What risks will you get in investing during the COVID-19 pandemic?

[Khumaidi]

Using digital currency in various virtual transactions has become commonplace Bitcoin is an example of a digital currency of popularity, Bitcoin is on the rise and is being talked about by people around the world, even now many people are trying to look at Bitcoin as a promising investment instrument, including during the pandemic but investing in Bitcoin when the corona outbreak occurs needs to be done with various considerations and maturity, the limited movement of people of course reduces income from many business sectors, both tourism, or food, so during this pandemic, people think a lot about investing and even carefully read market movements.

Then, is investing in cryptocurrency safe enough, especially during the COVID-19 pandemic?

What is your opinion about whether or not there is a risk involved in investing during the COVID-19 pandemic?

[Melignya]

This pandemic only hinders, and cryptocurrencies are no exception, if interested, there is one article about the crypto market during the pandemic, I leave the link on the blockster below. https://blockster.com/blockdesk/1145_how-covid-19-increased-crypto-demand

[indah rezqi]

First, of course there is a risk of investing during a pandemic. Not only investing in cryptocurrencies, but investing in other spaces is also a risk. Second, regarding the economy, it is certain to decrease because of the restrictions on movement imposed by the government in their respective countries. When the source of income is reduced, it is certain that there is less capital for them to invest.

[poldanmig]

Whether there is a pandemic or not, investing in crypto certainly has risks that is certain that if we do not have sufficient knowledge in investing, in my opinion investing is not just buying crypto assets and storing them, but investing in crypto must have a strong knowledge base about analysis, opportunities, and also being able to read market conditions for the assets we invest in, nowadays many people experience losses when investing and that happens because they do not have knowledge of crypto so they invest only relying on instinct.

[Devifajarina]

Using digital currency in various virtual transactions has become commonplace Bitcoin is an example of a digital currency of popularity, Bitcoin is on the rise and is being talked about by people around the world, even now many people are trying to look at Bitcoin as a promising investment instrument, including during the pandemic but investing in Bitcoin when the corona outbreak occurs needs to be done with various considerations and maturity, the limited movement of people of course reduces income from many business sectors, both tourism, or food, so during this pandemic, people think a lot about investing and even carefully read market movements.

Then, is investing in cryptocurrency safe enough, especially during the COVID-19 pandemic?

What is your opinion about whether or not there is a risk involved in investing during the COVID-19 pandemic?

In this time of the COVID-19 pandemic, many sectors have been affected by the outbreak, both the economy, tourism and others, but if you look at crypto conditions that don't have a big impact in terms of investment, we can see the current movement of bitcoin and other coins on the market.

For now it is still very safe to invest in cryptocurrencies and currently cryptocurrencies are very supportive to do that, the COVID-19 pandemic conditions are not so influential in my view of investing, both now and later this year.

[Stewart66]

as I know since the emergence of the covid-19 pandemic, most companies or people come to this industry and take part in crypto to earn income since the emergence of corona. but it cannot be denied, that in my personal opinion the current market is very profitable.

[Al Qiyamah]

It is undeniable that the effects of the COVID-19 pandemic have caused many people to lose their jobs, not to mention the government regulations to keep doing activities at home. but some people even see investment opportunities in the crypto world being able to make a lot of money even in the midst of a pandemic. Cryptocurrency investment is indeed very high risk, but during this pandemic, the surge of crypto enthusiasts is even higher.

[3la9l_kolbaCa]

If you're living in a country that has low rate of employment, I don't think investing with bitcoin during pandemic can be a good choice. Covid-19 was a worst pandemic that turned the whole world's economy into lockdown and economic shutdown, that's why everybody's mindset was in a negative outlook.
But not for those expert on cryptocurrency, they're embracing this as an opportunity for an investment because demand also increase due to continuous demand. Facing huge risk also gain higher gains once you're getting into successful profit.

[goolesby]

As we all know, the Covid-19 pandemic has caused several company sectors to stall for quite a while. Many employees were fired and the company was forced to shut down.
Thus, there is a change in people's habits, namely stock investment. The pandemic period which incidentally made income decline, even made people flock to try to invest in crypto assets or cryptocurrencies.
Crypto investment in the midst of a pandemic was chosen because it saw that investment opportunities in other sectors were so weak. Crypto was chosen because it proved to be a safe haven asset. Cryptocurrency is currency as a digital medium of exchange. This currency uses blockchain technology so it is difficult to hijack, so it is very safe during this pandemic.

[Khumaidi]

Using digital currency in various virtual transactions has become commonplace Bitcoin is an example of a digital currency of popularity, Bitcoin is on the rise and is being talked about by people around the world, even now many people are trying to look at Bitcoin as a promising investment instrument, including during the pandemic but investing in Bitcoin when the corona outbreak occurs needs to be done with various considerations and maturity, the limited movement of people of course reduces income from many business sectors, both tourism, or food, so during this pandemic, people think a lot about investing and even carefully read market movements.

Then, is investing in cryptocurrency safe enough, especially during the COVID-19 pandemic?

What is your opinion about whether or not there is a risk involved in investing during the COVID-19 pandemic?

In this time of the COVID-19 pandemic, many sectors have been affected by the outbreak, both the economy, tourism and others, but if you look at crypto conditions that don't have a big impact in terms of investment, we can see the current movement of bitcoin and other coins on the market.

For now it is still very safe to invest in cryptocurrencies and currently cryptocurrencies are very supportive to do that, the COVID-19 pandemic conditions are not so influential in my view of investing, both now and later this year.

