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Topic: The Role of Cryptocurrencies in Pandemic Times - page 3. (Read 714 times)

hero member
Activity: 1246
Merit: 502
To be honest cryptocurrencies at first created is not for speculation, it is vision is for making money is real money, no inflation or what so ever, i believe DeGi is the next banking but you still need to wory about scam DeFi project out there.
sr. member
Activity: 882
Merit: 253

I believe a lot of noncrypto users educate themselves regarding crypto during this pandemic period. Yes, many are hesitant to touch crypto because of their negative perception towards crypto. But with the knowledge they have now, I believe some changed their perspective on btc or crypto. Indeed, this crisis actually brought positive impact in crypto in general. Look at how much the btc is valued and compare it before the pandemic.
Yes, you're right. It's allow people to go with cryptocurrencies while they been lockdown. They find a way to earn money while they lose their job because of the pandemic. They learn that there's future in cryptocurrency. I'm sure that those people already invest after they have learn money after they back to their respective works. Yes, there's positive impact in crypto, the price during the beginning of the pandemic didn't not turn down but it pump during these times. Crypto helps holders when the time that they have enough money in their pockets.
full member
Activity: 1190
Merit: 117
For me, cryptocurrency is a savior in a pandemic situation like now, where all countries are experiencing economic crisis. And also almost all assets
have decreased in price in a pandemic situation like now, but cryptocurrency is very different from other assets. After the crypto price fell in March 2020,
it didn't take long before the crypto price started to recover. Even some DeFi pump in 2020, then at the end of 2020 all coins began to be pumped
following the Bitcoin price which continued to rise dramatically until the beginning of 2021. So I don't regret saving my money in crypto. Now I can
start reaping the rewards.
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
This epidemic has certainly increased the awareness and adoption of cryptos more than ever before. The volatility of the crypto market makes it clear that people are ready to invest or have started investing in cryptocurrencies.
It also forces people to accept the fact that cryptocurrencies are not only dark, illegal or tax evading but also more widespread. I see more and more companies pop up and offer different DeFI services, whose choices in 2019 were unimaginable.
So crypto played a very important and crucial role in the epidemic. And I agree with everyone else that the future lies in DeFI

I believe a lot of noncrypto users educate themselves regarding crypto during this pandemic period. Yes, many are hesitant to touch crypto because of their negative perception towards crypto. But with the knowledge they have now, I believe some changed their perspective on btc or crypto. Indeed, this crisis actually brought positive impact in crypto in general. Look at how much the btc is valued and compare it before the pandemic.
sr. member
Activity: 1188
Merit: 251
defi is the main project that was seeded when this pandemic because it concerns the global economy.
and defi to be a solution although I'm not sure it can solve the problem entirely.
projects that have superior potential in this situation should be better looked at.
full member
Activity: 2352
Merit: 245
Crypto currencies will pay important role either there is a pandemic or not; i say this because crypto currency serve as a means of payment; and it is presently being adopted to cushion and put under control the pandemic i.e if you use crypto currency tokens for payment of service; there will be no exchange of fiats; which could spread the covid19 pandemic. It doesn't have to be the token you are shilling, it can be etherum, litecoin , tron or xlm
The coronavirus pandemic has pushed people to study and use cryptocurrency. Temporary severe restrictions on movement and visiting public places changed our usual way of life and forced us to do things that we simply could not get our hands on.
At the same time, cryptocurrency has become a safe haven for people's savings from the rising inflation of conventional currencies. Therefore, the cryptocurrency began to grow rapidly in price and be in demand.
hero member
Activity: 784
Merit: 672
Top Crypto Casino
It is due to the pandemic times crypto is gaining 100s of 1000s of more users than ever it could. New people are investing their money on crypto as they find it convenient enough to do everything from their homes.

