Is bitcoin a good investment in this pendamic situation?

[mumang siat]

Crypto currency is one of the best investment platform in whole world. Where bitcoin is more profitable and secure investment which we have already proven. So in this pendamic situation those who wants to hold an asset that's resistant to inflation may find investing in bitcoin will be a good idea. Because Where the central banks of any country have the permission to print infinite amount of fiat currencies on the other hand the quantity of bitcoin is fixed in number and limited by its supply capped at 21 million. I think demand is more than supply is applies for bitcoin so in this pendamic situation bitcoin will be a good investment.

In the current pandemic conditions, crypto is the best solution for investing, especially if we invest using bitcoin, the pandemic conditions do not have a big impact on bitcoin, because bitcoin's stability can survive in such conditions.

In contrast to investing using fiat money, this is very influential with the current pandemic conditions, fiat money usually experiences a recession against an ongoing disaster or pandemic, that's why bitcoin is safer than investing in fiat currency.

If we have some spare money and wanted to have an investment, it was best to choose Bitcoin. But of course, we also have to consider who we are like if we are an emotional person or not a risk taker, this is not suitable for you. I'll go for having a local business, instead.

However, we have to consider the current situation that some brought big losses to local businesses. Some companies are shut down, most offline transactions have been down so maybe it was time to divert our minds and to adopt the new environment where online investment was meant so well.

Almost everyone with finances is more likely to choose to invest in bitcoin, rather than take the risk of investing in altcoins, but not everyone with money thinks that way.

Today we need to know the level of our ability to invest, whether we can afford bitcoin or altcoin, after that we just need to do a study to make a choice, especially if our condition is unstable and emotional, this will not be suitable for investing in bitcoin.

The situation of local business losses, offline transactions stopped, this needs to be considered at this time, that all forms of investment have their respective levels of risk, so there must be other options in investing, so that the investment can produce perfect value.

[awakpane]

The pandemic period seems to be the right time to invest in crypto assets. While stocks and global markets are experiencing a slowdown due to COVID-19, cryptocurrencies are experiencing a significant price spike. Bitcoin price soared. The rise in the price of bitcoin this time is very fast. Even the price of Bitcoin has reached $64k. I am sure that number will continue to increase.

[OrangeII]

Bitcoin before the pandemic was also a good investment, it is not only compatible with this mess.  Bitcoin has an influence on the entire economy, politics, society, finance..., Covid 19 only makes us realize how degenerate Fiat is and how much risk from the bank is how serious.  Bitcoin is becoming more and more important, store of value, trillion assets, digital gold…etc as all have proven investing in bitcoin is the ultimate safety and perfect for tapping endless potential  about profit

yes, before or after the pandemic, bitcoin is still a good investment right now. in fact, among the many industries and places of investment that cannot survive in these conditions, bitcoin is even growing, and has a high price.

besides, during the pandemic, many investors started targeting bitcoin as their place of investment, and it didn't disappoint them. one of the pretty good articles I read, and even from the conclusion it also said that bitcoin didn't disappoint them.

Source : https://www.europeanbusinessreview.com/covid-19-pandemic-and-bitcoins-growth-in-the-crypto-industry/

that means, I think, whatever the circumstances, bitcoin has been a very good investment, even in the worst of circumstances.

[TimeTeller]

Bitcoin before the pandemic was also a good investment, it is not only compatible with this mess.  Bitcoin has an influence on the entire economy, politics, society, finance..., Covid 19 only makes us realize how degenerate Fiat is and how much risk from the bank is how serious.  Bitcoin is becoming more and more important, store of value, trillion assets, digital gold…etc as all have proven investing in bitcoin is the ultimate safety and perfect for tapping endless potential  about profit

yes, before or after the pandemic, bitcoin is still a good investment right now. in fact, among the many industries and places of investment that cannot survive in these conditions, bitcoin is even growing, and has a high price.

besides, during the pandemic, many investors started targeting bitcoin as their place of investment, and it didn't disappoint them. one of the pretty good articles I read, and even from the conclusion it also said that bitcoin didn't disappoint them.

Source : https://www.europeanbusinessreview.com/covid-19-pandemic-and-bitcoins-growth-in-the-crypto-industry/

that means, I think, whatever the circumstances, bitcoin has been a very good investment, even in the worst of circumstances.

