Post
Topic
Board Altcoin Discussion
Re: What will be the next movement in the market
by
danggoron
on 03/05/2020, 20:13:56 UTC
I think that the opposite of what you think will happen. As you can see, the crypto market is now in the process of recovery from the previous decrease in price that happened last March. Even if people will need their money, investors are still holding their crypto, they don't easily pull out their investment that easily.
True, some experts argue that the sharp decline in March was only a massive sell-off simultaneously by most investors. The aim is to get fresh money, in anticipation of losing the value of their assets, it can also be used as funds to face a crisis, however, basic needs must still be met. Moreover, this is a difficult time, many people lose their jobs, various activities are restricted. This is the importance of having reserve funds, savings, and side jobs. Hopefully, this is a lesson for us all to prepare everything when facing difficulties.