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Topic: My top 3 picks for up coming crash - page 2. (Read 408 times)

hero member
Activity: 2954
Merit: 906
February 21, 2024, 07:03:17 AM
#22
Biggest hit will get Luxury goods and yachts and expensive art work.
Then will be cars and real estate europe UK USA and Canada off course.
Real estate it depends but over Southern europe like spain Costa del sol Im expecting one of the biggest real estate  crash.
But Luxury goods and brands will take first hit i think biggest hit will take expensive art work.

Everything what's not traded in exchangers are dangerous assets to hold.

Im expecting the crash will start in few months.


The number of millionaires and billionaires around the world is growing. Why do you think that the markets for luxury goods will crash?
Do you really believe that most very rich people will suddenly lose their wealth? I'm not so sure about this.
I agree that the real estate markets are overpriced in some countries, but that doesn't necessarily mean that they will crash.
You expect a crash in a few months? Did you see that in a crystal ball or did you use tarot cards to predict the future?
Thousands of such "doom & gloom" predictions were made in the past 15-20 years but the USA, Canada and the UK are still holding on.
legendary
Activity: 3332
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Cashback 15%
February 20, 2024, 05:48:29 PM
#21
I don't know what to believe as far as the state of the economy.  I've heard we're in a recession, and yet the stock market is soaring and aside from the tech sector I haven't heard any reports about massive layoffs or the like.  And when the hell is this crash coming?  The stock market has been in the longest bull run ever, and I know damn well that prices just can't keep going up indefinitely.

Don't forget about the stocks as there's recession happening currently. Jeff Bezos sold his stocks.
I read that article, but it isn't clear why he sold all that stock.  It doesn't necessarily mean he's got a negative outlook on Amazon; corporate executives sell their companies' stock all the time, presumably to fund their lavish lifestyles.  On the other hand, Amazon is probably overvalued, and if a crash does come I betcha that stock is going to take a beating.

I don't know about OP's assertion that yachts, cars, and art are going to get sold off in the event of a market crash.  The people who buy that stuff generally have enough dough such that they don't have to resort to selling their luxury goods, you know?
sr. member
Activity: 1302
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#SWGT PRE-SALE IS LIVE
February 20, 2024, 06:35:42 AM
#20
Everything what's not traded in exchangers are dangerous assets to hold.

Im expecting the crash will start in few months.

This is something I have also thought about. It is true that assets that are not traded on exchanges are not susceptible to price dumping. But the problem is that I think assets like real estate, luxury collections and paintings are already unreasonably priced. The prices of these goods have ballooned from the price they should be getting. This reminds me of the 2008 crisis where real estate prices in America crashed due to the real estate balloon that had burst.

Many works of art and luxury items become expensive because the owners make them expensive. To be honest, I don't like works of art that sell for billions of dollars. I know there is a long history and a lot of memory in works of art that are hundreds of years old but what about works of art like a piece of banana that was bought for millions of dollars?

Banana Taped to Wall

I think we will indeed see some crashes in the next few months, or maybe in the next few years.
sr. member
Activity: 1442
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★Bitvest.io★ Play Plinko or Invest!
February 20, 2024, 05:31:33 AM
#19
~
Until now everybody tought they are genius sp500 went up real estate investors and so little do they know that they made profit only because of the good bond Market.
The smart money knows it's over now and they move together with me into assets what's protected with price locks untfortunately real estate not protected.
Many will lose becouse they don't want to learn finaces and economy and they don't find expert advice neither most of people are pure gamblers.
Suddenly many people become interested of how the economics works, but when you try to explain them early they tell you "it's boring and they got nothing to do with that crap knowledge" you try to explain to them how the bond market works and what is the fed REPO and why we should care about ...they tell you something like you grazy or something or something like they don't need to worry about becouse goverment will take care of the things....well little do they know goverment only can as much as possible.

