Topic: Do you think this is the news we need for market to recover (Read 541 times)

Surely the market will recovery but it is not going to be that fast, the money lost in the space took years to be build but in just a matter of days all these gain has been wiped out. I do hope they get the cure before Bitcoin halving if not people need to prepare for the long night

Well, based on what I have observed since the day that the virus is said to be pandemic, meaning it has already come to be a fastly spreading virus, the market have got into a downfall maybe due to panic attack that it is becoming a real threat to the health of the people and to be able to survive such threat, many people are using their assets to buy necessities to be able to keep themselves safe from the threat of being infected by the Coronavirus. That is maybe the reason why the market is experiencing an all of a sudden downfall this past week specially now that the number infected is increasing as days passes by. People are now focusing or prioritizing their own safety rather than getting into crypto that is why maybe the trading orders and the demand volume is getting down and as a result is the drop down on the prices of the cryptocurrencies within the market. I do believe that as soon as the cure is discovered and the problem is already resolved there will be a slow recovery that will happen in the prices of the cryptocurrencies for the reason that people are still recovering from the situation but at least there is a chance for the recovery. Let us just hope that this problem will come into an end in which all of us will be safe from the threat of the Coronavirus and the market will soon to recover from its loss.

I think recovery is more difficult then falling down. Cure could be occasion but not a reason. There are a lot of hard repercussions of coronavirus which can influence on all markets long time. Hope that everything will be okay, but as for me today`s situation isn`t positive

I am sure that the vaccine will be found. Yes, that will bring positive news to all sector so people can start to work as before, and they don't have to afraid of the virus again. But we still not seeing good news until now and we still waiting for the vaccine that can cure the people. The market will recover soon, and we will see that the pandemic will slowly disappear. So we can back to make a profit from the market again. Until that time, we need to be careful and have patient to watch the market moves, and if the market still not going to the better level, we don't need to enter the market.

If the fall was associated to covid-19 and as a result people liquidate to be able to carter for their basic needs, then yes, ones it has been officially announce that their is cure to the virus, many people will feel safe and secure, they would also want to have their investment back, so the possibility of market recovering is certain, one thing i know is this virus can not linger on for too long, at some point there will be cure and this will come back to normal.

the impact of the corona virus has destroyed most of the activities of every country around the world. the incident will even continue until there is really no one who is indicated corona disease. therefore, such an impact greatly affects the value of the stock or crypto market and several other activities.

A cure for coronavirus will have a positive impact on the crypto market because many people liquidate because of the uncertainty of the virus. A cure will send reassurance to those people.

I think searching of vaccine for this pandemic desease takes more time, coronavirus death still rising and the tranmission of virus is uncontrollable, from now on maybe self isolation  is the only solution to stop the virus from spreading. I think for crypto market to recover  we only need news like this for example in news headline "Covid-19 are suddenly disappeared all over the world" like that miracle  news i think it will help  the market to recover.

Some countries have claimed to find a vaccine for coronavirus and I think it is good for the confidence and recovery of the world economy. Coronovirus has caused concern in the minds of investors and I think this is what makes businesses and investors panic, but the crypto market has survived 10 years amid a variety of negative news and in my opinion will still survive amid coronavirus outbreaks

If the coronavirus vaccine has been found, I think investors will be optimistic and market confidence will recover. In my opinion, the decline in prices on the index market and other financial markets is due to the panic that corona virus will affect world trade

The cure is looking forward to many which are the only hope as a solution to this coronavirus,  basically, if we found the perfect medicine we can return to the crypto market I think this season, almost every country has decided to declare lockdown movement which is the state of world health organization program to prevent further increase in risk.
I think radio and television news programs can help which is the primary solution for recovery.

This pandemic affects the global economy, everyone must choose the best way to protect their assets, and as real action to defend themselves from the worst conditions. In this situation, health is certainly more important, losses can be overcome if the situation has improved. Well, we know that rumors can fundamentally affect price movements, especially if there is good news regarding the discovery of vaccines or drugs from this pandemic, it will certainly have an extraordinary effect. Although not spontaneous, price changes will show a good trend.

I also read the news several times, but I don't know the truth yet, hopefully, it is true, so that the vaccine can be used to relieve this pandemic. The important thing is we try to protect ourselves and those closest to us, social distancing is very important for now so that the spread of the virus can be controlled. Money can be sought again, but health and lives have no reserves, prioritize the best

I heard through a few news Corona Vaccine are preparing from Germany, I hope it will effectively works and all of affected people's will be cure. For home home quarantined anyone can't coming their work station. I didn’t see any hope when market will recover. Withdrawn their assets that means how much panicked in the around. Bitcoin movement made me scarry at this condition.                       

the impact is too big I think on the world economy and the crypto market. need time to readjust market conditions. capital and trade must be increased again to make the market move again on a better chart.

The possibility of this happening is very large, because it is good news that has a big influence on the world economy, including the cryptocurrency market. Everyone will return to normal activities and return to investment

is it that easy to restore the market in improvement? the discovery of a drug from this outbreak I think will not easily restore the world economy which is currently declining. the burden is felt by everyone, and we must be patient to wait for the increase to occur. this year we are still hoping for a major project update, hopefully, there are no delays.

Yes surely it would recover the markets in minimum time if ever the medical experts or the WHO finds a cure for this virus. But, it is not actually possible to find a antidote in a minor time as it would at least take a year to develop a vaccine for this corona virus and by that time many people would already lose their lives. This is bring the markets on the bottom as also we could see that most of the common commodities including hand sanitizer and soaps too have been in an increasing demand and so their prices are sky rocketing.

Now, most of the people would need huge funds to stock up the basic needs and hence people might move their money out from the markets.

hopefully one day there will be a news that will come out that cure has been found for the pandemic.
I would 100% expect that the market will recover, even the news it self is sufficient enough to make this market bounce back from heavy dump.

Even if any part of the globe creates a medicine for this kind of virus than it would even take a long time for the medicine to reach majority parts of the world. Even the pricing for such medicine would be much higher and I do not think that most of the middle class families could afford this kind of imported medicine.

The WHO should be successful in finding a cure which would be most cheapest but effective. There would be a lot of people would have been waiting for such medicine and this would soon make the panic and fear disappear from the community. This would also bring the prices up as people would again start buying coins and trusting the markets as the panic and fear would than exit the markets.

      With the disappearance of the virus, people's panic will disappear as well, and people's cash will be used again to invest in cryptocurrency. I am more optimistic and think that next year we will see a new bull run. We are waiting for the investments of the whales in the crypto market and the treatment for COVID-19.