This is a total nightmare

[deisik]

About 3-4 years ago I decided I do not want to do that anymore and moved to another business, now I am working freelance and I am feeling much better about it, there wasn't any national or global crisis, I just wanted to change and I did. So, I support OP if he wants to change as well

IT isn't looking very promising these days

The space is massively overcrowded, and the decision to move to something else seems to be a right choice, especially when you are still young, say, under 35 years old. Indeed, there's no rule without an exception, and if you are offering some local services (I dunno, maybe network stuff or in-house developing) or taking a very specific niche (you know, without "the cheap Hindu element in it", yet), then you should probably stay. For a few more years, wasting the precious time of your life, until it is too late to change your career path

[kemoglo]

Maybe all these are false signals. Pointing to higher inflation when in fact a tsunami of deflation is on the horizon?

Some people really have no grasp of devaluation, specially on the more stable economies of the world (read: USA), it's easy to forget how bad inflation can get when you've never personally experienced it in a significant manner. Now I know the USD has steadily inflated over the years, but it's slow enough for people not to notice the harm it can cause, and makes it hard to gauge how different things were, specially with all the new technologies that come up, it always feels things are going forward at a steady pace and they don't care much about the economic side of things.

I wonder what pointers you use to call a deflation is on the horizon, I've been hearing for months about how many economies will crash, I'm no economy expert but I've lived through several economic depressions in my home country which gives me just a tad more perspective, but not enough to call future behaviors of things.

[exstasie]

Whoa, I hadn't noticed gold just hit a new ATH against the USD. Risk assets are looking bullish as hell.

Gold's ATH was 40 years ago. That is adjusting and accounting for inflation which I'm told is the entire point of gold. If you'd piled in in 1980 you'd still be waiting to break even. This is why it doesn't cause me to thicken and engorge.

It wasn't a comment about the effects of inflation.

A new ATH = a technical breakout on the chart after a decade of consolidation. The point is a range breakout has occurred and gold prices are set to trend significantly higher. The chart looks an awful lot like mid-late 2009.

Markets range 80% of the time and trend only 20% of the time. If you hold gold during its historic uptrends, you'll beat the hell out of inflation, no question.

[shoreno]

This is a total nightmare

BTC is now above 10200 usd ( How in the hell is going to buy btc ? if no one will have money to buy )

I think i am moving from IT to agriculture (as i got some land ... ) ,there is no way my IT biz will survive like this ...

I think everyone can buy bitcoin at any price because they can buy a fraction of 1 bitcoin. Bitcoin is used not only for investment. People use it to send money. They can buy according to the invoices they want to pay at any price. Bitcoin is safe electronic money, especially in the middle of a pandemic, while paper money transmits the disease. One of the potentials of bitcoin.

How are you going to buy BTC if no income is coming ? To buy BTC you must have a source of income (work etc) ...now the market is dead ...hope it gets better

he said he is going to agriculture and he can earn profit with it to continue buying bitcoin if he wants to continue his bitcoin career  .  other user said that bitcoin can be bought in pieces , we can afford bitcoin at any cost  . its impossible that you wont have a money because there are so many ways to earn  . you can even beg to your parents for some bucks and thats enough to buy a bitcoin  . market isnt dead and wont be because thats a total disaster if thats happen .

[lucky80]

This is a total nightmare

BTC is now above 10200 usd ( How in the hell is going to buy btc ? if no one will have money to buy )

I think i am moving from IT to agriculture (as i got some land ... ) ,there is no way my IT biz will survive like this ...

I think everyone can buy bitcoin at any price because they can buy a fraction of 1 bitcoin. Bitcoin is used not only for investment. People use it to send money. They can buy according to the invoices they want to pay at any price. Bitcoin is safe electronic money, especially in the middle of a pandemic, while paper money transmits the disease. One of the potentials of bitcoin.

How are you going to buy BTC if no income is coming ? To buy BTC you must have a source of income (work etc) ...now the market is dead ...hope it gets better

You can buy a fraction when you need it to pay someone. If you don't have a source of income, then you don't need it. Buy food, mask, and hand sanitizer. Stop posting unimportant statuses and questions on social media to cut your internet bill.  Don't forget to turn off your lights or use candles to save the electricity cost. When you have extra money, then buy a buck or two and keep the bits until the last halving occurs. Investment is something that you can't force from your stomach nutrient.

