With complete containment and quarantine starting in the country (California, New York, Florida, …), many unemployed, self-employed people, small businesses find themselves without income!
We know that among readers of Bitcoin Crypto Advice, there are many professionals, freelancers and unemployed people impacted by this Coronavirus crisis.
Donald Trump and the US government are therefore setting up aid to financially support all these unemployed, self-employed and small businesses who could quickly find themselves in financial distress because of the crisis caused by this Coronavirus/Covid-19.
Treasury Secretary Steven Mnuchin and the US President announced that they are ready to send 1,000 dollars to help every american in this difficult situation.
“We’re looking at sending checks to Americans immediately,” Treasury Secretary Steven Mnuchin said as reported by the Washington Post.
Other measures might be considered such as:
Payment deadlines for tax payments.
Direct tax rebates.
The financial consequences will be clearly difficult for all these unemployed, freelancers and professionals especially since the quarantine will be at least 30 days!
What to do during all this time confined at home?
We published an article about crypto movies, Bitcoin documentaries to watch on VOD, Netflix as well as Bitcoin Youtube channels on the internet: click here to read the article.
It can also be an opportunity to learn about cryptocurrencies and trading.
Watching crypto movies and Youtube channels may be interesting but, if you are stuck at home, it might make more sense to spend some time training in trading Bitcoin and cryptocurrencies for example.
As we saw in an article, crypto bots and Bitcoin robots can help traders in situations of stock market crash and market downturn amid economic and health crises.
You can see our guide how to get started in automatic cryptocurrency trading.
Our article on how to make money with automated cryptocurrency trading.
Our guide and selection of the best crypto bots and Bitcoin robots 2020: click here.
Automated cryptocurrency trading is aimed at professional traders, beginners and increasingly the general public who can rent trading strategies (social trading) on professional platforms like Kryll.
Some experts believe that if we compare with the dynamics of the Coronavirus epidemic curve in China, the reversal of the Covid19 epidemic curve could occur around end of april 2020!
If this is the case, it will therefore be necessary to be patient and do something else during these weeks of quarantine in order to get rid of this Coronavirus/Covid-19!
