Topic: Global recession alarm, safe money (Read 1000 times)

Although us over two years now but the effect of COVID-19 is still felt. This may not be the real cause of upcoming recession.. Have you forgotten some companies collapse during COVID-19. Some run into debt and still battling with it till date. It took me over a year before I could recover from the lost acquired during this period.

The threat of recession does make us worry, if we pay attention, the recession occurs because of the war, and in early 2022 Russia the invasion of Ukraine which made the world economy experience a recession, according to the prediction of many Russian war experts vs. Ukraine will extend to Russia vs Europe, of course this is a problem Seriously that will make the global economy very difficult.

Most developing countries have fallen deeply into debt due to the pandemic and still borrowing huge funds from the central bank just to survive their economy during this global crisis. That's the reason why we can't rely on the government anymore so as much as possible, we must double our efforts to grind and save for the future. Invest while we can in preparation for the possible global recession because according to the experts, the situation could get worse in the coming years.

Many people are afraid of global recession, as humans we should not be pessimistic in life, we must be sure that all things already exist, human tests are only according to their abilities so that the recession is as high as any but with faith then we can easily live, and the most important point is Always optimistic and grateful.

I see somewhere that it is concluded that those two missiles are Ukrainian and that it was an unintended accident and not a targeted attack by Russia or Ukraine. I don't think Russia would do that in this situation because their war in Ukraine is also facing certain difficulties. Russia alone is fighting both America and all of Europe, it would be unwise for them to provoke now.
Don't expect reaction now because that will trigger World War 3, once World War 3 happens there will be no economic chaos but apocalypse.

I would say if you are doing DCA then you shouldn't have any reserve cash. I think it's at a moment where you have to cancel your vacation plans, cancel the subscription you have to somewhere, cancel the costs and increase the amount of money you could have and even go into debt and ALL that money should go to investing.

I know people do not like to hear that, but right now is the moment to have no cash, and even credit card debt, and all go to crypto. I did that, I have a huge huge huge credit card debt right now, lived off that, and used the cash to buy bitcoin with it all. I do not advice this to people, don't do that, but at least not have cash reserves neither.

I am not sure that one can be prepared to face difficulties of a similar nature as a global recession. Such phenomena occur suddenly and precisely at the moment when you least expect it and are least prepared for it. What to do in this case, if you are an investor? I think you need to turn on the diversification mode in order to reduce the likelihood of losing everything and keep at least some of your assets. They can't all depreciate at the same time. For example, invest in real estate, traditional securities, gold, as well as in crypto currencies.

Economic recession has always been a serious threat because the recent world tensions are Russian missiles that enter Poland, many speculations that this is a Russian test to know European response, if there is no reaction then the possibility of a greater war, war certainly makes the economy chaotic .

It's not supposed to be only based on the elements that you have highlighted above but,you can agree with me that, these elements are a vital contributor to the recession in our world today. The recession has come as a result of a chain reaction from the binding of all these elements. There has been hold on several chains of distribution of goods and services from industries that might improve the economy of a nation. Hence the inflation and while we try to manage it, we've got to prepare for the worst which is yet to come and that's is if, it comes at all.

In the end, you've got to do just what it takes to survive the worsening economy and multiple jobs is surely an option to consider if available. Am sure people are looking up to that but, its hardly the best option given the stress that would he involved. One needs means that would be less engaging and could be done from anywhere.

For some people who don't have a lot of capital, a situation like this will create a dilemma. This recession is indiscriminate and erodes anyone who cannot prepare for it well and the problem is that not everyone can prepare for it and be prepared for what will happen in the next few years. If we don't have expertise then it will be very dangerous for our future. The thing that we are always afraid of will come soon, I hope that what I have prepared so far will be able to make me survive the recession better.

If you allocate most of your money in assets, there is a chance that you will pull them out later on because of the recession but that is a bad move because assets price are also declining that time. You are only going to incur a loss that way so what you did of having a good amount of cash with you is a great move.

Besides you can always use some of this money for DCA when you think you can handle the effects of the inflation or when you feel that the recession is now over. In case of emergency like when there is no electricity or internet, we can't sell our digital assets. This is another reason why having a spare cash with us is a must thing to have.

Apart from securing assets, I would add that I have a reserve amount of cash to stay prepared for a recession. it is very necessary, even though it has to reduce the value of the investment allocation but at least DCA is done by buying and withdrawing to a safer wallet. In fact, the global recession has occurred in several countries, and like it or not, we have to be prepared to face the bad possibility of the impact that will hit the economy in bulk.

Recovery after last year's Covid-19 Pandemic has disrupted the balance of the world economy, and we are in recovery maybe not as bad as during the Pandemic. There is no need to panic excessively because we only need to control finances as sparingly as possible.

The worsening economic situation is not just because of the epidemic and uncontrolled inflation. And great power politics and the Russia and Ukraine wars. I am an ordinary person. In many cases, I can only accept the real results. Maybe I will sell my assets to others to reduce my risk. Gold (if there is no bitcoin), and then I will continue to maintain my business, and I will be satisfied if I can make ends meet.

