The covid-19 pandemic has bring lots of problems ever since it have existed and spread out affecting people's health and now the lives of people living in the whole world because problems related on it have been branching out when the community quarantine that brings lockdowns to be implemented occurred.

At the first base, the covid-19 pandemic have been a problem in relation to the medical field since it is a new virus that have existed and the vaccine for it still remain undiscovered up until now although there are already discovered vaccines but those are still under clinical and human trial before to be claimed as effective and safe.

With that, while we are still waiting for the cure to come, other problems have sprout out affecting people's lives all due because of the existing lockdowns in avoidance of spreading the virus and to control the number of infected cases. With that, people tend to stay indoors which make workers temporarily to permanently jobless since business establishments and work places are closed for a while because public places where there is a possibility for a crowd to get together is strongly prohibited for now. With the closure of such establishments, the production of goods and services have been strongly affected that leads to shortage or lack of goods and services most specially the medical ones and the foods that are mainly consumed in the market. That scenario nearly affects the economic status of the country since no production have been made.

The lockdown also bring schools and universities to temporary closure to keep students safe away from virus since they were the bracket groups that are vulnerable to get infected by the virus together with those adults aging 60 and up. Imagine how this virus brings up serious problems on the 6 months already existing community quarantine just to keep people safe while the vaccine is still undiscovered.

For me I think we have not done enough to cope up into this situation. I said WE because the one to act must not be just the responsibility of the government alone but the people must coordinate and act accordingly to what the plan, the rules and regulations being mandated so that we can eventually resolve somehow the problem with regards to the spread of virus. No pointing fingers of who must act because we are all together in a certain country where we reside so the fate of it will depend on our hands.

With the current state of the country where I am currently living, I think we are still not yet doing everything because people are still into complains more than follow which makes it hard for the government to control the rise of the infected cases and end up supporting a lot of people being affected. It's been a couple of times that the government have been stating the plan for intervention but the people here are all hard headed to follow because of too many reasons.

If we will be able to come up into better understanding, I guess that would be the time I can say that our country have already done everything to the extent that we can already control the situation and the next chapters would follow on which we can eventually make our economy fully alive once again.

The fate or the state of the economy of a country not just rely on its government and people although those are one of the factors or main element for the country to achieve a growth but there are still other external factors that can affect why the economy falls.

Natural Resources can also be considered as one of the factors why an economy rise and fall because it is the limited element that a country must nourish to be able to make the economy rise since exported and imported goods and products came from raw materials coming from natural resources and being irresponsible to take care of it would lead to lack or shortage making the economy fall.

Educational State is also one to be considered because this boost up the intellectual capacity of the people to be productive to be able to create mass production to push the economy to rise. Lack of knowledge of the people can just lead them to dependency to the government which can lead to the economy to fall.

External Factors can also include natural calamity because it can affect people's lives and the natural resources that can result for the fall of the economy.

Good Governance is also one of the key to make the economy rise because management coming from those at the position will make everything in order which can make the economy rise. A government composed of corrupt officials can just drag the economy down.

This is really true. On investment, basic knowledge about investing is really a must have but having a positive mindset to think everything as an opportunity to gain will be a good thing to must have. Many people are already losing their hope towards investment whenever they see a sudden down fall on the price of the crypto they have currently invested with. It is just normal to feel like that but if you trust your guts and if you truly believe in the coin you have invested with, you do not have to worry about. Just trust the process and just wait for the results to speak for itself.

But before doing anything with regards to deciding to start up investing, first thing that you must to is to acquire knowledge which can be gained on reading or having the guts to ask or at least try with small amount because most of us have started on trying to risk before they can be able to acquire knowledge on what to do on how they will strategize their investment to come up for a good result.

It depends on an individual perception because we do have a different stand regarding this matter and we cannot just push it through to prove that someone is right or wrong. Different perspectives are the ones making us diversified on what we think will suit our preference. For me, generally I do not think that we badly need Bitcoin for now because if we do so, then surely all people will get to engage on it with no ifs and no buts. But since we still have a choice on the way of living and have our own national currencies that we use to be able to survive our daily life needs, I think as for now, we do not really need Bitcoin that bad.

