Topic: Is it true that Corona Virus may effect trading? - page 4. (Read 1780 times)
Well if you look at it, Then yes. It does affect the market. Why? because of people finding new ways on earning money at home while on quarantined. So they stumble over Cryptocurrencies which is an ideal investment if you are just at home finding something to earn money.
We have seen that the covid19 effect on trading is both positive and negative. During the beginning of covid19, there were panic sells which drives the price down but with time the price recovered and there has been upsurge in price particularly when the government release funds to the citizens to mitigate the effect of the virus on the standard of living. This was later reported on coinbase as the numbers of people that bought bitcoin during the process increase
The effect of coronavirus on trade is really already felt.
How? Can you explain to us? Because i don't see any relation right now between trading and the Covid-19. Maybe the economy is a basis for some people to perform trading but it doesn't directly affect it.
The economy is surely a huge factor because it is the basis of the market situation whether it is good to perform a trade or not.
The effect of Covid-19 in terms of market and the economy is really can be felt right now due to the stock markets that are crashing.
These factors can really affect the price of cryptocurrency that you are going to trade but that's not that serious that it will bring huge drop in its price.
I do not feel the effects of the corona virus on crypto trading, because there is no connection between the corona virus and the world of trading.
If you don't believe, please doing your own research, pay attention to the movement of the crypto market before the corona virus occurs and after
the corona virus. There were no significant changes, so I as a trader even though quarantine was not a problem because crypto traders did work
at home. No need to move outside the home, to trade crypto only requires a mobile phone and the internet.
I'm sorry but I have to say that I disagree with your idea! First of all, the cryptocurrency market is one of those economic markets in the world. When the pandemic appears, every single market has to be affected. The global pandemic affects to different markets in different ways. However, our crypto market still suffers from it! The reason is not about where traders work, the value of coins are affected by many external and internal factors! If you don't believe, please doing your own research, pay attention to the movement of the crypto market before the corona virus occurs and after
the corona virus. There were no significant changes, so I as a trader even though quarantine was not a problem because crypto traders did work
at home. No need to move outside the home, to trade crypto only requires a mobile phone and the internet.
I do not feel the effects of the corona virus on crypto trading, because there is no connection between the corona virus and the world of trading.
If you don't believe, please doing your own research, pay attention to the movement of the crypto market before the corona virus occurs and after
the corona virus. There were no significant changes, so I as a trader even though quarantine was not a problem because crypto traders did work
at home. No need to move outside the home, to trade crypto only requires a mobile phone and the internet.
If you don't believe, please doing your own research, pay attention to the movement of the crypto market before the corona virus occurs and after
the corona virus. There were no significant changes, so I as a trader even though quarantine was not a problem because crypto traders did work
at home. No need to move outside the home, to trade crypto only requires a mobile phone and the internet.
The effect of coronavirus on trade is really already felt.
It has already took place, all what we are after now is for everything to come back normal but the hint of it all is that this pandemic will still be here for a long time.
At the present time, it will be a little difficult for newbie to enter the trading market due to this Corona virus. Because everyone financial situation is very bad at this time, it is very difficult for them to invest in the trading market.
I dont think old traders will have any problem at this time because they are already investing. For those who have family problem in this situation, if they withdraw money from trade market and if the people want to come again it will be a little problem for them.
I dont think old traders will have any problem at this time because they are already investing. For those who have family problem in this situation, if they withdraw money from trade market and if the people want to come again it will be a little problem for them.
The effect of coronavirus on trade is really already felt.
How? Can you explain to us? Because i don't see any relation right now between trading and the Covid-19. Maybe the economy is a basis for some people to perform trading but it doesn't directly affect it.
The economy is surely a huge factor because it is the basis of the market situation whether it is good to perform a trade or not.
The effect of Covid-19 in terms of market and the economy is really can be felt right now due to the stock markets that are crashing.
These factors can really affect the price of cryptocurrency that you are going to trade but that's not that serious that it will bring huge drop in its price.
The effect of the covid-19 is evident in all the markets worldwide, it was logical, it is fundamental, the emotions were evident, even even the gold fell a little, those traders who took advantage of the fall were many, all important event in The world will have an effect on the market for both Bitcoin and everyone.
