COVID-19's "New Normal" is Creating Opportunities in Crypto - page 4.

shoreno

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Quote from: ReiMomo on July 24, 2020, 12:47:43 PM

Quote from: Salauddin1994 on July 24, 2020, 12:25:38 PM

~snip~
Crypto has nothing to do with COVID-19.

I guess you may right that crypto has nothing to do with COVID 19 but I think if we reverse the situation, COVID 19 has a huge impact of crypto, isn't it?

The number one first usage is the contactless payment and crypto can able to support that. Since all people now was working and transacting on the internet, digital payment has a good impact. I guess this is one of the most get beneficial of bitcoin from COVID 19 and this new normal is a part of it.

the underlined message above are example of crypto doing a useful thing in times of covid but covid19 has nothing to do with crypto .

i mean no real evidence that it affects it .on our country , i didnt feel the contacless payment that we are talking about , maybe only here ? because people here are kinda old school . they do care bout thier health but they still transacting the old way . thankfully people that i know are still fine and negative from covid virus

ReiMomo

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Quote from: Salauddin1994 on July 24, 2020, 12:25:38 PM

~snip~
Crypto has nothing to do with COVID-19.

I guess you may right that crypto has nothing to do with COVID 19 but I think if we reverse the situation, COVID 19 has a huge impact of crypto, isn't it?

The number one first usage is the contactless payment and crypto can able to support that. Since all people now was working and transacting on the internet, digital payment has a good impact. I guess this is one of the most get beneficial of bitcoin from COVID 19 and this new normal is a part of it.

Oceat

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Quote from: iv4n on July 24, 2020, 07:25:08 AM

Well we had that opportunities long before covid, it's not that we needed some disaster to help us, or anything similar, it can just speed up the process, many new people started to pay attention and it's surely positive thing for crypto community. As some people said, it's not just about crypto, it's the entire online world that has benefits from this situation, and from all that crypto has some part, I hope its a bigger part.
For adoption, we need people, we need companies ready to use crypto, and in that process we can hope for one more thing, those people and companies to choose decentralized coins and exchanges, not centralized ones!

Well, people tend to realize after something is gone and with this new normal there's a new opportunities that some of us didn't think that it will going to happen. Nobody really know what would be the future and here we are relying on the internet since this is the best possible way to communicate and do our transactions. People are starting to accept the new normal and slowly adapting on how to use the internet to make some money.

Salauddin1994

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Crypto has nothing to do with COVID-19. A long time ago, there were opportunities in crypto, maybe many people didn't know about it. Due to the outbreak of the epidemic, business is closed and everyone is turning to online work and knowing about crypto, which is increasing the demand for crypto. COVID-19 has not had an effect on crypto. While everything else has stalled, the crypto market is improving and many countries are supporting crypto. COVID-19 has caused a stir in the online world.

Mame89

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in the midst of this pandemic it creates a corner of work at home. because this virus causes activities at home, and business opportunities are needed to earn income at home. most countries in the world are hit by the corona virus so that all social activities are restricted, including in transaction matters.
however, this is a great opportunity for online business ventures to increase sales through online transactions. Opening a business can be done by anyone with just a few capital. As long as we already have a business strategy plan that will run..?

iv4n

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Well we had that opportunities long before covid, it's not that we needed some disaster to help us, or anything similar, it can just speed up the process, many new people started to pay attention and it's surely positive thing for crypto community. As some people said, it's not just about crypto, it's the entire online world that has benefits from this situation, and from all that crypto has some part, I hope its a bigger part.
For adoption, we need people, we need companies ready to use crypto, and in that process we can hope for one more thing, those people and companies to choose decentralized coins and exchanges, not centralized ones!

LogitechMouse

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I've seen some people who turn jobless because of this pandemic made a transition from a full time office work to a work from home already. Some of the aren't related to crypto. Some are just working from home as a freelancer but the main idea here is many people found another opportunities in online world.

