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Author Topic: Covid 19 shows how weak People are in the it mind  (Read 1194 times)
cryptoboss2020 (OP)
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August 27, 2020, 08:40:05 AM
 #1

This covid 19  shows how weak People are in their mind instead of complaining everyone need to Think how They can benefit from this new situation.

Stop complaining and see this as Opportunity!

We have now more Opportunities then ever before!
I think this covid 19 is good time.
The banks giving now even more money!
And You do not need to worry about paying back loans just wait for 7-10 years and debt will expire.

There is so many Opportunities now
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August 27, 2020, 08:51:01 AM
 #2

There is so many Opportunities now
The only opportunity I can think of this time is investing/hedging your money in non-inflationary assets like Bitcoin, gold, silver; there is actually limited opportunities in the world atm, unemployment rates have spiked to new record heights, even in the U.S. Businesses are struggling with generating income and the economy is in distress, if you're talking about opportunities, I'll only recommend averting your currency devaluation from affecting you by putting some of your assets in either gold or Bitcoin, there have been so much money printing all over the world and it's going to devalue fiat currencies in the long/short term.

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cryptoboss2020 (OP)
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August 27, 2020, 10:50:42 AM
 #3

There is so many Opportunities now
The only opportunity I can think of this time is investing/hedging your money in non-inflationary assets like Bitcoin, gold, silver; there is actually limited opportunities in the world atm, unemployment rates have spiked to new record heights, even in the U.S. Businesses are struggling with generating income and the economy is in distress, if you're talking about opportunities, I'll only recommend averting your currency devaluation from affecting you by putting some of your assets in either gold or Bitcoin, there have been so much money printing all over the world and it's going to devalue fiat currencies in the long/short term.




bitco and gold are opportunities
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August 27, 2020, 11:53:35 AM
 #4

The banks giving now even more money!
And You do not need to worry about paying back loans just wait for 7-10 years and debt will expire.

How?

Would you mind explaining instead of just throwing out the thought?

I am sure a lot of people here have long term debts like mortgage. I don't see them expiring! So need to understand what you are referring to!

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August 27, 2020, 12:19:34 PM
 #5

We have now more Opportunities then ever before!

I would not think it as an opportunity that more people are losing their jobs and their livelihood because of this pandemic. In fact it only results to dismay and insecurities especially on those who have a family to feed.


The banks giving now even more money!

Could you please cite an example because as far as I know, the world is on crisis right now and so are the banking industry which means there could be billions of dollars of loans that might default over the next few months should this pandemic goes on and its inappropriate that banks will shelve out cash for loans right now especially on those developing economies knowing it would be critical to have huge cash reserves should this pandemic shows no sign of slowing down.


And You do not need to worry about paying back loans just wait for 7-10 years and debt will expire.
There is so many Opportunities now

Even if people could have loans easily, few will venture into setting up businesses because the economy is slowing down that is why we see thousands of business establishments have ceased to operate because they are losing big time due to high operating costs and low revenue which could lead to loan defaults and ultimately to bankruptcy that is why it makes no sense right now to borrow money to set up a business that could eventually lose in this time of pandemic.
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August 27, 2020, 12:33:05 PM
 #6

This covid 19  shows how weak People are in their mind instead of complaining everyone need to Think how They can benefit from this new situation.

Stop complaining and see this as Opportunity!

We have now more Opportunities then ever before!
I think this covid 19 is good time.
The banks giving now even more money!
And You do not need to worry about paying back loans just wait for 7-10 years and debt will expire.

There is so many Opportunities now
Relying on the debt being relieved is an extremely risky strategy. Moreover, barely anyone has more opportunities now. Many have lost their jobs fully or partially, some restrictions are still in place (not to mention personal health risk considerations), so starting offline stuff is not a good idea. As for Bitcoin, while it could theoretically gain from the situation and become more widely accepted as cashless payments are strongly recommended, this did not happen. Visa/Mastercard are doing just fine, and the merchants are thus not motivated to try accepting new payment methods.

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August 27, 2020, 01:44:05 PM
 #7

This covid 19  shows how weak People are in their mind instead of complaining everyone need to Think how They can benefit from this new situation.

Stop complaining and see this as Opportunity!

We have now more Opportunities then ever before!
I think this covid 19 is good time.
The banks giving now even more money!
And You do not need to worry about paying back loans just wait for 7-10 years and debt will expire.

