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Author Topic: Your Portfolio before and after the pandemic  (Read 2453 times)
fortunecrypto (OP)
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October 19, 2020, 09:43:06 AM
 #1

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?

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October 19, 2020, 10:03:09 AM
 #2

To be honest its slowly disappearing , I need to use my stored coins so I can' continue living with this pandemic ,i already sold many coins I have to make up becuase of our lack of cash to survive. I am thinking to open a small business but I guess it not yet the right time for me, because there are not too many people coming out yet.
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October 19, 2020, 12:15:42 PM
 #3

My own story is kinda different, the pandemic opens door for me, the world was in a panic state but not me, stock market and crypto was affected yes but luckily I had some USDT I was storing in my wallet so I buy Bitcoin when it was way down at 3000+, today I have times four of my invested money, this happened because of the pandemic, I was able to hold this long through money I made from Airdrops, bounties and mining

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October 19, 2020, 01:06:03 PM
 #4

It is good news for mostly those who have something else they are doing to survive and it's bad news for those who have no other way after they lost their jobs, they have to dump some of their tokens by forced just to survive, my portfolio is never the same again as I've sold majority of the best coins I was holding, I had no other choice

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October 19, 2020, 01:10:09 PM
 #5

I work full time online either in crypto space or affiliate marketing so I don't feel the heat from the pandemic much, I was able to hold on to many tokens without selling but when market starts recovering I had to let go, holding on to coins too long can shrink your portfolio, I'm much of a profit taker than a long term holder, presently I can say my portfolio is still in good shape.

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October 19, 2020, 01:14:58 PM
 #6

The pandemic caused so much circus in the crypto industry especially in the market. Not all in my portfolio are in good condition now, there are some coins that's going better but most of my coins/tokens are disrupting to the max. It's like I lose x7 in my protfolio that's so sad. Despite that I didn't lose hope at all (Lol), I am still waiting for it to recover.
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October 19, 2020, 01:20:53 PM
 #7

I won't offer details about my own portfolio, but I suppose that most people's altcoin portfolio slowed down as the personal flow of income should have reduced due to the worldwide economic hit.

For sure there are exceptions. Some industries flourished due to the pandemic. Anyways, I'd say that due to uncertainty in the society people definitely haven't invested into altcoins, BUT I suspect that Bitcoin has been a strong choice for hedging during crisis.
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October 19, 2020, 01:24:27 PM
 #8

The answers above kinda scare me - you guys either invested more than you could've afforded or the economical situation is really going straight down towards the ground.

I personally haven't had issues with my portfolio since the beginning of the pandemic. Actually, I've made some quite smart moves overall at the perfect time and I'm very happy with them right now. So far, I've successfully been able to go through all this harsh time without having to sell any of my assets. Hopefully things won't change. The only negative change I've had so far is that it became much harder to use crypto ATMs during the lockdowns - and I feel like KYC is coming soon to all of them in my country as well.
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October 19, 2020, 01:28:44 PM
 #9

I moved 90% of my regular investment funds to crypto due to the pandemic. Hasn't made a big difference yet, but I'm expecting a huge crypto bull run soon and a massive stock market crash when the stimulus funds run out.
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October 19, 2020, 01:30:10 PM
 #10

At the start of the pandemic, it has been quite OK because I have funds left for daily needs. I’m also thankful for the forum because this helped me a lot to continue living and pay off debts. With my trading portfolio, I needed to put it in the stop because I needed the money for my daily needs and because of an emergency.

So technically I didn’t lose some of the coins, I just used it for necessities instead of investing. I just accepted that I can’t invest right now because of my situation.

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goaldigger
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October 19, 2020, 01:31:05 PM
 #11

I came into a situation where I badly needed the money so I have no choice but to sell my precious coin which is Bitcoin, and I know this is not the end of my crypto journey because I’ll be back stronger and a lot more wiser when it comes to handling my finances. This pandemic is making a lot of pressure to all of us, now it will depend on how we handle this problem and how we can survive on this pandemic. Its ok if your portfolio turns to ZERO, we can always buy good coins, focus on what’s matter during these time.