It turns out, that this pandemic is a blessing in disguise for crypto market.
The adoption is continuously increasing day by day, especially that merchants are now looking for alternatives in payment method.
A lot are already going digital and crypto payment is one good option that they can integrate with.
So for me, the future in crypto is somewhat bright, so it will be good to get in, in this market.
But one should know what he's getting into before thinking of spending money in crypto.

[coin-investor]

It's a good investment when a pandemic just starting out but unfortunately only a few invested when the market crash, there are so many FUDS back then and we have seen how the market rose from a few months after the pandemic, when after the collapse of the other markets they move to the Cryptocurrency and from there the market recovers and made those risk-takers huge profits.

[darkangelosme]

Crypto currency is one of the best investment platform in whole world. Where bitcoin is more profitable and secure investment which we have already proven. So in this pendamic situation those who wants to hold an asset that's resistant to inflation may find investing in bitcoin will be a good idea. Because Where the central banks of any country have the permission to print infinite amount of fiat currencies on the other hand the quantity of bitcoin is fixed in number and limited by its supply capped at 21 million. I think demand is more than supply is applies for bitcoin so in this pendamic situation bitcoin will be a good investment.

Yes indeed Bitcoin is a good investment for long term, much more if there are pandemic like what is happening right now cause there will be panic selling of crypto  and you must see that as an opportunity to gain some profit in the near or far future.

[bitbunnny]

I think that pandemic is just one of triggers that helped to change people's view on cryptocurrency in general, not just Bitcoin. People are more aware that alternatives are necessary and that Bitcoin is one of them and something good to invest in. Also, I think that this trend will continue and that slowly but certainly Bitcoin will become quite usual for many people who will change their opinion about it.

[Yamifoud]

all who are familiar with crypto no one doubts investing in bitcoin in my opinion so and it is very appropriate, a promising investment in the future. right now the price of bitcoin is very high, but many people and I also believe that you will still benefit if you invest in bitcoin. those who are patient in investing are the winners, that is the key to getting profits in investing and that has been very proven when the bear market comes, don't panic because after the bear market the bull market will definitely come back.

And most of these people will just about to vanish or even quit once they got lost their investment.
As for me, investing is not just for the time that the market price is high, but we have to look at the possible rewards in the next few years was it possible that Bitcoin price will increase more $100k, $200k.
That is how it thinks that some rich people are hoarding Bitcoin during the bear season as they got this idea and look, they are getting richer. So, this is probably a good investment for those who can afford  and for those who are also willing to take risk.

[Vaskiy]

all who are familiar with crypto no one doubts investing in bitcoin in my opinion so and it is very appropriate, a promising investment in the future. right now the price of bitcoin is very high, but many people and I also believe that you will still benefit if you invest in bitcoin. those who are patient in investing are the winners, that is the key to getting profits in investing and that has been very proven when the bear market comes, don't panic because after the bear market the bull market will definitely come back.

And most of these people will just about to vanish or even quit once they got lost their investment.
As for me, investing is not just for the time that the market price is high, but we have to look at the possible rewards in the next few years was it possible that Bitcoin price will increase more $100k, $200k.
That is how it thinks that some rich people are hoarding Bitcoin during the bear season as they got this idea and look, they are getting richer. So, this is probably a good investment for those who can afford  and for those who are also willing to take risk.

Investment is all about the return in the next few years time. Whenever an user experience loss, it gives them the understanding about the risk. Here very few take it on the positive note and continue to invest and succeed. Majority believe it as a high risk market and never realise the mistake done by them causing loss.

Rich invest the excess amount from their living needs whereas the common man is supposed to risk from his living needs. This is why rich has the ability to hold unlike the market whereas the common man can't.

[lienfaye]

From year to year, bitcoin has been growing in value to date. We already know the initial price when bitcoin was first born, and compare it to today's price. That's already very profitable, if you don't sell your bitcoin possession in the year before. So bitcoin is indeed the best investment that can make a person's economy better. Especially in pandemic times like now, real-world jobs have been reduced.

The price history of bitcoin has showed us that from scratch, bitcoin turn to one of the profitable investment nowadays although we cant take away the risk. Its not suited for investors who dont have patience and cant wait longer to see the outcome of their investment, since we know it might take a long period before the price continuously increase, plus correction is inevitable as well.