There is so many Opportunities now

I was waiting to see the list of the opportunities that you have identified to be shown to us but alas nothing of such is happening. You mentioned about the free money from banks but I am sure you only focused on the country you are resident to conclude that there is free money from from there and even the loan that you mentioned should expire in 7 years but you forgot that its only possible in the rich countries because they have the structure in place to ensure that unless you don't have any means to pay, in 7 years, you should be forgiven of your loan but the same cannot be said of those living in the low countries because in those countries, even free meal in this pandemic is a far fetch objective talkless of getting free money.
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August 27, 2020, 01:52:24 PM
 #8

There is so many Opportunities now


That could be true, if opportunities are intrinsically created when new problems arise that must be solved. We certainly have many problems at the moment.

There will definitely be those who will create an app, a website, a company or something that addresses issues stemming from the corona virus pandemic. Like the 17 year old who created a world famous corona statistic tracking website who later turned down more than $1 million dollars in ad proposals.

I guess the biggest issue is large retailers like target and walmart are innovating and extending operations to solve most of the common sense issues relating to the pandemic. They've unrolled a service called shipt which delivers groceries and product to peoples homes, while extending existing services to include testing for the virus. Those trends consume many of the financial and business opportunities the pandemic produces.

There may still be business opportunities available for home education and related sectors. Schools closing could produce opportunities for tutoring and home based internet education.

In that sense, there could be options available out there. Are they good options though.
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August 27, 2020, 01:54:29 PM
 #9

This covid 19  shows how weak People are in their mind instead of complaining everyone need to Think how They can benefit from this new situation.

Stop complaining and see this as Opportunity!

We have now more Opportunities then ever before!
I think this covid 19 is good time.
The banks giving now even more money!
And You do not need to worry about paying back loans just wait for 7-10 years and debt will expire.

There is so many Opportunities now

I was waiting to see the list of the opportunities that you have identified to be shown to us but alas nothing of such is happening. You mentioned about the free money from banks but I am sure you only focused on the country you are resident to conclude that there is free money from from there and even the loan that you mentioned should expire in 7 years but you forgot that its only possible in the rich countries because they have the structure in place to ensure that unless you don't have any means to pay, in 7 years, you should be forgiven of your loan but the same cannot be said of those living in the low countries because in those countries, even free meal in this pandemic is a far fetch objective talkless of getting free money.



That's Why love  USA Canada uk  its free money Smiley 
A lot Opportunities there you can use bank money for equity property Investment.
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August 27, 2020, 02:06:45 PM
 #10

I am thinking about the mental pressure for millions of people they are going through, not everyone has strong minds and will power to face this huge life crisis I would say because their businesses would have being shut for small and medium enterprises, many would have lost jobs and finding it difficult to survive with their family. How will they overcome is the first step and second would taking this an opportunity and come as a winner from it which would not be an easy job.
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August 27, 2020, 02:16:32 PM
 #11

I am thinking about the mental pressure for millions of people they are going through, not everyone has strong minds and will power to face this huge life crisis I would say because their businesses would have being shut for small and medium enterprises, many would have lost jobs and finding it difficult to survive with their family. How will they overcome is the first step and second would taking this an opportunity and come as a winner from it which would not be an easy job.



There is no need for keep open every businesses.
And there is no need for work everyone.
The government can and will re-organize everything the most sustainable way.
The 50% of people can produce services and products for other 50% of population.

I leave it all for world rulers no worries

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August 27, 2020, 03:44:29 PM
 #12

This covid 19  shows how weak People are in their mind instead of complaining everyone need to Think how They can benefit from this new situation.

Stop complaining and see this as Opportunity!

We have now more Opportunities then ever before!
I think this covid 19 is good time.
The banks giving now even more money!
And You do not need to worry about paying back loans just wait for 7-10 years and debt will expire.

There is so many Opportunities now

First of all you can not give your life with money so how you compare COVID with money opportunities!! Many of us lost their relatives and family members also so if any government give double or triple opportunity what happen?

What you saying that is alternative way opportunities that after every pandemic situation government try to give for their inhabitants. I think this opportunities only work only for that people who are still alive will all family members otherwise COVID can not be opportunities for all.

thanks.
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August 27, 2020, 04:28:05 PM
 #13

I am thinking about the mental pressure for millions of people they are going through, not everyone has strong minds and will power to face this huge life crisis I would say because their businesses would have being shut for small and medium enterprises, many would have lost jobs and finding it difficult to survive with their family. How will they overcome is the first step and second would taking this an opportunity and come as a winner from it which would not be an easy job.

