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.
In my opinion, during this pandemic, bitcoin and gold investment is very good because gold and bitcoin have the same side, namely these commodities are not susceptible to a global crisis such as the Covid-19 outbreak. This is because what affects the price is only supply and demand. During the pandemic, many people are turning to gold and bitcoin. This made the demand increase. So that the prices of both of them also increase. it's still not too late if you want to invest in bitcoin now, even though the price is already high. policies in developed countries that loosen cryptocurrency rules as a stimulus measure to face the global crisis. For example, the United States, which has allowed banks to manage cryptocurrency. Europe is also ready to issue policies that are friendly to crypto assets. This policy will boost the purchasing power of cryptocurrency and lead to an increase in prices. This is why the price of bitcoin will also increase after the pandemic. So, it's not too late to buy bitcoin these days.