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Topic: Your economic outlook and your life for 2021 poll - page 3. (Read 653 times)

legendary
Activity: 2044
Merit: 1115
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Vaccine for COVID-19 will be available on 2021 so I believe it will be a positive year for my finance although I'm not that affected of this pandemic due to the nature of my work. My daily job routine doesn't change at all except for no office appearance at least once a week. There is a lot of ways to become positive amidst this pandemic. Imagine many people in Africa are suffering from poverty even before this Pandemic but still there life goes on as usual. So why not us that has a lot of resources available to sustain our daily necessities. We just need to become creative and adapt to the new normal. Just like BTC price, We can't stay always at the bottom.

Even with vaccines it is likely the virus will be with us indefinitely going forward.  One difficulty related to vaccines is the amount of people who will refuse to get vaccinated.  Other than that, there is a high likelihood of the vaccine not eradicating the virus but only helping to control the extremes of the outbreak.  This is likely a virus that will be seasonal like the flu, where it still kills hundreds of thousands every year during the flare ups, but does not otherwise rise to the level of a pandemic.
member
Activity: 1041
Merit: 25
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We have lost our job because of this covid pandemic but i am still looking toward a positive economic outlook this coming 2021. Knowing about cryptocurrency is a great opportunity for me because i can feed my family even i lost a job and now just rely on trading cryptocurrency. We have a difficult situation but we can overcome it, if we have a positive life strategy and determination.
legendary
Activity: 2730
Merit: 1288
Only 2022 will bring some progress. for us Bitcoiners at that time bear market will start. Maybe the last big bear market.

What? 2022 will be the year of the FOMO surge to $50,000. Cool


After every bull market bear market start. Last bear market started in December 2017 and lasted until  start of 2020 when current bull market started. This bull market was cut in March because of pandemic.  All  that I said I fully believe in. But that does not mean it will 100% happen. I give it high chances. Next bear market wil most likely start in 2022. It is possible that only in 2023.
legendary
Activity: 2898
Merit: 1823
2021 will be for sure positive. But we will have huge headaches from 2020. So more then half of world will not to to 2019 levels.


I believe not. We will feel the full damage of the pandemic on early 2021, and start to see the progress of "the rebuild" on late 2021.

Quote

Only 2022 will bring some progress. for us Bitcoiners at that time bear market will start. Maybe the last big bear market.


What? 2022 will be the year of the FOMO surge to $50,000. Cool
sr. member
Activity: 1876
Merit: 318
COVID-19 forced my small business to close for a while, for several months I had to live from my savings. Fortunately, now the quarantine
and lockdown have been lifted by the government, so my small business can run again. So I'm starting to be optimistic that my economic
outlook for 2021 has become positive, but even though my economy has started to recover. The income I earn is still much lower than the
income before COVID-19 happened.
full member
Activity: 1442
Merit: 153
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This pandemic does hit me hard since my salary has been cut to half.
I've heard there are companies who does not want their workers to do some overtime, they are very strict following the protocols that has been set, an 8 hour work will just be an 8 hour work extend an hour then pay yourself for that. However if they deducted your salary, let's say 50% but your workload is not lessen then you have the right to complaint about it especially in Department of Labor.

There are many things we have been faced since the beginning of this disaster. Luckily, our government knows how to maintain everything during Covid-19 and I can say that I'm proud to live in a country where cases are lower than 1000. Many businesses have been closed and unable to recover after the pandemic. Yet, we still have many positive signs proving that our economy is getting back to normal
For a third country where I am living, the life here is like walking on the edge of the cliff, everyday is uncertain. Luckily I am getting a support from my relative to sustain my necessities like food and apartment rental coz the landlady already lift the free rent for 3 months. Every time I see a news about passed clinical trials, I always see the end of this pandemic, tunnels always have an end.

Therefore, I'm kinda looking forward to seeing what the world will be in 2021. I strongly believe in good things will happen next year.
Let's claim it! 2021 will be prosperous for everyone!  Cheesy
legendary
Activity: 2534
Merit: 1338
COVID-19 has destroyed many small business, with the bigger businesses taking their share of the economic pie. I believe many people lost jobs, but some are doing OK.

Curious, as Bitcoiners, how did the COVID-19 pandemic affect your financial situation, and what is your outlook for 2021?
Fortunately for me I did not lose my job and everything in the economic aspect is working as it did before the pandemic and my family is the same as me and they have not experienced a change in their economic situation. However the crisis has hit my country really hard and a lot of people lost their jobs and unfortunately the recovery is going to take very long and I wonder what will happen to those people? Because they had mortgages, credit cards and other loans to pay and those people do not really care if you lost your job because of the pandemic, they want their money.
sr. member
Activity: 1162
Merit: 260
In our country, the economy heavily dependent on unorganized small businesses. Due to the pandemic max of those businesses stopped during the first two months of the lockdown. But after that those small businessmen are starting to evolve their businesses according to the current situation. Some of the supply chain businesses have been introduced which was never existed in the past. As the thing will get normal day by day the people will have the opportunity to run their current businesses or go back to their previous one or manage both of them. So overall the number of businesses running in 2021 will be higher than in 2019, that's why I am hoping for the best in the upcoming years.
hero member
Activity: 2114
Merit: 603
Interesting poll this is.

