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Author Topic: COVID-19 is helping to expand the crypto world  (Read 1192 times)
mahilchii
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May 10, 2020, 03:45:21 AM
 #21

You are right in some points mate, this lockdown has thought us many lessons. Few are busy with work from home option and many of the business has been affected very badly, now people want to go for the second investment and I think crypto is a greatest option for that.

I feel like I am in a safe zone after having a job and suddenly something happens I can opt for this, because I don't want to risk my job and as well as I don't want to risk my life in crypto..In my opinion crypto is always a second option Cool

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May 10, 2020, 04:08:01 AM
 #22

It is not encouraging them.
More of, there is no other choice.

You cannot just swipe down in your Facebook wall for the whole day you are awake.
There must be a change. Something new.
Chances of them looking into the crypto world just went higher but it doesn't mean they will be enthusiastic about it.
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May 10, 2020, 04:58:51 AM
 #23

COVID-19 has locked down the office, market, business even our life. People are passing idle time at home. Many people are now trying to engage in online job and online business. Many of them are being eager to invest in blockchain based investment platform like me. I was not so much interested about crypto world and would be always busy with my work. When I was lying at home day after day, I started to know about online investment. At a time I realized, cryptocurrency is the best for me to invest and now I am an investor on blockchain platform. So, I think, Corona Virus is encouraging people to invest in cryptocurrency and thereby helping to expand the crypto world.

What's you thought about it?  

With so many countries issuing work from home policies, people will look for alternative income through the internet and I think cryptocurrency will be one of the options they will choose. Cryptocurrency has begun to be known by many people and I think the progress will be better

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May 10, 2020, 04:59:39 AM
 #24

We all got the spare time now, ain't we?

The lockdown makes us worry of where we can get our money.
A wrong thing might happen though if the freaking scammers will take advantage of the weakness of people.

Suddenly they will become investors without thinking  about it. Yes, they might come across crypto currency investment without thinking about it because they just want to make profits in rush.
Perhaps, we could help them to avoid being the victim of this scammers or just offer the trusted ones like bitcoin and Ethereum.
Also set it straight that is not just an investment but more of technology.
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May 10, 2020, 05:13:11 AM
 #25

COVID-19 has locked down the office, market, business even our life. People are passing idle time at home. Many people are now trying to engage in online job and online business. Many of them are being eager to invest in blockchain based investment platform like me. I was not so much interested about crypto world and would be always busy with my work. When I was lying at home day after day, I started to know about online investment. At a time I realized, cryptocurrency is the best for me to invest and now I am an investor on blockchain platform. So, I think, Corona Virus is encouraging people to invest in cryptocurrency and thereby helping to expand the crypto world.

What's you thought about it?  

With so many countries issuing work from home policies, people will look for alternative income through the internet and I think cryptocurrency will be one of the options they will choose. Cryptocurrency has begun to be known by many people and I think the progress will be better
That's also what im thinking about right now. I have been seeing so many people in my country have been moving to the crypto trade to get a few bucks everyday to keep their lives.

AFAIK, the demand in my local exchange site is also increasing a lot too. This pandemic is also helping the adoption.

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May 10, 2020, 07:31:20 AM
 #26

COVID-19 has locked down the office, market, business even our life. People are passing idle time at home. Many people are now trying to engage in online job and online business. Many of them are being eager to invest in blockchain based investment platform like me. I was not so much interested about crypto world and would be always busy with my work. When I was lying at home day after day, I started to know about online investment. At a time I realized, cryptocurrency is the best for me to invest and now I am an investor on blockchain platform. So, I think, Corona Virus is encouraging people to invest in cryptocurrency and thereby helping to expand the crypto world.

What's you thought about it?  

Not the majority of the people who want can invest in Cryptocurrency, we have a need and a situation to address first before anything else, but we can list Cryptocurrency as one of the markets worth investing but right now, we have to take care of our business, our job, and our savings, that's what I've done right now.

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May 10, 2020, 08:33:12 AM
 #27

COVID-19 has locked down the office, market, business even our life. People are passing idle time at home. Many people are now trying to engage in online job and online business. Many of them are being eager to invest in blockchain based investment platform like me. I was not so much interested about crypto world and would be always busy with my work. When I was lying at home day after day, I started to know about online investment. At a time I realized, cryptocurrency is the best for me to invest and now I am an investor on blockchain platform. So, I think, Corona Virus is encouraging people to invest in cryptocurrency and thereby helping to expand the crypto world.

What's you thought about it?  

It is very true that due to the effect of lock down people tend to surf internet more.  But in my own view I don't think the virus outbreak has had that significant effect on the adoption of Cryptos as many are hyping it.  It was said when the price was dropping that it was the effect of the virus, but right in the midst of the same virus, the price start improving again.  It is just a matter of interest and mindset.  No matter how someone surf internet 24/7 if he or she do have interest in Cryptos, then it won't have any effect.
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May 10, 2020, 10:28:17 AM
 #28

In any case, the consequences of the coronavirus will lead to a global crisis. And virtually any business, including the blockchain industry, will suffer from this.  But you need to look at this situation from a different angle, since economic problems in countries will lead to very high inflation and it seems to me that this moment can become a very strong causative agent for the wider dissemination and use of cryptocurrencies around the world in everyday life.  I am sure that even the central banks of the states, not to mention big business, will transfer all funds to those assets that are more protected from inflation, and cryptocurrency is exactly the product that is best suited for this.
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May 10, 2020, 12:32:32 PM
 #29

COVID-19 has locked down the office, market, business even our life. People are passing idle time at home. Many people are now trying to engage in online job and online business. Many of them are being eager to invest in blockchain based investment platform like me. I was not so much interested about crypto world and would be always busy with my work. When I was lying at home day after day, I started to know about online investment. At a time I realized, cryptocurrency is the best for me to invest and now I am an investor on blockchain platform. So, I think, Corona Virus is encouraging people to invest in cryptocurrency and thereby helping to expand the crypto world.

