Post
Topic
Board Bitcoin Discussion
Re: Store your bitcoin
by
Peanutswar
on 22/03/2020, 16:33:37 UTC
The crypto markets will rise again after several months says who? Your crystal ball?

No one knows and all the predictions about the rising price of bitcoin or the rising of the crypto market are just a theory that has a low chance that will come true. Even there's is no Covid19 we all aware of the situation of the crypto market which no one can predict on what will be the next movement of it. Because of this Covid19, it devastated the different markets and, we are not sure about after this pandemic the price of every cryptocurrency on the market will start to recover.

I'm aware the big dump on the market in the past few days already effect many holders (most of them is now have big losses) and if we going to defeat the virus that we face right now, is there a chance that the market will lift? or it will remain in that kind of situation. Then, I guess at this point all of us are now storing our cryptocurrency or simply we will hold it until the price recovers and gonna sell it out on the best time.

The market is too volatile and we cannot tell when is the time it comes up and down but from the previous weeks there is unexpected thing happen and this is the virus outbreak this time it really hits the stock market and the cryptocurrency market and some of the people already see this coming and they made now a decision to pull out their investment and assets and some of the people does not have any time to do that because they already make an investment when the market is too high and the only thing they can do is to hold their coins also it is a good decision because instead of losing their money because of the volatile market it is better to hold our coins because the halving is coming too.