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Author Topic: COVID-19 is helping to expand the crypto world  (Read 1192 times)
@baoli
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May 12, 2020, 09:19:02 AM
 #61

Apparently, covid 19 has  advertised crypto currency more. I see so many people getting involved with crypto currency now. People see this opportunity to use crypto to do transactions. Hitherto, if one still don't have money you can't invest in crypto.

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May 12, 2020, 09:36:37 AM
 #62

 yes many people realize that working from home is the key but how can they do it ? they try simple search but what they only see are click baits or site/app that are earning by thier visits and clicks  . finding online career is not easy , i know because i have gone thru it before i finally discovered cryptos   . in your case i feel that you already have an experience on crypto before so its not hard for you to get started or to come back on here   . still covid helps people to expand thier online knowledge or skills  
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May 12, 2020, 09:57:41 AM
 #63

That's correct, you are right about more people thinking of how to make ends meet thus seeing the crypto space as the best possible way to secure and take care of themselves. Also, I agree with you, because what matters to most people now is how to stay alive and crypto is there for them since this lockdown affected businesses and so on, hence one of the reasons there have been significant growth recently in the crypto space. In addition, this virus is not only making people invest in crypto, it is also making them to learn more skills that will benefit them offline.

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May 12, 2020, 10:18:03 AM
 #64

In fact, this is not a dangerous disease, it is only dangerous for the economy. there are many cases but many people have recovered, the virus is contagious and it aims to weaken the economy. so if everyone keeps money then the economy will only die faster. To successfully restart the economy, we need to invest safely. The money cycle needs to flow more to create more finished products for the economy. This is a good time to invest long-term in a particular stock or coin you like.


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May 12, 2020, 10:25:42 AM
 #65

In fact, this is not a dangerous disease, it is only dangerous for the economy. there are many cases but many people have recovered, the virus is contagious and it aims to weaken the economy. so if everyone keeps money then the economy will only die faster. To successfully restart the economy, we need to invest safely. The money cycle needs to flow more to create more finished products for the economy. This is a good time to invest long-term in a particular stock or coin you like.
well ofcourse there'd be some people who recovered, even most of pandemic before has quite the amount of people recovered although not as much as it is right now but it's still dangerous disease although it finally shows to people across the world that we actually are capable of doing things online instead of wasting time commuting far away just for thing as simple as meeting, hopefully people will switch to digital currency.

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SacriFries11
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May 12, 2020, 10:34:52 AM
 #66

I think investing for cryptocurrency is not the best time for people who haven't sufficient money to invest right now and not all people can't afford take the risk in the time of crisis. They still need a sustain profit in order to buy and pay their bills. Some people manage to invest since they have saving and consistent earnings even they stay at home. It's not easily to invest to cryptocurrency and just like any other investment, you need to learn a lot and know that you might lose if you can't take it seriously.
Some countries even accept btc and others not interested because of false accusation about it.

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May 12, 2020, 02:16:48 PM
 #67

Not all but possibly many have try out and learn what is cryptocurrency. Staying at home, we can expect people to only surf the internet and most likely finding jobs online. Cryptocurrency has long time already been with us, and this crisis make people realized that this is more useful on our current situation. This proves that cashless and blockchain works and helping some transaction even on our daily needs. Paying bills through blockchain, shopping food on some grocery that accept cryptocurrencies.

But they should be reminded how risky and volatile the market ans can make their investment here go down. But if their purpose is to use it then no problem. They can also learn trading that can gain them fortune if they know how to do already.


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May 12, 2020, 02:22:50 PM
 #68

Apparently, covid 19 has  advertised crypto currency more. I see so many people getting involved with crypto currency now. People see this opportunity to use crypto to do transactions. Hitherto, if one still don't have money you can't invest in crypto.
I just found that covid-19 made many people unemployed and miserable. And a lot of people have died of this virus. Hopefully Virus can be extinguished as soon as possible, I do not want them to grow and harm everyone. Also I do not see any positives from viruses for this market. It caused the market to collapse and become colder because investors did not dare to invest at the current stage
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May 12, 2020, 02:47:07 PM
 #69

Apparently, covid 19 has  advertised crypto currency more. I see so many people getting involved with crypto currency now. People see this opportunity to use crypto to do transactions. Hitherto, if one still don't have money you can't invest in crypto.
I just found that covid-19 made many people unemployed and miserable. And a lot of people have died of this virus. Hopefully Virus can be extinguished as soon as possible, I do not want them to grow and harm everyone. Also I do not see any positives from viruses for this market. It caused the market to collapse and become colder because investors did not dare to invest at the current stage
That is true, we are hoping that this pandemic as soon as it's over and we can run our activity normaly. And the important thing is the economic of the country will be run normally and make the unemployment can be work again. I heard there are a lot of companies who decided to give work termination especially in my country. Regarding the affect from this pandemic to crypto I'm sure it has given an affected.

The people who just stay home will have a free time to do something useful especially through internet. Like me, I suggest some of my friend to understand bitcoin and I said them that bitcoin can be made as side income during the lockdown. And most of them have spent their money to invest even they have got a profit when bitcoin price reaching the $10.000 a few days ago. That it means this pandemic has attracted new user to know bitcoin and having it.
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May 12, 2020, 02:48:06 PM
 #70

There a lot of time people can get to cryptocurrency even they don't want to invest yet to cryptocurrency, they still time to learn about it. Its the first step to get involve with it, it drives people to learn more about it. If they will find interested to it, they can immediately learn deeper about it and start to invest. People want to get profit even they stay at home and earning through crypto maybe the best way for them. I know we're in the age of technology where people want to do it by themselves and crypto trading is one of the way you can manage your own money.

