COVID-19's "New Normal" is Creating Opportunities in Crypto

[ActAshton]

IT'S OBVIOUS: "In the current global economic recession, individuals and institutions have been turning away from traditional assets and seeking opportunities in cryptocurrency." WHY?!

"The pandemic has been a challenge for everyone, but it has created many opportunities for us in the blockchain industry. In most industries, sales vectors are declining, as bankruptcies and layoffs rule the day. But companies in the crypto and blockchain space have been expanding, hiring, and applying for new licenses."

Wise words from Digifinex's Kiana Shek. Opinions matter, as long as their helpful.

Ask yourself: "what is the pandemic coming to?" Are we seeing an increase in opportunities throughout the digital realm we live in or do we find ourselves stuck in a rut, not being able to figure out what is next to come? Will we see additional lockdowns for the remainder of 2020? Will the crypto space still offer the same opportunities as they do now? Think of this situation as the outro to the tootsie-pop commercial: how many licks does it take to get to the center of the tootsie-pop? The world may never know.

The world may never know what is going to happen next or what opportunities come our way. The best advice is to stay consistent in whatever you're good at and keep that pig-headed discipline. 

Read more: https://cointelegraph.com/news/in-covid-19s-wake-the-new-normal-creates-crypto-opportunities

Photo Courtesy of CoinTelegraph

Throughout the last 4 months, I, personally have been able to start a successful firm based on the knowledge I've obtained in the last 5 years of being in this beautiful, stressful industry. Sitting in quarantine made me think about what to do next. I was working for a crypto-friendly bank and a big-time media outlet that I felt was a waste of time and as I sit there, I wonder what move is made next. It was time to take this situation (some say opportunity) into my own hands and be my own boss.

Now I'm the 3rd richest man in the world and travel to the most beautiful places around- click here to find out more! (KIDDING. DEFINITELY NOT ONE OF 'THEM").

With all of that being said, my advice to you, cryptoneurs, is to stay positive in this emerging industry. Wherever you are, whatever mindset you have, just know that you can take this time to really hunker down and figure out what you like. It will make you much happier and productive- ask any successful entrepreneur, like Kiana. Stay focused and stay grinding! Talent is evenly spread but opportunities are not. 

Take this time and make it your [fill in the blank]...

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[ActAshton]

Don't forget to vote and share some opportunities that you took or maybe missed out on! I would love to hear some quarantine stories from the community.

[sapta]

I was working with a bunch of new crypto startups then the pandemic hits me right in the face. Some of the startups hasn't paid me for the work I did for them. It sucks, but then it opens an opportunity for me to work with more established company/startup.

Before that, I fill myself with new stuff, learning new things, even trying to remember what I always did back in 2013 when the first time I know Bitcoin. Even though my finance is not yet back to normal, I learned myself a thing or two.

Would love to hear story from others who got impacted by this pandemic, specially those who work in the industry.

[ActAshton]

I was working with a bunch of new crypto startups then the pandemic hits me right in the face. Some of the startups hasn't paid me for the work I did for them. It sucks, but then it opens an opportunity for me to work with more established company/startup.

Before that, I fill myself with new stuff, learning new things, even trying to remember what I always did back in 2013 when the first time I know Bitcoin. Even though my finance is not yet back to normal, I learned myself a thing or two.

Would love to hear story from others who got impacted by this pandemic, specially those who work in the industry.

Well put.

Sapta, you've got a very valuable skill set to offer. You should set your primary focus with businesses that are just as high-end as you.

[davis196]

Whenever I see the word "opportunity",I immediately start to think about scams...
Opportunity seems like a pretty vague term.What do you mean by "Opportunity"-crypto startup projects,where someone could invest or job opportunities?
In the current recession,it will be pretty difficult to create a successful crypto startup.Most of the investors are running away from high risk projects,so you won't get funding and probably you won't get any customers.
The economic situation forces more people to stick with what they are already familiar and what is considered safe.Risk takes and innovators will have a hard time achieving their dreams and goals.

[AniviaBtc]

During this pandemic, while we are in a quarantine or lockdown, I manage to observe the market and wait for some movement in market price. I prioritize my bitcoin and ETH because they made me grow in using them in the market. This "New Normal" is not that easy to adapt, but what can we do if we have nothing against this pandemic but to prevent ourselves from getting them.

Digital currency or cryptocurrency is what we need and we should focus on right now.

