Topic: What risks will you get in investing during the COVID-19 pandemic? - page 3. (Read 532 times)
August 26, 2021, 07:45:33 PM
There are many problems if you invest in this field if you are a newbie and think it is easy, so take a look in the mirror and poke your face to wake up and come back to reality. Even if there is no epidemic, you will still have to bear the risks. For me, it is better to prepare a situation with money, psychology, knowledge for it, because my perception of this field is almost a game between people and people, and love has better skills than them will be successful.
August 26, 2021, 07:20:25 PM
Hey OP, I see you're imposing a problem in the midst of the pandemic and your ability to invest in this area. The impact from the epidemic on society is inevitable, and it will follow a series of problems that follow and include the financial sector. This market is no exception, the line of opportunity is really thin if you just talk and don't act. Success or failure depends on yourself, DYOR adds to this field, so you don't have to be the ones whining about it.
August 26, 2021, 06:56:51 PM
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?
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?
You need to know that there's no safe investment on whatever form it is, if someone offers you safe and say you can earn on it without even lifting your fingers or even if your sleeping forever then tag it as scam. You should know that investing on anything is risky that's why you need to learn first the risk you might face for taking bitcoin as investment better learn from this discussions and experiences from the old investors also you can seek an information via youtube or other source which you can find information about other things in crypto.
August 26, 2021, 06:51:21 PM
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?
Why do you specify investing during the pandemic? Whether in a pandemic or in normal days, the risk is always the same. You must understand that investing in crypto coins is a high risk. But to remember that the risk can be minimized if we use the right strategy in investing crypto. Firstly, we must have sufficient knowledge about crypto investment and know well the nature of crypto market. So, we can determine when a good time to buy, also know when to sell the coins appropriately.What is your opinion about whether or not there is a risk involved in investing during the COVID-19 pandemic?
August 26, 2021, 06:40:27 PM
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?
And as a user, it depends on your capability to invest during this pandemic. Every person has their own things to attend to. But if you have more than enough, why not take some risk but only for those established alts like btc or eth?
August 26, 2021, 05:58:39 PM
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?
Whether it is during a pandemic or not, there is no guarantee of safe investment in cryptocurrency. Before going to invest in crypto, you must note that investing in crypto is actually risky. If you can take the risks, just going on. But if you are afraid of taking the risks, just avoid this because if someday you are losing your money in crypto, you will be mad or stressed enough. What is your opinion about whether or not there is a risk involved in investing during the COVID-19 pandemic?
But, I am not only talking about investing in crypto is risk only. Investing in crypto is risky, but it is also worth it.
It will depend on how you yourself can manage your strategy, funds, and emotion in this investment so that you can minimize the risks and get the profits.
Always read much advice about investing in crypto likely:
- DOn't think that investing in crypto will make you rich overnight/easily
- Don't think that investing in crypto is zero risks, it always involves risks.
- Never invest because of hype or FOMO
- Invest the only the amount of money that you can afford to lose
- Learn and learn again, never stop to learn about investment in crypto.
And, there are much more advice that you can get here in this forum, moreover based on members' experiences.
August 26, 2021, 05:31:09 PM
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?
August 26, 2021, 12:51:36 PM
I do not guarantee it is safe or not when investing in crypto, but I know that every investment has risks. related to that, if you are planning to invest in crypto then just set 30% aside some of your personal money and invest only with the top coins in the CMC market.
August 26, 2021, 12:41:40 PM
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?
What risk are you talking about? The risks was the same before and after pandemic. As long as you can afford to invest, there is nothing wrong. If you are suffering during the pandemic, then investing isn't the best option for you. You should keep in mind all kind of investment (not just bitcoin or crypto currencies) comes with risk. There is always a chance you might end up losing everything. Now if that loss is going to affect you life negatively, then don't invest anything. If it doesn't, then go ahead and invest as much as you can. Keep holding for long term and you won't regret at all. 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?
August 26, 2021, 11:49:04 AM
Crypto investment has its risks no matter what the economic situation is. Even before the existence of the Covid pandemic last year, investing has been risky simply because cryptocurrency is volatile. They say that the bigger the risk, the bigger the gain so those who are willing to take the risk during this pandemic could gain a higher profit when the market reaches the best situation.
August 26, 2021, 11:43:46 AM
1. Investment means a state of uncertainty. In other words, there can be profit as well as loss. Investment in cryptocurrency is no exception, whether it is during Covid 19 or any other time.
2. Investing in cryptocurrency is definitely risky. Because the volatility of crypto market is much higher than any real life investment. So before investing, you must acquire proper knowledge in this regard.
2. Investing in cryptocurrency is definitely risky. Because the volatility of crypto market is much higher than any real life investment. So before investing, you must acquire proper knowledge in this regard.
August 26, 2021, 11:21:55 AM
Then, is investing in cryptocurrency safe enough, especially during the COVID-19 pandemic?
It's safe as long as you did a proper research but it will not safe if you have not done any research. There are lots of scam tokens and the pandemic didn't give any impact to the cryptocurrency. I though that you have seen CMC and that was telling you about the truth
What is your opinion about whether or not there is a risk involved in investing during the COVID-19 pandemic?