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June 13, 2020, 03:50:36 PM
 #71

In my own thoughts, the keyword is "attention" covid-19 is channelling the attention to the crypto market because it has shown to be different from other markets. People can only invest in something when they pay close attention to it, now since businesses aren't moving as required they are now paying attention to every aspect of the crypto market thus knowing the best that suits them. This aspects per say can be trading, IEO investing and so forth; however irrespective of the fact people are looking for a good alternative, they should also endeavour to pay close attention to the risks, personal security etc.

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June 13, 2020, 04:04:56 PM
 #72

Apparently, covid 19 has  advertised crypto currency more. I see so many people getting involved with crypto currency now. People see this opportunity to use crypto to do transactions. Hitherto, if one still don't have money you can't invest in crypto.
I just found that covid-19 made many people unemployed and miserable. And a lot of people have died of this virus. Hopefully Virus can be extinguished as soon as possible, I do not want them to grow and harm everyone. Also I do not see any positives from viruses for this market. It caused the market to collapse and become colder because investors did not dare to invest at the current stage
indeed the covid outbreak that is currently circulating in various countries has a devastating effect on the world economy because it makes a lot of the prices of currency assets collapse and you have to know that many popes use that moment to buy as much coins as they can because they know the whales that prices do not always collapse.

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June 15, 2020, 09:35:34 AM
 #73

Covid19 made our lives miserable, many people died,many are struggling for losing their jobs. During lockdown it made us realized the value of crypto currency, through internet we pay our bills and buy some stuff,we send and receive money. And also people are getting interested to crypto world because they're trying to find extra income.
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June 15, 2020, 09:40:09 AM
 #74

Not all but possibly many have try out and learn what is cryptocurrency. Staying at home, we can expect people to only surf the internet and most likely finding jobs online. Cryptocurrency has long time already been with us, and this crisis make people realized that this is more useful on our current situation. This proves that cashless and blockchain works and helping some transaction even on our daily needs. Paying bills through blockchain, shopping food on some grocery that accept cryptocurrencies.

But they should be reminded how risky and volatile the market ans can make their investment here go down. But if their purpose is to use it then no problem. They can also learn trading that can gain them fortune if they know how to do already.


True! However, some people are wrong to believe that the pandemic is helping the market to bullish! It's true to say that the market is expanding due to the joins of many people when they stay at home. However, the pandemic has certain effects on all the economy and markets, not only the stock market but also the cryptocurrency market!

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June 15, 2020, 09:42:44 AM
 #75

Yes even me also away from crytpo currency from quite a lot time after covid19 i started search some online earning method finally i end up year where i am having years of experience now i am thinking to expand my knowledge as well as has to involve with community . It is the best place to learn and earn . even if your following the right news we can make good profit some times we will give insider news also in bitcointalk . Not only me even some of my friends started enquiring about crypto curreny investment after covid19

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LazerPanther
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June 15, 2020, 09:51:41 AM
 #76

Not all but possibly many have try out and learn what is cryptocurrency. Staying at home, we can expect people to only surf the internet and most likely finding jobs online. Cryptocurrency has long time already been with us, and this crisis make people realized that this is more useful on our current situation. This proves that cashless and blockchain works and helping some transaction even on our daily needs. Paying bills through blockchain, shopping food on some grocery that accept cryptocurrencies.

But they should be reminded how risky and volatile the market ans can make their investment here go down. But if their purpose is to use it then no problem. They can also learn trading that can gain them fortune if they know how to do already.


True! However, some people are wrong to believe that the pandemic is helping the market to bullish! It's true to say that the market is expanding due to the joins of many people when they stay at home. However, the pandemic has certain effects on all the economy and markets, not only the stock market but also the cryptocurrency market!
This market is very small compared to the stock market. Over the past few months I've seen the stock market collapse, but crypto has grown and went against the global situation. It is a positive news that people are believing in this market and many people are aware of it
kotajikikox
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June 15, 2020, 09:58:13 AM
 #77

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.

Yeah there are so many things and opportunity that has been locked by COVID19 but not along with this our dedication to find good ways instead of crying for help.

Quote

 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?  

We have been in this market for years now thats why our outview is different from yours,though we have same beliefs and trust in crypto but we use this mostly as a long term investment so what about your daily needs?this is what we are looking now so while we are holding our crypto we have other income that feeds our family.

cryptogeek101
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June 15, 2020, 09:58:58 AM
 #78

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?  

Corana Virus is a global pandemic that's ravaging the entire world,really many businesses are not functioning very well however we cannot continue to be idle without doing anything. That's why we need to engage ourselves with some online businesses which cryptocurrency is one of the options. I believe if you could carry a delligent study of some these crypto projects you would definitely get the right project to invest on.

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smyslov
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June 15, 2020, 10:27:20 AM
 #79

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?  

I don't recommend people investing because of the Corona virus or because people say there is financial breakdown, I will just tell them to invest because they understand the advantages and disadvantages of this new technology, not only to make money but to use it when there are options to use Cryptocurrency.
kentrolla
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June 15, 2020, 05:02:08 PM
 #80

You are partially right Cool crypto is giving opportunity as well as scarity too.

I think COVID-19 too played a major role on the disappointment of BTC Halving there are two sides of a coin so we can't exactly say COVID-19 helped to increase the popularity. By the way there are many positive side with COVID-19 where many of them get use to it in near future.









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