[rodskee]

-Snip-

-Snip-

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he said he is going to agriculture and he can earn profit with it to continue buying bitcoin if he wants to continue his bitcoin career  . 

In any ways that there's possibilities to earn as this pandemic really
affecting everyone's life.

other user said that bitcoin can be bought in pieces , we can afford bitcoin at any cost  .

You can buy bitcoin in satoshi, means that you are correct you can
have piece by piece.

its impossible that you wont have a money because there are so many ways to earn  .

you can even beg to your parents for some bucks and that's enough to buy a bitcoin  .

Hahaha, practical if you are really aiming to invest, you can do things
like this just don't do any illegals.

market isn't dead and wont be because that's a total disaster if that's happen .

It won't happened unless there's really a big problem that affects the entire
industry.

[radjie]

This is a total nightmare

BTC is now above 10200 usd ( How in the hell is going to buy btc ? if no one will have money to buy )

I think i am moving from IT to agriculture (as i got some land ... ) ,there is no way my IT biz will survive like this ...

I think everyone can buy bitcoin at any price because they can buy a fraction of 1 bitcoin. Bitcoin is used not only for investment. People use it to send money. They can buy according to the invoices they want to pay at any price. Bitcoin is safe electronic money, especially in the middle of a pandemic, while paper money transmits the disease. One of the potentials of bitcoin.

How are you going to buy BTC if no income is coming ? To buy BTC you must have a source of income (work etc) ...now the market is dead ...hope it gets better

he said he is going to agriculture and he can earn profit with it to continue buying bitcoin if he wants to continue his bitcoin career  .  other user said that bitcoin can be bought in pieces , we can afford bitcoin at any cost  . its impossible that you wont have a money because there are so many ways to earn  . you can even beg to your parents for some bucks and thats enough to buy a bitcoin  . market isnt dead and wont be because thats a total disaster if thats happen .

if this is the case by choosing another path to agriculture to be productive in order to make money, I think this is not the wrong decision made by the op even though from IT to agriculture is very different, the most important thing is that he can overcome the problem and can continue to provide for his family in any way.


the market will certainly not die while there is still trading activity in it, although lately Bitcoin has increased, everyone is free to buy Bitcoin at any price range

[Mauser]

This is a total nightmare

Gold is now 1941.25 usd today
Euro value is increasing against the USD ...
What this means is that soon i will have to increase my prices to 5-10%...
BTC is now above 10200 usd ( How in the hell is going to buy btc ? if no one will have money to buy )
Govs are putting us out of business ...


I think i am moving from IT to agriculture (as i got some land ... ) ,there is no way my IT biz will survive like this ...

Don't forget that basically all major governments around the are printing money. The dream if the politicians would be if all people take out loans at nearly 0% interest rates and start investing. I think that everyone here on the forum realizes that the current price levels don't reflect the state of the economy. The aftermath of corona are not fully known because there is still no vaccines yet.
So if you have spare cash and want to invest in crypto currencies I would still think about buy atleast some. There might be a price drop coming for bitcoins if corona intensifies. But in the long run there is no upper limit for the price.

[deisik]

A new ATH = a technical breakout on the chart after a decade of consolidation. The point is a range breakout has occurred and gold prices are set to trend significantly higher. The chart looks an awful lot like mid-late 2009

There's another point worth mentioning

If we agree that the current dynamic looks pretty much like mid-late 2009, we mustn't discard what happened a few years later. That is to say, we should also envisage a crash followed by another decade of painful consolidation through most of 2020's

Markets range 80% of the time and trend only 20% of the time. If you hold gold during its historic uptrends, you'll beat the hell out of inflation, no question

Somehow, I thought you should have sold out at the peak of a historic uptrend and bought back at the bottom of a downtrend no less historic in order to actually beat inflation. Then no questions would be asked, indeed

[samputin]

<...>

Look, I also forced to close my business temporarily, and what I said to my stakeholders was, "try to survive this pandemic by any means necessary, and we will come back stronger than before." In other words, there's an option to stop the business temporarily, not to change direction permanently.

