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

[molsewid]

Investing in any case requires careful thought, including investing in cryptocurrencies. If you are just getting started, then start with a small investment. until one day you understand cryptocurrencies, then you can start investing as you want

Investing right at the moment and still facing the effect of the pandemic is a different kind of decision that every traders are now dealing. I mean, the life right at the moment is hard, the economic of every nation is still trying to make up from the economic lose. In my personal experience figuring out how to allot a part of my money today for investment is worth it and hard decision at the same time because the risk of I might lose the money that I have was still there but I'd still have to choose to take a risk than be sorry.

[blockman]

Investing is not choosing any world problem or global crisis. The right time to invest whether it be cryptocurrencies or any other investment vehicle is when you're ready.
There's no problem as you invest in bitcoin at the time of the pandemic, that's even better because you've seen how this pandemic is devastating those people that have no other means of income. And as you invest, you're hoping that someday you'll use the profit in the right thing if some unexpected event comes into your life and you need some cash for it by which you're going to use your profit from your investments.

[carrigan]

All investments have risks, whether investing in cryptocurrencies or something else. Especially during the COVID-19 pandemic, as it is now, some people's income or income has decreased, even to the point of losing their jobs. This certainly makes the capital to invest down and decrease. But despite all that, there are actually many people who trade in cryptocurrencies due to restrictions on outside activities, so they are looking for ways to keep making money even if only at home, namely by investing in cryptocurrencies with the capital they have.

[Devifajarina]

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.

This has nothing to do with investment actions in my opinion, in fact today the poor do not really understand what investment is, especially with regard to investing in the crypto world, we are discussing the issue of the impact of the covid-19 pandemic in relation to investing in cryptocurrencies, so the respondents are not poor people which is a general reference in seeing the impact, indeed based on several research results from experts or economists who say that the COVID-19 pandemic is greatly affecting investment at this time.

[ninabobo]

Investing during a pandemic could be very risky due to the rate of price decrease in commodities but can also be a good time for investment because at that time you get most things cheaper especially in crypto you get most coins very cheap which increases your chances of getting more profit because when the effect of pandemic reduces those who sold in panic would want to reinvest and surely price will start increasing again, we could all use the previous covid pandemic as an example after many people sold in panic later on price pumped real good.

[kotajikikox]

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.

it is late to talk about Covid 19 investment related to crypto investing because we are already close to ending this virus meaning the effect in market is not that high compared to what we had last year when the virus is just spreading.

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.

it is not the poor that we are talking here but instead investors who are capable but have some doubts because of the pandemic.

[imstillthebest]

you already explain how difficult the situation right now because we are still in covid pademic therfor investing is difficult too because people can only have limited funds and if ever they loose it they may not be able to invest anymore but like you said people are more attentive now ,
they can carefully chose a crypto and watch the coin closely so chance of loosing can be lesser now than earning .

[Coyster]

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.

All these do not really affect Bitcoin, it is the traditional economy that feels all the brunt of lockdowns and closed businesses, that's the reason why many economies are still struggling as a result of the pandemic and the policies they took to curtail it, ironically, this is a very good time to Invest in Bitcoin, with inflation affecting most fiat currencies, Bitcoin is a good hedge to fiat devaluation and a means to retain the value of ones funds.

Having said that, there are always risk concerns with the network, notwithstanding the time or period you invest, but what is necessary is just to work in building sufficient knowledge of the network so you don't invest more than you can afford to lose and also so you don't lose your funds to scammers, that's a few what you have to consider before investing, and then again, Bitcoin has been relatively unaffected by the covid-19 pandemic till this very time, and that's why institutional investors and influential individuals are now investing in Bitcoin, that's enough to prove that Bitcoin is a good investment pre, during and post pandemic.

[Melignya]

I think on the contrary it is a great time to invest in cryptocurrency, I read an article on the subject, I think many will like it https://blockster.com/blockdesk/1145_how-covid-19-increased-crypto-demand

[topbitcoin]

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 am beginner in investment or maybe trading. But i don't think invest in cryptocurrency at this pandemic is bad, because it not really affect on crypto price and already 1 year after pandemic, crypto price not collapsed yet. Maybe with that, people start to make investment in other sector and crypto can be their choice. And that can cause crypto price will rally and increased because a lot of demands.

[BuNga_cute]

you already explain how difficult the situation right now because we are still in covid pademic therfor investing is difficult too because people can only have limited funds and if ever they loose it they may not be able to invest anymore but like you said people are more attentive now ,
they can carefully chose a crypto and watch the coin closely so chance of loosing can be lesser now than earning .

