Post
Topic
Board Altcoin Discussion
Re: Possible Effects of Coronavirus on the Crypto Industry
by
Yudhisthir
on 10/04/2020, 11:10:03 UTC
Definitely, COVID-19 has a negative impact on every aspect from stock market to oil industry and of course crypto currency as well all has been ruined. It is still unclear what impact the digital asset industry will have on the medium and long term, Now investors are looking more closely at their investments than before. I think this COVID-19 has disappointed us from the bull run...

Like anything else, covid would have a negative impact on the price of crypto in short time but it would be much more beneficial to crypto in the long term as people realize the need of global co-ordination and the disadvantages of both cash and fiat money. This would also soften various political stands regarding crypto regulations.