Altcoins Talks - Cryptocurrency Forum

Learning & News => News related to Crypto => Topic started by: sirty143 on August 05, 2020, 09:07:41 AM

Title: Number of Active Crypto Traders in Japan Decreased Mid-COVID
Post by: sirty143 on August 05, 2020, 09:07:41 AM
Number of Active Crypto Traders in Japan Decreased Mid-COVID

(https://i.imgur.com/vt4uYndl.jpg)

A report updated by Japan’s self-regulatory body JVCEA shows the number of active crypto traders in the country decreased in March. See more for yourself here (https://cointelegraph.com/news/number-of-active-crypto-traders-in-japan-decreased-mid-covid).

Your opinion is greatly appreciated.
Title: Re: Number of Active Crypto Traders in Japan Decreased Mid-COVID
Post by: @chison on August 06, 2020, 08:03:06 PM
For me this is surprising. I thought more people are at home and engage on virtual activities a lot. Therefore, if crypto trading decline then the lockdown should have decreased the activities that's was spiking crypto before the lockdown 
Title: Re: Number of Active Crypto Traders in Japan Decreased Mid-COVID
Post by: Astra on August 16, 2020, 03:46:09 PM
Quote from: @chison on August 06, 2020, 08:03:06 PM
For me this is surprising. I thought more people are at home and engage on virtual activities a lot. Therefore, if crypto trading decline then the lockdown should have decreased the activities that's was spiking crypto before the lockdown
It's just that this data is for March, when information about the spread of the coronavirus only appeared and people were not up to trading cryptocurrency. I am sure that since May the number of new traders has increased and has become even more than before March.
Title: Re: Number of Active Crypto Traders in Japan Decreased Mid-COVID
Post by: Joyjoyce0 on August 18, 2020, 12:27:00 AM
The pandemic is really taking toil on things around the world.  But I don't think they totally left crypto, most of them might have their hodlings for long time instead of day trading.