COVID-19 is helping to expand the crypto world - page 3.

LazerPanther

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Quote from: elewton on June 15, 2020, 04:40:09 AM

Quote from: minairia3 on May 12, 2020, 09:16:48 AM

Not all but possibly many have try out and learn what is cryptocurrency. Staying at home, we can expect people to only surf the internet and most likely finding jobs online. Cryptocurrency has long time already been with us, and this crisis make people realized that this is more useful on our current situation. This proves that cashless and blockchain works and helping some transaction even on our daily needs. Paying bills through blockchain, shopping food on some grocery that accept cryptocurrencies.

But they should be reminded how risky and volatile the market ans can make their investment here go down. But if their purpose is to use it then no problem. They can also learn trading that can gain them fortune if they know how to do already.

True! However, some people are wrong to believe that the pandemic is helping the market to bullish! It's true to say that the market is expanding due to the joins of many people when they stay at home. However, the pandemic has certain effects on all the economy and markets, not only the stock market but also the cryptocurrency market!

This market is very small compared to the stock market. Over the past few months I've seen the stock market collapse, but crypto has grown and went against the global situation. It is a positive news that people are believing in this market and many people are aware of it

IamAltcoinfan

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homt.net

Yes even me also away from crytpo currency from quite a lot time after covid19 i started search some online earning method finally i end up year where i am having years of experience now i am thinking to expand my knowledge as well as has to involve with community . It is the best place to learn and earn . even if your following the right news we can make good profit some times we will give insider news also in bitcointalk . Not only me even some of my friends started enquiring about crypto curreny investment after covid19

elewton

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Quote from: minairia3 on May 12, 2020, 09:16:48 AM

Not all but possibly many have try out and learn what is cryptocurrency. Staying at home, we can expect people to only surf the internet and most likely finding jobs online. Cryptocurrency has long time already been with us, and this crisis make people realized that this is more useful on our current situation. This proves that cashless and blockchain works and helping some transaction even on our daily needs. Paying bills through blockchain, shopping food on some grocery that accept cryptocurrencies.

But they should be reminded how risky and volatile the market ans can make their investment here go down. But if their purpose is to use it then no problem. They can also learn trading that can gain them fortune if they know how to do already.

True! However, some people are wrong to believe that the pandemic is helping the market to bullish! It's true to say that the market is expanding due to the joins of many people when they stay at home. However, the pandemic has certain effects on all the economy and markets, not only the stock market but also the cryptocurrency market!

The cure

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Covid19 made our lives miserable, many people died,many are struggling for losing their jobs. During lockdown it made us realized the value of crypto currency, through internet we pay our bills and buy some stuff,we send and receive money. And also people are getting interested to crypto world because they're trying to find extra income.

alisonwonder

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Quote from: SyndicateLabs on May 12, 2020, 09:22:50 AM

Quote from: @baoli on May 12, 2020, 04:19:02 AM

Apparently, covid 19 has advertised crypto currency more. I see so many people getting involved with crypto currency now. People see this opportunity to use crypto to do transactions. Hitherto, if one still don't have money you can't invest in crypto.

I just found that covid-19 made many people unemployed and miserable. And a lot of people have died of this virus. Hopefully Virus can be extinguished as soon as possible, I do not want them to grow and harm everyone. Also I do not see any positives from viruses for this market. It caused the market to collapse and become colder because investors did not dare to invest at the current stage

indeed the covid outbreak that is currently circulating in various countries has a devastating effect on the world economy because it makes a lot of the prices of currency assets collapse and you have to know that many popes use that moment to buy as much coins as they can because they know the whales that prices do not always collapse.

Shallow

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In my own thoughts, the keyword is "attention" covid-19 is channelling the attention to the crypto market because it has shown to be different from other markets. People can only invest in something when they pay close attention to it, now since businesses aren't moving as required they are now paying attention to every aspect of the crypto market thus knowing the best that suits them. This aspects per say can be trading, IEO investing and so forth; however irrespective of the fact people are looking for a good alternative, they should also endeavour to pay close attention to the risks, personal security etc.

