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Topic: Trading in the pandemic - page 3. (Read 1372 times)

hero member
Activity: 1498
Merit: 586
November 03, 2020, 02:46:03 AM
Many people find it difficult to move freely because of the lockdown government has put on ground  to make sure there is a solution to end corona virus. During the pandemic crypto was like show some sign of pumping which many traders where hoping for that after covid-19 it will finally starte pump. Over few weeks now bitcoin is taking place market with a surprise to trader who never dream that bitcoin will pump by this time of the pandemic. Every trader is now busy to make they achieve a lot from this season because the condition of the market is encouraging for now.

Even through a lockdown time people may find it hard to move freely physically but a good thing to know was even were inside our home at the midst of pandemic we can still move freely in the crypto world. Its the best time to enhanced our ability in trading and to keep ourselves continue learned on our own pace. The market today was volatile but even though through the pandemic market value were irresistibly amazing.
sr. member
Activity: 826
Merit: 250
Bitgesell (BGL) Decentralized Cryptocurrency!
November 03, 2020, 01:59:33 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.People do not interest in buying they sell their coin and make cash
member
Activity: 1120
Merit: 30
Bisq Market Day - March 20th 2023
November 02, 2020, 04:03:49 PM
Many people find it difficult to move freely because of the lockdown government has put on ground  to make sure there is a solution to end corona virus. During the pandemic crypto was like show some sign of pumping which many traders where hoping for that after covid-19 it will finally starte pump. Over few weeks now bitcoin is taking place market with a surprise to trader who never dream that bitcoin will pump by this time of the pandemic. Every trader is now busy to make they achieve a lot from this season because the condition of the market is encouraging for now.
hero member
Activity: 2450
Merit: 605
November 02, 2020, 02:12:10 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.
sr. member
Activity: 1876
Merit: 318
November 02, 2020, 05:17:48 AM
I started trading for the first time in 2016, and now entering the end of 2020 I am still trading crypto. I have experienced many interesting
things in the world of crypto trading,  and crypto trading in a pandemic situation is a little strange and unique in my opinion. The price
movement of cryptocurrency is unpredictable, just imagine the first time the corona virus outbreak in March 2020 all markets  experienced
a price decline. Including Bitcoin down to $ 5000, I was hopeless to cryptocurrency at that time. But I ventured to buy Bitcoin and a few
altcoins, because 2020 there is a Bitcoin halving so optimistic the crypto market will rise. It turned out that my prediction was correct,
Bitcoin price is now nearly $ 14,000. Trading in a pandemic situation is very profitable in my opinion.
sr. member
Activity: 2366
Merit: 332
November 02, 2020, 03:48:50 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.
hero member
Activity: 2674
Merit: 585
Leading Crypto Sports Betting & Casino Platform
October 28, 2020, 11:31:44 AM
History repeats itself based on that there will always be a bull run, but that aside, when it comes to how the price actually moves everyday, it doesn’t repeat exactly the same, it goes differently. And as for the bull run, it’s normal that the bull run will be repeating itself since we are all aware that Bitcoin is still at the early stage and is still growing; the level it has gotten to now is not the level it will be in the future, it still has a very long way to go.

Lots of institutions/companies are still yet to adopt it, and they are going to do that in future. So, the market will grow more than what it is now, and I look forward to that.
hero member
Activity: 2996
Merit: 609
October 27, 2020, 03:17:12 PM
#99
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.


I agree into this sentiment where there are people who are really that serious on making their lives to have some changed nor tend to improved.It might not be an assurance

but at least they are trying their best to hit that spot and will really benefit on it.Some will surely surrender and wont plan to go ahead but some doesnt really easily surrender
and just continue in spite of losses.

People whom do succeed are to those people who do risk when they do know that theres a good opportunity or outcome that lies ahead.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
October 27, 2020, 11:53:24 AM
#98
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.
sr. member
Activity: 1848
Merit: 328
October 27, 2020, 10:41:03 AM
#97
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.
But imagine losing money at times when you are already struggling and one thing I know about trading is, when you get desperate to make money and do trades then you are almost certain to lose money. This is the reason that I am seeing trading in the times of pandemic is NOT same what we do usually.

We may go for our usual way of trading but do you do remember that more new people are participating in to trading these days as they are finding more free time to engage themselves in trading in this pandemic times, we must need to be prepared to face such high competition these days. This is what I am feeling about trading in pandemic and other than these all, we can simply go for crypto trading as per our own style.
sr. member
Activity: 868
Merit: 256
October 27, 2020, 07:19:33 AM
#96
Even there's no pandemic trading crypto is risky and not easy specially for beginners. They say history will repeat itself but its hard to rely on that, its better to have our analysis on the market so we can gain idea if there's a basis to believe in other "experts" speculation.

Nevertheless the market situation is better now compared to first quarter of this year, the time the virus scare happened. During that time many investors panic sell their coins but despite that the market managed to recover and traders was able to take profit again.

