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Author Topic: Should I invest in cryptocurrency because of the current outbreak?  (Read 12211 times)

Offline Ambu

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Re: Should I invest in cryptocurrency because of the current outbreak?
« Reply #15 on: May 13, 2020, 11:43:45 AM »
If you invest on BTC $4500-5000 price level right now you can double your investments If you want invest to long-term BTC is always better than gold and other stock market so keep watch the BTC market and invest in right time then earn your profits.

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Re: Should I invest in cryptocurrency because of the current outbreak?
« Reply #15 on: May 13, 2020, 11:43:45 AM »

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Offline Bobcrypto

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Re: Should I invest in cryptocurrency because of the current outbreak?
« Reply #16 on: May 13, 2020, 12:34:33 PM »
Investing in crypto has been very profitable, though there are times when you will experience some loss too. Bitcoin has proven to be a strong resistance to pandemic, covid19 outbreak. I think it is very safe to invest on BTC despite the outbreak.
Investing in BTC is sure way that give you back profit in very short time, better than other form of investment, like stock, forex even gold.

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Offline abdmuiz

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Re: Should I invest in cryptocurrency because of the current outbreak?
« Reply #17 on: May 13, 2020, 05:15:12 PM »
This is an opportunity for everyone to invest in this industry because it is still relatively new and the opportunity is still wide open for everyone if you have more money now to enter into it ...

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Offline Istiak

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Re: Should I invest in cryptocurrency because of the current outbreak?
« Reply #18 on: May 13, 2020, 05:46:45 PM »
I think people are moving away from crypto for now. They are selling their crypto and keeping cash in their pocket so that they can buy food with that. This epidemic make a hard situation for many people and they are in a hard condition for less job. So maybe there will be a bear market because of this. But halving is also coming so you should be careful before making a decision.
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Offline corr

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Re: Should I invest in cryptocurrency because of the current outbreak?
« Reply #19 on: May 14, 2020, 11:03:10 AM »
Before investing in cryptocurrency you need to understand that it is a very risky investment. Cryptocurrencies are not legalized this time. Secondly, this market is very manipulative. Thirdly, there are a lot of scams in this market. My advice is not to trust anyone with your money and think with your head in which coin to invest

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Re: Should I invest in cryptocurrency because of the current outbreak?
« Reply #20 on: May 14, 2020, 01:51:28 PM »
The current situation is very difficult, the coronavirus pandemic is still not over.  Many new regulations from the government because of this plague, Limitation of social distance to Lockdown. 
So that makes us not free to get income, offices close and many companies go bankrupt.  While investing in cryptocurrency has a very high risk, if we choose the wrong coin or the price of a drop in coins, we will lose money.
As my suggestion, just holding Fiat is safer.

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Re: Should I invest in cryptocurrency because of the current outbreak?
« Reply #21 on: May 14, 2020, 03:54:01 PM »
Just invest in the top coins you will not regret just hold for long term, seems the market is good condition it can not affected this current outbreak. Seems bitcoin will grow for more hope this would continue.

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Re: Should I invest in cryptocurrency because of the current outbreak?
« Reply #21 on: May 14, 2020, 03:54:01 PM »


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Re: Should I invest in cryptocurrency because of the current outbreak?
« Reply #22 on: May 14, 2020, 05:25:50 PM »
I think that was a shallow reason. If you are not sure of what you are doing it is better to move out in that situation. because it will cost you more in the long run also it was irreversible. Like investing in the cryptocurrency you should know first the basics about how the industry will function. if you are not sure about your action it is better to wait until you are ready to do it with passion and not just because of the current COVID19 outbreak?

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Re: Should I invest in cryptocurrency because of the current outbreak?
« Reply #23 on: May 14, 2020, 06:49:10 PM »
so what point are you trying to make? yes, bitcoin showed a hugely positive sign only because of the halving event which took place a few days back. we are not sure how that will continue yet.
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Offline hellcat

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Re: Should I invest in cryptocurrency because of the current outbreak?
« Reply #24 on: May 15, 2020, 12:43:06 PM »
premiumcryptohub.com and cryptoexchangefx.com are the only legit investment platform where you can earn more on cryptocurrency.

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Re: Should I invest in cryptocurrency because of the current outbreak?
« Reply #25 on: May 15, 2020, 04:34:42 PM »
The peculiarity of cryptocurrency is that it has a very high price volatility. Moreover, the market may fall much more than what happened in mid-March of this year due to the emergence of coronavirus. In the first half of 2018, the price of bitcoin fell to $ 6,000, compared to $ 20,000 in December 2017. Therefore, we must use this feature of the cryptocurrency market and buy bitcoin and other cryptocurrencies during periods of their price fall, and then sell during periods of their peak price. Those who bought bitcoin in the second half of March will have a good profit by the end of the year.

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Offline UNIVERSE

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Re: Should I invest in cryptocurrency because of the current outbreak?
« Reply #26 on: May 16, 2020, 11:39:49 PM »
The reason to invest in crypto should be about the low price in crypto or bearish. I think it is nothing to do with pandemic or virus outbreak. You are better to have reasonable reasons for investing your money. Don't invest because of FOMO or hype!

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Re: Should I invest in cryptocurrency because of the current outbreak?
« Reply #27 on: May 16, 2020, 11:45:27 PM »
If you think that there is interesting and promising coin, and you already habe enough money for saving, why not? But be careful when choosing the coin. Never believe on platform that offer very promising profits shortly
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Re: Should I invest in cryptocurrency because of the current outbreak?
« Reply #28 on: May 17, 2020, 09:40:00 AM »
Many people say that there is a risk in investing in cryptocurrency now. But I think investing in tokens or projects is risky. But bitcoin, ETH and other coins are good, investing in them is not risky. However, the condition of the earth will take time to relax. So investors will have to wait a long time in the hope of getting something good.

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Re: Should I invest in cryptocurrency because of the current outbreak?
« Reply #29 on: May 17, 2020, 06:02:49 PM »
The price of Crypto will continue to increase over time, but during the trip there will definitely be ups and downs in the price of coins.  Cryptocurrency investment is a very potential investment, save your money and invest your money now.

 

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