Virtual products or services? Not much. In fact, I cannot think of anything in particular right now.
But in these recent times, most purchases are basically done online, but those are not virtual products. Those are basic necessities such as food and groceries. Stay-at-home orders make many of us highly reliant on online delivery services.
In my place, we cannot just go out everyday. Public transportation is also reduced to the minimum. The places where we can go to are also very limited. Online delivery services staff have special passes which allow them to go to work everyday. They could easily pass through checkpoints as well.
Topic: What online service / product would you buy in this recession ? - page 3. (Read 912 times)
What online service / product would you buy in this recession ?
What virtual product/service would you buy now ,knowing that there is a economic recession ?
What virtual product/service would you buy now ,knowing that there is a economic recession ?
Honestly I kinda wanna buy a TV. I have a crappy TV, 55" but it's like the cheapest 55" TV you can find, so it's all slow and sucks. Investing in entertainment in such scenario is not a bad idea, we're anyway spending lots of time at home so why not make it a bit more enjoyable.
Of course don't blow it all on enterntainment.
I think that what will be in high demand now is going to be health products like facemask, medications and so I can invest with somebody too with that ideology, this is the time of medical sells as profit will be guaranteed.
What online service / product would you buy in this recession ?
What virtual product/service would you buy now ,knowing that there is a economic recession ?
Do you have lockdown in your community? Because this is only suitable for countries that are not in lockdown. We can buy online products, but the question is. Does it necessary? Because you will pay highly in fee and probably a long week of waiting to deliver the product.What virtual product/service would you buy now ,knowing that there is a economic recession ?
So, I think it only applies for countries that doesn't in lockdown. Well, if ever I will buy, PPE's is the best to be bought in online. It doesn't expired and it is really helpful in this current situation.
Should it be online products/services?
I prefer to buy daily family needs by online, can it be? For, going outside is riskier, so buying those products online is better right?
What's else I will concern to buy during this pandemic and recession? Car? House? No, we don't need them right now.
But, if I have more money, I think that online gold investment may be worthy, can it be one of them?
I wonder what else I can buy, but nothing. I only concern to my life and family life continuity.
I prefer to buy daily family needs by online, can it be? For, going outside is riskier, so buying those products online is better right?
What's else I will concern to buy during this pandemic and recession? Car? House? No, we don't need them right now.
But, if I have more money, I think that online gold investment may be worthy, can it be one of them?
I wonder what else I can buy, but nothing. I only concern to my life and family life continuity.
Depends what do you have in mind, something that is necessary for the living or something that might be considered as investment.
I'm sure that majority of people in the current situation buys only what is necessary for them and their families and try to save as much as they can.But in necessary things usualy don't belong online services.
On the other hand, some want to take for their future somehow and investing might be a good idea, like in shares of some medical company that is neae the discovery for COVID 19 vaccine or cure.
I'm sure that majority of people in the current situation buys only what is necessary for them and their families and try to save as much as they can.But in necessary things usualy don't belong online services.
On the other hand, some want to take for their future somehow and investing might be a good idea, like in shares of some medical company that is neae the discovery for COVID 19 vaccine or cure.
investing in shares/stocks may work for you in the USA with robin hood and 401k , here in Europe is very very bureaucratic,can you believe that in Europe,we are not allowed to buy/sell Options ?
Cryptos/Bitcoin i don't want to get in to it as some will argue ...
The only crypto i would invest in is :
1.Must be decentralized
2.The coin must behave like a fiat , like when you give fiat to someone that transaction is not recorded and should stay anonymous...
3.The blockchain should clean it's self of unnecessary data after a period of time
4.ZERO transfer fees ,when you give fiat to someone ,nobody asks you any fee in real life
5.It should support smart contracts
6.It should support atomic swaps with coins using same source code
7.The coin you transfer should be backed by something important to you,something you want need in you pc phone(contacts/hard drive,ssd total erase etc ) ...like if your user A you want to send coin xyz ,you allow user B to see what's in your device , and User B values the coin based on what you have in your device ...WHAT i am trying to say is data it's self if it has value can become a crypto if we can figure out a way to encrypt/decrypt it ...
Depends what do you have in mind, something that is necessary for the living or something that might be considered as investment.
I'm sure that majority of people in the current situation buys only what is necessary for them and their families and try to save as much as they can.But in necessary things usualy don't belong online services.
On the other hand, some want to take for their future somehow and investing might be a good idea, like in shares of some medical company that is neae the discovery for COVID 19 vaccine or cure.
I'm sure that majority of people in the current situation buys only what is necessary for them and their families and try to save as much as they can.But in necessary things usualy don't belong online services.
On the other hand, some want to take for their future somehow and investing might be a good idea, like in shares of some medical company that is neae the discovery for COVID 19 vaccine or cure.
Answer to all your questions would be : Basic things needed to take care of family.
For the second it would be : Bitcoins and other new ICO token coins , because the government is literally not doing anything and unfortunately everyone is jobless and suffering therefore I will place my best bets with safe trading and if I lost more than 10% , would encash out instantly since the time is dire and whatever you loose would affect your family and you too .
I would like to extend this thread to tell how we should start saving up and taking care of our situation since I do not think we would be on the track soon enough.
For the second it would be : Bitcoins and other new ICO token coins , because the government is literally not doing anything and unfortunately everyone is jobless and suffering therefore I will place my best bets with safe trading and if I lost more than 10% , would encash out instantly since the time is dire and whatever you loose would affect your family and you too .
I would like to extend this thread to tell how we should start saving up and taking care of our situation since I do not think we would be on the track soon enough.
BTC
What online service / product would you buy in this recession ?
What virtual product/service would you buy now ,knowing that there is a economic recession ?
What virtual product/service would you buy now ,knowing that there is a economic recession ?
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