There are many opportunities that are related to crypto and I'm lucky that I'm one of them. I will not say what is that opportunity but still I'm earning right now monthly with the help of crypto and I'm using a portion of my salary to invest into different investments out there for the future and some are being used for trading.

If you are knowledgeable about crypto then for sure that you already find a job that is crypto-related already so kudos to you. For those who doesn't have a job as of this moment, there are many jobs online. Just find work that is related to your skills

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Assface16678

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This time is the good opportunity to the cryptocurrency to show that they are good in terms of having safe into this pandemic because we want to avoid getting the second wave of this pandemic outbreak and one of the way to avoid this is stop using the physical money as a payment we all know that this is one of the dirtiest things we could find because it came from different people and touch them with different germs and bacterias that can spread the coronavirus. By this time there are a lot of people using the online payment to make easier transactions but the problem is I only see a few of them using a blockchain to paid their foods and other stuff still they are using the bank transfer.

Quote from: Kakmakr on July 24, 2020, 01:56:24 AM

I think the most opportunities that were created during this whole pandemic was the "work from home" concept that has been unlocked. Most people can work from home, but traditional managers and company owners did not want to allow it... but now they were forced to do that and they now see that it is possible for lots of people to work from home.

I have many friends who are now working from home, even after the lock down has been lifted by the government and they even took up a second online work to supplement their income. Wink

Some are taking photos and selling them to online platforms and others have been making masks and selling them to people on Facebook Marketplace. One of them are even giving remote dance classes via Zoom and people are paying her in Bitcoin. Grin

I don't think so that this is a good opportunity to the people because the only person that can benefit this is the office workers and how to avoid the people who are working with the manpower like the construction workers they need to work to earn money because they don't have a contract like the other and people in the company so it's better to have other jobs to them on this pandemic outbreak because they need to survive too like us.

finaleshot2016

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Quote from: Kakmakr on July 24, 2020, 01:56:24 AM

I think the most opportunities that were created during this whole pandemic was the "work from home" concept that has been unlocked. Most people can work from home, but traditional managers and company owners did not want to allow it... but now they were forced to do that and they now see that it is possible for lots of people to work from home.

Ofcourse, especially those company that requires manpower, it's a disadvantage for them if they will just hire WFH people.

Quote from: Kakmakr on July 24, 2020, 01:56:24 AM

I have many friends who are now working from home, even after the lock down has been lifted by the government and they even took up a second online work to supplement their income. Wink

Some are taking photos and selling them to online platforms and others have been making masks and selling them to people on Facebook Marketplace. One of them are even giving remote dance classes via Zoom and people are paying her in Bitcoin. Grin

Same with me, My friends are working now in-home, and we can see a lot of opportunities in the digital world. There are also many scams spreading all over the social media platforms and taking this pandemic as an advantage to them. Some are just dragging cryptocurrency to their business model just to attract investors to their Ponzi scheme.

Kakmakr

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I think the most opportunities that were created during this whole pandemic was the "work from home" concept that has been unlocked. Most people can work from home, but traditional managers and company owners did not want to allow it... but now they were forced to do that and they now see that it is possible for lots of people to work from home.

I have many friends who are now working from home, even after the lock down has been lifted by the government and they even took up a second online work to supplement their income. Wink

Some are taking photos and selling them to online platforms and others have been making masks and selling them to people on Facebook Marketplace. One of them are even giving remote dance classes via Zoom and people are paying her in Bitcoin. Grin

mersal

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Quote from: Beparanf on July 23, 2020, 11:06:09 AM

Quote from: mersal on July 23, 2020, 08:09:24 AM

Not much opportunities to be honest, because people have no money which made the good projects as well from entering into the market so these are all missed opportunties.In gambling industry the opportunities are getting exploding, even in bitcointalk we could see the increase in number of gambling sites before 2020 the numbers are in huge difference.But for an individual still it will take time to feel the benefits.

