Bitcoin Forum

Economy => Speculation => Topic started by: farhanabd88 on June 28, 2021, 03:39:22 PM



Title: Is bitcoin a good investment in this pendamic situation?
Post by: farhanabd88 on June 28, 2021, 03:39:22 PM
Crypto currency is one of the best investment platform in whole world. Where bitcoin is more profitable and secure investment which we have already proven. So in this pendamic situation those who wants to hold an asset that's resistant to inflation may find investing in bitcoin will be a good idea. Because Where the central banks of any country have the permission to print infinite amount of fiat currencies on the other hand the quantity of bitcoin is fixed in number and limited by its supply capped at 21 million. I think demand is more than supply is applies for bitcoin so in this pendamic situation bitcoin will be a good investment.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: ropyu1978 on June 28, 2021, 03:54:28 PM
invest in bitcoin, not only during the pandemic, but bitcoin was very well done before the pandemic, because bitcoin has provided real evidence, not mere fictitious, especially when the world economic pandemic weakens, almost all companies lay off workers, unemployment is everywhere, by itself investing in bitcoin, a very good goal, because it can make our finances recover, and can help our families by investing in bitcoin..


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: ChiBitCTy on June 28, 2021, 03:55:25 PM
Crypto currency is one of the best investment platform in whole world. Where bitcoin is more profitable and secure investment which we have already proven. So in this pendamic situation those who wants to hold an asset that's resistant to inflation may find investing in bitcoin will be a good idea. Because Where the central banks of any country have the permission to print infinite amount of fiat currencies on the other hand the quantity of bitcoin is fixed in number and limited by its supply capped at 21 million. I think demand is more than supply is applies for bitcoin so in this pendamic situation bitcoin will be a good investment.

This is a topic that has been discussed at nausea.  I first want to point out that saying "bitcoin is more profitable and secure investment"  ..more profitable and secure than what exactly?  Saying that bitcoin is more profitable and secure is not a matter of fact, but an opinion.  I don't disagree that it can be very profitable, but there are other investments that likely have a higher upside.  When it comes to "secure", I am not sure exactly what you mean by this.  Bitcoin is a very volatile and risky asset/investment, and should be treated as such when "investing".

I did a write up here that I think anyone who want's professional advice on when it's appropriate to invest in bitcoin should read- https://bitcointalk.org/index.php?topic=5288768.msg55577767#msg55577767

Note: most replies here are going to be nonsense.  Listen to people whom actually are licensed to give this kind of info.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: RapTarX on June 28, 2021, 03:59:18 PM
We already have seen how the gold has performed since the start of the pandemic and how bitcoin has performed. Bitcoin has always been a proven better investment for long time although I guess we will see $20k first before we see an ATH.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: fiulpro on June 28, 2021, 04:12:28 PM
Crypto currency is one of the best investment platform in whole world. Where bitcoin is more profitable and secure investment which we have already proven. So in this pendamic situation those who wants to hold an asset that's resistant to inflation may find investing in bitcoin will be a good idea. Because Where the central banks of any country have the permission to print infinite amount of fiat currencies on the other hand the quantity of bitcoin is fixed in number and limited by its supply capped at 21 million. I think demand is more than supply is applies for bitcoin so in this pendamic situation bitcoin will be a good investment.

If it had been a bad investment the price of Bitcoins would not have increased to such an extent during the pandemic. It did hit an all time high !! There are companies, investors waiting for the perfect opportunity to jump in anytime. Seeing the COVID situation which is not getting better and the government is continuously taking loans and at the same time printing excessive money, the whole system is yet to collapse. So people are now preparing for the worst. Keeping their investments in cryptocurrencies assures them that they could make some profits. Maybe not right away but if you did hold on for a considerable amount of time, it will all go well. It is all about patience and strategy.
Stocks, property, everything is not doing so well in my country, even if it's a perfect opportunity to buy them , still the profit margin would be low and you would have to wait for a longer amount of time. Therefore for me if I did have money to invest somewhere, I would have definately done it in *bitcoins*.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: suzanne5223 on June 28, 2021, 04:47:42 PM
First of all, Bitcoin has proven to be a good investment in every situation which I see was also the main reason why the institutional investors join Bitcoin investment cause if it something that wont be profitable to them they won't have to join in the first place.
In spite of all the potential and benefits of Bitcoin investment is still a risk involving investment but can still be used positively if have the required knowledge in crypto.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: MinoRaiola on June 28, 2021, 06:28:36 PM
At the start of the pandemic the price was under $ 4,000. The price today is clear to everyone, and an x15 was possible with Bitcoin during the pandemic and you are still in good shape today after the strong drop. The pandemic may stay a little longer and the currency crisis is approaching. I think bitcoin is an asset that you should own to secure your wealth.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: cr1776 on June 28, 2021, 06:36:53 PM
invest in bitcoin, not only during the pandemic, but bitcoin was very well done before the pandemic, because bitcoin has provided real evidence, not mere fictitious, especially when the world economic pandemic weakens, almost all companies lay off workers, unemployment is everywhere, by itself investing in bitcoin, a very good goal, because it can make our finances recover, and can help our families by investing in bitcoin..

Exactly.  Any time in the last 11.5 years has been a good time to invest or mine in bitcoin and come out ahead.  Except perhaps for the last few months compared to now, but the same was true at the end of 2017.  And it was the same in 2013 and 2015 etc.



Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: capcaypro on June 28, 2021, 06:54:38 PM
topic that keeps repeating itself, I've come across several topics that are almost the same as this.
Have you never read and seen this topic so that you thought about creating a topic with almost the same discussion.
and just for emphasis it seems that you only cover about investing in a pandemic but actually not bitcoin is a very good investment place and that before the pandemic was also very good and this bitcoin has proven.
and now the pandemic is hitting the whole world and bitcoin is still a very good investment and many people are starting to know bitcoin because of the pandemic.
This is a huge achievement that probably won't be found in other coins and maybe for the current year only bitcoin can do this


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: sunsilk on June 29, 2021, 10:43:27 PM
Having the supply limit is a very important detail that the investors especially the new ones has to understand. Because it gives the demand higher as time goes by and with halving it also gives that vital speculation that it's price will increase more in the future.

invest in bitcoin, not only during the pandemic
A good reminder. Do not invest only during this pandemic but even if the pandemic ends, just make it a habit to keep on investing in bitcoin.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: btc_angela on June 29, 2021, 11:21:29 PM
Crypto currency is one of the best investment platform in whole world. Where bitcoin is more profitable and secure investment which we have already proven. So in this pendamic situation those who wants to hold an asset that's resistant to inflation may find investing in bitcoin will be a good idea. Because Where the central banks of any country have the permission to print infinite amount of fiat currencies on the other hand the quantity of bitcoin is fixed in number and limited by its supply capped at 21 million. I think demand is more than supply is applies for bitcoin so in this pendamic situation bitcoin will be a good investment.

Pandemic has been what? like over 1 year already and we have seen investors hedging their wealth not just to bitcoin but in any other financial and traditional market globally. And obviously we have seen the output already, we made a good run late last year until April when we reach a new all time high. Although the price has faltered already, but still bitcoin give x% returns for many years for holding. So regardless of the pandemic or government printing, I think everyone should learn to invest their money and continue it to grow in bitcoin or in stocks or other assets.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: pooya87 on June 30, 2021, 03:42:41 AM
Such a pointless topic with a weird notion.
For starters bitcoin has been rising for about 12 years and it has always been a "good investment" and it still hasn't even started the mass adoption which means it is still a "good investment" because of the massive potential it has.
As for the pandemic, it has nothing to do with bitcoin so you shouldn't even bring them in one sentence. Also the pandemic didn't start yesterday that you suddenly remember it now, it has been going on for nearly 2 years now and during this time price has gone from $3k to $35k which is about 11x rise. So your title is moot!


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Reatim on June 30, 2021, 04:27:13 AM
Crypto currency is one of the best investment platform in whole world. Where bitcoin is more profitable and secure investment which we have already proven. So in this pendamic situation those who wants to hold an asset that's resistant to inflation may find investing in bitcoin will be a good idea. Because Where the central banks of any country have the permission to print infinite amount of fiat currencies on the other hand the quantity of bitcoin is fixed in number and limited by its supply capped at 21 million. I think demand is more than supply is applies for bitcoin so in this pendamic situation bitcoin will be a good investment.
The pandemic is almost Over why in the world that you have just asked this now? if you made this curiosity in 2020 best thing that you already earned tons of money last march to may this year.
but asking if this is a good investment for the pandemic ? nope because this is the best investment all time long.
Lucky that i vested my last fund recently when the price drops down to 28,000 hoping that the bull will come before the 3rd quarter ends.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: janggernaut on June 30, 2021, 04:33:45 AM
Your thread is late for almost 2 year, OP. We have entered such market crash back then on March 2020 when btc was only worth $3000. Since then btc has increased more than 10-20x when it reached $64,000.  Now we are still stable around $35k which still 10x higher than that price.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Sheikh9146 on June 30, 2021, 04:36:14 AM
As now bitcoin in dip. My advise is wait some more dip like 28k or 25k.
Is it possible that after btc going to 25k will it be 100k$ per btc?
My answer : yes. If you bought already in dip. Then you need to hold btc. Btc is a king of crypto.  At this moment, many big company buying btc in every dip. They know that in future btc can give them huge profit. 🔥🤑🤑


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: mrjoy15 on June 30, 2021, 06:48:37 AM
I'm referring BTC is a good investment, situation not a fact actually. There lots of billionaires and companies are investing in bitcoin more than before. They know that BTC has the future, so we have heard more more news regarding BTC investment. Though, It's still showing lots of weakness, I think its going to dip a little more. But, All we know if BTC perform its up to mark what will happen.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Wexnident on June 30, 2021, 08:10:30 AM
If your money was just sitting around in your bank then why not. But if you have something better to spend it on, or you're generally just unable to spend money right now due to the current situation, then it's better for you not to actually spend money on investing. I mean, that is the purpose of investment, after all, to grow more money while not being used. It's still a different issue, however, to actually know when to invest, when to set up stop-loss, what strategies to use, etc. There's also the issue of what your plan actually is for the future, whether you need money in the short term or long term, the answers there really, you just have to arrange the reasons why you should take it.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Lorence.xD on June 30, 2021, 09:34:14 AM
I think that it is a good investment, you might want to get in before the prices starts to go back up again, remember that with this pandemic, a lot of people are finding ways to make money online and bitcoin being one of the many ways to make money online, a lot of people are going to try it this pandemic and if their experience are good then they will probably spread the word and continue with it even after pandemic which means that there will be more people that are adopting bitcoin and the prices are going to go up.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: LogitechMouse on June 30, 2021, 11:15:22 AM
I will base my answer base on what I've seen last year where the pandemic started.

If you will see the movement of Bitcoin last year, it went up massively even though we are in a pandemic. Governments are printing money nonstop causing the value of their money to go down. Businessmen, rich investors and even average investors sees crypto as a hedge fund because if they stay on cash, their buying power will go down because of inflation.

Now to answer your question, as long as you have spare money to invest with anytime is a good time to invest into Bitcoin. Pandemic?? it doesn't matter and we've seen it last year that the pandemic didn't stop Bitcoin to go up. I'm just lucky that I bought some Bitcoin last year and had some profits until now.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: ipanks on June 30, 2021, 01:46:05 PM
Crypto currency is one of the best investment platform in whole world. Where bitcoin is more profitable and secure investment which we have already proven. So in this pendamic situation those who wants to hold an asset that's resistant to inflation may find investing in bitcoin will be a good idea. Because Where the central banks of any country have the permission to print infinite amount of fiat currencies on the other hand the quantity of bitcoin is fixed in number and limited by its supply capped at 21 million. I think demand is more than supply is applies for bitcoin so in this pendamic situation bitcoin will be a good investment.
If people out there who do not know about bitcoin can start investing in bitcoin in this pandemic, they will not regret it and even they will grateful that they have a new investment that can help them still make money. But it is not easy to introduce bitcoin to them as many still prefer to invest traditionally and it seems they are hard to accept a new thing.

But we as crypto users know that we can not let this chance leave us because we already know that cryptocurrency can help us survive in this pandemic and make money.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: rhodelmabanal on July 01, 2021, 01:17:29 PM
I think bitcoin is not a great investment this pandemic, because many people needs funds right now and we all know that if we invest in bitcoin we need to hold and wait till price is become good. But there are still people that can still do investing specially to those who are financially free or rich person.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: rahmatrf331 on July 01, 2021, 02:14:47 PM
I think bitcoin is not a great investment this pandemic, because many people needs funds right now and we all know that if we invest in bitcoin we need to hold and wait till price is become good. But there are still people that can still do investing specially to those who are financially free or rich person.

I think the pandemic period is very good for investing for those of us who have more funds and today it is no longer a pandemic issue to invest, but it has become a digital era today where financial problems are already in the form of digital data. if we do not follow it, then financial problems will be slow to build.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Webetcoins on July 01, 2021, 05:14:58 PM
I think bitcoin is not a great investment this pandemic, because many people needs funds right now and we all know that if we invest in bitcoin we need to hold and wait till price is become good. But there are still people that can still do investing specially to those who are financially free or rich person.
When it comes about investment, then you should not look for quick profits as you must need to be ready for holding for considerably longer period. Bitcoin is performing well from the beginning of the pandemic hence it must be a very good opportunity to invest with.

Moreover, I am not seeing any big impact in both positive or in negative way with bitcoin's performance due to pandemic but bitcoin remains unaffected due to pandemic and economic slowdown due to pandemic which must be an enough reason to consider bitcoin as a good opportunity to invest in this pandemic times.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: STT on July 04, 2021, 12:54:12 AM
The normal answer would be a virus causing so much business loss is a time of lower growth, less money supply and circulation, also the cost of money rises and its relative strength to assets.  In those times then BTC would not likely do as well, its headline price would pull back.  However we have a monetary base being undermined by government over use of new debt, by comparison the BTC blockchain is steady over a decade and used globally it appears better then it normally would so its not a bad hedge for anyone stuck with a high debt government.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Fundamentals Of on July 04, 2021, 02:48:17 AM
I agree. In these times when the financial environment is more and more unstable and uncertain, it is Bitcoin that is a safer option. Bitcoin is not the same with fiat-based investments which are more prone to the effects of inflation. It is unlike other forms of investment which could be directly affected by a global pandemic. Bitcoin is not dependent on fiat or on the performance of the economy in general.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: kotajikikox on July 04, 2021, 05:59:55 AM
invest in bitcoin, not only during the pandemic, but bitcoin was very well done before the pandemic, because bitcoin has provided real evidence, not mere fictitious, especially when the world economic pandemic weakens, almost all companies lay off workers, unemployment is everywhere, by itself investing in bitcoin, a very good goal, because it can make our finances recover, and can help our families by investing in bitcoin..
Well the post created in Pandemic time meaning lets talk about right now and not from the past but yeah investing in bitcoin all the time not for today or yesterday but instead all the day.
bitcoin is the most desirable investment nowadays , the coins had proven how good this can be for long term.
so now that we are experiencing the great profit we all have in our life.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: ILuckyGuyI on July 04, 2021, 08:27:26 AM
To be honest, I think that Bitcoin is one of the best (or maybe the best) investment tools now. We have a chance to make a really good profit in the long term now if we buy from these levels. After seeing the big dump, I've bought some more. But now, I've just started waiting for the price to recover. And I believe that the price will reach a new ATH before the end of the year.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Saisher on July 04, 2021, 09:06:54 AM
I have a cousin who takes the opportunity to buy when the market crashes it was the time of the pandemic, I thought it's a crazy decision but he made a huge profit when all the coins that he bought on their floor price break each all time, it's an opportunity of a lifetime, but of course we don't want to have another pandemic just for the market to crash and buy cheap.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Ararbermas on July 04, 2021, 01:27:56 PM
Yes it's.. but you need to wait for the right time before you invest in it. Because as you can see we are at these current situation wherein the whole market seems have no stable progress, so you better wait until it shows good results just to assure you are at the right time and you can avoid losing money in it,  be careful because if you dive in right now it will be unpredictable if you can succeed or not afterwards in my opinion . So be patient instead and wait for the right time, don't rush when it comes investing remember that, wherein always follow the trend..


