MCobian
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October 07, 2020, 07:50:33 PM |
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The negative effects of the spread of COVID-19 are making many people out of work nowadays. because the government is doing quarantine / lockdown so that the virus does not spread, but this has prevented some businesses from running and they have gone bankrupt. Moreover, the COVID-19 pandemic has been going on for about 6 months, It is only natural that an economic crisis occurs and makes many people lose their jobs.
Therefore, a solution is needed that can overcome these problems. cryptocurrency can be the best solution that can overcome the number of unemployed that continues to increase every month. Because crypto trading can give people the opportunity to make money. And I am among those who rely on cryptocurrency as a source of income, so that I can buy daily necessities.
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Swopon
Copper Member
Full Member
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Activity: 700
Merit: 120
Gamdom
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October 07, 2020, 11:04:21 PM |
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Spreading COVID-19 all over the world resulted in many problems. Unemployment is one of them. I also lost my physical job and the company CEO told us that I can not get much rather how can I pay to all of you. It will be better to search for another job. Nothing more is painful like that one to lose a job and become jobless suddenly. God is the best player, so waiting for a big match.
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pankowri
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Activity: 728
Merit: 63
$CYBERCASH METAVERSE
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October 07, 2020, 11:12:10 PM |
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What is your story with fiat and cryptocurrency during the pandemic? This is again the battle of centralized and decentralized assets and activity in the middle of a crisis. In your own experiences and opinion which of the two will win?
Horrible story about mine that I lost my job in this pandemic outbreaks. The world's economy becomes fragile for this year and the world didn't see such things before. So we are passing a tough time that we can not predict how many days we need to wait for a stable condition. I believe that many people already lost their job but we have nothing to do rather than trying to search for another one. One door has closed which means you need to find another one, you are not vanished. Still trying to cope up with the situation and trying heart and soul for a physical job.
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Janation
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October 08, 2020, 04:03:13 AM |
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My story is that me and my family are hungry because I don't have a job now because the company I work has closed but I'm very thankful to the person who teach me how to make money in bitcoin
Don't be that dependent on Bitcoin my friend. I know that you really needed this but I hope that you could find other sources of income since Bitcoin and other cryptocurrencies as well are volatile and they can be unreliable sometimes with the sudden changes. I am not saying that you should stop investing on Bitcoin and other cryptos, I am saying that it is not a reliable source of income.
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mersal
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Activity: 1204
Merit: 38
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October 08, 2020, 05:18:50 AM |
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Actually this is not a battle between decentralized and centralized assets, this affected all kind of economic things no matter its controlled or no central authority to control since we are hit by the pandemic not something like war in that situation only the assets have better value and if it decentralized then it will be extremely useful for its holder.
Not only you, maybe millions of others also lose their jobs due to this lockdown and it will take too long to get back to the normal so until that we need to find something for our needs.
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Coroline
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October 08, 2020, 09:28:12 AM |
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Not only you, maybe millions of others also lose their jobs due to this lockdown and it will take too long to get back to the normal so until that we need to find something for our needs.
That's right, millions of people are experiencing depression due to this pandemic which has resulted in the unemployment rate in every country having increased. The economy of every country today is very much dependent on government decisions regarding how the government helps its people. IMO, Only China is experiencing a faster economic recovery than other countries in dealing with COVID.
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oHnK
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October 08, 2020, 10:01:30 AM |
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Not only you, maybe millions of others also lose their jobs due to this lockdown and it will take too long to get back to the normal so until that we need to find something for our needs.
IMO, Only China is experiencing a faster economic recovery than other countries in dealing with COVID. That's right, only China can recover quickly. Sometimes I salute or suspect China, whether the government is that good at dealing with this big problem, or if they just cover up a lot for its personal gain. Because the problem of this pandemic is very complicated. This pandemic has seriously damaged the entire human life, not only attacking human health, but even destroying the country's economy. But if there is propaganda here, a pandemic could become a money field for certain people.
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bitbollo
Legendary
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Activity: 3430
Merit: 3889
Nec Recisa Recedit
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October 08, 2020, 10:12:17 AM |
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in Italy there is a ministerial decree that void company (private and public) to fire people. It should be valid up to December 2020. Despite it can sounds a bit strange, a lot of public expense has been provided to the private sector also. Some people recovered their jobs in August (probably due the summer season), but now we are waiting 2021 for the biggest effect of pandemic on job market.
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imstillthebest
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October 08, 2020, 12:59:47 PM |
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in Italy there is a ministerial decree that void company (private and public) to fire people. It should be valid up to December 2020. Despite it can sounds a bit strange, a lot of public expense has been provided to the private sector also. Some people recovered their jobs in August (probably due the summer season), but now we are waiting 2021 for the biggest effect of pandemic on job market.
sounds good to the people working on those countries because there are institutions that aid them after loosing thier job while on our country , part of asia . people here are lucky if they still got paid for one last time upon getting fired but usually they dont get paid anymore . the said aid on your country can still last up to december , thats a lot of time and theres still a chance that the economy can still return to normal and the people can recover thier lost jobs
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Taskford
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October 08, 2020, 02:22:10 PM |
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in Italy there is a ministerial decree that void company (private and public) to fire people. It should be valid up to December 2020. Despite it can sounds a bit strange, a lot of public expense has been provided to the private sector also. Some people recovered their jobs in August (probably due the summer season), but now we are waiting 2021 for the biggest effect of pandemic on job market.
That's good protection to the citizen to lose their job permanently and it's a good move for the government to do so, also are those companies which are affected with the pandemic still force to pay their workers even if there's no income coming to the owners? If yes then provably that will be a hard part for them and government should help the business owner since they are also affected and might lose big money for that matters.
