The crypto market is at risk because of Covid-19

[Paglamon]

Covid is one of the most developed countries in the world - 19. As a result, the economy has changed drastically. The economies of developed countries like United States, United Kingdom, Italy, France, Australia, Canada, Singapore etc. are now under threat. The economy is now almost over. In one report, I learned that China says its economy is strong. They said their economy is now active. All businesses have been shut down. However, in some countries the lock down has been relaxed. Many crypto projects have been shut down indefinitely. As a result, I think the crypto market is under threat. Express your views on this.

[trauchot]

Nothing bad will happen to the cryptocurrency market, even during the corona virus, the cryptocurrency market is constantly growing and this is of course very pleasing, also big players understand that in such a difficult time they can easily earn with cryptocurrencies.

[Nostoman]

Nothing bad will happen to the cryptocurrency market, even during the corona virus, the cryptocurrency market is constantly growing and this is of course very pleasing, also big players understand that in such a difficult time they can easily earn with cryptocurrencies.

Yes, right, i see that, many project successful launches in the circumstance. And market condition is well. So i believe that crypto market costantly growing in future. But your opinion is not false at once. The crypto market may face some losses.

[I-Bit]

The risks on the crypto market will be always there whether in the Covid-19 outbreak or not. If you know how to get profits, it should be not a big problem even if Covid-19 is happening. Crypto traders must have various experiences to face bad trends in the crypto market.

[masterrex]

I think the market is at risk already even before the COVID-19 pandemic. The treats before are all came from the Securities and Exchange Commission or SEC from the most powerful country in the world the USA and they accused most of the crypto platforms are all illegal even the most trusted projects are already abandon because they are afraid in the SEC claws. the COVID-19 has not much affect the crypto industry because its already in the recovering process. so no need to be panic.

[Jaguar]

When SARS, HIV/AIDS, TUBERCULOSIS, EBOLA, CHOLERA, MALARIA, DENGUE stricken the world seems the end comes after but the end is not yet to come. This corona virus is not forever the antidote will be discover same from the past outbreak. As for now let's follow and obey the government solution to anticipate the massive increase. Everything will be under control.

[Confero]

We have all seen the positive price movements of Cryptocurrency at the time of the Covid-19 Pandemic, and it seems that world conditions are destroyed because the Corona Virus does not affect the prices of Cryptocurrency Coins, a few days the price of Cryptocurrency coins actually increases, and we can check the chart for price changes  Cryptocurrency the past two months.  Seeing this, I am optimistic that the price of Cryptocurrency is not affected by this Covid-19 virus attack.

[carcas]

In fact, the crypto market has been in decline since Covid 19 emerged and was endemic throughout the country. But a lot of positive news has made the crypto market a bit of an effect and is starting to recover after bitcoin is halving this month. I'm sure crypto can survive in conditions like this

[MrSpasybo]

COVID-19 opens up a huge demand for cashless payments, and cryptocurrencies are one of the viable solutions;
COVID-19 is an opportunity for everyone to stay home and learn more about crypto;
COVID-19 helps clean up the crypto market when destroying inefficient projects;
Halving took place and the BTC price was still near $10K;
=> I think COVID-19 is also an opportunity for crypto.

[@chison]

No, I don't think so. More people have known about cryptocurrency currently. It is easy for online payment

[debra]

Covid influences every sector of life moreover the health, financial and industry. For crypto world, many people are going for cash. Therefore there will be more offers that demand. It may influence the market price, especially increase thw volatility

[hushpupppy]

Covid19 never threatened the crypto market, it only sent it to the bears once, and since then bitcoin has recovered very immensely so much that i am pleased.

One lesson from this is taking advantage when people are scared.

[Alter]

The crypto market is always like that, not because of Covid-19. The Crypto market has high risks, but if you know how to deal with it, then the risks aren't a big problem for you. It is about knowledge and experience in trading or investment in crypto coins/tokens.

[gotbounty]

It is probably on risks right now. But, after the pandemic ends, many people believe that crypto world will be changing to be more and more popular. We can save our asset there and make it for longterm. However be sure that the coin has high volume and has good future plan.

[naitik01]

The impact of the Covid-19 pandemic has razed all the markets of the world. It is also seeing a partial impact on the crypto market but in this era also the crypto market is emerging fast.