Is bitcoin a good investment in this pendamic situation? - page 3.

mumang siat

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Quote from: farhanabd88 on June 28, 2021, 10:39:22 AM

Crypto currency is one of the best investment platform in whole world. Where bitcoin is more profitable and secure investment which we have already proven. So in this pendamic situation those who wants to hold an asset that's resistant to inflation may find investing in bitcoin will be a good idea. Because Where the central banks of any country have the permission to print infinite amount of fiat currencies on the other hand the quantity of bitcoin is fixed in number and limited by its supply capped at 21 million. I think demand is more than supply is applies for bitcoin so in this pendamic situation bitcoin will be a good investment.

In the current pandemic conditions, crypto is the best solution for investing, especially if we invest using bitcoin, the pandemic conditions do not have a big impact on bitcoin, because bitcoin's stability can survive in such conditions.

In contrast to investing using fiat money, this is very influential with the current pandemic conditions, fiat money usually experiences a recession against an ongoing disaster or pandemic, that's why bitcoin is safer than investing in fiat currency.

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Quote from: bots1 on August 18, 2021, 05:30:05 AM

In the midst of the current pandemic situation, this is the right moment to invest in cryptocurrency or bitcoin. Bitcoin investment has the potential to gain profits in the midst of the current pandemic conditions. This is evidenced by the price of bitcoin and other crypto assets starting to increase again. The coronavirus (covid-19) pandemic did not have a direct impact on the decline in bitcoin prices. The reason for the drop in prices was simply a sell-off from a group of people who needed cash to shop and save their businesses due to the pandemic.

at times like this investing is not too rushed because it is up to one's decision whether they invest or not because this will depend on one's financial ability. A person's success will largely depend on how dedicated you are to your life goals. The pandemic situation is not a big obstacle for some people but for those who have enough money or enough to make money then this will really be a big problem for them but if you can really see few chances then you will really find a way out.

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Quote from: farhanabd88 on June 28, 2021, 10:39:22 AM

Crypto currency is one of the best investment platform in whole world. Where bitcoin is more profitable and secure investment which we have already proven. So in this pendamic situation those who wants to hold an asset that's resistant to inflation may find investing in bitcoin will be a good idea. Because Where the central banks of any country have the permission to print infinite amount of fiat currencies on the other hand the quantity of bitcoin is fixed in number and limited by its supply capped at 21 million. I think demand is more than supply is applies for bitcoin so in this pendamic situation bitcoin will be a good investment.

Currently digital money (Bitcoin) is more promising in investing, compared to fiat currencies. This condition greatly affects the value of inflation if you use investments using fiat currency, imagine this happening almost all over the world, then how is the continuity of investment with fiat currencies.

Unlike Bitcoin, this can actually be controlled well by anyone, there is no term massive inflation that will occur, if bitcoin is everyone's reference in investing, that's why almost all countries have started creating their own digital money.

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In the midst of the current pandemic situation, this is the right moment to invest in cryptocurrency or bitcoin. Bitcoin investment has the potential to gain profits in the midst of the current pandemic conditions. This is evidenced by the price of bitcoin and other crypto assets starting to increase again. The coronavirus (covid-19) pandemic did not have a direct impact on the decline in bitcoin prices. The reason for the drop in prices was simply a sell-off from a group of people who needed cash to shop and save their businesses due to the pandemic.

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The pandemic has affected every financial institution all over the world. Where crypto currency is the only market place who treated as green signal in pandemic. The recent cryptocurrency market crash should be seen as a temporary price correction. Bitcoin is a store of value and should be treated as an asset class with a long-term forecast on gains. Price corrections are a part and parcel of every asset class. Bitcoin - the most popular cryptocurrency, has become a highly valued asset of 2020. Take a close look at the historical prices of Bitcoin; you will see that it has tremendously outperformed itself in value by rising over 500% in six months. Other altcoins have also performed well. So definitely it would be a good investment.

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Quote from: inanilujimi on August 05, 2021, 01:39:37 AM

For me bitcoin is the best investment not only during a pandemic but for a very long time bitcoin is the best investment ever.
bitcoin has been around for more than 10 years and has a very high ROI almost every year.

I don't think there is a direct relationship between the pandemic and bitcoin, because it's clearly different. if the pandemic will not make many people will join crypto because it takes time and funds that cannot be instantaneous.

but I agree with you that bitcoin is the best investment to date, whenever you buy it then if you keep it you can be sure the price you will get is greater than when you bought it. because the increase will occur when the halving occurs every 4 years and that can be ascertained.

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Quote from: asrinur on August 08, 2021, 11:42:13 AM

Quote from: chikading2016 on August 07, 2021, 09:22:17 PM

Bitcoin is a good investment but it depends on your exist funds. We cannot really deny that we are all having a hard time finding a job or money for financial we also need funds this time to buy important things because of pandemic most of us is shorten in terms or funds. But if we have funds we can still invest in btc just an amount that we can afford to loss if ever we loss.