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FlightyPouch
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October 08, 2020, 04:48:25 PM |
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Pandamic situation has informed us.We can die at any moment.It is a matter of fact that many people have suffered financially.As I myself have suffered.I am in a lot of losses after buying many tokens.
Better be careful about how you use your fiat right now since with the pandemic still going on, you will never know when will you need that money and where will you get it since there are a lot of people unemployed right now. The best thing to do right now is to be careful and I think you try to lessen the tokens you are buying, you could continue buying them but keep it minimum and keep it so that you could just lose what you can.
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The cure
Jr. Member
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Activity: 448
Merit: 4
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October 08, 2020, 11:19:05 PM |
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Due to the prolonged lockdown so the economy has collapsed, the government has no other choice but to implement it to slow down the spread of the virus. But here is the effect it has had on us, many have lost their jobs because many companies have closed and went bankrupt due to the weakening of demand of their products and delay in shipping because of the quarantine implemented in different areas. In my situation, I'm a little bit lucky because my husband doesn't lose his job and continue working to sustain us.
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Kasabus
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October 08, 2020, 11:39:37 PM |
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Due to the prolonged lockdown so the economy has collapsed, the government has no other choice but to implement it to slow down the spread of the virus. But here is the effect it has had on us, many have lost their jobs because many companies have closed and went bankrupt due to the weakening of demand of their products and delay in shipping because of the quarantine implemented in different areas. In my situation, I'm a little bit lucky because my husband doesn't lose his job and continue working to sustain us.
It's good that he can still sustain his family's basic needs but for OP, stay positive because you are not alone. Most of the workers nowadays have lost their jobs too. Just keep on looking for job opportunities online and i think crypto will give you the best offer these days. You can start joining in bounty campaigns but make sure you analyze the project first before participating so you won't be scammed in the end. Keep digging your hidden skills and for sure, you can still end up having a good job that will pay all your hardworks and efforts. I guess this pandemic is truly a challenge for everyone of us.
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geyayy
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October 09, 2020, 02:22:49 AM |
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Good thing before this pandemic has made such a big role in having quarantines is I was hired in a company. But after two weeks of being an employee, we were asked to stay in the company, but I wasn't able to stay because of my sister, so the whole quarantine I wasn't able to have an income, and I can't also even do bounties because of the poor data connection. This pandemic caused a lot of hassle.
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samputin
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October 09, 2020, 02:35:42 AM |
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We sure have different experiences regarding income and financial matters during this time of pandemic. As for me, at the beginning of the lockdown, I don't also have a job nor a signature campaign here in the forum. But I don't want to be a total zero when it comes to a source of income that's why I tried to apply here on several sig campaigns. I wasn't accepted from the initial campaigns, but I'm glad one did accept me and it's my current campaign at the moment.
By the month of July, I applied for a teaching position in my alma mater. And after few weeks of waiting, I was accepted. Now, I am teaching and has a signature campaign on the side.
With your question, op, about which would win, I wouldn't choose between fiat and crypto. They both have their parts in my life during this trying time. When I didn't have fiat, I had crypto to help me with my finances. And when I didn't have crypto, fiat also helped me. I don't want to look at it as a competition but rather an alternative when we cannot use or don't have the other.
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Cornia
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October 09, 2020, 09:49:22 AM |
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What is your story with fiat and cryptocurrency during pandemic?
Before Corona Pandemic, I used to work in a private hospital. I have a little baby girl. I quit my job to protect my family from covid-19. Now I'm stuck at home. The savings are almost at an end. Now I trust cryptocurrency. Now I am waiting for the environment to be favorable, when I will return to work.
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whyrqa
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October 09, 2020, 11:22:43 AM |
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I didn't even have to quit my job as I had to close my own business. Due to the strict quarantine, I was unable to pay rent for the premises and my regular clients have long since given up visiting public places. Thus, I will have to start all over again.
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#business #forextrader #bitcoinnews #invest
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Dorodha
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October 09, 2020, 11:37:27 AM |
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I additionally lost my employment because of the infection yet have no second thoughts in light of the fact that crypto has helped a great deal to improve the budgetary circumstance. Crypto has no impact if the entire world endures two things are disturbing me. One is that I have lost numerous dear individuals during this time as I am more established the quantity of my companions and family members is a lot higher. I have lost various individuals during this Covid pestilence with whom have been familiar for quite a while this has pestered me a great deal.
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davinchi
Legendary
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Activity: 2100
Merit: 1058
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October 09, 2020, 11:56:26 AM |
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Alright, so how exactly is cryptocurrency going to save you; like how do you plan on doing that? I was the one that quit my job a long time ago to start a business of my own, and everything has been going pretty well even at this time. I am also into cryptocurrency, but I am not sitting here doing nothing and expecting that cryptocurrency is going to save me.
If you think that cryptocurrency will save you because you have some money you have invested in Bitcoin or whatsoever, then I’m sorry for you, that’s now how it works. Yep, you might be lucky and the price might go up and you will make profit, but that doesn’t happen all the time; the last bigger bull run was since 2017 and you can’t rely on this. I will advise you to better look for something doing.
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NavI_027
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October 09, 2020, 12:37:20 PM |
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I know the only thing that will help me survive this crisis is cryptocurrency that is why I am active here again because fiat had failed me.
No offense but I barely agree with you. In this case, fiat doesn't failed you, the root of your problem is the pandemic which came from the corona virus. So the should be the one you are blaming not your work or even fiat which are only used as a mean of exchange. Anyway, I feel sorry for your loss dude, good thing you got crypto. I hope it will ease your suffering in this hard times somehow. In your own experiences and opinion which of the two will win?
I don't know because until now I don't have a job lol. It seems like I graduated for nothing, it is so frustrating that I can't apply everything I've learned until now . But kidding aside, there's no point of comparing those two. They are both helpful in their own ways.
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