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 the pandemic is good for bitcoin. In fact, it can be bad. Pandemic has a huge impact on the economy and life of all countries not only that but it also claims a lot of other people's lives. However, after the pandemic, the price of BTC increased and recovered gradually and now there are many people who see BTC as a highly speculative asset. It is because of this that the BTC market became active after the last pandemic.