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Is Cryptocurrency on the Brink of a Bounce Back? | The Home of Altcoins: All About Crypt…

18 Mar Is Cryptocurrency on the Brink of a Bounce Back? | The Home of Altcoins: All About Crypt…

Posted at 17:28h in Cryptocurrency News by

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By Chris Roper
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China closing their makeshift Coronavirus hospitals could indicate an exciting opportunity for investors.

Playing the long game
Investors should keep their cool in days of panic

Wuhan closed its last temporary Coronavirus hospital yesterday due to a dramatic drop in the rate of new infections. Having hope on the horizon in the city where COVID-19 first began could signify the beginning of the end of this terrible contagion that has incited so much fear and panic across the globe.

The psychological impact of the Coronavirus has delivered huge blows to many cryptocurrencies last week, but if these coins were to bounce back as the virus becomes contained, we may now have a brief window of opportunity to buy crypto at historically low prices.

There is no way of knowing exactly when the markets will hit bottom, so we have to carefully hedge our bets. The director of research at Ritholtz Wealth Management, Michael Batnick…

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