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Topic: Do you think this is the news we need for market to recover - page 3. (Read 477 times)

hero member
Activity: 3010
Merit: 604
Also, you can add that there's a manipulation that is happening.

people are investing because they believe on the future of crypto and their purpose is to be profitable so they'll not cash out their investment if they don't see a profit on it, in addition, they'll not gonna risk their money that is intended for their daily living like their savings, so if even with this corona virus and the price did not dump, they'll not panic, the cause of this panic is the whales playing the weak hands, that's what I see.

This corona pandemic will be over soon, they'll invest soon of course but that's the time the whales will also enjoy.
It's a game, those who are not knowledgeable enough will easily panic, they are called the weak hands.
member
Activity: 476
Merit: 22
Market will surely recover once the anti virus is found, you'd explained perfectly what is going on, people are converting to Fiat to store foods and meds
legendary
Activity: 2240
Merit: 4133
eXch.cx - Automatic crypto Swap Exchange.
Many are associating the Corona Virus has something to do with the crash of the market, because they theorize that people are liquidating their shares or coins and converting it to fiat so they can buy basic necessities in case these pandemic, but what if our medicine experts finally find the cure, will the market recover  because of this news?

What's your take on this?

That's quite true, the crash all points towards a global panic as most nation has declared emergency lockdown and some country have restricted movement both in and out of the country while others have stopped every public gathering which has affected many businesses. Irrespective of all these, finding the cure doesn't guarantee the stop of the spread of the virus, the medicine might not even be easily accessible to most affected individual as it'll more costly and just used as a means of making profit just as other cures has been used.

The general public are misinformed that's just the reason behind the panic, the situation can only get better when they get inform on how speedy most cases are getting cured and the death rate isn't that deadly when compared to other viruses that have hit the human race in the past.

The media aren't doing their job right, they're mostly interested in views instead of giving their audience the right and correct information, Corona is deadly but it can be cured and it isn't that serious as the media make it to look like.
hero member
Activity: 2184
Merit: 585
You own the pen
If the reason behind the fall of the market was right to base on their theories about the Coronavirus, then after the cure will be discovered, the price will undoubtedly recover again for sure. If not, then, even though the virus is still there, the market will also recover from this sudden fall. that's why people should take this chance to buy some Altcoins and have some courage to hold them. because the assurance for their prices to recover is high. They need to think of these twice though, by not converting all their wealth to crypto cause they also need some quick money in case of some emergency.
hero member
Activity: 1624
Merit: 500
Well, it becomes a solution so that people refocus on their respective businesses. there are many reasons that the coronavirus that exists today makes many people sell their assets to buy basic necessities to avoid this virus. however, I think when drugs or vaccines from this virus have been found, people can return to invest legally. Well, many people panic and buy excessively basic necessities right now because this virus does not yet have a cure.
sr. member
Activity: 644
Merit: 257
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but what if our medicine experts finally find the cure, will the market recover  because of this news?
The funds have been liquidated already and even cure will arrive on its way, the damage has been done already and we must just wait again for another long time recovery. But thw real question is, is this pandemic the really reason for the downfall? Or its being used by some capitalist as an opportunity to use as an activity held responsible for this crash.
sr. member
Activity: 1638
Merit: 262
if the medicine and the vaccine have been found, the market will definitely recover. starting from small to large economies, then the stock market rise again, and certainly it will also affect people's purchasing power for crypto and the crypto market will rise again.
hero member
Activity: 2548
Merit: 572
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Many are associating the Corona Virus has something to do with the crash of the market, because they theorize that people are liquidating their shares or coins and converting it to fiat so they can buy basic necessities in case these pandemic, but what if our medicine experts finally find the cure, will the market recover  because of this news?

What's your take on this?
We are giving blame for coronavirus to market crash but coronavirus isn't deadly virus and only effects on old or kids. Cryptocurrency need another correction that's what is happening in the market. Some effect has on market but no effect of lifts banned order from cryptocurrency.
which makes the price collapse at the place of exchange is actually not from this virus but the cause is traders, investors and whales who panic because there is a virus that spreads quickly so that the conditions of the exchange place collapsed like this, if only they all did not panic then the price of coins would still be stay safe.
hero member
Activity: 2408
Merit: 550
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I think all this is nonsense. ordinary people do not have so many assets to make such a drop in prices. so many assets have been sold in recent weeks that you can buy anything for that amount of money. I think coronavirus is just the reason at which countries want to shift responsibility
Corona viruses like that provide an opportunity for whales who can give effect to cryptocurrency price movements and make price reductions like this, at least you should be able to take advantage of this moment to be able to get a lot of profit when prices rise again.
legendary
Activity: 2226
Merit: 1086
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what if our medicine experts finally find the cure, will the market recover  because of this news?
The market will recover along with the handling of the coronavirus by every country in the world. The cure has found already but unfortunately, not all countries have it now. Every country needs cures to deal with infected people. And they must ensure their citizens that coronavirus isn't something very scary anymore. The infected people can recover, while normal people can prevent it in some proper ways. If all people have realized that no need to panic anymore, then the economic and financial sectors will recover (including the crypto market). IMO
sr. member
Activity: 1036
Merit: 275
Yes, the cessation and curbing of the spread of Coronavirus would surely bring about some recovery in the market. Currently most crypto enthusiasts are scared of the survival of cryptocurrencies looking at the fact that China which holds several mining companies is one of the countries affected to a great extent. I believe once we hear a good news about the developments of Coronavirus the crypto market as well as stocks is likely to recover.
member
Activity: 1008
Merit: 12
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I think vaccine is already prepared for cronavirus both by American and Chinese authorities and both are in testing process and as far as i have heard they will be able to cure coronavirus patients within 3 hours of its injection. And this vaccine is anticipated to be ready for patients usage by as early as next month.
So if this was the market recovery news i think market will boom as soon as this vaccine will hit the market.
member
Activity: 1540
Merit: 68
Many are associating the Corona Virus has something to do with the crash of the market, because they theorize that people are liquidating their shares or coins and converting it to fiat so they can buy basic necessities in case these pandemic, but what if our medicine experts finally find the cure, will the market recover  because of this news?

