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Topic: Is it true that Corona Virus may effect trading? - page 9. (Read 1737 times)

hero member
Activity: 2814
Merit: 518
People had to prior their needs and health assurance rather than prioritizing their trading carrier. Some areas where safe from the situation might doing it but because of a huge number of an affected individual, we can expect to see like this.

It might put into question why it drops knowing that there is no transfer of viruses because we are doing it online? Yes, it was but people that performing such actions are in troubled and trying to escape from getting infected and find a place to stay forcing them to hold in trading for a while.
full member
Activity: 1008
Merit: 101
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
No, I don't think so that coronavirus can affect the value of bitcoin as even now bitcoin is famous all around and people know bitcoin the same way. I know its hot discussions in the market about coronavirus but still, bitcoin has value as a trading coin. People are stoking and saving to trade for the long term and I am also trading normally as I have been trading.
sr. member
Activity: 1050
Merit: 377
Personally, I do not understand how coronavirus can interfere with trading.
Will it infect the servers of all major exchanges and disable them?

Even if the market continues to fall, it will only open up more trading opportunities for traders.

You can express your ideas here or in a branch devoted to various kinds of ideas.
legendary
Activity: 3136
Merit: 1122
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Is it true that Corona Virus is affecting Cryptocurrency trading?

I'll answer you with another question:

- if you had a deadly disease, would you think about staying at the computer doing trade or would you withdraw your money to pay for your needs and give to your family?

If so then I have some ideas which may help to prepare the vaccine in short period of time to control the Corona Virus.


vaccines follow a long process, there is no way to accelerate this process, would you be happy to have a vaccine that has not gone through a long process with good results?

However I am unable to find a forum where I may share my ideas.

if you have that knowledge, then you can go on the TV channels that they love exclusive news
full member
Activity: 994
Merit: 101
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.

In my opinion yes it dose. No doubt this virus effect on hole world economy system, so in my thought of course it dose effect on trading no matter it's crypto or stock trading. Crypto still not use like FIAT money. Clearly still fiat money popular than crypto so if fiat currency strangling for virus than of course it dose effect on trading platform.

I don't know you are trying to steal some attentions or not but if you have ideas about vaccine then why don't you contact in right place like WHO or at least your countries health department. Why you are finding a forum to share thoughts.?
sr. member
Activity: 1400
Merit: 269
Cryptocurrency trading wont get affected because all you really need to do is set on your chair and stare on your PC and the guys doing the maintenance of the trading exchanges are possibly working at remote or in a isolated cubicle, so trading is business as usual.

For me the perfect vaccine is to stay indoors until scientist finds the cure.
hero member
Activity: 1302
Merit: 503
I also didn't believe initially that the virus could ever affect trade but now truth Coronavirus has definitely affected the whole market and therefore the price of each currency within the market has dropped significantly. Businesses are spending days in frustration but if the new vaccine developed by the Coronavirus is effective it are often cured and therefore the market will return to its former location.
- Indeed, the global economy is facing a huge pandemic, many businesses have been forced to temporarily close, which has a strong impact on the economy, many people sold crypto in panic to hoard more food during this period. In addition to these negative issues, we should remember that the number of traders who are at home is very high, they will manage and monitor this market more often, that makes it harder for us to make money because whales will make more traps when the number of players is too crowded and too easy to be affected by the collapse
full member
Activity: 812
Merit: 104
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I also didn't believe initially that the virus could ever affect trade but now truth Coronavirus has definitely affected the whole market and therefore the price of each currency within the market has dropped significantly. Businesses are spending days in frustration but if the new vaccine developed by the Coronavirus is effective it are often cured and therefore the market will return to its former location.
sr. member
Activity: 396
Merit: 250
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.

corona virus has effected all markets for sure , you have ideas that will help in preparing the vaccine faster ,how would you do it , are you a scientist

I saw news today that first test for vaccine for corona virus is started today and it might take 1 year to available for public use if teat goes well . and I saw in interview that this is done through new technology too
hero member
Activity: 1722
Merit: 528
It is affecting some of the traders now.

I don't know about other countries but in our country, I am so surprised that stock exchange suspends trading here because of the Corona Virus. You could just read all the details here.

https://business.inquirer.net/292739/philippines-suspends-stock-market-trade-over-virus-fears
sr. member
Activity: 1148
Merit: 268
I agree with you it is true that the Corona virus has an impact on the business The condition of the market is much worse now than before The crypto market has lost its status in every business frustration. And as the price of each currency has dropped significantly many are leaving the crypto market Many have stopped trading because the businessmen lost their capital.
sr. member
Activity: 1540
Merit: 255
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 are seeing most of the market is affected by the Corona Virus, worldwide market losing its value which makes most of the share market and cryptocurrency market losing value. Corona Virus is really affecting the market because the effected rate is kept increasing.
hero member
Activity: 2604
Merit: 816
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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.
Even the experts are not yet successful in creating a cure for this virus which is making a lot of people lose their lives. OP should never spread a fake awareness about creating a vaccine for this virus as it might even create a strong hope for the families of the infected ones.

