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Topic: Is it true that Corona Virus may effect trading? - page 10. (Read 1760 times)

hero member
Activity: 1722
Merit: 508
Corona virus have give bad effect for all people in the world with thousand people have pass away and many people get hurt, now many country try to lock down their self and never allowed any people come to their country.
hero member
Activity: 2156
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I do not see any reason for it to affect trading. The panic in the market was created by the whales and to a large extent small investors are also to be blamed for it. At the moment it has recovered quite a bit and hopefully it will recover more in the next 10 to 12 days.
hero member
Activity: 2604
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Is it true that Corona Virus may effect trading?

Is it true that Corona Virus is affecting Cryptocurrency trading? If so then I have some ideas which may help to prepare the vaccine in short period of time to control the Corona Virus. However I am unable to find a forum where I may share my ideas.

I think you can share your ideas here so we can know if your idea can help people here, and we can also help to spread the idea among the other people in other places. We cannot say that Corona Virus might affect trading because we don't know how big the impact on the crypto market. But if many people in one country have traded in the crypto market, and many of them got infected by the virus, I think they need to recover their health first before they can start to trade again. So if you can help with the vaccine of the Corona Virus, then it will help many people out there who got infected so they can cure themselves.
full member
Activity: 1232
Merit: 186
Affect trading or cryptocurrency?

My comment isn’t related to any Corona Virus Infection, 
But I must profess my personal affection for your ‘affect v effect’ correction.
I’m usually not one to make such a confession but it nearly gave me an erection.
Lol I didn't noticed that small mistake to be honest. Well, I'm not an OCD that's why Grin. As long as I understand the thought then it's fine with me.

Anyway, going back to the topic, I already anticipated that the current spread of a new virus will affect the crypto market. But I'm shocked because I never thought it would be so negative. I thought the market will be so alive since most of people are in their houses and busy on day trading but what seems right now is the opposite Sad.
member
Activity: 294
Merit: 43
Affect trading or cryptocurrency?

My comment isn’t related to any Corona Virus Infection, 
But I must profess my personal affection for your ‘affect v effect’ correction.
I’m usually not one to make such a confession but it nearly gave me an erection.


👏👏👏

Thank you kindly!

sr. member
Activity: 2030
Merit: 323
Affect trading or cryptocurrency? If you mean trading, nah that’s not going to happen, people will keep on trading cryptocurrency just like they are doing now. The only thing is that cryptocurrencies might be affected and their prices might fall to a low price.

Just like what’s happening, although I am not sure as to whether Coronavirus outbreak is why the price of most cryptocurrencies has been decreasing recently, but a lot of stock markets were affected. Bitcoin decreased in price to $7k and we weren’t sure as to what really caused the decrease, some said that Coronavirus outbreak is part of it. And the price has decreased further to $5.9k.
sr. member
Activity: 2044
Merit: 314
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I think the market crushing hard because of panic. And Yes maybe corona virus effecting on crypto trading little bit. But not so hard like what we see in the markets.
The first reason of crushing markets is "I heard about a project which exited scam" Secondly the corona virus death news in deferent countries.  But it will go back soon IMO too.
We will be back on a good prices after these challenges and maybe people are cashing out to protect their needs and health. The virus affects trading simply because it affects the traders and some trader just want to stay safe and focus on their needs than to the market condition. It continues to increase, but I hope that our medical team are doing their best protect our world, I salute China for helping Italy and I hope also that we will face the virus as one nation.
legendary
Activity: 2436
Merit: 1189
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I think the market crushing hard because of panic. And Yes maybe corona virus effecting on crypto trading little bit. But not so hard like what we see in the markets.
The first reason of crushing markets is "I heard about a project which exited scam" Secondly the corona virus death news in deferent countries.  But it will go back soon IMO too.
legendary
Activity: 2128
Merit: 1775
Is it true that Corona Virus may effect trading?
It could have happened in the crypto trade, which all people know crypto is traded by humans, logic, if humans in the world again experience calamities, disasters, epidemics, a virus that automatically kills people not many people think about money / crypto, busy thinking about their own destiny.

In my opinion crypto will return to normal as before, where people are safe from activities in their own lives (free from deadly diseases).
I hope everything that has happened so far can be recovered and the c virus will soon disappear, hopefully humans in this world are safe and free from disease.
hero member
Activity: 2912
Merit: 556
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Is it true that Corona Virus may effect trading?