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Rajamuda on July 04, 2021, 02:11:25 PM
The conditions like this seem to have pushed many people closer to bitcoin, of course the price of bitcoin is increasing because more and more people are active on the internet, and bitcoin already looks like one of the best opportunities here, because the more it is known.. people will be more familiar with bitcoin especially if it is supported by a situation like this.
Bitcoin's destiny is like directing it to survive until long lasting


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: sana54210 on July 04, 2021, 07:44:54 PM
The conditions like this seem to have pushed many people closer to bitcoin, of course the price of bitcoin is increasing because more and more people are active on the internet, and bitcoin already looks like one of the best opportunities here, because the more it is known.. people will be more familiar with bitcoin especially if it is supported by a situation like this.
Bitcoin's destiny is like directing it to survive until long lasting
It is also a new generation type of deal, that is why the more money is left to the new generation there will be more money to crypto as well. Think about it this way, there are people who are 60+ years old, anything above 60 years old and to death, that age owns most of the wealth in the world today if you omit the richest 1000 people, so median average means elderly keep the money and they are buying stuff like stocks and gold. Then we have 40 to 60, some of them do own bitcoin but their money is not entirely in crypto, they just buy enough for a taste and that's it.

After that we have people who are 40 and under, those people do buy crypto like crazy, that is the demographic that bitcoin appeals and they have the least amount of money among any of those ages. The older we get, the more money our generation will have, and wealthy will be left to us, and we will buy more and more crypto.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: 2double0 on July 04, 2021, 07:53:34 PM
Like everybody here, I think you should wait for the right opportunity rather than fomo in. That doesn't mean that btc will not go high, but its recovery takes years sometimes and if the investor doesn't have the patience to be in btc for long term, he'll do the same thing of panic selling that he did during fomo'ing. Why not buy btc at much better rates instead of buying now and waiting for it to touch ath and break it while it probably reverses down?


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: South Park on July 04, 2021, 08:17:08 PM
First of all, Bitcoin has proven to be a good investment in every situation which I see was also the main reason why the institutional investors join Bitcoin investment cause if it something that wont be profitable to them they won't have to join in the first place.
In spite of all the potential and benefits of Bitcoin investment is still a risk involving investment but can still be used positively if have the required knowledge in crypto.

Bitcoin passed a great test, as we know one of the reasons behind the creation of bitcoin was the economic crisis of 2007 and satoshi made a reference to this on the genesis block, however this is the first time that bitcoin faced a global crisis and it did so greatly, it was not perfect as the price crashed at the beginning stages of the pandemic but after that crash the price skyrocketed, so I think bitcoin has proven that it will do well when the economy is not, making it extremely valuable as a store of value.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Asuspawer09 on July 04, 2021, 08:25:17 PM
Crypto currency is one of the best investment platform in whole world. Where bitcoin is more profitable and secure investment which we have already proven. So in this pendamic situation those who wants to hold an asset that's resistant to inflation may find investing in bitcoin will be a good idea. Because Where the central banks of any country have the permission to print infinite amount of fiat currencies on the other hand the quantity of bitcoin is fixed in number and limited by its supply capped at 21 million. I think demand is more than supply is applies for bitcoin so in this pendamic situation bitcoin will be a good investment.

I think it's a good thing to start investing in bitcoin especially in this pandemic because you could theoretically earn a good amount of profit in bitcoin or cryptocurrencies.

But at this time of the pandemic, I don't really think that you should invest in cryptocurrency if you don't really have the extra money to invest because investing in cryptocurrency still has its risk so you could always lose the money you invest.

In my experience, my 300$ just exploded and I made a good amount of profit in just a small amount of time so it's totally worth it in my experience to invest but it could be different for you.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: dimonstration on July 04, 2021, 08:43:12 PM
The conditions like this seem to have pushed many people closer to bitcoin, of course the price of bitcoin is increasing because more and more people are active on the internet, and bitcoin already looks like one of the best opportunities here, because the more it is known.. people will be more familiar with bitcoin especially if it is supported by a situation like this.
Bitcoin's destiny is like directing it to survive until long lasting
Just like in the start of Pandemic wherein some stocks falls in price some investors shift in trading thru bitcoin. It makes investors as the well the normal people gain profit last year upto this early half of the year due to the price increases we experience. Those who are knowledgeable in crypto will definitely earn.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: smyslov on July 07, 2021, 01:13:24 PM
I think demand is more than supply is applies for bitcoin so in this pendamic situation bitcoin will be a good investment.

It's a good investment compared to other markets, and many investors have proven that they shift their investment from mutual funds to forex to Cryptocurrency and from other offline investments to the Cryptocurrency market, those who are brave to do this, have made huge profits, it's a risky move but worth it for those who take the risk.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Kittygalore on July 07, 2021, 02:44:10 PM
DYOR before anything else because you are on your own in your investment in cryptocurrency even if a lot of people are answering your thread, this is the last thing that you should do, learn from others. The current volatility of bitcoin is going to be a problem for people that wants to invest in it and quickly make some money out of it so better if you try and test the waters first before dipping in full in bitcoin market, have a feel for the market and it's volatility.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Dhaniii on July 07, 2021, 03:45:31 PM
During the pandemic, it is forbidden to do activities outside the home, invest in the best and profitable opportunities while enjoying at home. Take advantage of free time to invest especially in bitcoin which is in great demand by large investors.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: South Park on July 08, 2021, 04:49:13 PM
I think demand is more than supply is applies for bitcoin so in this pendamic situation bitcoin will be a good investment.

It's a good investment compared to other markets, and many investors have proven that they shift their investment from mutual funds to forex to Cryptocurrency and from other offline investments to the Cryptocurrency market, those who are brave to do this, have made huge profits, it's a risky move but worth it for those who take the risk.
I do not know if it can even be said that it was a risky move, those that invested at the beginning of the pandemic after the crash that happened in March of 2020 took a very calculated risk in which they took a small risk with the possibility of gaining a fortune in the process, at that point we have gone more than 2 years without a bull run and they invested after a major crash when we were close to the halving, the situation was perfect to them and they obtained huge profits thanks to the small risk they took.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: erep on July 08, 2021, 05:44:46 PM
I think bitcoin is not a great investment this pandemic, because many people needs funds right now and we all know that if we invest in bitcoin we need to hold and wait till price is become good. But there are still people that can still do investing specially to those who are financially free or rich person.
During the pandemic, many people lacked economic income from their jobs and were even fired from the company due to the company's deteriorating financial situation, resulting in massive layoffs. The necessities of life come first and investment comes second if you can set aside finances to invest in crypto.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: milewilda on July 08, 2021, 08:50:29 PM
Crypto currency is one of the best investment platform in whole world. Where bitcoin is more profitable and secure investment which we have already proven. So in this pendamic situation those who wants to hold an asset that's resistant to inflation may find investing in bitcoin will be a good idea. Because Where the central banks of any country have the permission to print infinite amount of fiat currencies on the other hand the quantity of bitcoin is fixed in number and limited by its supply capped at 21 million. I think demand is more than supply is applies for bitcoin so in this pendamic situation bitcoin will be a good investment.
Dont think that bitcoin would save you up on this pandemic situation if you arent doing something or anything because this isnt some internet magic money that would save up your ass
if you dont do something but of course its true that bitcoin or crypto could really save yourself on this pandemic situation if you have done something and when it comes to investment
then it is really that appealing for anyone because of the returns that could possibly big but of course the risk would be on equal.So its up to someones decision if they would
make out investment then they should prepare themselves about that matter.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: DU18 on July 09, 2021, 03:59:19 PM
When the current pandemic era hits the world, of course it also has an impact on the global economy, and of course we have to be able to think about how to get money to be able to support our families, with the rules and restrictions not to leave the house from the government, some people have to lose their jobs them and trading bitcoin or altcoins in my opinion can be a solution to overcome this, because by trading in the market, we can do it anywhere including even in bed though ;D.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Mr.Scott on July 09, 2021, 04:26:36 PM
I think bitcoin is not a great investment this pandemic, because many people needs funds right now and we all know that if we invest in bitcoin we need to hold and wait till price is become good. But there are still people that can still do investing specially to those who are financially free or rich person.
During the pandemic, many people lacked economic income from their jobs and were even fired from the company due to the company's deteriorating financial situation, resulting in massive layoffs. The necessities of life come first and investment comes second if you can set aside finances to invest in crypto.
We have witnessed a record breaking market cap also most crypto reached its ATH, in that sense I'll praise to those who make invest early. Anytime is a good time for Bitcoin investment, the phrase proved once again in this pandemic. Let's speak thyself, Still I'm feeling good to do this investment no matter what situation it now only matter Free Cash to get in.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: lepbagong on July 09, 2021, 07:24:24 PM
When the current pandemic era hits the world, of course it also has an impact on the global economy, and of course we have to be able to think about how to get money to be able to support our families, with the rules and restrictions not to leave the house from the government, some people have to lose their jobs them and trading bitcoin or altcoins in my opinion can be a solution to overcome this, because by trading in the market, we can do it anywhere including even in bed though ;D.
the best solution so far is what you said in the second phase of the pandemic which is increasingly contagious, making us not have to do excessive activities outside the home. Of course, to be able to carry out crypto activities that we can do from trading and many others that can generate finances to meet needs that we cannot avoid, it is precisely during this pandemic that the costs are even greater.

while maintaining that we avoid transmission and we can do it anytime and only at home, of course crypto work is very helpful to be able to meet the needs that we really need without any fear we will be exposed to the pandemic and we can still do it at home and still produce too.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: acener on July 10, 2021, 04:34:39 AM
Just the price itself is a proof that it isn't a bad investment just take a look how much it goes up during the pandemic,
I think it is enough proof that those people believe that it is a good one to invest and not just Bitcoin but also other crypto as well.
Crypto has been the main source of income by most of us during this pandemic because they lost their jobs or even businesses.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: BuNga_cute on July 10, 2021, 05:55:11 AM
Just the price itself is a proof that it isn't a bad investment just take a look how much it goes up during the pandemic,
I think it is enough proof that those people believe that it is a good one to invest and not just Bitcoin but also other crypto as well.
Crypto has been the main source of income by most of us during this pandemic because they lost their jobs or even businesses.

I am one of the people who make Bitcoin as a source of income in a pandemic situation, because Bitcoin's performance is extraordinary compared
to other assets during the pandemic. With Bitcoin, it can provide a solution for people who are really affected by the pandemic, even I feel
my economy is getting better after getting to know Bitcoin. So I dare say that Bitcoin is the best investment in a pandemic situation.
It's never too late to invest in Bitcoin, because the price of Bitcoin will be even higher in the future.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: CryptopreneurBrainboss on July 10, 2021, 06:30:03 AM
Crypto currency is one of the best investment platform in whole world. Where bitcoin is more profitable and secure investment which we have already proven. So in this pendamic situation those who wants to hold an asset that's resistant to inflation may find investing in bitcoin will be a good idea.

Bitcoin isn't immune to volatility, if the pandemic is to hit the market again as it did in March of last year, don't ever think the crypto market won't be affected. In fact it could be the most affected markets but you aren't to panic as when the market starts recovering, the cryptocurency market has the highest chance of giving better return of investment than any other market.

That been said, you can consider investing in the industry as your best choice against the pandemic but be ready to restand any short term volatility that comes. We have more of speculators in the industry than investors so when they fud comes they're usually the first to panic sell their investment and also the first to fomo back into the market.

The best you can do for yourself is not to follow this same pattern instead, while others are panic selling, you should be accumulating more Bitcoin as there's every possible this same price of the Bitcoin might not been seen in the future again as it could be your last chance of getting Bitcoin cheap.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: dunfida on July 11, 2021, 09:58:18 PM
Just the price itself is a proof that it isn't a bad investment just take a look how much it goes up during the pandemic,
I think it is enough proof that those people believe that it is a good one to invest and not just Bitcoin but also other crypto as well.
Crypto has been the main source of income by most of us during this pandemic because they lost their jobs or even businesses.
Yes,its  possible but always mind off about the risk involved and dont go all in or put loaned money on it because we know that everything isnt guaranteed on crypto space.

We are on a pandemic situation on where majority cant really that afford on making out investment since we do need to save up for essentials for us to survive specially into those

who do lost up their jobs but if you do really tend to risk then its either you do make profits or lose money but of course you wont be losing anything when you dont sell anything.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: CaVO32 on July 11, 2021, 10:15:52 PM
Just the price itself is a proof that it isn't a bad investment just take a look how much it goes up during the pandemic,
I think it is enough proof that those people believe that it is a good one to invest and not just Bitcoin but also other crypto as well.
Crypto has been the main source of income by most of us during this pandemic because they lost their jobs or even businesses.
Yes,its  possible but always mind off about the risk involved and dont go all in or put loaned money on it because we know that everything isnt guaranteed on crypto space.

We are on a pandemic situation on where majority cant really that afford on making out investment since we do need to save up for essentials for us to survive specially into those

who do lost up their jobs but if you do really tend to risk then its either you do make profits or lose money but of course you wont be losing anything when you dont sell anything.

It is not really advisable to risk your borrowed money into this market. Even if we say the crypto you will be investing has high chance to go up, but still the risk is high. In this market, it is smart to use your extra funds. At least when something goes sideways, you don't have to answer to anyone about the lost funds.

But if you can afford, btc for me is good for long-term investment. But if you go into short-term, maybe do the scalping strategy to earn profits. But you need to be careful, as one wrong move, and all your small profits will be wiped off.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Questat on July 11, 2021, 11:29:42 PM
Certainly, it is if you still have the spare money. Actually, crypto investment is not just the best or good during the pandemic but in all seasons. We can't just deny that the pandemic makes the crypto market getting strong as we are more on online transactions. in fact, we can see that the number of investors is currently growing, this means that despite the crisis that we have now, people are still seeing a huge opportunity on crypto and that you need to think of. If that they will able to see the good in here, then possibly that will also happen to you.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Erdogan on July 11, 2021, 11:35:29 PM
Crypto currency is one of the best investment platform in whole world. Where bitcoin is more profitable and secure investment which we have already proven. So in this pendamic situation those who wants to hold an asset that's resistant to inflation may find investing in bitcoin will be a good idea. Because Where the central banks of any country have the permission to print infinite amount of fiat currencies on the other hand the quantity of bitcoin is fixed in number and limited by its supply capped at 21 million. I think demand is more than supply is applies for bitcoin so in this pendamic situation bitcoin will be a good investment.

What you wrote is absolutely true! Financial systems keep coming up with ideas to keep their system. Unfortunately, or rather fortunately, it will all be torn down .. I aheve no idea -it will be nice :D


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: adaseb on July 12, 2021, 03:48:08 AM
From what I am reading most people who want to invest, usually buy Bitcoin and use their savings. Then they get some hardware wallet and hold it long term.

However there are also those people who want to trade Bitcoin, usually with leverage and usually with borrowed funds. Whether it’s from a credit card, loan, line of credit. Those are usually the ones which get liquidated at first. And we saw this back in late 2017 when people were opening up Coinbase accounts and funding with their credit cards. What that led to was visa and MasterCard blocking those transactions because if the market corrected they would be on the hook if it led to people defaulting.

Hence why it’s difficult to buy crypto these days with credit cards .


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: stomachgrowls on July 12, 2021, 07:40:06 PM
From what I am reading most people who want to invest, usually buy Bitcoin and use their savings. Then they get some hardware wallet and hold it long term.

