Post
Topic
Board Economics
Re: Bitcoin and COVID
by
usekevin
on 07/06/2020, 20:48:03 UTC

But if you just recently invested in bitcoin because of the bitcoin halving, it's kinda useless and won't help you during the pandemic.


Not unless if he will hold it until Bitcoin hits new heights or hits another ATH. But, when the sole purpose of investing is to try to make money for a short period of time to bridge the gap of the economic recession during this pandemic, then I guess he came to the wrong place.
Bitcoin is an asset that cannot be affected by any global events not related to cryptocurrency, but basic knowledge about this technology will save you some money and effort.


During this pandemic ,the price of bitcoin is not get into the top. This is best time to inverse and hold the bitcoin. We can expect huge rise after the pandemic and the profit percentage will be the maximum one  .Don't panic ,if you force to meet some dump in the price of bitcoin. Holding is most essential one of trading.