I agree and I believe the price that dropped recently after corona was dominating had something to do with covid-19 too because people were feeling like the world has come to an end and there was panic all around. In fact, I heard a lot of miners stopped and such rumors were imminent.I believe the crypto trading is eventually not influenced too much though because there were positive and negative both type of trades, while some wanted to sell their coins to liquid their situation and get some money rolling in times of no jobs and scarcity while at the other hand there were guys who saved much more money by cutting out on their spending so they were positive and buy bitcoins and hence I believe eventually it was just neutral overall talking of the impact of pandemic on trading for crypto.
If you want to have more knowledge, read newspaper daily and watch bloomberg instead of boasting around on the Forum
In general, COVID-19 does not have much influence on this market and until now, the crypto market has remained stable during this period. I think people are too scared when it comes to this disease and if there is a vaccine then the situation will become more positive. Of course, it will take a lot of time, and we are not sure anything when investing, so it is best to sit still instead of choosing to invest in this period.
If you are unsure then it's much better to keep your money and observe more, don't take any steps if you arenot sure, this pandemic virus are affecting people both physically and mentally.
I do think that this is the best time to invest because most prices are experiencing dip and I think that is an opportunity for many to purchase stocks or sometimes crypto at a lower price.
Everything will depends from how you percept the future, there's always opportunities if you know and understand
how to handle every single risk that you might experienced.
The effect of coronavirus on trade is really already felt.
Well, not all markets are affected, stock will be hit hard because they are physical companies that need workers while cryptocurrency is not affected, the people that are panic selling are probably regretting their decision.In general, COVID-19 does not have much influence on this market and until now, the crypto market has remained stable during this period. I think people are too scared when it comes to this disease and if there is a vaccine then the situation will become more positive. Of course, it will take a lot of time, and we are not sure anything when investing, so it is best to sit still instead of choosing to invest in this period.
Exactly, the prices are not dictated by the pandemic maybe some people that are selling needs the cash because they need to sustain their needs in this dire times, vaccine would dramatically change things permanently because we will be marked with an unforgettable lesson. I do think that this is the best time to invest because most prices are experiencing dip and I think that is an oppurtunity for many to purchase stocks or sometimes crypto at a lower price. 
The effect of the covid-19 is evident in all the markets worldwide, it was logical, it is fundamental, the emotions were evident, even even the gold fell a little, those traders who took advantage of the fall were many, all important event in The world will have an effect on the market for both Bitcoin and everyone.
I agree and I believe the price that dropped recently after corona was dominating had something to do with covid-19 too because people were feeling like the world has come to an end and there was panic all around. In fact, I heard a lot of miners stopped and such rumors were imminent.I believe the crypto trading is eventually not influenced too much though because there were positive and negative both type of trades, while some wanted to sell their coins to liquid their situation and get some money rolling in times of no jobs and scarcity while at the other hand there were guys who saved much more money by cutting out on their spending so they were positive and buy bitcoins and hence I believe eventually it was just neutral overall talking of the impact of pandemic on trading for crypto.
Why there are so many threads like this? What does BTC and crypto trading have to do with COVID-19? Like affecting it's price and make traders panic because of the economic collapse?
I don't think it affect that much, and traders keep trading like the normal days. While the economy collapsed, cryptocurrency and blockchain have benefited more from it. Before the lockdown happened here in my city, Bitcoin was treading water from $5k to $5.5k.
Now we're treading water at $9k to $9.5k range and blockchain-related jobs, virtual events and demand have surged even more.
There is a link between trading and Covid 19. For example, during this lockdown, number of players have significantly increased in online and live casinos. That was the result of people staying at home for a long time. Logically, same should apply to trading and yeah, that happened. When you are stuck at home and think about other possibilities to earn money, trading will be the most common thing you'll see online. So this made a lot of people interested in trading and as a result volume has increased a lot.I don't think it affect that much, and traders keep trading like the normal days. While the economy collapsed, cryptocurrency and blockchain have benefited more from it. Before the lockdown happened here in my city, Bitcoin was treading water from $5k to $5.5k.