Getting help from the IMF is just a temporary solution, eventually the countries which ask for loans from the IMF have to pay them back with interest, and while this is possible for the economies that are still relatively healthy, for the countries in which their economies collapsed this is not possible and they are just delaying the inevitable, and if anything it is better for them for their economy to collapse before they ask for any loans, because if they accept those loans to delay the collapse and then there is a collapse anyway from that moment on the IMF will be the ones taking the decisions they must follow in order to repay the money they owe.

it seems that many countries have indeed been warned by the world body IMF about this crisis which is likely to hit several countries in 2023.
the warning as a sign that they will get financial assistance to be able to heal the economy. all because of the many factors that occurred, one of which was because many companies went bankrupt, so that income from the tax sector could not receive the maximum to increase the state treasury, and the state had to spend a lot of funds for bailout assistance from several sectors that were no longer able to carry out activities.

Getting more income is without a doubt a good idea if you can do it but we can do more than that, if you can avoid to get any kind of debt then you should do so as having high levels of debt could consume all of that additional income you are getting, and finally investing in a store of value is important as well, it does not matter if you do not pick bitcoin as your main store of value, you can use gold, real estate or whatever works for you, but invest in a store of value now before it is too late and your fiat losses even more value.

The threat of recession is always a frightening thing, but this fact is difficult for us to avoid because the source of inflation problems is paper money that is not valuable, of course there are many theories to be able to overcome the recession but the simple thing for us is to continue to find sources of income.

Businesses exist to give profits to their owners and after the huge crisis caused by the pandemic they are trying to recover the money they lost during that time, which is why they are not hiring new employees even if things are not as bad as they were before, and I do not think this is going to change any time soon as even if things are not as bad as they were during the pandemic it is not as if everything is fine, so business owners are probably preparing themselves in this case of another crisis emerging.

I haven't seen that happen around me, not even in my current environment. Because in general the number of unemployed in my country is always increasing even though there is no economic recession like last year. I see this when every year there are so many graduates who don't know where to work, unless they want to build their own business to earn income according to their respective expertise.

I don't think COVID-19 plays a huge part to the current decline of the world economy if any at all. Tensions between Russia and Ukraine as well as other factors are the reason why our current economy is at a Mexican Standoff with itself. That being said, nobody but the rich and the intelligent and wise will be ready for when the recession comes, so if you're not rich, at least arm yourselves with the proper information. Gather enough data and from there make an educated strategy to help arm yourself against this impending disaster. It has been a long time coming, good thing unlike the 2007 crash, we have bitcoin and other cryptocurrencies to help support ourselves.

This is a must, fiat is losing value at an astonishing speed and we cannot afford to lose years of savings just because governments decided to experiment with the economy during the covid pandemic, at most we should keep a few months of salary as an emergency fund and the rest must be invested in assets which can perform the function of being a store of value, I know this is not an easy thing to do but if we do not want to lose our money then this is something we must do.

Simple. Don't store your money sleeping in the bank or anywhere, let it work for you. Just like everyone else here is doing, diversify your fiat  and invest it to an asset that will secure a long term profit. That's the only things that keeps you away from hyper inflations, global recession, and things like that.
Since you're here in this community, I'd like to reiterate to you that Bitcoin is one of these options you can get rid of your fiat from getting affected by inflation.
Now, the most important part of it is how you manage your investment and financial budgeting with your daily necessities, for you to avoid withdrawal from any of your investments.

There wont be a global GDP recession occurring, we will see people grow poorer relatively in wages vs costs because of all the inflation and money printing done but overall on a country basis the world will continue to have growth I think.

State debt is cheaper to service because the money is now worth less, this is the primary motivator for the inflation and destabilizing of the currency to enable excessive fiscal overspend and large governments.   The problem is that because its encouraging larger government people grow used to large state spending projects and it becomes normal.     If we merely repaid the debt it would only last as a problem for a moment but its now a continual repeating problem hence the idea debt grows larger.  Without continual government support many will starve even, if this is true in the richest country in the world its a definite in some of the poorest.  The final end game is the debt is wiped out as the money becomes worthless, its happened before and likely at least a few governments will repeat this again; this causes the entire nation to suffer uncertainty and lack of investment hence recession.  
  I think eventually we see people back commodities as proxy currency including Bitcoin apparently as a global security commodity not reliant on political support.   Commodities are hard to retain, this is a hard market to benefit from unless you are a very large company the system has become quite biased against normal workers receiving weekly wages.

The move of investors to other countries, of course, will make the country that was once occupied by these investors more difficult. Because countries that still have debt, of course, have to make more efforts to get investors because the country can have additional income when there are investors who want to invest in the country.

Investors are free businessmen who always provide benefits to the country, because they always have to pay a certain amount of fees based on existing provisions in the country, because investors are people who are looking for big profits from the business they like. And obviously it's very natural for investors to move to countries that have lower wages than countries they've explored before, because that can also help them spend more money.

