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Topic: New normal world will make crypto better - page 10. (Read 1908 times)

sr. member
Activity: 1036
Merit: 281
I think one of the reasons here is people get some research and found out they can improve or extend their source of income if they can invest at the crypto industry well. the only problem here is which project to invest your money with. because if you failed to choose the right project, we already know what's gonna happen next. Anyway, it's a good thing for them to invest in the crypto industry since this will be the trend now for there will be some major developments to promote this industry in the near future. Like for example where the other countries have already lifted their ban on cryptocurrencies.
What I'm worried about is, people who are new to this ecosystem are not aware of the risks involved, they just focus on the profit opportunities offered. That can make a difficult situation even more difficult, everyone must realize that all investment products must have risks, so be more careful. Unfortunately, there are still people who are greedy and only profit oriented, if the loss is due to their own carelessness they shout out loud that crypto scam. What irony.
There are a lot of people who we can considered as dumb when it comes to investing because they still do not have foundation about cryptocurrencies. For those newcomers, it is really better if we will focus on investing in our knowledge than to invest quickly in a project or in trading because for sure you will experience because of the lack of experience and information.
hero member
Activity: 1470
Merit: 521
No more Rekt and Bust
It make sense actually, the current situation is bad for bussiness. If cryptocurrency get a spotlight now i expect something good from it. Maybe it can bring back the hype from 2017  Grin. I hope somethimg good happens after this pandemic end for cryptocurrency
I don’t think it’s possible for the market to return to the same state as it was in 2017. most likely this will happen but not this year. it can only happen if the situation in the world will become better

That is right it is just a dream to see the market to return the same state as in 2017. It is not really possible for right now, maybe after time we can see that, however it will take a long time. There is just some effect on cryptocurrency price, as you above said the pandemic. No doubt after solving this problem maybe something can be better than at the moment.
full member
Activity: 560
Merit: 104
terra-credit.com
I think one of the reasons here is people get some research and found out they can improve or extend their source of income if they can invest at the crypto industry well. the only problem here is which project to invest your money with. because if you failed to choose the right project, we already know what's gonna happen next. Anyway, it's a good thing for them to invest in the crypto industry since this will be the trend now for there will be some major developments to promote this industry in the near future. Like for example where the other countries have already lifted their ban on cryptocurrencies.
What I'm worried about is, people who are new to this ecosystem are not aware of the risks involved, they just focus on the profit opportunities offered. That can make a difficult situation even more difficult, everyone must realize that all investment products must have risks, so be more careful. Unfortunately, there are still people who are greedy and only profit oriented, if the loss is due to their own carelessness they shout out loud that crypto scam. What irony.
sr. member
Activity: 893
Merit: 250
One of the objectives of cryptocurrency was created to overcome the problem of economic crisis such as during the covid-19 period. It seems that investors and the public will pay more attention to crypto as a substitute for conventional money.
that's true even some people were seeing crypto as the only solution for the crisis. satoshi has been creating a very good solution while there are so many parties can't still accept this.
The new normal will bring nothing and it's only a small change in our life.
member
Activity: 608
Merit: 10
Although crypto are really doing fine in this pandemic period. Also, when large companies such as banks invest in crypto it will be of good advantage. Moreover, there is always  a disadvantage for almost everything. The advantage of them invest in crypto especially some dead coin with very ow value will be pump.
full member
Activity: 770
Merit: 100
Oikos.cash | Decentralized Finance on Tron
It make sense actually, the current situation is bad for bussiness. If cryptocurrency get a spotlight now i expect something good from it. Maybe it can bring back the hype from 2017  Grin. I hope somethimg good happens after this pandemic end for cryptocurrency
I don’t think it’s possible for the market to return to the same state as it was in 2017. most likely this will happen but not this year. it can only happen if the situation in the world will become better
legendary
Activity: 3318
Merit: 1128
Popular Cryptos are doing better than traditional investment. Whole crypto market is doing improvement during covid pandemic where traditional businesses are suffering a lot. So large companies, banks found crypto as better field of investment and thereby most of the giants have separate arms to handle crypto assets. They are adding cryptos mainly btc, eth, defi into investment portfolio. Good days are coming if we survive through Covid19
I am seeing there are valid points in your statements but it seems it will be two early to assume about those big companies and institutional funds managers are adding cryptos as part of their portfolio. Because, I'm not seeing cryptos are performing like how gold is doing; FYI Gold has gained more than 18% this year alone. When bitcoin will be performing better than gold, I guess it will be considered as one of the best investment opportunity than what they are traditionally doing. I agree crypto markets are surviving against world economic conditions in this pandemic times but I'm not seeing  that alone enough to convince those big people.