While they may look tempting, crypto assets are not without their drawbacks. Its significant volatility makes investing in crypto assets to be considered carefully. Especially if you plan to trade, not just invest. So it's important for a beginner to really study bitcoin trading in depth in order to minimize losses.

Crypto investment is like a roller coaster, I suggest to have more/enough money before enter crypto investment, because most investors put all their money and when they see the price drop 10% in a day then panic and sell with loss.

I agree on that, crypto is what we called an unstable investment with unstable profit or if possible we can also loss on it, so before engaging on crypto investing process we need to be sure that we have enough funds to invest into it, something like we are financially free before investing.

agree that whether there is a pandemic or not, it is still risky to invest in crypto because it is very volatile; it just depends on the person who is taking the risk, which is why those investors say that invest what you can afford to lose because we don't know what will happen with our investments money, it is not guaranteed to be returned to you, but risking it will also get you a reward Almost everything has a risk, and it is up to you to take it.

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Quote from: farhanabd88 on June 28, 2021, 10:39:22 AM

Crypto currency is one of the best investment platform in whole world. Where bitcoin is more profitable and secure investment which we have already proven. So in this pendamic situation those who wants to hold an asset that's resistant to inflation may find investing in bitcoin will be a good idea. Because Where the central banks of any country have the permission to print infinite amount of fiat currencies on the other hand the quantity of bitcoin is fixed in number and limited by its supply capped at 21 million. I think demand is more than supply is applies for bitcoin so in this pendamic situation bitcoin will be a good investment.

It is. COVID-19 surely helps a lot in terms of popularity of Bitcoin to become mainstream which eventually hit an all time high of nearly $65K. In this pandemic, the realization of the people in terms of utility and use of electronic money is quite immerse that it overwhelms the supply. In my own opinion, it is really wise to have atleast 1 Bitcoin in our portfolio and accumulate more and more no matter what the price is. It is a digital gold that would forever appreciate in price.

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The corona virus pandemic has made many investors move their investments to bitcoin and other cryptocurrencies, because the price of bitcoin actually increases during the pandemic, where the prices of other investment commodities are exposed or fall due to the impact of covid-19. People certainly choose the right investment in securing their money.

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Quote from: chikading2016 on August 07, 2021, 09:22:17 PM

Bitcoin is a good investment but it depends on your exist funds. We cannot really deny that we are all having a hard time finding a job or money for financial we also need funds this time to buy important things because of pandemic most of us is shorten in terms or funds. But if we have funds we can still invest in btc just an amount that we can afford to loss if ever we loss.

While they may look tempting, crypto assets are not without their drawbacks. Its significant volatility makes investing in crypto assets to be considered carefully. Especially if you plan to trade, not just invest. So it's important for a beginner to really study bitcoin trading in depth in order to minimize losses.

chikading2016

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Bitcoin is a good investment but it depends on your exist funds. We cannot really deny that we are all having a hard time finding a job or money for financial we also need funds this time to buy important things because of pandemic most of us is shorten in terms or funds. But if we have funds we can still invest in btc just an amount that we can afford to loss if ever we loss.

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Quote from: asrinur on August 07, 2021, 03:55:42 AM

Bitcoin is the best investment that is not affected by government policies and global policies such as during the pandemic directly. Because what affects the price of bitcoin is only supply and demand where the supply is very limited.

I'm not ready to agree that bitcoin is not influenced by government policies and global economic situations but fortunately the supply and demand mechanism of bitcoin is overcoming all impacts of those policies which must be the core reason why bitcoin is appreciating on its own rather than depending on policies all around.

Definitely bitcoin must be the very good option for investment in this pandemic times but bitcoin is still remaining highly volatile one hence investors must need to consider that before investing in larger scale.

asrinur

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Investing in Bitcoin is useful for any time. A little bit of savings in Bitcoin can bring a lot of good things in the future. Although the economic situation is not going well in this epidemic, we should keep in mind the issue of savings. I personally think investing in Bitcoin would be a worthwhile decision.

Indeed, Bitcoin is the best investment that is not affected by government policies and global policies such as during the pandemic directly. Because what affects the price of bitcoin is only supply and demand where the supply is very limited. However, during this pandemic, financial discipline is becoming increasingly important and challenging due to limited mobility and increased uncertainty.

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Quote from: Shasha80 on August 02, 2021, 05:26:04 PM

Quote from: asrinur on August 01, 2021, 07:16:40 AM

I think bitcoin is the best investment instrument, even during the current pandemic. This is also what makes Bitcoin very difficult to misappropriate. In fact, Bitcoin is one of the instruments that is considered to be able to withstand inflation. More and more people are interested in investing in Bitcoin. So, crypto assets are one of the choices. This is evidenced by the price of bitcoin began to increase again.

However, if you want to invest in Bitcoin, you need to look at future projections regarding Bitcoin's performance. Get to know the various risks before starting to invest in digital currencies.