Recession in the world is caused by human, leaders are not interested think of their citizens. A leaders supposed to know that the number of people (population) of  his or her country which can be used to plan against the inflation, recession and others but they are only there to analyze.

The steps to take to avoid unwanted risk to be brave in the investment.

The world was actually recovering quite nicely after Covid, if we ignore China's ludicrous attempt at Zero Covid and it's ripple effect on the rest of the world with their factories facing all kinds of shutdowns. The current crisis causing the most pain is Russia's unnecessary war of aggression against Ukraine, affecting food prices and energy prices in the biggest economies of the world. When the biggest economies suffer, everyone else will suffer too, all brought down by the greed of that tiny man trying to create a Hitler-like legacy, Putin. Sensible investors would diversify their assets as wide as possible, through many companies and also through lots of different collectibles including gold.

Those debts will be highly increased by this time, they will get enough returns from those debts. Reasons why we should avoid debts.
Some good areas to invest during recession are gold, agriculture. I agree with investors looking to move to under developed countries to invest. That way they will help in creating job opportunities and also help a little in the flow of the hoarded money.

Ready or not, the recession is going to happen. It is unavoidable but of course, it is always better to be ready for everything not only if there is a recession as it helps us lessen its effect. Only those who are unprepared will panic and suffer greatly. They can do wrong decisions like selling their assets which is a bad move because assets prices right now are also declining.

All markets are affected by the recession so withdrawing it and transferring it to another doesn't help. The only way to secure assets is of course pull them out of exchanges if you are not using them for now and make sure that you are using a wallet which are trusted enough. It's also best to use a hardware and offline wallets for storing a crypto.

The government in my country has also given a warning that at this time until the time that is difficult for the economy will be sluggish, the state debt continues to increase and many investors move to other countries because they are looking for cheaper labor wages, of course this is a difficult thing we have to face, but We must be optimistic that there is always a way out.

Hard to see the market of real estate crash especially if the demands will became more higher. Places are been well develop over the years so if more development happen in a country the price of each real assets will be drag to so expect that we cannot see a cheaper price or a house unit if you see your place is so progressive. If you have money today then its good to buy some assets since for sure in 5 to 10 years  the price of it will became more expensive.

That was an amazing play that in all honesty I would not dare to take, I am way more conservative in the way I manage my finances and even if this limits the profits I can get this also limits the losses I can suffer.

However your strategy in a way is similar to mine, right now the price of real estate is really high where I live, but to me this is just a bubble that sooner or later will explode, so I am waiting for that day to come so I can buy a house for a huge discount when the market finally crashes.

Yes we must be wise in choosing and managing assets during a recession,
besides that we also don't know exactly what asset movements will look like during a recession,
obviously crypto is famous for risky investments

Either you would be pulling it out or would just really be risking it on letting go or would continue despite of the current economic problems that we are facing.
If we do speak about inflation then its an inevitable thing but lets just stick into those people or investor on what they are doing.
Trying out to have various sources as much as we could.

We wont really be feeling out or would really be having problems on sustaining the current condition if we could really sustain out
then that what matter the most.This is why its wise on finding ways on getting income on several sources.

The government knows very well what's going on and they've got a plan for all of this, but you know, in order to have peace, you have to barter something. So they will be willing to ignore and sacrifice some things that they consider unnecessary for them, here are the poor, the wage earners. With this situation I think we have entered a recession, that is just the beginning, we should not expect too much help from the government or anyone but should take care of ourselves. Do everything you can to survive during this period.

Gold and Bitcoin would be the king of assets for people to keep their savings against this inflation. If you look back when the 2008 Mortage crisis, gold pulled a massive rally up to over $2,000 per ounce a few years after that when inflation was at its peak. Today, we also have Bitcoin so both can be alternatives for people to invest in. More basket is always welcome to lower your risks. Sure, FED tried to increase the interest rates to pull back the dollar rate, 'export inflation' to the world after their massive 'print money' in the covid pandemic a year ago. But this in the long term will harm other sectors of the economy of both US and the world.

There aren't any "safe" assets during a recession that's immune to fluctuation. There's only assets that are less volatile. I wouldn't call crypto a safe haven but it's worth diversifying into along with precious metals and cash.

The caveat with cash is that you're limited to stable currencies, which historically was USD. Problem is, USD is inflating to quickly to consider it a stable asset.

Yes, this is invited to think, If we choose a large enough investment size, it will certainly reduce risk opportunities and the possibility of deflation. At the same time as our own ability to assess the potential return of this asset should not be too high or too low. An ideal that is very unlikely for a seller or an advertisement to have, so as not to live up to their own rapidly increasing expectations of their investment or even their loss.

The most important thing is the case and speed. If our advantage is false, but also able to ignore the temptation, although it is still a little. As far as possible the urgency of the COVID-19 Pandemic must be considered and indications of the pandemic must be controlled so that it does not spread wildly out of control, once again repeated mistakes.

