New normal world will make crypto better - page 11.

minairia3

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Quote from: malekbaba on July 19, 2020, 03:12:09 PM

Popular Cryptos are doing better than traditional investment. Whole crypto market is doing improvement during covid pandemic where traditional businesses are suffering a lot. So large companies, banks found crypto as better field of investment and thereby most of the giants have separate arms to handle crypto assets. They are adding cryptos mainly btc, eth, defi into investment portfolio. Good days are coming if we survive through Covid19

We are lucky that crypto market cap is still not falling down inspite of covid19 situation. Traditional investments like stock are killing the economic and we can see the hit cause most investment are closing and only few got still survive. I know that the market will return to normal and crypto will continue to push forward inspite of this events.

Since then bitcoin and altcoin are growing better and improve each time. Thanks to defi whom seems to work it out.

nutriagrigia

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I don't think that now you can be sure in popular cryptocurrencies for 100%. Bitcoin is moving in a flat for a very long time and soon it will start moving. when it moves, altcoins will also change their price. I think it will be downtrend again

Barbut

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I think it's other way around, crypto can make a new normal world, because what we have now is madness, and it lasts for centuries. We need better governance and it can be achieved with the help of technology, especially crypto and blockchain. Changes already started, and we here support that idea, we just need to wait all others to join.

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Quote from: sensimilia on July 20, 2020, 01:28:44 AM

Stock market is growing too right now and this means nothing beside pumping. Covid wont help in crypto adoption, sorry

Covid helps people to discover a new way to get the money through trading on the crypto market. New normal will actually give nothing to the adoption but covid has already made a lot of newcomers were joining in the crypto trading. I have some friends that recently joining in the crypto trade too.

CHENIEN

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Based on what I see, the world of crypto is about to return to its former form, except that even if each exchange is tilted, in a prudent way our investors can survive again through the centralized effects and the level seems to rise again.

fuer44

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it's time for crypto to take over the financial system, investment, and business. because to follow the advice of the government to be at home during this pandemic, only crypto is very precise because everything can be done from home, ranging from transactions, trading, investment, and of course the bounty campaign. actually this could be the best moment for crypto to prove the great world of crypto. because even though it has passed the pandemic and new normal times, economic recovery which almost fell into the abyss of recession will certainly make the economy run slowly. and if this situation goes up to speed in just 6 months, then the global economy is in danger. it is time for the crypto industry to enter and the government supports it.

Kez1817

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Quote from: Krislaw on July 19, 2020, 03:20:19 PM

It's a good thing to see them showing interest but how soon is this going to happen? They are going to focus more on bettering their institution after this pandemic because they never really cared about crypto and all they are looking for is to regulate people's fund.

Did you noticed how fast btc recovered from 3k yo 9k? Traditional investors found crypto appealing. What if there is 2nd wave of pandemic? We need new source of income, new segment to invest. And traditional investors are aggressive investors. Money will influx in crypto from fiat. Giants will start loving crypto.

It would be nice if the government sees what cryptocurrency can do during this pandemic.And we know that this situation will last longer and the unemployed person will continue to increase.It's difficult to find a job right now because most of the companies reduced employee.Cryptocurrency could be a better way.

Shimmiry

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Since online and virtual payment is a trend that a lot of people are now paying bills and buy groceries through online, there is a chance for bitcoin and other cryptocurrency to increase its mass adoption. But it is still unsure because there are still countries that banned bitcoin, and there are some people who are still afraid to buy bitcoin and cryptocurrency as an investment.

Lantind

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Quote from: bukham88 on July 19, 2020, 11:50:36 PM

I also agree with you, because they think more about managing public funds compared to cryptocurrency and all they publish is just to improve their institutions after the pandemic.

That too much speculation will only make someone hesitant in making a decision, so can you reach out to their minds and say they are more concerned with managing public funds than with cryptocurrency funds?

maxreish

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There are tons of reasons for the crypto to be better. Everyday is a milestone. These pandemic opened opportunities for those traditional investors to put some good logic why they've to choose this kind of crypto investing. A lot of people also affected and lose their jobs, urging them to find a new way to earn, they've found out crypto to be one of their choice to save themselves.
It's a win win situation for investors and crypto.

sensimilia

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Stock market is growing too right now and this means nothing beside pumping. Covid wont help in crypto adoption, sorry

DoubleEdgeEX

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Am I the only one that despises the term "New Normal"? It sounds so 1984 or Brave New World that it makes me shudder. However, every challenge is also a chance to make things better, and it won´t be different with cryptos. There are already so many new exciting project announced that it´s inevitable that blockchain/crypto will become better, more secure, more reliable, more interoperatible. At the moment, watching the BTC chart is like watching paint dry, so why not working on a project for to make things better

joshua123

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Quote from: malekbaba on July 19, 2020, 03:12:09 PM

