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Interest is increasing in cryptocurrencies due to corona

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People are increasingly interacting with cryptocurrency exchange services amid the continued proliferation of coronavirus.
Is this evidence of the clear positive impact of the epidemic on global crypto markets.Due to many are wary on using physical currency,that might ve the carrier of virus,they shift to crypto currency as analternative and due to lockdown,where inmany people are obliged to stay at home without work

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23 minutes ago, Readmm said:

That's right, because during quarantine and a pandemic, people had much more time to do something new, so people went to the crypt.

I hope that crypto does not end up screwing them over though, as they are new to this field and they came at very bad time.

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On 4/15/2020 at 7:42 PM, Laboni said:

It's not just because of Corona, but it's also increasing interest in cryptocurrency. Currently, many have left crypto because of Corona. But interest in crypto is increasing because of the government of every country now supporting crypto. That's why the demand and investment of crypto is increasing.

But I think the corona really has a big impact on it. 

We can say it because the previous price of the bitcoin in the market really goes down, good thing it now rising up. 


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Yes you are right the interest is increasing due to corona virus, the confinement make people to have the time and to know cryptocurrency advantages and to see that is real and they can collect some extra income with it.

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2 hours ago, Readmm said:

Well, I do not agree, now is not such a bad time in the crypt, so the most important thing is that they have a desire.

We do want crypto users to increase but if they come here out of desire without knowing at least the basics of dealing with crypto they will surely lose and once that happens they lose hope to invest again, now we do not want that now do we?

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In my view the price is going up becauyof this factor , as people are buying Crypto and specially buying Bitcoins and also those working in real estate maybe investing in Crypto too so in lockdown we should take this opportunity and invest in Bitcoin.


NOTHING I SAY IS FINANCIAL ADVICE. YOU SHOULD USE YOUR MIND ,FOR YOUR MONEY,

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33 minutes ago, Readmm said:

If we talk about beginners who invest in everything that they see without having studied the most basic, and then, after one failure, immediately give up, then rather they themselves are to blame for this.

You know people never find it in themselves to blame themselves, they need someone else to blame and we who introduced them to the crypto world without proper introduction or warnings are to blame for their failure.

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The impact of the epidemic will no longer fall on Bitcoin Bitcoin prices are now rising and will rise further upfront. Corona's interest in cryptocurrency is growing because now many people are spending their helpless days working on crypto and want to solve their financial problems.

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36 minutes ago, Laboni said:

The impact of the epidemic will no longer fall on Bitcoin Bitcoin prices are now rising and will rise further upfront. Corona's interest in cryptocurrency is growing because now many people are spending their helpless days working on crypto and want to solve their financial problems.

Many people turn their assets in crypto and they gain there interest in here.

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1 hour ago, Laboni said:

The impact of the epidemic will no longer fall on Bitcoin Bitcoin prices are now rising and will rise further upfront. Corona's interest in cryptocurrency is growing because now many people are spending their helpless days working on crypto and want to solve their financial problems.

There is no quick easy way to earn in crypto, so what do you think these new comers do when they join crypto world?

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If everything is totally lockdown, then the major concern will be back to digital world where they can work from home and earn as they quarantine themselves at home, it is like an advantage to cryptocurrency

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Interest in cryptocurrency is growing not only because of Corona but also because the crypto market will improve further and the price of each currency will increase. In that case, those who left the crypto market are coming back to crypto to make a profit.

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2 hours ago, Readmm said:

From a psychological point of view, it turns out that way, but I believe that in order to become successful, you need to learn how to look for problems in yourself.

But only when we have given them proper introduction we can then leave them to it, you cant tell people to buy bitcoin when bitcoin is at ATH and leave them to  figure out for themselves that it is at ATH that they should not buy or they should send the coin to a stable coin untill bitcoin falls again.

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due to the horrible effect of corona on human beings, people now willing to profit crypto currencies rather than using paper fiat money. I think it will turn a drastic change in using fiat money and people will be more correlated to interest decentralize crypto currencies

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concern is still growing as I worry about the corona virus and I'm sure digital money is getting an immense positive consequence from the parallel thing as cryptocurrency

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20 hours ago, Readmm said:

The most memorable lessons are your own, you need to learn from your mistakes, because in the future you will not repeat exactly the same.

I think before you learn from your mistakes you must first learn the universal materials about the filed you are dealing with, without that you wont even know that you are making mistakes.

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8 minutes ago, teminalibug said:

I think before you learn from your mistakes you must first learn the universal materials about the filed you are dealing with, without that you wont even know that you are making mistakes.

Always learn basic  of any field which you want to work making mistakes to learn is not a good choice. We have to gain knowledge to invest our time in a better way where our time gives best earning. We need to do some research and  make good plan to execute .Where we gain something rather than doing mistakes again and again.

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Yes generally public seems to be free in their home an they have no jobs so they are going to some online platform to earn something. In this process they come across platforms like this where crypto are getting.

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41 minutes ago, P A Ashif said:

Yes generally public seems to be free in their home an they have no jobs so they are going to some online platform to earn something. In this process they come across platforms like this where crypto are getting.

I think this might be even more bad for the government who have been so much hating crypto, with this interest increase in the use of bitcoin, the local currencies would suffer.

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Yes i am agree with you now a days people are at their homes they have no work to do. So they are joining crypto world to earn money which is best for crypto users. 

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Believe crypto currency and how it works people are getting to know more. The Corona virus epidemic is now having a positive impact on crypto currency as it prevents the spread of the disease. The Krasno currency is an electronic currency so it cannot spread viruses. The price was recovered quickly.

 

 

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Yes exactly it seems that the interest of users towards the Cryptocurrencies is increasing due to the corona pandemic hence the work has to be done from home so people are trying to earn by doing the activities with digital currencies which is also reflecting a positive impact on the coins.

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I think the interest in cryptocurrency is growing not only because of the epidemic but also because of the rise in the price of cryptocurrencies. More and more people are investing in Bitcoin in crypto. Many people have left the crypto market due to the bad market. But now that the price of Bitcoin has been pumped, everyone is coming back.

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It is natural for people to come running towards cryptocurrency when they are locked inside their houses. The cryptocurrencies have stood strong against the pandemic and still provides earning opportunities to its users. So more people will be attracted during this period.


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6 hours ago, deepown said:

The price just rose up to 9k, is there a chance that this could just be a manipulation and that we should sell now?

Oh we could have a little faith that this is all that we have been waiting for and keep holing a little longer, remember the markets did no have a reason to fall they were supposed to be going up before the virus.

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