Even history repeat itself trading was still risky as it was even in the start of cryptocurrency. But as what i have observed in the market value of each altcoin today, it was a lot more better than it was in the first semester of the year where pandemic arises. Today, even trading was risky atleast you have your courage to perform it well because of the good market value possessed. Well hopefully we can generate good profit as of now, in trading we should be wise enough to play it well.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
October 26, 2020, 10:18:58 PM
#95
People left with no choice but to find work online as the majority of physical jobs temporarily suspended and the worst, others even got fired as most companies can't handle the losses they faced this pandemic.

With the stock market crash, the crypto-market stays in shape giving opportunity for others to hop in.

Although the difficult part was to learn the basics and despite numerous losses on their trial period, others succeeded. It shows that even for a non-experienced trader, anyone can be a good one later on as long as they are serious pushing on it.
sr. member
Activity: 2422
Merit: 343
October 26, 2020, 09:29:35 PM
#94
Interestingly since the real life outside that we could go out and earn money is in bigger danger than inside at our own home, trading is one of the safest jobs in the entire world right now that people are forgetting about. Sure there are other business that you can do, twitch streamers are getting 2x more followers and viewers these days than they used to, there are people who started working at home due to getting fired at around march that actually build a whole business in the past 7-8 months, it is enough time to see if something is a liable business or not in 8 months and if you could make money from it.

So, trading during pandemic is very smart, not because you could make a lot of money, you can never know that, some may make millions while others lose it, but we all know it is safer in health part of the sense to stay at home in front of a PC.
Sorry but to disagree with you saying the "Trading is the safest job in the work" because in real life and base on my experience, can't tell that way instead of saying as the risky job. Maybe you are saying that trading will help us keeping away from being infected with the virus outside but when we talk about money risk, too risky, really.

People got this option because they do nothing at their home. People are taking the risk in trading because of some attractive talks about trading, about making money easily that is why trading becomes very popular nowadays.
legendary
Activity: 3122
Merit: 1140
October 26, 2020, 07:40:40 PM
#93
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.
sr. member
Activity: 1988
Merit: 322
October 26, 2020, 05:50:39 PM
#92
how long will be above 12k this time?
For quite sometime and maybe forever because the worst phase in the market is already been spanned out and Bitcoin held strong during time when everything was falling so this shows signs of the future price as now the market starts getting more stable and the price of bitcoin might reach some all time high values.

the problem was last year and 5 years before we didn't face this pandemu, so of course the situation will change because it concerns global economic issues, and whether the crypto market will not be affected by this, then will history still be the same as in previous years.
The bitcoin market was indeed affected by this pandemic but gladly the price held strong and now moving nicely as the effect of the pandemic diminishes slowly but surely.
legendary
Activity: 2422
Merit: 1102
October 26, 2020, 05:05:24 PM
#91
Interestingly since the real life outside that we could go out and earn money is in bigger danger than inside at our own home, trading is one of the safest jobs in the entire world right now that people are forgetting about. Sure there are other business that you can do, twitch streamers are getting 2x more followers and viewers these days than they used to, there are people who started working at home due to getting fired at around march that actually build a whole business in the past 7-8 months, it is enough time to see if something is a liable business or not in 8 months and if you could make money from it.

So, trading during pandemic is very smart, not because you could make a lot of money, you can never know that, some may make millions while others lose it, but we all know it is safer in health part of the sense to stay at home in front of a PC.
hero member
Activity: 1288
Merit: 504
October 26, 2020, 11:05:27 AM
#90
That's the thing about the pandemic, a blessing in disguise on traders. Whole the rest of the world's economy is in jeopardy, with lockdown and curfew rules been propounded and effected in most nations, people are going to look for some other way to invest with little or no barrier.
An environment to conduct your business at your time and convince and the pandemic has pushed people to discovering these opportunities which reflects why the market would be experiencing a boom as per volatility even when other economies crumble.

That's the opportunity trading offers and traders have. Where you can earn big based on your investment with zero moderation and tax payment except a little token to exchanges/broker for using their platforms.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
October 26, 2020, 06:05:00 AM
#89
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.
legendary
Activity: 3248
Merit: 1128
October 26, 2020, 05:54:37 AM
#88
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.
I'm just afraid because crypto trading is not that easier like to make use of your free time so that you can get into crypto trading and making profits. As far as I am concerned crypto trading must need lots of preparations and dedications so that you can make profits. If you start crypto trading just for the reason of killing your boredom then you may not get good results but definitely you can enjoy your time regardless of you will be making profits or losses.

of course the situation will change because it concerns global economic issues, and whether the crypto market will not be affected by this, then will history still be the same as in previous years.
We cannot assume that this crypto market is not being affected by pandemic conditions worldwide. Because, every business and every individual across this globe got affected by lockdown and pandemic situations which has already reflected into crypto markets as well. Still, due to its unique capabilities, we can be sure about quick bounce back of bitcoin market so that it will have a new ATH at any time.
full member
Activity: 680
Merit: 103
October 25, 2020, 03:58:58 PM
#87
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.
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