The role of cryptocurrencies in these times is really important for the people who want to work from their homes as they could deal using cryptos for less fess and faster transfer speeds. Cryptos are saving many business from getting bankrupt in this pandemic period, and they are helping humans problems way better than other things.
newbie
Activity: 126
Merit: 0
This epidemic has certainly increased the awareness and adoption of cryptos more than ever before. The volatility of the crypto market makes it clear that people are ready to invest or have started investing in cryptocurrencies.
It also forces people to accept the fact that cryptocurrencies are not only dark, illegal or tax evading but also more widespread. I see more and more companies pop up and offer different DeFI services, whose choices in 2019 were unimaginable.
So crypto played a very important and crucial role in the epidemic. And I agree with everyone else that the future lies in DeFI
member
Activity: 700
Merit: 14
Crypto's main benefits in terms of payments and liquidity will prove to the world its best in terms of features. A pandemic outbreak will trigger a regime of social simplification. Where banks are overwhelmed and stagnant, crypto shows perfect excess movement. A painted picture that the world actually sees and the value of bitcoin and crypto going up proves that Bitcoin is immune to the corona virus. and the contributions of bitcoin and crypto to the fight against covid19 should be acknowledged!
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
True, the matter of a pandemic will not affect the growth of cryptocurrency, because the work in crypto is not directly related to one person to another, so there is no influence whatsoever for the development and growth of crypto in general.

All of the activities in the crypto based on the online transaction and that's why so many people were loosing their job on their life were coming to the crypto to generate some money from trading in the market.
The pandemic didn't give any impact to the crypto market but the opposite thing was happening when bitcoin was growing even higher than before.
Crypto is the only way to get the money other than stock market. WFH gives a lot of impact too.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
How about your experience?
Had to sell some and buy some. It's been a very great of help during this pandemic and had to choose well for buying up again at a very good time.
If this continues, I won't spend most in portfolio and aiming to add some more because of those sell offs that I've did last year. Happy to see that my investments in some alts and mostly in bitcoin had been paid off and very rewarding because of the bull run.
Worthy  and just right for those who took risk on saving up into those previous years and regrets for those who had actively spending their coins and dont mind off the money or profit making opportunity.

It is really providing a great help in times like this when it comes to money because out of my holdings i do convert some of it to fiat and make use or buy up something which is important.

I had lost my job but at least i do able to find some job online plus adding my forum works that do really earn me on the sufficient side.
For people who had been engaging into this market are definitely on the plus side or advantageous.
Exactly. It's really a big help in times that unexpectedly came to us. For those who were been laid off in their jobs but had some crypto holdings.
They can survive because the market's situation is very well and at least while taking some rest, you get to have money to spend on if you're willing to sell because that's why we're holding. To sell it someday in times of need.
sr. member
Activity: 1246
Merit: 285
~
How about your experience?
of course this means a lot. when the economy in real jobs dropped dramatically, and my friends began to confide in a lot for fear of layoffs. I am very grateful to be in this ecosystem, where I can still earn income during this very difficult pandemic.
This is an important lesson for all of us, at least we have to have a side job, or savings, or investment, which if can be a backup when there is noise at the main job.
I hope this pandemic will end soon and we can carry out our activities and work as before,
member
Activity: 1764
Merit: 10
The role of cryptocurrencies during a pandemic is very huge, because many people are without job now and these people with the help of cryptocurrencies can afford to create income with which they can wait out the pandemic, but unfortunately not all people know about cryptocurrencies or have any skills in cryptocurrency sphere, but I think a lot of newcomers came to the cryptocurrency sphere during the pandemic, because many people need any earnings and cryptocurrencies can give this earnings.
legendary
Activity: 2520
Merit: 1040
Catalog Websites
This pandemic period is very detrimental for all of us, especially financial problems. Luckily I have been working on #Crypto since 2017 and this year I found EquilibriumDeFi to boost my finances.
Regarding the details of EquilibriumDeFi you can see it on their official twitter https://twitter.com/EquilibriumDeFi

How about your experience?
Nice way of advertising a new DeFi project under Polkadot Smiley. Using Pandemic to be more clickbait-worthy Cheesy. Good strategy bruh.
Just browsed the page for a bit and it is a combination of Lending and Trading.