Also, this quarantine will give us opportunity to explore more assets or altcoins that we never hold before. There are a lot of opportunities for us to make profits using other coins that can give us hope when we are still suffering from financial crisis. Hopefully, after this pandemic, we can promote the use of bitcoin and the cryptocurrency community should increase and grow more.

[Beparanf]

Having more time to monitor trading in these Pandemic is the silver lining I see during quarantine, however I only do small trading since there is a doubt that I might overused the money that is needed by the next extension months of the quarantine but every little amount helps in during that months that I do day trading.
I also take advantage now signature campaigns which I don't focus before pandemic, more casinos were active in doing campaigns here as the demand of people playing online now is rising.
Though, this Pandemic really damage a lot of businesses we hope that we can still find ways to earn.

[Heart18]

Maybe true.
There's a lot of opportunities here, if we just have all the knowledge in cryptoworld. As for me, i began to be very active here from the start of lockdown and home quarantine days until now and also sell some items online for our daily living.
Its a strange time, yet, quite perfect for crypto jobs like bounty campaigns to earn,  trade and invest.

[ActAshton]

During this pandemic, while we are in a quarantine or lockdown, I manage to observe the market and wait for some movement in market price. I prioritize my bitcoin and ETH because they made me grow in using them in the market. This "New Normal" is not that easy to adapt, but what can we do if we have nothing against this pandemic but to prevent ourselves from getting them.

Digital currency or cryptocurrency is what we need and we should focus on right now.

Also, this quarantine will give us opportunity to explore more assets or altcoins that we never hold before. There are a lot of opportunities for us to make profits using other coins that can give us hope when we are still suffering from financial crisis. Hopefully, after this pandemic, we can promote the use of bitcoin and the cryptocurrency community should increase and grow more.

How is trading going for you? BTC has been very unpredictable after following the traditional finance crash, but with a strong bounce back to a $9k support.

I personally cannot focus on the price. Love the volatility but not the stress...

[ActAshton]

MOREOVER- if you're comfortable, maybe state where you're from and how being domiciled in your country has affected your ability to find opportunities.

[Finestream]

I am enjoying the opportunity to work online despite of the fact that unemployment rate is high now, I want to call myself blessed and lucky at the same time. The market seems looking good, quite stable for a while, so I like to assume that crypto market are affected positively with the covid-19.

AFAIK, crypto casinos have increase their revenue during this time as people can't go into a land based casino, so that alone is already a success and opportunity for some who like to take advantage of this, with that, when more casinos will operate, more jobs will also be created in the crypto space, so that again is another opportunity for people seeking for a job.

[Kemarit]

I am enjoying the opportunity to work online despite of the fact that unemployment rate is high now, I want to call myself blessed and lucky at the same time. The market seems looking good, quite stable for a while, so I like to assume that crypto market are affected positively with the covid-19.

I am used to work from home before, so I'm not new to this, however, once or twice a week I have to report to office. But in the last couple of months, everything is done online, so yes, we are still blessed that we still have work despite the Covid-19.

AFAIK, crypto casinos have increase their revenue during this time as people can't go into a land based casino, so that alone is already a success and opportunity for some who like to take advantage of this, with that, when more casinos will operate, more jobs will also be created in the crypto space, so that again is another opportunity for people seeking for a job.

Crypto casinos is one, and I think not only crypto has created a lot of opportunities, but people really tend to go online now. So everything that you needed can be purchased you just need some apps that recognized crypto/fiat then you are good to go.

[stompix]

Wise words from Digifinex's Kiana Shek. Opinions matter, as long as their helpful.

Yeah yeah
Ask somebody who is invested in oil what he thinks about electric cars and he will tell you he doesn't know anybody who bought one

Consensys blames COVID-19 for layoff of 90 employees
Layoffs at Blockchains LLC could delay 67,000 acre "smart city"
Crypto custody firm BitGo has laid off 12% of its workforce
Blockchain trade finance platform we.trade makes lay off
and more

Do you think just because your business online you will profit from the pandemic?
Wow, you sell things online, you provide online services, you are safe...until..
Until your clients who work in pubs, restaurants, hotels are laid off and they have no more money to pay you and you go bankrupt!

[Chrystora123]

Crypto space will continue to provide opportunities, just how do we find that opportunities..  working patiently and consistently at this time will enable us all to get through this difficult time until the vaccine is truly found, the hope will always be there..

Before that, I fill myself with new stuff, learning new things, even trying to remember what I always did back in 2013 when the first time I know Bitcoin. Even though my finance is not yet back to normal, I learned myself a thing or two.