Regardless of the current situation we have, what matter is you're willing to take risk and prepared for worse case scenario if you decided to engage yourselves in crypto. Its a roller coaster ride and those who are able to bear it are the ones who can gain from their investment.

[Fredomago]

From year to year, bitcoin has been growing in value to date. We already know the initial price when bitcoin was first born, and compare it to today's price. That's already very profitable, if you don't sell your bitcoin possession in the year before. So bitcoin is indeed the best investment that can make a person's economy better. Especially in pandemic times like now, real-world jobs have been reduced.

The price history of bitcoin has showed us that from scratch, bitcoin turn to one of the profitable investment nowadays although we cant take away the risk. Its not suited for investors who dont have patience and cant wait longer to see the outcome of their investment, since we know it might take a long period before the price continuously increase, plus correction is inevitable as well.

Regardless of the current situation we have, what matter is you're willing to take risk and prepared for worse case scenario if you decided to engage yourselves in crypto. Its a roller coaster ride and those who are able to bear it are the ones who can gain from their investment.

Not fit with people who can't handle the risk, not for those who are intend is to get rich in an instant but suitable for people who have a huge amount of patience for.

More on deeper knowledge and right understanding, before you jump to any conclusions, make sure to yourself that you have this capability. Avoid listening or following what you heard or read, but do your diligence to always do your DYOR.

Bitcoin is a good investment not only in this pandemic season but more on any time table as long as you know what you are doing.

[MusaMohamed]

The price history of bitcoin has showed us that from scratch, bitcoin turn to one of the profitable investment nowadays although we cant take away the risk. Its not suited for investors who dont have patience and cant wait longer to see the outcome of their investment, since we know it might take a long period before the price continuously increase, plus correction is inevitable as well.

Bitcoin is a good asset not only in the pandemic but in all years from now till next 4 or 5 halvings. I can imagine how the world will use Blockchain and Bitcoin more in next 16 to 20 years.

Regardless of the current situation we have, what matter is you're willing to take risk and prepared for worse case scenario if you decided to engage yourselves in crypto. Its a roller coaster ride and those who are able to bear it are the ones who can gain from their investment.

Bitcoin needs 3 halvings to help people understand its scarcity and how the market cycle looks like. It rolls slowly from 2009 to 2021 and the pandemic, QEs from governments help it more.

I believe if the world does have a pandemic, Bitcoin will still follow the Stock to flow model that speculate the price more than $100,000. 

[asrinur]

I really don't want to underline the pandemic to be the reason for your investment but take investing in bitcoin like investing in it like doing it on Christmas or st Patrick's day..it really doesn't matter.
But if we had to make the pandemic as a reason, with time most of us will learn to use less of fiat in its physical form and will opt to use cashless options like cryptocurrencies, so yeah it's a good idea to invest in bitcoin now .

I think, because the price of bitcoin actually increases during the pandemic, where the prices of other investment commodities are exposed or fall due to the impact of covid-19. People certainly choose the right investment in securing their money. The Covid-19 outbreak that attacked various sectors, especially the economy, turned out to have its own influence on Bitcoin's performance. Therefore, it is not surprising that many people are increasingly interested in investing in Bitcoin

[Ultegra134]

Not sure if Bitcoin was a good investment in the pandemic, however, I had plenty of time through this whole situation which was favorable with cryptocurrency in general. It was definitely a decent opportunity to take advantage of the extra time and out it towards Digital currencies in general, not just Bitcoin.

I conducted several investments throughout the pandemic, but it doesn't necessarily have to confine Bitcoin only.

[geegaw]

I really don't want to underline the pandemic to be the reason for your investment but take investing in bitcoin like investing in it like doing it on Christmas or st Patrick's day..it really doesn't matter.
But if we had to make the pandemic as a reason, with time most of us will learn to use less of fiat in its physical form and will opt to use cashless options like cryptocurrencies, so yeah it's a good idea to invest in bitcoin now .