Now we're treading water at $9k to $9.5k range and blockchain-related jobs, virtual events and demand have surged even more.
Price is a whole different subject because there happened opposite of what people were thinking and saying. Bitcoin was able to be stable in such a hard moments. I think COVID proved to people that bitcoin is different from their centralized USD and there is some light in it.
Meanwhile, covid 19 will make both postive and negative impact on the market but its the level of every individual understand and trust in the market will determine what will happen.
positive effects is still high compare to the negative effect of covid because people are more aware in crypto . this include new people that havent know crypto before , those that leave crypto can still come back soon and if that happens crypto will now become powerful than before .
the price is the same because like i said earlier there are people that sell and there are people that buy . the only thing that improve is the awareness which is still a win win situation .
I see the corona effect only occurs at the beginning of March...
...
Although there is a tendency to guide this type of question, on the negative side, the reality is that its effect has been positive on the volume of trade if we compare it with the same period of the previous year, which has been greater, seeking a comparison that allows us to have an objective look to use an external agent like covid 19.
You are right, last year's trading volume can be compared with the current year. the corona effect is not so influential in the crypto market.Although there is a tendency to guide this type of question, on the negative side, the reality is that its effect has been positive on the volume of trade if we compare it with the same period of the previous year, which has been greater, seeking a comparison that allows us to have an objective look to use an external agent like covid 19.
The effect of the covid-19 is evident in all the markets worldwide, it was logical, it is fundamental, the emotions were evident, even even the gold fell a little, those traders who took advantage of the fall were many, all important event in The world will have an effect on the market for both Bitcoin and everyone.
I agree and I believe the price that dropped recently after corona was dominating had something to do with covid-19 too because people were feeling like the world has come to an end and there was panic all around. In fact, I heard a lot of miners stopped and such rumors were imminent.I believe the crypto trading is eventually not influenced too much though because there were positive and negative both type of trades, while some wanted to sell their coins to liquid their situation and get some money rolling in times of no jobs and scarcity while at the other hand there were guys who saved much more money by cutting out on their spending so they were positive and buy bitcoins and hence I believe eventually it was just neutral overall talking of the impact of pandemic on trading for crypto.
Does it affect your trading? I personally could say that liquidation is very low right now which means it both affects trading but also doesn't as well. It does effect it in the sense that people are not trading as much as they used to which drops the volume and liquidation and that means it is more vulnerable towards manipulation however that is only viable because people are afraid of trading to begin with.
It also doesn't because people who are not afraid and still want to trade just goes out and trade it, sure it was a moment when it dropped and went high again and that is due to covid but right now that is gone and people who trade right now have nothing to do with corona at all. That is why I think people who are affected are effected but the ones who are not continues like nothing happened.
It also doesn't because people who are not afraid and still want to trade just goes out and trade it, sure it was a moment when it dropped and went high again and that is due to covid but right now that is gone and people who trade right now have nothing to do with corona at all. That is why I think people who are affected are effected but the ones who are not continues like nothing happened.
Why there are so many threads like this? What does BTC and crypto trading have to do with COVID-19? Like affecting it's price and make traders panic because of the economic collapse?
I don't think it affect that much, and traders keep trading like the normal days. While the economy collapsed, cryptocurrency and blockchain have benefited more from it. Before the lockdown happened here in my city, Bitcoin was treading water from $5k to $5.5k.
Now we're treading water at $9k to $9.5k range and blockchain-related jobs, virtual events and demand have surged even more.
There is a link between trading and Covid 19. For example, during this lockdown, number of players have significantly increased in online and live casinos. That was the result of people staying at home for a long time. Logically, same should apply to trading and yeah, that happened. When you are stuck at home and think about other possibilities to earn money, trading will be the most common thing you'll see online. So this made a lot of people interested in trading and as a result volume has increased a lot.I don't think it affect that much, and traders keep trading like the normal days. While the economy collapsed, cryptocurrency and blockchain have benefited more from it. Before the lockdown happened here in my city, Bitcoin was treading water from $5k to $5.5k.
