Your Portfolio before and after the pandemic

[laredo7mm]

The pandemic has brought so many of us uncertainties and panic because so many companies are closing and workers are losing their job it causes a big instability in our financial status.

What is the status of your portfolio before and after the pandemic is it good or is it bad have loss a lot or have you gain more coins during this pandemic?

When that pandemic first started the crypto market dumped a little bit and at that time I was worried that the crypto market will crash like stock and other markets. But the DeFi hype saves the crypto market by bringing new concepts and projects. Market cap increased and now the BTC price is almost double from it was when COVID-19 started. I miss many opportunities to increase my portfolio but still manage to make some gains.

[Saisher]

The pandemic has brought so many of us uncertainties and panic because so many companies are closing and workers are losing their job it causes a big instability in our financial status.

What is the status of your portfolio before and after the pandemic is it good or is it bad have loss a lot or have you gain more coins during this pandemic?

I lost some because when news of the pandemic came out there are a lot o questioned and uncertainty, I decided to convert some portions of my coins to fiat because it's also crashing and I have to cut my losses but when things stabilize the pandemic situation and the market I recovered some of the coins that I sold but it's now 20% lower than I used to have when pandemic broke out.

[Janation]

I think Pandemic did not affect the Crypto market so much as it has affected the other fiat markets. The Crypto market is now in a very strong position and the investors are investing with great trust and passion in the market after the pandemic.

That is true though.

But the thing is that the cryptocurrency market is not that affected by the price, there is some coincidence that it fell during the pandemic but let's not forget that the price also pumped. The thing is that the affected here are the investors themselves, the price might be good but there are times that we can't actually hold but just sell them since we needed cash.

[tbterryboy]

I think Pandemic did not affect the Crypto market so much as it has affected the other fiat markets. The Crypto market is now in a very strong position and the investors are investing with great trust and passion in the market after the pandemic.

So, did you hold your coins or not? I agree that fiat market was horribly influenced during these times but speaking honestly even the assets market and crypto market took a big toll. I don't know about others but I had to sell some bitcoins during the April month when I lost my job and I had nothing to do but the expenses did not lower down. I liquidated a part of my coins but that gave me financial strength during those times and now I have saved even more than before so I don't mind selling some earlier and although at a bad price but that was important to survive.

Some of the people I know panicked and sold all their coins when the big crater in price was caused in March but I always had a feeling like the price will go up and I ended up selling some but in April and at a better price than March.

[luckyflop]

I wanna tell you a secret, your income doesn't really depend on the outside situation, it comes from inside inspiration, even in this situation that some people are nagging and complaining, some people are making good money, I remember Jegg Bezos, the head of Amazon made 13 B $ in just one day a few weeks ago as I read in a newspaper, that was because of the movement of Amazon stock in one day, He is rich in his mind so even after his divorce that he lost a lot of money to his ex-wife, he could make it up in just a few months, I guess he leaves us no reasons to make excuses and naggings, we can make money in each situation.

[fullhdpixel]

What is the status of your portfolio before and after the pandemic is it good or is it bad have loss a lot or have you gain more coins during this pandemic?

I haven't touched my bitcoins despite going through some tough times and I have sold a lot of altcoins which I held in hope for a big price but I had to sell them because they were being frozen to a particular price and the value was only decreasing or stable for some.

I actually bought some bitcoins and saved them because I know the price is going to be sky rocketing next year once the pandemic is over and the market gets back to normal. Although I have lost overall value in the portfolio but that is mainly because I sold my alts and I don't regret them one bit because now I don't have to check their prices daily and I'm only concerned with bitcoins value now.

[lixer]

My portfolio has experienced a gradual reduction as I had to sell some cryptocurrency to keep my body and soul together. This year hasn't been very good for my offline business and my portfolio has been very helpful in cushioning the effect of the reduction in income. I'm glad that I had something to live off despite the fact that the economy hasn't been very friendly this year.

That's true and a lot of offline business gained financial stability through online assets like bitcoins and some had to sell their gold. But, the problem with selling gold is that you don't get the best value of your gold and various kinds of fees are deducted when you sell it.

I was one of the many who had to sell a lot of saved items like my old bike and mobiles to get some extra money as I did not lost my job entirely but my salary was reduced to a significant number and I was getting paid just enough to continue living but I had to often sell few things to get extra cash. I never hold too many coins so I don't know how I would have reacted if I had a lot of bitcoins, maybe I would have sell some and buy them at a later stage when things are more normal like now. As for altcoins, I would have sold any and all of them if I was holding.

[AbuBhakar]

I think Pandemic did not affect the Crypto market so much as it has affected the other fiat markets. The Crypto market is now in a very strong position and the investors are investing with great trust and passion in the market after the pandemic.

My stock investment were greatly affected that I don't mind looking for it for how many months now since I also plan for those companies I invested in for long term so during this Pandemic I just do ways to earn like online business and some trading of DeFi projects due to it's hype. Crypto easily recovered after quarantine news all over the world but other market were still struggling and will need more time to recover.

[Ridwan Fauzi]

The pandemic has brought so many of us uncertainties and panic because so many companies are closing and workers are losing their job it causes a big instability in our financial status.

What is the status of your portfolio before and after the pandemic is it good or is it bad have loss a lot or have you gain more coins during this pandemic?

Before the pandemic came I always believe that bitcoin can touch its all time high and I choose it for long term investment. But I was wrong, at march almost all crypto price were decreasing a lot.

I sold my bitcoin and at that time I change my strategy, I only choose for short term investment or I choose trading with using the levarage to increase the profit that I get and yeah it works to me.