Wow, that last part was amazing. Very well said, dude. And I agree with that. This pandemic have affected and continues to affect all of us regardless of what you do in life. Maybe, for a while, shifting to a different field is an option in order to survive. Many have lost their jobs and a side hustle would be a great help in this trying time. But drifting away from your original work or business is not that easy unless you are really decided to shift career. After all, we're in the digital era. IT-related business would always be in demand. Agriculture would never go out of style, too. So maybe you can do both. Enrich your land but not necessarily leaving that IT side of yours.

[SacriFries11]

You do understand that a) you are not the only one in a similar situation b) it will not end soon
And instead of crying that everything is lost, it's better to pull yourself together and be together - this is the only way to successfully survive all this.
I'm sure you'll be all right too

I agree but this will totally take some time to be able to come back. A lot of business are been closed already. Vaccine need to be release immediately but the real score about the vaccine will take place by the end of the year. IT industry seems to be back on their normal situation since IT sector can able to work from home and can be able to prove important things to their employees.
I’m more worried about the situation of workers not be to work like public utility drivers, construction workers and other workers lose their job. There the one who totally in nightmare right now.

[bits4books]

You do understand that a) you are not the only one in a similar situation b) it will not end soon
And instead of crying that everything is lost, it's better to pull yourself together and be together - this is the only way to successfully survive all this.
I'm sure you'll be all right too

I agree but this will totally take some time to be able to come back. A lot of business are been closed already. Vaccine need to be release immediately but the real score about the vaccine will take place by the end of the year. IT industry seems to be back on their normal situation since IT sector can able to work from home and can be able to prove important things to their employees.
I’m more worried about the situation of workers not be to work like public utility drivers, construction workers and other workers lose their job. There the one who totally in nightmare right now.

Exactly!
All this whining of modern white-collar workers is no longer even funny. Guys sit at home and write their shit-code from the sofa while drinking a decaf latte with almond milk and confidently talk about how bad they are when they are ordinary hard workers (without which there would be no this parody of milk, nor its technology, and much more) are now really much worse off. As in the joke where the rich man was upset that he could not buy another yacht because it would have to buy a personal port, and an ordinary man is happy with fresh vegetables for dinner.

[bitcoinisbest]

<...>

Look, I also forced to close my business temporarily, and what I said to my stakeholders was, "try to survive this pandemic by any means necessary, and we will come back stronger than before." In other words, there's an option to stop the business temporarily, not to change direction permanently.

Wow, that last part was amazing. Very well said, dude. And I agree with that. This pandemic have affected and continues to affect all of us regardless of what you do in life. Maybe, for a while, shifting to a different field is an option in order to survive. Many have lost their jobs and a side hustle would be a great help in this trying time. But drifting away from your original work or business is not that easy unless you are really decided to shift career. After all, we're in the digital era. IT-related business would always be in demand. Agriculture would never go out of style, too. So maybe you can do both. Enrich your land but not necessarily leaving that IT side of yours.

This is a phase where only survival is necessary rest of the things can wait or we need to hold it. So that we can bounce back rather than falling apart now. This is a time where we need to become more stronger, start to think of alternate or how can we change the things we are doing to become more efficient or add something new to it so that at the time of re-opening we will have something new to offer as well.

[Shasha80]

Corona pandemic really makes us suffer, this is indeed a nightmare for most people. I agree with you, even I come from
an Asian country, which for IT projects is indeed valued very low. Luckily I have started an agriculture business since the
beginning of 2019, so this year I have got the results. It's not easy to do business in agriculture, it takes patience for
can be successful. I just when it took 6 months to be able to get profits from the agriculture business.

[shield132]

I think i am moving from IT to agriculture (as i got some land ... ) ,there is no way my IT biz will survive like this ...

What technologies are you working with? IT is very broad and anecdotally IT seems to be one of the sectors that's least affected by the pandemic. If you're in events or tourism, then you're fucked, but IT seems to be fine for the most part.