It won't but it's needed to survive. This crisis brings people to look forward and find the ways how to overcome
this pandemic, they need to look for opportunities.
Not easy as there are lots of obstacles and lots of hindrances but life needs to continue in whatever ways destiny
brings you then go and take the challenges.
People should realize that helps are there but they still needs to work on their own in order to fight this pandemic
and continue living.

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August 27, 2020, 04:30:06 PM
 #14

Not all people have the same situation or position as yours to only think about positivity in this ongoing crisis. A lot of people are suffering more than what you think that we don't probably know. For me, people who say that people are being too negative and can't see the opportunity in this pandemic are those who are privileged's easy to say that bank are giving money, but not everyone can really get "free money", most are getting more loans just to survive their day to day lives. And lastly, you can't stop people from complaining when you have not experienced what they are going through now.
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August 27, 2020, 05:16:21 PM
 #15

This covid 19  shows how weak People are in their mind instead of complaining everyone need to Think how They can benefit from this new situation.
Stop complaining and see this as Opportunity!
People are encountering difficulties they have never dealt in their life time and you think it is an opportunity that you can take advantage, unless you are in pharmaceutical field or in E commerce sector. If you are working in private sector you would be lucky if you have the job in the next 6 months. Small and medium business are completely at a loss.

We have now more Opportunities then ever before!
I think this covid 19 is good time.
The banks giving now even more money!
And You do not need to worry about paying back loans just wait for 7-10 years and debt will expire.
If the government has to write off your loans you need to either become bankrupt in the next 10 years and if that is your thought process then what is the end result. The bank will provide money if you are running a business and if the situation is continuing like this then there is no point in taking the loan as it will create more debt and if you are an employee you need to have the confidence that you can retain the job even if there is a major recession.
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August 27, 2020, 05:36:47 PM
 #16

This covid 19  shows how weak People are in their mind instead of complaining everyone need to Think how They can benefit from this new situation.
Stop complaining and see this as Opportunity!
I don't think that people who complain have a weak mind. People complain because they're not seeing this as an advantage, not all people are the same in our situation.  Some complaining because they need to have 3x a meal per day but they can't afford it because their job is closed due to pandemic crisis.  Not all people can see the advantage of it. Some people lost their loved ones, some of them starving to death so how do you think that it is benefiting if you are in their position? Don't judge them, you are not in their situation to know what they're going through.


We have now more Opportunities then ever before!
I think this covid 19 is good time.
The banks giving now even more money!
And You do not need to worry about paying back loans just wait for 7-10 years and debt will expire.

There is so many Opportunities now

In your country there are so many opportunities. But not all country is the same. Let's just hope that we can go back to normal.
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August 27, 2020, 05:44:19 PM
 #17

 Cheesy  You are out of your mind.  The opportunities are not better now than they've ever been.  First off banks just don't give loans to anyone, and taking out a loan with the thought that there will not be any debt in 10 years down the road or whatever is ridiculous.  People are complaining for good reason.  Countless people have lost their jobs, their homes, etc.  How is someone supposed to get a loan with no job?  Your logic is faulty to say the least.

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August 27, 2020, 06:49:13 PM
 #18



Debt expires in 7-10 years and what does it mean, no need to pay for it?

I doubt banks will forget the debts we have. They're trying to making money from the loans and banks are trying to take this covid as opportunity as well. They provide loans with collateral of the farm lots.

I have a debt due to the cridet card which is up to $23K, I tried changing my numbers but they still find out my number lol. They are hiring 3rd party which will call to remind me every time.

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August 27, 2020, 06:58:05 PM
 #19

People has the right to complain whenever they see wrong, that how most of the governments in the world are founded.

Complaining with sense is different from merely complaining, complaining with sense considers a lot of factor while merely complaining complains about on what he/she see. But this does not show any weakness from an individual, it may reflect their level of thinking but definitely not a weakness.

You are talking about opportunities? Tell that to poor people if they have one.
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August 27, 2020, 07:13:59 PM
 #20

People has the right to complain whenever they see wrong, that how most of the governments in the world are founded.

Complaining with sense is different from merely complaining, complaining with sense considers a lot of factor while merely complaining complains about on what he/she see. But this does not show any weakness from an individual, it may reflect their level of thinking but definitely not a weakness.

You are talking about opportunities? Tell that to poor people if they have one.



poor people are the ones who like to complain

if yout take a trump putin  jeff bezos, steve jobs...or other ceo  or other tough guys and put them in poor spot to live in ghotto or slum...do you think they accept they are poor???
no they will definately will start doing something what ever is their capabilities


you see its all your own mind
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