Topic: The Role of Cryptocurrencies in Pandemic Times - page 4. (Read 741 times)
Luckily I have stick into mining for how many months after the pandemic started, and I got a good amount of ethereum. I sold it for my needs, like food and water. It came in handy with the situation we are currently on, especially I only depend on a small business and too bad it closed because the Mayor said so to lessen the possibilities of the virus to spread. Now I am still currently mining and will continue to do so.
The pandemic makes people stressed because many of them have lost their jobs and I see many people have moved to make money on the internet, maybe I am lucky enough to have known crypto for a long time so I can survive from income daily trading and little extra money from the bounty, and also have other assets (BTC and ETH) for the long term
It seems to me that during the pandemic, many people lost their earnings. Therefore, they began to look for an alternative - the Internet. Cryptocurrencies have been around for a long time. So they rushed to learn to make money at home. But cryptocurrencies in any case would continue to develop regardless of the epidemiological situation in the world.
This pandemic has surely sped up the awareness and adoption of cryptos more than ever. The volatility of the crypto market is evident that people are ready to invest or have started investing in cryptocurrencies.
It has also made people accept the fact that cryptos are not just dark, illicit, or tax-evading mechanisms rather their usage is more widespread. I have been seeing more and more companies popping up and offering various DeFi services, the likes of whom were unimaginable in 2019.
so Crypto played a very pivotal and important part in the pandemic. And I agree with everybody else that the future is in DeFi
It has also made people accept the fact that cryptos are not just dark, illicit, or tax-evading mechanisms rather their usage is more widespread. I have been seeing more and more companies popping up and offering various DeFi services, the likes of whom were unimaginable in 2019.
so Crypto played a very pivotal and important part in the pandemic. And I agree with everybody else that the future is in DeFi
Lockdowns imposed in many countries around the globe had opened up to opportunities of people diverting their attention to cryptocurrencies, a lot of people probably due to their daily job and tight schedules don't really have time to learn and understand cryptos however a little research into it during lockdown had made an impact by attracting more investors who might have made a trial and were quite impressed particularly using it to make online purchases while avoiding physical contact with fiat and more of it features such as a store of value will make more investors to be attracted to it.
During the epidemic, people sought ways to save their money. This situation aim people to research cryptocurrencies. Ethereum was one of the currencies that increased in value the most. DeFi projects, on the other hand, produced very powerful technologies with Ethereum. I think these successes will continue for a while, so I will investigate this project.
But The Role of Cryptocurrencies in Pandemic Times, I find it seems like there is something that leads people to turn to more cryptocurrency, to look back when the pandemic impacts our lives, our jobs. Personal financial life is greatly affected. People tend to use the internet more, which is part of the reason why so many people know about it more. To tell you more about it, I got to know this project a long time ago, and recently I've started to see it more popular. It would be better if you go into details to it.
During the epidemic, people sought ways to save their money. This situation aim people to research cryptocurrencies. Ethereum was one of the currencies that increased in value the most. DeFi projects, on the other hand, produced very powerful technologies with Ethereum. I think these successes will continue for a while, so I will investigate this project.
Many people write that this is a very difficult time for people, it is difficult for them to survive and only the distribution of Bitcoins helps.
Basically, the consequences affected only entrepreneurs who already have money to support themselves in such situations.
And no one has the right to fire you from ordinary government work, unless your office is closed, and mostly very small business projects are closed.
At the expense of my history, I did not feel all these consequences of the pandemic, for me, as it was, everything remained, most likely due to the fact that this did not affect my profession in any way, the advantages of working remotely. Therefore, I don't even have any history here, everything is as it was and remains.
Basically, the consequences affected only entrepreneurs who already have money to support themselves in such situations.
And no one has the right to fire you from ordinary government work, unless your office is closed, and mostly very small business projects are closed.
At the expense of my history, I did not feel all these consequences of the pandemic, for me, as it was, everything remained, most likely due to the fact that this did not affect my profession in any way, the advantages of working remotely. Therefore, I don't even have any history here, everything is as it was and remains.
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?
Nah, you are just shilling out Equilibrium project.On the other hand about on the role of crypto in this pandemic times then i can say that it is indeed very helpful when it comes to finances.Regarding the details of EquilibriumDeFi you can see it on their official twitter https://twitter.com/EquilibriumDeFi
How about your experience?
I do also had some jobs or tasks that do pays out bitcoin which do eventually help me to sustain my living with it.Its not that permanent though but it is somehow make me able to survive this
very hard times.
When it comes to investment then i do make out some trades and do even hold up some coins which i do eventually able to make profits.
Not that much but still a significant amount for me to live.
I'll just ignore the defi that you have mentioned. But during this pandemic, we saw how crypto helped each of us. When you were saving it before, you have a fund that you can sell and use it with a justifiable purpose. Many jobs were lost and many companies laid off their employees.
And if you are one of those that have been badly affected, you were lucky to have something to pull off from your crypto portfolio and sell it in cases and times like the pandemic. With all of those stats report I've read, there is also a surge from non crypto people that just entered crypto and made them realize that this is real asset and money,except the scam cryptos.
And if you are one of those that have been badly affected, you were lucky to have something to pull off from your crypto portfolio and sell it in cases and times like the pandemic. With all of those stats report I've read, there is also a surge from non crypto people that just entered crypto and made them realize that this is real asset and money,except the scam cryptos.