Now we're treading water at $9k to $9.5k range and blockchain-related jobs, virtual events and demand have surged even more.
Price is a whole different subject because there happened opposite of what people were thinking and saying. Bitcoin was able to be stable in such a hard moments. I think COVID proved to people that bitcoin is different from their centralized USD and there is some light in it.
Meanwhile, covid 19 will make both postive and negative impact on the market but its the level of every individual understand and trust in the market will determine what will happen.
positive effects is still high compare to the negative effect of covid because people are more aware in crypto . this include new people that havent know crypto before , those that leave crypto can still come back soon and if that happens crypto will now become powerful than before .
the price is the same because like i said earlier there are people that sell and there are people that buy . the only thing that improve is the awareness which is still a win win situation .
Why there are so many threads like this? What does BTC and crypto trading have to do with COVID-19? Like affecting it's price and make traders panic because of the economic collapse?
I don't think it affect that much, and traders keep trading like the normal days. While the economy collapsed, cryptocurrency and blockchain have benefited more from it. Before the lockdown happened here in my city, Bitcoin was treading water from $5k to $5.5k.
Now we're treading water at $9k to $9.5k range and blockchain-related jobs, virtual events and demand have surged even more.
There is a link between trading and Covid 19. For example, during this lockdown, number of players have significantly increased in online and live casinos. That was the result of people staying at home for a long time. Logically, same should apply to trading and yeah, that happened. When you are stuck at home and think about other possibilities to earn money, trading will be the most common thing you'll see online. So this made a lot of people interested in trading and as a result volume has increased a lot.I don't think it affect that much, and traders keep trading like the normal days. While the economy collapsed, cryptocurrency and blockchain have benefited more from it. Before the lockdown happened here in my city, Bitcoin was treading water from $5k to $5.5k.
Now we're treading water at $9k to $9.5k range and blockchain-related jobs, virtual events and demand have surged even more.
Price is a whole different subject because there happened opposite of what people were thinking and saying. Bitcoin was able to be stable in such a hard moments. I think COVID proved to people that bitcoin is different from their centralized USD and there is some light in it.
Meanwhile, covid 19 will make both postive and negative impact on the market but its the level of every individual understand and trust in the market will determine what will happen.
Three months after your question, the time has served to answer you, more than any prediction that the first users who answered could make, certainly some very correct in their guesses.
Although there is a tendency to guide this type of question, on the negative side, the reality is that its effect has been positive on the volume of trade if we compare it with the same period of the previous year, which has been greater, seeking a comparison that allows us to have an objective look to use an external agent like covid 19.
Although there is a tendency to guide this type of question, on the negative side, the reality is that its effect has been positive on the volume of trade if we compare it with the same period of the previous year, which has been greater, seeking a comparison that allows us to have an objective look to use an external agent like covid 19.
Why there are so many threads like this? What does BTC and crypto trading have to do with COVID-19? Like affecting it's price and make traders panic because of the economic collapse?
I don't think it affect that much, and traders keep trading like the normal days. While the economy collapsed, cryptocurrency and blockchain have benefited more from it. Before the lockdown happened here in my city, Bitcoin was treading water from $5k to $5.5k.
Now we're treading water at $9k to $9.5k range and blockchain-related jobs, virtual events and demand have surged even more.
There is a link between trading and Covid 19. For example, during this lockdown, number of players have significantly increased in online and live casinos. That was the result of people staying at home for a long time. Logically, same should apply to trading and yeah, that happened. When you are stuck at home and think about other possibilities to earn money, trading will be the most common thing you'll see online. So this made a lot of people interested in trading and as a result volume has increased a lot.I don't think it affect that much, and traders keep trading like the normal days. While the economy collapsed, cryptocurrency and blockchain have benefited more from it. Before the lockdown happened here in my city, Bitcoin was treading water from $5k to $5.5k.
Now we're treading water at $9k to $9.5k range and blockchain-related jobs, virtual events and demand have surged even more.
Price is a whole different subject because there happened opposite of what people were thinking and saying. Bitcoin was able to be stable in such a hard moments. I think Covid proved to people that bitcoin is different from their centralized USD and there is some light in it.
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