Things are getting worse everyday and we need to get prepared so that we will not fall victim to this inflation that is making the price of goods and services to increase everyday with increase in salaries. Things are really happening to salary earners making some persons to quit there job just because of the all these things that is making the price of foods to increase.
I think the government knows to fix all these but I think they are not really interested in helping matters and this alone is going to make many people face it raw. Those who are very much financially bouyant will be better of this time.

It is easier for people to invest into gold because they know in their brain that it will always recover and it's a valuable thing and its scarce so it can't be printed like money. The moment they eventually realize that bitcoin is similar and people can't make money from it like fiat, and you could always trust it to get back, and if you could end up with a situation where you can even spend it, then they will realize how amazing it is.

So far too many people considered it as get rich quick type of investment and didn't trust the credibility of it, and if they could end up with something better in the long run like gold, they would invest a lot more into it.

If things get as bad as some believe they can get then at some point a great deal of the population of the world is going to know about bitcoin, but by the time they decide to invest in it it will be too late and it will be very expensive and their paper wealth would have gone down in a dramatic fashion, it is because of this that it is important to invest in bitcoin now that its price is still reasonable as we do not know when we will have the opportunity to do this again.

In addition, land prices in dense industrial areas and urban areas are very expensive, indeed the benefits of increasing prices every year are quite promising, especially if they are located in strategic places. The downside is that not everyone can afford to buy land, this method is only for certain people who have a lot of money

Perhaps most people didn't know it yet on how to secure their money when/during a global recession. Only few people have the knowledge of securing their money by investing lands and metals in the past but for now it's different since we have bitcoin already. But it's not for everyone when talking about investment about land and metals but thankfully we have bitcoin today and poor people have the chance to invest their safe money, although the problem may rise due to needs and wants.

Unfortunately, there are no universal recipes in such situations and a lot depends on the degree of depth of crisis processes, because many tools that are effective at minimal stages are practically useless in severe phases. The economic policy of states in the last century has been tied to the idea of economic growth, but this tactic cannot work indefinitely. Periodic crises are inherent in the very nature of capitalism, and the measures that governments have taken and are taking to prevent crises actually only delay its onset. Thanks to such measures, there comes a situation when measures to stimulate the economy no longer bring the necessary effect and we have to further increase the degree of economic stimulation, but everything has limits and, by the way, a recession is not the worst thing that can be expected. In principle, in such a recession situation, a strategy of investing in precious metals and raw materials should work to protect against inflation, but given the imbalances and perversions that are now present in the global economy and the economic policy of states, it is not a fact that this will necessarily work.

According to some sources I read, the main factor that causes the recession is inflation. Economy crisis triggers inflation, a problem arises in financial turnover. Of course, we must be ready to deal with the possibility of a recession in 2023, we should prepare anything that we can do. But I think we don't need to be scared and panic. Our government must also try its best to deal with the situation. As an investor, I may withdraw a few of my assets but most of them stay on my planning and even I am trying to find more investments. Well, it seems still like a rumor to me, don't conclude too early about what to happens.

This is already happening in many countries, recession seems to become more worst as many will face it as well. The economy of many countries are not doing well, this is the effect of that pandemic and of course the trade war and sanctions against other countries. The worst is yet to come, many says bigger country will face worst recession and it’s hard to prepare for that honestly. Having your cash with you might be the option but personally I don’t know what’s the best strategy for this recession.

A decent investor might have withdrawn their money a few months ago, if not back in January, there were a lot of alarm signals going off since the start of the year but we're just now starting to see a gradual trend down. This is likely to be a long and drawn out recession, unlike the random predictions that economists are predicting. Putin is simply too unreliable and bloodthirsty, he is just ratching up his sadistic methods in Ukraine and will end up dragging the whole world into war because countries like China, Middle Eastern countries including Iran and to a lesser extend India are spineless cowards who have no interest in doing what is right. When they are all sucked into war as it spirals out of control they can blame their weak and short sighted politicians for leading us there.

Bonds aren't the best idea because you're investing in your government and personally I wouldn't trust these people to make me and my money safe. Look what Turkey is doing with their money or how Russia is acting. If you had any fiat based investments in Turkey you're down more than 80% and if you had Russian government bonds or stocks you are not only at a loss but could also be unable to redeem them because right now you could be forced to flee the country to avoid conscription.

I took that same position I suppose, and I did well for myself as well, and I am in not a bad financial position, I took on a huge amount of debt during pandemic, but I knew that inflation would make money less worthy, meaning my debt would be smaller compared to my income, and something similar happened. Meaning my debt was huge at first, but then when I started to earn more, my debt looked smaller and smaller.

What was my entire salary 18 months ago, is not nearly over this December and only 30% of my salary, that’s the type of difference, and when it ends, I am going to be both doing better, and also have all the things I need, it's amazing work.

Thank you for your reply. It is just that land issues need good documentation and legal if you are going to keep it for long time, of not there could be people claiming the land and leading into more problems for the land buyer. That is why I am afraid of the land investment. Before you could get good land,.you will have to buy in area that is not developed and before development will get to that area, it will take so many years which something unlikely could happen on the long run.