What's you thought about it?  
by work from home, our knowledge and mind now be opened . we know that there are alot opportunity we can do from home, especially in online investment. and now many new investors in stock or even cryptocurrency. i am sure some of us know be investors in finance market or atleast start learning how to earn money from home
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May 10, 2020, 12:39:18 PM
 #30

COVID-19 has locked down the office, market, business even our life. People are passing idle time at home. Many people are now trying to engage in online job and online business. Many of them are being eager to invest in blockchain based investment platform like me. I was not so much interested about crypto world and would be always busy with my work. When I was lying at home day after day, I started to know about online investment. At a time I realized, cryptocurrency is the best for me to invest and now I am an investor on blockchain platform. So, I think, Corona Virus is encouraging people to invest in cryptocurrency and thereby helping to expand the crypto world.

What's you thought about it?  
Just like the old day. You know back then, cryptocurrency is only known among people in MMO (Make Money Online) as a convenience payment. When BTC hit each new height back then, it creates a sensation that attracts even more people into cryptocurrency, people outside of the MMO circle. Today, I think cryptocurrency already well-know and nothing like the old day when you mention about it, people would give you a strange look. For the COVID-19 case, it like a desperate attempt to make a meet end because the global disrupt, people out of their jobs,... Feel sad more than happy in this case though.
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May 10, 2020, 12:43:55 PM
 #31

What happened during the early stage of the coronavirus was very bad for the stock market and cryptocurrency but later on the cryptocurrency regain it resistance and the stock market was heavily struck, the oil was destabilize which has lead the entire world into economic bruhaha.
 
The world has noticed the very importance of the cryptocurrency to the World economy. The oil has disappoint them and the only means they should be looking at is the digital currency. Digital currency will take the future of the world economy, even though many of the coins will be government surveillance coins.

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May 10, 2020, 01:18:20 PM
 #32

I think you are deeply confused, because it discourages people to invest because what people are thinking about now is how to survive. We all hope Covid19 will end and the world is recovering, really affecting the cryptocurrency which I think is more positive.

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May 10, 2020, 01:39:17 PM
 #33

Although in one way or the other, cryptocurrency has been affected by Covid19 but in a way it is a plus to cryptocurrency because many got to know about cryptocurrency during this lock down.

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May 10, 2020, 02:01:25 PM
 #34

they are looking for opportunities and information to make an investment in the cryptocurrency business and other online. for offline work had to be stopped for a while because COVID-19 there is no other way to search money for now unless they are trying to become traders, Youtuber, and the work of other online paying them to survive on their daily lives.


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May 10, 2020, 02:22:29 PM
 #35

I am totally disagree with your point you should understand that In this current situation mostly people would like to have cash in their pockets for their needs of foods which is necessary so I don't think at this sensitive time people would prefer to invest in crypto or any other investment option.
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May 10, 2020, 02:25:51 PM
 #36

Absolutely, I think it has really expose the safer way of making transactions with the use of cryptocurencies as well as an investment plan. I have met new people who come into our local crypto group asking of advice about investments into cryptocurrencies and others. Though we do share some information we still tell them blatantly that they should do their own research to be absolutely sure!

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May 10, 2020, 03:23:05 PM
 #37

Covid-19 has limited our space, so that makes us is unable to carry out activities as usual. Some people have to do something new to make a living, cryptocurrency is one of the solutions to make investments, but not as easy as imagined. Without being equipped with knowledge and investment techniques, it's the same as throwing money into trash, because the even experts have suffered losses, especially people who are new to cryptocurrency will increasingly make them suffer.

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istiak2277
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May 10, 2020, 03:30:16 PM
 #38

Yes, that is true. This epidemic has some positive effects on the crypto world too. Peoples are thinking more about adopting digital currency because those viruses can also be spread through paper cash which is problematic for now. Also, it's easy to transfer and use than paper cash to buy a product and pay the bill for service. Through people are not interested in investing in a new project for now.

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May 10, 2020, 03:45:41 PM
 #39

I think the development of cryptocurrency is not only a factor of COVID-19, but cryptocurrency has been growing rapidly since it first appeared. even if you look at the current conditions because COVID-19 greatly affects the world economy, including cryptocurrency. although many people spend time at home because of COVID-19, companies especially those related to crypto cannot work optimally because many of their employees cannot enter the office. but on the other hand, COVID-19 can be used as a moment for us to work online in meeting the needs of life while at home.
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May 10, 2020, 03:54:11 PM
 #40

COVID-19 has locked down the office, market, business even our life. People are passing idle time at home. Many people are now trying to engage in online job and online business. Many of them are being eager to invest in cryptocurrency like me. I was not so much interested about crypto world and would be always busy with my work. When I was lying at home day after day, I started to know about online investment. At a time I realized, cryptocurrency is the best for me to invest and now I am an investor on such platform. So, I think, Corona Virus is encouraging people to invest in cryptocurrency and thereby helping to expand the crypto world.

What's you thought about it?  
Yes I think that the virus that spreads in our world right now is getting more dangerous without the cure and that is why we were Locked out of your homes to stay inside. I think that the virus makes the cryptocurrencies become more useful and it makes the people understand what is the use of cryptocurrencies and cryptocurrencies is showing their true worth now. I hope that cryptocurrency will be more popular and will be used by many people because I think that it deserves more than recognition because it helps so many people to earn now and I think that is great in this times of needs.
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