btc-facebook
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Activity: 1862
Merit: 1015
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October 21, 2020, 01:25:41 AM |
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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?
The impact of the pandemic is not only felt by companies in the real world, but cryptocurrency investors are also feeling it. I am sure there are lots of investors whose portfolios have lost, many coins whose prices have not recovered after March 12th when the market price fell more than 50% in just a few hours. like Vergecoin or Dogecoin, or Waves coins.
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Fivestar4everMVP
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Activity: 2436
Merit: 1085
Leading Crypto Sports Betting & Casino Platform
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October 21, 2020, 03:05:39 AM |
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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?
The impact of the pandemic is not only felt by companies in the real world, but cryptocurrency investors are also feeling it. I am sure there are lots of investors whose portfolios have lost, many coins whose prices have not recovered after March 12th when the market price fell more than 50% in just a few hours. like Vergecoin or Dogecoin, or Waves coins. You said it all mate, the pandemic was not only felt by companies outside crypto but some of those in crypto also felt it hard, I currently hold 2 shit tokens in my Ethereum wallet right now, this tokens are from 2 different crypto companies that were just starting up before the pandemic came, they were very promising and a good team behind the project, but today, this companies are no where to be found, not that they ran away, but they are struggling really hard to find a place in crypto, their tokens in the market are totally worthless with no buy order from anyone.
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coinsycrip09
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October 21, 2020, 03:27:11 AM |
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during this pandemic, many people felt panic because some of their businesses were threatened with bankruptcy. I'm grateful, so far the pandemic hasn't really affected me.
some of the coins that I hold have increased quite well, maybe the impact this pandemic has on me is still in a good direction. I hope this pandemic ends soon so that the people's economy will improve again.
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Zazzu
Sr. Member
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Activity: 518
Merit: 256
Living the truth....
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October 21, 2020, 05:22:59 AM |
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Actually, my portfolio has been better , because Oct was a good month for ICOs and I tried to get in some of them , Since the election of the USA is close I try to get away from trading as it seems uncertain situation for the stock market also cryptocurrency future.
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New_order
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Activity: 238
Merit: 15
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October 21, 2020, 05:43:38 AM |
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It's not easy to live on after losing your job, of course it's certain that the pandemic will have negative effects on crypto investors portfolio, we have to survive and live on, the more money you make the more money you spend, I think there will be better crypto adoption once this pandemic is finally over.
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weborsha
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Activity: 560
Merit: 11
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October 21, 2020, 05:50:29 AM |
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The best thing about cryptocurrencies is that they are out of any system. They are not regulated so I cannot say thet the pandemic affected my portfolio so much.
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bryant.coleman
Legendary
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Activity: 3766
Merit: 1217
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October 21, 2020, 06:20:03 AM |
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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 don't want to talk about my cryptocurrency holdings (but there is not much change in the composition or size during the mentioned period). If I look at my non-crypto portfolio, I have to say that this pandemic season was like a boon for me. I am working from home for the last 7 months. Salary is the same, and the expenses have been cut by more than half. As a result, my savings have swelled. I invested most of the money in stocks and mutual funds, and some in bullion and fixed deposits. During the last 7 months, my non-crypto portfolio grew by around 50%, while my cryptocurrency portfolio grew by around 20% (only due to the increase in exchange rates, as I haven't purchased any new coins).
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Sy
Legendary
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Activity: 1484
Merit: 1003
Bounty Detective
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October 21, 2020, 06:49:25 AM |
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My portfolio got reduced to almost nothing. My business was severely impacted by the coronavirus crisis because of that I had to kept selling my portfolio % to just keep up with monthly mortgage and all daily needs but, now I am rebuilding my bags slowly.
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Coroline
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October 21, 2020, 07:31:26 AM |
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My savings portfolio decreased, because I really lost my job. The government forbids and I can only obey the rules. They said this was for the common good and so that COVID could be resolved immediately. Nonsense! I jumped back into the cryptocurrency world to make money and trading was my way of life. The payoff was not big, but it was enough to survive. Thanks to DeFi and thanks to Idena
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akirasendo17
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October 21, 2020, 09:26:58 AM |
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it goes down more since the start of the pandemic, but since I need to look for something as a sort of like income, I decided to search and look for opportunities in crypto world, but since the price is volatile, I can't escape loses but got some hits also along the way, so what I get in those successes are just going to food and help some bills hopefully, i will be able to focus because its hard also
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imstillthebest
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October 21, 2020, 09:32:51 AM |
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people are now stressed because of financial instability and add in the status of cryptos right now which were also affected by the pandemic .
if cryptos are down , people will still prefer to hodl and wait . so thier portfolio should still look the same as before but there could be some cases that people will take the loss because they also need financial because they lost thier jobs . thier portfolio can be lesser now if not empty . gaining more during this bad times are like a joke .