Yes we all do love having Bitcoins but other people doesn't like to have it. What varies in here is how do we find Bitcoin's importance making us to believe or not if we need it or not at all. The answer for this question will be two sided because we do have our own stand why we need it or not.

It's kinda surprising and amazing how an ordinary person has been able to buy kiosk and Bitcoin ATM machine and have placed it on public places with no one at first hand noticing it happened. Although the intention is clear that it is to create mass promotion and adaption of using Bitcoin, there is a law that he bypass although there are already Bitcoin ATM machines around. Maybe it just looks illegal on how he have executed his intentions since we have a law to follow. But it was still amazing how this man is really wanting to have mass adaptation of using Bitcoin but he just messed up and have done it on an illegal way.

I have already been hearing and reading about this for a couple of times since the past years that I have been starting my journey with cryptocurrency. But still that claim has never happened and it just remain as a mere statement because Bitcoin's dominance is still reigning on its top spot and no Altcoins have ever cross the line to replace Bitcoin on its top spot. Those were just rotating rumors and murmurs for how many times that have already took years and what I always say is that every crypto coins can have their possibility to improve and let us just see if there could be any Altcoin that will surpass Bitcoin and take its place to the top.

But up until now, the claim just remain to be claim because Bitcoin is not easy to be replaced for it have already its good reputation and it is continuously gaining more popularity making it still on the top spot.

Actually it depends on your preference because mostly Bitcoin wallets do just share the same features and they are just adding up some feature to make their wallets unique. The important thing that you must consider on choosing your Bitcoin wallet is the safety of your funds which is the main priority and also the convenience on which you can be able to easily access your funds on the wallet you have chosen.

In my case, our country have generated a local wallet which I still use up to now ever since my Bitcoin journey have started. This Bitcoin wallet is a mobile app which I use for storing my Bitcoin and also other cryptocurrencies because it can also hold ETH, XRP, BCH and our local currency which is good for converting my cryptos because our country are still not into adaptation on using cryptocurrencies but we can use it though not directly because we still in need to convert it to be able to use it for purchasing goods and services.

Well, whether it is a new or an old coin whom you have just newly discovered, there is always a certain risk on doing investment. All of us must know about it already when the first time we got engage into this industry that risk is inevitable in the field of work we have chosen to participate with.

Investing into a new coin might be a lot more risky compared to old coins since old coins have already taken a long time since it was established so it have already reputation or reviews about it which will make you think if you will invest based on what you read or not. In the case of new coins since it was just newly established, there are lots of doubts that is why we would risk to invest even a small amount to verify if it will be worthy or not. There will be sorts of trial and errors and taking risks if we do want to know something about that certain coin because in that way we will be able to answer our inquiry about it. You won't know anything unless you will try to take risk for it.

Business and private sector are not actually dead. They were just down for a while in accordance to the implementing community quarantine and health care guidelines to temporarily close down the business establishments to prevent the further spread of the virus that can be potentially transferred in a crowded place like work place that is why they are down for a while to give way on the planning on how to come up into the best way possible that workers can get back to work even at time of pandemic. Good thing that after a couple of months being closed, many businesses are now back to operation following the health guidelines and protocols being mandated by the healthcare professionals as well as the government to prevent the further infection brought by the virus.

But sadly, there were small businesses that turns out to close from temporary to permanent manner because owners cannot already afford to give its workers salary since they were also affected by the effect of pandemic bringing them to a financial crisis. But with regards to large businesses and corporation, they are still working and back in operation with minimal working capacity to still exhibit the social distancing required by the WHO and the government so that workers can now get back into their jobs while taking care of themselves not to get infected by the virus.

Those stated above are the main elements concern on the economic state dependency of a country. Those were the factors affecting how a country's economy experience ups and downs.

Work force- this includes the man power coming from the people all working together on different field of works to provide goods and services which brings the economic growth of a country. Lacking on work force, let us say even the population of a country is large but only few are working, still they can be cannot have a good economic status because not all are being productive.

Availability of Natural Resources - this concerns on the natural wealth of a country because mostly raw materials use for the local products being manufactured and being imported or exported are coming from the natural resources. Not taking good care of it will lead to shortage and lacking of natural resources will affect the economic progress because production will be limited.

Skill and Education - for man power to be able to become essential and useful, people must obtain proper and quality education to build up necessary skills that can be use for the progress of the country. Lacking this could really have a bad effect because people will know nothing making them less productive.