The first plan of action is always buying solid no dying assets such gold and government bonds. They are the most secured Once and most of the governments will have reserves of the same with “securities” so that you won’t loose the minimum viable investment. Meaning even after recession resides in the future you get the value which you invested which we might loose for fiat savings during inflation. It’s easy to understand but tough to follow. Since during recession everyone needs money and it could be 10x for simple grocery and 100x for fuel or other daily needs. Hope so everyone gets through it easily and survive.

I have been getting ready for this for a long time, when the pandemic stroke and people were very afraid about the consequences this pandemic could bring my first thought was that even if the pandemic was not as bad as it was being announced on TV the economy will suffer greatly.

And it seems I was right about it, so fortunately I am in a good enough position that I think can deal with a big crisis without suffering too much, but I am still worried as I doubt many people are anywhere near as prepared as I am.

It IS wrong to sell right now, there is no logical argument to make about current prices and getting out, it wouldn't make sense for anyone to get in and sell right now. It would have been better if you sold back in the day, when it was over 40k dollars, would be a good amount of loss, and could get back in at 50% cheaper and would be profiting quicker.

But, anyone who has waited since those days would not be able to get out of the situation we are in right now, that would make a lot of sense to just buy up even more and drop the purchase average and then you could sell after it goes up a bit, that’s how we are going to approach it when the time comes.

Many are suffering even the people not in EU who sure are going to experience the most difficult of times. If they could just plant in winter season, they would. Catching a falling knife is not even a great option this time for investors to look for.

Government's previous policies will not hold soon, they will reconsider undoing all these sanctions to survive. I have a feeling the Russian gas will flow soon for EU and Ukraine as I hope for. Covid19 is tolerable than having no food to eat.

maybe you mean this recession caused the economy to deteriorate starting with Covid-19 and the emergence of big problems because of the war between Russia and Ukraine.  if so, I think the current global recession will be more complicated because it has to do with every business between countries and the collapse of currencies.  when the Covid-19 pandemic people still have the option to be able to stay in business but the war between the two related countries (Russia Vs Ukraine) will complicate the global economy before the problem can be solved


if I have a big company or investor to secure my investment assets, some will be diverted to potential cryptocurrencies and buy gold and land as people have mentioned here because I believe these three ways will be able to better secure the assets I have for the future

According to experts, there will be a recession next year and of course that's not good news.
I think the government is forced to make such a policy,
With news like that, I think we must be wise in managing finances

The concept of investment is like that, taking advantage of opportunities for profit, small and big problems depending on the capital or investment method that we use.
For example, like the three models I mentioned above, although growth can slow down, this concept can clearly maintain currency values, especially in the midst of current inflationary conditions.

True, These three models can be used as a solution to overcome the risk of investing elsewhere, althouh we also understand that these three models also have a level of risk, but the most important things can maintain the value of the currency.
The Closest Example, when people deposit money in the bank, then the next ten or twenty years the value of the currency changes.
Unlike investment in bitcoin, land or gold, they tend to be normal, increase and can maintain the value of the currency.
For this connection, the three models can be said to be the right solution in the middle of inflation occurs or not, because the purpose of investment is to seek maximum profit and can maintain the value of the currency/capital before

At this point it feels kind of too late to sell Investments. A good opportunity to take a profit was when the Russia Ukraine war started, but since then prices have dropped so far that it feels wrong to sell now. Even though recessions are inevitable it feels better to sit out any further price drops. It comes down to if you expect things to get worse in the near future or not. We never know when the crisis is over and things could go back to normality really quickly. Another big concern I have with selling investments is the tax aspect, whenever there is a profit in trading the taxes need to be deducted. This reduces the profits by 25% and doesn't make it worth it in some cases. Better to sit this one out in my opinion in case inflation rises even higher.

What can be done to secure your assets 100%?
- Nothing

If you come in business thinking there is a fool proof plan, then you would literally be sad after recognizing the fact that nothing can work 100% in this environment, it's Pandemic, WAR, markets are crashing what you can do ?

-You can definitely try and save as much as you can -
1. You can try and rely more on things like " cryptos for long term investment " , not banks, but let's be honest the market is going to affect everything
2. You can buy property and wait for it to grow more
3. You can buy things like gold, I know it's traditional but it still works you know. 

You cannot prevent losses 100% you can only try and minimize them overtime.
*_*

In the long run, in my opinion, real estate is the best asset. I simply think that, when the world's population is increasing, industrial parks and high-rise buildings are growing rapidly, real estate is considered an extremely good investment in the long run. Many people don't talk about real estate as often as bitcoin because investing in real estate requires a lot of initial capital and with real estate you will have to keep your investment for 5 years or 10 years to be able to make a good profit. If you have enough money to invest in real estate then I think you should not miss it.