Yes, Only those operating online can benefit, others still need to adopt first in technology before they might know cryptocurrency especially in my country, I'm only seeing casino or gambling being active now than other projects, there are in my countries who stop accepting crypto as payment, due to quarantine as reason where in fact it should have operation now for easy payment process. Anyway, individuals need to adjust and find ways how to take advantage these time for earning and having business despite the risk that might happen.

Not every work can be done online until we can find the perfect AI system, so we need people to work on manufacturing products like that.And also people see as an asset more than a crypto payment that is why they still prefer digital cash over the cryptos when we need everything to be paid online.

el kaka22

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Well, I can say that I found just one, during the fall I realized that bitcoin would be going back up again, I knew that it wouldn't stay low for too long and I bought as many bitcoins as I can (well not even one Cheesy

) and put it aside when it was around $6.5k levels, thanks to that I made some profit now, I have long sold them off and now waiting for another drop to happen to buy once again, but that was the moment I made some profit and that was my opportunity.

I have "seen" other chances as well such as creating a mobile app that allows people to pay with crypto while seller receiving fiat instead and that type of app during this pandemic would have made people super rich, but unfortunately I couldn't develop something like that without software developing skills and lack of funding for it.

Beparanf

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Quote from: mersal on July 23, 2020, 08:09:24 AM

Not much opportunities to be honest, because people have no money which made the good projects as well from entering into the market so these are all missed opportunties.In gambling industry the opportunities are getting exploding, even in bitcointalk we could see the increase in number of gambling sites before 2020 the numbers are in huge difference.But for an individual still it will take time to feel the benefits.

Yes, Only those operating online can benefit, others still need to adopt first in technology before they might know cryptocurrency especially in my country, I'm only seeing casino or gambling being active now than other projects, there are in my countries who stop accepting crypto as payment, due to quarantine as reason where in fact it should have operation now for easy payment process. Anyway, individuals need to adjust and find ways how to take advantage these time for earning and having business despite the risk that might happen.

elisabetheva

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Quote from: mersal on July 23, 2020, 08:09:24 AM

Not much opportunities to be honest, because people have no money which made the good projects as well from entering into the market so these are all missed opportunties.In gambling industry the opportunities are getting exploding, even in bitcointalk we could see the increase in number of gambling sites before 2020 the numbers are in huge difference.But for an individual still it will take time to feel the benefits.

obviously for new projects it is very difficult to develop because investors are waiting for situations that they might be able to execute.
Investors prefer to invest in altcoin which already has a market, because the potential for profit is greater than new projects, where every new project tends to do something that is not commendable. especially during this pandemic, investors tend to refrain from being directly involved with new projects.

what is clear is that they do not want to suffer the loss that will occur with new projects that always create problems each time they grow in this endless pandemic.
waiting for the right time to follow up is a must that investors have so they don't continue to be fooled by new projects.

mersal

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Not much opportunities to be honest, because people have no money which made the good projects as well from entering into the market so these are all missed opportunties.In gambling industry the opportunities are getting exploding, even in bitcointalk we could see the increase in number of gambling sites before 2020 the numbers are in huge difference.But for an individual still it will take time to feel the benefits.

$crypto$

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Quote from: abhiseshakana on July 23, 2020, 01:50:58 AM

Quote from: ActAshton on July 22, 2020, 12:21:07 AM

Very true- everyone has been hit one way or another- some obviously are taking it better than others. There have been a lot of online industries totally demolished by the pandemic. Should we see a second wave, I hope these same businesses are better prepped and learned from the first experience.

What can not be denied is the decline in demand due to the decline in people's purchasing power and the strength of people saving. But with the pandemic, I think many people have become more creative and brave to introduce their work. The current condition is indirectly a natural selection and considers that saving is the most appropriate action during the economic boom and at the time like now. In fact, in order to survive, we must think anti-mainstream and creative but still follow the pandemic protocol.

Businesses must adapt and evolve from conventional to digital. In my country, online businesses that are integrated with technology are the ones that survive the most and even still make a profit.