What's your take on this?

I strongly believe that once theres a cure to this pandemic, there will be resumption of stability in the crypto space.
The core decline was not even corona itself, it was the fear and the panic that soared after the pandemic roared across all continents.

I do really hope the cure is found soon, because every economies are on the decline in times as this.
member
Activity: 938
Merit: 13
AMEPAY
I think markets around the world including crypto market are in a state of shock at the moment and may take some time to recover from here while i think oil will not recover from here anytime soon because of its own specific fundamental and technical reasons while i expect gold to go down a bit more as well and as far as crypto market is concerned i think we may see a couple months of accumulation or range trading from here before markets comes back to life and recover.
member
Activity: 1022
Merit: 20
RiveMont
Yes, such positive news will definitely help restore confidence and markets can bounce back and i am already reading positive news, China has already controlled the virus and many other countries are also following the isolation method where this virus will self destruct in 2 weeks if not transferred.
member
Activity: 854
Merit: 10
The solution has not been provided, so it's no news yet. Ordinarily, that some parts of the world are now ravaged by the outbreak of Coronavirus, does not necessitate that the entire market should drop. There are certain people who just feel, for every bad news, there should be a response from the market, which to them, must also not be palatable. So, they have decided that the only way they can cause serious panic at this time, is to contun=inue to spread more bad news about Coronavirus. Which they have done and have succeeded at it. We just need to be sensitive to some of these things even if you are not part of it.
full member
Activity: 756
Merit: 101
Oikos.cash | Decentralized Finance on Tron
I think all this is nonsense. ordinary people do not have so many assets to make such a drop in prices. so many assets have been sold in recent weeks that you can buy anything for that amount of money. I think coronavirus is just the reason at which countries want to shift responsibility
jr. member
Activity: 784
Merit: 6
Many are associating the Corona Virus has something to do with the crash of the market, because they theorize that people are liquidating their shares or coins and converting it to fiat so they can buy basic necessities in case these pandemic, but what if our medicine experts finally find the cure, will the market recover  because of this news?

What's your take on this?

If that is the case, if the solution is eventually found, I mean a lasting solution, there will definitely be a positive change in the market trend.  I am still thinking if Coronavirus is what people are considering as an excuse to sell their assets.
This is an investment and for an investor to think that way, it means he does not still understand how to go about it.
The main reason I see to the fall is that the market is already in a panic state. So, more people are selling, not knowing what could be the next outcome, perhaps in a few days' time.

Well, let's see, perhaps if the solution is eventually provided, will there be a recovery?
legendary
Activity: 2730
Merit: 1288
Many are associating the Corona Virus has something to do with the crash of the market, because they theorize that people are liquidating their shares or coins and converting it to fiat so they can buy basic necessities in case these pandemic, but what if our medicine experts finally find the cure, will the market recover  because of this news?

What's your take on this?

On average it takes 1.5 to 2 years to find vaccine for viruses like this. I am positive that in 2 years time markets will recover. Until then recession is inevitable.
sr. member
Activity: 1568
Merit: 321
★777Coin.com★ Fun BTC Casino!
Many are associating the Corona Virus has something to do with the crash of the market, because they theorize that people are liquidating their shares or coins and converting it to fiat so they can buy basic necessities in case these pandemic, but what if our medicine experts finally find the cure, will the market recover  because of this news?

What's your take on this?

There are always economic crises inherent in capitalism. And these crises are always based on something. In my opinion, we are on the verge of such a crisis right now. Corona epidemic is such a big event that the modern world has not met for a long time. Moreover, in today's conditions where mobility has increased, its effects have been enormous. I think the answer to your question is yes, a future treatment will provide relief for the markets. But will it be enough for complete recovery, we will see this together.
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