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    Thread: Is bitcoin benefiting from coronavirus?

    1. #12 Collapse post
      Trader_Rob is offline
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      I think the demand on Bitcoin has increased starting when the quarantine has started. It is probably why its value has gone up this high now.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Aya is offline
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      Probably. Some people I know started investing on cryptocurrencies when the quarantine started.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Quote Originally Posted by AbdulShiek View Post
      I think the pandemic crisis has made the Bitcoin increased.
      I've noticed that too! Most people who had lost their job when the pandemic crisis started opt to invest their money online.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Bitcoin does follow real world events, it just doesn't follow every single event, this only happens with the biggest events, like the recent stock market crash, when Bitcoin crashed simultaneously. And the price is organic, all the talk about whales and manipulators who tightly control the price is just a conspiracy theory.

      As for your title - no, Bitcoin didn't benefit from the coronavirus, it caused a market crash and provided no benefits, for example Bitcoin didn't see an increase in merchant use.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      I think the pandemic crisis has made the Bitcoin increased.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Quote Originally Posted by AshieLemon15 View Post
      Is bitcoin benefiting from coronavirus?
      Bitcoin follow nothing, even real world events nor news. But we are the one who follow such as things and we think positive then. In a result we jump into bitcoin to accumulate more as much as possible and that's how bitcoin price go up due to increase buy pressure. During beginning of covid-19 we had encountered huge dump because people was worried about real cash. But after few days bitcoin price back to normal. Means when we become panic and sell our bitcoin for real cash then price was dumped. So we can't blame to covid-19 directly for this dump. Always community (we) create influences on bitcoin price.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Quote Originally Posted by Mr. Cid View Post
      Most of the trading instruments have benefited from the pandemic crisis. The number of investors has significantly increased when the pandemic started.
      Bitcoin isn't following "the real world events" as you mentioned, instead It is following the news, the speculative perspective, and market sentiments which will be related to the current global economic status.
      Relating Bitcoin to the events that's happening in the world, corona for example, isn't totally nonsense, because It does have affected Bitcoin as It has affected the investors, traders, and miners as well, rather a chain reaction.
      We do have different opinions, views, and suggestions anyway.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Most of the trading instruments have benefited from the pandemic crisis. The number of investors has significantly increased when the pandemic started.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      I've noticed that many people opt to invest in the crypto trading industry when the pandemic starts.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      The COVID-19 pandemic has impacted financial markets all over the world, including that of crypto currencies.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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