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Author Topic: COVID-19 is helping to expand the crypto world  (Read 1194 times)
cassavachips
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May 10, 2020, 03:58:33 PM
 #41

This pandemic has created a new normal activity. Everyone is accustomed to being at home, working at home, studying at home and now some people throughout the world are experiencing economic difficulties. Cryptocurrency is getting crowded because everyone needs income. But after the pandemic ended, I think some of the new people who have jumped into crypto will still do it because they are already interested in it.
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May 10, 2020, 04:05:25 PM
 #42

True what you say because the development of crypto has now been increasing from users to the value of Bitcoin and Altcoins is increasing again, and now surely many investors are investing in altcoins and most importantly have to be careful in choosing an altcoin in order not to feel at a disadvantage, hopefully we can all enjoy the results of the world of cryptocurrency.

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May 10, 2020, 04:12:21 PM
 #43

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?  
So we need a deadly disease to attack us just to open our eyes towards financial freedom, I will say no don't blamce the time its your responsibility if you want to be a better person in your financial life style.Most of the current millionaires started to invest on very young age so they didn't have millions of dollars to invest.Invest what you can afford for it then wait for your time to come.
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May 10, 2020, 04:14:44 PM
 #44

maybe if that person has a lot of savings in this pandemic they can produce something in crypto, but do you know, many of us, don't have anything else after the pandemic ??
for me if it's only about profit, the whale in control can easily flip through the market very quickly during this pandemic.
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May 10, 2020, 04:25:21 PM
 #45

People who are quarantined will have plenty of time to access cryptocurrency to learn about it, but that doesn't mean they will invest. Covid-19 is changing the world in an unprecedented way, the way people use money will change, which can have a negative or good effect on cryptocurrencies, we have to wait for the results.

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May 10, 2020, 04:48:04 PM
 #46

Right now some countries scenario are changing gradually, they almost overcome this pandemic situation after lose thousands of people’s. Also corona virus affected in online job platform but still here people getting work but another job sectors is collapsed, so that also new people’s trying to make skills in online.               

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May 10, 2020, 04:55:57 PM
 #47

Of course, due to covid-19 many people lost their jobs and this made them have to find solutions to keep earning income, so they began to study crypto.
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May 10, 2020, 05:11:30 PM
 #48

While the spread of the COVID-19 virus across the planet has literally destroyed the economies of many countries, global market shares as well as cryptocurrencies are rising.
These pandemics affected the whole world and many lost their jobs, had to remain in quarantine and began looking for ways to earn money from home. So the best way to invest in something today is to invest in cryptocurrencies.
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May 10, 2020, 05:19:07 PM
 #49

Of course, due to covid-19 many people lost their jobs and this made them have to find solutions to keep earning income, so they began to study crypto.
Actually it is also very good, because with the addition of beginners who study in crypto, it will certainly make crypto more famous by accident, even though it is also not easy for them to do, but it becomes a useful value for crypto.
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May 11, 2020, 12:29:45 PM
 #50

Of course, due to covid-19 many people lost their jobs and this made them have to find solutions to keep earning income, so they began to study crypto.
Actually it is also very good, because with the addition of beginners who study in crypto, it will certainly make crypto more famous by accident, even though it is also not easy for them to do, but it becomes a useful value for crypto.
If that really happens, it will be better for cryptocurrency in the future. With conditions like this, very likely for those who want to increase income to join the cryptocurrency. And if they are sure to study, they can be sure to fall in love with cryptocurrency.

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May 11, 2020, 12:34:33 PM
 #51

What's you thought about it?  

There are only two things that people need for them to do that.

1. Money - We all know how hard times are right now with the economy almost not moving forward, unemployment is rising, and businesses are not making money.

2. Knowledge -  If people will be informed well enough, they will definitely be convinced that investment in Bitcoin or crypto is one of the best, if not the best.
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May 11, 2020, 02:41:22 PM
 #52

Of course, due to covid-19 many people lost their jobs and this made them have to find solutions to keep earning income, so they began to study crypto.
Actually it is also very good, because with the addition of beginners who study in crypto, it will certainly make crypto more famous by accident, even though it is also not easy for them to do, but it becomes a useful value for crypto.
If that really happens, it will be better for cryptocurrency in the future. With conditions like this, very likely for those who want to increase income to join the cryptocurrency. And if they are sure to study, they can be sure to fall in love with cryptocurrency.