I totally agree with your view regarding the risk of the impact that occurs on stock investment during the covid 19 pandemic, yes indeed if we look at the market list, there has not been a significant impact on investing, but we must not deny that the economic conditions of all countries in the world look very declining. caused by a pandemic

[cabron]

Even when theres no pandemic there is always risk particularly when you buy at ATH price because you have no idea when is the right time.

Pandemic though had been affecting everyone so if your money is not your extra money that eventually after days you meant to take profit because you need to buy neccesities then its not time for you to invest. Instead just allocate a small amount like $50 for long term.

[ryzaadit]

Doesn't matter we have covid or not.

In every situation or time, investment is always risky that's why you should never use the money you can't afford to lose example financial money you are gonna user for your living. Good advice for everyone, never use your living fund because the market doesn't care what is your condition and we all know no one can't predict the money even you are using your living fund how long do you need to hold it? your family and you need to be eat ~XD

[mumang siat]

Using digital currency in various virtual transactions has become commonplace Bitcoin is an example of a digital currency of popularity, Bitcoin is on the rise and is being talked about by people around the world, even now many people are trying to look at Bitcoin as a promising investment instrument, including during the pandemic but investing in Bitcoin when the corona outbreak occurs needs to be done with various considerations and maturity, the limited movement of people of course reduces income from many business sectors, both tourism, or food, so during this pandemic, people think a lot about investing and even carefully read market movements.

Then, is investing in cryptocurrency safe enough, especially during the COVID-19 pandemic?

What is your opinion about whether or not there is a risk involved in investing during the COVID-19 pandemic?

The Covid-19 pandemic is a very significant level of risk for any world, be it investment, tourism and other sectors, but if we look at the current state of crypto, it has not really had much of an impact on them, we can see this from the last few months, market conditions have changed and are very stable, almost all coins rise to the maximum in the market. If we examine it in a few months, we can conclude that the Covid-19 pandemic has not had much effect on cryptocurrencies, this is evidenced by the current state of the crypto market.

[nemey]

precisely with the covid-19 pandemic, investors trying to get into the crypto world made the value of this digital currency soar, because this investment does not require face-to-face, and is safe when the pandemic is still proven Before the pandemic the price of Bitcoin was around $7,000, after the pandemic rose drastically to $60,000 .
The increase in crypto prices is influenced by the supply and demand process. Meanwhile, stock investments such as mutual funds and others are affected by the economic downturn due to the pandemic.

[dhemasm]

Then, is investing in cryptocurrency safe enough, especially during the COVID-19 pandemic?

I can't say if it's safe but comparing to the Stocks market Crypto performance was much better with Bitcoin breaking $50k wall and so the other altcoins too, People was searching an Store-Of-Value on current pandemic and Crypto was choosen along with some Assets like Gold or other precious metals so crypto was more profitable and probaly more safe (Personal Opinion) comparing to the others.

What is your opinion about whether or not there is a risk involved in investing during the COVID-19 pandemic?

There will be always risk on every investment out there especially Crypto since it's decentralized but as you can see crypto performance last 1-2 years, it was really good especially on the current pandemic.

[DapanasFruit]

Yes, very safe but there will always be risks and the main big one is its volatility...Bitcoin can be jumping today and then by next week it can suddenly be retreating and be controlled by bears. But then again, considering how it has grown the risks is nothing to possible rewards. But you have to do it now when the value has not yet risen that high otherwise deciding when to enter can be a big source of headache. Pandemic or no pandemic Bitcoin is bound to grow at a good rate because this digital asset has now established to be one of the best bet against inflation and possible controls coming from many sectors.

[asriloni]

Then, is investing in cryptocurrency safe enough, especially during the COVID-19 pandemic?

It's safe as long as you did a proper research but it will not safe if you have not done any research. There are lots of scam tokens and the pandemic didn't give any impact to the cryptocurrency.

I though that you have seen CMC and that was telling you about the truth

What is your opinion about whether or not there is a risk involved in investing during the COVID-19 pandemic?

The risk will always there even if this pandemic didn't happen and you will be always dealing with the risk. it can't be avoided and talking about this was totally meaningless.

[Bazlur]

1. Investment means a state of uncertainty. In other words, there can be profit as well as loss. Investment in cryptocurrency is no exception, whether it is during Covid 19 or any other time.
2. Investing in cryptocurrency is definitely risky. Because the volatility of crypto market is much higher than any real life investment. So before investing, you must acquire proper knowledge in this regard.

[Cling18]

Crypto investment has its risks no matter what the economic situation is. Even before the existence of the Covid pandemic last year, investing has been risky simply because cryptocurrency is volatile. They say that the bigger the risk, the bigger the gain so those who are willing to take the risk during this pandemic could gain a higher profit when the market reaches the best situation.

[adzino]

Using digital currency in various virtual transactions has become commonplace Bitcoin is an example of a digital currency of popularity, Bitcoin is on the rise and is being talked about by people around the world, even now many people are trying to look at Bitcoin as a promising investment instrument, including during the pandemic but investing in Bitcoin when the corona outbreak occurs needs to be done with various considerations and maturity, the limited movement of people of course reduces income from many business sectors, both tourism, or food, so during this pandemic, people think a lot about investing and even carefully read market movements.

Then, is investing in cryptocurrency safe enough, especially during the COVID-19 pandemic?

What is your opinion about whether or not there is a risk involved in investing during the COVID-19 pandemic?

What risk are you talking about? The risks was the same before and after pandemic. As long as you can afford to invest, there is nothing wrong. If you are suffering during the pandemic, then investing isn't the best option for you. You should keep in mind all kind of investment (not just bitcoin or crypto currencies) comes with risk. There is always a chance you might end up losing everything. Now if that loss is going to affect you life negatively, then don't invest anything. If it doesn't, then go ahead and invest as much as you can. Keep holding for long term and you won't regret at all.