We do not need to panic like the economic crisis that occurred in 2008, because in 2020 there is already the presence of cryptocurrency.
So we can save our assets in part in cryptocurrency, so this can make us more calm in the face of crisis the economy this year. Because
it is proven that cryptocurrency can be a safe haven in several countries that experience such crises in venezuela. So do financial planning
properly, then I'm sure we can get through this crisis.
Topic: Advice to everyone today - page 10. (Read 1275 times)
Remember the financial crisis in 2008 when banks stopped customers from withdrawing funds? Then drip feeding tiny amounts to customers via ATMs. This is going to happen again, this time it will be worse.
Take your financial freedom in your own hands, Buy crypto today
You are right but for the newbies just a little advice, make sure that you should gather some useful data first on how to securely exchange your fiat into crypto currencies and make sure also that you know what currency to buy so you will not lost your money in just a short period of time. Buying crypto currencies is very simple but you should be aware that there is always a risk to it as the crypto prices are very volatile. Take your financial freedom in your own hands, Buy crypto today
Therefore it is best if you should brace yourself first whether you are ready to take part in crypto or not because if you are not yet ready for a volatile prices then you start by putting your money to a stable currency like Tether while you are still adapting to the crypto world. Banks are limiting us therefore it is best if we will convert our money to crypto currency in where we have the freedom on when to cash out our money.
Remember the financial crisis in 2008 when banks stopped customers from withdrawing funds? Then drip feeding tiny amounts to customers via ATMs. This is going to happen again, this time it will be worse.
Take your financial freedom in your own hands, Buy crypto today
Take your financial freedom in your own hands, Buy crypto today
No doubt, this is the opportunity to fill the bag as virtually every cryptocurrency have their price slashed to almost half, but let's not forget we are in a very dire situation as the entire world is facing a crisis with this pandemic COVID19. If the spread continues (i hope otherwise), the downtrend of cryptocurrency market market will linger and not every cryptocurrency will see the end of the tunnel. The bottom line is when filling your bag, scout and look for tangible projects to invest in
Fine I will do it. 
The problem with investments is that the value of fiat doesn't move much in the short term so in a crisis situation you will not be able to withdraw most of your fiat money but their value will remain the same. You will be able to withdraw cryptocurrencies but won't be able to buy much because stores will still accept fiat that you cannot withdraw.
If crisis hits you're still in deep shit with crypto or with fiat.
The problem with investments is that the value of fiat doesn't move much in the short term so in a crisis situation you will not be able to withdraw most of your fiat money but their value will remain the same. You will be able to withdraw cryptocurrencies but won't be able to buy much because stores will still accept fiat that you cannot withdraw.
If crisis hits you're still in deep shit with crypto or with fiat.
The people who are currently into Cryptocurrency are one of the luckiest persons in the world. The fiat system is in crises and no one knows what is going to happen next as the traditional institutions are in great torment as a result of the Covid-19. We should also ensure our fund are stored in a non-custodian wallets.
I have never heard if the bank will close withdrawals for all customers, is this just your speculation because of the spread of the CORONA virus? you better also include articles about your words
the financial crisis is unlikely to affect crypto, because people rarely use crypto as a payment, but people use crypto as an investment. that in my opinion.
Remember the financial crisis in 2008 when banks stopped customers from withdrawing funds? Then drip feeding tiny amounts to customers via ATMs. This is going to happen again, this time it will be worse.
Take your financial freedom in your own hands, Buy crypto today
I do seriously agree with you and the current price my be the lowest price before cryptocurrencies market began to get attention it deserves. I am happy that professionals are encouraging people to keep on holding instead of selling out of panic and fear. Cryptocurrencies is created for conditions such as the current world's condition and I do believe that very soon we will began to see reason why we should buy bitcoin. Take your financial freedom in your own hands, Buy crypto today
Crypto investment is on par with gold now and it's only a matter of time, I believe it will surpass the value of gold and people will see crypto as a better investment asset, the plan of been a financial freedom really works and crypto have change the life of many who are ready to learn
This is a lie, and you should feel bad about spreading lies. Yes, Gold has dipped but it follows the trend right now of all the markets. BTC crashed 60%-70% this month.
This advice needs to be taken based on what's happening in your own environment. Crypto is freedom but still at the developing stage. The more adoption we see , the more the freedom we will have but now, everyone is still stuck with Fiat one way or the other .