Jateng

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There a lot of time people can get to cryptocurrency even they don't want to invest yet to cryptocurrency, they still time to learn about it. Its the first step to get involve with it, it drives people to learn more about it. If they will find interested to it, they can immediately learn deeper about it and start to invest. People want to get profit even they stay at home and earning through crypto maybe the best way for them. I know we're in the age of technology where people want to do it by themselves and crypto trading is one of the way you can manage your own money.

ballerin and giroud

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Quote from: SyndicateLabs on May 12, 2020, 09:22:50 AM

Quote from: @baoli on May 12, 2020, 04:19:02 AM

Apparently, covid 19 has advertised crypto currency more. I see so many people getting involved with crypto currency now. People see this opportunity to use crypto to do transactions. Hitherto, if one still don't have money you can't invest in crypto.

I just found that covid-19 made many people unemployed and miserable. And a lot of people have died of this virus. Hopefully Virus can be extinguished as soon as possible, I do not want them to grow and harm everyone. Also I do not see any positives from viruses for this market. It caused the market to collapse and become colder because investors did not dare to invest at the current stage

That is true, we are hoping that this pandemic as soon as it's over and we can run our activity normaly. And the important thing is the economic of the country will be run normally and make the unemployment can be work again. I heard there are a lot of companies who decided to give work termination especially in my country. Regarding the affect from this pandemic to crypto I'm sure it has given an affected.

The people who just stay home will have a free time to do something useful especially through internet. Like me, I suggest some of my friend to understand bitcoin and I said them that bitcoin can be made as side income during the lockdown. And most of them have spent their money to invest even they have got a profit when bitcoin price reaching the $10.000 a few days ago. That it means this pandemic has attracted new user to know bitcoin and having it.

SyndicateLabs

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Quote from: @baoli on May 12, 2020, 04:19:02 AM

Apparently, covid 19 has advertised crypto currency more. I see so many people getting involved with crypto currency now. People see this opportunity to use crypto to do transactions. Hitherto, if one still don't have money you can't invest in crypto.

I just found that covid-19 made many people unemployed and miserable. And a lot of people have died of this virus. Hopefully Virus can be extinguished as soon as possible, I do not want them to grow and harm everyone. Also I do not see any positives from viruses for this market. It caused the market to collapse and become colder because investors did not dare to invest at the current stage

minairia3

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Vave.com - Crypto Casino

Not all but possibly many have try out and learn what is cryptocurrency. Staying at home, we can expect people to only surf the internet and most likely finding jobs online. Cryptocurrency has long time already been with us, and this crisis make people realized that this is more useful on our current situation. This proves that cashless and blockchain works and helping some transaction even on our daily needs. Paying bills through blockchain, shopping food on some grocery that accept cryptocurrencies.

But they should be reminded how risky and volatile the market ans can make their investment here go down. But if their purpose is to use it then no problem. They can also learn trading that can gain them fortune if they know how to do already.

SacriFries11

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I think investing for cryptocurrency is not the best time for people who haven't sufficient money to invest right now and not all people can't afford take the risk in the time of crisis. They still need a sustain profit in order to buy and pay their bills. Some people manage to invest since they have saving and consistent earnings even they stay at home. It's not easily to invest to cryptocurrency and just like any other investment, you need to learn a lot and know that you might lose if you can't take it seriously.
Some countries even accept btc and others not interested because of false accusation about it.

TastyChillySauce00

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Quote from: chip1994 on May 12, 2020, 05:18:03 AM

In fact, this is not a dangerous disease, it is only dangerous for the economy. there are many cases but many people have recovered, the virus is contagious and it aims to weaken the economy. so if everyone keeps money then the economy will only die faster. To successfully restart the economy, we need to invest safely. The money cycle needs to flow more to create more finished products for the economy. This is a good time to invest long-term in a particular stock or coin you like.

well ofcourse there'd be some people who recovered, even most of pandemic before has quite the amount of people recovered although not as much as it is right now but it's still dangerous disease although it finally shows to people across the world that we actually are capable of doing things online instead of wasting time commuting far away just for thing as simple as meeting, hopefully people will switch to digital currency.

