Trading in the pandemic - page 2. | Bitcointalksearch.org

yohananaomi

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Quote from: kramchers on November 06, 2020, 09:10:28 AM

In the first place, cryptocurrency trading is not affected even pandemic happened. Why? it is because the market was too unpredictable and We all knew this. That's most of the crypto enthusiast still can do earn in everyday of their lives. Which is true, due to I also experienced that too during pandemic so I am very grateful that I have a little bit idea about cryptocurrency.

yes, as you said that there was no significant effect on crypto during the pandemic even though it was said that many people were just at home, there would be an increase in crypto, also there was no visible increase in impact that occurred.

During a pandemic, of course, there are also many who make a priority scale to use their money because during a pandemic, of course there is a lot that needs to be removed from normal conditions. those who run, it seems that those who already have deposits in their wallets and are already familiar with crypto, for beginners, certainly won't do that because of the risks that you might not want to experience during the trouble due to the pandemic.

jaberwock

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I find all these staking, nodes, defi, dex and many more stuff that we are doing right now including smaller stuff like liquidity providing and other stuff all became this much famous because of the pandemic as well.

Two core reasons why pandemic affected these things, first of all it was because we had a lot more time within our hands which allowed people who already liked crypto world and were involved to be involved even more, we had to go to work, come home, cook food and many other stuff and had very limited time versus now we are all at home (well not anymore maybe but we were) and that gave us time to check crypto in more depth.

Second reason would be a lot of people were unemployed but there were people who either were unemployed or employed who had money and they saw that economy went very badly while crypto could be a savior of their wealth so they all got involved with these new investments to save themselves.

Fredomago

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Quote from: barbara44 on November 04, 2020, 11:50:44 AM

Quote from: Fredomago on October 26, 2020, 05:05:00 AM

With having more time since the pandemic is really avoiding people to go out gives them
more closer to understand and to learn how this market works and how they can ride and earn.

Trading is not something you could do and be good just because you have more time. I understand that people do not go outside and have trouble with work and so forth doesn't mean that they will automatically become like a great trader all of a sudden.

The reason why you are not a great trader is not because you do not have the time for it, the reason is most likely you are not good at it is because you do not know how to be a good one. What changed right now could be the fact that people have more time and instead of trying to be a trader by trading, if they spent the early few months on studying and researching and basically learning how to be a good trader, you would have been a good trader but if you didn't do all of that and just jumped right into crpto trading you would lose even with 24 hours fully free.

Got the point there. There are people who really don't belong to this market, or to this type of business. trading is not for everyone
and like you what have said even you have time.

If you are not doing anything good better to assess yourself, invest with your knowledge learning things is not a shortcut there are struggles and so many losses that you may experienced.

This pandemic brings you chances to seek for more understanding as you use your time while you
are still at home working with more information to learn this venue of investment.

kramchers

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In the first place, cryptocurrency trading is not affected even pandemic happened. Why? it is because the market was too unpredictable and We all knew this. That's most of the crypto enthusiast still can do earn in everyday of their lives. Which is true, due to I also experienced that too during pandemic so I am very grateful that I have a little bit idea about cryptocurrency.

Benefactor

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I think cryptographic money day by day exchange has no set of experiences to allude or view for rehashed event. Aside from purchasing a specific coin when it drops to hodl and exchange when cost begins expanding. Exchanging the pandemic can furnish us with another occasion to have another pay source while numerous individuals lost their positions out there, so we can at present bring in cash to purchase our every day need.

Inkdatar

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A lot of people lost their job because of this pandemic and most people find ways to create income to earn money. Also, adopt crypto to trade during this pandemic time, before they start trading they should know the process and the risks of the market since the price here is volatile. Study the market because gaining knowledge is very important as this will guide you during your trading journey. Training during pandemic is also a big help but with risks and with advantage since in this industry are a lot of opportunities to earn.