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October 19, 2020, 01:36:23 PM
 #12

I moved some resources in bitcoin during pandemic (mostly in march april) since bitcoin price was very low.
I have seen some project be more valued during these months, but bitcoin dominance in my crypto-portfolio is around 95% or even more.

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lifeOK
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October 19, 2020, 01:42:18 PM
 #13

My own story is kinda different, the pandemic opens door for me, the world was in a panic state but not me, stock market and crypto was affected yes but luckily I had some USDT I was storing in my wallet so I buy Bitcoin when it was way down at 3000+, today I have times four of my invested money, this happened because of the pandemic, I was able to hold this long through money I made from Airdrops, bounties and mining
This is what i do, I pick up some rewards from bounties and airdrops. it will either return 10x( or even higher) or effectively nothing. For me i'm good in either cases. Long term thing always work very well and I am glad to find a beneficial holder.
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October 19, 2020, 01:45:34 PM
 #14

I still believe that I earn a good profit during this pandemic and with a help of cryptocurrency, I was able to support my family needs during our community lockdown.

Its not that sad that my portfolio are also bleeding right now because I know, I spend that money on the right things. We can’t stay the green portfolio forever, time will come that we will sell our holdings and that time happened during these time of pandemic, I have no regrets at all and I’m forever thankful to Bitcoin.  Cheesy

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October 19, 2020, 01:46:05 PM
 #15

The pandemic has no effect on my portfolio and it was increased as the way I planned it to be. And it should be true for most of us.
Though pandemic limited the income of most people, it also decreased the overall expenditure for normal people.
People who depended on labor wage like factory workers may have had a hard time but they generally don't have an crypto portfolio or any sort of  investments.

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October 19, 2020, 02:15:44 PM
 #16

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?
My portfolios are still in a good condition at this moment and im still sitting at a very huge ROI from CHAINLINK, BNB, and many more. I have also bought more promising coins like avax on the public sale too.

So far the pandemic brings nothing for us as long as you were holding good coins.

I have bought binance $15 for each BNB in the past and this time it is doubled. So far my portfolios are still giving the best performance.

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October 19, 2020, 03:00:41 PM
 #17

To be honest its slowly disappearing , I need to use my stored coins so I can' continue living with this pandemic ,i already sold many coins I have to make up becuase of our lack of cash to survive. I am thinking to open a small business but I guess it not yet the right time for me, because there are not too many people coming out yet.


And I thought I'm the only one with the same situation my are also getting lesser because I have to stocks foods and basic supplies because of the uncertainty and there are no open stores during the lock down period and of course this is a pandemic we need all the emergency that we can get so I have no choice but to convert some of my coins to fiat.

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October 19, 2020, 03:04:50 PM
 #18

My portfolio's status has become better than a few years ago because I see that there is an increase in my balance, although it is not too big.
If the situations become better and the coins at the market can increase more than today, I am sure that my portfolio will be bigger again, and that means my portfolio will also change to be bigger.
But I realize that it will need more time to see the market can rise again as before because we are still at the bear trend, but I am sure that the bear trend will replace with the bull trend sooner or later.
Until that time, I will still try to buy more and hold it, and trade with the other money to try to make a profit.

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October 19, 2020, 03:10:24 PM
 #19

I moved 90% of my regular investment funds to crypto due to the pandemic. Hasn't made a big difference yet, but I'm expecting a huge crypto bull run soon and a massive stock market crash when the stimulus funds run out.
If what you said is true then you are already in big profit, the pandemic throw bitcoin to the ground and give space to opportunity takers, even if you invested in Bitcoin at 5000$ you've already make double gains, my advice is to always take profit, many investors are still doing this wrong, waiting and hoping that their portfolio that worths 1000$ turn 100,000$ overnight, this is not impossible though but it's over expectation.
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October 19, 2020, 03:28:17 PM
 #20

Pandemic caused a major stir across the globe as many to them were literally scared also panic sell was bit high at that moment. But slowly people came to know there is nothing to do with this pandemic.

My portfolio has been secured and waiting for my day I didn't take any serious decision on selling as I have already planned it for long-term, also there are lot of news coming across the BTC bull run so waiting to see some serious pump.

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