Post
Topic
Board Altcoin Discussion
Re: Crypto is not in healthy state yet
by
ningrum
on 20/04/2020, 17:08:29 UTC
More than half of the 2020 crypto conferences were either canceled or postponed due to the COVID-19 outbreak, while mining manufacturers had to stop the equipment production in China, how good is this for crypto?
If we look at it from a different perspective then you can see that all those conferences can be held online.
Also, this would encourage more people to take part in the conference because of the following reasons

1. People will have a lot of free time during the lockdown and hence they can take part in it
2. People won't have to go to the conference since they will be able to attend it online hence many people will volunteer to participate
3. People will have nothing new to do and hence this might be a new thing they learn in the lockdown



yes this is the perfect timing for the investors to study cryptocurrency because most of the people have lots of time to read on other sources of income instead of working only and the stimulus given by the government is a good start for the masses to enter the market
I'm not sure if there will be new investors entering Bitcoin, they will most likely see that the price of bitcoin falling from $ 19,000 to $ 4000 is a scary thing, but for old players it is acceptable because their money is stuck at high prices