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Topic: What will be the next movement in the market - page 7. (Read 1191 times)

full member
Activity: 1177
Merit: 102
Actually this time very bad crypto market with also in the world every countries for pandemic covid19. In fact nobody can't said that which situation will come in the crypto market. Our country still available lockdown and stay we in home, so everyone already received long free time without notice out jobs.
So i hope more people now want job in crypto market so investors and holders will increase mate. So we can follow us next situation.
jr. member
Activity: 1708
Merit: 3
Looking at the current global situation right now nobody can say what the next movement in the market will be.The global pandemic has put everything on hold from bussiness to everything else.We just hope this comes to an end soon so that all things will be back to normal again and the crypto-market will recover from this situation.
member
Activity: 257
Merit: 10
I think the same. Four months passed but we don't have any vaccine for coronavirus yet, every country in locked down! So, people are not earning, so, this pressure will fall in every financial sector, crypto too! Comparing other markets, I must say crypto is doing good, but still, price can go to lower again like 3800$!
full member
Activity: 1078
Merit: 104
GoMeat - Digitalizing Meat Stores - ICO
Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?

It is already affecting cryptocurrency but the comforting thing is, unlike other markets like stock, cryptocurrency market is still standing  and proving better. Like you said, it is true that people will sell or already selling to fiat to meet up with their personal needs at the same time, it is also true that since this pandemic people are still finding reasons to hold on to crypto. So my thought is, there is always reasons to be involved with crypto and crypto will recover just like it always do.
hero member
Activity: 938
Merit: 500
https://youengine.io/
Definitely this pandemic covid19 crash the economy of several country and that's a factor that affects the situation of crypto market. Maybe after this pandemic the crypto market would be stable again and back into a good situation, hoping for the recovery of the crypto market.
After this pandemic ends, I believe that everything will be hurt, and they need a lot of time to recover to their original state. But this market is not affected too much by Virus and I believe it will recover this year
It will recover but we can't say when, the market behaviors of crypto industry always been like this, though this pandemic crisis really hurt the whole
world economy and it takes time for anyone to bring new investment after this.
Only those who good in analyzing situation will be able to ride and earn from this market as it's needed to have good future views to anticipate your position.
Indeed, now it is becoming easier to make money on Altcoin if you actively trade. This is due to the fact that the dominance of Bitcoin is quite high - it is 65%.
full member
Activity: 944
Merit: 101
PredX - AI-Powered Prediction Market
Definitely this pandemic covid19 crash the economy of several country and that's a factor that affects the situation of crypto market. Maybe after this pandemic the crypto market would be stable again and back into a good situation, hoping for the recovery of the crypto market.
After this pandemic ends, I believe that everything will be hurt, and they need a lot of time to recover to their original state. But this market is not affected too much by Virus and I believe it will recover this year
full member
Activity: 2324
Merit: 175
Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?

I've checked the market after reading your thread and market is better now than last month when the Pandemic started, it's getting stable right now, maybe because a lot of countries and companies are pushing for the vaccine that will fight this virus at least 20 companies are doing this right now, so the market is slowly moving up and steadily.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
I think the next movement in the market will be the uptrend if there is no bad news out there. But if there is bad news, then we might see another downtrend of the market which can make people panic for temporary. I don't expect too high for the next movements, but I prefer to wait for more for what will happen with the market so I can make something related to the current situations. Besides waiting, I also try to trade for making more money in these situations because I need cash to fills my daily needs.
sr. member
Activity: 1568
Merit: 283
Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?
You sound like you are completely wrong with your speculation. Crypto markets just had some extra fluctuations due to corona virus but it seems it had recovered from that panic right now. Bitcoin must be the central point of entire crypto space which means we can really analyse where that the total crypto space is heading just by simply analyzing bitcoin markets.

If you consider the recent market movements happened in bitcoin market, then you can be confident about strong bullish market in coming days. One supporting reason for bitcoin to remain bullish must be its upcoming halving. It seems all the panic and the chaos due to corona outbreak have been settled down slowly so markets may start getting back to its tracks at any time.
hero member
Activity: 1946
Merit: 502
Bull market on its finest. The world is suffering from.corona but  see the market today it keeps on recovering and going strong.  Bull run before the halving will surely happen this year
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?
We already felt the impact but still the virus will affect cryptocurrency, but it should be on a good side right now since the economy are dropping and people have no more choice but to buy more gold, silver and BITCOIN. We can’t know the next movement of crypto market, time will tell and the halving is approaching so expect at least a positive pump before that.
member
Activity: 1204
Merit: 11
The current market condition looks quite good and I think this is happening because mostly crypto community is getting much aware and responsible they have understood that falling in panic is not a worthy way If this momentum continues then we may expect more positive growth of the market.
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?
It's not will but corona has already affected cryptocurrency and remember when crypto especially bitcoin was getting a big dump. The opposite thing could happen when some people need money and they can do a trade to get profit to be able survive in this pandemic. There was a lot of possibilities dude.
hero member
Activity: 1932
Merit: 506
Betking.io - Best Bitcoin Casino
Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?
Yeah the virus really affect the market that is why we have experienced the biggest decrease in just a short period of time but right now we are starting to push upward again the market for the past days that it decreases. The green market that we are experiencing right now is a good sign that bitcoin halving is making a good impact even if we are currently facing a pandemic right now and many countries are imposing a lockdown in their area.

