Post
Topic
Board Economics
Re: Pandemic: good for the bitcoin market or bad?
by
vlast01
on 12/11/2020, 17:27:36 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.
As of now bitcoin are raising its value due to pandemic the demand for fiat currencies have been decreased drastically and digital currencies are now in demand. This may lead for another price raised on btc so i may say as of now its better to invest on bitcoin while its still low.