Before the pandemic came Bitcoin was already a good investment, because it can generate profits if we understand how Bitcoin works. Especially
in a pandemic situation like now, where the government continues to print money, it will cause hyper inflation in the near future. Making Bitcoin
the best choice to save our wealth from inflation, because Bitcoin is not affected by inflation. This has begun to be realized by many institutions,
therefore this year several institutions have begun to invest long-term in Bitcoin. In the end, more and more people decide to invest in Bitcoin,
but I agree before we decide to invest in Bitcoin. It's better to learn everything about the crypto world, so don't just think about the profit that
will be generated, but knowing the risks that will be faced if investing in Bitcoin.

Indeed bitcoin was already a good investment before the pandemic came. but when the pandemic situation comes the interest in crypto is increasing. We can see this from the rapid movement of bitcoin and altcoin prices, even the bitcoin price has set a record high in the midst of the pandemic situation that is still engulfing us.
Thus, crypto investment in the midst of a pandemic is chosen by the public because they see investment opportunities in other sectors are so sluggish. Crypto was chosen because it has proven to be a safe haven asset and is more liquid. So people start thinking about new investments with fast returns. One of them is by trading crypto assets.

Avantikakaur

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The crypto market is always in the best position to invest in bitcoin the market for bitcoin has been around for so long as long as bitcoin has a position in the crypto market, no epidemic can do any harm. Whatever the economic situation of the country bitcoin will maintain its position. The crypto market is becoming more popular as the number of investments increases basically bitcoin shows its game every 2/3 years.

inanilujimi

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For me bitcoin is the best investment not only during a pandemic but for a very long time bitcoin is the best investment ever.
bitcoin has been around for more than 10 years and has a very high ROI almost every year.

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Quote from: MiF on August 05, 2021, 12:04:36 AM

Quote from: farhanabd88 on June 28, 2021, 10:39:22 AM

Crypto currency is one of the best investment platform in whole world. Where bitcoin is more profitable and secure investment which we have already proven. So in this pendamic situation those who wants to hold an asset that's resistant to inflation may find investing in bitcoin will be a good idea. Because Where the central banks of any country have the permission to print infinite amount of fiat currencies on the other hand the quantity of bitcoin is fixed in number and limited by its supply capped at 21 million. I think demand is more than supply is applies for bitcoin so in this pendamic situation bitcoin will be a good investment.

Bitcoin is always a good investment not only in this pandemic situation but also during the dip last 2018. If we have a big capital or if you are a financially free person I suggest to invest in Bitcoin than any other coins in crypto. Because Bitcoin is already proven as a good investment for long term. Can you imagine how big the profit you can possibly earn if you buy Bitcoin during the dip on 2018. Bitcoin is not a joke if I have the money as capital I will buy more Bitcoin even if there is a pandemic.

Through your lazy money into Bitcoin and forget about it. Institutions are continuously make investment on bitcoin, and they determined to continue buying BTC more. You should not worry throwing your money into it. I know it's hard to go long since Bitcoin volatility is not for the faint of heart but gold hands all the way up.

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Quote from: farhanabd88 on June 28, 2021, 10:39:22 AM

Crypto currency is one of the best investment platform in whole world. Where bitcoin is more profitable and secure investment which we have already proven. So in this pendamic situation those who wants to hold an asset that's resistant to inflation may find investing in bitcoin will be a good idea. Because Where the central banks of any country have the permission to print infinite amount of fiat currencies on the other hand the quantity of bitcoin is fixed in number and limited by its supply capped at 21 million. I think demand is more than supply is applies for bitcoin so in this pendamic situation bitcoin will be a good investment.

Bitcoin is always a good investment not only in this pandemic situation but also during the dip last 2018. If we have a big capital or if you are a financially free person I suggest to invest in Bitcoin than any other coins in crypto. Because Bitcoin is already proven as a good investment for long term. Can you imagine how big the profit you can possibly earn if you buy Bitcoin during the dip on 2018. Bitcoin is not a joke if I have the money as capital I will buy more Bitcoin even if there is a pandemic.

roosbit

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I really don't want to underline the pandemic to be the reason for your investment but take investing in bitcoin like investing in it like doing it on Christmas or st Patrick's day..it really doesn't matter.
But if we had to make the pandemic as a reason, with time most of us will learn to use less of fiat in its physical form and will opt to use cashless options like cryptocurrencies, so yeah it's a good idea to invest in bitcoin now .

Sir Legend

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Quote from: imstillthebest on August 03, 2021, 05:27:49 AM

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for some people maybe in this pandemic bitcoin can be one of the best investments.

yes because there are still people that are skeptical with bitcoin .
pandemic situation makes people hold their money more tighter and they are afraid to put it in investments that they are not sure of but for the people that already have an idea of how btc works ,
they dont think twice anymore because they know that btc can save them in difficult situations like the covid pandemic .

Bitcoin and crypto is the best and most profitable investment during the pandemic, I'm happy because I have crypto around $1200 at the end of 2019 or before the pandemic, because I hold and be patient the value is now more than $3780 or increased by more than 300%, I'm sure the same thing happened to all crypto owners.

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