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Cling18
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October 21, 2020, 09:42:17 AM |
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Honestly, my portfolio has been in a shakey situation during this pandemic because I have lost my job during the lockdown. I got no choice but to trade and sell some of my holdings. However, I don't see it as a worse thing but I rather see the brighter side of it. It's the best time to grind again and try to earn more so we could replace the holdings that we have lost during this pandemic.
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Golftech
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October 21, 2020, 09:47:52 AM |
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Before the pandemic, I still had several assets such as etherum in my wallet. aiming to wait for the price to increase, but during this pandemic I had to sell everything. and now my portfolio is empty, only a few tokens still can't be withdrawn.
Pandemic affects our investment, as most of us loses their jobs and the crisis forces us to sell out reserve assets, sad true that we can't do nothing but in order to survive we really needed to let go. I also have some bitcoin storing it for a while believing that there's something good that will take place after the halving. But it's needed to let go since surviving to continue life is much important, even it's needed to empty my wallet for good.
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CryptoTrip
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October 21, 2020, 09:48:33 AM |
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Before the pandemic, I had everything in stablecoins, although that was the time when I had to buy. At the moment, I have eth in my portfolio (took 250$), trx (0.025$) and stable coins, I take altcoins only for a short time (1-2 weeks) now.
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devil2man
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Activity: 759
Merit: 15
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October 21, 2020, 10:29:22 AM |
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my wallet before the virus was full of many altcoins because I was doing a long term hold strategy, but now I have changed my mind and I have changed / sold everything and I have kept in my wallet only a few altcoins which in my opinion have a high value that will last in the time more precisely bitcoin, ethereum, dai and usdt (for the stake), pnt, twt
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proTECH77
Member
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Activity: 1120
Merit: 30
Bisq Market Day - March 20th 2023
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October 21, 2020, 11:01:38 AM |
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Many people where busy marketing their coins base of what they saw in one article that market will fall before lockdown that make so many people sold their coins in a low profit in the market. Many use the opportunity to release their old coin they where holding before over some years hoping that market will soon change positively for their favour before they saw the article that make them release all their coin to market. After the pandemic I really enjoyed the market because all the crypto I hold during the pandemic bring me a good reward. Patient really help me during the pandemic i was not in a has to follow the fake information I heard than to do my own personal research that help me to get the price of the market well. It is good to be patient with our investment some time to see what it will bring.
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ScamViruS
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October 21, 2020, 11:13:13 AM |
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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 didn't have much of a problem when the pandemic started, because I had money to spend. But slowly I started to face problems when my money was running out. However, cryptocurrency has helped me financially, with crypto trading I have been able to keep myself well even in the worst economic conditions of this world. This pandemic has taught us well how important savings are. But now my crypto portfolio has grown exponentially. I hope to get something good back in the next bull market.
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cheezcarls
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October 21, 2020, 11:30:27 AM |
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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?
My portfolio before and after the pandemic? It's the other way around though. Before the pandemic happened, I'm almost going downhill because I didn't have stable work back then and my crypto savings are almost zeroing out due to my bad trading and "holding too much" decisions. But when pandemic began and experiencing lockdowns, I saw an opportunity that I can do more rather than just staying within my comfort zone. It's actually a wake up call for me. I keep gaining more coins/tokens by just doing additional services for various crypto companies such as promotional videos, live AMAs, banners, ambassador work, etc. If I didn't take action while stuck at home, I would have ended up selling my precious gadgets just to survive. But right now, I'm in good hands because of my determination in working hard and smart to pursue my dreams again. I've been knocked down and experienced rock bottom many times in my life, but I always get my ass back up again and start grinding back to relevancy.
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Wawa2013
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October 21, 2020, 11:58:59 AM |
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I was one of those who panicked when the pandemic started, I even sold all the coins I had. Now I regret what I have done, because I don't believe the coins I hold. Even though based on the research I have done, investing in cryptocurrency is not affected by the pandemic. Now I am starting to buy some coins that are potential, better late than never.
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darkphoenix2610
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October 21, 2020, 12:19:21 PM |
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So sad to see my portfolio now, it's been slowly melting my funds (LOL). I've got a token which is 1.90$ before the start of the pandemic hoping it will reach its ATH but what happened is that it dived so dip to as low as .49$ that's almost x5 losses of my original assets. Now I am hoping that it will return to my original numbers of assets as I can see Bitcoin is pumping so hard. Hopefully...
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