However, trading of crypto currency is not affected by this pandemic although most of the economy in all countries are a bit sideways due to the sudden lockdown to avoid spreading the virus. But I'm surprised when Trump tweet about both with his wife had the Corona virus and that's just suddenly plummet the market thus I conclude that he has some connections to the stocks and crypto market.
Anyway, this pandemic is taking too long since most of the scientist around the world aren't done making the vaccine that could stop from spreading the virus. That's why it can't be helped since the more we exposed ourselves outside the more likely we'll get the virus although safety precautions have handed around the world to minimize from spreading.
Topic: Trading in the pandemic - page 8. (Read 1410 times)
The market as at now.
Cryptocurrency trading is largely based on history with activities repeating itself every now and then with traders who are able to analyze correctly seem to always win the day. In the first and early phase of the coronavirus pandemic, a lot of trading activities dropped, causing a rather significant change in price of which seemed threatening and logical to watch out for in light of the resurfacing of the pandemic for a second time. This has left most traders in disarray as they tend to exchange their coins for stable coins and also withdraw from the market.
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Cryptocurrency trading is largely based on history with activities repeating itself every now and then with traders who are able to analyze correctly seem to always win the day. In the first and early phase of the coronavirus pandemic, a lot of trading activities dropped, causing a rather significant change in price of which seemed threatening and logical to watch out for in light of the resurfacing of the pandemic for a second time. This has left most traders in disarray as they tend to exchange their coins for stable coins and also withdraw from the market.
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That is good point here. Not only the crypto currencies but many assets like commodities, stocks, metals and shares has got affected with this pandemic. Seriously we have seen two types of effects here, I mean I have seen shares tearing apart while metal like Gold risen in it's value crazy high!!
Surely it is most weirdest year ever for any kind of investment. I mean whether they are from the crypto space or from the real currency trading platforms. All of them suffered equally. However, let us not forget crypto currencies are still holding up pretty nicely here when rest of the economy is going down. It's strong pillar of investment right now.
The market as at now.
Cryptocurrency trading is largely based on history with activities repeating itself every now and then with traders who are able to analyze correctly seem to always win the day. In the first and early phase of the coronavirus pandemic, a lot of trading activities dropped, causing a rather significant change in price of which seemed threatening and logical to watch out for in light of the resurfacing of the pandemic for a second time. This has left most traders in disarray as they tend to exchange their coins for ...
Cryptocurrency trading is largely based on history with activities repeating itself every now and then with traders who are able to analyze correctly seem to always win the day. In the first and early phase of the coronavirus pandemic, a lot of trading activities dropped, causing a rather significant change in price of which seemed threatening and logical to watch out for in light of the resurfacing of the pandemic for a second time. This has left most traders in disarray as they tend to exchange their coins for ...
As to the history issue, I think cryptocurrency daily trade has got no history to refer or look upon for repeated occurrence. Except for buying a certain coin when it drops to hodl and resell when price starts increasing.
But apart this buying low and selling after sometime, I really don't see a history. It is not clear at the main what controls the cryptocurrency market, so I can not trace such to history.
Check all the price history of Bitcoin from the beginning and what usually happen when the market experience huge traffic or increase in mining difficulty, you will see that the price of Bitcoin will pump.In trading, history is what you look at to take an order decision like forex trade but I don't see that exactly with cryptocurrency.
The samething happen in cryptocurrency but not everytime and thats because of the volatility of crypto. 
The market as at now.
Cryptocurrency trading is largely based on history with activities repeating itself every now and then with traders who are able to analyze correctly seem to always win the day. In the first and early phase of the coronavirus pandemic, a lot of trading activities dropped, causing a rather significant change in price of which seemed threatening and logical to watch out for in light of the resurfacing of the pandemic for a second time. This has left most traders in disarray as they tend to exchange their coins for ...
Cryptocurrency trading is largely based on history with activities repeating itself every now and then with traders who are able to analyze correctly seem to always win the day. In the first and early phase of the coronavirus pandemic, a lot of trading activities dropped, causing a rather significant change in price of which seemed threatening and logical to watch out for in light of the resurfacing of the pandemic for a second time. This has left most traders in disarray as they tend to exchange their coins for ...
As to the history issue, I think cryptocurrency daily trade has got no history to refer or look upon for repeated occurrence. Except for buying a certain coin when it drops to hodl and resell when price starts increasing. But apart this buying low and selling after sometime, I really don't see a history. It is not clear at the main what controls the cryptocurrency market, so I can not trace such to history. In trading, history is what you look at to take an order decision like forex trade but I don't see that exactly with cryptocurrency.
There is no way to know what will happen in the future but obviously we are going to do better. This virus can't just kill everyone in the entire world, we will not allow that, if things got even worse we would basically just have martial law type of strict survival situations and humanity would have fixed itself.
The only reason why this has even gone thus far is economy, normally it wouldn't have taken this long to recover neither, but the financial numbers looked horrible so there were tons of countries around the world that allowed this to continue which is why we are not doing that well, if everyone closed borders and lockdown was global and nobody went out unless they need to, we would have fixed this in few months at most , but economy needed us and we needed money so everyone went back to work.
The only reason why this has even gone thus far is economy, normally it wouldn't have taken this long to recover neither, but the financial numbers looked horrible so there were tons of countries around the world that allowed this to continue which is why we are not doing that well, if everyone closed borders and lockdown was global and nobody went out unless they need to, we would have fixed this in few months at most , but economy needed us and we needed money so everyone went back to work.
The market as at now.
Cryptocurrency trading is largely based on history with activities repeating itself every now and then with traders who are able to analyze correctly seem to always win the day. In the first and early phase of the coronavirus pandemic, a lot of trading activities dropped, causing a rather significant change in price of which seemed threatening and logical to watch out for in light of the resurfacing of the pandemic for a second time. This has left most traders in disarray as they tend to exchange their coins for stable coins and also withdraw from the market.
But then, this is most likely and should not be the case as the first phase of the pandemic met a world with zero preparation or anticipation for that level of damage, causing a drop in drastically all economies in contrast to now when, all is in plan to tackle it at its best and reduce damage to a minimum. Therefore, the market though might encounter a little bumpy road, is bound to run smoothly in no time.
In other to keep this simple, I'll refer you to a topic I posted in biginners and help to help biginners and traders better understand how to keep an eye on the market to make the most out of it.
Post URL: https://bitcointalksearch.org/topic/analysis-for-biginners-5280759
And I really hope that it helps.
Cryptocurrency trading is largely based on history with activities repeating itself every now and then with traders who are able to analyze correctly seem to always win the day. In the first and early phase of the coronavirus pandemic, a lot of trading activities dropped, causing a rather significant change in price of which seemed threatening and logical to watch out for in light of the resurfacing of the pandemic for a second time. This has left most traders in disarray as they tend to exchange their coins for stable coins and also withdraw from the market.
But then, this is most likely and should not be the case as the first phase of the pandemic met a world with zero preparation or anticipation for that level of damage, causing a drop in drastically all economies in contrast to now when, all is in plan to tackle it at its best and reduce damage to a minimum. Therefore, the market though might encounter a little bumpy road, is bound to run smoothly in no time.
In other to keep this simple, I'll refer you to a topic I posted in biginners and help to help biginners and traders better understand how to keep an eye on the market to make the most out of it.
Post URL: https://bitcointalksearch.org/topic/analysis-for-biginners-5280759
And I really hope that it helps.
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