Nobody can be 100% prepared for the future. If we are heading towards stagflation the times will be hard.
I can't understand your question. What do you mean by "to secure assets"? Securing assets from what? Theft? Going Bankrupt?
Unfortunately many investors will have to sell their high risks assets(including cryptocurrencies) so there won't be any chance for bullish crypto markets in the short term. I will keep HODLing Bitcoins even if the BTC price drops to 10K USD or below. I might stop accumulating Bitcoins for a while and start buying other assets, like precious metals for example.
I'm a moderate pessimist, but I don't usually trust all the "doom & gloom prophets". Maybe 2023 won't be that bad. Who knows...

Government reports in my country state that national economic recession will soon occur and we must prepare, especially since many subsidies that will be reduced or even eliminated so that it makes the burden of life more difficult.

If it's targeted at keeping an existing amount of money while hoping for a bigger income, then obviously it's a very good option and it's not worth mentioning too late in achieving the results because the main goal is to save money on an investment that's worth as you say it is.

This is because the value that exists in Bitcoin, land and gold tends to change and can get better when there are so many people who are after it, whereas ordinary currency does not have such properties and even feels like a little when there is a lot of goods and food needed. every day the price increases in the market.

Inflation is the current problem that we are facing now and it's hard fo cope up if you're not taking action to help yourself as an individual.

Just like what earlier replies have pointed out, diversification is a good idea to lessen the risk. In times like this it's a must to study the investment on where you will put your money because the result is uncertain. For me, investing in gold is still reliable, I have been doing this for years already. Even the price increase is not as fast like other investment out there, still you're at ease that you can use it at anytime through pawning or selling. On the other side, I have Bitcoin, it's a secure way to keep our money, though it's an speculative asset and risky. But if you believe in its future, and prepared whatever the outcome is, then it's a good investment that we should not miss. Nevertheless we should find ways that can benefit us for our own good.

If as an investor you need to sell at this time of bear market to get liquidity, you have done something wrong. A good investor has the liquidity available to go through a good season without having to sell anything and also usually gets cash flow from his investments. For example, they have shares that pay dividends, and no matter how much the share price has fallen, they continue to pay dividends, giving you cash flow (with some exceptions, as in bear markets certain companies reduce or cancel their dividends).

The mentality you express is typical of the retail investor who is driven by emotions when it comes to investing, which is usually a recipe for disaster.

It's the main base for us since we've been here and we know how important bitcoin to us. But to some investors that wants to diversify their investments, they'll not going to all in for bitcoin.
They'd go for traditional investing assets and diversification is what they do. I've seen people that don't like to invest in bitcoin and they're telling they want to play on the safer side which is to go for the usual investments, not crypto.

why not convert some of your fiat to other assets like gold (i.e. in the form of jewelry), real-estate and other tangible assets that you think won't be badly affected by inflation? because for example most real-estate properties increase its value depending on where it is located.
the inflation that we are experiencing is the combined effect of various factors and the major ones are owed to covid pandemic, and this russia-ukraine war. the price of crude oil across the globe increased when this war happened. and so the impact is like domino effect when it comes to other goods and services.

Inflation is a part, along with it we've got floods, food shortage, war, oil crisis and more other factors that add up to the bad economic situation. Covid-19 have decreased alot and when the world was moving towards the recovery phase, we encountered war that led to various other social and economic issues. Nowhere we can have the money safe than a no custodial wallet. Here also the market volatility holds the risk of decline in the portfolio, but if you have the ability to hold then it is the right place.

Uncontrolled inflation is not a thing that the government is not really working on but because war is ravaged the whole country the economy is falling beyond control this looking like nothing is working. This is not a covid-19 pandemic particular issue because it is past now, the government should have less of war and I believe certain things will become regulated by themselves if less spending wastefully and corrupt mind in official of government.

Asset are always at risk, even the choicest asset is still at risk of depreciation, a great fear of mine right now is holding my local currency (Naira) its depreciating fast and making people's saving worthless.

I don't know if you are correct about Covid 19 still having an effect on the inflation being experienced by many countries of the world.
I can even support the idea of anyone says the war between Ukraine and Russia has a hand in the inflation, regardless I still believe measure can be taking to curtail the amount of damages.

This situation pervades almost all countries of the world. My strategy at the moment is to hold the important assets that rank well in the market and have a future when the bear market ends. On the other hand, this is to wait until the situation improves. At this time, small deals can be made on some of the shitcoin that They can make significant price spikes for a short period and then disappear.

Covid 19 happened in 2019, so it's called Covid 19. And now it's 2022, so it's like we say Covid 22, or we wait a few more months we'll say Covid 23. Maybe this looks weird with what I said, but the fact is that . What I want to say is don't get carried away by the trauma of the Covid problem. That is the past. Maybe the rest you have to understand what's behind Covid 19. Then why the economic crisis occurs, because people are locked down, so that the economic cycle stops. And all countries in the world agreed to confine their people.

Then what is the solution? As countries in the world agree to lock down their people, so we agree that Bitcoin is the king of crypto, and make Bitcoin the main investment base, so the whole world will invest there, and the price of Bitcoin will be high. When they are able to make something small into something bigger, then we are also able to make Bitcoin a bigger investment.