Vaskiy

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Quote from: AliMan on November 05, 2020, 04:56:38 PM

Quote from: maldini on November 05, 2020, 02:12:35 PM

budgetary numbers looked shocking so there were huge loads of nations around the globe that permitted this to proceed with which is the reason we are not doing that well. Aside from purchasing a specific coin when it drops to hodl and exchange when cost begins expanding. Yet, separated this purchasing low and selling after at some point, I truly don't see a set of experiences.

These days is not good enough to see trading to be efficient since the pandemic hasn't overcome. World crisis really affected our monetary system including cryptocurrency, because the circulation of money always depend with it. Most particular traders always look on the demand of each coins within an exchange volume which is very important factors. Holding an asset is the only ways to survive.

Maybe thats the real market situation, and people aren't good enough to be into cryptocurrency trading for different reasons. In my country during the pandemic people have looked for alternative ways to make an earning. This has made lot many to land into cryptocurrency trading. How effective is their earning ? I'm not sure of it, but the pandemic has driven more common people towards cryptocurrency usage.

AliMan

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Quote from: maldini on November 05, 2020, 02:12:35 PM

budgetary numbers looked shocking so there were huge loads of nations around the globe that permitted this to proceed with which is the reason we are not doing that well. Aside from purchasing a specific coin when it drops to hodl and exchange when cost begins expanding. Yet, separated this purchasing low and selling after at some point, I truly don't see a set of experiences.

These days is not good enough to see trading to be efficient since the pandemic hasn't overcome. World crisis really affected our monetary system including cryptocurrency, because the circulation of money always depend with it. Most particular traders always look on the demand of each coins within an exchange volume which is very important factors. Holding an asset is the only ways to survive.

dunfida

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Quote from: Fredomago on October 27, 2020, 10:53:24 AM

Quote from: dunfida on October 26, 2020, 06:40:40 PM

Quote from: Fredomago on October 26, 2020, 05:05:00 AM

Quote from: gwdf1 on October 25, 2020, 02:58:58 PM

Trading during this time seems to me something more productive. Some people are still locked at home, and they have more free time than ever. If they do not do anything, they will simply get stress and depression. Trading cryptocurrencies will be one of the best solutions of the problem.

That added the impact, when people are desperate to find ways to earn they will look to each side and by learning this market, they will start to bring their investment inside.

There are many reason why people are going to trade since they've seen potentials they will keep on trying to enhance their knowledge to have more opportunities from this venue of investment that they've found.

With having more time since the pandemic is really avoiding people to go out gives them
more closer to understand and to learn how this market works and how they can ride and earn.

Everyone is free to learn up the market but the question is, does everybody have that funds on testing it out? Would be they willing on spending some bucks while they do learn?
Trading with your first tries will be likely to be on loss since we are just complete newbie.Do this assure that those people will stick with the market? It will be a on two outcome
neither they would stay and continue or they would completely stop and wont turn back.Trading is indeed a viable option to take but we know that this one ask out
some money for you to start on thats why testing with small amounts and learning on the process is much more recommended.

Well said, we don't know how those people will react after experiencing losses coming from their first try, as we know to the fact the value of money during this pandemic situation.

There's no assurance but for people who really paying attention to every opportunities, losing can be afford just to broaden the experienced.

It's matter of how determine a person to take this route and treat it as venue to
earn real money, take the risk and succeed or quit if you don't see any future ahead.

Hard to say that you would just simply quite just because you had experienced some losses with your few tried.Main mistake for some people is that they do easily quit with that level of loses.
Well, money is indeed precious specially now on this pandemic situation where its mainly needed and important.Its up to someone though if he can still afford to lose or not on engaging with trading.
This isnt a thing for everybody because some will find it beneficial and some will just treat it as an other object to be an option but not everyone would really be pleased with the results.
So in next step then they do quit and never came or look back and just continue to find for another alternative which they do believe that it might work for him/her.

