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Ahmedabdallah12

Most markets has been bleeding these days

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On 3/13/2020 at 1:53 AM, Ahmedabdallah12 said:

As all of us know that the global economy had been affected by corona virus today crypto also was affected most coins dumped also bitcoin dumped to 5500 and that damaged all predicts that there will be a bullrun before halving will we see more dumps? maybe give usyour opinions what will happen 

I think we would see more dumps in crypto market upto the solution of coronavirus problem. Because every country is going to locked down day by day. So commercial activities are stopped. Businesses would open again after finding the solution of coronavirus. So many dumps we would see yet. And bullrun would only take place after solving this problem.

Edited by Opinder
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Nobody knows exactly what will happen, if you are a long-term trader, I advise you to be patient and do not make any move. As for whether you are a daily trader, only seize opportunities.

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Yes, the Korona virus, one in all the largest outbreaks humans have skilled in recent years, has badly affected the economies of nations. Due to the virus, buying department shops, cafes and restaurants were closed in many countries. So many stores had been closed. Therefore, this process negatively affected the crypto global.

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After a month of this huge fall of cryptocurrency we see only positive growth and as always this fall was only temporarily as everything is recovering right now.

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Yes , now all crypto coins are now in red . They are going day by day decreasing their price . Big investers are going out from market so market get crash right now . Some coins are still in profit zone .

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When the Corona crisis ends, the situation will return to the way it was before. Do not worry that it is a bad period and it will pass. But keep up the work and do not follow the news frequently because it will exhaust you.

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Since the beginning of the year 2020, crypto markets, in addition to the international commercial markets, have witnessed very large bleeding, as the prices of cryptocurrencies decreased a lot, and the price of bitcoin reached $ 4,000 

The reason for this was the Corona pandemic, but everyone believes that the market will fully recover and prices will rise again after the half event ends

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Yes few days back all crypto market face bearish conditions all market indicates red colour, because corona virus is destroyed  crypto market and so many countries crisis, but now crypto market is stable at the prices of 7000$ dollars, hope soon bitcoin hit 10000$ mark after halving.

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I think the the slump of the economy is not something that the world will be able to readily recover from and as such the crypto world might face a bit of resistance in terms of price increases as well. But from what i see, after the dump bitcoin has been able to rise to a reasonable price and regain some sort of stability which i think is great for the currency. Furthermore with halving events just around the corner, i think that the value of bitcoin will increase and that even though the price may not be as high as previous predictions, that there is going to be major opportunities in the future.

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After these events that occurred in the previous weeks, it is possible that the price will overlook what it was like to the half-limits for this year, and after reaching that level, the price may rise in a weak and slow rate. And there are other possibilities that hold the Bitcoin currency to criticize the position towards the global economy


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52 minutes ago, kabanidze said:

Before the virus appeared, bictoine finally took a step and began to cost $ 10,000, it has such a price very rarely and is difficult to achieve. After the virus entered the market, bitcoin managed to drop more than 2 times. The virus greatly affects the market, we must not forget about it.

It is necessary that there are no crowds, more than three people. These protective measures are very effective against coronavirus. But I think it will end soon. And the fact that bitcoin is priced at $ 7,162 today is explained by the fact that bitcoin is becoming stronger. 

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You are right  my friend  we all know that bitcoin and  all crypto currencies  or real currencies  or bleeding due to carona  virus. But now this good  sign that crypto  currencies  rising  back  now.

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Well, this is happens because of the virus called corona virus because this virus is very dangerous and many people are now being infected and died from this, and this is also affected the market because no one will work from stock market so that of of the currencies are being dumped.

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Actually the pandemic affected many things not only cryptocurrencies, even other countries fiat currency decreased too, but recently I think bitcoin has gotten free from the pandemic because even when the virus seems to be serious, bitcoin price  is rising bit by bit.


 

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On 4/19/2020 at 6:07 PM, Honny143 said:

Yes few days back all crypto market face bearish conditions all market indicates red colour, because corona virus is destroyed  crypto market and so many countries crisis, but now crypto market is stable at the prices of 7000$ dollars, hope soon bitcoin hit 10000$ mark after halving.

It always happen when we encounter some bad news, and market will crash because of that, it the coin is really strong then I think it will recover and stays in the market.

Edited by DokAgsikap
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If the market goes down, it will take a long time to recover, but if the number of investment increases, the market will go up very quickly. There is bloodshed in most markets these days but it will soon become stronger as the price of each currency rises.

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Yes, all markets are in a state of descent and serious instability that may lead you to lose all your money if you do not trade wisely so you advise to wait..

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Cryptocurrency losses have exceeded more than $ 700 billion, since the beginning of this year until now, amid concerns about imposing regulatory restrictions on these encrypted assets.

Edited by SuperCrypto

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Price volatility are part of this crypto world as price of every coin depends on the demands and supplies. This crashed due to virus are unexpected but should be anticipated,as one factor affects its price is the current situation of the world. 

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Thats true, corona virus may be affected the price of bitcoin and thats why it was badly drop in the few past days, but we don't have to worry because the halving is near and the price will start to grow again.


Time is the ultimate weapon!

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As you above said  global economy has been affected by coronavirus. It also has been main reason of damaging all predicts about BTC and also altcoins. But in my estimation it will not take long time, we can see right prices in the near future. 

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Indeed, if we look at the issue from a neutral perspective, the global economy has been collapsing lately, Bitcoin has been relatively resilient to all of these collapses.

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Although bitcoin has been in the halving for quite some time now, bitcoin has not increased in value so far. Bitcoin price increased quite slowly. for a long time bitcoin has not surpassed $ 7,000. indeed bitcoin should be pumped more.

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Exactly due to the coronavirus most of the countries are suffering from a huge loss in their activities and Crypto world is also suffering from it but nowadays we are seeing a good rise in the price of Bitcoin from few days as the rates of Bitcoin have increased upto 7500$.

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It was tough times, no one knew where we were going, many people made big losses and some made profits from daily market fluctuations in the range of more than 25%

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