However there are also those people who want to trade Bitcoin, usually with leverage and usually with borrowed funds. Whether it’s from a credit card, loan, line of credit. Those are usually the ones which get liquidated at first. And we saw this back in late 2017 when people were opening up Coinbase accounts and funding with their credit cards. What that led to was visa and MasterCard blocking those transactions because if the market corrected they would be on the hook if it led to people defaulting.

Hence why it’s difficult to buy crypto these days with credit cards .
Come to think off that everybody doesnt own a credit card which this is basically going for people to take some loan on p2p.It isnt really bad to  take a loan for investment but this  is something which is way too risky
for someone to take but we know that every  investment does have its own risk so its up to you on which one you would take.

If you are minding about making yourself survive on this pandemic situation through crypto investment then dont hope that much because theres no guarantee that bitcoin or other altcoin would really be having that
increase which simply means that nothing can be sure off in terms of profits.

Its someones choice and risk taking factor but of course you should think for how many times about the risk.



Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Fortify on July 12, 2021, 07:51:28 PM
Crypto currency is one of the best investment platform in whole world. Where bitcoin is more profitable and secure investment which we have already proven. So in this pendamic situation those who wants to hold an asset that's resistant to inflation may find investing in bitcoin will be a good idea. Because Where the central banks of any country have the permission to print infinite amount of fiat currencies on the other hand the quantity of bitcoin is fixed in number and limited by its supply capped at 21 million. I think demand is more than supply is applies for bitcoin so in this pendamic situation bitcoin will be a good investment.

I have a feeling that the limited supply of Bitcoin will ultimately in the long run be a bad thing for Bitcoin. 21 million might sound like a lot but it that has to be shared by the desires of over 7.8 billion people and is badly suited to conduct regular transactions that would make it a useful trading asset. At present most of the Bitcoin in circulation is being held for speculative purposes, hoping that someone else will come along and buy it for a higher price than you paid. An effective currency needs mass adoption beyond such a limited purpose, it is nice to have a decentralized banking system but the current banking system currently allows for pretty low friction transactions already.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: South Park on July 12, 2021, 09:24:09 PM
During the pandemic, many people lacked economic income from their jobs and were even fired from the company due to the company's deteriorating financial situation, resulting in massive layoffs. The necessities of life come first and investment comes second if you can set aside finances to invest in crypto.
If you are living day to day then this is true, however for the ones that actually take the time to save the pandemic was a time of opportunities, after all you could get bitcoin very cheaply at the beginning stages of the pandemic and you could have multiplied your capital in a short amount of time, this is why saving is important, this is a habit that is being lost on the newer generations but this means that they cannot take advantage of the opportunities that appear when a crisis comes and that is a shame because that is when massive wealth transfers occur.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Sithara007 on July 13, 2021, 04:00:14 AM
From what I am reading most people who want to invest, usually buy Bitcoin and use their savings. Then they get some hardware wallet and hold it long term.

However there are also those people who want to trade Bitcoin, usually with leverage and usually with borrowed funds. Whether it’s from a credit card, loan, line of credit. Those are usually the ones which get liquidated at first. And we saw this back in late 2017 when people were opening up Coinbase accounts and funding with their credit cards. What that led to was visa and MasterCard blocking those transactions because if the market corrected they would be on the hook if it led to people defaulting.

Hence why it’s difficult to buy crypto these days with credit cards .

I don't think that Visa/Master took action back then because of a rise in the number of defaults from cryptocurrency users. From what I heard, the unclear legal status of Bitcoin was primarily responsible for this situation. Recently payment processors such as Visa has become very selective. They have refused to provide their services to merchants in certain sectors, such as cannabis stores, porn websites, online casinos.etc. The action taken against cryptocurrency users was not a one off measure.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: carter34 on July 13, 2021, 02:29:53 PM
Crypto currency is one of the best investment platform in whole world. Where bitcoin is more profitable and secure investment which we have already proven. So in this pendamic situation those who wants to hold an asset that's resistant to inflation may find investing in bitcoin will be a good idea. Because Where the central banks of any country have the permission to print infinite amount of fiat currencies on the other hand the quantity of bitcoin is fixed in number and limited by its supply capped at 21 million. I think demand is more than supply is applies for bitcoin so in this pendamic situation bitcoin will be a good investment.

Whether the pandemic situation or not the supply quantity of bitcoin is the advantage over Fiat . In time to come in the future, the price of bitcoin will sky high for profit to hodlers. Fiat currency is usually inflation chanlenged which makes the value of purchasing of products reduced but bitcoin is not having such challenge, meaning more investment will come into bitcoin.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Yaunfitda on July 14, 2021, 11:16:23 AM
From what I am reading most people who want to invest, usually buy Bitcoin and use their savings. Then they get some hardware wallet and hold it long term.
Probably these are smart investors,  ;D.

However there are also those people who want to trade Bitcoin, usually with leverage and usually with borrowed funds. Whether it’s from a credit card, loan, line of credit. Those are usually the ones which get liquidated at first. And we saw this back in late 2017 when people were opening up Coinbase accounts and funding with their credit cards. What that led to was visa and MasterCard blocking those transactions because if the market corrected they would be on the hook if it led to people defaulting.

Hence why it’s difficult to buy crypto these days with credit cards .
And that is a huge risk, borrowing money just to invest in crypto. And I would say that it is a double whammy as you have to pay credit cards with interest and then suddenly the market goes into bearish trend. So I don't agree with this kind of strategy. Just better to save your money and then invest on crypto later for long term hold. Less headache and the chance of getting a good returns in the future.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: michellee on July 14, 2021, 03:45:08 PM
I made a small profit from my investment during the pandemic, I just knew the market will get up once news of the vaccine comes out, my only regret was I never invested more I should have sold some of my property to invest in some of the top coins in the market, the advice buy low and sell high is very much true in times of the bear market.
You do not have to regret it because you still have much time to invest in bitcoin or altcoin. What you need to do is prepare for the next downtrend because that will happen in the future. And if you think you can make another profit soon, you better take it and hold the fund to wait for the next down. I am sure you can do that, especially if you already make a profit before. Bitcoin price will be up and down many times so you can use that moment to buy or sell.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: SquallLeonhart on July 14, 2021, 08:02:20 PM
I don't think that Visa/Master took action back then because of a rise in the number of defaults from cryptocurrency users. From what I heard, the unclear legal status of Bitcoin was primarily responsible for this situation. Recently payment processors such as Visa has become very selective. They have refused to provide their services to merchants in certain sectors, such as cannabis stores, porn websites, online casinos.etc. The action taken against cryptocurrency users was not a one off measure.
However I do understand that why it makes sense, it is not really something that should be seen as a bad thing, we should see it as prevention towards something bad, which is why cryptocurrency not getting acceptance from the card companies, that makes sense.

I am not sure about porn sites because they are wildly accepted as a legal business, but for example cannabis is not legal in every states so that means they can't accept it because it would be illegal in some states and that is the problem. That is why I understand the situation, it is really not a horrible situation but it is not a great situation neither it is just an acceptable situation. That is something we should just accept and move on, that is why let the card companies do what they do and as long as they accept most of the companies that do normal business like sell an apple or whatever then we have no problem.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: carlfebz2 on July 14, 2021, 09:49:51 PM
invest in bitcoin, not only during the pandemic, but bitcoin was very well done before the pandemic, because bitcoin has provided real evidence, not mere fictitious, especially when the world economic pandemic weakens, almost all companies lay off workers, unemployment is everywhere, by itself investing in bitcoin, a very good goal, because it can make our finances recover, and can help our families by investing in bitcoin..
Having funds allocated for investment then its a good choice but dont cross out the probabilities on losing money too since its never been a guaranteed to make out profits here on bitcoin.

Now that people does have a hard time specially to those who lost up jobs or closed businesses due to pandemic then its really hard to make out investments but if you could risk to take a shot then its your choice.

Just remember that you cant just rely on one thing if you are talking on profits here on bitcoin investment.Always think of that movement here cant really be known then it does simply means that
you couldnt be sure on when you do make money.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Clavulanic on July 14, 2021, 10:12:45 PM
It will only be good when a person got a good savings before pandemic and be used to invest on bitcoin while it's on recent downturn. Meanwhile, that's unfortunate for the person who has no enough savings and yet aiming to own bitcoin. I can only suggest them to work harder in crypto like they can join other cryptocurrency related jobs or join any bounty campaigns that pays altcoins which can be exchange for btc.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: LUCKMCFLY on July 14, 2021, 10:33:00 PM
The price of BTC is in constant fluctuation, the volatility is doing its thing, but this has triggered the bulls of BTC to defend the price level, the truth is that they do not want it to fall below $ 30k, I think it is something psychological that do not allow the fall:

https://i.imgur.com/kQdxo5U.png
Quote
Contrary to this assumption, if bulls thrust the price above the 20-day EMA, the pair could reach the 50-day simple moving average ($35,361). A breakout and close above this level will be the first indication that sellers are losing their grip.

That will also increase the possibility of a break above $36,670. If that happens, the pair could start its journey toward the $41,330 to $42,451.67 resistance zone.
Source: https://cointelegraph.com/news/price-analysis-7-14-btc-eth-bnb-ada-xrp-doge-dot-uni-bch-ltc (https://cointelegraph.com/news/price-analysis-7-14-btc-eth-bnb-ada-xrp-doge-dot-uni-bch-ltc)

For now it is best to wait, the BTC bulls may be waiting for the best moment to prepare for a possible bullish rally, this pandemic has made many traders enter and want to raise the price.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Golftech on July 14, 2021, 11:51:24 PM
Crypto currency is one of the best investment platform in whole world. Where bitcoin is more profitable and secure investment which we have already proven. So in this pendamic situation those who wants to hold an asset that's resistant to inflation may find investing in bitcoin will be a good idea. Because Where the central banks of any country have the permission to print infinite amount of fiat currencies on the other hand the quantity of bitcoin is fixed in number and limited by its supply capped at 21 million. I think demand is more than supply is applies for bitcoin so in this pendamic situation bitcoin will be a good investment.

There is no doubt that bitcoin is the most profitable investment even during a pandemic, this condition is different from many investments that move slowly and even stop such as property, gold, stocks, etc.

If you already have a good system to use then yes this venue is profitable, knowing how to facialatate well and keep improving

your skills and knowledge everything will run smoothly, bitcoin is a good asset during this pandemic, many people learn it and now

enjoying the benefits, while there are others who also showing their interest which will add more support in the long run.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: ultrloa on July 14, 2021, 11:59:12 PM
It will only be good when a person got a good savings before pandemic and be used to invest on bitcoin while it's on recent downturn. Meanwhile, that's unfortunate for the person who has no enough savings and yet aiming to own bitcoin. I can only suggest them to work harder in crypto like they can join other cryptocurrency related jobs or join any bounty campaigns that pays altcoins which can be exchange for btc.

Not only  that they also need to be knowledgeable about crypto before they try to invest on this since the risk of losing money is so high here and I'm sure new users cannot take to see how their money drowning if the market is not in good shape that's why before they go on something they think good  they need to learn first the flaws so that they can start to accept the possible result  and try to bounce back again once they see an opportunity to enter and take their good positions.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Wong Gendheng on July 15, 2021, 01:57:44 AM


I made a small profit from my investment during the pandemic, I just knew the market will get up once news of the vaccine comes out, my only regret was I never invested more I should have sold some of my property to invest in some of the top coins in the market, the advice buy low and sell high is very much true in times of the bear market.


Bitcoin is the most profitable investment when the pandemic, almost all investment units decline, property, stocks, gold, end many more are red. I also regret selling bitcoin for cash when the price $25k in December, but I'm optimistic to start investing in bitcoin again. Now is the right time because the market will rise again soon.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: cabron on July 15, 2021, 02:39:35 AM

I made a small profit from my investment during the pandemic, I just knew the market will get up once news of the vaccine comes out, my only regret was I never invested more I should have sold some of my property to invest in some of the top coins in the market, the advice buy low and sell high is very much true in times of the bear market.

Bitcoin is the most profitable investment when the pandemic, almost all investment units decline, property, stocks, gold, end many more are red. I also regret selling bitcoin for cash when the price $25k in December, but I'm optimistic to start investing in bitcoin again. Now is the right time because the market will rise again soon.

The price of BTC isn't actually encouraging investors, it's not safe at all to invest right now in Bitcoin. Buying Bitcoin has to be timely with the price hitting the bottom or else you won't be profiting instead. Since last year the price went high that we never expect but it's now crashing while there's still a Pandemic. Buying today will only cause you to lose.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Shamm on July 15, 2021, 02:51:50 AM
  Investing in Bitcoins are really Good specially in pandemic time cause we at least we have an invest that we can wait for a time we need it to cash out if there's an emergency that we can use it anytime. That's the advantage of investing in Bitcoins but the dis advantage of Bitcoins is we can not expect the value we can cash out because bitcoins is Volatile.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Obito on July 15, 2021, 06:05:08 AM
  Investing in Bitcoins are really Good specially in pandemic time cause we at least we have an invest that we can wait for a time we need it to cash out if there's an emergency that we can use it anytime. That's the advantage of investing in Bitcoins but the dis advantage of Bitcoins is we can not expect the value we can cash out because bitcoins is Volatile.
It's the opposite because if you look at it, the pandemic needs you to spend more money and hodling or investing in bitcoin and other cryptocurrencies takes time before it fully matures, remember that this isn't a get rich quick scheme and it's not ideal to invest during the pandemic if it means that you will be starving, remember that you need to only invest what you can afford to lose and if you don't havve the money then you might have to choose not to invest.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Rasa nanas on July 15, 2021, 07:37:38 AM
I made a small profit from my investment during the pandemic, I just knew the market will get up once news of the vaccine comes out, my only regret was I never invested more I should have sold some of my property to invest in some of the top coins in the market, the advice buy low and sell high is very much true in times of the bear market.
this is a mistake investing in bitcoin. You should use unused money to invest, not push yourself to sell some of the properties you own. maybe you will feel all is well when the market conditions are good and the investment goes according to your expectations. market conditions are very difficult to predict, when market conditions are bad people like you are very easy to panic because you use personal money.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: South Park on July 17, 2021, 03:54:54 PM
I made a small profit from my investment during the pandemic, I just knew the market will get up once news of the vaccine comes out, my only regret was I never invested more I should have sold some of my property to invest in some of the top coins in the market, the advice buy low and sell high is very much true in times of the bear market.
You do not have to regret it because you still have much time to invest in bitcoin or altcoin. What you need to do is prepare for the next downtrend because that will happen in the future. And if you think you can make another profit soon, you better take it and hold the fund to wait for the next down. I am sure you can do that, especially if you already make a profit before. Bitcoin price will be up and down many times so you can use that moment to buy or sell.
Hindsight is always dangerous, we must remember that back then we did not knew how big the pandemic will be, if the pandemic was way worse than what it was there was the risk your investment in bitcoin would have been a bad idea as people would concentrate on food, water and other stuff that you actually need to survive during those difficult times, so it is fine that people were a little bit conservative and did not invested as much money in bitcoin back then.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: DOH! on July 17, 2021, 05:22:55 PM
Bitcoin is always good in any situation, if you want to go directly into the market with the strongest, most confident. Sure, It's always bitcoin, important is a buy stop, I think, all price action now is bullish but better save it for tomorrow. Decisive date for the GBTC dump to be unlocked. Anything I will have an advantage if cautiously consider tomorrow. I'm still optimistic about this situation~. Buy and hold