I gotta say I have different outlook for 2021. All of us see that it has destroyed many small and medium businesses but there are many more businesses which has emerged as new start up.

This is happening mostly in healthcare sector. In my country there is huge movement in medical supply chain as we speak!!

Many CRO which are called as contract research organisation which support the bigger pharma and vaccine manufacturing industries has got amazing opportunity by having 24*7 workload on their shoulder.

This is very good news for this field and any other related chain to it. I think it will be opened up for rest of the field by 2021.
full member
Activity: 1638
Merit: 122
 well all of the peoples problem now are mainly financial  and im one of it  . me as a bitcoiner btc helps but i can feel the damage cause by covid , income from btc are delayed now and have been decreased but i understand why its happening and that makes me quite or stop complaining alot because  more negativity wont help  . i dont know what will happen next year but im trying to be more positive  . on 2021 the pandemic will be lessen or will be over and business are going back to normal
legendary
Activity: 2464
Merit: 2094
I believe the situation will improve in 2021 and the economic situation will continue to improve. Personally, I think my life needs will increase in 2021 due to the increase in family members. I dont expect covid to last long and interfere with my actual job thus reducing the income I earn. Personally, I can still be grateful that cryptocurrency has helped me a lot in meeting my need, especially from trading result even though they are inconsistent.

I am still very confident that in 2021 the price of bitcoin will continue to increase and of course it will really help us as users. When we still have hope, then rest assured it will be a positive thing even though there are ups and downs in life. May we stay healthy and safe. Stay positive
legendary
Activity: 2730
Merit: 1288
2021 will be for sure positive. But we will have huge headaches from 2020. So more then half of world will not to to 2019 levels. Only 2022 will bring some progress. for us Bitcoiners at that time bear market will start. Maybe the last big bear market.
legendary
Activity: 2282
Merit: 3014
I am unfortunately not very optimistic about 2021's outlook.  Lets first keep in mind we are only 4 months away from the end of the year.  The reason I bring that up is we are still relatively unscathed stock market wise during this whole pandemic and that's simply not realistic with whats going on ( yes the market crashed in March but it's back up to ATH's).  I think more and more people will continue to lose their jobs/homes and the stock market will finally have an epic and long lasting crash in 2021.  I hope I'm wrong.
sr. member
Activity: 2366
Merit: 448
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The year 2021 is only 4 months away and I have no prospects to live in the next year, because until now in the country where I live facing this pandemic there has not been any good development and the number of infected continues to increase.
and I only rely on savings and earning in this forum to meet my daily needs and to survive, so I don't have good prospects for 2021 and hopefully this pandemic will end soon and disappear from the face of this earth so that everything returns to be normal.
legendary
Activity: 2898
Merit: 1823
This pandemic has greatly affected my economy, losing income because my busnises was unable to operate for several months (one month it started back operations but revenues decreased by more than 50%).

Was trying a new business but not going well yet, I am trying to stay positive even though 2021 may be more difficult than this year.

I hope the vaccine which is in the final stages of testing will be successful and can carry out normal activities and the world economy will improve again, which will definitely affect the economy of each person.


I'm with you. I believe it might get worse before it becomes better. My family owns a furniture/antique shop, passed down three generations, and for the first time the family is discussing to close it permanently.
jr. member
Activity: 73
Merit: 1
I believe that in 2021 the majority of current problems will be solved and crisis will be ended
sr. member
Activity: 1988
Merit: 453
I checked the previous posts. Everyone looks quite optimistic. No one really wants to consider the possibility that the pandemic may impact our lives next year as well. What if the vaccines which are in development fail to contain the spread of the pandemic? Even now a lot of people are surviving on their savings. Once these savings evaporate, then they will be in trouble.
newbie
Activity: 10
Merit: 0
There is no room for stability in our world. It seems to be impossible to predict the situation for the next month. How could we know what to expect in 2021?
legendary
Activity: 1946
Merit: 1100
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This pandemic does hit me hard since my salary has been cut to half. There are many things we have been faced since the beginning of this disaster. Luckily, our government knows how to maintain everything during Covid-19 and I can say that I'm proud to live in a country where cases are lower than 1000. Many businesses have been closed and unable to recover after the pandemic. Yet, we still have many positive signs proving that our economy is getting back to normal

Therefore, I'm kinda looking forward to seeing what the world will be in 2021. I strongly believe in good things will happen next year.
legendary
Activity: 2996
Merit: 1132
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Honestly I do not look at future of economy as something that is nice, I look at it more like it will get worse but how much worse.
Bitcoin is out of this though, I believe my crypto life will always get better and that is why I am heavily involved, however I do not like the regular fiat economy, it is screwed because the system itself is built around making more and more money for the rich people, when you are super wealthy you can't stop making money and stay the same, you have to keep growing, which means you have to eventually own all the money in the entire world, since that is not possible that means crashes and troubles and even more poor people.

Hence, I believe regular fiat market is destined to crash all the time and will suck in 2021 as well as all the years after that.
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