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.

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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.

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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

Coyster

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

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.

All these do not really affect Bitcoin, it is the traditional economy that feels all the brunt of lockdowns and closed businesses, that's the reason why many economies are still struggling as a result of the pandemic and the policies they took to curtail it, ironically, this is a very good time to Invest in Bitcoin, with inflation affecting most fiat currencies, Bitcoin is a good hedge to fiat devaluation and a means to retain the value of ones funds.

Having said that, there are always risk concerns with the network, notwithstanding the time or period you invest, but what is necessary is just to work in building sufficient knowledge of the network so you don't invest more than you can afford to lose and also so you don't lose your funds to scammers, that's a few what you have to consider before investing, and then again, Bitcoin has been relatively unaffected by the covid-19 pandemic till this very time, and that's why institutional investors and influential individuals are now investing in Bitcoin, that's enough to prove that Bitcoin is a good investment pre, during and post pandemic.

imstillthebest

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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 .

kotajikikox

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Quote from: NeverSop on August 27, 2021, 03:50:45 AM

Quote

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

For me, investing in bitcoin is safe and potentially profitable, which has been proven in the past since the crypto market concept was born. Covid 19 proves to be a great opportunity to invest more safely. They have time to learn, research whatever is best, while bitcoin has become an asset that maintains the core and reduces risk to future finances.

it is late to talk about Covid 19 investment related to crypto investing because we are already close to ending this virus meaning the effect in market is not that high compared to what we had last year when the virus is just spreading.

Quote from: semobo on August 27, 2021, 10:45:40 AM

Pandemic which spreads all over the world crushed the economies which directly affected all class people but people who are rich will have enough money to survive while poor can't think about savings and investing, all they want is to survive the time and alive there in the future.

it is not the poor that we are talking here but instead investors who are capable but have some doubts because of the pandemic.

ninabobo

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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.

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Quote from: semobo on August 27, 2021, 10:45:40 AM

Pandemic which spreads all over the world crushed the economies which directly affected all class people but people who are rich will have enough money to survive while poor can't think about savings and investing, all they want is to survive the time and alive there in the future.

This has nothing to do with investment actions in my opinion, in fact today the poor do not really understand what investment is, especially with regard to investing in the crypto world, we are discussing the issue of the impact of the covid-19 pandemic in relation to investing in cryptocurrencies, so the respondents are not poor people which is a general reference in seeing the impact, indeed based on several research results from experts or economists who say that the COVID-19 pandemic is greatly affecting investment at this time.

carrigan

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All investments have risks, whether investing in cryptocurrencies or something else. Especially during the COVID-19 pandemic, as it is now, some people's income or income has decreased, even to the point of losing their jobs. This certainly makes the capital to invest down and decrease. But despite all that, there are actually many people who trade in cryptocurrencies due to restrictions on outside activities, so they are looking for ways to keep making money even if only at home, namely by investing in cryptocurrencies with the capital they have.

blockman

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Investing is not choosing any world problem or global crisis. The right time to invest whether it be cryptocurrencies or any other investment vehicle is when you're ready.
There's no problem as you invest in bitcoin at the time of the pandemic, that's even better because you've seen how this pandemic is devastating those people that have no other means of income. And as you invest, you're hoping that someday you'll use the profit in the right thing if some unexpected event comes into your life and you need some cash for it by which you're going to use your profit from your investments.

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Investing in any case requires careful thought, including investing in cryptocurrencies. If you are just getting started, then start with a small investment. until one day you understand cryptocurrencies, then you can start investing as you want

Investing right at the moment and still facing the effect of the pandemic is a different kind of decision that every traders are now dealing. I mean, the life right at the moment is hard, the economic of every nation is still trying to make up from the economic lose. In my personal experience figuring out how to allot a part of my money today for investment is worth it and hard decision at the same time because the risk of I might lose the money that I have was still there but I'd still have to choose to take a risk than be sorry.

semobo

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Pandemic which spreads all over the world crushed the economies which directly affected all class people but people who are rich will have enough money to survive while poor can't think about savings and investing, all they want is to survive the time and alive there in the future.

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Quote from: Khumaidi on August 26, 2021, 10:04:11 AM

Quote from: Devifajarina on August 26, 2021, 09:07:44 AM

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?

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.

