If you're living in a country that has low rate of employment, I don't think investing with bitcoin during pandemic can be a good choice. Covid-19 was a worst pandemic that turned the whole world's economy into lockdown and economic shutdown, that's why everybody's mindset was in a negative outlook.
But not for those expert on cryptocurrency, they're embracing this as an opportunity for an investment because demand also increase due to continuous demand. Facing huge risk also gain higher gains once you're getting into successful profit.
Topic: What risks will you get in investing during the COVID-19 pandemic? - page 4. (Read 504 times)
August 26, 2021, 10:22:26 AM
August 26, 2021, 10:17:10 AM
It is undeniable that the effects of the COVID-19 pandemic have caused many people to lose their jobs, not to mention the government regulations to keep doing activities at home. but some people even see investment opportunities in the crypto world being able to make a lot of money even in the midst of a pandemic. Cryptocurrency investment is indeed very high risk, but during this pandemic, the surge of crypto enthusiasts is even higher.
August 26, 2021, 10:15:19 AM
as I know since the emergence of the covid-19 pandemic, most companies or people come to this industry and take part in crypto to earn income since the emergence of corona. but it cannot be denied, that in my personal opinion the current market is very profitable.
August 26, 2021, 10:07:44 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, 10:00:47 AM
Whether there is a pandemic or not, investing in crypto certainly has risks that is certain that if we do not have sufficient knowledge in investing, in my opinion investing is not just buying crypto assets and storing them, but investing in crypto must have a strong knowledge base about analysis, opportunities, and also being able to read market conditions for the assets we invest in, nowadays many people experience losses when investing and that happens because they do not have knowledge of crypto so they invest only relying on instinct.
August 26, 2021, 09:42:06 AM
First, of course there is a risk of investing during a pandemic. Not only investing in cryptocurrencies, but investing in other spaces is also a risk. Second, regarding the economy, it is certain to decrease because of the restrictions on movement imposed by the government in their respective countries. When the source of income is reduced, it is certain that there is less capital for them to invest.
August 26, 2021, 09:30:50 AM
This pandemic only hinders, and cryptocurrencies are no exception, if interested, there is one article about the crypto market during the pandemic, I leave the link on the blockster below. https://blockster.com/blockdesk/1145_how-covid-19-increased-crypto-demand
August 26, 2021, 09:08:57 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?
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?
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