What risks will you get in investing during the COVID-19 pandemic?

Jackl87

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Quote from: Khumaidi on August 26, 2021, 08:08:57 AM

Then, is investing in cryptocurrency safe enough, especially during the COVID-19 pandemic?

What is your opinion about whether or not there is a risk involved in investing during the COVID-19 pandemic?

I don't think that the pandemic has any significant effects on the crypto-market as a whole. Of course back in 2020 when covid first appeared in the world the markets all over the world have seen a significant crash. No matter if you looked at traditional stock markets or the crypto market. Now that we are already living around 1,5 years with the pandemic i don't see it having any influence on the prices of cryptos and stocks anymore because the people are now used to living with the covid pandemic and in the end it wasn't even that bad, at least in my opinion. I would guess that only 1-2% lost their job because of Covid, at least here in Germany, so everything is fine.

Botnake

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Quote from: Jilapikhamu on September 09, 2021, 11:48:08 PM

Crypto investment always risk if you Don't know how to work market and demand and supply, and when investor research and know how markets react then it's safe to invest

In all kinds of investments there will always be risks regardless of we are in a pandemic or not. That is why we need to be more cautious in every investment that we take that it will never fall so as not to make financial losses too. But it will never be predicted for sure. So invest only on the amount we can afford to lose so that we can also minimize the risk of the investment itself.

This covid-19 pandemic has made a lot of disasters to everyone and while most of the companies are closing due to loss of sales, crypto is unexpectedly rise up even more and open opportunities to all kinds of people. So crypto should always be given value for that.

OrangeII

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Quote from: Khumaidi on August 26, 2021, 08:08:57 AM

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Then, is investing in cryptocurrency safe enough, especially during the COVID-19 pandemic?

What is your opinion about whether or not there is a risk involved in investing during the COVID-19 pandemic?

as far as I know, and the information I've heard, during this pandemic, so many people are laid off from their jobs due to problems with reduced income, and other reasons, so many people are encouraged to work on their own. If we go back to early 2020, when the pandemic was really high, by then quite a lot of people were learning about bitcoin or cryptocurrency because of the influence of income, work, and other economic factors. they invest and take risks, actually, I did that too, and right now, the bitcoin price has been very high since the beginning of 2020, and if we look back, we have even passed ATH. So, I feel that investing in crypto is quite safe, you just need to do some research, and devise a trading strategy so that if something unexpected happens, you don't get a big loss. however, it is not 100% safe, there will even be risks and problems that you can face in the future.

Jilapikhamu

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Crypto investment always risk if you Don't know how to work market and demand and supply, and when investor research and know how markets react then it's safe to invest

Argoo

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Anyway, I don't see any additional risks when investing in cryptocurrency following the emergence of the current coronavirus pandemic. On the contrary, states and their governments turned their attention to digital assets during this period, as cash turned out to be the carriers of the coronavirus. Of course, the enthusiasm for cryptocurrency on the part of people increased many times during this period, since during the quarantine period there was time to study this type of activity and the number of participants in this market increased.
There are risks in any kind of activity, and even more so in any investment of your money in any projects. The coronavirus, in my opinion, has played an even more positive role for the spread of cryptocurrency than negative.

timerland

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If you are trying to see bitcoin as a 100% safe asset, you are probably in the wrong spot buddy.

This applies to all asset classes and not just bitcoin, but cryptocurrencies in general are quite volatile. You can't expect to get the upside potential if not for the volatility in the short run.

The biggest risk I think is actually not diversifying into BTC and other altcoins in my opinion. It is clear that the crypto boom is just getting started and cryptos will be the dominant store of value going into the future.

tabas

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Best Advice For Crypto Investors - Don’t Rely On The Ignorance Of Others.

TL;DR Now that the blockchain market is moving again, focus on sound investing strategies. I read about it.

That's true but during this pandemic and while we're tackling with it, it is important too that you have to prioritize things first. And if you can't keep with your investments or add some more.
Then, prioritize your needs first before pushing for another investment because that will make you feel that you're lacking of something if you don't know what to prioritize.

sukmo

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For investing in cryptocurrencies I would argue there is no significant impact in this pandemic period.
Indeed, this pandemic period is very sad to make employers, employees stop working and do not earn income.
But for cryptocurrency holders they don't experience that.
They still earn income and keep investing with crypto.

pjwaffle

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Of course, investing during the covid-19 pandemic will have a high risk, because during the pandemic, the economy is in recession, leading to many investors dumping quite high prices, since the appearance of the covid epidemic -19 have you noticed that the market has been quite volatile, almost all cryptocurrency prices have gone down and so far things have gradually recovered, but we are clearly affected by the great battle. This covid epidemic has affected many fields, including cryptocurrencies

geegaw

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Quote from: ninabobo on August 28, 2021, 02:40:47 AM

Investing during a pandemic could be very risky due to the rate of price decrease in commodities but can also be a good time for investment because at that time you get most things cheaper especially in crypto you get most coins very cheap which increases your chances of getting more profit because when the effect of pandemic reduces those who sold in panic would want to reinvest and surely price will start increasing again, we could all use the previous covid pandemic as an example after many people sold in panic later on price pumped real good.

The rate of decline in prices is not in commodities, the decline is in the value of cash, just walking around the markets and supermarkets in countries with a large Covid pandemic, the demand for goods is very high while money gradually loses value, quite a few people started swapping their cash for investment sectors to increase the amount of cash as well as limit the slippage of money. Investing during the pandemic is a smart form, the risk is the same, only afraid of the impact of bad news and someone pulling the strings to devalue.

Pelana vreo

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Quote from: Khumaidi on August 26, 2021, 08:08:57 AM

Then, is investing in cryptocurrency safe enough, especially during the COVID-19 pandemic?

