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Author Topic: The pandemic outcome  (Read 2093 times)
Yatsan
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April 11, 2020, 01:22:13 PM
 #81

The best thing to do for now is to invest, this is really good for investing as bitcoin is still dumping, it will be profitable if we invest now when the bitcoin is still low then wait fot the bull run. Do not sell your bitcoin because cryptocurrency will rise again, it is like what we have experienced before when bitcoin reaches 1700$ and bounced back again.
Yes we may take the benefit of the current price right now as we expect that the price will pump again back in $10,000 or higher than that so holding is the best strategy that fits for every one as of the moment. The good sign is the resistance of the price from $6000 and is quite pushing higher, it's been two days that I've been watching the price and I think this is the best time to buy bitcoin as it is ready to go anytime soon on or after the halving process.

Do not lose hope and still believe the bitcoin and other cryptocurrency, let us just wait for the bitcoin to pum again, believe on it, cryptocurrency is supported by so many people and big whales, they wont let bitcoin to be dead.
The resistance is quite enough for us to be safe, I know whales are taking the bitcoin in serious moment now because it is subject for adoption and getting a profit from it is huge.

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April 11, 2020, 02:56:51 PM
 #82

It is very likely that we will be soon witness another crisis after this pandemic event many people around the world are becoming jobless, in other word no financial to face the reality when this such phenomenon exit, add up the mortgage and bills to pay for, it is sure pain in the back to workaround and see what we can do for the upcoming month during this pandemic.

For me I will just thrown away any things that can be sell off, to support what do I need for, and stay on my list to dos after the event I don't have a family for the moment sure give me a time to not worry about.

How about you give me your thought on this event  I might be adapt your idea and get some of it to surest my stability when the time comes,
Now you need to try to minimize your expenses during the quarantine period. Try not to borrow money and in any case not to take loans. It is even possible to reconsider your specialty and profession from the point of view of what will be in demand in the conditions of a tough and prolonged global economic crisis.
As for cryptocurrency, in the context of the economic crisis, it can, on the contrary, grow in value. Until this time,  need to try to save it.

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April 11, 2020, 03:40:11 PM
 #83

It is very likely that we will be soon witness another crisis after this pandemic event many people around the world are becoming jobless, in other word no financial to face the reality when this such phenomenon exit, add up the mortgage and bills to pay for, it is sure pain in the back to workaround and see what we can do for the upcoming month during this pandemic.

For me I will just thrown away any things that can be sell off, to support what do I need for, and stay on my list to dos after the event I don't have a family for the moment sure give me a time to not worry about.

How about you give me your thought on this event  I might be adapt your idea and get some of it to surest my stability when the time comes,
Now you need to try to minimize your expenses during the quarantine period. Try not to borrow money and in any case not to take loans. It is even possible to reconsider your specialty and profession from the point of view of what will be in demand in the conditions of a tough and prolonged global economic crisis.
As for cryptocurrency, in the context of the economic crisis, it can, on the contrary, grow in value. Until this time,  need to try to save it.

Well, if people are needing money to provide food for their family and they can't since most of the jobs nowadays are not existent, I think it will be inevitable for those people who are struggling to borrow money. That is the same if they are holding crypto currency, they will be forced to sell it so they will have a fiat they can use.

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April 11, 2020, 06:06:49 PM
 #84

I am spending less money than usual life due to this lockdown which gives me more money on my savings and also has investments which is enough to lead a life for me and my family at least for a year and other than this I have hard assets Holy which really has no value if no one has money to buy those things if I need to sell them off, hopefully, we will not be forced to be in such future life.

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April 22, 2020, 12:15:59 AM
 #85

initially,  it is better to focus on cryptocurrency by entering some digital online jobs as the main source while staying at home for an extra income. probably, the digital currencies are still waiting for you and open to all investment during this pandemic season.

