Post
Topic
Board Economics
Re: Corona Virus and The Effect on The Markets
by
Williams_Leo
on 07/02/2020, 14:10:55 UTC
Well, so far the price of Bitcoin has not reduced but have shown positive signs. This could mean one thing; that the majority of Bitcoin hodlers or investors are not from China. But spread across countries.
And moreover, the virus does not require investors to sell off their coins. They both seems not to correlate. Nevertheless, we hope it will be resolved soon enough.
Indeed, corona virus is becoming a fever and a topic that is discussed and researched by all countries all over the world but overall, the influence of the virus is not related to the crypto and bitcoin markets because this disease only delays traffic, limits the movement of people. While this market does not require these factors, we can stay home and participate very easily in the market, and what is very positive is that the value of the whole market is going up, I even suspect that more people at home lead to making money and investing online becomes more vibrant