Is it true that Corona Virus is affecting Cryptocurrency trading? If so then I have some ideas which may help to prepare the vaccine in short period of time to control the Corona Virus. However I am unable to find a forum where I may share my ideas.

I think it is not affecting crypto trading directly, but we cannot deny that the crypto market now is following to go down, and we don't know if Corona Virus affects crypto trading or not. But I think that if someone is not affected by the virus, he can still trade, he can still analyze the market, and he can try to make a profit.

But globally, I think now people want to save their lives first than to do anything else, especially for people who lived in the country which suspected getting effect by the virus, so perhaps, they stop their daily activity. They are trying to search more about the virus and take care of their health. But the global economy is getting effect because of the virus. Many countries have prohibited people who want to get in or out of the country.
hero member
Activity: 1190
Merit: 568
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Undeniably,  the epidemic coronavirus has causes downtrend to not just cryptocurrency market but even world's economy as well as other investment industries.  The stock and other related markets are experiencing a massive turn down at a rate higher than that of the cryptocurrency market. The activities of commerce across many nations have been limited leading to economy crisis.
 I have witnessed a lot of panic sellers in the last few days and it has made the situation worse. Let's hope for the best that this not happens but on the other side we need to be prepared on every scenario.
I'm not sure when this epidemic will end but overall you won't be able to make a good profit during this time.
In my experience yes, Corona Virus affect in my trading because that's why I stop it for a while and waiting for the right time to trade. I think we must check the market first because it can also affect to trading once we do mistake from it. And even we are now experiencing dumping we should have a lot patience because I think it take time before it pump again.
hero member
Activity: 1274
Merit: 500
Is it true that Corona Virus may effect trading?

Is it true that Corona Virus is affecting Cryptocurrency trading? If so then I have some ideas which may help to prepare the vaccine in short period of time to control the Corona Virus. However I am unable to find a forum where I may share my ideas.

Undeniably,  the epidemic coronavirus has causes downtrend to not just cryptocurrency market but even world's economy as well as other investment industries.  The stock and other related markets are experiencing a massive turn down at a rate higher than that of the cryptocurrency market. The activities of commerce across many nations have been limited leading to economy crisis. Cryptocurrency is not an exception as it is being traded by humans and not aliens.

However, I'm curious about the so called cure recipe you claimed to have that can cure the mighty coronavirus, like where have you been all these while when people are suffering from the disease. I'll be glad to know about this your cure
Indeed, the global economy is seriously affected by this disease and certainly this year will be a very bad year when you choose to invest in financial markets. I have witnessed a lot of panic sellers in the last few days and it has made the situation worse.

I'm not sure when this epidemic will end but overall you won't be able to make a good profit during this time.
jr. member
Activity: 117
Merit: 1
Undeniably,  the epidemic coronavirus has causes downtrend to not just cryptocurrency market but even world's economy as well as other investment industries.  The stock and other related markets are experiencing a massive turn down at a rate higher than that of the cryptocurrency market. The activities of commerce across many nations have been limited leading to economy crisis.
 I have witnessed a lot of panic sellers in the last few days and it has made the situation worse. Let's hope for the best that this not happens but on the other side we need to be prepared on every scenario.
I'm not sure when this epidemic will end but overall you won't be able to make a good profit during this time.
full member
Activity: 1750
Merit: 118
Is it true that Corona Virus may effect trading?

Is it true that Corona Virus is affecting Cryptocurrency trading? If so then I have some ideas which may help to prepare the vaccine in short period of time to control the Corona Virus. However I am unable to find a forum where I may share my ideas.
You'll find in through since not only Bitcoin and the crypto market had suffered such huge declines but the global economic system. The main concern of the people by now is their health that makes them not work with the trade or they will withdraw some of their capital for them to buy outside. This will trigger for more dumping scenario that we will experience in the incoming if this crisis will not stop. But it was good to know that this is lowering case confirmation which helps to bring back the price to high.

you said people dont foccus much on thier crypto business  ? fall of the price is useless then  . all we can hope for now is that the covid issue will be fixed or  cured so that all people can go back on thier normal lives or can bring back on thier crypto business again   .

no problems is impossible to fix as long as people will unite but unity could also not be possible if ever there are greedy people or selfish people that dont want to cooperate . well lets just hope that karma will come on thier way  .
sr. member
Activity: 2828
Merit: 344
win lambo...
Is it true that Corona Virus may effect trading?