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: kapalmabur on July 17, 2021, 06:20:11 PM
Bitcoin is always good in any situation, if you want to go directly into the market with the strongest, most confident. Sure, It's always bitcoin, important is a buy stop, I think, all price action now is bullish but better save it for tomorrow. Decisive date for the GBTC dump to be unlocked. Anything I will have an advantage if cautiously consider tomorrow. I'm still optimistic about this situation~. Buy and hold


everyone is discussing GBTC unlocked this month, is it really a Bitcoin price dump because of that?,
I still believe Bitcoin can reach new ATH again, it's just that Bitcoin must stay above 28k in this time, I'm very worried,
and still have more than 1 Bitcoin, and this is your luck if you haven't bought Bitcoin, because the price is very cheap now.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Fatunad on July 17, 2021, 07:50:45 PM
Bitcoin is always good in any situation, if you want to go directly into the market with the strongest, most confident. Sure, It's always bitcoin, important is a buy stop, I think, all price action now is bullish but better save it for tomorrow. Decisive date for the GBTC dump to be unlocked. Anything I will have an advantage if cautiously consider tomorrow. I'm still optimistic about this situation~. Buy and hold


everyone is discussing GBTC unlocked this month, is it really a Bitcoin price dump because of that?,
I still believe Bitcoin can reach new ATH again, it's just that Bitcoin must stay above 28k in this time, I'm very worried,
and still have more than 1 Bitcoin, and this is your luck if you haven't bought Bitcoin, because the price is very cheap now.
First thing that i wasnt aware or simply just missed it about BTC and made out some search.
https://coinfomania.com/gbtc-unlock-non-event-for-btc-primexbt-analyst/

Connected or not butt we know that market could really be highly reactive to news or sentiments like this but i dont see for it to be an enough reason to make out some bad dumps.
We might see some possible correction or decline but we cant really precisely determine if this one is the sole reason or just purely random.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: South Park on July 21, 2021, 05:43:20 PM
Bitcoin is always good in any situation, if you want to go directly into the market with the strongest, most confident. Sure, It's always bitcoin, important is a buy stop, I think, all price action now is bullish but better save it for tomorrow. Decisive date for the GBTC dump to be unlocked. Anything I will have an advantage if cautiously consider tomorrow. I'm still optimistic about this situation~. Buy and hold

To the bold part I will add the caveat of bitcoin being good in any situation only if you are willing to hold your coins for the long term, for example does it makes a difference if you bought at 30k or 29k if you sell your bitcoin when it is valued at 500k? Not really, however if you are planning on being a short term trader then selecting the right moment to buy bitcoin is critical and should be done at moments like yesterday when the price went down below a resistance level that had been difficult to break.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Raflesia on July 21, 2021, 08:03:41 PM
Bitcoin is always good in any situation, if you want to go directly into the market with the strongest, most confident. Sure, It's always bitcoin, important is a buy stop, I think, all price action now is bullish but better save it for tomorrow. Decisive date for the GBTC dump to be unlocked. Anything I will have an advantage if cautiously consider tomorrow. I'm still optimistic about this situation~. Buy and hold

To the bold part I will add the caveat of bitcoin being good in any situation only if you are willing to hold your coins for the long term, for example does it makes a difference if you bought at 30k or 29k if you sell your bitcoin when it is valued at 500k? Not really, however if you are planning on being a short term trader then selecting the right moment to buy bitcoin is critical and should be done at moments like yesterday when the price went down below a resistance level that had been difficult to break.

Much more appropriate during a pandemic is to buy and hold in the long term, this situation has to be like that and I think in the short term it should be done in some altcoins much more appropriate than BTC which has to be more capitalized, then that would be a good thing be held in any situation and you will definitely deserve the benefits later.

For now, the situation when it's going down, we really have to move quickly to take steps and buy it, just choose whether to take a small percentage or a bigger percentage but someday.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: milewilda on July 21, 2021, 08:25:19 PM
Bitcoin is always good in any situation, if you want to go directly into the market with the strongest, most confident. Sure, It's always bitcoin, important is a buy stop, I think, all price action now is bullish but better save it for tomorrow. Decisive date for the GBTC dump to be unlocked. Anything I will have an advantage if cautiously consider tomorrow. I'm still optimistic about this situation~. Buy and hold

To the bold part I will add the caveat of bitcoin being good in any situation only if you are willing to hold your coins for the long term, for example does it makes a difference if you bought at 30k or 29k if you sell your bitcoin when it is valued at 500k? Not really, however if you are planning on being a short term trader then selecting the right moment to buy bitcoin is critical and should be done at moments like yesterday when the price went down below a resistance level that had been difficult to break.
When buying bitcoin then you should really think of on what are your goals neither a short term or a long term one and if you are thinking that you would really be relying into those profits in short term
then you would really need up to trade actively which it is something for someone who could get it on overnight which does involved lots of time and lots of trade for you to learn up everything
and make yourself sustainable and it isnt easy as it sounds on where most people do really believe and assume on but if you dont really care on holding it up for long time then
this would be the best choice imho but of course you should be mindful about the risk as it always be.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Renampun on July 21, 2021, 09:48:38 PM
Crypto currency is one of the best investment platform in whole world. Where bitcoin is more profitable and secure investment which we have already proven. So in this pendamic situation those who wants to hold an asset that's resistant to inflation may find investing in bitcoin will be a good idea. Because Where the central banks of any country have the permission to print infinite amount of fiat currencies on the other hand the quantity of bitcoin is fixed in number and limited by its supply capped at 21 million. I think demand is more than supply is applies for bitcoin so in this pendamic situation bitcoin will be a good investment.
Bitcoin is the best investment during this pandemic but you still have to be aware that the price is very volatile...

Bitcoin prices change wildly every minute, don't when you see the Bitcoin price drop or sell then you immediately sell your BTC. make Bitcoin a long-term investment then you will see your investment grow many times from the year you bought it.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: YOSHIE on July 23, 2021, 05:37:20 AM
I have something to say to you 'Crypto' 'investment' and 'pandemic'.

In my country before the crypto/Bitcoin pandemic was not so trusted by many people, let alone investing, the pandemic happened, making all elements of the lower and upper classes find out what Crypto and Bitcoin ar.

Currently almost 80% of the community is already involved in crypto investment, not only that, local banks and our own government have issued digital currencies today that can be traded on crypto exchanges, meaning that crypto has been well received in our society.

Bottom line: a good alternative right now is to invest in Crypto for the long term.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Kong Hey Pakboy on July 23, 2021, 07:45:12 AM
I think given how we need different avenues to make money now that the pandemic has made some people been laid off of their jobs. And cryptocurrencies give a good opportunity to make some money out of it's volatility.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: btc78 on July 23, 2021, 09:49:30 AM
Crypto currency is one of the best investment platform in whole world. Where bitcoin is more profitable and secure investment which we have already proven. So in this pendamic situation those who wants to hold an asset that's resistant to inflation may find investing in bitcoin will be a good idea. Because Where the central banks of any country have the permission to print infinite amount of fiat currencies on the other hand the quantity of bitcoin is fixed in number and limited by its supply capped at 21 million. I think demand is more than supply is applies for bitcoin so in this pendamic situation bitcoin will be a good investment.
The Title questions seems to be inappropriate because it is more than a year now since pandemic ruin the world yet you are asking about how good Bitcoin as investment in this season?
Look how much profit earned from those who invest in bitcoin last March 2020 when the market dumps and the pandemic create FUD in the world of crypto.
and besides those people that has nothing to spend their money will always be the best person to trust this.
Look how much you can gain after the years of waiting than putting your money in banks, or investing in business you don't really understand.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: dezoel on July 23, 2021, 08:21:27 PM
No matter how many people keep talking about "investment" being the way out, it is really not, it definitely is not the way out. You could see Amazon finally bankrupting one day, sure it is making more and more money but who knows what is going to happen to them? Maybe one day they will be bankrupted by some union problem and legal penalties towards it? Maybe someone leftist like Bernie but younger will become president one day (which is very hard in USA but not impossible) and destroy amazon? Maybe Tesla will be sold and the new owner will suck? We literally have no idea any stock that can forever keep going, any stock "could" drop.

What about bitcoin? Maybe quantum computing will make it impossible to keep it stable? Maybe it will destroy the blockchain and just take the ownership? There is nothing you can "invest" and be in 100% guaranteed profit. So why not pick bitcoin in pandemic? Not like it is any worse than the others.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: ShowOff on July 23, 2021, 08:45:42 PM
This is the reason why we are required to consider the amount of money we can afford to lose if we intend to invest. Bitcoin investment is by no means risk free because if we have a chance of getting more than 50% then we also have the potential to lose the same percentage.
To put your mind at ease when investing, it's a good idea to consider this investment as future saving in bitcoin.

One thing the OP might find useful, don't think that bitcoin will make you rich overnight and it's not a get-rich-quick scheme. Whether during a pandemic or not, bitcoin is a good investment asset for those who believe in its future potential.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: pinggoki on July 23, 2021, 10:58:19 PM
Thing is, like a lot of the people here in this thread, Bitcoin is not only good an investment for situations like this, it is a must-have asset that everyone with access to the internet should include in their portfolios because the possibilities for gains in this cryptocurrency is just too high to ignore. Sure the fact that it is intangible and easily accessible plus the fact that it's secure and boundless works best in situations where you cannot just go outside the house and meet with people as with fiat and assets that will require a broker's assistance, but it is best for every type of daily situation since it is versatile.
This is the reason why we are required to consider the amount of money we can afford to lose if we intend to invest. Bitcoin investment is by no means risk free because if we have a chance of getting more than 50% then we also have the potential to lose the same percentage.
To put your mind at ease when investing, it's a good idea to consider this investment as future saving in bitcoin.

One thing the OP might find useful, don't think that bitcoin will make you rich overnight and it's not a get-rich-quick scheme. Whether during a pandemic or not, bitcoin is a good investment asset for those who believe in its future potential.
You are certainly right about this. The statement I spoke on about applies greatly to people who can afford to buy a few coins here and there without the need to skip lunch or dinner next day. Of course as a wise investor you should be able to identify and budget how much you will be willing and able to lose without said loss impeding on your lifestyle.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Wawa2013 on July 23, 2021, 11:23:19 PM
No matter how many people keep talking about "investment" being the way out, it is really not, it definitely is not the way out. You could see Amazon finally bankrupting one day, sure it is making more and more money but who knows what is going to happen to them? Maybe one day they will be bankrupted by some union problem and legal penalties towards it? Maybe someone leftist like Bernie but younger will become president one day (which is very hard in USA but not impossible) and destroy amazon? Maybe Tesla will be sold and the new owner will suck? We literally have no idea any stock that can forever keep going, any stock "could" drop.

What about bitcoin? Maybe quantum computing will make it impossible to keep it stable? Maybe it will destroy the blockchain and just take the ownership? There is nothing you can "invest" and be in 100% guaranteed profit. So why not pick bitcoin in pandemic? Not like it is any worse than the others.

I agree that every investment has its risks. and as good investors we should realize that no investment guarantees 100% profit. Therefore it is
the same as Bitcoin, although it has a high risk, but as long as we have good risk management. Everything can go well too, moreover we can
all see Bitcoin's performance during this pandemic has increased quite significantly. So for me Bitcoin is a good investment choice in a pandemic
situation like now.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: TelolettOm on July 23, 2021, 11:46:50 PM
we can all see Bitcoin's performance during this pandemic has increased quite significantly. So for me Bitcoin is a good investment choice in a pandemic situation like now.
Agree. When most investments are decreasing during the pandemic, Bitcoin looks to grow well. That's the reason why many players on the stocks market moved massively to crypto investment, especially to invest in Bitcoin. So, basically, there is no doubt that Bitcoin is the real solution for investment in the pandemic. But surely there is no guarantee of success or earning big money from Bitcoin. It depends on how the strategy, know a good time to buy or sell, and have a good attitude/mental. These require serious learning if you are a newcomer.



Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Mahanton on July 23, 2021, 11:57:18 PM
we can all see Bitcoin's performance during this pandemic has increased quite significantly. So for me Bitcoin is a good investment choice in a pandemic situation like now.
Agree. When most investments are decreasing during the pandemic, Bitcoin looks to grow well. That's the reason why many players on the stocks market moved massively to crypto investment, especially to invest in Bitcoin. So, basically, there is no doubt that Bitcoin is the real solution for investment in the pandemic. But surely there is no guarantee of success or earning big money from Bitcoin. It depends on how the strategy, know a good time to buy or sell, and have a good attitude/mental. These require serious learning if you are a newcomer.


Investments arent bad on times like these because its up to someones decision whether they do make out investment or not as this will really be depending on someones capacity in terms of financial.
Pandemic situation isnt a big hindrance for some people but for those who had just right or ample of money to earn on then this would really be a big problem to them but if you could really see
some opportunities then you would really be finding a way.Someones success will really be depending on how dedicated you are towards your goals in life.
Actions would really be next in line depending on what you do think of.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: goinmerry on July 23, 2021, 11:59:16 PM
As long as you know what to do, then nothing wrong with it.

But it's risky if you will invest in Bitcoin to support your daily need in the pandemic. Bitcoin isn't served a purpose like that. Taking profits in Bitcoin will take time especially if we look at the current price movement, there's not much large swing.

Bitcoin is swinging in a gap $3,000 to $4,000 range these days. A good chance to daytrade if you are in rush getting profits.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Wawa2013 on July 25, 2021, 04:33:26 AM
we can all see Bitcoin's performance during this pandemic has increased quite significantly. So for me Bitcoin is a good investment choice in a pandemic situation like now.
Agree. When most investments are decreasing during the pandemic, Bitcoin looks to grow well. That's the reason why many players on the stocks market moved massively to crypto investment, especially to invest in Bitcoin. So, basically, there is no doubt that Bitcoin is the real solution for investment in the pandemic. But surely there is no guarantee of success or earning big money from Bitcoin. It depends on how the strategy, know a good time to buy or sell, and have a good attitude/mental. These require serious learning if you are a newcomer.

Many people mistakenly think that Bitcoin can provide instant profits and when the Bitcoin price falls like it is today, those people blame Bitcoin.
Even though they are mentally weak and they don't understand how Bitcoin works. I agree Bitcoin will be a good investment, if we have knowledge,
market reading skills, patience and strong mentality. If all these things are owned, to get profit from Bitcoin it is only a matter of time.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: molsewid on July 25, 2021, 05:39:15 AM

Bitcoin is the best investment during this pandemic but you still have to be aware that the price is very volatile...

Bitcoin prices change wildly every minute, don't when you see the Bitcoin price drop or sell then you immediately sell your BTC. make Bitcoin a long-term investment then you will see your investment grow many times from the year you bought it.

I would like to emphasize that the whole cryptocurrency platform is the best investment during this pandemic especially bitcoin. But to be honest there are also many altcoins that are good for investment too especially those altcoins used in an nft game which is in demand today and went moon as the nft game went on craze too. We could find a good catch token in an early state only if you know how to check the project and of course make your own research about it.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: mrjoy15 on July 25, 2021, 05:55:31 AM
we can all see Bitcoin's performance during this pandemic has increased quite significantly. So for me Bitcoin is a good investment choice in a pandemic situation like now.
Agree. When most investments are decreasing during the pandemic, Bitcoin looks to grow well. That's the reason why many players on the stocks market moved massively to crypto investment, especially to invest in Bitcoin. So, basically, there is no doubt that Bitcoin is the real solution for investment in the pandemic. But surely there is no guarantee of success or earning big money from Bitcoin. It depends on how the strategy, know a good time to buy or sell, and have a good attitude/mental. These require serious learning if you are a newcomer.

Many people mistakenly think that Bitcoin can provide instant profits and when the Bitcoin price falls like it is today, those people blame Bitcoin.
Even though they are mentally weak and they don't understand how Bitcoin works. I agree Bitcoin will be a good investment, if we have knowledge,
market reading skills, patience and strong mentality. If all these things are owned, to get profit from Bitcoin it is only a matter of time.
Normal human behavior, don't dare to change it or interfere to their decision. Let's continue think their own ways. The market is currently going through a speedy recuperation however I wouldn't call it bullish yet. A smart trader are waiting, watching and reacting to market movements. Being a decision maker in the market keep active then profit is on the way.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Victorycoin on July 25, 2021, 08:09:15 AM
It is a good decision to invest in bitcoin no matter how bad the situation bitcoin will not be affected it is a good currency for the future. Bitcoin's price is low now but a good currency to hold the first savings of investors is bitcoin in the crypto market.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Yamifoud on July 25, 2021, 02:44:15 PM
And you have said it right.
This was an opportunity for those who believe and trust crypto but for those who just remain doubtful, they will say it was the worse investment to be. Well, they have some point talking about it as it was also matters on how we manage our investment during this pandemic. In fact, many had come but only a few have succeeded but for the others, this will be their nightmare, and lose all the money they have.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: South Park on July 25, 2021, 08:31:00 PM
I have something to say to you 'Crypto' 'investment' and 'pandemic'.

