Post
Topic
Board Speculation
Re: bitcoin is supposed to go up of this corona! people are doing it wrong
by
CaVO32
on 18/03/2020, 23:52:15 UTC
this global pandemic is here to stay


No it isn't, it will be contained soon, this is a global emergency so the smart people in the world are definitely looking for the cure that they will be releasing soon. Bitcoin is supposed to rise but not when its result is tied with the global situation, people panic so they are cashing out, same thing happens here, it would only be okay if its not a global pandemic, but it is, a serious struggle for all of us and at this time, our needs matters most than an investment.
Yes people are in serious problem and not only single person but the whole world is suffering. So we should all be together and fight against this issue. About bitcoin we can see the price is dump so its better to keep holding and waiting for it. Those who have money they should try to keep buying and later on you will get chance to have more profit.

We can't blame those crypto users that are selling some of their portfolio as they may have urgent needs to address. With so many businesses closed, they need to prepare themselves for the worst and not be trapped without a fight. if someone can afford to buy crypto without hurting anything, like their financial capability during this crisis, i guess this is a good opportunity for them. but for those who are selling, it is understandable actually. We all have different needs so you can't tell someone that you are doing something wrong with your decision.