chip1994

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HEX: Longer pays better

In fact, this is not a dangerous disease, it is only dangerous for the economy. there are many cases but many people have recovered, the virus is contagious and it aims to weaken the economy. so if everyone keeps money then the economy will only die faster. To successfully restart the economy, we need to invest safely. The money cycle needs to flow more to create more finished products for the economy. This is a good time to invest long-term in a particular stock or coin you like.

rdewilde

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That's correct, you are right about more people thinking of how to make ends meet thus seeing the crypto space as the best possible way to secure and take care of themselves. Also, I agree with you, because what matters to most people now is how to stay alive and crypto is there for them since this lockdown affected businesses and so on, hence one of the reasons there have been significant growth recently in the crypto space. In addition, this virus is not only making people invest in crypto, it is also making them to learn more skills that will benefit them offline.

shoreno

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yes many people realize that working from home is the key but how can they do it ? they try simple search but what they only see are click baits or site/app that are earning by thier visits and clicks . finding online career is not easy , i know because i have gone thru it before i finally discovered cryptos . in your case i feel that you already have an experience on crypto before so its not hard for you to get started or to come back on here . still covid helps people to expand thier online knowledge or skills

@baoli

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Base.protocol

Apparently, covid 19 has advertised crypto currency more. I see so many people getting involved with crypto currency now. People see this opportunity to use crypto to do transactions. Hitherto, if one still don't have money you can't invest in crypto.

kayvie

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Quote from: TheGreatPython on May 12, 2020, 02:57:06 AM

The way I see it, you're wrong about this. You only got interested in investing your money in cryptocurrency because you have enough money I guess. But that's not the case for most people right now. There are lots of people who don't even have enough food not to talk of having extra money to put off as an investment. And in most countries there are those who have lost their jobs.

It's true, OP seems to get interested because he has the capability to start investing in crypto. Which is actually different for most people, most of them are having difficulty to provide their needs like food, vitamins, and face mask.

Aside from that, crypto is yet to be legal in most countries yet, even if some people try to invest in crypto, they won't be able to use it because no one accepts it yet as their payment method.

Bezobraznike

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Quote from: TheGreatPython on May 12, 2020, 02:57:06 AM

The way I see it, you're wrong about this. You only got interested in investing your money in cryptocurrency because you have enough money I guess. But that's not the case for most people right now. There are lots of people who don't even have enough food not to talk of having extra money to put off as an investment. And in most countries there are those who have lost their jobs.

Most of my friends that came to me recently to teach them about cryptocurrency are not talking about investment, they are talking about making money right now with Bitcoin, and I told them it doesn't work like that. But I did recommend that there are other things they can do, like the bounty campaign, but that will also take time for them to build their account from newbie to at least junior level.

TheGreatPython you are right, many people are without basic needs, what is worse is that some people lost their
jobs due this closing and now they are without any income. It's a struggle for surviving! You can teach them how to
start with crypto-currencies, bounties, faucets, PTC sites, writing articles on Publish0x or other platforms for that, now
there are many of them. Creating any social network account and building their followers base! Every start is hard,
but they need to start from there and learn about crypto-currencies, only way to skip all that is to invest a lot of money,
but as you stated many don't have starting investment!

TheGreatPython

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The way I see it, you're wrong about this. You only got interested in investing your money in cryptocurrency because you have enough money I guess. But that's not the case for most people right now. There are lots of people who don't even have enough food not to talk of having extra money to put off as an investment. And in most countries there are those who have lost their jobs.

Most of my friends that came to me recently to teach them about cryptocurrency are not talking about investment, they are talking about making money right now with Bitcoin, and I told them it doesn't work like that. But I did recommend that there are other things they can do, like the bounty campaign, but that will also take time for them to build their account from newbie to at least junior level.

StatesManG

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I don't believe the pandemic COVID-19 played any vital role. in fact, I think it affected bitcoin deeply as well as it affected the traditional market. the fact that bitcoin is gaining value right now is just because of the fact that it has an upcoming halving event else we might have seen it at 2-1k

Topic: COVID-19 is helping to expand the crypto world - page 3. (Read 1237 times)