In my country before the crypto/Bitcoin pandemic was not so trusted by many people, let alone investing, the pandemic happened, making all elements of the lower and upper classes find out what Crypto and Bitcoin ar.

Currently almost 80% of the community is already involved in crypto investment, not only that, local banks and our own government have issued digital currencies today that can be traded on crypto exchanges, meaning that crypto has been well received in our society.

Bottom line: a good alternative right now is to invest in Crypto for the long term.
It is great to read about these local success stories as this shows that bitcoin is not only an asset to speculate with but it is also being used by people all over the world, to me this pandemic was a test and bitcoin passed it, it had some difficulties at first but it did so perfectly and I am happy about it, after all bitcoin had not faced a world crisis and without a doubt the pandemic was one and yet despite the crash that we went through bitcoin went up in value as we speculated it could happen, as people began to understand that bitcoin is a store of value and they began to use it as such.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: nurilham on July 25, 2021, 11:48:43 PM
Generally, yes. But it depends on who the investors are. The result can be different among the investors. If you can do the right strategy in your Bitcoin investment, you can get a good result. Although many investors can gain big profits from their Bitcoins, it doesn't guarantee you to get the same result. Being a good investment or not should depend on many factors, including the strategy of the investors themselves.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Wawa2013 on July 26, 2021, 11:00:05 AM
~
Agree. When most investments are decreasing during the pandemic, Bitcoin looks to grow well. That's the reason why many players on the stocks market moved massively to crypto investment, especially to invest in Bitcoin. So, basically, there is no doubt that Bitcoin is the real solution for investment in the pandemic. But surely there is no guarantee of success or earning big money from Bitcoin. It depends on how the strategy, know a good time to buy or sell, and have a good attitude/mental. These require serious learning if you are a newcomer.
Many people mistakenly think that Bitcoin can provide instant profits and when the Bitcoin price falls like it is today, those people blame Bitcoin.
Even though they are mentally weak and they don't understand how Bitcoin works. I agree Bitcoin will be a good investment, if we have knowledge,
market reading skills, patience and strong mentality. If all these things are owned, to get profit from Bitcoin it is only a matter of time.
Normal human behavior, don't dare to change it or interfere to their decision. Let's continue think their own ways. The market is currently going through a speedy recuperation however I wouldn't call it bullish yet. A smart trader are waiting, watching and reacting to market movements. Being a decision maker in the market keep active then profit is on the way.

Bitcoin price recovery is currently fairly fast, since Bitcoin dropped to the price of $29k, not long after that the price of Bitcoin rose quite quickly.
And now Bitcoin has reached the price of $ 38k, but as long as it has not risen above the price of $ 40k it has not entered a bullish trend.
I agree that for now we really have to wait patiently for Bitcoin price movements, don't rush into making decisions. Because there is still
the possibility of Bitcoin price going down again, but I really hope for now Bitcoin can pass the price of $ 40k. To get Bitcoin back on the right track.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: zanezane on July 26, 2021, 12:57:25 PM
Generally, yes. But it depends on who the investors are. The result can be different among the investors. If you can do the right strategy in your Bitcoin investment, you can get a good result. Although many investors can gain big profits from their Bitcoins, it doesn't guarantee you to get the same result. Being a good investment or not should depend on many factors, including the strategy of the investors themselves.
That's correct, depends on the investors since the behavior of the investor is going to decide if they are going to be making money or not. Also, the guarantee of profits is what's baiting this newbie investors, they think that they will get money in their first try and then they are faced with big dips and dumps and now they're panicking and they don't know what to do and didn't expect that's what's going to happen.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: bitterguy28 on July 26, 2021, 01:07:08 PM
Generally, yes. But it depends on who the investors are. The result can be different among the investors. If you can do the right strategy in your Bitcoin investment, you can get a good result. Although many investors can gain big profits from their Bitcoins, it doesn't guarantee you to get the same result. Being a good investment or not should depend on many factors, including the strategy of the investors themselves.
That's correct, depends on the investors since the behavior of the investor is going to decide if they are going to be making money or not. Also, the guarantee of profits is what's baiting this newbie investors, they think that they will get money in their first try and then they are faced with big dips and dumps and now they're panicking and they don't know what to do and didn't expect that's what's going to happen.
Lol there is no investors that don't wanna earn money so their decision will always the same and that is Money making .

Why does need to invest if you will not seek for Income?  if this is the option then never invest because there is no sense at all.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: STT on July 26, 2021, 02:17:50 PM
Iam never comfortable to hear people say investment for what is a commodity or currency not a yielding asset.   Your trade would be speculative based on participating in a price difference for supply and demand ratio being tighter in future then it is now.
    During a pandemic we should expect a slower economy, deflation and a rise in the cost of conventional money, no this is not a good time to engage in speculative assets generally.   However government and politics eclipses conventional economies and free markets now, the currency base is being diluted which makes speculation on alternatives far more likely to appreciate near term so yes its done well so far but alot depends with ongoing FED policy.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: nurilham on July 26, 2021, 10:24:12 PM
That's correct, depends on the investors since the behavior of the investor is going to decide if they are going to be making money or not.
Is there an investor who has no intention to earn money?  ???
I don't know what you mean exactly, but I am sure all investors spend their money on an investment in order to gain profits (earning money). What for the spend time, funds, and efforts if finally, they got nothing? If an investor cannot earn money or get losses, it doesn't mean he doesn't want to take profits. But it is because he is failed to manage his investment correctly.



Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: CaVO32 on July 26, 2021, 10:27:55 PM
That's correct, depends on the investors since the behavior of the investor is going to decide if they are going to be making money or not.
Is there an investor who has no intention to earn money?  ???
I don't know what you mean exactly, but I am sure all investors spend their money on an investment in order to gain profits (earning money). What for the spend time, funds, and efforts if finally, they got nothing? If an investor cannot earn money or get losses, it doesn't mean he doesn't want to take profits. But it is because he is failed to manage his investment correctly.


Maybe what he is referring to, for example, if the investor panics and sell his portfolio even at a loss, so it is his behavior towards the market that made him lose his investments. But definitely, all investors aim for profit. I don't think anyone will aim for loss. But how he strategizes is what people differentiate from each other.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: STT on July 26, 2021, 11:02:28 PM
Some investors will not aim for a loss exactly but may find it an acceptable outcome especially while gaining in some way elsewhere.   Its usually done for tax reasons and to hedge risks taken, for example BTC is said to be an asset not main market related so Dollar typically forces the price of many things to follow its strength but BTC has grown over years hence the loss might be acceptable and reduce taxes while adding hedging into their portfolio from currency risk.

The bottom line is that because BTC has survived so long now, that continuity has a worth to it in the world that has surprised many and has ongoing value beyond just pricing as a tradable asset it may rate as more viable then normal during a pandemic especially.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Imran232 on July 27, 2021, 06:19:09 PM
Every time is good for bitcoin. But in this point we Should invest those amount what we didn’t need right now. Reason, look bitcoin is unpredictable and covid show us his power and the whole world becomes shut down. And we still don't know when this pandemic gone. Because then 2nd wave over but WHO is aware about 3rd wave. And according to them that might be more dangerous. And for us who has job which is also in dange money is badly needed for survive. Where bitcoin is a hope but because of some FUD you might in lose. And that time will be more problematic. That's why if you want then invest those amount that you can take risk. Thats my opinion about it expert can give you other and better option thank you


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: nurilham on July 27, 2021, 11:30:50 PM
Maybe what he is referring to, for example, if the investor panics and sell his portfolio even at a loss
For weak holders, they are probably easy to sell because of panic. Since they may have lack knowledge, especially about the market nature, most of them will be panic and directly sell their asset after seeing a dump on their coins.

I don't think anyone will aim for loss. But how he strategizes is what people differentiate from each other.
Sure. Each person may have a different strategy. And the success will be determined by the strategy besides other factors such as luck and maturity in managing the assets. For those who have bad mental, won't get a good result in their investment.



Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: uneng on July 28, 2021, 12:10:50 AM
By observing how bitcoin behave during this pandemic I would say yes, it's a good investment in this pandemic situation. Bitcoin has hit its ATH during this period and after a deep correction the price is already rising again (and the pandemic isn't over yet). Crypto market doesn't follow the logic of another markets, so it's not a surprise the pandemic was positive for BTC.
I risk saying it is due to the fact investors are fearful of their traditional investments, which involves fiat and the recovery of their local economies, while bitcoin becomes a safe heaven for their funds if things go wrong in their countries with an increasement in financial crisis and fast devaluation of paper money, or in other words: inflation out of control.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: 19Nov16 on July 29, 2021, 07:57:21 AM
Investing in Bitcoin is useful for any time. A little bit of savings in Bitcoin can bring a lot of good things in the future. Although the economic situation is not going well in this epidemic, we should keep in mind the issue of savings. I personally think investing in Bitcoin would be a worthwhile decision.

The key to investing in bitcoin is being patient and not panicking when price drop, as long as I buy bitcoin I never sell at a loss price, the last time was 5 days ago when I bought around 0.00775 when the price $34k and now the price is more $40k so I get profit more than 15% just in 5 dayys.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: tygeade on July 29, 2021, 06:35:19 PM
Pandemic period is hopefully getting to a close very soon, of course it will still linger around in smaller numbers but at least we are seeing a lot better death rate, even though people are getting infected we are at least seeing the daily death number a lot lower.

This is why I honestly feel like there is a good chance we could see less than 200 people die from it all around the world in the next 1 year, summers are a bit harder because we all get out and then the spread starts during that period yet we see the after affect of it during winter since it is exponential but during winters we start to drop that number, so I believe next summer the numbers will be quite low. It means that if you are going to make anything based on pandemic situation, you have to do it knowing that we are talking about something that may not be big in the next year.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Hamphser on July 29, 2021, 06:58:28 PM
Investing in Bitcoin is useful for any time. A little bit of savings in Bitcoin can bring a lot of good things in the future. Although the economic situation is not going well in this epidemic, we should keep in mind the issue of savings. I personally think investing in Bitcoin would be a worthwhile decision.

The key to investing in bitcoin is being patient and not panicking when price drop, as long as I buy bitcoin I never sell at a loss price, the last time was 5 days ago when I bought around 0.00775 when the price $34k and now the price is more $40k so I get profit more than 15% just in 5 dayys.
Youre bit lucky because it did make out some significant move not like on previous weeks where it is somewhat stagnant into its price staying up on 31-33k level which it did really moved sideways

but eventually i did able to make up some purchase or buy on that particular price and now when it did hit up 40k then it is really a sure profit.Of course when it comes to investment then you should

be prepared on what would be the possible situations that you might faced on and even on this pandemic situation then it could really be a considerable investment to make.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: molsewid on August 01, 2021, 10:43:27 AM
Pandemic period is hopefully getting to a close very soon, of course it will still linger around in smaller numbers but at least we are seeing a lot better death rate, even though people are getting infected we are at least seeing the daily death number a lot lower.

This is why I honestly feel like there is a good chance we could see less than 200 people die from it all around the world in the next 1 year, summers are a bit harder because we all get out and then the spread starts during that period yet we see the after affect of it during winter since it is exponential but during winters we start to drop that number, so I believe next summer the numbers will be quite low. It means that if you are going to make anything based on pandemic situation, you have to do it knowing that we are talking about something that may not be big in the next year.

In other country they seem to be back in normal but here in my country we are still dealing with another lockdown due to pandemic and it seems that our government ultimate response to pandemic is lockdown and I think we are far from the reality of close to overcome from the pandemic. But on the other hand I consider myself lucky because I have investment which I choose to invest in altcoin especially NFT token that can be my alternate source of income in this time where I couldn't go to work. Bitcoin is a good investment and there's no doubt about it but to make it general the cryptocurrency is now the newest trend in terms of investment.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: asrinur on August 01, 2021, 12:16:40 PM
I think bitcoin is the best investment instrument, even during the current pandemic. This is also what makes Bitcoin very difficult to misappropriate. In fact, Bitcoin is one of the instruments that is considered to be able to withstand inflation. More and more people are interested in investing in Bitcoin. So, crypto assets are one of the choices. This is evidenced by the price of bitcoin began to increase again.

However, if you want to invest in Bitcoin, you need to look at future projections regarding Bitcoin's performance. Get to know the various risks before starting to invest in digital currencies.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: King Khaizan on August 02, 2021, 05:34:57 PM
Your opinion is of course correct, since the world was hit by the corona virus outbreak, all countries have an impact on the destruction of the economy, at the time of restrictions on human movement, investing in cryptocurrencies is the best solution if we interpret it narrowly, what is clear if we want to invest more seriously, then this is the best solution. it's limitless, because cryptocurrencies certainly have an exciting future.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Maxre on August 02, 2021, 07:01:56 PM
Your opinion is of course correct, since the world was hit by the corona virus outbreak, all countries have an impact on the destruction of the economy, at the time of restrictions on human movement, investing in cryptocurrencies is the best solution if we interpret it narrowly, what is clear if we want to invest more seriously, then this is the best solution. it's limitless, because cryptocurrencies certainly have an exciting future.
Not all types of cryptocurrencies are good to invest in. Some types of cryptocurrencies will make us regret and disappointed if we choose the wrong crypto to invest in. Before investing, we should do research first. Because crypto investing has a big risk. Bitcoin and Ethereum are highly recommended cryptos for long-term investments.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: milewilda on August 02, 2021, 09:51:09 PM
Your opinion is of course correct, since the world was hit by the corona virus outbreak, all countries have an impact on the destruction of the economy, at the time of restrictions on human movement, investing in cryptocurrencies is the best solution if we interpret it narrowly, what is clear if we want to invest more seriously, then this is the best solution. it's limitless, because cryptocurrencies certainly have an exciting future.
Not all types of cryptocurrencies are good to invest in. Some types of cryptocurrencies will make us regret and disappointed if we choose the wrong crypto to invest in. Before investing, we should do research first. Because crypto investing has a big risk. Bitcoin and Ethereum are highly recommended cryptos for long-term investments.
In all coins or projects in the market then its just dumb that you would just carelessly be finding out and buying coins without having any consideration or criteria and just basically burning your money.
Is bitcoin a good investment on this pandemic situation? Wont be a guarantee but we know that its been already a decade and we have seen on how far it did go no matter what the condition
the world might be or into those situations that it had able to face from regulation to fuds or something like that.Investment decisions is something depends on persons own motive
and goals in mind when it comes to money, if he had something extra to spent then its his choice neither he would invest or save it up.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Fredomago on August 02, 2021, 10:05:41 PM

In all coins or projects in the market then its just dumb that you would just carelessly be finding out and buying coins without having any consideration or criteria and just basically burning your money.
Is bitcoin a good investment on this pandemic situation? Wont be a guarantee but we know that its been already a decade and we have seen on how far it did go no matter what the condition
the world might be or into those situations that it had able to face from regulation to fuds or something like that.Investment decisions is something depends on persons own motive
and goals in mind when it comes to money, if he had something extra to spent then its his choice neither he would invest or save it up.

Not a guarantee as there's none when you are into this type of business, investment or if you are planning to work with trading Bitcoin can fit both long and short-term as long as you have the right knowledge and you are aware of every possible risk that also includes to this ventures you can go ahead and take your step inside this investment.