I totally agree with your view regarding the risk of the impact that occurs on stock investment during the covid 19 pandemic, yes indeed if we look at the market list, there has not been a significant impact on investing, but we must not deny that the economic conditions of all countries in the world look very declining. caused by a pandemic

If this is calculated regarding fiat currencies, then it greatly affects the impact of the Covid-19 pandemic, but if you look at the current state of cryptocurrencies, there are almost no major effects, even now the crypto market is quite stable and promising.

That is why I say that investing in cryptocurrencies has no effect on the current state of the covid-19 pandemic, unlike investing in fiat or conventional currencies, it may be quite influential for now.

tees420mar

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Covid-19 making everyone fear of their lives hence it taken too many lives now and still we are still far away of defeating the virus because of many variants coming lately and by that it will take lot more time to be stuck in our houses. The pandemic really made everyone's life miserable that's why we should stay protected and optimistic that one day we will go back to our normal routines without worrying

BigBos

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

~Snip
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?

we cannot say that investing in bitcoin or other cryptocurrencies is safe because this is an investment that has a big risk. however, you can see for yourself, since the beginning of the pandemic, until now, the development of the crypto industry is very fast compared to others. in fact, it is very successful in developing, because even during the pandemic, bitcoin and other cryptocurrencies are growing by leaps and bounds.

however, so far, I'm also still making some profit from cryptocurrencies. I think that this is a good thing. but in this case, we also need knowledge because there are quite a lot of scammers, and other things that can make you uncomfortable in investing. however, the risk in cryptocurrencies is that their prices are very volatile, and I think it's still a profitable place to be in times of a pandemic, or even when it's over.

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Quote

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

For me, investing in bitcoin is safe and potentially profitable, which has been proven in the past since the crypto market concept was born. Covid 19 proves to be a great opportunity to invest more safely. They have time to learn, research whatever is best, while bitcoin has become an asset that maintains the core and reduces risk to future finances.

aemma

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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 even see this in another way, that is, in a more beneficial angle. That is, when people finds it hard going out to their businesses because of Covid-19 pandemic, they will most likely get involved with cryptocurrencies as that will give them the opportunity to also earn while at home. Also, in the case of some of the businesses like food as you mentioned, the owner of the business can go for home delivery services, and even go for acceptance of cryptocurrencies of his choice, such that, when orders are placed and paid with crypto, the food or whatever can be delivered to the person. This will save the business owner from running out of business, create jobs for dispatchers at the same time, save the customer the stress of going out and reducing the spread of the Covid-19.
Therefore in other words, cryptocurrencies will open up new ways for people if they give it that chance, so there is no risk at all but it however reduces the risks since all transactions are done online.

meanwords

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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?

There's always a risk investing in anything, Even if there's a pandemic or not. Although, we are actually moving up because of how Digital the world has become. Everything related to technology and internet is evolving at an incredible rate and this probably helped cryptocurrency grow. If you think about it, even if there's a risk investing in cryptocurrencies, the bullish market is making up for that.

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all in all, I can say without a doubt that the pandemic has definitely accelerated demand for digital currencies, and enabled them to grow faster and higher than ever before. And, if fiat currencies do start to see inflation issues as many assume they might, we will be very lucky that the crypto industry has developed as much as it has. There is still a lot of work to be done and a lot of improvements to make, but it is growing at a rapid pace, and I can’t see any reason to call it a bad thing. https://blockster.com/blockdesk/1145_how-covid-19-increased-crypto-demand

gwdf1

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I think that there is no matter if it is a pandemic or not, crypto always has its risks. Personally I don’t think that interest in crypto is only because of people's little employment, but maybe it is rather because of the falling of dollars and its permanent emission during the covid-19. Investing in crypto is always risky, but if we talk about mainstream currencies, we can be more calm.

RussianEnglishTranslation

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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?

People will no longer be able to leave their homes so they will move to virtual worlds like cryptovoxels https://www.cryptovoxels.com/spaces/c858170a-8672-4b9c-95ab-7dfe6ef7a2e6 Investing in projects and land doing what's called "metaverse" will probably have high returns. Even facebook is moving their platform to the metaverse and purchased oculus VR. Blockchains hosting VR worlds will need to be faster than Ethereum, Ethereum is too slow currently for mass adoption so VR worlds will likely be built on Solana, Polygon, and NEAR protocol.

bitzizzix

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Risk in every investment has risk without affecting natural conditions such as the current pandemic, the only difference being the individual's financial situation and having to really choose the right and profitable investment.
it's good before doing you have to study it first and understand well and the risks that will be faced, and investing in crypto also has risks and but if you study it well and do a good analysis the risk will be far from you.
do in-depth research before choosing a coin that is good and profitable for you and choose the right time to buy and resell it at a favorable time and apart from that you must also have a strategy and a goal to get a good return according to your plan.
if your finances are not good during a pandemic, never invest with your core money and invest with extra money or you can afford and are ready to lose, so you must really prepare everything well before doing it.