They will time to learn crypto before they can start to earn money, and that can make them feel stress because right now, the situations are different than a few years ago. They need to learn hard to find a way that can help them to make money because the crypto market has already grown than before, and they need to search more and more to find those resources.



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May 11, 2020, 02:51:10 PM
 #53

because cryptocurrency is an investment that is also done online, so this is a good time for you to do it. because by sitting relaxed at home, you will get income by investing in cryptocurrency, both as a trader or as a bounty hunter

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May 11, 2020, 02:55:25 PM
 #54

because cryptocurrency is an investment that is also done online, so this is a good time for you to do it. because by sitting relaxed at home, you will get income by investing in cryptocurrency, both as a trader or as a bounty hunter
Being a bounty hunter, I do see most of the time that they're more for the complain and excuses rather than saying about the profit. The problem is not on their part but for the project that they have chosen.
Most projects are not that generous anymore because the capital that they have isn't from their own pocket but from the investors. And most of the promises they say, remains to be a promise.

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sayam
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May 11, 2020, 04:16:26 PM
 #55

I think the early attack of coronavirus caused a catastrophe in this crypto world. As a result, the price of Bitcoin & other top cryptocurrencies prices was dropped significantly. If this situation continued to take place, there would have been more disasters. But fortunately we were able to overcome this catastrophe.
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May 11, 2020, 04:17:24 PM
 #56

You can interpret in a way that suits you better, but I would say that this pandemic has done more harm than good for the cryptocurrency market. I am yet to see any increase in adoption or acceptability for the cryptocurrencies. On the other hand, it looks like a lot of the users are converting their coin holdings to fiat, in order to survive the difficult circumstances.
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May 11, 2020, 05:33:55 PM
 #57

I don't believe the pandemic COVID-19 played any vital role. in fact, I think it affected bitcoin deeply as well as it affected the traditional market. the fact that bitcoin is gaining value right now is just because of the fact that it has an upcoming halving event else we might have seen it at 2-1k

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May 12, 2020, 07:57:06 AM
 #58

The way I see it, you're wrong about this. You only got interested in investing your money in cryptocurrency because you have enough money I guess. But that's not the case for most people right now. There are lots of people who don't even have enough food not to talk of having extra money to put off as an investment. And in most countries there are those who have lost their jobs.

Most of my friends that came to me recently to teach them about cryptocurrency are not talking about investment, they are talking about making money right now with Bitcoin, and I told them it doesn't work like that. But I did recommend that there are other things they can do, like the bounty campaign, but that will also take time for them to build their account from newbie to at least junior level.

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May 12, 2020, 08:16:44 AM
 #59

The way I see it, you're wrong about this. You only got interested in investing your money in cryptocurrency because you have enough money I guess. But that's not the case for most people right now. There are lots of people who don't even have enough food not to talk of having extra money to put off as an investment. And in most countries there are those who have lost their jobs.

Most of my friends that came to me recently to teach them about cryptocurrency are not talking about investment, they are talking about making money right now with Bitcoin, and I told them it doesn't work like that. But I did recommend that there are other things they can do, like the bounty campaign, but that will also take time for them to build their account from newbie to at least junior level.

   TheGreatPython you are right, many people are without basic needs, what is worse is that some people lost their
jobs due this closing and now they are without any income. It's a struggle for surviving! You can teach them how to
start with crypto-currencies, bounties, faucets, PTC sites, writing articles on Publish0x or other platforms for that, now
there are many of them. Creating any social network account and building their followers base! Every start is hard,
but they need to start from there and learn about crypto-currencies, only way to skip all that is to invest a lot of money,
but as you stated many don't have starting investment!

   



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May 12, 2020, 08:47:16 AM
 #60

The way I see it, you're wrong about this. You only got interested in investing your money in cryptocurrency because you have enough money I guess. But that's not the case for most people right now. There are lots of people who don't even have enough food not to talk of having extra money to put off as an investment. And in most countries there are those who have lost their jobs.
It's true, OP seems to get interested because he has the capability to start investing in crypto. Which is actually different for most people, most of them are having difficulty to provide their needs like food, vitamins, and face mask.

Aside from that, crypto is yet to be legal in most countries yet, even if some people try to invest in crypto, they won't be able to use it because no one accepts it yet as their payment method.
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