Post
Topic
Board Bitcoin Discussion
Re: Does the epidemic have a big impact on Bitcoin?
by
Silberman
on 16/07/2021, 16:36:26 UTC
If I remember correctly, when Corona started last year, Bitcoin and all of Crypto was down, really down. On 8th of March, Bitcoin was around 4k, ETH $80. Just so sad that I din't buy any Crypto during that time

But I'm still glad I was able to find good projects to invest in. ADA and MATIC, for DeFi gaming, AXS, TLM and $ANRX
The prices were down but that didn't last long because the pandemic contributed since people are locked in, they want to find ways to make money and it just so happens that some of them might've discovered bitcoin meaning that they are probably still using it today and they in turn contributed to the growth of bitcoin.
And it should not be surprising, at that time people were afraid that what we were seeing could put civilization at risk, even if the pandemic was bad and millions of people died the potential for the virus at the time was completely unknown and there was a possibility that it was way worse than what it actually ended up happening, so the markets in general were very nervous but it was natural that the crash happened and then as soon as it was obvious things will not be nearly as bad as what the markets thought the price grew up really fast.