Anyway to answer it, crypto helped me survive into this pandemic. I still have some income source despite of my other job greatly affected by what is happening right now. I know though that it is not only me who helped by crypto in this times where most of the people are striving very hard to get money.
full member
Activity: 1260
Merit: 100
SOL.BIOKRIPT.COM
My experience during a pandemic like this only has a sense of regret, because there is no calculation at all and even that the assets that I once owned were used up and burned..and actually this time is the right time because surely all want to sell assets with low value because of urgent needs..
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
This pandemic period is very detrimental for all of us, especially financial problems. Luckily I have been working on #Crypto since 2017 and this year I found EquilibriumDeFi to boost my finances.
Regarding the details of EquilibriumDeFi you can see it on their official twitter https://twitter.com/EquilibriumDeFi

How about your experience?
Please don't use the pandemic for your Stupid Advertising ? The pandemic is a serious case just to use for this Defi Shit projects.

you have been here since 2017 but you need to create an alt just to Voice this out ? Obviously you don't wanted to punish your Main account if this turns out scam right ?

This is what trumps say to you



Anyway there is a lot thing that Crypto does help in Covid and i am one of those who use it to help people.



legendary
Activity: 2338
Merit: 1124
The work that used to be before the pandemic was conventional, after the pandemic everything changed, yes WFH or Wrok From Home has become a real phenomenon, and the most highlighted is about trading, investment and crypto currency, if you have learned crypto currency since 2017, of course this is the thing. it is very useful for you, because the portfolio you have is definitely more, yes and you will survive this pandemic. And me same of you. I was in crypto since 2017, and now i survive.
It is really a freedom thing we have right now, if you came in at 2017 you are not too late, I came in earlier than that and I can say that since bitcoin was first created all of these situations were created in order to help regular retail investors to get away from the stock market and the banks that screw them over and find a place where they can make a profit among themselves.

I personally believe that making a profit here is ten times more important to making a profit anywhere else. Plus if you can build a strong portfolio that can test the time and do not sell, in 10-15 years we are all going to be very very rich, these prices will be tiny compared to what it can be in 10-15 years. So we should all stop caring about if it goes down, and just focus on buying more and more, even after it reached this peak again we should keep buying more.
full member
Activity: 910
Merit: 100
This pandemic period is very detrimental for all of us, especially financial problems. Luckily I have been working on #Crypto since 2017 and this year I found EquilibriumDeFi to boost my finances.
Regarding the details of EquilibriumDeFi you can see it on their official twitter https://twitter.com/EquilibriumDeFi

How about your experience?
The work that used to be before the pandemic was conventional, after the pandemic everything changed, yes WFH or Wrok From Home has become a real phenomenon, and the most highlighted is about trading, investment and crypto currency, if you have learned crypto currency since 2017, of course this is the thing. it is very useful for you, because the portfolio you have is definitely more, yes and you will survive this pandemic. And me same of you. I was in crypto since 2017, and now i survive.
hero member
Activity: 2996
Merit: 609
How about your experience?
Had to sell some and buy some. It's been a very great of help during this pandemic and had to choose well for buying up again at a very good time.
If this continues, I won't spend most in portfolio and aiming to add some more because of those sell offs that I've did last year. Happy to see that my investments in some alts and mostly in bitcoin had been paid off and very rewarding because of the bull run.
Worthy  and just right for those who took risk on saving up into those previous years and regrets for those who had actively spending their coins and dont mind off the money or profit making opportunity.

It is really providing a great help in times like this when it comes to money because out of my holdings i do convert some of it to fiat and make use or buy up something which is important.

I had lost my job but at least i do able to find some job online plus adding my forum works that do really earn me on the sufficient side.
For people who had been engaging into this market are definitely on the plus side or advantageous.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
How about your experience?
Had to sell some and buy some. It's been a very great of help during this pandemic and had to choose well for buying up again at a very good time.
If this continues, I won't spend most in portfolio and aiming to add some more because of those sell offs that I've did last year. Happy to see that my investments in some alts and mostly in bitcoin had been paid off and very rewarding because of the bull run.
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