Post
Topic
Board Economics
Re: Covid 19 shows how weak People are in the it mind
by
Nellayar
on 06/09/2020, 08:43:38 UTC
There is so many Opportunities now
The only opportunity I can think of this time is investing/hedging your money in non-inflationary assets like Bitcoin, gold, silver; there is actually limited opportunities in the world atm, unemployment rates have spiked to new record heights, even in the U.S. Businesses are struggling with generating income and the economy is in distress, if you're talking about opportunities, I'll only recommend averting your currency devaluation from affecting you by putting some of your assets in either gold or Bitcoin, there have been so much money printing all over the world and it's going to devalue fiat currencies in the long/short term.
But investing right now is quiet risky because anytime, the market may fade. I don`t want to install some fud but we should be more sensitive in putting out our money. Remember that we are in pandemic and there are scammers around us. Therefore, I agree of what you said. Businesses are turning off right now, most of the companies are breaking down because they have no sales at all. The only opportunities are in online. In online industry, we can continue our works and provide the necessity in our family even we are in covid-19 pandemic.