More logically for the collapsed global economic situation is to save first what can be saved, and I think if our situation is difficult in daily life, then the greatest is likely to melt existing assets to survive with family, because average The average condition when the world economy is experiencing the threat of bankruptcy will make Bitcoin fall down.
But if Bitcoin is a concern when the global economy collapses I think to keep holding Bitcoin and waiting for several more periods to get a large profit, in other words you have enough finances for your needs, I think it is an intelligent step.
But if Bitcoin is a concern when the global economy collapses I think to keep holding Bitcoin and waiting for several more periods to get a large profit, in other words you have enough finances for your needs, I think it is an intelligent step.
not many people can wait for long time. so for me, you need to have other assets that you think can easily be liquidated come the desperate times. i think of gold such gold jewelries, which you can easily pawn if you need funds, or sell. real-estate is hard to dispose when the economy is going down. but if you have the agricultural land, you don't need to sell but tend your own garden and for sure, you will survive by what you can plant on your land.
Yes, of course everyone will transfer their assets to assets that are easy to liquidate, however many need to be saved when the economy collapses.
It's simple logic but it's a very brilliant idea, but it might apply to people who have a plot of land to cultivate.
but that's not, as long as he understands how a hydroponic plantation system works which doesn't have a lot of land for farming, I think it can still be explained by using a small amount of land, maybe that's enough to cover needs for a while.
