Post
Topic
Board Economics
Re: Covid-19, Lockdown and repercussions
by
citywise2
on 15/02/2021, 12:50:31 UTC
The impact of Covid-19 is felt in various parts of the world, besides that it also affects the economy of every country, both developed and developing countries. However, in the world of good trading, especially Cripto, this certainly does not have a significant effect, because during the lockdown period the community tries to keep producing by trading or investing in stocks. Shocked Shocked Shocked
You may want to know that Covid-19 had rather a positive effect on one hand in cryptocurrency. Aside the lost of jobs and people having to stay at home, the pandemic created a surge in demand for cryptocurrency, given the money from the air stimulus packages most countries had to embark upon was open doors for inflation. Fiat money was losing it's value here and there and people had to turn to cryptocurrency for safe haven.