Management and Government Relations - this all relies on how good governance on a certain country works. If the government has no effective leadership and composed of corrupt officials, it would negatively reflect on the economic state of the country.

If all of those elements will be provided accordingly with good foundation, expect that a good economy will arise. But still there would be cases that external factors can inhibit to affect those elements which can face some serious circumstances that can affect the economic state of the country.

Exactly. You hit it at the very point. Even if you are earning with cryptocurrency there is no really sense for you to just rely on what cryptocurrency can give to you because the income in here is not stable to support or fulfill your needs in daily life basis. Even if you are earning enough from cryptocurrencies, still it would be much better to seek for a stable job to earn stable income and just treat cryptocurrency as your secondary source of income or your back up source of fund.

Reliance in crypto will give you no good because you will just get frustrated to think that you are only having income for quite some time. Unlike having a stable job that will provide you stable income to sustain all your needs. We can expect earning from cryptocurrency but being reliant and contented on what you can get from it would not be an enough reason because you will never know when you will need money so it is still a best choice to find a stable job that will sustain all the necessities and do not just rely on what cryptocurrency can offer.

Coming in into the crypto industry bringing such attitude of thinking that with the use of cryptocurrency you can get "instant rich" then was really a misconception and it might just lead you into a greater loss if you just came along having the hope in your hand that once you enter the crypto industry you can already get into a quick path of being a rich individual.

That was certainly the misconception of many people whenever they hear about cryptocurrencies because what comes into their mind is that there is an easy money associated on engaging with cryptocurrency. Then it is not. It is still in need for you to seek possible ways on how you can earn and one of those is through investment. Investment in cryptocurrency is like investing in the real world of stock market wherein you invest and it would take time depending on the current market situation. But on the cryptocurrencies, it might look a little or let's just say technical and complicated because of the volatility of the cryptocurrencies.

If people are thinking that investing in crypto is just that easy, then better think for a while before doing actions of deciding to invest in crypto. If you have such an attitude, better do not invest into any crypto just for a while. Make yourself have a time to understand thoroughly that investment in crypto is a real deal and not as easy as what most people think it is. As long as you do not have better understanding about it, you must not invest into any crypto because once you fail on investment you might just get into frustration so better learn the real deal that there is no easy money in cryptocurrency. Everything is undergoing a process.

At the old times, what people commonly do is to track down the team behind by doing thorough research about the authenticity of the project developers by looking at their backgrounds and the location of their data base and doing research about the whole thing that the people behind the project is all about. BUT, at this point of time even those information seems to be possible to be manipulated to look real and reliable which makes it so hard to distinguish the fake one from the real one.

Nowadays that people are now getting wise and much aware to observe and research about the legality and reliability of the project before engaging, the scammers or the people behind the creation of fake projects have also evolved into a wiser people on which they already creates projects that are really deceiving to the eye that can make you trust and believe that they are the real ones.

With that, it already makes so hard to identify which one could be real and which one could be the deceiving one. Doing a fast research seems to be not enough now because you do really need to exert effort on observing the project itself due to the reason that most commonly fake projects are being identified once the project promotion was already done and have already victimized lots of individuals.


This sounds to be a good thing to do because indeed there are really projects who are just making plagiarized white paper if they are being to careless to do such. But if we encounter a seamlessly clean and no trace of being fake project on which it is really fake but it have managed to make itself a real one, then that is what we must just hope not to encounter because it would be really hard to identify such thing.

The decision lies and depends on you if you would believe and follow what other people say about crypto. You are considered fool yourself if you would just easily believe and follow into other people's opinions and not being able to trust and create your own decision. If you are already that long enough in this market, then you must have the better understanding that crypto industry have already gone through lots of challenges even at the first years when it was established and still continuously getting improvement and being used by many people as of the moment.

If you do know in yourself what you are doing, then you let yourself decide and evaluate if the informations you are hearing about cryptocurrency can be believable or not. There is nothing wrong on hearing out other people's opinions because it stand to be one of the factors you can consider to help you decide but still you must know the fact if it can be really reliable or not. You must not let yourself be fool around if you really know what you are doing. Hear other people's opinions for basis but leave the decision making on your own and do not let emotions or murmur of other people dictate your decision making.