I guess the coming months will be more crucial than what we had in this pandemic. I mean we are yet to experience more economic slowdown everywhere. When bitcoin markets will be performing better than last three months then I believe there will be plenty of chances for making it one of the main investment instrument for everyone in this world. Gold is already enjoying such a status in investment world and bitcoin is slowly marching toward that. So, it may take time if bitcoin keeps perform like how it is currently doing.
full member
Activity: 983
Merit: 100
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
It make sense actually, the current situation is bad for bussiness. If cryptocurrency get a spotlight now i expect something good from it. Maybe it can bring back the hype from 2017  Grin. I hope somethimg good happens after this pandemic end for cryptocurrency
sr. member
Activity: 994
Merit: 261
But I'm a little worried about crypto, I'm afraid this will make crypto end. I keep thinking when there is a problem in the crypto project that is detrimental to many people and also the problem of the hacking of the Twitter accounts of several public figures yesterday such as Bill Gates, Elon Musk, CZ Binance and others. And also some cases of hacking big YouTube accounts. Hackers use these accounts to seek profits and promote cryptocurrency projects. I am worried that if this continues to happen, it will make cryptocurrency less attractive to new people.
member
Activity: 287
Merit: 10
One of the objectives of cryptocurrency was created to overcome the problem of economic crisis such as during the covid-19 period. It seems that investors and the public will pay more attention to crypto as a substitute for conventional money.
member
Activity: 882
Merit: 13
It was affected at first, when the pandemic broke out maybe because most of the investors got afraid to lose their investments because they saw this pandemic for a long run that might affect the not only world economy, other business ventures but crypto investments as well. But as we can see, it has bounced back and continue to be stable and hoping to make even more progress as we are continue to survive with this struggles.
hero member
Activity: 1624
Merit: 500
I hope it does.
Still have a lot of altcoins in my possession and looking forward for them to make some good changes in their value.
I mean, the team is still there. It's just difficult to have another blast of investors since we all know there is a pandemic.

If ever this new buyers will come, I hope they will look at the old coins first and their features instead of making a new one.
I expect that to happen, and I hope not only that popular crypto is a good investment, but also for new crypto. because of this, I hope that the coming crypto will have serious development, and not disappoint. however, I look forward to that day. Well, I think that this might be seen in 2021.
hero member
Activity: 2996
Merit: 598
Leading Crypto Sports Betting & Casino Platform
Popular Cryptos are doing better than traditional investment. Whole crypto market is doing improvement during covid pandemic where traditional businesses are suffering a lot. So large companies, banks found crypto as better field of investment and thereby most of the giants have separate arms to handle crypto assets. They are adding cryptos mainly btc, eth, defi into investment portfolio. Good days are coming if we survive through Covid19

That's a big probability, this pandemic only proves that Cryptocurrency is resilient if it can stand a pandemic, it can stand every scenario that comes along the way, and this is an opportunity every investor should grab, invest on coins that are have proven itself in the market, institutional companies are now doing it, so you should too.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
I hope it does.
Still have a lot of altcoins in my possession and looking forward for them to make some good changes in their value.
I mean, the team is still there. It's just difficult to have another blast of investors since we all know there is a pandemic.

If ever this new buyers will come, I hope they will look at the old coins first and their features instead of making a new one.
sr. member
Activity: 1400
Merit: 259
In short, do you mean there is hope now with altcoins?  Grin

Yes, they might be looking for an option to make money.
But, also remember, this may not be long term.
So the instance they come in and all is in hype, better get your hands into your coins and tokens and sell them anytime.
hero member
Activity: 2268
Merit: 588
You own the pen
I think one of the reasons here is people get some research and found out they can improve or extend their source of income if they can invest at the crypto industry well. the only problem here is which project to invest your money with. because if you failed to choose the right project, we already know what's gonna happen next. Anyway, it's a good thing for them to invest in the crypto industry since this will be the trend now for there will be some major developments to promote this industry in the near future. Like for example where the other countries have already lifted their ban on cryptocurrencies.
sr. member
Activity: 2828
Merit: 344
win lambo...
It all has to see that the pandemic meant bad for economic growth but somehow it gives a positive effect into crypto, particularly in using Bitcoin. A little bit surprising as we think that the pandemic will also ruin its growth but that is a big opposite in returns.

And that you said is right and obviously we saw it already. This new normal changes a lot and that it opens the mindset of the people to adopt Bitcoin rather than to think negatively. The current increase of crypto users will tell something that we are in the market revolution, from FIAT to digital currency transformation is what we likely to see most in the future.
legendary
Activity: 3416
Merit: 1225
This pandemic is Cryptocurrency's biggest test on its existence and so far it's doing great, it recovered fast when it crashes because of the pandemic, and now very stable of course we all want another all-time high but that's asking too much when we have a very different scenario because so many economy are going down and just here in our country, unemployment is on an all-time high.
member
Activity: 266
Merit: 16
Sovryn - Brings DeFi to Bitcoin
Popular Cryptos are doing better than traditional investment. Whole crypto market is doing improvement during covid pandemic where traditional businesses are suffering a lot. So large companies, banks found crypto as better field of investment and thereby most of the giants have separate arms to handle crypto assets. They are adding cryptos mainly btc, eth, defi into investment portfolio. Good days are coming if we survive through Covid19
Positively I belief that crypto will do better than this once the pandemic is over but we don't know when this pandemic will finally be over, it's shows that crypto is more stronger and can withstand any market situation, if crypto was a bubble like many claimed this pandemic would have crashed crypto
hero member
Activity: 2576
Merit: 579
Stock market is growing too right now and this means nothing beside pumping. Covid wont help in crypto adoption, sorry
There is no need to apologize for giving suggestions or responses, because in this forum everyone is free to argue in any case, so if you say the current stock market is meaningless, then the crypto market will also mean nothing to you even though it is already many people benefit through the stock and crypto markets.
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