Topic: Advice to everyone today - page 7. (Read 1275 times)
You're talking about financial freedom. If you're going to keep it for a few years, there's no problem, but if you're buying cryptocurrencies and want to spend in times of crisis. You will again have to use banking services.
Crypto it's the safest haven to turn to now and stock investors have realized that too, traders are still earning and losing just like before but right now the market is too damn tricky, trading right now is too risky it's better to HODL and Wait
The problem is many people don't have the stomach to stand and watch the dip whenever it occurs, otherwise we won't have so much people making so much noise when btc or the market going down, hodl is always the best option when in a bear market, only experience traders can manage to trade well right now, market is moving side ways, very tricky indeed.
Crypto it's the safest haven to turn to now and stock investors have realized that too, traders are still earning and losing just like before but right now the market is too damn tricky, trading right now is too risky it's better to HODL and Wait
What if this crypto is meaningless if an economic crisis occurs. I think exactly is to buy pure gold, and save. This will protect your money from the economic crisis. Because gold will always mean in any condition.
Yes, that's right, and there is another very good choice, which is to buy land, because the price of a piece of land always goes up every two years, even though the way to store it is different from the gold thing you mentioned. 
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
Let's assume you hold crypto how would buy things which you need at home or even pay for offline services? Am not against the idea of buying crypto but however it is not the way out currently, fiat still is. The reason for this is, many countries, platforms, systems and so on are yet to come to an agreement with crypto therefore holding only crypto means the person in such country might not have access to the things, food stuffs or services he needs. Therefore, I would say, buying crypto but holding enough fiat in this current era or situation is the best solution but minding how you spend as financial security is now very important.
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
What if this crypto is meaningless if an economic crisis occurs. I think exactly is to buy pure gold, and save. This will protect your money from the economic crisis. Because gold will always mean in any condition.
Cryptocurrency is unstable it is high risk to all in on it. Also, i think it cant be collapse like 2008 only temporary. After this corona virus is gone everything will be normal. Im not sure when this corona virus end but i hope as soon as possible the virus gone.
Looks like you are a little wrong with the collapse of cryptocurrency, because in 2008 there was no cryptocurrency, and what I know about cryptocurrency since 2009 is not 2008, so you are a little wrong in this matter, and the corona virus case until now we haven't been able to do it yet. make sure when it will end, even though all parties have made handling of this corona virus. I dont think that we really need to withdraw cash right now. This only makes situation worse
Why not? everyone has different needs, right? Regardless of the panic or not, we are in an unstable economic situation, the global pandemic effect is quite alarming, so most people would choose to secure their finances for more priority living needs such as meeting basic needs and supporting health rather than investment. So do your best to be able to maintain a stable life and try which is more important first.
I don't think the banks or the government will allow this to happen again.
they definitely expect it to happen again.
therefore, the choice of people who invest to avoid inflation is true, but people invest more in commodities or more secure; perhaps they create them in encryption, but only a small part.
they definitely expect it to happen again.
therefore, the choice of people who invest to avoid inflation is true, but people invest more in commodities or more secure; perhaps they create them in encryption, but only a small part.
First things first mate, where did you get that information? is that really a legit information? always add some source link whenever you post something like this or maybe its just your own opinion?
But anyway, the drip feeding tiny amounts of your money on your bank account if crisis happens would be a great help for everyone, but I don't think that it will be good for those persons who has the huge money on their account, it would be unfair to them.
But anyway, the drip feeding tiny amounts of your money on your bank account if crisis happens would be a great help for everyone, but I don't think that it will be good for those persons who has the huge money on their account, it would be unfair to them.
Cryptocurrency is unstable it is high risk to all in on it. Also, i think it cant be collapse like 2008 only temporary. After this corona virus is gone everything will be normal. Im not sure when this corona virus end but i hope as soon as possible the virus gone.
I don't think it will happen again and it's really risky if people convert cryptocurrency because it can down the price again. Hope this situation will not worse, people should stay at home so it can not spread the virus.
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
Crypto has given financial freedom to the users. They can easily send, receive and trade now without any intermediaries and it saves cost, time and journey but crypto is not stable. It has huge risks and the risk takers can gain from it or they can lose their money. So freedom gives profit or loss but traditional money system has stability and security of funds.
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
Buy crypto and wait for the end of the financial crisis? Be realistic and never make a strong hand with spreading false information. From the investment perspective, it is nice to see the wise investors share their investment ideas with the new traders. In a financial meltdown, everyone rushes to sell the risky assets(BTC and altcoins) and they look for ways to get more cash in hand with gold. Take your financial freedom in your own hands, Buy crypto today
I dont think that we really need to withdraw cash right now. This only makes situation worse
Why not? everyone has different needs, right? Regardless of the panic or not, we are in an unstable economic situation, the global pandemic effect is quite alarming, so most people would choose to secure their finances for more priority living needs such as meeting basic needs and supporting health rather than investment. So do your best to be able to maintain a stable life and try which is more important first.
I believe everyone has the right to do whatever they like as to whether they want to continue investing in crypto or not.The fact that in 2008 there was financial crisis in banks does not mean such will repeat itself.I still believe that one still needs the service of these banks even as we continue to invest in crypto.So many of us still transact with these banks when it comes to changing our coins to fiat.All we need do is to balance up everything. Investing with our money is much more important than just keeping the money in bank but that does not mean that we can not still keep some of our money in bank. Hence, there is no need to speak less of banks.What we do with our money and how we invest with it is what is much crucial.
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I dont think that we really need to withdraw cash right now. This only makes situation worse
If we don't have any money, I think people who have crypto will withdraw their coins so they will have money to buy something. Or they will search for another source to get that money. But if they still have money in their hand, they don't have to withdraw. It will depend on the situations of each people, and I think they will know how they should do related to the current conditionsns, and I am sure that they will figure it out.
I dont think that we really need to withdraw cash right now. This only makes situation worse
Why withdrawing cash now can make the situation worse? Is not withdrawing cash is a right for everyone and can be done at any time? because everyone has different needs in life and a different way of thinking too. I dont think that we really need to withdraw cash right now. This only makes situation worse
do not panic, and if you make a withdrawal of money from cryptocurrency into fiat money then you will take a cut-loss action, I suggest you buy a dollar-based cryptocurrency to overcome potential losses if the cryptocurrency experiences a bear market 
I dont think that we really need to withdraw cash right now. This only makes situation worse
I know financial crisis is coming today and we must hold and save our cash money, although without saving bitcoin and altcoin assets but we must cash out money from the bank for take moment some thing bad with bank at the next time when corona virus make many countries get economic crisis.
Right now we facing a crisis, so i think the best thing to do is to have patience and keep believing because we will get all through this bad happening in crypto. Also keep holding because it is the good way to do to lessen or avoid mistake and keep calm all the time dont panic because it can caise you to lose all. Jump to: