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Topic: COVID-19's "New Normal" is Creating Opportunities in Crypto - page 6. (Read 1055 times)

legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
To be perfectly honest, things seem worse for me.
The whole economy around cryptocurrency depends a lot on the regular economy for financing its everyday operations.

As a result, the money flowing into crypto must have gone down considerably also. We've gotta remember that the ongoing recession isn't also accompanied by distrust in the financial system (as it was in 2008).
Central banks could now more easily solve the issue by printing money. Retail banks aren't bound to collapse this time, deposits are still in them. Just less propensity to invest.
Therefore crypto as an instrument isn't seeing more interest because of the recession. Actually very few industries saw a benefit from the pandemic. Only those that produce related items, SOME games and live streaming. Almost no other industry is known to largely have seen increased earnings. Even most websites saw less earning because they got more traffic but fewer companies were interested to advertise.
legendary
Activity: 2576
Merit: 1860
I voted on the poll first before reading the OP. I thought the question was simply on the number of opportunities that came amidst the COVID-19 pandemic.

I got one, two, or three things in mind. But those were not crypto opportunities. As far as crypto opportunities are concerned, I guess there hasn't been any lately. It is pretty much the same except that I had the opportunity to have my old DOGE sell order at 30 sats fully filled. Only to find the price shooting past 50 sats afterward. Well, that's not even related to the pandemic. But it sure happened in the middle of it.

Well, the world's revolving just the same. Life goes on. Opportunities come and go despite whatever's happening around.
sr. member
Activity: 1176
Merit: 279
yes


A lot of people have learned how to trade and monetize their time throughout the last couple of months. Digifinex UI/UX with my plugins has been great for an Asian exchange and I've been able to quickly jump in on some of these alts. I don't believe in another altszn but there are some quality gains to still make.

Congrats with the merit, you can use it to obtain more information, sell, or simply give it away and make someone else's day.
Na, I've been giving them out as I earned them as I didn't pay for them before I was merited. If I come across a post I love I merit it.
jr. member
Activity: 215
Merit: 7
Cobain of Crypto
You have highlighted the best things in the lockdown so far though it's killing people; I've earned 13 merits so far during the lockdown and it's a great achievement for me.. Angry Angry Grin Grin Angry I've made lesson plans to extend the teaching of blockchain to my neighborhood when the lockdown is lifted which I will definitely do once it's lifted. I think these are the two things I've achieved so far, hoping for more to come.

A lot of people have learned how to trade and monetize their time throughout the last couple of months. Digifinex UI/UX with my plugins has been great for an Asian exchange and I've been able to quickly jump in on some of these alts. I don't believe in another altszn but there are some quality gains to still make.

Congrats with the merit, you can use it to obtain more information, sell, or simply give it away and make someone else's day.
legendary
Activity: 2254
Merit: 2253
From Zero to 2 times Self-Made Legendary
My custom before and during the Chinese New Year is buying shell stock to be exported after the Chinese New Year ends with the destination markets are China and Vietnam and for regular customers. But this year due to the pandemic, the warehouse is full of about 60 tons of shells. Some buyers who do not actually end users postpone purchases. Realizing that silence was not a solution, and even though it seemed that the economy was stopping but our efforts could not be stopped. I finally tried to find a new buyer and offer shells in the warehouse, as a result, I found an end buyer (factory) interested in buying raw materials, and I managed to get a contract offering shells as much as 260 tons per year & the initial export was done at the end of June, unfortunately my capital is very limited even less, but I'm sure where there is a will there is a way.

During the pandemic, I also gave a brief training on cryptocurrency to my wife and several interested colleagues. The phenomenon that occurs in my country is, since the pandemic emerged, many mothers have started selling online, especially the food they cook themselves.
hero member
Activity: 1932
Merit: 622
...The world may never know what is going to happen next or what opportunities come our way. The best advice is to stay consistent in whatever you're good at and keep that pig-headed discipline. ..
During this pandemic, the are only two things that my parents always ask me and my little family in out-of-town. They are
1. Are you healthy all?
2. Do you have money for food?
It is simple and makes sense. They feel afraid if their children cannot eat anything and lack of the money so that we will be very suffering in this town. We have no siblings or other families here and we cannot ask for help to others because they also feel the same.
Yeah, the questions are very real because they know that many people are jobless during this pandemic.
But, through this crypto world, fortunately my little family and I can really get earning enough for our necessities during this pandemic and help some for others.
I cannot imagine if I don't know abut this online activities, this crypto world, I probably will turn to be very suffering during this pandemic.
And here, because of the earning from crypto and other online activities, we can prove that job is not only at the office, wearing uniform and also working in our. Working online is also worthy to do and it is also very valuable even in this pandemic. So, it is better not to underestimate online job like this.
I'm also pretty sure that many more people will be realized the significance of the digitized system.
sr. member
Activity: 1176
Merit: 279
yes
You have highlighted the best things in the lockdown so far though it's killing people; I've earned 13 merits so far during the lockdown and it's a great achievement for me.. Angry Angry Grin Grin Angry I've made lesson plans to extend the teaching of blockchain to my neighborhood when the lockdown is lifted which I will definitely do once it's lifted. I think these are the two things I've achieved so far, hoping for more to come.
jr. member
Activity: 215
Merit: 7
Cobain of Crypto
There are new opportunities being created everyday during this pandemic, and some companies are now working remotely so that their employees can work from their homes. One thing I have noticed is that most of the jobs I am seeing these days that are being done remotely are jobs that has to do with software engineering. There are also other jobs, but none of them are up to the level of jobs that the engineering space provides.

It’s good to take this time and learn other skills, whether it’s copywriting skills, web and app developing, marketing skills and every other skills you think will be useful at this time. Although that doesn’t change the fact that there are still important jobs that can’t be done online.

Those running charities and non-profits during this time will truly flourish when this ends. It's all about long term plays here and working with like-minded individuals.

I've also noticed a lot of jobs coming up in emerging industries eg AI, e-learning platforms, e-commerce, the list goes on.
sr. member
Activity: 2562
Merit: 329
There are new opportunities being created everyday during this pandemic, and some companies are now working remotely so that their employees can work from their homes. One thing I have noticed is that most of the jobs I am seeing these days that are being done remotely are jobs that has to do with software engineering. There are also other jobs, but none of them are up to the level of jobs that the engineering space provides.

It’s good to take this time and learn other skills, whether it’s copywriting skills, web and app developing, marketing skills and every other skills you think will be useful at this time. Although that doesn’t change the fact that there are still important jobs that can’t be done online.
jr. member
Activity: 215
Merit: 7
Cobain of Crypto
Wise words from Digifinex's Kiana Shek. Opinions matter, as long as their helpful.

Yeah yeah
Ask somebody who is invested in oil what he thinks about electric cars and he will tell you he doesn't know anybody who bought one

Consensys blames COVID-19 for layoff of 90 employees
Layoffs at Blockchains LLC could delay 67,000 acre "smart city"
Crypto custody firm BitGo has laid off 12% of its workforce
Blockchain trade finance platform we.trade makes lay off
and more

Do you think just because your business online you will profit from the pandemic?
Wow, you sell things online, you provide online services, you are safe...until..
Until your clients who work in pubs, restaurants, hotels are laid off and they have no more money to pay you and you go bankrupt!



Solution: stick to working with technologically advanced companies  Wink
full member
Activity: 1414
Merit: 228
Omicron is another FUD
Crypto space will continue to provide opportunities, just how do we find that opportunities..  working patiently and consistently at this time will enable us all to get through this difficult time until the vaccine is truly found, the hope will always be there..

Before that, I fill myself with new stuff, learning new things, even trying to remember what I always did back in 2013 when the first time I know Bitcoin. Even though my finance is not yet back to normal, I learned myself a thing or two.

Would love to hear story from others who got impacted by this pandemic, specially those who work in the industry.
learning new things in this "pandemic" period is a good thing..  
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
Wise words from Digifinex's Kiana Shek. Opinions matter, as long as their helpful.

Yeah yeah
Ask somebody who is invested in oil what he thinks about electric cars and he will tell you he doesn't know anybody who bought one

Consensys blames COVID-19 for layoff of 90 employees
Layoffs at Blockchains LLC could delay 67,000 acre "smart city"
Crypto custody firm BitGo has laid off 12% of its workforce
Blockchain trade finance platform we.trade makes lay off
and more

Do you think just because your business online you will profit from the pandemic?
Wow, you sell things online, you provide online services, you are safe...until..
Until your clients who work in pubs, restaurants, hotels are laid off and they have no more money to pay you and you go bankrupt!

legendary
Activity: 3080
Merit: 1353
I am enjoying the opportunity to work online despite of the fact that unemployment rate is high now, I want to call myself blessed and lucky at the same time. The market seems looking good, quite stable for a while, so I like to assume that crypto market are affected positively with the covid-19.