In the current pandemic situation it is increasingly difficult to make money, therefore we must be careful when deciding to invest in crypto.
Don't let our limited money buy shitcoins, it will be very painful, because the possibility of experiencing losses is very large. We must be able
to do research and analysis, in order to find out which coins are worth buying. If we trade correctly, meaning that we have good knowledge
and skills, it will be easier to make a profit and reduce the risks.

[traderethereum]

It is safe to invest in cryptocurrency but that will depend on each people because if they can still make money, they can use some amount to invest in crypto.
Otherwise, they will use that money to fulfill their daily needs because that is the crucial thing they should do to survive this pandemic.
As long as they can cover their daily needs and still have money, that will not be a problem if they want to invest in crypto.
Before they invest in anything, they must calculate how much money they should use and survive for their daily needs.

[tsaroz]

Unlike to some prediction, most people are saving during the covid times. Some people in hospitality business are still suffering but most of the people are back to their work or a new one. And with lower travel and other expenditures, people tend to have more cash on their hands. Hence the flood of capital into stocks market and crypto. And with current crackdown on private companies in China, Chinese are all into crypto now.
Crypto is one of the safest place you can invest right now. Just keep the money for your food with you. Don't invest more than you afford to lose. And you are all set to ride the crypto wagon.

[yurez]

Regardless of the situation in the world, investing in cryptocurrencies or other assets is always risky. During the onset of a pandemic or crisis, you can buy assets at cheaper prices, but this does not guarantee their growth in the future.

[Shasha80]

Regardless of the situation in the world, investing in cryptocurrencies or other assets is always risky. During the onset of a pandemic or crisis, you can buy assets at cheaper prices, but this does not guarantee their growth in the future.

Before the pandemic, investing in crypto was already risky, volatile price movements made it difficult for us to predict. Especially in a pandemic
situation, we must be more careful in making decisions, because we don't waste our money on dubious projects. The current pandemic situation is
very difficult to make money, then use the money we have as well as possible. My advice is to invest in top altcoins with lower risk than
new projects, because top altcoins have high demand. So it is safer to invest in top altcoins, the most important thing is that we have to be patient
and wait until our target is achieved.

[dimox]

if person is too common with crypto, or investing on crypto, i think they wont get negative effect because they have back up from money savings. the problem is when people have daily job, and some of salary put on crypto for investation, it will be bad news because pandemic make poeple get hard to stay on their job.

[suryana]

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?

When we have decided to invest, we actually have to be ready with all the risks. Investing wherever there is Covid or not, there is also a risk. It's just that the choice comes back to you. Where to invest if you have studied the knowledge and ins and outs of the investment. Crypto is also good in my opinion. This is what I choose when I work, my savings are invested in bitcoin and altcoins..and I often monitor their movements.

[Pelana vreo]

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 think it's safe if you believe in your choice, I have a beverage business and due to lack of visitors during the covid19 outbreak, I decided to invest in crypto, there are many options but when you only have 2 options, which is to stay in lockdown and not make money, then investing in crypto is my choice, why I choose it, because crypto prices fluctuate and choose short term investments to get a profit of at least 2% when trading. all forms of investment are risky, but if you choose platforms and coins that have a large market cap then there is nothing to worry about. DYOR

[geegaw]

Investing during a pandemic could be very risky due to the rate of price decrease in commodities but can also be a good time for investment because at that time you get most things cheaper especially in crypto you get most coins very cheap which increases your chances of getting more profit because when the effect of pandemic reduces those who sold in panic would want to reinvest and surely price will start increasing again, we could all use the previous covid pandemic as an example after many people sold in panic later on price pumped real good.

The rate of decline in prices is not in commodities, the decline is in the value of cash, just walking around the markets and supermarkets in countries with a large Covid pandemic, the demand for goods is very high while money gradually loses value, quite a few people started swapping their cash for investment sectors to increase the amount of cash as well as limit the slippage of money. Investing during the pandemic is a smart form, the risk is the same, only afraid of the impact of bad news and someone pulling the strings to devalue.

[pjwaffle]

Of course, investing during the covid-19 pandemic will have a high risk, because during the pandemic, the economy is in recession, leading to many investors dumping quite high prices, since the appearance of the covid epidemic -19 have you noticed that the market has been quite volatile, almost all cryptocurrency prices have gone down and so far things have gradually recovered, but we are clearly affected by the great battle. This covid epidemic has affected many fields, including cryptocurrencies