All it take is a good mindset which open to every possibilities, pandemic really hurt every people in their financial state. But if you are keen you can use this asset to earn while the virus still present.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Shasha80 on August 02, 2021, 10:26:04 PM
I think bitcoin is the best investment instrument, even during the current pandemic. This is also what makes Bitcoin very difficult to misappropriate. In fact, Bitcoin is one of the instruments that is considered to be able to withstand inflation. More and more people are interested in investing in Bitcoin. So, crypto assets are one of the choices. This is evidenced by the price of bitcoin began to increase again.

However, if you want to invest in Bitcoin, you need to look at future projections regarding Bitcoin's performance. Get to know the various risks before starting to invest in digital currencies.

Before the pandemic came Bitcoin was already a good investment, because it can generate profits if we understand how Bitcoin works. Especially
in a pandemic situation like now, where the government continues to print money, it will cause hyper inflation in the near future. Making Bitcoin
the best choice to save our wealth from inflation, because Bitcoin is not affected by inflation. This has begun to be realized by many institutions,
therefore this year several institutions have begun to invest long-term in Bitcoin. In the end, more and more people decide to invest in Bitcoin,
but I agree before we decide to invest in Bitcoin. It's better to learn everything about the crypto world, so don't just think about the profit that
will be generated, but knowing the risks that will be faced if investing in Bitcoin.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: imstillthebest on August 03, 2021, 10:27:49 AM
for some people maybe in this pandemic bitcoin can be one of the best investments.
yes because there are still people that are skeptical with bitcoin .
pandemic situation makes people hold their money more tighter and they are afraid to put it in investments that they are not sure of but for the people that already have an idea of how btc works ,
they dont think twice anymore because they know that btc can save them in difficult situations like the covid pandemic .


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Sir Legend on August 04, 2021, 02:47:55 PM
for some people maybe in this pandemic bitcoin can be one of the best investments.
yes because there are still people that are skeptical with bitcoin .
pandemic situation makes people hold their money more tighter and they are afraid to put it in investments that they are not sure of but for the people that already have an idea of how btc works ,
they dont think twice anymore because they know that btc can save them in difficult situations like the covid pandemic .

Bitcoin and crypto is the best and most profitable investment during the pandemic, I'm happy because I have crypto around $1200 at the end of 2019 or before the pandemic, because I hold and be patient the value is now more than $3780 or increased by more than 300%, I'm sure the same thing happened to all crypto owners.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: roosbit on August 04, 2021, 03:56:32 PM
I really don't want to underline the pandemic to be the reason for your investment but take investing in bitcoin like investing in it like doing it on Christmas or st Patrick's day..it really doesn't matter.
But if we had to make the pandemic as a reason, with time most of us will learn to use less of fiat in its physical form and will opt to use cashless options like cryptocurrencies, so yeah it's a good idea to invest in bitcoin now .


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: MiF on August 05, 2021, 05:04:36 AM
Crypto currency is one of the best investment platform in whole world. Where bitcoin is more profitable and secure investment which we have already proven. So in this pendamic situation those who wants to hold an asset that's resistant to inflation may find investing in bitcoin will be a good idea. Because Where the central banks of any country have the permission to print infinite amount of fiat currencies on the other hand the quantity of bitcoin is fixed in number and limited by its supply capped at 21 million. I think demand is more than supply is applies for bitcoin so in this pendamic situation bitcoin will be a good investment.
Bitcoin is always a good investment not only in this pandemic situation but also during the dip last 2018. If we have a big capital or if you are a financially free person I suggest to invest in Bitcoin than any other coins in crypto. Because Bitcoin is already proven as a good investment for long term. Can you imagine how big the profit you can possibly earn if you buy Bitcoin during the dip on 2018. Bitcoin is not a joke if I have the money as capital I will buy more Bitcoin even if there is a pandemic.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: mrjoy15 on August 05, 2021, 05:33:23 AM
Crypto currency is one of the best investment platform in whole world. Where bitcoin is more profitable and secure investment which we have already proven. So in this pendamic situation those who wants to hold an asset that's resistant to inflation may find investing in bitcoin will be a good idea. Because Where the central banks of any country have the permission to print infinite amount of fiat currencies on the other hand the quantity of bitcoin is fixed in number and limited by its supply capped at 21 million. I think demand is more than supply is applies for bitcoin so in this pendamic situation bitcoin will be a good investment.
Bitcoin is always a good investment not only in this pandemic situation but also during the dip last 2018. If we have a big capital or if you are a financially free person I suggest to invest in Bitcoin than any other coins in crypto. Because Bitcoin is already proven as a good investment for long term. Can you imagine how big the profit you can possibly earn if you buy Bitcoin during the dip on 2018. Bitcoin is not a joke if I have the money as capital I will buy more Bitcoin even if there is a pandemic.
Through your lazy money into Bitcoin and forget about it. Institutions are continuously make investment on bitcoin, and they determined to continue buying BTC more. You should not worry throwing your money into it. I know it's hard to go long since Bitcoin volatility is not for the faint of heart but gold hands all the way up.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: inanilujimi on August 05, 2021, 06:39:37 AM
For me bitcoin is the best investment not only during a pandemic but for a very long time bitcoin is the best investment ever.
bitcoin has been around for more than 10 years and has a very high ROI almost every year.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Avantikakaur on August 05, 2021, 08:13:59 AM
The crypto market is always in the best position to invest in bitcoin the market for bitcoin has been around for so long as long as bitcoin has a position in the crypto market, no epidemic can do any harm. Whatever the economic situation of the country bitcoin will maintain its position. The crypto market is becoming more popular as the number of investments increases basically bitcoin shows its game every 2/3 years.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: asrinur on August 06, 2021, 01:41:17 PM
I think bitcoin is the best investment instrument, even during the current pandemic. This is also what makes Bitcoin very difficult to misappropriate. In fact, Bitcoin is one of the instruments that is considered to be able to withstand inflation. More and more people are interested in investing in Bitcoin. So, crypto assets are one of the choices. This is evidenced by the price of bitcoin began to increase again.

However, if you want to invest in Bitcoin, you need to look at future projections regarding Bitcoin's performance. Get to know the various risks before starting to invest in digital currencies.

Before the pandemic came Bitcoin was already a good investment, because it can generate profits if we understand how Bitcoin works. Especially
in a pandemic situation like now, where the government continues to print money, it will cause hyper inflation in the near future. Making Bitcoin
the best choice to save our wealth from inflation, because Bitcoin is not affected by inflation. This has begun to be realized by many institutions,
therefore this year several institutions have begun to invest long-term in Bitcoin. In the end, more and more people decide to invest in Bitcoin,
but I agree before we decide to invest in Bitcoin. It's better to learn everything about the crypto world, so don't just think about the profit that
will be generated, but knowing the risks that will be faced if investing in Bitcoin.
Indeed bitcoin was already a good investment before the pandemic came. but when the pandemic situation comes the interest in crypto is increasing. We can see this from the rapid movement of bitcoin and altcoin prices, even the bitcoin price has set a record high in the midst of the pandemic situation that is still engulfing us.
Thus, crypto investment in the midst of a pandemic is chosen by the public because they see investment opportunities in other sectors are so sluggish. Crypto was chosen because it has proven to be a safe haven asset and is more liquid. So people start thinking about new investments with fast returns. One of them is by trading crypto assets.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: asrinur on August 07, 2021, 08:55:42 AM
Investing in Bitcoin is useful for any time. A little bit of savings in Bitcoin can bring a lot of good things in the future. Although the economic situation is not going well in this epidemic, we should keep in mind the issue of savings. I personally think investing in Bitcoin would be a worthwhile decision.
Indeed, Bitcoin is the best investment that is not affected by government policies and global policies such as during the pandemic directly. Because what affects the price of bitcoin is only supply and demand where the supply is very limited. However, during this pandemic, financial discipline is becoming increasingly important and challenging due to limited mobility and increased uncertainty.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: fullhdpixel on August 07, 2021, 07:08:19 PM
Bitcoin is the best investment that is not affected by government policies and global policies such as during the pandemic directly. Because what affects the price of bitcoin is only supply and demand where the supply is very limited.
I'm not ready to agree that bitcoin is not influenced by government policies and global economic situations but fortunately the supply and demand mechanism of bitcoin is overcoming all impacts of those policies which must be the core reason why bitcoin is appreciating on its own rather than depending on policies all around.

Definitely bitcoin must be the very good option for investment in this pandemic times but bitcoin is still remaining highly volatile one hence investors must need to consider that before investing in larger scale.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: chikading2016 on August 08, 2021, 02:22:17 AM
Bitcoin is a good investment but it depends on your exist funds. We cannot really deny that we are all having a hard time finding a job or money for financial we also need funds this time to buy important things because of pandemic most of us is shorten in terms or funds. But if we have funds we can still invest in btc just an amount that we can afford to loss if ever we loss.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: asrinur on August 08, 2021, 04:42:13 PM
Bitcoin is a good investment but it depends on your exist funds. We cannot really deny that we are all having a hard time finding a job or money for financial we also need funds this time to buy important things because of pandemic most of us is shorten in terms or funds. But if we have funds we can still invest in btc just an amount that we can afford to loss if ever we loss.
While they may look tempting, crypto assets are not without their drawbacks. Its significant volatility makes investing in crypto assets to be considered carefully. Especially if you plan to trade, not just invest. So it's important for a beginner to really study bitcoin trading in depth in order to minimize losses.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Baihaki Khaizan on August 14, 2021, 10:00:04 AM
The corona virus pandemic has made many investors move their investments to bitcoin and other cryptocurrencies, because the price of bitcoin actually increases during the pandemic, where the prices of other investment commodities are exposed or fall due to the impact of covid-19. People certainly choose the right investment in securing their money.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Snappycoco on August 14, 2021, 02:34:54 PM
Crypto currency is one of the best investment platform in whole world. Where bitcoin is more profitable and secure investment which we have already proven. So in this pendamic situation those who wants to hold an asset that's resistant to inflation may find investing in bitcoin will be a good idea. Because Where the central banks of any country have the permission to print infinite amount of fiat currencies on the other hand the quantity of bitcoin is fixed in number and limited by its supply capped at 21 million. I think demand is more than supply is applies for bitcoin so in this pendamic situation bitcoin will be a good investment.
It is. COVID-19 surely helps a lot in terms of popularity of Bitcoin to become mainstream which eventually hit an all time high of nearly $65K. In this pandemic, the realization of the people in terms of utility and use of electronic money is quite immerse that it overwhelms the supply. In my own opinion, it is really wise to have atleast 1 Bitcoin in our portfolio and accumulate more and more no matter what the price is. It is a digital gold that would forever appreciate in price.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: xSkylarx on August 14, 2021, 02:39:41 PM
Bitcoin is a good investment but it depends on your exist funds. We cannot really deny that we are all having a hard time finding a job or money for financial we also need funds this time to buy important things because of pandemic most of us is shorten in terms or funds. But if we have funds we can still invest in btc just an amount that we can afford to loss if ever we loss.
While they may look tempting, crypto assets are not without their drawbacks. Its significant volatility makes investing in crypto assets to be considered carefully. Especially if you plan to trade, not just invest. So it's important for a beginner to really study bitcoin trading in depth in order to minimize losses.

Crypto investment is like a roller coaster, I suggest to have more/enough money before enter crypto investment, because most investors put all their money and when they see the price drop 10% in a day then panic and sell with loss.
I agree on that, crypto is what we called an unstable investment with unstable profit or if possible we can also loss on it, so before engaging on crypto investing process we need to be sure that we have enough funds to invest into it, something like we are financially free before investing.

agree that whether there is a pandemic or not, it is still risky to invest in crypto because it is very volatile; it just depends on the person who is taking the risk, which is why those investors say that invest what you can afford to lose because we don't know what will happen with our investments money, it is not guaranteed to be returned to you, but risking it will also get you a reward Almost everything has a risk, and it is up to you to take it.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: elisabetheva on August 17, 2021, 08:58:18 AM
For me bitcoin is the best investment not only during a pandemic but for a very long time bitcoin is the best investment ever.
bitcoin has been around for more than 10 years and has a very high ROI almost every year.
I don't think there is a direct relationship between the pandemic and bitcoin, because it's clearly different. if the pandemic will not make many people will join crypto because it takes time and funds that cannot be instantaneous.

but I agree with you that bitcoin is the best investment to date, whenever you buy it then if you keep it you can be sure the price you will get is greater than when you bought it. because the increase will occur when the halving occurs every 4 years and that can be ascertained.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: BobK71 on August 18, 2021, 04:12:49 AM
The pandemic has affected every financial institution all over the world. Where crypto currency is the only market place who treated as green  signal in pandemic. The recent cryptocurrency market crash should be seen as a temporary price correction. Bitcoin is a store of value and should be treated as an asset class with a long-term forecast on gains. Price corrections are a part and parcel of every asset class. Bitcoin - the most popular cryptocurrency, has become a highly valued asset of 2020. Take a close look at the historical prices of Bitcoin; you will see that it has tremendously outperformed itself in value by rising over 500% in six months. Other altcoins have also performed well. So definitely it would be a good investment.



Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: bots1 on August 18, 2021, 10:30:05 AM
In the midst of the current pandemic situation, this is the right moment to invest in cryptocurrency or bitcoin. Bitcoin investment has the potential to gain profits in the midst of the current pandemic conditions. This is evidenced by the price of bitcoin and other crypto assets starting to increase again. The coronavirus (covid-19) pandemic did not have a direct impact on the decline in bitcoin prices. The reason for the drop in prices was simply a sell-off from a group of people who needed cash to shop and save their businesses due to the pandemic.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: lizarder on August 18, 2021, 10:35:19 AM
Crypto currency is one of the best investment platform in whole world. Where bitcoin is more profitable and secure investment which we have already proven. So in this pendamic situation those who wants to hold an asset that's resistant to inflation may find investing in bitcoin will be a good idea. Because Where the central banks of any country have the permission to print infinite amount of fiat currencies on the other hand the quantity of bitcoin is fixed in number and limited by its supply capped at 21 million. I think demand is more than supply is applies for bitcoin so in this pendamic situation bitcoin will be a good investment.

Currently digital money (Bitcoin) is more promising in investing, compared to fiat currencies. This condition greatly affects the value of inflation if you use investments using fiat currency, imagine this happening almost all over the world, then how is the continuity of investment with fiat currencies.

Unlike Bitcoin, this can actually be controlled well by anyone, there is no term massive inflation that will occur, if bitcoin is everyone's reference in investing, that's why almost all countries have started creating their own digital money.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Dhaniii on August 18, 2021, 11:57:06 AM
In the midst of the current pandemic situation, this is the right moment to invest in cryptocurrency or bitcoin. Bitcoin investment has the potential to gain profits in the midst of the current pandemic conditions. This is evidenced by the price of bitcoin and other crypto assets starting to increase again. The coronavirus (covid-19) pandemic did not have a direct impact on the decline in bitcoin prices. The reason for the drop in prices was simply a sell-off from a group of people who needed cash to shop and save their businesses due to the pandemic.
at times like this investing is not too rushed because it is up to one's decision whether they invest or not because this will depend on one's financial ability. A person's success will largely depend on how dedicated you are to your life goals. The pandemic situation is not a big obstacle for some people but for those who have enough money or enough to make money then this will really be a big problem for them but if you can really see few chances then you will really find a way out.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: mumang siat on August 18, 2021, 12:22:18 PM
Crypto currency is one of the best investment platform in whole world. Where bitcoin is more profitable and secure investment which we have already proven. So in this pendamic situation those who wants to hold an asset that's resistant to inflation may find investing in bitcoin will be a good idea. Because Where the central banks of any country have the permission to print infinite amount of fiat currencies on the other hand the quantity of bitcoin is fixed in number and limited by its supply capped at 21 million. I think demand is more than supply is applies for bitcoin so in this pendamic situation bitcoin will be a good investment.

In the current pandemic conditions, crypto is the best solution for investing, especially if we invest using bitcoin, the pandemic conditions do not have a big impact on bitcoin, because bitcoin's stability can survive in such conditions.