The risk will always there even if this pandemic didn't happen and you will be always dealing with the risk. it can't be avoided and talking about this was totally meaningless. August 26, 2021, 10:44:05 AM
Yes, very safe but there will always be risks and the main big one is its volatility...Bitcoin can be jumping today and then by next week it can suddenly be retreating and be controlled by bears. But then again, considering how it has grown the risks is nothing to possible rewards. But you have to do it now when the value has not yet risen that high otherwise deciding when to enter can be a big source of headache. Pandemic or no pandemic Bitcoin is bound to grow at a good rate because this digital asset has now established to be one of the best bet against inflation and possible controls coming from many sectors.
August 26, 2021, 10:24:54 AM
Then, is investing in cryptocurrency safe enough, especially during the COVID-19 pandemic?
I can't say if it's safe but comparing to the Stocks market Crypto performance was much better with Bitcoin breaking $50k wall and so the other altcoins too, People was searching an Store-Of-Value on current pandemic and Crypto was choosen along with some Assets like Gold or other precious metals so crypto was more profitable and probaly more safe (Personal Opinion) comparing to the others.What is your opinion about whether or not there is a risk involved in investing during the COVID-19 pandemic?
There will be always risk on every investment out there especially Crypto since it's decentralized but as you can see crypto performance last 1-2 years, it was really good especially on the current pandemic. August 26, 2021, 10:23:24 AM
precisely with the covid-19 pandemic, investors trying to get into the crypto world made the value of this digital currency soar, because this investment does not require face-to-face, and is safe when the pandemic is still proven Before the pandemic the price of Bitcoin was around $7,000, after the pandemic rose drastically to $60,000 .
The increase in crypto prices is influenced by the supply and demand process. Meanwhile, stock investments such as mutual funds and others are affected by the economic downturn due to the pandemic.
The increase in crypto prices is influenced by the supply and demand process. Meanwhile, stock investments such as mutual funds and others are affected by the economic downturn due to the pandemic.
August 26, 2021, 10:11:21 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?
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?
The Covid-19 pandemic is a very significant level of risk for any world, be it investment, tourism and other sectors, but if we look at the current state of crypto, it has not really had much of an impact on them, we can see this from the last few months, market conditions have changed and are very stable, almost all coins rise to the maximum in the market. If we examine it in a few months, we can conclude that the Covid-19 pandemic has not had much effect on cryptocurrencies, this is evidenced by the current state of the crypto market.
August 26, 2021, 10:06:52 AM
Doesn't matter we have covid or not.
In every situation or time, investment is always risky that's why you should never use the money you can't afford to lose example financial money you are gonna user for your living. Good advice for everyone, never use your living fund because the market doesn't care what is your condition and we all know no one can't predict the money even you are using your living fund how long do you need to hold it? your family and you need to be eat ~XD
In every situation or time, investment is always risky that's why you should never use the money you can't afford to lose example financial money you are gonna user for your living. Good advice for everyone, never use your living fund because the market doesn't care what is your condition and we all know no one can't predict the money even you are using your living fund how long do you need to hold it? your family and you need to be eat ~XD
August 26, 2021, 10:05:58 AM
Even when theres no pandemic there is always risk particularly when you buy at ATH price because you have no idea when is the right time.
Pandemic though had been affecting everyone so if your money is not your extra money that eventually after days you meant to take profit because you need to buy neccesities then its not time for you to invest. Instead just allocate a small amount like $50 for long term.
Pandemic though had been affecting everyone so if your money is not your extra money that eventually after days you meant to take profit because you need to buy neccesities then its not time for you to invest. Instead just allocate a small amount like $50 for long term.
August 26, 2021, 10:04:11 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?
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?
In this time of the COVID-19 pandemic, many sectors have been affected by the outbreak, both the economy, tourism and others, but if you look at crypto conditions that don't have a big impact in terms of investment, we can see the current movement of bitcoin and other coins on the market.
For now it is still very safe to invest in cryptocurrencies and currently cryptocurrencies are very supportive to do that, the COVID-19 pandemic conditions are not so influential in my view of investing, both now and later this year.
August 26, 2021, 09:51:38 AM
As we all know, the Covid-19 pandemic has caused several company sectors to stall for quite a while. Many employees were fired and the company was forced to shut down.
Thus, there is a change in people's habits, namely stock investment. The pandemic period which incidentally made income decline, even made people flock to try to invest in crypto assets or cryptocurrencies.
Crypto investment in the midst of a pandemic was chosen because it saw that investment opportunities in other sectors were so weak. Crypto was chosen because it proved to be a safe haven asset. Cryptocurrency is currency as a digital medium of exchange. This currency uses blockchain technology so it is difficult to hijack, so it is very safe during this pandemic.
Thus, there is a change in people's habits, namely stock investment. The pandemic period which incidentally made income decline, even made people flock to try to invest in crypto assets or cryptocurrencies.
Crypto investment in the midst of a pandemic was chosen because it saw that investment opportunities in other sectors were so weak. Crypto was chosen because it proved to be a safe haven asset. Cryptocurrency is currency as a digital medium of exchange. This currency uses blockchain technology so it is difficult to hijack, so it is very safe during this pandemic.
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