I belive we gona see sp500 nice crash also this year
I'm not in the know with real estate and stock market but there's got to be a reason why I think that they're going to crash and this isn't the first time that those two have crashed right so I don't think that we're going to see the same mistakes done by this greedy people again, they might do something slightly different though. Also, it's weird that you're talking something that I didn't talked about in my last post.
jr. member
Activity: 126
Merit: 1
February 20, 2024, 05:16:20 AM
#18
I don't think artworks are going to tank, they're not your typical commodities that have a lot of demands and I don't think that the rich money launderers are going to even let the price of their artworks go down in value as they've paid for it and most likely want to use it to for money laundering purposes.


Until now everybody tought they are genius sp500 went up real estate investors and so little do they know that they made profit only because of the good bond Market.
The smart money knows it's over now and they move together with me into assets what's protected with price locks untfortunately real estate not protected.
Many will lose becouse they don't want to learn finaces and economy and they don't find expert advice neither most of people are pure gamblers.
Suddenly many people become interested of how the economics works, but when you try to explain them early they tell you "it's boring and they got nothing to do with that crap knowledge" you try to explain to them how the bond market works and what is the fed REPO and why we should care about ...they tell you something like you grazy or something or something like they don't need to worry about becouse goverment will take care of the things....well little do they know goverment only can as much as possible.

I belive we gona see sp500 nice crash also this year
sr. member
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★Bitvest.io★ Play Plinko or Invest!
February 20, 2024, 04:15:26 AM
#17
I don't think artworks are going to tank, they're not your typical commodities that have a lot of demands and I don't think that the rich money launderers are going to even let the price of their artworks go down in value as they've paid for it and most likely want to use it to for money laundering purposes.
jr. member
Activity: 126
Merit: 1
February 20, 2024, 03:23:23 AM
#16
Biggest hit will get Luxury goods and yachts and expensive art work.
Then will be cars and real estate europe UK USA and Canada off course.
Real estate it depends but over Southern europe like spain Costa del sol Im expecting one of the biggest real estate  crash.
But Luxury goods and brands will take first hit i think biggest hit will take expensive art work.

Everything what's not traded in exchangers are dangerous assets to hold.

Im expecting the crash will start in few months.


Yet again, picking random crap out of the air without giving any evidence, references or sources for your ideas. Saying luxury goods are the first to be hit during a recession is like saying water is wet, it's clear and obvious from all prior recessions this is what happens because even the richest people start to hurt a little bit and get protective of their resources when the rest of the world is burning. Property also takes a dip in even the mildest recession as lending can often seize up as banks again are more suspicious of borrowers and try to shore up their own defenses as defaults rise. On what basis are you expecting this crash exactly? Because these forums are full of endless predictions of the same kind and few ever turn out to be true.


Well i have knowledge how the things are working when i see indicators are red than i know what's happening.
I tell you 90% of stocks and assets will lose their value.
Im not predicting Im saying to you economy is done and this time no way they can rescue no soft landing.

Bond market toasted*
Repo Crisis*
legendary
Activity: 2646
Merit: 1176
February 19, 2024, 04:36:57 PM
#15
Biggest hit will get Luxury goods and yachts and expensive art work.
Then will be cars and real estate europe UK USA and Canada off course.
Real estate it depends but over Southern europe like spain Costa del sol Im expecting one of the biggest real estate  crash.
But Luxury goods and brands will take first hit i think biggest hit will take expensive art work.

Everything what's not traded in exchangers are dangerous assets to hold.

Im expecting the crash will start in few months.


Yet again, picking random crap out of the air without giving any evidence, references or sources for your ideas. Saying luxury goods are the first to be hit during a recession is like saying water is wet, it's clear and obvious from all prior recessions this is what happens because even the richest people start to hurt a little bit and get protective of their resources when the rest of the world is burning. Property also takes a dip in even the mildest recession as lending can often seize up as banks again are more suspicious of borrowers and try to shore up their own defenses as defaults rise. On what basis are you expecting this crash exactly? Because these forums are full of endless predictions of the same kind and few ever turn out to be true.
tyz
legendary
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Top Crypto Casino
February 19, 2024, 04:01:19 PM
#14
Here in the US.

Consumer debt is at an all time high, defaults are increasing on vehicles and credit cards. Repos are up.

