Post
Topic
Board Economics
Re: Pandemic: good for the bitcoin market or bad?
by
matchi2011
on 19/10/2020, 19:25:27 UTC
Good day,
forgive a newbie question please. I am new on the bitcoin scene and I am also pretty fresh in economics. I am learning, I suppose that is what I wanted to say. I was an ignorant for a way to long and now I trying to gain knowledge to be a little wiser. I got a bit lost because of the pandemic and I wonder is it good to invest in bitcoin and stock market nowadays or should I wait and see what is the market response going to be. I was pretty sure I got a hang of it but the situation changes so dynamically that it is hard for me to follow.
I think pandemic is good now in market because many people have no work now and they are want to invest in bitcoin for a short and even a long term. In our situation right now is very hard to find work so we need to find another ways to get income those who have knowledge in bitcoin are investing again to earn while the pandemic is going on.

From that specific point, there are people who are aiming to find alternative ways to earned as day job is not available and most of the people loses their job, many businesses has been closed due to this pandemic.

The after effects might favor bitcoin for there are new people who are also willing to take the risk and try this platform, people who realized that there's opportunities to this market and wanted to explore.