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Learning & News => News related to Crypto => Topic started by: newshunter on August 15, 2020, 01:01:02 AM

Title: Blockchain Investments Fell 63% Due to Pandemic
Post by: newshunter on August 15, 2020, 01:01:02 AM

Blockchain Investments Fell 63% Due to Pandemic

After heavy funding cuts for blockchain this year, Global 2000 companies are looking to DLT to regain a competitive advantage in the post-coronavirus landscape.

Source: Blockchain Investments Fell 63% Due to Pandemic (https://cointelegraph.com/news/blockchain-investments-fell-63-due-to-pandemic)

Would appreciate your opinion about this

Title: Re: Blockchain Investments Fell 63% Due to Pandemic
Post by: TomPluz on August 15, 2020, 06:36:29 AM

I am sure this is just temporary and quite expected because investors right now are holding down their money as they are constricted in many ways. However, this picture can be turned from gloomy to rosy once we can have the vaccines flooding the market. We should just endure this pit and wait for the sunshine to take its power all over.

Title: Re: Blockchain Investments Fell 63% Due to Pandemic
Post by: Riya143 on August 15, 2020, 08:22:15 AM

Currently blockchain investing is not what many investors believe. So they are shrinking their money. Because they think many are being harmed and many are benefiting. But I think now is the right time to invest in blockchain. Because if you invest, many current projects are being successful. There are some investors who are corrupting their investments. So they should invest in better blockchain platforms.

Title: Re: Blockchain Investments Fell 63% Due to Pandemic
Post by: Delgado on August 22, 2020, 09:48:00 PM

Now many have lost their monetary savings, having spent them on preparing for living in quarantine. Therefore, it is only natural that people have to curtail their investment programs. Perhaps this is also why bitcoin could not hold its price position above $ 12,000.