I think, because the price of bitcoin actually increases during the pandemic, where the prices of other investment commodities are exposed or fall due to the impact of covid-19. People certainly choose the right investment in securing their money. The Covid-19 outbreak that attacked various sectors, especially the economy, turned out to have its own influence on Bitcoin's performance. Therefore, it is not surprising that many people are increasingly interested in investing in Bitcoin

Facilities as well as close working conditions between people, conveying messages to the opposite party to create results, it is a prerequisite for stabilizing the performance of other investments but this deadly disease has destroyed the solidarity and basic transmission, bitcoin is more flexible at the point of contact that can be at great distances and online, bilateral does not need too much face-to-face, sometimes anonymous to work and there are third services to support. The disorder of the situation exposes the weaknesses and enhances the character of bitcoin but hardly implies that bitcoin is one of the good investments

[macson]

Crypto currency is one of the best investment platform in whole world. Where bitcoin is more profitable and secure investment which we have already proven. So in this pendamic situation those who wants to hold an asset that's resistant to inflation may find investing in bitcoin will be a good idea. Because Where the central banks of any country have the permission to print infinite amount of fiat currencies on the other hand the quantity of bitcoin is fixed in number and limited by its supply capped at 21 million. I think demand is more than supply is applies for bitcoin so in this pendamic situation bitcoin will be a good investment.

There's no denying that Bitcoin is the best investment during this pandemic.  we can see for ourselves in the market, that of all existing investment instruments ^{(property, gold, stocks)} only bitcoin has had a high and fast rise since this pandemic emerged.  i one hundred percent agree that bitcoin is the best investment in this pandemic time.

[Raflesia]

Not sure if Bitcoin was a good investment in the pandemic, however, I had plenty of time through this whole situation which was favorable with cryptocurrency in general. It was definitely a decent opportunity to take advantage of the extra time and out it towards Digital currencies in general, not just Bitcoin.

I conducted several investments throughout the pandemic, but it doesn't necessarily have to confine Bitcoin only.

During the pandemic bitcoin has experienced a sufficient increase, it can even create a trend period long enough so that this can keep the price of bitcoin up to now.
I always take advantage of every opportunity that exists even during the pandemic, of course I have invested a lot not only in bitcoin but other cryptocurrencies, therefore the value of digital currencies nailed drastically as long as they were within limits.

But I believe during the bulls throughout this pandemic there have been many investors who have made a lot of profit and some have even held it for a long time, so they still believe it is quite worth investing in during the pandemic.
For me this is not affected by this outbreak.

[Hamphser]

Not sure if Bitcoin was a good investment in the pandemic, however, I had plenty of time through this whole situation which was favorable with cryptocurrency in general. It was definitely a decent opportunity to take advantage of the extra time and out it towards Digital currencies in general, not just Bitcoin.

I conducted several investments throughout the pandemic, but it doesn't necessarily have to confine Bitcoin only.

During the pandemic bitcoin has experienced a sufficient increase, it can even create a trend period long enough so that this can keep the price of bitcoin up to now.
I always take advantage of every opportunity that exists even during the pandemic, of course I have invested a lot not only in bitcoin but other cryptocurrencies, therefore the value of digital currencies nailed drastically as long as they were within limits.

But I believe during the bulls throughout this pandemic there have been many investors who have made a lot of profit and some have even held it for a long time, so they still believe it is quite worth investing in during the pandemic.
For me this is not affected by this outbreak.

Not that really fan on correlated outside situation or events into this world with crypto market on which most people been anticipate that it surely does but it doesnt really connect out and
that rise up in price doesnt precisely mean that the current pandemic is the main reason.

When asking out if bitcoin is a good investment? It doesnt matter if what situation we are in because if we do recall out on how well or far it goes for a decades time then
we wont really be having those doubts

but of course only invest on the amount that you could afford to lose as always.

[StreakW]

The pandemic period seems to be the right time to invest in crypto assets. While stocks and global markets are experiencing a slowdown due to COVID-19, cryptocurrencies are experiencing a significant price spike. Bitcoin price soared. The rise in the price of bitcoin this time is very fast. Even the price of Bitcoin has reached $64k. I am sure that number will continue to increase.

Right. Bitcoin has proven its position is not shaken by the global crisis when the pandemic occurs, in fact the price has actually increased. Although the increase in bitcoin occurs gradually and there will be times when the market will be saturated and investors are profit taking. However, this will not last long and the price of bitcoin will rise again.

[BobK71]

Investing in digital currency or bitcoin is very much profitable. Bitcoin is eligible to adopt every where in the world. it is also the consciousness of modern man. People of the present age want the opportunity of free transactions which can be fulfilled 100% by bitcoin. So I think the demand for bitcoin will increase day by day.