What is your opinion about whether or not there is a risk involved in investing during the COVID-19 pandemic?

I think it's safe if you believe in your choice, I have a beverage business and due to lack of visitors during the covid19 outbreak, I decided to invest in crypto, there are many options but when you only have 2 options, which is to stay in lockdown and not make money, then investing in crypto is my choice, why I choose it, because crypto prices fluctuate and choose short term investments to get a profit of at least 2% when trading. all forms of investment are risky, but if you choose platforms and coins that have a large market cap then there is nothing to worry about. DYOR

suryana

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Quote from: Khumaidi on August 26, 2021, 08:08:57 AM

Using digital currency in various virtual transactions has become commonplace Bitcoin is an example of a digital currency of popularity, Bitcoin is on the rise and is being talked about by people around the world, even now many people are trying to look at Bitcoin as a promising investment instrument, including during the pandemic but investing in Bitcoin when the corona outbreak occurs needs to be done with various considerations and maturity, the limited movement of people of course reduces income from many business sectors, both tourism, or food, so during this pandemic, people think a lot about investing and even carefully read market movements.

Then, is investing in cryptocurrency safe enough, especially during the COVID-19 pandemic?

What is your opinion about whether or not there is a risk involved in investing during the COVID-19 pandemic?

When we have decided to invest, we actually have to be ready with all the risks. Investing wherever there is Covid or not, there is also a risk. It's just that the choice comes back to you. Where to invest if you have studied the knowledge and ins and outs of the investment. Crypto is also good in my opinion. This is what I choose when I work, my savings are invested in bitcoin and altcoins..and I often monitor their movements.

dimox

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if person is too common with crypto, or investing on crypto, i think they wont get negative effect because they have back up from money savings. the problem is when people have daily job, and some of salary put on crypto for investation, it will be bad news because pandemic make poeple get hard to stay on their job.

Shasha80

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Quote from: yurez on August 29, 2021, 06:09:41 AM

Regardless of the situation in the world, investing in cryptocurrencies or other assets is always risky. During the onset of a pandemic or crisis, you can buy assets at cheaper prices, but this does not guarantee their growth in the future.

Before the pandemic, investing in crypto was already risky, volatile price movements made it difficult for us to predict. Especially in a pandemic
situation, we must be more careful in making decisions, because we don't waste our money on dubious projects. The current pandemic situation is
very difficult to make money, then use the money we have as well as possible. My advice is to invest in top altcoins with lower risk than
new projects, because top altcoins have high demand. So it is safer to invest in top altcoins, the most important thing is that we have to be patient
and wait until our target is achieved.

yurez

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Regardless of the situation in the world, investing in cryptocurrencies or other assets is always risky. During the onset of a pandemic or crisis, you can buy assets at cheaper prices, but this does not guarantee their growth in the future.

tsaroz

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Unlike to some prediction, most people are saving during the covid times. Some people in hospitality business are still suffering but most of the people are back to their work or a new one. And with lower travel and other expenditures, people tend to have more cash on their hands. Hence the flood of capital into stocks market and crypto. And with current crackdown on private companies in China, Chinese are all into crypto now.
Crypto is one of the safest place you can invest right now. Just keep the money for your food with you. Don't invest more than you afford to lose. And you are all set to ride the crypto wagon.

traderethereum

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It is safe to invest in cryptocurrency but that will depend on each people because if they can still make money, they can use some amount to invest in crypto.
Otherwise, they will use that money to fulfill their daily needs because that is the crucial thing they should do to survive this pandemic.
As long as they can cover their daily needs and still have money, that will not be a problem if they want to invest in crypto.
Before they invest in anything, they must calculate how much money they should use and survive for their daily needs.

BuNga_cute

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Quote from: imstillthebest on August 28, 2021, 03:06:04 AM

you already explain how difficult the situation right now because we are still in covid pademic therfor investing is difficult too because people can only have limited funds and if ever they loose it they may not be able to invest anymore but like you said people are more attentive now ,
they can carefully chose a crypto and watch the coin closely so chance of loosing can be lesser now than earning .

In the current pandemic situation it is increasingly difficult to make money, therefore we must be careful when deciding to invest in crypto.
Don't let our limited money buy shitcoins, it will be very painful, because the possibility of experiencing losses is very large. We must be able
to do research and analysis, in order to find out which coins are worth buying. If we trade correctly, meaning that we have good knowledge
and skills, it will be easier to make a profit and reduce the risks.

topbitcoin

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Quote from: Khumaidi on August 26, 2021, 08:08:57 AM

Using digital currency in various virtual transactions has become commonplace Bitcoin is an example of a digital currency of popularity, Bitcoin is on the rise and is being talked about by people around the world, even now many people are trying to look at Bitcoin as a promising investment instrument, including during the pandemic but investing in Bitcoin when the corona outbreak occurs needs to be done with various considerations and maturity, the limited movement of people of course reduces income from many business sectors, both tourism, or food, so during this pandemic, people think a lot about investing and even carefully read market movements.

Then, is investing in cryptocurrency safe enough, especially during the COVID-19 pandemic?

What is your opinion about whether or not there is a risk involved in investing during the COVID-19 pandemic?

I am beginner in investment or maybe trading. But i don't think invest in cryptocurrency at this pandemic is bad, because it not really affect on crypto price and already 1 year after pandemic, crypto price not collapsed yet. Maybe with that, people start to make investment in other sector and crypto can be their choice. And that can cause crypto price will rally and increased because a lot of demands.

Melignya

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I think on the contrary it is a great time to invest in cryptocurrency, I read an article on the subject, I think many will like it https://blockster.com/blockdesk/1145_how-covid-19-increased-crypto-demand

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