How will the events in the coming months affect the value of cryptocurrency?

[Kamon c4]

It’s been known that the value of bitcoin flunctuate during festive periods but this year may seem different due to the ongoing pandemic(covid19) .
From your perspective how do you think the December season will affect the value of cryptocurrency?

 

[Vladv26]

The December period always affected the cryptocurrency industry. In the recent years it affected it negatively and probably this year is going to be different because now everyone is staying at home so they don't spend that much money anymore

 

[WhiteHouse]

Coupled with the USA presidential saga, Cryptocurrencies especially Bitcoin will be affected positively. It will accelerate the rapid valuation of Cryptocurrencies

 

[Peterlight]

Alot of investors will withdraw their funds before Xmas and this will have a negative impact on bitcoin

 

[Josemendez]

Alot of investors will withdraw their funds before Xmas and this will have a negative impact on bitcoin

Actually I am thinking the opposite. People are buying more bitcoin day by day because they believe that Bitcoin will reach up to $20,000 this year

 

[Niftyyem]

I am hoping for a positive effect this year. With bitcoin hitting the $17k mark some weeks to year end, I hope it has smooth sail to $20k.

 

[Braga13]

That depends on what kind of events and will it affect on the economic around the word . Like the panedimc did in the first of the year when bitcoin falled till 5000$ . Hopefully it will fly again after the previoust halving

 

[Nurudeen]

I think what you should be more concerned about is the US election. Thank God it's now in the past and I think that's the major determinant of Bitcoin to rise or fall

 

[Ehizzy1]

I think am scared the price may drop during December because some people may likely want to sell off their bitcoin for Christmas

 

[Peterlight]

Actually I am thinking the opposite. People are buying more bitcoin day by day because they believe that Bitcoin will reach up to $20,000 this year

that is just a dream I don't believe people imagination until comes to reality that was how they predicted Italian to enter $1000 before the end of August but instead it just to steal in one position

 

[Josemendez]

that is just a dream I don't believe people imagination until comes to reality that was how they predicted Italian to enter $1000 before the end of August but instead it just to steal in one position

Well , what differentiate the rich from the poor , the successful from the unsuccessful is the fact that they took risk when others were doubting .

 

[Peterlight]

Well , what differentiate the rich from the poor , the successful from the unsuccessful is the fact that they took risk when others were doubting .

but we have different kind of levels of risk than women's can take for example you can take the risk of investing hundreds of millions of dollars on a business why I can only take a risk of investing a little token into it

 

[Josemendez]

but we have different kind of levels of risk than women's can take for example you can take the risk of investing hundreds of millions of dollars on a business why I can only take a risk of investing a little token into it

You got to earn based on the level of investment you employed. If you invest little you will earn little reward

 

[Peterlight]

You got to earn based on the level of investment you employed. If you invest little you will earn little reward

not really I don't believe you can invest thousands of dollars and get back a good return look at the bitcoin billionaire that invested a little on back in the year 2012 nowadays they are not millionaires what can you say about that

 

[Josemendez]

not really I don't believe you can invest thousands of dollars and get back a good return look at the bitcoin billionaire that invested a little on back in the year 2012 nowadays they are not millionaires what can you say about that

If you are talking about investing little in coins like XRP , Tron ,etc that are below one dollar then is quite understandable . Not a coin that is at $17500

 

[Sincerem]

Its my first time getting this information that every festive period affect Cryptocurrencies negatively. But with the information gotten here, I don't think it will happen this year cos of the pandemic, which is going to restrict people from moving out.

 

[Emperorkaybee]

Last I heard, whenever there's a festival in China, cryptocurrency is always affected negatively, with the increase in prices of cryptocurrency now, I don't believe christmas will be affecting it's worth.

 

[Peterlight]

If you are talking about investing little in coins like XRP , Tron ,etc that are below one dollar then is quite understandable . Not a coin that is at $17500

How to invest like $200 on bitcoin for now but not something that is up to $1000 or $5000 I think I may later regret it.

 

[Ehizzy1]

Its my first time getting this information that every festive period affect Cryptocurrencies negatively. But with the information gotten here, I don't think it will happen this year cos of the pandemic, which is going to restrict people from moving out.

Sure the pamdemic this year is the only difference between other years december so we all hope for the better

 

[Josemendez]

How to invest like $200 on bitcoin for now but not something that is up to $1000 or $5000 I think I may later regret it.

The world is all about taking risk and choices. So is up to you