IT is not only the least affected in a bad way but in reality Covid has really positive effects on it, especially on web development. During this pandemic, a lot of companies were trying to move on online services and a lot of companies made new websites, apps, softwares and so on. Demand on web development was very high and I see a lot of vacancies posted asking for IT developers. But idk what's happening around to this guy, I remember he created a thread Business / private sector is dead and had the same dissatisfaction around IT (including blockchain development too).

Agriculture business is great too, especially Bio/Organic Products as you have less competition in this field. But it needs good time and investment.

[South Park]

I think i am moving from IT to agriculture (as i got some land ... ) ,there is no way my IT biz will survive like this ...

Wrong move . Don't move but do it both. If you need manpower to do it then do it just don't give up your IT business because what is happening right now is just temporarily. Even the recent pump right now of the assets are just temporarily .

Can you share what is your IT business too and your possible business in agriculture if you may only so we have an idea. The demand for IT goes high as years go by but still it depend on what business you are right now in IT industry. Anyways, good luck with your transition if you will continue it and take note that nothing lasts forever . This will end so think wisely.

I agree, this is an endurance test there are many companies that are going to disappear and there will be a lot of people that give up but once this is finally over those that remain standing will receive the benefits of less competition and more profits as people go back to their old spending habits, and you want to be there to take advantage of those circumstances, I am sure that anyone that gives up now on whatever business they have will surely regret it down the line.

[darewaller]

I have seen you a lot in the forum spy100 and I actually like the thread you have made in the services section but from my honest opinion you need to just learn some marketing skills, I have seen more talented users not getting the job while someone with less talent grabs that opportunity because of the way how they present their services and how they communicate. I am not at all saying you are not good in communication, I actually never worked with you, so how would I basically know.

What I mean to say it, you should create a attractive website because believe me while you will get some projects because of your thread in the forum but you need some website and stuff to attract customers globally.

I do like your work and you made a challenge recently about a particular BOT and if someone can bypass it, right? I like what you are doing and hopefully you get more business and don't change your line just because of tough times.

[Sanugarid]

<...>

Look, I also forced to close my business temporarily, and what I said to my stakeholders was, "try to survive this pandemic by any means necessary, and we will come back stronger than before." In other words, there's an option to stop the business temporarily, not to change direction permanently.

Wow, that last part was amazing. Very well said, dude. And I agree with that. This pandemic have affected and continues to affect all of us regardless of what you do in life. Maybe, for a while, shifting to a different field is an option in order to survive. Many have lost their jobs and a side hustle would be a great help in this trying time. But drifting away from your original work or business is not that easy unless you are really decided to shift career. After all, we're in the digital era. IT-related business would always be in demand. Agriculture would never go out of style, too. So maybe you can do both. Enrich your land but not necessarily leaving that IT side of yours.

I have to agree switching from one another is not easy especially if you are already established with it you can't get enough what you need if you will jump out instantly. Like online businesses right now, As I notice to my daily feed on social media, those businesses who already has an online option are getting a lot of orders/customers unlike those who just started during the pandemic, worse is that they only have a few people noticing that they have an online business. As for businesses theses days, technology based businesses is growing like computer and accessories since the new normal will be mostly available online. IT degree holders will have many direction on where they want to excel to.

[el kaka22]

First of all, when there is a hiring, it is wildly known that they overask for stuff, they ask for 8 year experience in a 3 year old technology, they ask for a lot more stuff than they actually need, and there is 2 reasons for that.

First of all, the HR is asking these stuff, not the tech department I have been involved with an interview like that where they asked someone to be basically master of SQL of any kind, and I mean like literally master, has to be doing that all his life for a very long time, I went there saying "I have never worked any SQL job in my life, but I know how to use it as a hobby" and got the job, can you think of the difference? Like someone who has done it for 10+ years was asked and they hired a guy who never done it professionally. Secondly when you apply, they do not look if you fit that description or not, they look at all the people who applied, and pick the best CV out of all applied people.

[yulchatar]

A big plus of agriculture is that you can feed yourself and your family with quality products. And if you will do everything right and you have enough capital, then you can also sell what you have grown. I think you also will have time for your design services.