be a very big change.
some people might think more about how to survive first.

This shows that crypto is capable of anything, Cov-19 crushed everything in it's path but crypto was left out, it was a mind blowing opportunity for those who still believe that crypto will perform well when Bitcoin goes down to 3600+ in march, I missed that opportunity

It happens several times in the past few years. Bitcoin still growing and still alive. Covid-19 is  a big risk to our health condition. But it will not effects on how do you trust bitcoin and other crptos at the market.

We have different goals and perspective after all, many people see it as a disaster and they are now selling their positions but there are people see this as opportunity to buy more bitcoin that they can hold. I'm a day trader so I do not hold my bitcoins, I use its volatility for me to earn money in just period of time. What happened to the cryptocurrency market is just a market cycle and I think it is normal.

With no doubt this market is here to stay and no matter how bad things seems, the market will always bounce back stronger because the technology behind bitcoin is way to good to die off. I think majority of the people that sold off there portfolio are those that needed cash to stay strong during the global pandemic as well those that have health issues. I believe when the pandemic is over and the market starts experiencing a bull sign, we will se lot of the people that left trooping back!

Those people who give up or exit because of pandemic are too worried about their money and don't understand how to invest. Most of them are just people who want take profits instantly and never think about the process. I agree with you that this is actually the time to add more assets with many coins are decreasing their prices. Once the pandemic ends, the market has the chance to increase as Bitcoin basically continues the HYPE of halving effects. Many experts stated that the effects of current halving can be seen after several months or even a year after the halving day. It means the time is probably in 2021. 

It would be your own will and free choice if you would just easily believe of here says of other people with regards to the current status of the whole cryptocurrency itself. You have your own mind and perspective on what is really happening on the market so let yourself decide for what is the best for your cryptocurrencies since you own it by yourself. It is not a foolishness if you would sell some of your coins for the benefit of sustaining your needs specially when it concerns your health. Foolishness is when you just keep on holding knowing that you do not have any more money to spend but you are still eager to hold. It is not bad to be eager on holding but still keep yourself up since you will not be able to use it if ever something worse happen to you like you gonna die because you just keep yourself wasted on thinking to hold more than what you can afford. Crypto holding is important manner specially at this pandemic that others are taking advantage of the break where price can be affordable to purchase but still health is a wealth that is in need to be taken care of. Also, the market that is directly affected by the virus is the stock market which is on fiat so if ever you have something on crypto, you do not have to worry about it. The declination with crypto was just merely affected at the start of pandemic but so far, it is doing so good.

Yes, because basically between Corona Virus and Cryptocurrency there is no special relationship, but only limited to people who used to not get out of the house so they choose crypto for their work fields, this has little impact on crypto at the time that.

Corona Virus has instead become a positive trend for Bitcoin and other cryptocurrency, this has been proven from the price reduction and BTC recovery is very fast, so you don't need to worry about the negative impact on BTC

For some they have doubt on bitcoin when they see the market is in a bad shape and price is fallen especially those newbies in crypto. Even without the pandemic happening those weak hands able to sell their bitcoin and indeed it is good to find ways to earn profit during these times. Although we do not know yet what will happen in the future in this industry as we can observe there are still people who continuously adapting bitcoin.

In my opinion, Covid-19 also has a great impact on this market because if you choose to invest this market in March this year, you will understand why people panic.

Bitcoin price may have risen much higher now, but investors are still a little skeptical. I am still very careful when investing in this time because without a vaccine, the world economy will still be chaotic and financial markets will certainly still difficult to recover.