Official statistics say otherwise  Wink

(hope you recognize the sarcasm)

Remember this when you vote.......

Regardless of what you vote, there will probably be no change. The system is broken. Americans are living beyond their means, financed by the US dollar, which is exported all over the world. Without the USD as the reserve currency, many would be even worse off. That is why a new government will not change anything, the system must continue.
full member
Activity: 322
Merit: 178
February 19, 2024, 01:24:47 PM
#13
hmm you shared your best 3 top picks for the upcoming crash but did not mention any solid reasons so do not you think talking about such a topic is unnecessary until any of us do not know why did you say or what was reason behind your idea/thinking. Real state is the most stable investment and you added it to your top 3 picks. tell me why did you added it there or what are the solid reasons behind that. Well besides all that 2024-2025 is going to be the best crypto year where many projects will gains alot of potential.

well one of the above member mentioned about amazon stocks where Jeff has sold $2 billion worth of Amazon stock anyone knows why did he sold that amount of stock like is there was any strong reason behind that selling a big amount of stock? well I was already aware of this news but have no idea why jeff sold $2 biilion worth of stock? if anyone know the reason so lemme know i would love to know about it. Many Thanks!
legendary
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🙏🏼Padayon...🙏
February 18, 2024, 10:46:33 PM
#12
This is a rather odd or surprising take, and I would very much like to know how you come up with this analysis and prediction. What are your bases in saying that luxury brands will take the first hit in the "coming crash"?

Normally, luxury brands thrive in good and bad times. They seem not to care about recessions and inflation and interest rates and whatever economic crisis and challenges there are. After all, in good and bad times, the ultra rich are getting richer. Their only problem is still that they don't know how to spend their money. Luxury brands solve this huge problem for them.

Somehow, economic difficulties are only applicable to the poor and perhaps a portion of the middle class. The rich are insulated from these problems. This is the main reason why luxury brands continue to stay afloat.
hero member
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Leading Crypto Sports Betting & Casino Platform
February 18, 2024, 08:30:43 PM
#11
having cash will be great to buy those things you mentioned at significantly lower price, thats why even mentioned above that some billionaire are cashing out their stocks into cash, which kinda make sense maybe they just trying to prepare to bag these cheap real estates and so on for future investment.
i personally would just try to hold gold and crypto, since its kinda easy to liquidate, the trading volume also quite high.
in the other hand any asset that hardly can be liquidated are definitely gonna be the one that takes the bigger hit here.
after all, fewer people would think of spending their money on such thing at the time of crash. moreover people would seek cash everywhere even go as far as selling their asset for cheaper.
hero member
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Leading Crypto Sports Betting & Casino Platform
February 18, 2024, 05:32:40 PM
#10
It’s a rational thought because the financial downturn does make people reduce the demand for luxury items and other unimportant expenses, as you mentioned. In such conditions, with respect to consumption, people would be expected to focus on essential necessities like survival requirements.

On the other hand, when speaking about forecasts of market changes and prices, it is always connected with a high level of uncertainty since this depends on several variables, namely political strategies, consumer shifts, and international marketing evolution. This, in fact, can dictate how the market will react to the economic crisis taking place at that particular time. Faced with a situation like this that is fairly challenging, we should, at least be able to take some preventive actions like portfolio diversification for our investments and also conducting a review of personal finance strategies in dealing with an uncertain economy.
hero member
Activity: 868
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Chainjoes.com
February 18, 2024, 05:31:58 PM
#9

Everything what's not traded in exchangers are dangerous assets to hold.

Im expecting the crash will start in few months.


coins that do not have exchangers only dex exchangers like pancakeswap are obviously difficult to develop their coins because their durability for buy pending orders is only dev. but this is a halving year if the coin crashes it is very difficult to happen. crashes may occur 1 year after halving after the coin price reaches its new ATH.
not few month but in 2025 one year later pasca halving
member
Activity: 324
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February 18, 2024, 05:22:58 PM
#8
Here in the US.

Consumer debt is at an all time high, defaults are increasing on vehicles and credit cards. Repos are up.

