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Topic: COVID-19 is helping to expand the crypto world - page 5. (Read 1237 times)

sr. member
Activity: 1274
Merit: 260
1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL
Absolutely, I think it has really expose the safer way of making transactions with the use of cryptocurencies as well as an investment plan. I have met new people who come into our local crypto group asking of advice about investments into cryptocurrencies and others. Though we do share some information we still tell them blatantly that they should do their own research to be absolutely sure!
member
Activity: 1204
Merit: 11
I am totally disagree with your point you should understand that In this current situation mostly people would like to have cash in their pockets for their needs of foods which is necessary so I don't think at this sensitive time people would prefer to invest in crypto or any other investment option.
sr. member
Activity: 1344
Merit: 250
they are looking for opportunities and information to make an investment in the cryptocurrency business and other online. for offline work had to be stopped for a while because COVID-19 there is no other way to search money for now unless they are trying to become traders, Youtuber, and the work of other online paying them to survive on their daily lives.
member
Activity: 300
Merit: 11
FRX: Ferocious Alpha
Although in one way or the other, cryptocurrency has been affected by Covid19 but in a way it is a plus to cryptocurrency because many got to know about cryptocurrency during this lock down.
full member
Activity: 318
Merit: 100
I think you are deeply confused, because it discourages people to invest because what people are thinking about now is how to survive. We all hope Covid19 will end and the world is recovering, really affecting the cryptocurrency which I think is more positive.
full member
Activity: 1470
Merit: 148
What happened during the early stage of the coronavirus was very bad for the stock market and cryptocurrency but later on the cryptocurrency regain it resistance and the stock market was heavily struck, the oil was destabilize which has lead the entire world into economic bruhaha.
 
The world has noticed the very importance of the cryptocurrency to the World economy. The oil has disappoint them and the only means they should be looking at is the digital currency. Digital currency will take the future of the world economy, even though many of the coins will be government surveillance coins.
full member
Activity: 653
Merit: 183
COVID-19 has locked down the office, market, business even our life. People are passing idle time at home. Many people are now trying to engage in online job and online business. Many of them are being eager to invest in blockchain based investment platform like me. I was not so much interested about crypto world and would be always busy with my work. When I was lying at home day after day, I started to know about online investment. At a time I realized, cryptocurrency is the best for me to invest and now I am an investor on blockchain platform. So, I think, Corona Virus is encouraging people to invest in cryptocurrency and thereby helping to expand the crypto world.

What's you thought about it?  
Just like the old day. You know back then, cryptocurrency is only known among people in MMO (Make Money Online) as a convenience payment. When BTC hit each new height back then, it creates a sensation that attracts even more people into cryptocurrency, people outside of the MMO circle. Today, I think cryptocurrency already well-know and nothing like the old day when you mention about it, people would give you a strange look. For the COVID-19 case, it like a desperate attempt to make a meet end because the global disrupt, people out of their jobs,... Feel sad more than happy in this case though.
member
Activity: 636
Merit: 11
COVID-19 has locked down the office, market, business even our life. People are passing idle time at home. Many people are now trying to engage in online job and online business. Many of them are being eager to invest in blockchain based investment platform like me. I was not so much interested about crypto world and would be always busy with my work. When I was lying at home day after day, I started to know about online investment. At a time I realized, cryptocurrency is the best for me to invest and now I am an investor on blockchain platform. So, I think, Corona Virus is encouraging people to invest in cryptocurrency and thereby helping to expand the crypto world.

What's you thought about it?  
by work from home, our knowledge and mind now be opened . we know that there are alot opportunity we can do from home, especially in online investment. and now many new investors in stock or even cryptocurrency. i am sure some of us know be investors in finance market or atleast start learning how to earn money from home
full member
Activity: 1204
Merit: 104
In any case, the consequences of the coronavirus will lead to a global crisis. And virtually any business, including the blockchain industry, will suffer from this.  But you need to look at this situation from a different angle, since economic problems in countries will lead to very high inflation and it seems to me that this moment can become a very strong causative agent for the wider dissemination and use of cryptocurrencies around the world in everyday life.  I am sure that even the central banks of the states, not to mention big business, will transfer all funds to those assets that are more protected from inflation, and cryptocurrency is exactly the product that is best suited for this.
member
Activity: 795
Merit: 10
COVID-19 has locked down the office, market, business even our life. People are passing idle time at home. Many people are now trying to engage in online job and online business. Many of them are being eager to invest in blockchain based investment platform like me. I was not so much interested about crypto world and would be always busy with my work. When I was lying at home day after day, I started to know about online investment. At a time I realized, cryptocurrency is the best for me to invest and now I am an investor on blockchain platform. So, I think, Corona Virus is encouraging people to invest in cryptocurrency and thereby helping to expand the crypto world.

What's you thought about it?  

It is very true that due to the effect of lock down people tend to surf internet more.  But in my own view I don't think the virus outbreak has had that significant effect on the adoption of Cryptos as many are hyping it.  It was said when the price was dropping that it was the effect of the virus, but right in the midst of the same virus, the price start improving again.  It is just a matter of interest and mindset.  No matter how someone surf internet 24/7 if he or she do have interest in Cryptos, then it won't have any effect.
hero member
Activity: 2996
Merit: 598
Leading Crypto Sports Betting & Casino Platform
COVID-19 has locked down the office, market, business even our life. People are passing idle time at home. Many people are now trying to engage in online job and online business. Many of them are being eager to invest in blockchain based investment platform like me. I was not so much interested about crypto world and would be always busy with my work. When I was lying at home day after day, I started to know about online investment. At a time I realized, cryptocurrency is the best for me to invest and now I am an investor on blockchain platform. So, I think, Corona Virus is encouraging people to invest in cryptocurrency and thereby helping to expand the crypto world.

