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Quote from: Crazyworld on April 26, 2020, 09:36:19 PM

I believe in Bitcoin in the long run, but when I heard about the unemployment rate because of Coronavirus increasing every week, I feel worried. How it will affect the crypto world?

Update 2020.04.29:
I do not reply to each member for this discussion because it can make the topic nonsense with my comment. Instead of that, I will summarize here:
Thanks for all the responses.
In general, some people worry about the job, lack of money, but most of the comments are positive about the crypto market.

Crytpto maybe will be chaos. People will sell their assets because of the economy go down fast. But, we must not pessimist. Because we should believe this pandemic will be vanish soon. I can not imagine what will going to be happen if this pandemic stay growing up.

Why do you immediately consider a very bad scenario? The fact is that difficulties today arise primarily due to quarantine and isolation, because people are sitting at home and do not have real opportunities to replenish their home budget. Based on this, I positively consider the impact of the situation with the coronavirus on the cryptocurrency market, since the current situation in which people are located can attract these people to invest in trading in the cryptocurrency and other activities in the cryptocurrency market. As for panic, if we examine the effects of coronavirus on people's health more carefully, people don’t die from the coronavirus, but their diseases, the state of which has worsened, and the law of the virus.

With so many people working from home, they will try to trade online and earn money and cryptocurrency can be an alternative way to make money because the price movements are quite attractive. As long as I am able to analyze price movements in the market, I think everyone can make a profit