As an area become more industrialized, the more the land in that area become more expensive. The lands in an area once a village before that become town appreciates in value in the process of the area becoming town. Likewise the appreciation as it is changing from town to city. Even lands available in cities (if there are still some) also still further appreciates in value. Buying land is an investment.

Is buying land a good option? Are there not some certain risks involved in buying land? Like devaluation or inability for it to appreciate in the future due to long lasting inflation. I am just thinking about this to know if to buy land is a good idea. I need to diversify, the only investment plan I know how it works is bitcoin.

World economic growth has decreased due to COVID-19, resulting in massive inflation in both developed and developing countries.
The impact of COVID-19 on economic growth is expanding, forcing countries to formulate prevention formulas. Inflation occurs because the money supply is not balanced, namely the increase in the price of goods continuously within a certain period of time.

It's probably best to switch to bitcoin investing, as in general this won't have much impact, or start switching to buying assets like land and gold.
These three models tend to maintain currency values, both in the short and long term, although the impact of inflation also affects in a much smaller context, from what I have seen and experienced, these three investment models are more likely to be practical and can maintain currency values.
Although sometimes experiencing a slowdown in achieving results.

and it seems, the title is slightly shifted from the discussion.

The last few months have been quite tough due to inflation. The constant increase in living costs made it a lot tougher to save, making it almost impossible to set money aside in some specific months. Personally, I don't think I'll face any significant issues due to the upcoming recession. My savings are definitely going to be affected, but all in all, I'll be fine.

I won't allocate any more money for investments; this isn't the perfect moment for the average Joe. As long as I'm not touching any BTC earnings deriving from the signature campaign, I'm fine, since I'm holding till the end of the recession and bear market in hopes of a better future. My Bitcoin is safe in my wallet, nothing will make me turn them to fiat. People were calling cryptocurrencies volatile but look at their fiat currencies. Euro plummeted, BTC and USD in stablecoins look the safest for now.

The answer has always been the same, when facing inflation you need to take refuge in assets that are a store of value, and what assets are those? Gold, real estate, bitcoin and anything which can retain its value when inflation goes completely out of control, and depending on how bad you think things could get even food could be a good store of value in the country where you live, but the most important thing is to avoid fiat and to have debts on fiat currencies.

I will not withdraw my investment during the current recession due to prolonged inflation of course this is a threat to us but for me we must be able to face it calmly and not tense.

I will take a better step and buy something more valuable and stable for the long term, buy land, gold, property, that's one of them and still I have to have spare funds to face the reality later in the event of the most severe crisis at least the funds The reserve can supplement in our life for its needs and investment is not compromised.

Bitcoin is also still very feasible to be made a long-term investment in this recession, I don't think about other news that corners Bitcoin but for sure I will hold Bitcoin as an investment that has become safe for me.

Yes, in this case I am much more prepared than I was for the 2007 crisis. I was younger then too.

In fact, we have been in an inflation crisis for some time now and I have hardly noticed it personally, because even though prices have gone up, I have been able to save and invest more


I have already taken the steps. I have a good emergency fund between cash, money in my bank account, some gold and Bitcoin. Apart from that also investments.

The other strategy that I've been seeing lately being done by the rich folks is the opposite. They're buying everything that are right now cheaper than before.

This is when they're building their wealth and getting richer. It's because that they've got cash ready to pick up those assets that are cheaper due to the situation.

You're saying that don't buy anything but suggests to buy precious metals. As for real estate, I would agree to just wait a little bit longer because its bubble might burst and I'm surprise to see that most real estates in my location are expensive.

And also stop buying anything for now. If you have your assets in USDT for now, it's good to just try not to buy anything and wait for the world to calm down. No buying of real properties, bonds, and stocks. But it's a good thing to physically buy gold and silver once this heat stops because I think we are going back to currencies backed by gold and silver.

Coping with recession and economic downtrend will be more difficult for those who reside in cities, than it will be for rural more sparsely populated regions.

Access to greater living and storage space is a commodity which can be leveraged to elevate standard of living in a crisis scenario. Due to this we could see a mass migration from cities to the country. A greater migration to off grid living and organic farms. City regulation cracking down on homeless populations could accelerate the trend. Although to be fair we have also seen regulation imposed against collecting rain water and independent farms. Perhaps the regulatory maluses will be spread evenly across the board. But even if this is the case, I think having access to more living space to grow food and have greater options is still a commodity over not being able to even keep pets in a city.

Next comes asset options in terms of inflation and recession protection. Feasibility of storage. Ease of use. Market and merchant support. Insurance. Protection against theft. And so on. An emphasis on assets which help to alleviate rising full and transportation costs as well as food costs could be made. The value of diesel engines and diesel powered vehicles could rise due to their flex fuel capability. Diesel vehicles can run on vegetable oil and biodiesel. A farmer with access to crops that can be refined into one or the other could potentially provide for all of their fuel needs.

Food options could also be a concern. While money may not grow on trees. Food certainly does. And perhaps that is something people will make an effort to leverage more in the future. If indeed food shortages and inflation become harsh realities.

