Post
Topic
Board Altcoin Discussion
Re: What risks will you get in investing during the COVID-19 pandemic?
by
Devifajarina
on 27/08/2021, 10:33:36 UTC
Using digital currency in various virtual transactions has become commonplace Bitcoin is an example of a digital currency of popularity, Bitcoin is on the rise and is being talked about by people around the world, even now many people are trying to look at Bitcoin as a promising investment instrument, including during the pandemic but investing in Bitcoin when the corona outbreak occurs needs to be done with various considerations and maturity, the limited movement of people of course reduces income from many business sectors, both tourism, or food, so during this pandemic, people think a lot about investing and even carefully read market movements.

Then, is investing in cryptocurrency safe enough, especially during the COVID-19 pandemic?

What is your opinion about whether or not there is a risk involved in investing during the COVID-19 pandemic?

In this time of the COVID-19 pandemic, many sectors have been affected by the outbreak, both the economy, tourism and others, but if you look at crypto conditions that don't have a big impact in terms of investment, we can see the current movement of bitcoin and other coins on the market.

For now it is still very safe to invest in cryptocurrencies and currently cryptocurrencies are very supportive to do that, the COVID-19 pandemic conditions are not so influential in my view of investing, both now and later this year.
I totally agree with your view regarding the risk of the impact that occurs on stock investment during the covid 19 pandemic, yes indeed if we look at the market list, there has not been a significant impact on investing, but we must not deny that the economic conditions of all countries in the world look very declining. caused by a pandemic

If this is calculated regarding fiat currencies, then it greatly affects the impact of the Covid-19 pandemic, but if you look at the current state of cryptocurrencies, there are almost no major effects, even now the crypto market is quite stable and promising.

That is why I say that investing in cryptocurrencies has no effect on the current state of the covid-19 pandemic, unlike investing in fiat or conventional currencies, it may be quite influential for now.