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
As far as I understand, these project owners recently launched decentralized stable currency(EOSDT) based on EOS. But looks they did not get the expected attention. Volume is $5,798 and the highest/lowest price in 24 hours: $0.9383 /$1.00(it is too much for stablecoin). Will they do better with the new platform? Regarding the details of EquilibriumDeFi you can see it on their official twitter https://twitter.com/EquilibriumDeFi
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?
Regarding the details of EquilibriumDeFi you can see it on their official twitter https://twitter.com/EquilibriumDeFi
How about your experience?
No questions why this coins help you a lot this is the year of defi and many people really earn a lot from it. It will end soon how ever the earnings give by many defi project helps a lot of many people in different country since 2020 up to this day where most of the dedi project boom and even make a new ATH on its price.
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?
Regarding the details of EquilibriumDeFi you can see it on their official twitter https://twitter.com/EquilibriumDeFi
How about your experience?
i've think that defi really has a good future. i've heard a lot of traders are trading this coin, in regards with the crypto's role in the pandemic i really don't think it has a big role since right before the pandemic i've been into cryptocurrency already.
Cryptocurrencies has been really helpful at this time of the pandemic. Ever since the first lockdown was declared it seems a lot of people went hungry and despite that there are increasing cases of the Covid-19 virus, when you go to banks you’re going to see crowd starting from the outside of the building, and being in this crowd is a huge risk, so I have stayed clear from banks, all my transactions has been online, either using bank apps or cryptocurrency apps. And I have been able to do a lot of cross border transactions with the help of cryptocurrency without having to go to bank.
I guess people who save or leading their life along with cryptos might have got chances to escape from hitting by worst economy situations triggered by pandemic but now everywhere economic conditions are slowly recovering hence role of cryptos while pandemic times may not remain a topic anymore.
I guess people who save or leading their life along with cryptos might have got chances to escape from hitting by worst economy situations triggered by pandemic but now everywhere economic conditions are slowly recovering hence role of cryptos while pandemic times may not remain a topic anymore.
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
during a pandemic, only crypto can generate large and small amounts of money for users who already understand about the crypto world can be from investment and other activities as you do with current conditions making market conditions even better than before many coins go to the moon and was surprised the price was can high
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?
Yeah, during pandemic and lockdowns crypto has not only given people a new tech for payments and transfers but an alternative investment market as well and i think that crypto has now started to receive the limelight that also shows that we are moving closer to mass adoption. Also DeFi which is a product of crypto has provided alternative financial services to people also they can make side or extra income utilizing defi so overall crypto has really supported the masses during pandemic and it has emerged as a winner. Regarding the details of EquilibriumDeFi you can see it on their official twitter https://twitter.com/EquilibriumDeFi
How about your experience?
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?
Regarding the details of EquilibriumDeFi you can see it on their official twitter https://twitter.com/EquilibriumDeFi
How about your experience?
The role of Cryptocurrency is actually very helpful where everyone has lost their jobs, even the economy is very badly damaged even though it is not as bad as we imagine, actually the role of Cryptocurrency is being used by everyone to seek additional income from the effects of this pandemic, many people are looking for their fortune in the Crypto world, it is very The severe impact of the Covid-19 pandemic has made many people lose their jobs and livelihoods, I can't stop thinking what about people out there who don't know cryptocurrency, they have to think hard to find income during this pandemic, while they lose their jobs and plus the economy has declined very drastically, of course many companies have suffered huge losses, and of course there are so many people who are looking for work, can we all help them to teach them so they can get money in the world of Cryptocurrency! !
My experience might not be as good as yours but I am happy with all my decisions.
First, the investment plan. Instead of keeping it in banks, I put my savings in cryptocurrencies especially Bitcoin.
Now I am in profit but still have no plans of selling it.
I have other coins though like Ethereum and XRP. XRP sold out and Ethereum being sold little by little if needed.
Just imagine if I kept it in banks. My $1000 will still be the same and it could have been gone now for necessities.
First, the investment plan. Instead of keeping it in banks, I put my savings in cryptocurrencies especially Bitcoin.
Now I am in profit but still have no plans of selling it.
I have other coins though like Ethereum and XRP. XRP sold out and Ethereum being sold little by little if needed.
Just imagine if I kept it in banks. My $1000 will still be the same and it could have been gone now for necessities.
Is EquilibriumDeFi the reason why DOT is high right now? I'm amazed at how much it has increased in price. I hope there can be a decrease in price so that I could get a piece of it. I noticed that the description in the account has polkadot in it. That's why I asked the question (if you're just wondering, OP)
Anyway, it has kept me in quite a comfortable position ever since because, with the current happenings, everything is not as it seems, and the demand for crypto is higher than ever. It's just a shame that I have to withdraw my stacks because of the need to stay afloat with the expenses racking up due to the pandemic. There are grants and leeway by the utility companies, but you still have to pay it. It was quite challenging TBH.
Anyway, it has kept me in quite a comfortable position ever since because, with the current happenings, everything is not as it seems, and the demand for crypto is higher than ever. It's just a shame that I have to withdraw my stacks because of the need to stay afloat with the expenses racking up due to the pandemic. There are grants and leeway by the utility companies, but you still have to pay it. It was quite challenging TBH.
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