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April 22, 2020, 06:46:24 AM
 #86

initially,  it is better to focus on cryptocurrency by entering some digital online jobs as the main source while staying at home for an extra income. probably, the digital currencies are still waiting for you and open to all investment during this pandemic season.
during the "stay at home" because the epedemic corona is supposed to be able to focus more on crypto. but most of those who can do that, but not a few who also do not think about crypto because it is full of anxiety about the epedemic corona.
unfortunately this epedemic corona also affects several projects where the country is affected by a very tense situation, so many projects are stopped and will continue when the situation in the country begins to recover.

we hope this epedemic can soon be overcome and can make all calm and not gripped by anxiety.
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April 22, 2020, 01:36:29 PM
 #87

do saving or investing and stop doing hedon thing , we dont know what will happens next , prepareing everything will make your life easier event in pandemic like this
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April 22, 2020, 02:05:53 PM
 #88

It is very likely that we will be soon witness another crisis after this pandemic event many people around the world are becoming jobless, in other word no financial to face the reality when this such phenomenon exit, add up the mortgage and bills to pay for, it is sure pain in the back to workaround and see what we can do for the upcoming month during this pandemic.

After medical crisis we will get economic crisis and after that we will get political and society crisis. In some countries will be bigger then in others but almost no will be able to avoid them.
Yes, no one will be able to avoid it because everything must be faced with confidence and a strong mentality, any crisis will come at any time because of the catastrophe that occurred not only this pandemic, there are still many other disasters that occur in different parts of the country together with the continued increase in pandemic cases. So indeed, there will be a lot of work and or other matters that must be dealt with after the pandemic or disaster has passed and we must be prepared to face it because the recovery period will also be the hardest period to be done in the future.
We should have good mentality if we want to survive in this crisis, our intelligence can help us to solve problems and make money. There are now a lot of cases around the world and the world economy is experiencing major dumps because of the panic in the market. This recession is not simple because lives of the people are on the line. Yesterday, a history made because of the price of oil reached $0 per each where its demand turned into negative. It is the first time in history so we should expect more downs in different types of market.

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April 22, 2020, 04:04:06 PM
 #89

the most important thing at the time of a pandemic is the goal every day you prepare food for one month is better if you still have parents who live together and it's better if you have a lot of money it is better to buy food take some time for this case still many victims. get a job more difficult, many companies closed down across the country no one knows how long this pandemic ends.


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April 22, 2020, 04:13:08 PM
 #90

I think focusing on what we need daily is what really matyers these days. Investing and other cash related transactions that aren't that important should be not on your to do list as of now.
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April 22, 2020, 05:56:50 PM
 #91

The outcome is worse than i imagined people bare running out of cash some don't even have shelter on their heads no food even , business mens are going down and so is the economy after this pendemic people will  fight for jobs. It scares me.
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April 22, 2020, 06:16:55 PM
 #92

I participated as a volunteer to fight the covid-19 virus in my own city. I have a crypto community in my city that has a large number of members, thinking I have the idea to help. Medical and police officers to eradicate reduce the spread of the corona virus. with materials spraying disinfectant into public places such as, schools, city offices. markets. which has the nature of the crowd? Disinfectant is a liquid chemical that is used to prevent infection or pollution by drugs to eradicate disease germs. Hopefully inspire you here to become world realists against covid-19

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April 22, 2020, 11:46:32 PM
 #93

For me, I'll just keep saving money and things that are really important for survival. The crisis has already started and many people are already experiencing difficulty and hardship caused by this pandemic. It will take some time before everything goes back to normal especially that the cure and vaccine to kill this virus has not yet invented.
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April 22, 2020, 11:47:47 PM
 #94

do saving or investing and stop doing hedon thing , we dont know what will happens next , prepareing everything will make your life easier event in pandemic like this
The best way is to be discipline to use money and prioritize the urgent needs. Saving or investing is good but it is not the priority in this time. If you look at the current news, people prefer to lessen their daily expenditure for not urgent needs. So, I'm not sure they will do invest more as the prepare for the future after pandemic.