This is indeed the result of pandemic and got worsen by the war, the best thing to do this is to stay liquid. Honestly, I'm afraid to invest for now because I know the worst is yet to come and if you want to stay profitable, better to ready your cash and cash every opportunity that may come. We should really be ready for the recession, many says it's already happening but the worst will surely come. I don't know if cryptomarket will be safe from recession, we can only know once we get there.

Buying land here in our place is a very deadly move, but yes, I agree that it is a good investment in long term as well as Bitcoin. What I mean by deadly is because people here are starting to get interest on claiming land that's not even theirs because of poverty I guess or they just love easy money. You'll get killed if you'll fight for your land here in our place, that's why I delisted it in my investment list.

Bitcoin is the safest I guess, just in case world war 3 would happen (let's hope not), and cash it out as much as you can because if I'm not mistaken, fiat is the most important thing to have when that happens.

If your investment is in a solid project, moving into another is not an option since the market won't stay down for a lifetime. Although you might want to have a planB incase of any unforseen circumstances.  In this case, diversifying to other assets will be good, especially the less volatile ones to keep your funds safe. You can also decide to keep 90% of your funds on stablecoins until the bear market is over, and don't forget you can stake to earn passively.

Not only that, don't forget the war and the shortage of food and other supplies.

Well, that's why we have investments and assets. If you can't take it anymore and there's a need to dispatch your assets and sell them for profit as you need cash, you have to do what you're up to and take that decision for your survival. But there are assets that are not worth selling at these times because they might grow more when things have become calm. So before doing that, you need to assess it if there's really a need in doing so.

I think the few things that one should do for sure is first to create a sort of emergency fund or savings fund which can help you with your necessities for atleast next 6 months if you lose your job or business income. Similarly one should then create a basic fund into some fixed asset which will be used for your big expenses in near future which are obviously necessary like can be your marriage or a higher education degree or anything. Rest of the assets you shouldn't touch. An aggresive person might try to sell the assets to buy cheaper later but practically it's almost impossible so not a wise thing to do.

I'm still trying to stick to my investment and not withdraw any assets right now. Because I don't think this is about the COVID-19 pandemic, but entirely due to the inflation that is going on so that the decline in the price of any asset is still happening until now. And this is not the end of everything so choosing to stay in the investment is also a good choice and it will not bother investors at all.

Exactly the opposite, COVID-19 pandemic pushed the cryptomark up in reverse, back then were very profitable times. And today's situation has completely different roots and will continue to do so until the global world situation changes. Anyone who has converted their coins into stablecoins in good time simply waits until the best time to enter comes

Yes, that is why many long term investors are investing their money on a potential coins that will give them double profits at the end of the inflation. Since Bitcoin investment didn't fail investors during the pandemic period, I guess it will not still fail investors in this global recession that is preparing to appear in the global world economy. Now that the governments is making some requirements to stop the massive inflation not to collapse their economy like the way pandemic collapsed some countries that didn't make Bitcoin legal in their country.I don't think, government officials will allow citizens to experience this inflation that is about to happen in the world to reduce people resources and cause hardship in the societies.

Agriculture. My mother taught me how to grow crops, from growing rice to vegetables for daily needs, sometimes when there was more we sold to middlemen who passed by. things like that are very petrified the family's economy.  By diversifying, it can reduce risk because the losses experienced will be covered by profits from other business segments so that risk will be reduced.  Well, investing in land and gold is indeed good, safe and low risk but it takes a long time to get the benefits, that's in my opinion

Covid-19 pandemic doesn't huge as few years before, the 2023 recession are because Russian invasion on Ukraine and bad economy on western countries. This recession is increase the inflation rate and make many countries are in worse situation.

If you idle money, you should convert your fiat to investment assets e.g. Bitcoin, gold, silver etc. Stock isn't a good idea since the performance is depends on the company, most companies wouldn't make profit on recession.

Companies are probably where the investment gets focussed here imo. If they're all putting up their prices in line with inflation then quite a lot should make a decent profit out of it (most financial institutions have put up staff wages by 20% already, that money will have to go somewhere as well as the extra money the banks are getting in higher interest - and other companies will have to get in to cover buying new stock and emergency funds just in case their stock increases in cost more rapidly than they expect).

Diversification cannot be over emphasized in this.
Obviously, fiat fluctuates in value and would likely lose some value in a recession. The best steps to do now is to diversify and spread your earnings into wise and steady investments like land, gold.

In and out of a recession, it’s also very wise to invest and indulge in agriculture. Grow your own cash crops that would bring in some income and also get you fed.
The key word is to diversify

COVID-19 by this time? That should be in the past. But your question is still valid because fiat value always depreciate in long term.

Diversify.

Buy land, gold, bitcoin and other valuable assets you know that their worth will keep appreciating in long term. Also go for lucrative businesses in your area.

Are you ready to face it?  This condition is caused by the COVID-19 pandemic and uncontrolled inflation and other factors. if you as an investor need to withdraw investment assets or move to other investments or just keep quiet.  what steps will be taken to secure assets to avoid unwanted risks