Lordhermes

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Quote from: AnonBitCoiner on October 11, 2020, 05:45:51 AM

In the beginning the trade was collapsed with the pandemic situation.People lost their job,so they used all their holding assets for the living expenses.This collapse was get into some good phase now.People had start the trading with empty hand,so we can expect huge demand in the market.The price of major coin like bitcoin,will reach his maximum value soon.

Many major news and incidences had caused down collapse on the crypto market so many times, the fall down ICO by China government was the first to affect the market drastically before the bull run in 2017 and after a short time the market regains her stability, same happened in the pandemic period that both affected cryptocurrencies and stock market and forex market entirely but the crypto markets regains her stability again and I t seems the new ATH on bitcoin us getting to be observed this year at it reaches $15,000 so there is no way the crypto market would be totally affected even if the total bitcoin is mined out. Actually people lost their job and picked in the interest of considering crypto markets which shows positive impact on the market until this day.

maldini

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budgetary numbers looked shocking so there were huge loads of nations around the globe that permitted this to proceed with which is the reason we are not doing that well. Aside from purchasing a specific coin when it drops to hodl and exchange when cost begins expanding. Yet, separated this purchasing low and selling after at some point, I truly don't see a set of experiences.

Dorodha

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While the price of everything has dropped in this epidemic situation the price of Bitcoin has risen. Trading in epidemics is becoming very popular everyone is holding on because of the rising price of Bitcoin. The crypto market is rising a lot the price of Bitcoin is expected to rise further. As its price rises so will the prices of other currencies in the crypto market. Trading in the pandemic is why long-term investment in Bitcoin is more risky than trading.

Btc_1856

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Quote from: Janation on November 04, 2020, 09:07:30 PM

This pandemic proves how great Bitcoin is.

At the start of the pandemic, the price increased and we first met $10K this year. After that, the price went down not knowing what happened and what will happen, people kept on holding, and right now, we are at $13K. We don't know what the future holds, all we know is that Bitcoin is not directly affected by this pandemic and people should take advantage of it.

Really, Bitcoin has already proved itself as one of the finest investment because even in this pandemic, the price of Bitcoin is still increasing and this makes Bitcoin proved it to hold the Bitcoin in the long term. Even in the pandemic situation, we should be very careful with the altcoin situation and they are very risky.

Janation

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This pandemic proves how great Bitcoin is.

At the start of the pandemic, the price increased and we first met $10K this year. After that, the price went down not knowing what happened and what will happen, people kept on holding, and right now, we are at $13K. We don't know what the future holds, all we know is that Bitcoin is not directly affected by this pandemic and people should take advantage of it.

Nhebu

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Quote from: barbara44 on November 02, 2020, 01:12:10 PM

The price is going up so trading must be something good right now, if I were a trader for the past 8 months I would have probably made some money too, I am a long term investor and I did made some profits so I am happy about the situation but traders must be happy too.

The problem however lies with the fact that you could also lose money with trading as well, for example you could have bought at around $12k back early in June and could have sold at $10k, now that is a wrong trade and you shouldn't do that I know but we know that at least few people, probably more people did that too thinking price was going down. So, I am not entirely sure if this pandemic period was great for everyone, it must have been great for many but there must be few that lost money as well.

actually the price of bitcoin and other top altcoins are the one that goes up, but those undervalued coins they are all going down. There is always a risk in the market nowadays because of Covid-19. It isn't always a win trades for us because even in cryptocurrency, the market is affected by pandemic. It only good for whales because there are many people right now that sees trading as an opportunity to gain.

Long term holding will become beneficial if you have large holds. If you have long term coins, it will give you definitely a retirement income for the next few years as cryptocurrency becomes available and accepted all over the world.

Gibreil

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Quote from: palle11 on November 02, 2020, 02:48:50 AM

Quote from: CryptocurencyKing on October 08, 2020, 06:24:31 AM

The market as at now.

Therefore, the market though might encounter a little bumpy road, is bound to run smoothly in no time.