I'm not tempted to choose long term investment anymore after this pandemic is gone. I see some impact that give by this virus to all country and it is really horrible. I can't imagine before this virus can make almost all country palsied.

[NewRanger]

i think there is no difference in my portofolio before and after pandemic , all coins value not change significantly because i am hold second layer cryptocurrency.maybe if i hold major coins like LINK, BTC or ETH its value will increase now. as we now this coins increase smoothly and even could hit above $13k recently. but overall in this pandemic, bitcoin and cryptocurrency recoginzed as good alternative portofolio. many whales investors finally decided to invest in cryptocurrency.

[flagpara]

The pandemic has brought so many of us uncertainties and panic because so many companies are closing and workers are losing their job it causes a big instability in our financial status.

What is the status of your portfolio before and after the pandemic is it good or is it bad have loss a lot or have you gain more coins during this pandemic?

Are you asking about real life or cryptocurrency portfolio? Cryptocurrency portfolio is still the same after I received Cartesi tokens. Harmony coins are my favorite. I won't sell these coins until the next bullrun. During this pandemic, my portfolio didn't change so much. I think I should research more about new altcoins.

[BuNga_cute]

For me, this pandemic situation has made the crypto market even more positive, because some of the coins I hold have increased.
Especially LINK which rose very high to reach the price of $ 19, even though I bought LINK when it was still at the price of $ 2.
So my portfolio has increased quite dramatically after the pandemic, maybe because nowadays many people want to earn money
from cryptocurrency.

[mace15]

This pandemic has been a difficult times to me because I sold my other coins just to use for day to day living.  Well, some users their portfolio increase, and some loss no choice no income because of this virus. So hopefully in the coming years, I can save some of my coins as the price of Bitcoin is also increasing.

[TopT3ns]

This pandemic has been a difficult times to me because I sold my other coins just to use for day to day living.  Well, some users their portfolio increase, and some loss no choice no income because of this virus. So hopefully in the coming years, I can save some of my coins as the price of Bitcoin is also increasing.

I am not surprised if many people sell their assets in conditions like this because it is very difficult and many people need money while the world economy is collapsing, many have stopped working because of the spread of the covid virus so in my opinion the steps you chose are correct, because something you sell can be looked for again when the economy recovers.

[SquallLeonhart]

Bitcoin was affected as well, all other markets got affected as much as bitcoin, we actually hit a bottom of 3.6k if you check the yearly low for this year, that is basically 3x lower than what we are right now, that is not small, it is a big deal.

The difference between crypto market and other markets like stock market is the fact that crypto market saves you from those big drops very quickly, and you end up with a lot more money a lot quicker.

Plus when stock markets recover, they recover because dollar loses value, so let's say you were worth 1 billion dollars as a company, it went down to 500 million and get back to 1 billion, you are worth the same 1 billion but that 1 billion is no longer worth the same value anymore, whereas in bitcoin it recovers faster and higher to the same value. For example we were 9k before the pandemic, 13k now because we recover including the inflation caused by printing money all around the world as well.

[icekohl]

Bitcoin was affected as well, all other markets got affected as much as bitcoin, we actually hit a bottom of 3.6k if you check the yearly low for this year, that is basically 3x lower than what we are right now, that is not small, it is a big deal.

The difference between crypto market and other markets like stock market is the fact that crypto market saves you from those big drops very quickly, and you end up with a lot more money a lot quicker.

Plus when stock markets recover, they recover because dollar loses value, so let's say you were worth 1 billion dollars as a company, it went down to 500 million and get back to 1 billion, you are worth the same 1 billion but that 1 billion is no longer worth the same value anymore, whereas in bitcoin it recovers faster and higher to the same value. For example we were 9k before the pandemic, 13k now because we recover including the inflation caused by printing money all around the world as well.

Well as you said BTC increase its price because USD lost its value too. But stocks and other markets lose less value than cypto as of March, so crypto recovers faster as well. In my opinion, with the current epidemic situation, if governments keep printing money, all of this markets will continue to grow.

[pilosopotasyo]

The pandemic made us realized the uncertainty of the situation but I stopped myself from selling some of my coins even if the market is drastically dropping, I borrow from my friends instead of selling my coins, and my decision is correct not to sell my coins I now paid all my loans and made a good profit from the coins I'm holding.

[Janation]

The pandemic made us realized the uncertainty of the situation but I stopped myself from selling some of my coins even if the market is drastically dropping, I borrow from my friends instead of selling my coins, and my decision is correct not to sell my coins I now paid all my loans and made a good profit from the coins I'm holding.

That's great for you.

There are a lot of people that are so desperate to earn now especially those people whose businesses closed and those people who lost their jobs and source of income because of the pandemic. Luckily we have this market that is not directly affected by it and we can take the opportunity of holding and reinvesting again if the price ever drops. It is really hard since there are also that time that you need to sell since you really needed it.

[Cyrill28]

My port down by 60% and its really crazy! But now seems it can bring back to 80% of my port. the advantage here is It will bring the people to use digital currencies instead of using traditional money called fiat. They will have a fear to use it because they will know that the fiat can transmit the virus in their body. So it will be the cause for people to use digital currencies. Less hassle you only need a smart phone to pay your bils.

[genievic23]

The pandemic has brought so many of us uncertainties and panic because so many companies are closing and workers are losing their job it causes a big instability in our financial status.

What is the status of your portfolio before and after the pandemic is it good or is it bad have loss a lot or have you gain more coins during this pandemic?

I was really ecstatic at first, really earning again before the pandemic,  but then, I got tired of monitoring it and trading,  I got so many things running in my mind and I really can't focus, just  when I decided to hold my coins a few months ago, it went down and is still down until now, lol, so I think, it is really really bad. I don't want to be emotional about it. lol