R


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April 23, 2020, 02:29:34 AM
 #95

It is very likely that we will be soon witness another crisis after this pandemic event many people around the world are becoming jobless, in other word no financial to face the reality when this such phenomenon exit, add up the mortgage and bills to pay for, it is sure pain in the back to workaround and see what we can do for the upcoming month during this pandemic.

For me I will just thrown away any things that can be sell off, to support what do I need for, and stay on my list to dos after the event I don't have a family for the moment sure give me a time to not worry about.

How about you give me your thought on this event  I might be adapt your idea and get some of it to surest my stability when the time comes,

Surely, just like super typhoons and other devastating happenings, it will left a mark and several casualties that is hard to clean. We can predict economic reset or global recession - it is not inevitable in a sort of way. For sure, the government will do quadruple effort when the time comes. Large percentage was taken from the government fund by just distributing rations and relief goods. What more for other large and populated countries? The right thing to do now is to cooperate and have discipline. Let's not be baggage for the government to carry but let us help them carry the weight of the problem. That's the least we can do.

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April 23, 2020, 02:42:37 AM
 #96

Don't take any loans, keep some cash, keep some crypto (depending on your risk apetite) and you'll be fine.
I agree that all of those things are great, except for a lot of folks that advice is impractical.  There are quite a lot of people who are currently (and hopefully temporarily) out of work and have had to sell some of their investments in order to free up some cash for living.  There are also those who never had any investments--like stocks, bitcoin, whatever--to sell in the first place, as they were working paycheck-to-paycheck before the outbreak happened.

Things have gotten very ugly as of late, but in my area at least I still see a lot of businesses still open and that's a good sign.  However, I think we're going to start seeing the repercussions of layoffs and business closures months down the road, and I'm expecting a stock market correction worse than what we've already seen.  I could be wrong about all of this, but I get the feeling that it's going to be a while before things start getting back to normal.

There was a provision in the stimulus bill that stated small businesses needed to retain 90% in order to keep and maintain the loans. I have a feeling the opened businesses are extremely inflated and we'll see them close down shortly when they aren't able to sustain themselves and run out of loan money. The only thing keeping small businesses afloat are the government. Once the government lets these businesses out on their own, they'll collapse and lay off their employees.
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April 23, 2020, 02:46:11 AM
 #97


How about you give me your thought on this event  I might be adapt your idea and get some of it to surest my stability when the time comes,

After this Pandemic we will have a new normal life, there will be a recession from third world countries and many businesses will need a loan grant and majority of the workers will have to find a job because some industry will have to take some time to recover, there will be a lot of jobless people and it will take a year or two to normalize everything.

In my case, I will be liquidating some assets that are not making me a profit both from offline and online investment.
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April 23, 2020, 03:24:20 AM
 #98

The consequences of this epidemic are going to be much worse The country's economy will don't have anything to mention after the epidemic within the current crisis within the world People will live worse lives but there'll be tons of vacancies for jobs  Many unemployed people are going to be employed but it'll take an extended time to get over this economy. Many people's work pressure will increase After the impact on online if the country's economy is broken the way to buy add case of an depression.

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April 23, 2020, 03:52:38 AM
 #99

I think focusing on what we need daily is what really matyers these days. Investing and other cash related transactions that aren't that important should be not on your to do list as of now.

Yes, that is right. If we can fill our daily needs, then we don't need to worry because we can survive every day. But don't forget, besides we fill the daily needs, we can prepare for the future because after this pandemic ends, we can start to do anything that can help us to get more money. I believe that situations now will not stay for a long time, but we need to be patient while we need to take care of our health.

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April 23, 2020, 05:58:44 AM
 #100

Everyone experiences financial difficulties in a situation like now, so don't buy anything unnecessary. Living simply and frugally is a must
for today. If you can find additional income to add purchase of daily necessities. Cryptocurrency can be a solution for making money, you
can trade or invest in coins that have good potential. And the most important thing is not to borrow money if you are really not needed.

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