Would love to hear story from others who got impacted by this pandemic, specially those who work in the industry.

learning new things in this "pandemic" period is a good thing..  

[ActAshton]

Wise words from Digifinex's Kiana Shek. Opinions matter, as long as their helpful.

Yeah yeah
Ask somebody who is invested in oil what he thinks about electric cars and he will tell you he doesn't know anybody who bought one

Consensys blames COVID-19 for layoff of 90 employees
Layoffs at Blockchains LLC could delay 67,000 acre "smart city"
Crypto custody firm BitGo has laid off 12% of its workforce
Blockchain trade finance platform we.trade makes lay off
and more

Do you think just because your business online you will profit from the pandemic?
Wow, you sell things online, you provide online services, you are safe...until..
Until your clients who work in pubs, restaurants, hotels are laid off and they have no more money to pay you and you go bankrupt!

Solution: stick to working with technologically advanced companies 

[TheGreatPython]

There are new opportunities being created everyday during this pandemic, and some companies are now working remotely so that their employees can work from their homes. One thing I have noticed is that most of the jobs I am seeing these days that are being done remotely are jobs that has to do with software engineering. There are also other jobs, but none of them are up to the level of jobs that the engineering space provides.

It’s good to take this time and learn other skills, whether it’s copywriting skills, web and app developing, marketing skills and every other skills you think will be useful at this time. Although that doesn’t change the fact that there are still important jobs that can’t be done online.

[ActAshton]

There are new opportunities being created everyday during this pandemic, and some companies are now working remotely so that their employees can work from their homes. One thing I have noticed is that most of the jobs I am seeing these days that are being done remotely are jobs that has to do with software engineering. There are also other jobs, but none of them are up to the level of jobs that the engineering space provides.

It’s good to take this time and learn other skills, whether it’s copywriting skills, web and app developing, marketing skills and every other skills you think will be useful at this time. Although that doesn’t change the fact that there are still important jobs that can’t be done online.

Those running charities and non-profits during this time will truly flourish when this ends. It's all about long term plays here and working with like-minded individuals.

I've also noticed a lot of jobs coming up in emerging industries eg AI, e-learning platforms, e-commerce, the list goes on.

[Josefjix]

You have highlighted the best things in the lockdown so far though it's killing people; I've earned 13 merits so far during the lockdown and it's a great achievement for me.. I've made lesson plans to extend the teaching of blockchain to my neighborhood when the lockdown is lifted which I will definitely do once it's lifted. I think these are the two things I've achieved so far, hoping for more to come.

[Rengga Jati]

...The world may never know what is going to happen next or what opportunities come our way. The best advice is to stay consistent in whatever you're good at and keep that pig-headed discipline. ..

During this pandemic, the are only two things that my parents always ask me and my little family in out-of-town. They are
1. Are you healthy all?
2. Do you have money for food?
It is simple and makes sense. They feel afraid if their children cannot eat anything and lack of the money so that we will be very suffering in this town. We have no siblings or other families here and we cannot ask for help to others because they also feel the same.
Yeah, the questions are very real because they know that many people are jobless during this pandemic.
But, through this crypto world, fortunately my little family and I can really get earning enough for our necessities during this pandemic and help some for others.
I cannot imagine if I don't know abut this online activities, this crypto world, I probably will turn to be very suffering during this pandemic.
And here, because of the earning from crypto and other online activities, we can prove that job is not only at the office, wearing uniform and also working in our. Working online is also worthy to do and it is also very valuable even in this pandemic. So, it is better not to underestimate online job like this.
I'm also pretty sure that many more people will be realized the significance of the digitized system.

[abhiseshakana]

My custom before and during the Chinese New Year is buying shell stock to be exported after the Chinese New Year ends with the destination markets are China and Vietnam and for regular customers. But this year due to the pandemic, the warehouse is full of about 60 tons of shells. Some buyers who do not actually end users postpone purchases. Realizing that silence was not a solution, and even though it seemed that the economy was stopping but our efforts could not be stopped. I finally tried to find a new buyer and offer shells in the warehouse, as a result, I found an end buyer (factory) interested in buying raw materials, and I managed to get a contract offering shells as much as 260 tons per year & the initial export was done at the end of June, unfortunately my capital is very limited even less, but I'm sure where there is a will there is a way.

During the pandemic, I also gave a brief training on cryptocurrency to my wife and several interested colleagues. The phenomenon that occurs in my country is, since the pandemic emerged, many mothers have started selling online, especially the food they cook themselves.