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Topic: Living with parents again could fuel the next Bitcoin bull run. - page 5. (Read 829 times)

hero member
Activity: 1162
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I am sure not even 1% is aware of whats really going on in the world. Banks printing money to force the biggest crash in history and blame it on covid19. So, I doubt this money printing will cause a bull run. The world is full of media manipulated idiots.
In crypto economy is totally different from normal economy growth, But only matching is investors is need for all the platform. I think not all the peoples are media idiots so don't compare total world is media manipulated Idiots. Number of news will enter in each seconds so controversy news are push up in the market. COVID is affected the many peoples so human is need to buy the crypto so must investors activity in all the platform.
legendary
Activity: 3234
Merit: 1055
that is if your parents will allow you to live on their basement. some parents do like this but some doesn't like it specially if youre a couple already.  
i don't see it fueling bullrun unless they all receive 2000$ each month and invest some of it to crypto. if you are a family man, you would rather be buying more supplies to stock in preparation for the winter.

legendary
Activity: 2590
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Welt Am Draht
If you're back marooned round your old dears then your financial priority will likely be to move on again. You're not going to cripple yourself for a bubble that may come years after you want it to.
full member
Activity: 2590
Merit: 228
I think its already happening with the stock market.

Living with parents = saving minimum of $1000+ per month just from rent. So many people moved out of expensive cities like New York City went from paying $3,000/month to living at home with parents for free. And they work from home now, so they are saving money on transportation too. Vacations are cancled, ect. They aint spending money on shit, just saving saving saving. But the gov is printing and fear of that savings being erroded is high. Panic buying incoming Wink


https://www.youtube.com/watch?v=KvfgSo65jvE
Imagine you have connected this situation to bitcoin growth possibilities?

but i think even if people are not spending money now,the problem is would they invest in crypto?

do they know what crypto is all about?

and are they willing to risk their money in this risky environment ?
hero member
Activity: 2912
Merit: 541
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If their parents okay with their decision to moves to their parents, they can live with their parents. As long as they can explain why they need to live with their parents and don't have a problem with their parents, I think their parents will allow them to live together. But before you go to your parent's home, you need to make sure that you are healthy, so your parents will not worry about you.
hero member
Activity: 2926
Merit: 722
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I think its already happening with the stock market.

Living with parents = saving minimum of $1000+ per month just from rent. So many people moved out of expensive cities like New York City went from paying $3,000/month to living at home with parents for free. And they work from home now, so they are saving money on transportation too. Vacations are cancled, ect. They aint spending money on shit, just saving saving saving. But the gov is printing and fear of that savings being erroded is high. Panic buying incoming Wink


https://www.youtube.com/watch?v=KvfgSo65jvE

I havent watched the youtube link that you do give out but lets stick out on the thing you are talking on here. Living with parents = savings? Not all the time because doing such stuff does indicate that you are
on financial hardship.

Yes, you do able to save up from rent or other expenses but i dont see on why they would consider out on making investment nowadays? They will rather save it up and spend it up later on for their wants and needs.

Also, i dont see that investment would be on the no.1 to-do-list in for this one.
legendary
Activity: 2184
Merit: 1213
I am sure not even 1% is aware of whats really going on in the world. Banks printing money to force the biggest crash in history and blame it on covid19. So, I doubt this money printing will cause a bull run. The world is full of media manipulated idiots.
TGD
hero member
Activity: 1288
Merit: 620
Wen Rolex?
I think its already happening with the stock market.

Living with parents = saving minimum of $1000+ per month just from rent. So many people moved out of expensive cities like New York City went from paying $3,000/month to living at home with parents for free. And they work from home now, so they are saving money on transportation too. Vacations are cancled, ect. They aint spending money on shit, just saving saving saving. But the gov is printing and fear of that savings being erroded is high. Panic buying incoming Wink


https://www.youtube.com/watch?v=KvfgSo65jvE
Renting apartment has a contract and finding an apartment to settle in for long time is not quite easy. I don't think so many will leave the city and go to there parents. If the reason of living the city was lack of job then it will be the same they go back to there hometown. They obviously no job equlas no monthly income. There is no savings at all that can be invested on stock market and so on.

Those people who work online is the only person that can still make profit right now.
hero member
Activity: 2716
Merit: 552
If you lose your job, then you have the reason to move to your parents. But if not then life continues even the world today seems boring without these unnecessary spendings.
That's not always gonna be the case. Let's say you'll find an online job, then you're able to save or invest in stocks or crypto, but aren't you ashamed with your parents living under their roof again "for free?".

I honestly don't think there's an incoming panic buying, If there is then that was the time during the pre-halving.
hero member
Activity: 3080
Merit: 603
The adjustment due to the pandemic could make that happen.

Don't know about that. Where I come from if you live with parents you generally don't have enough finances to do much OR you don't have the independence and responsibilities yet to live like adults. Without the need to pay rent, don't you think people would spend their savings on themselves more than on their future? More games, more partying out, more eating out.
I guess this pandemic thought the most of us that it's important to save during the rainy days and that's why the possibility of what OP told is high to happen. Instead of being a reckless spender and won't think of any future scenario, they'll start to think of investing and saving.
legendary
Activity: 2674
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Don't know about that. Where I come from if you live with parents you generally don't have enough finances to do much OR you don't have the independence and responsibilities yet to live like adults. Without the need to pay rent, don't you think people would spend their savings on themselves more than on their future? More games, more partying out, more eating out.
jr. member
Activity: 50
Merit: 14
I think its already happening with the stock market.

Living with parents = saving minimum of $1000+ per month just from rent. So many people moved out of expensive cities like New York City went from paying $3,000/month to living at home with parents for free. And they work from home now, so they are saving money on transportation too. Vacations are cancled, ect. They aint spending money on shit, just saving saving saving. But the gov is printing and fear of that savings being erroded is high. Panic buying incoming Wink


https://www.youtube.com/watch?v=KvfgSo65jvE
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