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What is your analysis about crypto prices.

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Some economic analysts are predicting a big post in digital currencies as they enter corporate currency markets. Moreover, cryptocurrencies are subject to transactions on global exchanges. This can add more credibility to the blockchain, increasingtheir use as an alternative to traditional currencies.

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I can answer that prices will rise and I will be 50 percent right. The cryptocurrency market as a whole is very volatile and it is difficult to predict in a short period of time what will happen to it. In the long term, major currencies will rally, but there will be many falls and scams among the new ones.

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Not only did the costs of cryptocurrencies drop, because the whole world economy was declining within the previous period which was associated with the Corona virus.

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Yes the main reason for the downfall of the crypto currencies is because of this pandemic which not only made loss to the digital currencies but also to the every sector 

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PBut there are some real world situations that prevent that happening right now and looks like that they will keep going worse before we can start. People are protecting their real world assets and don't have time for experimental currencies right now. 

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hello friend of cryptotalk this is very good to analyze cryptocurrencies and it is always necessary an analysis prior to starting to trade since this way we will know which currency is better to carry out a trade and thus obtain profits within the world of cryptocurrencies which is what We love it and it is what we have come to learn from the wise and from those who have experience in this, so for me, after a fall, comes the rise, as well as that it could be experiencing a correction in cryptocurrencies so I think it's time to buy and then sell at a good price. Thanks again friend for starting this topic so good in the forum.

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today crypto market trend is good and sustainable position due to covid 19 market is stable now .

investor are putting money in good projects and making good profits 

btc market cap is also increasing around 11k .  

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from my brief experience, I can say that the market will suffer a decline, given the increase in covid cases in the world.

After this moment there will be a very evident price increase.

 

The problem is knowing what the minimum peak will be.

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Yes crypto prices are getting low because of this coronavirus pandemic and it is affecting all the digital currencies and in every sector ot is causing problem

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I analyze the price only by resistance and support zones, watch youtube there are so many analysts predicting movements, but almost no one guesses, since the market always goes against the majority so that the minority can make money.

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The decline in digital currency prices can have many reasons, but one of the most important reasons for the decline in the price of digital currencies seems to be the corona virus, and until this virus is controlled, prices will still be unstable and unpredictable.

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The cryptocurrency market is unpredictable and we can only speculate about it. Due to the virus market went down, the next wave might not make an impact on tokens. 

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crypto moves like a mountain. mountain up and down. So i think we had a little mountain now and next year there will be a large one

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I suggest some ways to analyze crypto token before investing in it:

- Scrutunize the token's whitepaper.

- Assess the team behind the project.

- Check out the project on social media.

- Ascertain legality issues.

- Verify if the token's project is solving a major problem.

- Find trusted people.

- Get abreast of the token's project announcements.

- Timing.

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Yes, the winter season is the season of declining cryptocurrencies because companies reduce investments, students are also busy studying, and most people are busy with jobs, so the prices of cryptocurrencies decrease due to the lack of demand for them.  Bitcoin fell in April of this year to about $ 4,000 due to the lack of demand for it and it was a winter season. You should take advantage of the period of low prices of cryptocurrencies and buy them.

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Prices have dropped and much more will drop because in addition to the virus now the economic crisis will affect us but I do not live in fear at this time because I see an opportunity to buy with low prices and increase my profits much more at the time that everything explode again

 

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Cryptocurrency has a good price, because now is the perfect time to buy these coins, a day will come when everything will get expensive, I love the current price.

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Price is very relative. This prices 5 years ago would have been incredibly high. Maybe prices nowadays will be incredibly low compared to the prices in a future, is something that we cannot know

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It is natural that currently crypto has fallen a lot, because a few months ago, a lot of crypto has increased to 200-300%, as well as btc, since the end of 2019 to 2020 btc has increased by 200%, and now the price of btc and crypto is being corrected after the increase, many people also sold theirs crypto due to the corona virus which is getting worse and not finished yet

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Cryptocurrency price isn't determined by good or bad news , it is determined by the amount of demand and supply in the market, the whales are the ones in charge of the price control. So it has low relevance to good or bad news although bad situations make a lot of people panick and sell their crypto which could indirectly affect the price.

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Cryptocurrencies are so volatile and depend on cryptographic factors to exist, sometimes I have seen predictions from experts in the field that are wrong, despite their deep knowledge on the subject, I think it is difficult to predict

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Crypto prices are highly volatile and during this pandemic they have shown to be pretty stable. The biggest price increase will come when the Fed is going to devaluate the dollar. 

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It is common with all the financial markets of the world. Prices go up and comes down. It will definitely sky rocket again in the future. Make use of this opportunity to accumulate now that it is cheap. 

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Even though the market is currently bleeding to death, I don't think it will be long before we see them shine again, maybe in November/December we will see them start to recover.

 

Edited by Alfonzuelo
I got the wrong publication

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