Once you want to enter into the world of crypto and play Bitcoin or other cryptocurrencies, please don't just think about the income/earning/profits you can get. but also think about the risks that are likely to be. So the point is balanced regarding knowledge and readiness for both income and losses that may occur.
Can people consider bitcoin as a shield against the Financial crisis?
Basically, for me, it is, it really can. Bitcoin and other cryptocurrencies really can help me against this financial crisis during this pandemic.
However, will it also really work for others? Probably yes, but it may not be similar to others. Everyone has different chances and also ways to against their financial crisis. In fact, some people are here and being successful with cryptocurrencies, moreover those who are already for a longer time being here. But for newcomers, they may be successful but not all of them are. Some are losing their funds and not ready for the risks.
That is why if we want to really enter the crypto world, ensure that we want to learn first about the characteristic, knowledge, and also market of the cryptocurrencies. not only paying attention to the earning to get.