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Author Topic: Your Portfolio before and after the pandemic  (Read 2452 times)
plr
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October 19, 2020, 03:29:21 PM
 #21

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.

Well I am a part-time factory worker and I do have some coins in my portfolio but not that many but not all those who are working in a factory do not how to invest in Cryptocurrency I also have a friend on social media where his main income is coming from farming and he has a big cryptocurrency portfolio, so it's not for businessman and investors only.
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October 19, 2020, 03:34:51 PM
 #22

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.


I'm also in the same situation. I got no choice but to sell some of my holdings because of this pandemic. I have earned enough to put up a small business but my plans have changed because I need to use my funds for my family to survive. I'm now trying to hold at least a little amount of altcoins for the future. I know that things will still get better soon.
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October 19, 2020, 03:38:22 PM
 #23

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?
Honestly, my portfolio is now good after I panicked sell most of my coins in my portfolio because I temporarily lost my job, so I could provide the daily needs of my family and pay my monthly bills. Good thing, I have been to able to invest my money in some good coins again to gain considerable profit in the middle of the pandemic.

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October 19, 2020, 03:43:42 PM
 #24

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?
Pandemic is not over yet. So i can only say about the portfolio before pandemic. I used to work before this pandemic and I also had some money in the bank. I quit my job because of the pandemic and my savings are running out day by day.  Now cryptocurrency is my hope.
plvbob0070
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October 19, 2020, 04:21:54 PM
 #25

I can't say that it's purely good or bad because it still depends on the situation. However, the good thing about it is during this pandemic, I was able to find more opportunities and added some coins in my portfolio where I can invest my funds. On the other side, since we're in the middle of the pandemic, I also have to use some funds I invested for personal necessities and expenses, also, given that there are coins who get a dump. So it's like, there's gain but not that huge to say that it's in a better status.
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October 19, 2020, 04:54:47 PM
 #26

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?
This pandemic had dealt a big blow to my portfolio r "man must survive" I have no choice than exchange some of my portfolio to fiat to buy stuffs and feed myself and my family "when there is life there is hope" we thank God for his mercies, it was a difficult experience and very had to overcome its quite unfortunate that It causes lost of jobs and cut-off  many sources of income however once the pandemic is over thing will come back to shape.

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October 19, 2020, 05:23:35 PM
 #27

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?
Pandemic is not over yet. So i can only say about the portfolio before pandemic. I used to work before this pandemic and I also had some money in the bank. I quit my job because of the pandemic and my savings are running out day by day.  Now cryptocurrency is my hope.
a good asset when in this pandemic is gold and cryptocurrencies,
we know stocks, land or property are still down, it's natural if your finances are bad during a pandemic, I also experience it,
because not all altcoins have increased, my portfolio has also decreased

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October 19, 2020, 05:39:22 PM
 #28

The existence of this pandemic has made our lives very miserable and many plans have failed due to the difficulty of earning income and we were forced to use some of the coins that I should have kept to survive this pandemic.

 
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October 19, 2020, 06:02:51 PM
 #29

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
I really regret my actions though I have never invested before, I have always been a bounty participant. After made cool cash from Tokoin Bounty, I decided to buy $1.2k bnb which I stake and for IEO as it was booming earlier this year. Regrettably, I sold when I realized that the market was bad, I never expect market to turn out good likes this, I should have believe in halving power then but I was skeptical and sold everything.
Now, I'm looking forward on how to save some Usdt on doing some menial crypto job, I will buy as soon as the market plunge.
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October 19, 2020, 06:14:51 PM
 #30

When it comes to the current financial economy, for me personally it is very bad. and of course this is due to the impact of the corona virus. when the Corona virus appeared, I lost my job in the real world and I didn't have passive income. on the other hand I don't have much investment in the crypto industry, only a few that I have. and I didn't just rely on investing, I started looking for ways to survive whether it was following a bounty project, doing day trading, and looking for work in the online world besides being a project promoter.