Sayeds56

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Quote from: poldanmig on August 26, 2021, 09:00:47 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.

Any form of investment is always associated with risk and cryptocurrencies are not exception. The covid-19 has negative impact on all businesses, Travel, Transport, Tourism, Film industry and many many mores but surprisingly online businesses have grown during this hard time because of lock down and social distancing people avoid moving out of their homes unless it is necessary so obviously they spend more time on internet and involve in online trading and investment activities. Don't forget that Bitcoin has made ATH during the corvid-19 period which surprises everybody..

Retainly_Collie

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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.

FairUser

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Activity: 1344

Merit: 264

bit.ly/3QXp3oh | Ultimate Launchpad on TON

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.

arwin100

hero member

Activity: 2632

Merit: 787

Jack of all trades 💯

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?

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.

kawetsriyanto

legendary

Activity: 2226

Merit: 1086

duelbits.com

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

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.

24Kt

member

Activity: 1092

Merit: 67

Quote from: ?? on ??

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?

Safe or not, for now it is not about covid or security but how we split money for daily living and investment. Because during pandemic some people get kicked from job, some others who have business can't really operated so for some people they need to use their savings as daily needs. And for investment, we should know and manage our money management really well so we still can spend for daily needs and investment balanced.

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?

Rengga Jati

hero member

Activity: 2072

Merit: 656

royalstarscasino.com

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?

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.

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.

Vaculin

hero member

Activity: 2940

Merit: 613

Winding down.

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?

Not likely that this pandemic may cause panic and worries for us. In fact, we've been in this situation for more than a year and look, everything is okay and the market is very healthy and growing. If you can imagine that we've been in new ATH during this pandemic this will tells us that this has a positive impact on crypto rather than negative. So therefore to say that instead of thinking negative this time, it is much better to think the opposite as this is not the reason for the cryptocurrencies to stop growing.

Rikotin

jr. member

Activity: 296

Merit: 1

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.

adzino

copper member

Activity: 2968

Merit: 575

www.Crypto.Games: Multiple coins, multiple games

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?

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.

Cling18

full member

Activity: 1708

Merit: 126

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.

Bazlur

member

Activity: 364

Merit: 12

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.

asriloni

legendary

Activity: 3038

Merit: 1024

Leading Crypto Sports Betting & Casino Platform

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

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

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.

DapanasFruit

member

Activity: 1218

Merit: 49

Binance #Smart World Global Token

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.

dhemasm

full member

Activity: 1829

Merit: 134

Moderator

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

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

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.

nemey

member

Activity: 658

Merit: 10

Catena X

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.

mumang siat

member

Activity: 498

Merit: 56

Buzz App - Spin wheel, farm rewards

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?

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.

ryzaadit

legendary

Activity: 2660

Merit: 1261

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

cabron

hero member

Activity: 2800

Merit: 595

https://www.betcoin.ag

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.

Khumaidi

newbie

Activity: 9

Merit: 2

Quote from: Devifajarina on August 26, 2021, 09:07:44 AM

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?

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.

I totally agree with your view regarding the risk of the impact that occurs on stock investment during the covid 19 pandemic, yes indeed if we look at the market list, there has not been a significant impact on investing, but we must not deny that the economic conditions of all countries in the world look very declining. caused by a pandemic

goolesby

member

Activity: 574

Merit: 10

Gistcoin

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.

3la9l_kolbaCa

sr. member

Activity: 952

Merit: 250

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

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.

Al Qiyamah

full member

Activity: 994

Merit: 100

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.

Stewart66

member

Activity: 630

Merit: 10

https://www.cd3d.app

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.

Devifajarina

full member

Activity: 602

Merit: 102

Trident Protocol | Simple «buy-hold-earn» system!

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?

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.

poldanmig

sr. member

Activity: 1372

Merit: 275

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.

indah rezqi

hero member

Activity: 1512

Merit: 874

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.

Melignya

newbie

Activity: 28

Merit: 1

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

Khumaidi

newbie

Activity: 9

Merit: 2

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?

Topic: What risks will you get in investing during the COVID-19 pandemic? (Read 532 times)