It is really true. New investors are really that impatient nowadays because what they want are really instant and quick results from their investments that they think doing trading is something to be very task to do which is really not the real thing. They get really into panic just seeing a dip down on the price of the cryptocurrency they have invested with which is really not the real deal because we have already been experiencing it since cryptocurrencies are really volatile.

Well, it is understandable that they were just afraid of the money they have exerted for the sake of trying to see if they would have a good journey getting into crypto investment but they must have know at they very first what it takes to invest in a crypto and how it could possible that your investment would undergo ups and downs which will depend on the situation within the market. New investors must know and understand everything first so that they would stop complaining about every detail of down fall when it comes to their investments to avoid spreading of nasty news or negativity about the crypto they have invested with because it brings bad publicity and make people get afraid of engaging into crypto. Learn to understand first what it take to invest on crypto before engaging in to prevent panic and being too impatient.

That thing of doing or creating fake IDs to pass through KYC was totally odd and absurd because you are plagiarizing or let's just say bypassing the process of creating legal documents and that was against the law of any country as far as I know. Although the aim was clear and understandable that it is really risky and seems to be a gamble to send original copies of your ID for verification of your identity, still doing a fake ID will be no excuse most specially if and only if the exchange, banks, or other related stuff that require KYC is highly reputable and have some connections with the government, the aim you have in mind was clear but the response is incorrect and will never be right on the societal point of view and is equivalent to a crime.

I guess doing such an act are common at this industry because of the anonymity that is really risky at one stuff but be picky on where you will provide your identity and that would be an alternative way possible and not to create fake IDs just to bypass the KYC process. The intention to keep yourself safe is there but once it was proven to be fake, a karma would turn back on which your account will be freeze
permanently and you could have a bad reputation for  that.

I think it is the most inappropriate time to think of who will become the world's economy king right after this pandemic because what we need to focus now is how this would end and how can we be able to at least make our own country's economy be revive from the couple of months lockdown that brings economic declination to every countries affected by the pandemic.

Although it can be clearly seen that indeed China have fastly recovered from the pandemic despite of the fact that their country is the ground zero of this pandemic. It is really a good thing that China have a very rich economy and resources to quickly respond on the call of pandemic and they make ways to easily control the situation and get their economy stabilize after dealing with the pandemic. Well, let us just see what will happen right after this pandemic. But as of now, it can be claimed that China could possibly surpass US economy after this economy for they are still struggling as of this moment and it will take time for the recovery to occur.

A rising tension between two nations would seriously affect the economic development of both countries involved most specially when there are products are services that are being relied by each country on one another.

We all know that each and every countries do have their weaknesses or those that they lack when it comes to resources making it a way for countries to do importing of goods and services from other countries that have what they need and in exchange they will provide that country of what they have to fulfill the lack in needs of their companion. That is how trading occurs. It is really important for countries to have a good relationship with one another to maintain a balance on the global trade having to presence of tension or misunderstanding ti occur that might create war.

That is why there is an alliance of different countries or known as the United Nations to talk about certain issues needed to be resolved to maintain peace talks and help each other out to help the rise of their economy. Having tensions between nations can affect not just the involve countries but as well as its people and the surrounding countries because the flow of trade will be distracted or interrupted and that would be a big problem.

Balance must be maintained between politics and trades to avoid tensions to arise and not to take effect on the flow of global trades.

How could it possibly be the corporate medical industries are benefiting on this scenario when at the real deal they were the ones who were risking their lives just for the sake of saving other people's lives that is included on the pledge they make with regards to their profession. No one is big winner in here because all of us are suffering in this pandemic. No one have been benefiting here because the threat and the risk associated with this infectious disease can totally kill lives. Even if medical practitioners are charged to be paid with such a huge amount for their services, it would mean nonsense if they die during the fight against covid-19. Money won't turn back lives of this brave medical health workers as well as those frontliners that are still serving for the sake of our safety.

Well actually, at some countries, both medical practitioners and field workers are sometimes getting underpaid for their work done but still continue to serve because it is their duty despite of the fact that they also have family worrying for them and might be left behind once something worst happen. There is no really a big winner at this point of time for we are all suffering even the richest person is also affected by this because money cannot serve as barrier to keep yourself protected from the virus.