I am used to work from home before, so I'm not new to this, however, once or twice a week I have to report to office. But in the last couple of months, everything is done online, so yes, we are still blessed that we still have work despite the Covid-19.

AFAIK, crypto casinos have increase their revenue during this time as people can't go into a land based casino, so that alone is already a success and opportunity for some who like to take advantage of this, with that, when more casinos will operate, more jobs will also be created in the crypto space, so that again is another opportunity for people seeking for a job.

Crypto casinos is one, and I think not only crypto has created a lot of opportunities, but people really tend to go online now. So everything that you needed can be purchased you just need some apps that recognized crypto/fiat then you are good to go.
hero member
Activity: 3052
Merit: 606
I am enjoying the opportunity to work online despite of the fact that unemployment rate is high now, I want to call myself blessed and lucky at the same time. The market seems looking good, quite stable for a while, so I like to assume that crypto market are affected positively with the covid-19.

AFAIK, crypto casinos have increase their revenue during this time as people can't go into a land based casino, so that alone is already a success and opportunity for some who like to take advantage of this, with that, when more casinos will operate, more jobs will also be created in the crypto space, so that again is another opportunity for people seeking for a job.
jr. member
Activity: 215
Merit: 7
Cobain of Crypto
MOREOVER- if you're comfortable, maybe state where you're from and how being domiciled in your country has affected your ability to find opportunities.
jr. member
Activity: 215
Merit: 7
Cobain of Crypto
During this pandemic, while we are in a quarantine or lockdown, I manage to observe the market and wait for some movement in market price. I prioritize my bitcoin and ETH because they made me grow in using them in the market. This "New Normal" is not that easy to adapt, but what can we do if we have nothing against this pandemic but to prevent ourselves from getting them.

Digital currency or cryptocurrency is what we need and we should focus on right now.

Also, this quarantine will give us opportunity to explore more assets or altcoins that we never hold before. There are a lot of opportunities for us to make profits using other coins that can give us hope when we are still suffering from financial crisis. Hopefully, after this pandemic, we can promote the use of bitcoin and the cryptocurrency community should increase and grow more.



How is trading going for you? BTC has been very unpredictable after following the traditional finance crash, but with a strong bounce back to a $9k support.

I personally cannot focus on the price. Love the volatility but not the stress...
jr. member
Activity: 210
Merit: 2
Maybe true.
There's a lot of opportunities here, if we just have all the knowledge in cryptoworld. As for me, i began to be very active here from the start of lockdown and home quarantine days until now and also sell some items online for our daily living.
Its a strange time, yet, quite perfect for crypto jobs like bounty campaigns to earn,  trade and invest.
hero member
Activity: 2744
Merit: 761
Burpaaa
Having more time to monitor trading in these Pandemic is the silver lining I see during quarantine, however I only do small trading since there is a doubt that I might overused the money that is needed by the next extension months of the quarantine but every little amount helps in during that months that I do day trading.
I also take advantage now signature campaigns which I don't focus before pandemic, more casinos were active in doing campaigns here as the demand of people playing online now is rising.
Though, this Pandemic really damage a lot of businesses we hope that we can still find ways to earn.
sr. member
Activity: 1120
Merit: 272
First 100% Liquid Stablecoin Backed by Gold
During this pandemic, while we are in a quarantine or lockdown, I manage to observe the market and wait for some movement in market price. I prioritize my bitcoin and ETH because they made me grow in using them in the market. This "New Normal" is not that easy to adapt, but what can we do if we have nothing against this pandemic but to prevent ourselves from getting them.

Digital currency or cryptocurrency is what we need and we should focus on right now.

Also, this quarantine will give us opportunity to explore more assets or altcoins that we never hold before. There are a lot of opportunities for us to make profits using other coins that can give us hope when we are still suffering from financial crisis. Hopefully, after this pandemic, we can promote the use of bitcoin and the cryptocurrency community should increase and grow more.

hero member
Activity: 2968
Merit: 913
Whenever I see the word "opportunity",I immediately start to think about scams...
Opportunity seems like a pretty vague term.What do you mean by "Opportunity"-crypto startup projects,where someone could invest or job opportunities?
In the current recession,it will be pretty difficult to create a successful crypto startup.Most of the investors are running away from high risk projects,so you won't get funding and probably you won't get any customers.
The economic situation forces more people to stick with what they are already familiar and what is considered safe.Risk takes and innovators will have a hard time achieving their dreams and goals.
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