There is a big chance that the graph will continue to increase until we will hit the halving, so we can expect a green market in the following days if this will continue as bitcoin is already 7k$ plus which is good from 6k$ plus in the past days.
sr. member
Activity: 658
Merit: 268
bullsvsbears.io
Definitely this pandemic covid19 crash the economy of several country and that's a factor that affects the situation of crypto market. Maybe after this pandemic the crypto market would be stable again and back into a good situation, hoping for the recovery of the crypto market.
It is not really the pandemic that affected the market price of cryptos or the market situation itself but thr actions made by people in order for them to be saved from the situation, more of an indirect effect. Many investors pulled their investments the moment lockdown procedures have been implemented because their daily needs should be more prioritized. And that I think is the primary reason of the recent decline in the market price. But I doubt that the situation would continue because we can already observe recovery to both crypto industry and people of diffetene countries at this moment.

Definitely this pandemic covid19 crash the economy of several country and that's a factor that affects the situation of crypto market. Maybe after this pandemic the crypto market would be stable again and back into a good situation, hoping for the recovery of the crypto market.
In reality what is seen is that the current co-pandemic19 has destroyed all of the company's production activities in a number of countries which could have resulted in the economic downturn in all sectors including the cryptocurrency space sector.
Indeed, the economic status of different countries have been reflected to this industry which is not surprising to know. The recovery in the market price of cryptos might be a sign that those who were negatively affected by the recent problem are also starting to recover.
Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?

No direct correlation between the pandemic and the price movements in crypto market. In fact, the people in crypto space has already gotten over the panic selling of essential stuff including few crypto assets as we all prefer to have cash in our hands in this dire situation. The market is slowly recovering now, maybe because of the halving that turns optimistic people to buy again at the lowest possible figure.
As the number of infected people grow, I didn't notice any relevant movements of the price over the last few days.

Most people have bought bitcoin and crypto as an investment. Though some of the unfortunate may need to sell their coins due to financial situations, most have crypto as one of the ways of saving and investment. Most people would get through with what they have and won't sell the coins on loss as it's a market that can correct faster than any other.
To put it simple, that financial situation is what we are seeing at this moment. In some places, this situation promotes survival.
copper member
Activity: 658
Merit: 402
Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?
Based on what I see and experience, due to the effect of coronavirus, it brought down different markets and everybody thinks that it will cause crypto to fall but right now its quite in the good condition and bitcoin is now step up again to the price of 7,000$. Not all people will gonna sell their crypto including me and I guess I'm gonna sell it if I badly need the money but right now I still stick to my plan which is to hold it. Probably, some of the investors, traders, and holders already sacrifice their crypto to sell. It's hard to track the movement of the market and for me, I'm still believing for the better market in which bitcoin will go up again to 10,000$.

But as much as I can, I'm trying to hold my coins since even with this vague situation, because I still believe that this year is a good year for bitcoin.

sr. member
Activity: 493
Merit: 250
IDENA.IO - Proof-Of-Person Blockchain
Definitely this pandemic covid19 crash the economy of several country and that's a factor that affects the situation of crypto market. Maybe after this pandemic the crypto market would be stable again and back into a good situation, hoping for the recovery of the crypto market.
In reality what is seen is that the current co-pandemic19 has destroyed all of the company's production activities in a number of countries which could have resulted in the economic downturn in all sectors including the cryptocurrency space sector.
Covid-19 was really terrible and caused the whole economy to collapse in just a short time. I don't know when this epidemic will end, but in general, without the vaccine, this epidemic will forever exist in the human world. The crypto market is also affected a lot but not by much and will certainly recover soon if the situation gets better.
sr. member
Activity: 1498
Merit: 326
Vave.com - Crypto Casino
Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?
Maybe your right. But think also those who are die hard fans of crypto and serious to earn from this huge dump? Many whales are anticipating this and their only concern is of course profis.

Im also affected by this crisis as my work has been set to irregular and on and off basis. But as much as I wanted to sell of my crypto, Im also thinking of the benefit on holding it since I have still funds to spare for consumption in this locked down times.

But of course not everyone has same situation and I understand them if they will sell a bit but not all will risk losing the chance to hold especially if the price goes so high after this covid shit.
hero member
Activity: 2576
Merit: 579
Definitely this pandemic covid19 crash the economy of several country and that's a factor that affects the situation of crypto market. Maybe after this pandemic the crypto market would be stable again and back into a good situation, hoping for the recovery of the crypto market.
In reality what is seen is that the current co-pandemic19 has destroyed all of the company's production activities in a number of countries which could have resulted in the economic downturn in all sectors including the cryptocurrency space sector.
legendary
Activity: 3094
Merit: 1069
DGbet.fun - Crypto Sportsbook
Looks like the corona virus will affect cryptocurrency too, I think that price will fall a lot, because people will need money and will sell Crypto, what are your thoughts about that?

No direct correlation between the pandemic and the price movements in crypto market. In fact, the people in crypto space has already gotten over the panic selling of essential stuff including few crypto assets as we all prefer to have cash in our hands in this dire situation. The market is slowly recovering now, maybe because of the halving that turns optimistic people to buy again at the lowest possible figure.
As the number of infected people grow, I didn't notice any relevant movements of the price over the last few days.

Most people have bought bitcoin and crypto as an investment. Though some of the unfortunate may need to sell their coins due to financial situations, most have crypto as one of the ways of saving and investment. Most people would get through with what they have and won't sell the coins on loss as it's a market that can correct faster than any other.
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