In contrast to investing using fiat money, this is very influential with the current pandemic conditions, fiat money usually experiences a recession against an ongoing disaster or pandemic, that's why bitcoin is safer than investing in fiat currency.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Kelvinid on August 18, 2021, 02:08:25 PM
Crypto currency is one of the best investment platform in whole world. Where bitcoin is more profitable and secure investment which we have already proven. So in this pendamic situation those who wants to hold an asset that's resistant to inflation may find investing in bitcoin will be a good idea. Because Where the central banks of any country have the permission to print infinite amount of fiat currencies on the other hand the quantity of bitcoin is fixed in number and limited by its supply capped at 21 million. I think demand is more than supply is applies for bitcoin so in this pendamic situation bitcoin will be a good investment.

In the current pandemic conditions, crypto is the best solution for investing, especially if we invest using bitcoin, the pandemic conditions do not have a big impact on bitcoin, because bitcoin's stability can survive in such conditions.

In contrast to investing using fiat money, this is very influential with the current pandemic conditions, fiat money usually experiences a recession against an ongoing disaster or pandemic, that's why bitcoin is safer than investing in fiat currency.
If we have some spare money and wanted to have an investment, it was best to choose Bitcoin. But of course, we also have to consider who we are like if we are an emotional person or not a risk taker, this is not suitable for you. I'll go for having a local business, instead.

However, we have to consider the current situation that some brought big losses to local businesses. Some companies are shut down, most offline transactions have been down so maybe it was time to divert our minds and to adopt the new environment where online investment was meant so well.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: marine4u on August 18, 2021, 10:03:12 PM
Bitcoin before the pandemic was also a good investment, it is not only compatible with this mess.  Bitcoin has an influence on the entire economy, politics, society, finance..., Covid 19 only makes us realize how degenerate Fiat is and how much risk from the bank is how serious.  Bitcoin is becoming more and more important, store of value, trillion assets, digital gold…etc as all have proven investing in bitcoin is the ultimate safety and perfect for tapping endless potential  about profit


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: dunfida on August 18, 2021, 10:16:32 PM
Bitcoin before the pandemic was also a good investment, it is not only compatible with this mess.  Bitcoin has an influence on the entire economy, politics, society, finance..., Covid 19 only makes us realize how degenerate Fiat is and how much risk from the bank is how serious.  Bitcoin is becoming more and more important, store of value, trillion assets, digital gold…etc as all have proven investing in bitcoin is the ultimate safety and perfect for tapping endless potential  about profit
Bitcoin investment doesnt really require on what situation we might be facing on because not all people would really be having that money to spend or money to invest before or after the pandemic.

When you do have money to spare on bitcoin investment then go ahead but if the money you do have is only just good for surviving your daily living then its not really ideal to make any investment.

Its up to someones risk management if he would take a step ahead or would just simply standby and would prioritize things first on whats important.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: rahmatrf331 on August 19, 2021, 07:06:55 AM
Bitcoin before the pandemic was also a good investment, it is not only compatible with this mess.  Bitcoin has an influence on the entire economy, politics, society, finance..., Covid 19 only makes us realize how degenerate Fiat is and how much risk from the bank is how serious.  Bitcoin is becoming more and more important, store of value, trillion assets, digital gold…etc as all have proven investing in bitcoin is the ultimate safety and perfect for tapping endless potential  about profit
investing in bitcoin before and during the pandemic was actually very good. especially in a smart condition where we are prohibited from doing outside activities and cannot work outside optimally, then this investment is a good recommendation to overcome the gap in life. you can manage finances and increase profits from investing so that your finances can be controlled during the pandemic.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: mumang siat on August 19, 2021, 08:23:02 AM
Crypto currency is one of the best investment platform in whole world. Where bitcoin is more profitable and secure investment which we have already proven. So in this pendamic situation those who wants to hold an asset that's resistant to inflation may find investing in bitcoin will be a good idea. Because Where the central banks of any country have the permission to print infinite amount of fiat currencies on the other hand the quantity of bitcoin is fixed in number and limited by its supply capped at 21 million. I think demand is more than supply is applies for bitcoin so in this pendamic situation bitcoin will be a good investment.

In the current pandemic conditions, crypto is the best solution for investing, especially if we invest using bitcoin, the pandemic conditions do not have a big impact on bitcoin, because bitcoin's stability can survive in such conditions.

In contrast to investing using fiat money, this is very influential with the current pandemic conditions, fiat money usually experiences a recession against an ongoing disaster or pandemic, that's why bitcoin is safer than investing in fiat currency.
If we have some spare money and wanted to have an investment, it was best to choose Bitcoin. But of course, we also have to consider who we are like if we are an emotional person or not a risk taker, this is not suitable for you. I'll go for having a local business, instead.

However, we have to consider the current situation that some brought big losses to local businesses. Some companies are shut down, most offline transactions have been down so maybe it was time to divert our minds and to adopt the new environment where online investment was meant so well.
Almost everyone with finances is more likely to choose to invest in bitcoin, rather than take the risk of investing in altcoins, but not everyone with money thinks that way.

Today we need to know the level of our ability to invest, whether we can afford bitcoin or altcoin, after that we just need to do a study to make a choice, especially if our condition is unstable and emotional, this will not be suitable for investing in bitcoin.

The situation of local business losses, offline transactions stopped, this needs to be considered at this time, that all forms of investment have their respective levels of risk, so there must be other options in investing, so that the investment can produce perfect value.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: awakpane on August 19, 2021, 09:32:44 AM
The pandemic period seems to be the right time to invest in crypto assets. While stocks and global markets are experiencing a slowdown due to COVID-19, cryptocurrencies are experiencing a significant price spike. Bitcoin price soared. The rise in the price of bitcoin this time is very fast. Even the price of Bitcoin has reached $64k. I am sure that number will continue to increase.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: OrangeII on August 19, 2021, 09:35:22 AM
Bitcoin before the pandemic was also a good investment, it is not only compatible with this mess.  Bitcoin has an influence on the entire economy, politics, society, finance..., Covid 19 only makes us realize how degenerate Fiat is and how much risk from the bank is how serious.  Bitcoin is becoming more and more important, store of value, trillion assets, digital gold…etc as all have proven investing in bitcoin is the ultimate safety and perfect for tapping endless potential  about profit
yes, before or after the pandemic, bitcoin is still a good investment right now. in fact, among the many industries and places of investment that cannot survive in these conditions, bitcoin is even growing, and has a high price.

besides, during the pandemic, many investors started targeting bitcoin as their place of investment, and it didn't disappoint them. one of the pretty good articles I read, and even from the conclusion it also said that bitcoin didn't disappoint them.

Source : https://www.europeanbusinessreview.com/covid-19-pandemic-and-bitcoins-growth-in-the-crypto-industry/

that means, I think, whatever the circumstances, bitcoin has been a very good investment, even in the worst of circumstances.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: TimeTeller on August 19, 2021, 11:13:02 PM
Bitcoin before the pandemic was also a good investment, it is not only compatible with this mess.  Bitcoin has an influence on the entire economy, politics, society, finance..., Covid 19 only makes us realize how degenerate Fiat is and how much risk from the bank is how serious.  Bitcoin is becoming more and more important, store of value, trillion assets, digital gold…etc as all have proven investing in bitcoin is the ultimate safety and perfect for tapping endless potential  about profit
yes, before or after the pandemic, bitcoin is still a good investment right now. in fact, among the many industries and places of investment that cannot survive in these conditions, bitcoin is even growing, and has a high price.

besides, during the pandemic, many investors started targeting bitcoin as their place of investment, and it didn't disappoint them. one of the pretty good articles I read, and even from the conclusion it also said that bitcoin didn't disappoint them.

Source : https://www.europeanbusinessreview.com/covid-19-pandemic-and-bitcoins-growth-in-the-crypto-industry/

that means, I think, whatever the circumstances, bitcoin has been a very good investment, even in the worst of circumstances.

It turns out, that this pandemic is a blessing in disguise for crypto market.
The adoption is continuously increasing day by day, especially that merchants are now looking for alternatives in payment method.
A lot are already going digital and crypto payment is one good option that they can integrate with.
So for me, the future in crypto is somewhat bright, so it will be good to get in, in this market.
But one should know what he's getting into before thinking of spending money in crypto.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: coin-investor on August 25, 2021, 10:08:48 PM
It's a good investment when a pandemic just starting out but unfortunately only a few invested when the market crash, there are so many FUDS back then and we have seen how the market rose from a few months after the pandemic, when after the collapse of the other markets they move to the Cryptocurrency and from there the market recovers and made those risk-takers huge profits.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: darkangelosme on August 27, 2021, 04:26:47 AM
Crypto currency is one of the best investment platform in whole world. Where bitcoin is more profitable and secure investment which we have already proven. So in this pendamic situation those who wants to hold an asset that's resistant to inflation may find investing in bitcoin will be a good idea. Because Where the central banks of any country have the permission to print infinite amount of fiat currencies on the other hand the quantity of bitcoin is fixed in number and limited by its supply capped at 21 million. I think demand is more than supply is applies for bitcoin so in this pendamic situation bitcoin will be a good investment.
Yes indeed Bitcoin is a good investment for long term, much more if there are pandemic like what is happening right now cause there will be panic selling of crypto  ;D and you must see that as an opportunity to gain some profit in the near or far future.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: bitbunnny on August 27, 2021, 08:10:41 AM
I think that pandemic is just one of triggers that helped to change people's view on cryptocurrency in general, not just Bitcoin. People are more aware that alternatives are necessary and that Bitcoin is one of them and something good to invest in. Also, I think that this trend will continue and that slowly but certainly Bitcoin will become quite usual for many people who will change their opinion about it.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Yamifoud on August 29, 2021, 10:50:55 PM
all who are familiar with crypto no one doubts investing in bitcoin in my opinion so and it is very appropriate, a promising investment in the future. right now the price of bitcoin is very high, but many people and I also believe that you will still benefit if you invest in bitcoin. those who are patient in investing are the winners, that is the key to getting profits in investing and that has been very proven when the bear market comes, don't panic because after the bear market the bull market will definitely come back.
And most of these people will just about to vanish or even quit once they got lost their investment.
As for me, investing is not just for the time that the market price is high, but we have to look at the possible rewards in the next few years was it possible that Bitcoin price will increase more $100k, $200k.
That is how it thinks that some rich people are hoarding Bitcoin during the bear season as they got this idea and look, they are getting richer. So, this is probably a good investment for those who can afford  and for those who are also willing to take risk.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Vaskiy on August 30, 2021, 12:14:03 AM
all who are familiar with crypto no one doubts investing in bitcoin in my opinion so and it is very appropriate, a promising investment in the future. right now the price of bitcoin is very high, but many people and I also believe that you will still benefit if you invest in bitcoin. those who are patient in investing are the winners, that is the key to getting profits in investing and that has been very proven when the bear market comes, don't panic because after the bear market the bull market will definitely come back.
And most of these people will just about to vanish or even quit once they got lost their investment.
As for me, investing is not just for the time that the market price is high, but we have to look at the possible rewards in the next few years was it possible that Bitcoin price will increase more $100k, $200k.
That is how it thinks that some rich people are hoarding Bitcoin during the bear season as they got this idea and look, they are getting richer. So, this is probably a good investment for those who can afford  and for those who are also willing to take risk.
Investment is all about the return in the next few years time. Whenever an user experience loss, it gives them the understanding about the risk. Here very few take it on the positive note and continue to invest and succeed. Majority believe it as a high risk market and never realise the mistake done by them causing loss.

Rich invest the excess amount from their living needs whereas the common man is supposed to risk from his living needs. This is why rich has the ability to hold unlike the market whereas the common man can't.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: lienfaye on August 30, 2021, 02:26:49 AM
From year to year, bitcoin has been growing in value to date. We already know the initial price when bitcoin was first born, and compare it to today's price. That's already very profitable, if you don't sell your bitcoin possession in the year before. So bitcoin is indeed the best investment that can make a person's economy better. Especially in pandemic times like now, real-world jobs have been reduced.
The price history of bitcoin has showed us that from scratch, bitcoin turn to one of the profitable investment nowadays although we cant take away the risk. Its not suited for investors who dont have patience and cant wait longer to see the outcome of their investment, since we know it might take a long period before the price continuously increase, plus correction is inevitable as well.

Regardless of the current situation we have, what matter is you're willing to take risk and prepared for worse case scenario if you decided to engage yourselves in crypto. Its a roller coaster ride and those who are able to bear it are the ones who can gain from their investment.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Fredomago on August 30, 2021, 07:26:04 AM
From year to year, bitcoin has been growing in value to date. We already know the initial price when bitcoin was first born, and compare it to today's price. That's already very profitable, if you don't sell your bitcoin possession in the year before. So bitcoin is indeed the best investment that can make a person's economy better. Especially in pandemic times like now, real-world jobs have been reduced.
The price history of bitcoin has showed us that from scratch, bitcoin turn to one of the profitable investment nowadays although we cant take away the risk. Its not suited for investors who dont have patience and cant wait longer to see the outcome of their investment, since we know it might take a long period before the price continuously increase, plus correction is inevitable as well.

Regardless of the current situation we have, what matter is you're willing to take risk and prepared for worse case scenario if you decided to engage yourselves in crypto. Its a roller coaster ride and those who are able to bear it are the ones who can gain from their investment.
Not fit with people who can't handle the risk, not for those who are intend is to get rich in an instant but suitable for people who have a huge amount of patience for.

More on deeper knowledge and right understanding, before you jump to any conclusions, make sure to yourself that you have this capability. Avoid listening or following what you heard or read, but do your diligence to always do your DYOR.

Bitcoin is a good investment not only in this pandemic season but more on any time table as long as you know what you are doing.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: MusaMohamed on September 03, 2021, 06:27:37 AM
The price history of bitcoin has showed us that from scratch, bitcoin turn to one of the profitable investment nowadays although we cant take away the risk. Its not suited for investors who dont have patience and cant wait longer to see the outcome of their investment, since we know it might take a long period before the price continuously increase, plus correction is inevitable as well.
Bitcoin is a good asset not only in the pandemic but in all years from now till next 4 or 5 halvings. I can imagine how the world will use Blockchain and Bitcoin more in next 16 to 20 years.

Quote
Regardless of the current situation we have, what matter is you're willing to take risk and prepared for worse case scenario if you decided to engage yourselves in crypto. Its a roller coaster ride and those who are able to bear it are the ones who can gain from their investment.
Bitcoin needs 3 halvings to help people understand its scarcity and how the market cycle looks like. It rolls slowly from 2009 to 2021 and the pandemic, QEs from governments help it more.

I believe if the world does have a pandemic, Bitcoin will still follow the Stock to flow model that speculate the price more than $100,000. 


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: asrinur on September 05, 2021, 04:06:35 AM
I really don't want to underline the pandemic to be the reason for your investment but take investing in bitcoin like investing in it like doing it on Christmas or st Patrick's day..it really doesn't matter.
But if we had to make the pandemic as a reason, with time most of us will learn to use less of fiat in its physical form and will opt to use cashless options like cryptocurrencies, so yeah it's a good idea to invest in bitcoin now .
I think, because the price of bitcoin actually increases during the pandemic, where the prices of other investment commodities are exposed or fall due to the impact of covid-19. People certainly choose the right investment in securing their money. The Covid-19 outbreak that attacked various sectors, especially the economy, turned out to have its own influence on Bitcoin's performance. Therefore, it is not surprising that many people are increasingly interested in investing in Bitcoin


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Ultegra134 on September 05, 2021, 04:23:02 AM
Not sure if Bitcoin was a good investment in the pandemic, however, I had plenty of time through this whole situation which was favorable with cryptocurrency in general. It was definitely a decent opportunity to take advantage of the extra time and out it towards Digital currencies in general, not just Bitcoin.