I do not think there is going to be a financial crisis this year due to the economic meltdown. I have the feeling that this economic breakdown will be handled incredibly by all governments. So as a crypto ethusiast, there is no reason to panic, keep your balance between fiat and crypto currency and remember that you fix your daily transactions with fiat.
I hope that financial crisis doesn't repeat itself,if it does,then it's really going to be real bad,I think more people wouldn't want to invest in crypto rather they would prefer to hold fiat as that could help solve some feasible problems ,but those who have the guts to invest in crypto would reap bountifully after the crisis period.
Absolutely! It needs guts to buy crypto at the crisis period! Because not everyone can take the dumping pressure! And it is thinkable that if a financial crisis happens, Bitcoin will go for 2K-1K USD zone! I believe in trade, so, I keep converting crypto to USDT and USDT to crypto regularly at this confusing time! By doing this you can cut the loss, otherwise buy crypto and hold wouldn't be helpful enough!
Remember the financial crisis in 2008 when banks stopped customers from withdrawing funds? Then drip feeding tiny amounts to customers via ATMs. This is going to happen again, this time it will be worse.
Take your financial freedom in your own hands, Buy crypto today
Take your financial freedom in your own hands, Buy crypto today
Although I agree with you that the financial systems are being hit as a result of the current issue on ground but however I do not think it will get to the point where they will lock out customers funds or make withdrawal extremely difficult as it will only result in more problems. The truth is, not every platform or in fact a greater number of platforms are yet to adopt crypto; so you can see holding more crypto might not work out. However, I think it is far better to hold both crypto and fiat and use each when the time calls for it.
Remember the financial crisis in 2008 when banks stopped customers from withdrawing funds? Then drip feeding tiny amounts to customers via ATMs. This is going to happen again, this time it will be worse.
Take your financial freedom in your own hands, Buy crypto today
Some authorities are still trying to take control of Bitcoin. And this does not give full confidence in him and other cryptocurrencies. Take your financial freedom in your own hands, Buy crypto today
Buying crypto would be the best idea at this moment because the price is low enough to have it, but to be honest, crypto is not safe for a newbie at this moment, because if a new guy buys crypto at 6000$ and if it goes for 3800$ again, then they can make panic in the market. Therefore as the dump has a chance, then personally I will not buy crypto right now, rather I would go for USDT so, when the price will be low, I can buy a higher volume.
Remember the financial crisis in 2008 when banks stopped customers from withdrawing funds? Then drip feeding tiny amounts to customers via ATMs. This is going to happen again, this time it will be worse.
Take your financial freedom in your own hands, Buy crypto today
If financial crisis would occur, it would be really good if we take the responsibility of keeping and having our funds in our own hands, instead of keeping all of them in banks. I also think that there might be people who are still afraid to buy cryptocurrency for investment because they would prefer to hold all of their funds in fiats. Take your financial freedom in your own hands, Buy crypto today
I hope that financial crisis doesn't repeat itself,if it does,then it's really going to be real bad,I think more people wouldn't want to invest in crypto rather they would prefer to hold fiat as that could help solve some feasible problems ,but those who have the guts to invest in crypto would reap bountifully after the crisis period.
Holding enough money in fiat is also advisable because this is not only financial crisis,this is pandemic spreading at high rate so we may have to stay quarrantined and in that time we may need to use for our needs.Hold remaining of your assets in cryptos or gold so no one can say how much amount you have to use because its your money so decide it on your own.
Indeed at this time the economy is in trouble for every country and this is all not far from corona virus problems and we do not know how that happens to the future then in this case we all have the preparation of each but to buy Crypto one of the good solutions if the bank implements the system as you said, and be assured that crypto mining will not betrayed the results for the future.
Crypto investment is on par with gold now and it's only a matter of time, I believe it will surpass the value of gold and people will see crypto as a better investment asset, the plan of been a financial freedom really works and crypto have change the life of many who are ready to learn
I do not think gold has always been a challenger with crypto currency, and even with the massive dips everywhere, gold went slightly down to 48$ from 52$ according to digital gold stable coin statistics on coinmarketcap.
We are still experiencing financial freedom, and believe me with Europe, and USA and other European countries helping out citizens with funds and leverages will reduce the panics in dumping.
So be positive, the bulls will be shocking to just few.
dyor
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