Popular Cryptos are doing better than traditional investment. Whole crypto market is doing improvement during covid pandemic where traditional businesses are suffering a lot. So large companies, banks found crypto as better field of investment and thereby most of the giants have separate arms to handle crypto assets. They are adding cryptos mainly btc, eth, defi into investment portfolio. Good days are coming if we survive through Covid19

Thats because its not hard to run a business related to cryptocurrency. Like employees can work at home and even do some work without much needed a personal appearance. Same with stocks but there are more convenience on using crypto as cashless while stocks cant be sell and exchange for good right away.

sfireman

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Quote from: michellee on July 19, 2020, 11:40:43 PM

Of course, people want to see the bullish market, but unfortunately, people need to wait for more because the sign of the bitcoin bullish does not come. Maybe the altcoin bullish will come first before bitcoin bullish so that we can make a profit in bitcoin, and after that, we will see bitcoin in the bullish trend. If that is the scenario, we will make a lot of money from holding the bitcoin after the altcoin bullish.

You're right! I think the altcoin bullish season will come firstly before the BTC bullish. Despite there is no sign of BTC bullish, the new event of ETH 2.0 can be a good sign for the market. We all are expecting that ETH will brings positive results to our market and it's possible. Since there are a lot of new investors come to the market, I think the trading volume of big coins such as BTC and ETH will raise dramatically. The reason is that they are two of the biggest coins in the market.

amonymous

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Right because of this epidemic covid-19 a lot of investors are moving away because they are not ready to take the risk at this time. This is usually detrimental to business and its effects are largely felt in this crypto market. But the crypto market is moving at its own pace so we can move in a better direction but maybe we have to be prepared for some time.

bukham88

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Quote from: Krislaw on July 19, 2020, 03:20:19 PM

It's a good thing to see them showing interest but how soon is this going to happen? They are going to focus more on bettering their institution after this pandemic because they never really cared about crypto and all they are looking for is to regulate people's fund.

I also agree with you, because they think more about managing public funds compared to cryptocurrency and all they publish is just to improve their institutions after the pandemic.

omnik

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Quote from: cryptonx on July 19, 2020, 06:07:06 PM

Quote from: malekbaba on July 19, 2020, 03:12:09 PM

Popular Cryptos are doing better than traditional investment. Whole crypto market is doing improvement during covid pandemic where traditional businesses are suffering a lot. So large companies, banks found crypto as better field of investment and thereby most of the giants have separate arms to handle crypto assets. They are adding cryptos mainly btc, eth, defi into investment portfolio. Good days are coming if we survive through Covid19

global economy was down because of covid19, including crypto market
in my opinion new normal will not change anything my friend, except this pandemic gone

It will not give any impact to the crypto market. even when the pandemic was still happening and the market can still survive, that means the sentiment that will be created by newnormal will not be affecting the crypto market and crypto has nothing to do with the new normal as people will still do their work from home.

michellee

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Quote from: dragon695 on July 19, 2020, 08:55:06 PM

Quote from: Japinat on July 19, 2020, 06:44:57 PM

Based on what we are seeing now, I will agree with you.

Crypto is a weak market, that's at least what the stocks investors see prior to the pandemic, but when pandemic happens, they got tested and they fail, while crypto is still stable until now, but I don't want to conclude that they'll transfer their investment here to hedge what worst could possibly happen in the future. Honestly, I am still in the stage where I am observing now, if crypto market will end with a good note this year, then probably the market is going to be bullish.

Well, it's better bullish lol! The market has been in bad condition long enough for investors to feel bored. Most traders and investors are just holding their capital without doing anything. In the past few weeks, the market started recovering which is a very good sign for us. Based on the current condition and the upcoming events, I expect the cryptocurrency to pump strongly along with another bullish season!

Of course, people want to see the bullish market, but unfortunately, people need to wait for more because the sign of the bitcoin bullish does not come. Maybe the altcoin bullish will come first before bitcoin bullish so that we can make a profit in bitcoin, and after that, we will see bitcoin in the bullish trend. If that is the scenario, we will make a lot of money from holding the bitcoin after the altcoin bullish.

Savemore

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Actually this pandemic helps me to become better trader, I do not know if I can achieve this kind of level if the pandemic did not come. I have more time on analyzing charts of many cryptocurrencies. Before I only usually check chart 2-3 times a day because I have daily work but now I can do it all the time and it helps me to become familiar to the concept, ideas and the patters in the chart.

Little Mouse

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While I have to agree that crypto specially bitcoin has shown good sign in the pandemic and have recovered fast, it does not ensure that it will have better time in the normal world. Gold price had also increased for a short time because in pandemic people used to invest on such commodity. But that does not guarantee that in normal economy gold price will increase. In normal economy such commodity will be stay stable or go downward as people will be needing more investment, more cash. However, crypto economy is yet to be cleared.

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