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

[Rikotin]

I do not guarantee it is safe or not when investing in crypto, but I know that every investment has risks. related to that, if you are planning to invest in crypto then just set 30% aside some of your personal money and invest only with the top coins in the CMC market.

[Vaculin]

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?

Not likely that this pandemic may cause panic and worries for us. In fact, we've been in this situation for more than a year and look, everything is okay and the market is very healthy and growing. If you can imagine that we've been in new ATH during this pandemic this will tells us that this has a positive impact on crypto rather than negative. So therefore to say that instead of thinking negative this time, it is much better to think the opposite as this is not the reason for the cryptocurrencies to stop growing.

[Rengga Jati]

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?

Whether it is during a pandemic or not, there is no guarantee of safe investment in cryptocurrency. Before going to invest in crypto, you must note that investing in crypto is actually risky. If you can take the risks, just going on. But if you are afraid of taking the risks, just avoid this because if someday you are losing your money in crypto, you will be mad or stressed enough.

But, I am not only talking about investing in crypto is risk only. Investing in crypto is risky, but it is also worth it.
It will depend on how you yourself can manage your strategy, funds, and emotion in this investment so that you can minimize the risks and get the profits.
Always read much advice about investing in crypto likely:
- DOn't think that investing in crypto will make you rich overnight/easily
- Don't think that investing in crypto is zero risks, it always involves risks.
- Never invest because of hype or FOMO
- Invest the only the amount of money that you can afford to lose
- Learn and learn again, never stop to learn about investment in crypto.
And, there are much more advice that you can get here in this forum, moreover based on members' experiences.

[24Kt]

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?

Safe or not, for now it is not about covid or security but how we split money for daily living and investment. Because during pandemic some people get kicked from job, some others who have business can't really operated so for some people they need to use their savings as daily needs. And for investment, we should know and manage our money management really well so we still can spend for daily needs and investment balanced.

And as a user, it depends on your capability to invest during this pandemic. Every person has their own things to attend to. But if you have more than enough, why not take some risk but only for those established alts like btc or eth?

[kawetsriyanto]

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?

Why do you specify investing during the pandemic? Whether in a pandemic or in normal days, the risk is always the same. You must understand that investing in crypto coins is a high risk. But to remember that the risk can be minimized if we use the right strategy in investing crypto. Firstly, we must have sufficient knowledge about crypto investment and know well the nature of crypto market. So, we can determine when a good time to buy, also know when to sell the coins appropriately.

[arwin100]

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?

You need to know that there's no safe investment on whatever form it is, if someone offers you safe and say you can earn on it without even lifting your fingers or even if your sleeping forever then tag it as scam. You should know that investing on anything is risky that's why you need to learn first the risk you might face for taking bitcoin as investment better learn from this discussions and experiences from the old investors also you can seek an information via youtube or other source which you can find information about other things in crypto.

[FairUser]

Hey OP, I see you're imposing a problem in the midst of the pandemic and your ability to invest in this area. The impact from the epidemic on society is inevitable, and it will follow a series of problems that follow and include the financial sector. This market is no exception, the line of opportunity is really thin if you just talk and don't act. Success or failure depends on yourself, DYOR adds to this field, so you don't have to be the ones whining about it.

[Retainly_Collie]

There are many problems if you invest in this field if you are a newbie and think it is easy, so take a look in the mirror and poke your face to wake up and come back to reality. Even if there is no epidemic, you will still have to bear the risks. For me, it is better to prepare a situation with money, psychology, knowledge for it, because my perception of this field is almost a game between people and people, and love has better skills than them will be successful.

[Sayeds56]

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.

Any form of investment is always associated with risk and cryptocurrencies are not exception. The covid-19 has negative impact on all businesses, Travel, Transport, Tourism, Film industry and many many mores but surprisingly online businesses have grown during this hard time because of lock down and social distancing people avoid moving out of their homes unless it is necessary so obviously they spend more time on internet and involve in online trading and investment activities. Don't forget that Bitcoin has made ATH during the corvid-19 period   which surprises everybody..

[bitzizzix]

Risk in every investment has risk without affecting natural conditions such as the current pandemic, the only difference being the individual's financial situation and having to really choose the right and profitable investment.
it's good before doing you have to study it first and understand well and the risks that will be faced, and investing in crypto also has risks and but if you study it well and do a good analysis the risk will be far from you.
do in-depth research before choosing a coin that is good and profitable for you and choose the right time to buy and resell it at a favorable time and apart from that you must also have a strategy and a goal to get a good return according to your plan.
if your finances are not good during a pandemic, never invest with your core money and invest with extra money or you can afford and are ready to lose, so you must really prepare everything well before doing it.