Maybe some people still survive with their remaining savings today to survive in this new normal era, but if we do what we can as you say that creativity is very important in use today, business in digital is now much in the interest as a business the simplest but profitable every time, well we have to realize in the pandemic period what is still happening we have to do it really true and stronger in dealing with it sometimes this is more difficult to do with lazy people.

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Quote from: ActAshton on July 20, 2020, 04:44:59 AM

IT'S OBVIOUS: "In the current global economic recession, individuals and institutions have been turning away from traditional assets and seeking opportunities in cryptocurrency." WHY?!

Read more: https://cointelegraph.com/news/in-covid-19s-wake-the-new-normal-creates-crypto-opportunities

Photo Courtesy of CoinTelegraph

Throughout the last 4 months, I, personally have been able to start a successful firm based on the knowledge I've obtained in the last 5 years of being in this beautiful, stressful industry. Sitting in quarantine made me think about what to do next. I was working for a crypto-friendly bank and a big-time media outlet that I felt was a waste of time and as I sit there, I wonder what move is made next. It was time to take this situation (some say opportunity) into my own hands and be my own boss.

Now I'm the 3rd richest man in the world and travel to the most beautiful places around- click here to find out more! (KIDDING. DEFINITELY NOT ONE OF 'THEM").

With all of that being said, my advice to you, cryptoneurs, is to stay positive in this emerging industry. Wherever you are, whatever mindset you have, just know that you can take this time to really hunker down and figure out what you like. It will make you much happier and productive- ask any successful entrepreneur, like Kiana. Stay focused and stay grinding! Talent is evenly spread but opportunities are not.

Take this time and make it your [fill in the blank]...

pandemic of course brings both things in the world,there are Bad things and also good things like what you have mentioned above.

It is not because we are in bad shape meaning everything needs to be such this.

Like what the posts recently says,this Covid19 make the crypto community more in demand and search via internet.

Latviand

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Quote from: Darker45 on July 21, 2020, 12:15:42 AM

Well, the world's revolving just the same. Life goes on. Opportunities come and go despite whatever's happening around.

Opportunities for other people to hold other coins are there, they should not only rely on bitcoin as a their asset.

I agree with you that the world is still revolving but I don't think that all of the things that are happening today is the same like before. All of us are struggling, all of us are looking for a job where we can earn money just to survive the economic crisis that we are experiencing. If you really want to engage in the use of cryptocurrency amidst of this virus, then so be it.

Quote from: ActAshton on July 22, 2020, 12:21:07 AM

Very true- everyone has been hit one way or another- some obviously are taking it better than others. There have been a lot of online industries totally demolished by the pandemic. Should we see a second wave, I hope these same businesses are better prepped and learned from the first experience.

No one is exempted, even those rich people are affected, but they are not that affected like those poor people who have no food on their plate just to survive the quarantine. I think the 2nd wave will have a small improvement but I don't think that it will make those online industry businesses to work successfully.

MCobian

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I get many opportunities not only in cryptocurrency, but in the internet world. When the COVID-19 pandemic I spent a lot of my time
at home, more precisely in front of my laptop. I can think more creatively, and try to make money from trading and signature campaigns.
Then I also opened several online shops to sell some goods. Finally I was able to get money, even though it was only enough daily needs.
But i'm happy with that.

hatshepsut93

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Quote from: ActAshton on July 20, 2020, 04:44:59 AM

IT'S OBVIOUS: "In the current global economic recession, individuals and institutions have been turning away from traditional assets and seeking opportunities in cryptocurrency." WHY?!

Nope, the covid-19 pandemic didn't affect Bitcoin's e-commerce. DeFi isn't replacing traditional finance, it's just a playground for naive investors and hackers. Crypto is not replacing stocks, it even started having correlation to stock market.

If the quarantine created some opportunities for remote work, it also caused a huge inflow of workers, probably much higher than the amount of added jobs, so it's probably a net loss for crypto workers.

Topic: COVID-19's "New Normal" is Creating Opportunities in Crypto - page 4. (Read 1139 times)