Bidenomics has murdered the middle class and small business. People are using credit to buy necessitates. Layoff are starting to mount in large companies. I just looked at Amazon, Lowes and Home Depot websites here in Norcal and I see one job posted when there was once pages.

It looks just like 2008 all over again. Housing will be the first to crumble, people will be underwater and rates too high.

Remember this when you vote.......




STT
legendary
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February 18, 2024, 05:16:49 PM
#7
You could look up the plan of assets made over half a century ago, I think the reference needed would be Exters triangle which has an order of security for all assets.   The more speculative the asset the more likely it sells off which roughly matches the types mentioned in OP post.   Exter was on Fed board of governors and setup the Central Bank of Sri Lanka.    In risk adverse sell offs which are not uncommon features in our unstable world, his definition of assets still rings true.  
  It would be controversial where crypto is placed in this triangle, some want to place it next to gold and others cant stand that idea.   BTC does generally rule over any alternatives mostly from its superior security vs all other comparisons so it seems relevant to worth even in this modern discussion.




Jeff Bezos argument would be I cannot carry everything I own in a single basket and feel safe, thats not correct investment protocol.  Its hard to say its  a certain call to sell Amazon except from increased liquidity in trading with those shares.
hero member
Activity: 2772
Merit: 576
February 18, 2024, 04:57:46 PM
#6
Im expecting the crash will start in few months.
Don't forget about the stocks as there's recession happening currently. Jeff Bezos sold his stocks.

Jeff Bezos sells more than $2 billion in Amazon stock for third time this month

So, there's already the hint and he's got something that he knew about that many don't. It's not a simple sell-off if it's happened for the third time this month and it's not just small amounts but billions although he's entitled for it.

But you get the clue.

I like to do research and to understood things deeply and they work.
But here is my another post Im expecting real estate liquity fall on the next places:
https://bitcointalksearch.org/topic/im-expecting-biggest-real-estate-crash-list-of-countries-where-real-estate-crash-5485438
Okay then.

That seems to be really happening soon. The real estate market is so expensive but I wouldn't say that they're saturated. It's still one of the best investments out there if I choose it.

But it seems that the people have been repricing and overpricing their real estate for people to get interested on it for which I don't think think is working for the buyers.

And that overpricing will be causing its market to pop as that has created a bubble.
tyz
legendary
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February 17, 2024, 10:52:57 AM
#5
Im expecting the crash will start in few months.

On what basis of knowledge do you expect the crash? I mean, you mention quite detailed assets (such as real estate in Italy/Southern Europe) that will be severely affected by a crash. But where do you get this assumption from? Do you have specific information available, no one other has (insider information)?
hero member
Activity: 2744
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Burpaaa
February 17, 2024, 08:46:35 AM
#4

Everything what's not traded in exchangers are dangerous assets to hold.

Im expecting the crash will start in few months.


I’m not quite sure if this right because an asset that can’t be traded on exchange means it’s less prone to dumping unlike assets that can be trade immediately since panic seller can do it immediately I definitely consider anything listed on stock market that will first hit by economic crash compared to luxury items that we all know that being collected by high profile person which is not that affected by recession compared to regular people that do regular trades.

Jeff Bezos already started it on his own stocks. Which means anything on stocks can suffer the same because even the richest person secure his asset away from his own stock.
jr. member
Activity: 126
Merit: 1
February 17, 2024, 08:34:02 AM
#3
Im expecting the crash will start in few months.
Don't forget about the stocks as there's recession happening currently. Jeff Bezos sold his stocks.

Jeff Bezos sells more than $2 billion in Amazon stock for third time this month

So, there's already the hint and he's got something that he knew about that many don't. It's not a simple sell-off if it's happened for the third time this month and it's not just small amounts but billions although he's entitled for it.

But you get the clue.

I like to do research and to understood things deeply and they work.
But here is my another post Im expecting real estate liquity fall on the next places:
https://bitcointalksearch.org/topic/im-expecting-biggest-real-estate-crash-list-of-countries-where-real-estate-crash-5485438
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