[RussianEnglishTranslation]

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?

People will no longer be able to leave their homes so they will move to virtual worlds like cryptovoxels https://www.cryptovoxels.com/spaces/c858170a-8672-4b9c-95ab-7dfe6ef7a2e6 Investing in projects and land doing what's called "metaverse" will probably have high returns. Even facebook is moving their platform to the metaverse and purchased oculus VR. Blockchains hosting VR worlds will need to be faster than Ethereum, Ethereum is too slow currently for mass adoption so VR worlds will likely be built on Solana, Polygon, and NEAR protocol.

[gwdf1]

I think that there is no matter if it is a pandemic or not, crypto always has its risks. Personally I don’t think that interest in crypto is only because of people's little employment, but maybe it is rather because of the falling of dollars and its permanent emission during the covid-19. Investing in crypto is always risky, but if we talk about mainstream currencies, we can be more calm.

[Jolankaa]

all in all, I can say without a doubt that the pandemic has definitely accelerated demand for digital currencies, and enabled them to grow faster and higher than ever before. And, if fiat currencies do start to see inflation issues as many assume they might, we will be very lucky that the crypto industry has developed as much as it has. There is still a lot of work to be done and a lot of improvements to make, but it is growing at a rapid pace, and I can’t see any reason to call it a bad thing. https://blockster.com/blockdesk/1145_how-covid-19-increased-crypto-demand

[meanwords]

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?

There's always a risk investing in anything, Even if there's a pandemic or not. Although, we are actually moving up because of how Digital the world has become. Everything related to technology and internet is evolving at an incredible rate and this probably helped cryptocurrency grow. If you think about it, even if there's a risk investing in cryptocurrencies, the bullish market is making up for that.

[aemma]

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?

I even see this in another way, that is, in a more beneficial angle. That is, when people finds it hard going out to their businesses because of Covid-19 pandemic, they will most likely get involved with cryptocurrencies as that will give them the opportunity to also earn while at home. Also, in the case of some of the businesses like food as you mentioned, the owner of the business can go for home delivery services, and even go for acceptance of cryptocurrencies of his choice, such that, when orders are placed and paid with crypto, the food or whatever can be delivered to the person. This will save the business owner from running out of business, create jobs for dispatchers at the same time, save the customer the stress of going out and reducing the spread of the Covid-19.
Therefore in other words, cryptocurrencies will open up new ways for people if they give it that chance, so there is no risk at all but it however reduces the risks since all transactions are done online.

[NeverSop]

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

For me, investing in bitcoin is safe and potentially profitable, which has been proven in the past since the crypto market concept was born.  Covid 19 proves to be a great opportunity to invest more safely.  They have time to learn, research whatever is best, while bitcoin has become an asset that maintains the core and reduces risk to future finances.

[BigBos]

~Snip
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?

we cannot say that investing in bitcoin or other cryptocurrencies is safe because this is an investment that has a big risk. however, you can see for yourself, since the beginning of the pandemic, until now, the development of the crypto industry is very fast compared to others. in fact, it is very successful in developing, because even during the pandemic, bitcoin and other cryptocurrencies are growing by leaps and bounds.

however, so far, I'm also still making some profit from cryptocurrencies. I think that this is a good thing. but in this case, we also need knowledge because there are quite a lot of scammers, and other things that can make you uncomfortable in investing. however, the risk in cryptocurrencies is that their prices are very volatile, and I think it's still a profitable place to be in times of a pandemic, or even when it's over.

[tees420mar]

Covid-19 making everyone fear of their lives hence it taken too many lives now and still we are still far away of defeating the virus because of many variants coming lately and by that it will take lot more time to be stuck in our houses. The pandemic really made everyone's life miserable that's why we should stay protected and optimistic that one day we will go back to our normal routines without worrying

[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.

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

If this is calculated regarding fiat currencies, then it greatly affects the impact of the Covid-19 pandemic, but if you look at the current state of cryptocurrencies, there are almost no major effects, even now the crypto market is quite stable and promising.

That is why I say that investing in cryptocurrencies has no effect on the current state of the covid-19 pandemic, unlike investing in fiat or conventional currencies, it may be quite influential for now.

[semobo]

Pandemic which spreads all over the world crushed the economies which directly affected all class people but people who are rich will have enough money to survive while poor can't think about savings and investing, all they want is to survive the time and alive there in the future.