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October 19, 2020, 06:18:35 PM
 #31

The good thing is that my investment was not affected during the epidemic, but rather the prices pump due to many people joining the crypto world because they knew its decentralized advantages. My wallet before the epidemic contained low-value coins, now the prices of those coins pump in the middle of the epidemic, and the bad thing is that I sell my profits from my coins to get enough money to live because my investment is my source of income.

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October 19, 2020, 06:20:04 PM
 #32

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?

There is no denying of the fact that traditional economy is slowly heading towards a reset. A lot of people have lost their jobs which had a direct impact on the consumer market due to which even big corporates are facing cash crunch. The overall confidence on the traditional market is showing a decline. Central bank had to print money to increase the demand in the market which had a slight negative impact on the value of the fiat currency as well. Overall, the condition of the market is not good at all. However, it is slowly showing signs of recovering.

Personally, I don't use any coins other than Bitcoin, ETH and USDT. I mostly prefer HODLING but I am an occasional trader too. So for me, this pandemic actually had a positive impact on my crypto portfolio while my stock portfolio was in red. But that was expected because only cryptocurrency is the only asset class, which has shown a robust performance even during a pandemic while all other asset class failed to achieve even a minimum return.

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October 19, 2020, 06:28:13 PM
 #33

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 am victim of job loss during the pandemic, I was a driver for a company but lost it due to the lock down resulting from covid 19, it wasn't easy at all, infact, it got so bad That I have to sell off almost all my crypto holdings just to be able to feed myself and my family, but I thank God for this day and every other day that am gonna cus things are beginning to get better again, and I pray God heals the entire world and that we don't see this kind of situation again.

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October 19, 2020, 06:39:50 PM
 #34

Before pandemic, I invested the most in top cryptocurrencies such as bitcoin, link, binance coin, ethereum, but now, during pandemic, I invest in various top cryptocurrencies that are associated with defi sphere, namely, my choice fell on dego, ylink, poolz and well, there are still several options under consideration, generally speaking, my portfolio only increased during pandemic.
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October 19, 2020, 06:56:13 PM
 #35

I don’t want tell the amount of my crypto assets. But I can tell that my portfolio of crypto assets gains more than 20%. And I am happy with this percent. And I think near future crypto will gain more but in this defi hyip so many scam project came to the market. So It's depend on the project. If you can choose right crypto then of Course it will give good profit.

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October 19, 2020, 07:09:12 PM
 #36

far worse than good. I think it wasn't just me who felt this but some of the other members felt the same way as me. Most of the portfolios I hold don't have good selling prices, so I'm still waiting for the right time to sell them.

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October 19, 2020, 07:19:18 PM
 #37

It is true the pandemic affected a lot of things both in the crypto space and outside but what can we do than to continue working hard. Before the pandemic my portfolio was okay, at least in my own sense but after the pandemic I had to sell some tokens to Bitcoin and Ethereum in order to limit my losses. Also, coupled with Defi hype where many attentions were channelled to them, a lot of tokens also suffered a little degree of lack of attention; however some DeFi projects I invested into also helped me to regain some of my losses. Currently I hold more of Bitcoin and Ethereum, still studying the market to know my next move on some altcoins; so, i lost some and later gained some where the losses is slightly higher.
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October 19, 2020, 07:32:19 PM
 #38

There's completely no change in my portfolio or my monthly income. I had no need to sell anything in the last 6 months.

I still have a stable income and I'm still able to make some profit from occasional trading. I have not bought any new projects because I'm waiting for BTC to explode before I spend some of it on gambling. That's what investing in new alts is - gambling.
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October 19, 2020, 07:56:39 PM
 #39

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?

It had not changed. Pandemic will not change anything long term. It just fast forwarded what was already cooking for us. We will get it delivered few years earlier.
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October 19, 2020, 08:14:56 PM
 #40

From the start of the lockdown, I tried not to touch my hodlings but it's hard with our current situation. I did sell some of my assets even I'm on the loss because life is getting hard at that time and I feel that I won't sustain last long without my real-life work, It's not part of the plan to give up some assets but the situation decide what to do. I lost almost 20% of my portfolio's value from the start of the pandemic in our country until now.

Ps. I have emergency money within me before the pandemic starts in our country, but it isn't enough to last me for a few months.

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