Is it true that Corona Virus is affecting Cryptocurrency trading? If so then I have some ideas which may help to prepare the vaccine in short period of time to control the Corona Virus. However I am unable to find a forum where I may share my ideas.
You'll find in through since not only Bitcoin and the crypto market had suffered such huge declines but the global economic system. The main concern of the people by now is their health that makes them not work with the trade or they will withdraw some of their capital for them to buy outside. This will trigger for more dumping scenario that we will experience in the incoming if this crisis will not stop. But it was good to know that this is lowering case confirmation which helps to bring back the price to high.
full member
Activity: 573
Merit: 102
Is it true that Corona Virus may effect trading?

Is it true that Corona Virus is affecting Cryptocurrency trading? If so then I have some ideas which may help to prepare the vaccine in short period of time to control the Corona Virus. However I am unable to find a forum where I may share my ideas.

Undeniably,  the epidemic coronavirus has causes downtrend to not just cryptocurrency market but even world's economy as well as other investment industries.  The stock and other related markets are experiencing a massive turn down at a rate higher than that of the cryptocurrency market. The activities of commerce across many nations have been limited leading to economy crisis. Cryptocurrency is not an exception as it is being traded by humans and not aliens.

However, I'm curious about the so called cure recipe you claimed to have that can cure the mighty coronavirus, like where have you been all these while when people are suffering from the disease. I'll be glad to know about this your cure
full member
Activity: 1330
Merit: 147
This time is not bitcoin price that has been decreasing but more than that another investment place has doing so, I just make a conclusion that indeed coronavirus was the affect bitcoin price and the major investment place instrument has been decreasing. Because I didn't see any another news/information instead coronavirus.

I have some of my friend who have investment in the stock, most of them just broken now. Even, there is my friend who tried to loan money to buy some stock because according him this is the best time to buy. That is the big risk ever that I saw but who know he may right to do his own prediction.

Even though before this crash came bitcoin and another cryptocurrencies price are in a good trend. Especially bitcoin who will meet its halving event, the price had increasing at the early of this year and hash rate for bitcoin was touch its all time high as well but we found this problem and made our dream destroyed.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
There are always theoretical explanations about this pandemic decease if it is connected to the Bitcoin price movement as of now. As we saw that the price was sinking too much in the market. But for me, I saw there is a slight effect on traders when someone needs cash to spend on their families because of scare through this coronavirus. Traders have emotions that might panic and sell all their crypto assets and convert into cash.

Another reason might traders stop for a while on trading because of this virus now that continued spreading and make everyone's panic. Maybe that is the reason or maybe not but don't be panic because everything will back soon. There will be always a resistance always in the market even how the dipping price of Bitcoin.



Yeah the people prefer to cash out for now to prepare things when situation got worse that's why we see a huge dump for now since for this case the demand became more lower and situation will became worse if these virus will not contained by global health worker and provably we will see all major financial institution will collapsed and it will effect us badly especially with the bitcoins.
legendary
Activity: 2492
Merit: 1232
There are always theoretical explanations about this pandemic decease if it is connected to the Bitcoin price movement as of now. As we saw that the price was sinking too much in the market. But for me, I saw there is a slight effect on traders when someone needs cash to spend on their families because of scare through this coronavirus. Traders have emotions that might panic and sell all their crypto assets and convert into cash.

Another reason might traders stop for a while on trading because of this virus now that continued spreading and make everyone's panic. Maybe that is the reason or maybe not but don't be panic because everything will back soon. There will be always a resistance always in the market even how the dipping price of Bitcoin.

sr. member
Activity: 700
Merit: 254
Is it true that Corona Virus may effect trading?

Is it true that Corona Virus is affecting Cryptocurrency trading? If so then I have some ideas which may help to prepare the vaccine in short period of time to control the Corona Virus. However I am unable to find a forum where I may share my ideas.
Yes Coronavirus have big affect in trading if you can see some sell their bitcoin because of panic buying of goods. That's why bitcoin fall down the price so it's really big affect in cryptocurrencies. So if corona virus continues in spreading maybe the bitcoin will be goes down.
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