The effect of covid19 on crypto currency.

[Kennysplash]

During the covid19 period, crypto currency has been greatly affected. For one thing, staying indoors has led people to trade and use crypto currency as a mode of payment. The following are some ways that crypto currency has been affected by the advent of covid19.
1. The stability level in cryptocurrency has reduced drastically.
2. Crypto currency irregularity level has increased significantly.
3. Crypto currency has become more volatile.
4. It has become more widely used more than ever, therefore it became more popular during covid19
So all this made investing in cryptocurrency a bit riskier, but still more profitable.

 

[Yugocean]

Covid-9 made people to work from home and find ways of earning from home, and the most easy way it cryptocurrency, for sure COVID-19 made many changes and the world just have to accept it. PayPal also accepted cryptocurrency when it understood that people are moving fast and ignoring crypto will only result in creating a better competitor. Many people are using cryptocurrency platforms for their savings to receive interest, just like banks; merchants are also moving to accept cryptos; more changes are possible in coming years.

 

[Finger Geek]

If we look at this matter deeply, we will noticed that COVID-19 pandemic really has helped crypto currency a lot.
At first when it happened. The price of all the crypto coin fell down badly that people are beginning to loss hope on bitcoin and the remaining coin.
The time that the pandemic started, it affected the whole world the we were forced to go into lockdown. But that was the time that many people had time with the internet and they get to know what crypto currency is and the importants of it. So this help the coins to grow

 

[Prettybabe]

Truly, covid 19 has greatly impacted the use of cryptocurrency. If it wasn't for covid 19, I'm not sure people would have massively gone into it like they did. Everyone was at home, and they needed to find something that would bring in money... And cryptocurrency was one of the so many options.

Cryptocurrency is a good way of making money if people good understand the nitty gritty surrounding it.

 

[Maks25]

With widespread increase in cases of the Coronavirus across the world, analysts believe it might take years before the the world can recover from the economic loss due to the pandemic.

Coupled with the slump in crude oil prices, a lot of marketers and investors and most developing countries will have to reduce thier association with crypto currency.

 

[Bookwormlux]

The Corona virus pandemic made a lot of us to stay out of school and we were always indoors. Instead of just staying idle, we then resorted to finding ways of making money online, and then most of these sites pay via crypto currencies since it is the only fair paying method that is not being regulated by certain individuals or the government authorities.

All I am trying to say is that, through finding ways of earning money online, a lot of us got to know about crypto currencies, so Corona virus gave us the opportunity to find ways of earning online and exploring crypto currencies generally.