What's you thought about it?  

Not the majority of the people who want can invest in Cryptocurrency, we have a need and a situation to address first before anything else, but we can list Cryptocurrency as one of the markets worth investing but right now, we have to take care of our business, our job, and our savings, that's what I've done right now.
hero member
Activity: 3038
Merit: 526
Leading Crypto Sports Betting & Casino Platform
COVID-19 has locked down the office, market, business even our life. People are passing idle time at home. Many people are now trying to engage in online job and online business. Many of them are being eager to invest in blockchain based investment platform like me. I was not so much interested about crypto world and would be always busy with my work. When I was lying at home day after day, I started to know about online investment. At a time I realized, cryptocurrency is the best for me to invest and now I am an investor on blockchain platform. So, I think, Corona Virus is encouraging people to invest in cryptocurrency and thereby helping to expand the crypto world.

What's you thought about it?  

With so many countries issuing work from home policies, people will look for alternative income through the internet and I think cryptocurrency will be one of the options they will choose. Cryptocurrency has begun to be known by many people and I think the progress will be better
That's also what im thinking about right now. I have been seeing so many people in my country have been moving to the crypto trade to get a few bucks everyday to keep their lives.

AFAIK, the demand in my local exchange site is also increasing a lot too. This pandemic is also helping the adoption.
hero member
Activity: 3052
Merit: 651
We all got the spare time now, ain't we?

The lockdown makes us worry of where we can get our money.
A wrong thing might happen though if the freaking scammers will take advantage of the weakness of people.

Suddenly they will become investors without thinking  about it. Yes, they might come across crypto currency investment without thinking about it because they just want to make profits in rush.
Perhaps, we could help them to avoid being the victim of this scammers or just offer the trusted ones like bitcoin and Ethereum.
Also set it straight that is not just an investment but more of technology.
sr. member
Activity: 1428
Merit: 251
COVID-19 has locked down the office, market, business even our life. People are passing idle time at home. Many people are now trying to engage in online job and online business. Many of them are being eager to invest in blockchain based investment platform like me. I was not so much interested about crypto world and would be always busy with my work. When I was lying at home day after day, I started to know about online investment. At a time I realized, cryptocurrency is the best for me to invest and now I am an investor on blockchain platform. So, I think, Corona Virus is encouraging people to invest in cryptocurrency and thereby helping to expand the crypto world.

What's you thought about it?  

With so many countries issuing work from home policies, people will look for alternative income through the internet and I think cryptocurrency will be one of the options they will choose. Cryptocurrency has begun to be known by many people and I think the progress will be better
sr. member
Activity: 1400
Merit: 259
It is not encouraging them.
More of, there is no other choice.

You cannot just swipe down in your Facebook wall for the whole day you are awake.
There must be a change. Something new.
Chances of them looking into the crypto world just went higher but it doesn't mean they will be enthusiastic about it.
member
Activity: 560
Merit: 13
You are right in some points mate, this lockdown has thought us many lessons. Few are busy with work from home option and many of the business has been affected very badly, now people want to go for the second investment and I think crypto is a greatest option for that.

I feel like I am in a safe zone after having a job and suddenly something happens I can opt for this, because I don't want to risk my job and as well as I don't want to risk my life in crypto..In my opinion crypto is always a second option Cool
hero member
Activity: 1554
Merit: 503
in my opinion it has no effect, we know "covid -19" has caused an economic downturn. so there is no way anyone would think of investing in a bad economic situation. now everyone wants cash not investing.

maybe there are some people who invest in cryptocurrency, and one of you. but it is not completely petrified to expand crypto. i hope covid-19 ends and all returns to normal.
That's right, I think only a few people are securing their money on digital assets, the average person needs money because they don't work temporarily to meet their daily needs, I just keep a few altcoins and sell them to face this pandemic
sr. member
Activity: 1932
Merit: 300
Vave.com - Crypto Casino
Every of economics seems falling with increased number of unemployment and we are still not sure how soon we could contain it. US and Europe is not as agile as China when it comes to enforcing rules. Crypto seems to be the only investment unaffected by this pandemic. It's no doubt people want to secure their funds.
full member
Activity: 1099
Merit: 116
For the first time from 4 years ago, i was searching online job, online investment and i came to know about cryptocurrency and from then i am still with crypto trade. Now COVID-19 has changed the scenario of the people' work place and they are now locked at home. Many people are now searching job or investment staying at home, and coming toward crypto world. So COVID-19 is expanding crypto world and i agree with it.
full member
Activity: 449
Merit: 103
Decentralized Ascending Auctions on Blockchain
It seems to me that you are deeply mistaken, because those who already didn’t have enough money  are unlikely to think about investments. Although if you look at the other side of the coin, the cryptocurrency market capitalization is still increasing. Now I think there are more people who are interested in cryptocurrency but this category is not investors.
his words are also somewhat true. because you also know that only Defi can bring huge profits and fast in a short time. Those who lose a lot of their business will see how good speculation on bitcoin is. Besides, the halving event is also coming and we can expect bitcoin to grow in price around $ 14k or $ 16k in the future. That is also the reason why the marketcap of the market has risen sharply in recent days. Looking ahead, we'll see more people continue to fomo and continue buying bitcoin.
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