I conducted several investments throughout the pandemic, but it doesn't necessarily have to confine Bitcoin only.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: geegaw on September 05, 2021, 03:08:22 PM
I really don't want to underline the pandemic to be the reason for your investment but take investing in bitcoin like investing in it like doing it on Christmas or st Patrick's day..it really doesn't matter.
But if we had to make the pandemic as a reason, with time most of us will learn to use less of fiat in its physical form and will opt to use cashless options like cryptocurrencies, so yeah it's a good idea to invest in bitcoin now .
I think, because the price of bitcoin actually increases during the pandemic, where the prices of other investment commodities are exposed or fall due to the impact of covid-19. People certainly choose the right investment in securing their money. The Covid-19 outbreak that attacked various sectors, especially the economy, turned out to have its own influence on Bitcoin's performance. Therefore, it is not surprising that many people are increasingly interested in investing in Bitcoin
Facilities as well as close working conditions between people, conveying messages to the opposite party to create results, it is a prerequisite for stabilizing the performance of other investments but this deadly disease has destroyed the solidarity and basic transmission, bitcoin is more flexible at the point of contact that can be at great distances and online, bilateral does not need too much face-to-face, sometimes anonymous to work and there are third services to support. The disorder of the situation exposes the weaknesses and enhances the character of bitcoin but hardly implies that bitcoin is one of the good investments


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: macson on September 05, 2021, 03:30:39 PM
Crypto currency is one of the best investment platform in whole world. Where bitcoin is more profitable and secure investment which we have already proven. So in this pendamic situation those who wants to hold an asset that's resistant to inflation may find investing in bitcoin will be a good idea. Because Where the central banks of any country have the permission to print infinite amount of fiat currencies on the other hand the quantity of bitcoin is fixed in number and limited by its supply capped at 21 million. I think demand is more than supply is applies for bitcoin so in this pendamic situation bitcoin will be a good investment.
There's no denying that Bitcoin is the best investment during this pandemic.  we can see for ourselves in the market, that of all existing investment instruments (property, gold, stocks) only bitcoin has had a high and fast rise since this pandemic emerged.  i one hundred percent agree that bitcoin is the best investment in this pandemic time.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Raflesia on September 05, 2021, 07:43:43 PM
Not sure if Bitcoin was a good investment in the pandemic, however, I had plenty of time through this whole situation which was favorable with cryptocurrency in general. It was definitely a decent opportunity to take advantage of the extra time and out it towards Digital currencies in general, not just Bitcoin.

I conducted several investments throughout the pandemic, but it doesn't necessarily have to confine Bitcoin only.
During the pandemic bitcoin has experienced a sufficient increase, it can even create a trend period long enough so that this can keep the price of bitcoin up to now.
I always take advantage of every opportunity that exists even during the pandemic, of course I have invested a lot not only in bitcoin but other cryptocurrencies, therefore the value of digital currencies nailed drastically as long as they were within limits.

But I believe during the bulls throughout this pandemic there have been many investors who have made a lot of profit and some have even held it for a long time, so they still believe it is quite worth investing in during the pandemic.
For me this is not affected by this outbreak.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Hamphser on September 05, 2021, 07:57:43 PM
Not sure if Bitcoin was a good investment in the pandemic, however, I had plenty of time through this whole situation which was favorable with cryptocurrency in general. It was definitely a decent opportunity to take advantage of the extra time and out it towards Digital currencies in general, not just Bitcoin.

I conducted several investments throughout the pandemic, but it doesn't necessarily have to confine Bitcoin only.
During the pandemic bitcoin has experienced a sufficient increase, it can even create a trend period long enough so that this can keep the price of bitcoin up to now.
I always take advantage of every opportunity that exists even during the pandemic, of course I have invested a lot not only in bitcoin but other cryptocurrencies, therefore the value of digital currencies nailed drastically as long as they were within limits.

But I believe during the bulls throughout this pandemic there have been many investors who have made a lot of profit and some have even held it for a long time, so they still believe it is quite worth investing in during the pandemic.
For me this is not affected by this outbreak.
Not that really fan on correlated outside situation or events into this world with crypto market on which most people been anticipate that it surely does but it doesnt really connect out and
that rise up in price doesnt precisely mean that the current pandemic is the main reason.

When asking out if bitcoin is a good investment? It doesnt matter if what situation we are in because if we do recall out on how well or far it goes for a decades time then
we wont really be having those doubts

but of course only invest on the amount that you could afford to lose as always.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: StreakW on September 12, 2021, 08:03:48 AM
The pandemic period seems to be the right time to invest in crypto assets. While stocks and global markets are experiencing a slowdown due to COVID-19, cryptocurrencies are experiencing a significant price spike. Bitcoin price soared. The rise in the price of bitcoin this time is very fast. Even the price of Bitcoin has reached $64k. I am sure that number will continue to increase.
Right. Bitcoin has proven its position is not shaken by the global crisis when the pandemic occurs, in fact the price has actually increased. Although the increase in bitcoin occurs gradually and there will be times when the market will be saturated and investors are profit taking. However, this will not last long and the price of bitcoin will rise again.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: BobK71 on September 14, 2021, 04:57:13 PM
Investing in digital currency or bitcoin is very much profitable. Bitcoin is eligible to adopt every where in the world. it is also the consciousness of modern man. People of the present age want the opportunity of free transactions which can be fulfilled 100% by bitcoin. So I think the demand for bitcoin will increase day by day.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: carlfebz2 on September 14, 2021, 11:40:53 PM
The pandemic period seems to be the right time to invest in crypto assets. While stocks and global markets are experiencing a slowdown due to COVID-19, cryptocurrencies are experiencing a significant price spike. Bitcoin price soared. The rise in the price of bitcoin this time is very fast. Even the price of Bitcoin has reached $64k. I am sure that number will continue to increase.
Right. Bitcoin has proven its position is not shaken by the global crisis when the pandemic occurs, in fact the price has actually increased. Although the increase in bitcoin occurs gradually and there will be times when the market will be saturated and investors are profit taking. However, this will not last long and the price of bitcoin will rise again.
Not really that much correlated because bitcoin cant really be affected anytime by those external events that do happen even it do really connects with economy.We might have seen some movements back in the past

but doesnt precisely connects with that pandemic situation and asking out of its a good investment then its your call but dont expect too much from it because everything cant really be predicted which means

profits is always an unsure thing to happen and if you do rely on it then it would really be that risky.So make this as a side income instead.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Mkmanik on September 15, 2021, 05:53:37 AM
Crypto currency is one of the best investment platform in whole world. Where bitcoin is more profitable and secure investment which we have already proven. So in this pendamic situation those who wants to hold an asset that's resistant to inflation may find investing in bitcoin will be a good idea. Because Where the central banks of any country have the permission to print infinite amount of fiat currencies on the other hand the quantity of bitcoin is fixed in number and limited by its supply capped at 21 million. I think demand is more than supply is applies for bitcoin so in this pendamic situation bitcoin will be a good investment.
Not only in the pandamic situation, Bitcoin is the best investment in all of situation. But you have to hold Bitcoin for the long period to get a good profit from it. For the long term investment Bitcoin is a safest investment. The supply is limited but the population is increasing day by day. so its making demand of Bitcoin.
In the pendamic situaion Bitcoin price also show us some good strength. Instead of dump its increasing slowly but surely. I am slowly investing my profit into Bitcoin regulary, maybe its a small amount but in the future it will be  worth of it.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: STT on September 16, 2021, 11:59:45 PM
The whole idea of keeping a distance, being online & remote transactions surely does fit into BTC meta but I dont know the pandemic would even help normally because its a deflationary event leading to lower amounts of business in the economy occurring.   Deflation normally favors the hardest forms of money and speculative assets would retract in value during this time such as something cutting edge and new like Bitcoin.
   However this particular modern age mass economy event was met with massive monetary base expansion, the dilution and creation of new dollars means a very easy policy from the central bank which does help all kinds of speculative activity and I think this is why BTC rose especially so fast in the last year as an effect.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Chato1977 on September 17, 2021, 03:58:55 AM
Crypto currency is one of the best investment platform in whole world. Where bitcoin is more profitable and secure investment which we have already proven. So in this pendamic situation those who wants to hold an asset that's resistant to inflation may find investing in bitcoin will be a good idea. Because Where the central banks of any country have the permission to print infinite amount of fiat currencies on the other hand the quantity of bitcoin is fixed in number and limited by its supply capped at 21 million. I think demand is more than supply is applies for bitcoin so in this pendamic situation bitcoin will be a good investment.
actually less investment happens in the past months instead Bitcoin has been used to what this tend to be and that is a currency that used intransaction specially those who are sending funds all over the world.
now even some countries are considering accepting bitcoin because of this process.
But indeed that bitcoin is a best investment in this pandemic as thee are no need in physical communication and transacting .


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: BobK71 on September 19, 2021, 04:52:45 AM
The COVID-19 pandemic has impacted financial markets all over the world,, the world faces a problem of an unusual nature. The virus outbreak in Asia was first regarded as a looming, but distant threat, yet now leads to the collapse of many companies and economies. Even more, it threatens disruptions in supply chains at international levels that have been forged by the blood, sweat, tears, global wars, technological advancement, international competition, co-operation and global progress made over many decades. Bitcoin may still be at an early stage of its lifecycle, and its price is unknown in the future, but it has been the most exciting and promising currency development since the development of fiat currency, and has ignited the imagination not only of billionaires, but the general public eager for an alternative to fiat currencies and precious metals. After all only crypto currency market is getting more power when pandemic destroy many financial institutions. So i believe it is the positive platform for all the investor.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: retreat on September 19, 2021, 08:11:52 PM
For me bitcoin is the best investment not only during a pandemic but for a very long time bitcoin is the best investment ever.
bitcoin has been around for more than 10 years and has a very high ROI almost every year.
many people say that gold is the best investment but in fact, in the last 10 years, only bitcoin can penetrate tens of thousands of %. bitcoin is the best investment whenever it is.

The crypto market is always in the best position to invest in bitcoin the market for bitcoin has been around for so long as long as bitcoin has a position in the crypto market, no epidemic can do any harm. Whatever the economic situation of the country bitcoin will maintain its position. The crypto market is becoming more popular as the number of investments increases basically bitcoin shows its game every 2/3 years.
That's right, the political condition of a country and the current pandemic will not drastically affect the bitcoin price. bitcoin is a pure decentralized coin.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: mr500 on September 29, 2021, 03:33:24 AM
Invest in Bitcoin is profitable disition for all time I mean in pandemic and after post pandemic situation because Crypto currency is one of the best investment platform in whole world. Where bitcoin is more profitable and secure investment which it has already proven. So in this pendamic situation those who wants to hold an asset that's resistant to inflation may find investing in bitcoin will be a good idea. Because Where the central banks of any country have the permission to print infinite amount of fiat currencies on the other hand the quantity of bitcoin is fixed in number and limited by its supply capped at 21 million. I think demand is more than supply is applies for bitcoin so in this pendamic situation bitcoin will be a good investment . Eventually we are going to cashless economy world so today or tomorrow everyone adopt it .


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Rimueng on September 29, 2021, 04:55:22 PM
Of course, bitcoin is a good and profitable investment both before the pandemic and during the pandemic. The pandemic period which incidentally made income decline, even made people flock to try to invest in cryptocurrencies. Crypto investment in the midst of a pandemic was chosen because it saw investment opportunities in other sectors so sluggish. Crypto was chosen because it has proven to be a safe haven asset and is more liquid.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Rana590 on September 29, 2021, 05:14:52 PM
Of course, bitcoin is a good and profitable investment both before the pandemic and during the pandemic. The pandemic period which incidentally made income decline, even made people flock to try to invest in cryptocurrencies. Crypto investment in the midst of a pandemic was chosen because it saw investment opportunities in other sectors so sluggish. Crypto was chosen because it has proven to be a safe haven asset and is more liquid.
It's really true that investment on Bitcoin is always profitable and good choice. If anyone believe in Bitcoin, he/she can be profitable from this investment. Sometimes, it needs more times but patience is highly recommend here. Gradually investment on Bitcoin is really great decision.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: TheEconomists on September 29, 2021, 08:41:52 PM
I wonder what the OP meant by secure investment in a coins that one can lose 50 percent of your investment within a day or weeks is you are not a patient type you will end up selling at lost. Although, I must confess that Bitcoin and crypto currency in general is actually a good investment where you can make good profit from your investment within a shot period of time not minding whether is the of pandemic or not.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: sunsilk on September 29, 2021, 09:45:08 PM
Crypto was chosen because it has proven to be a safe haven asset and is more liquid.
Do not generalize this.

Crypto is the whole thing in the market and newbies might buy anything in the market that they see because somebody has said that they are safe haven.

Not all cryptos are safe havens, bitcoin is a safe haven and that's why we have to be specific on it.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: StreakW on October 09, 2021, 05:05:31 PM
Uncertainty about the end of the COVID-19 pandemic has raised public awareness of the importance of investing in assets that have an edge on the hedging side, which has also increased investor enthusiasm for Bitcoin. Bitcoin is the most suitable crypto for investment and for holding because it has proven credibility. The price of Bitcoin will also increase, influenced by the increasing demand for Bitcoin compared to its limited supply.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: Tumanggor on October 11, 2021, 03:07:45 PM
for me investing in bitcoin in this pandemic situation is very good

Crypto was chosen because it has proven to be a safe haven asset and is more liquid.
Do not generalize this.

Crypto is the whole thing in the market and newbies might buy anything in the market that they see because somebody has said that they are safe haven.

Not all cryptos are safe havens, bitcoin is a safe haven and that's why we have to be specific on it.
from all the cryptocurrencies circulating in the market, I only believe that bitcoin is 100% safe
I've never seen someone scammed but often hear of other altcoins scams, rug-pull or the value drops to zero


remember, keep investing your funds wisely, do your own research, and don't be greedy during this pandemic


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: dimonstration on October 11, 2021, 03:40:15 PM
Uncertainty about the end of the COVID-19 pandemic has raised public awareness of the importance of investing in assets that have an edge on the hedging side, which has also increased investor enthusiasm for Bitcoin. Bitcoin is the most suitable crypto for investment and for holding because it has proven credibility. The price of Bitcoin will also increase, influenced by the increasing demand for Bitcoin compared to its limited supply.
We already see how bitcoin price pump during pandemic last year wherein more investors even institutional investors shift in bitcoin during the time the market is in bad condition where the economy and stocks of every country is falling,the only investment keep going is in crypto as it is not much affected on what’s happening in the economy or situations of daily living of it’s user. Some tend to hold their money in bitcoin as the price will not affected if ever pandemic takes longer just like how big companies did to safeguard their investment that drops in stocks as they see crypto weren’t affected much.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: OrangeII on October 11, 2021, 05:28:39 PM
Crypto was chosen because it has proven to be a safe haven asset and is more liquid.
Do not generalize this.

Crypto is the whole thing in the market and newbies might buy anything in the market that they see because somebody has said that they are safe haven.

Not all cryptos are safe havens, bitcoin is a safe haven and that's why we have to be specific on it.
Right. sometimes, when looking at bitcoin, many people assume that all cryptos have the same potential. because of this, many newbies invest without finding out the information first. even more so if they think that they are investing late and need to invest quickly in the crypto they are looking at.

in bitcoin, pandemic or not, it would still be a very good investment. we can see the price increase rapidly before the pandemic, and then reach a new ATH during the pandemic. it proves that bitcoin is a worthy investment in any situation.


Title: Re: Is bitcoin a good investment in this pendamic situation?
Post by: STT on October 11, 2021, 07:08:28 PM
Across an entire economy the effect of a delationary event such as a pandemic would not favor speculative assets, not just Bitcoin but anything without a natural yield will suffer. BTC does well so long as it grows in interest and usage, which it is doing year to year but during this last 2 period I would not have expected such as great rise without the extraordinary large increase in monetary supply.  I think thats amplified demand for BTC in an inverse way as dollar has no doubt become weaker value.