This virus is been declared as a global cause and even the president of the US declared a national emergency for corona virus. Foreigners are been treated as a threat in each of the nation which is almost loosing humanity. Also corona virus has highly infected the stock markets as well as the crypto markets. People are moving their money out from such markets just to be prepared for what comes next.

I am sure that in the future, we will see a cure for this virus so that many people will get help from the vaccine. Many countries finally declared a national emergency for the Corona Virus as many people become infected because they don't want to see their people get to suffer because of that virus. Maybe that is why the market is down this month, and many people want to be ready for anything that might comes by having money first so they can buy something for their lives.
legendary
Activity: 2996
Merit: 1188
Technically speaking it shouldn't, I mean trading has nothing to do with corona but that is technically. When it comes to emotions a lot of people actually worry that the economical crisis that is about to come because of corona will cause so many horrible situations that we will need A LOT of money to pay for these, I personally wouldn't want it to happen but that looks like the case that is about to happen and that is what people are afraid of as well.

So, when people are afraid that their money will be gone and everything will be more expensive and life will be harder, what did they do? They sold their stocks, golds, bitcoins and everything they had to stay in cash so they could simply pay for stuff with the cash if they ever get any trouble finding money otherwise.
legendary
Activity: 2884
Merit: 1117
Leading Crypto Sports Betting & Casino Platform
I seriously doubt bitcoin could get a leeway just because it is digital. People have been doing online shopping for over a decade now and everyone who gets their products with digital payment via online shops can still use their credit cards to pay, so bitcoin is not the only thing that is corona-free payment.

However, it is weird that it was affected, I suppose there are a lot more wall street money involved in crypto than we realized, maybe all of that 20k times was the moment they decided to get in, there are times when they get out and get back in so this was probably some time they got out.

Hopefully, they will realize their mistake and start accumulating more after this but I wouldn't rule out gradual increase instead of all in from them since it is really hard to go all in when you are in that much trouble.
hero member
Activity: 1806
Merit: 720
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When this op was written, no one would have thought this would be the market situation. But the reality is that the Corona virus has made an affected in the crypto market As it has put it all in the economic market. Many, including myself, thought the crypto market would go up because of the Corona virus news. Because there was a lot of good news coming out for the crypto market. As a result, all the traders had the confidence that the market would pump huge. But the Corona virus panic has dumped the market.
legendary
Activity: 3458
Merit: 6948
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Are we going to connect the Coronavirus to pretty much anything now?
Five days after OP wrote his post here, I'd say it's a good bet that pretty much anything in the financial world is going to be linked to it--and I think for good reason, too.  The stock market is getting pounded, metals are getting pounded, everything is going down the tubes.

But hey, I think it's a great buying opportunity for those who have balls of steel and some cash.  I have the former but definitely not the latter, which is unfortunate.  In any case, bitcoin will survive this but yes, the coronavirus is certainly going to be affecting crypto trading.  That should be obvious at this point since bitcoin is teetering at the $5k level and all of the altcoins I follow are getting slammed.  Right now people shouldn't be selling; they should be buying, because that's how you make money.
sr. member
Activity: 1568
Merit: 283
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.
Even the experts are not yet successful in creating a cure for this virus which is making a lot of people lose their lives. OP should never spread a fake awareness about creating a vaccine for this virus as it might even create a strong hope for the families of the infected ones.

This virus is been declared as a global cause and even the president of the US declared a national emergency for corona virus. Foreigners are been treated as a threat in each of the nation which is almost loosing humanity. Also corona virus has highly infected the stock markets as well as the crypto markets. People are moving their money out from such markets just to be prepared for what comes next.
hero member
Activity: 2912
Merit: 642
It was the stocks which was affected greatly by this messy virus.
It had gone viral and spread all over the world that people are beginning to panic.

Effects could be pulling out their investments and exchanging it to cash just so they could buy their necessities in case something worse would happen in the next few weeks.
People are starting to panic which is like a domino effect to others.
They are buying all the stuff to preserve their lives and stacking it all at wherever place they keep it.

It might have affected crypto currencies for I believe some of the traders also did sell for cash.
sr. member
Activity: 2618
Merit: 335
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.
Corona virus is almost affecting each and every financial monetary system present on the entire globe. It has already created a panic globally. I've made a deep research about the epidemic and also the cure to this. It would take more than a year to create a vaccine for preventing corona virus. The virus is recently been emerged having no actual cure.

If you have the idea of preparing the vaccine in short period of time than you should not waste even a single minute and get to the work as many lives are been lost because of this deadly virus. 4000+ people are already dead and the number of infected ones is really huge. Most of the cities are on lock down. Schools and colleges are shut down. This is really creating a huge mess.
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