Trading is surely a patient thing that we should see as a game. If we play it as a game we like to enjoy as we relax then we are likely to be happy with it and observe our mistakes and be better. Yes during the peak of covid-19, trading was very difficult amidst fud of probable collapsing market but gradually, the bumpy times are fading off with the covid-19 too and market is beginning to be determined by proper analysis.

Yeah. But most of the time, traders become more stressful in trading. Specially for those traders who have no stable job and depends only to the trading income. It wouldn't be efficient to trade when you depends the bills and other expenses in your trades. We have to think that it only applies when you have a large amount or stable salary that sustain your daily needs. Trading is not a game for me because you don't have to enjoy your trades, take it seriously.

carlfebz2

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Quote from: barbara44 on November 04, 2020, 11:50:44 AM

Quote from: Fredomago on October 26, 2020, 05:05:00 AM

With having more time since the pandemic is really avoiding people to go out gives them
more closer to understand and to learn how this market works and how they can ride and earn.

Trading is not something you could do and be good just because you have more time. I understand that people do not go outside and have trouble with work and so forth doesn't mean that they will automatically become like a great trader all of a sudden.

The reason why you are not a great trader is not because you do not have the time for it, the reason is most likely you are not good at it is because you do not know how to be a good one. What changed right now could be the fact that people have more time and instead of trying to be a trader by trading, if they spent the early few months on studying and researching and basically learning how to be a good trader, you would have been a good trader but if you didn't do all of that and just jumped right into crpto trading you would lose even with 24 hours fully free.

Having more time will really create more experience yet you can deal with the market even more longer compared to those normal days where youre just too busy on some things but i cant blame out for those
who do have day job and now they had lost it due to pandemic and now theyre considering trading as an option?

Its not a bad option but be sure that you arent rushing things up because this isnt something that you can just directly sit and able to make money.Learnings will be most likely
be gain through experience which means you would need to have lots of time.

Its just not right if you do rush up on things because learning wont really be that simple and for sure to those who had recently be in trading had already broke their expectations on
making easy money.

proTECH77

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I came to discover something during the pandemic, how many traders stopped trading their coins because of what they heard about the market,that the price will soon be dumping. Many people rush to release their coins to market cheaply during the pandemic, hoping that market price will drop after pandemic.
The way the market is going now, show that cryptocurrency will soon improve to be stable as usual in the market. Many trader seem cryptocurrency,that it cannot rise more than this in this 2020.
Bitcoin is rising crypto is going down in few weeks now but according to research,crypto will take over from bitcoin before the end of this month. Cryptocurrency will still change in the market to make the trader still have faith with their trading to make sure something good come out from it.

boyptc

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Quote from: hridoyb on November 03, 2020, 12:59:33 AM

we do not know what's happening tomorrow or next but we can try to make a better life. Nowadays covid19 affected all over the world and most people are jobless As a result economy is destroyed. We heard that covid19 can attack again as result people hold money for safety and most of the trader left trading.

What do you think of trader's left trading? isn't it that they can still do it while in the pandemic? the setup is still the same and no need to change anything.

Quote from: hridoyb on November 03, 2020, 12:59:33 AM

People do not interest in buying they sell their coin and make cash

The market became even stronger and people wanting to invest more because they are starting to see the importance of having it.

barbara44

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Quote from: Fredomago on October 26, 2020, 05:05:00 AM

With having more time since the pandemic is really avoiding people to go out gives them
more closer to understand and to learn how this market works and how they can ride and earn.

Trading is not something you could do and be good just because you have more time. I understand that people do not go outside and have trouble with work and so forth doesn't mean that they will automatically become like a great trader all of a sudden.

The reason why you are not a great trader is not because you do not have the time for it, the reason is most likely you are not good at it is because you do not know how to be a good one. What changed right now could be the fact that people have more time and instead of trying to be a trader by trading, if they spent the early few months on studying and researching and basically learning how to be a good trader, you would have been a good trader but if you didn't do all of that and just jumped right into crpto trading you would lose even with 24 hours fully free.

Topic: Trading in the pandemic - page 2. (Read 1410 times)