My top 3 picks for up coming crash | Bitcointalksearch.org

YUriy1991

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Quote from: Parklane777 on February 16, 2024, 05:04:28 AM

Im expecting the crash will start in few months.

Indeed, at first glance, if we look at the investment you mentioned, it is a high class investment and it is true that it is also quite vulnerable to economic fluctuations. I think this is normal because demand is also influenced by the buyer's financial condition and market sentiment.

Of course the most comfortable thing right now is investing in BTC and this is not an ordinary investment and never closes, but what we have to pay attention to is that all risks are still there whether investing in crypto or others. Don't be too quick to expect, because I think everyone has a choice in determining their investment, even if your assumption is that the emphasis is on non-traditional investments.

Wind_FURY

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Quote from: huu78 on March 05, 2024, 01:55:26 AM

not being very popular doesn't mean the goods are useless, but indeed the use of the goods is rare and very rarely traded, only a handful of people like art, but this is different from commodities which are traded every day, of course it covers a fairly wide market, and many people use it.

I think the main crash is items that are not really used.

The market for Art and Commodities are very different. Commodities, like Oil, Metals, and also Orange Juice, are based on actual demand for the actual Commodities that they are. Art, althougn their real fair value is how much the market demands for them, is based on a sort of "scam" that artists, dealers, and collectors participate in. There's no actual utility in them. Bitcoin was in the same situation during its early years until the Silk Road was built which started the revolution for other Dark Markets to be built.

reagansimms

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If you have the desire to acquire all luxury goods that are not traded on exchanges, including those mentioned at the beginning of the topic, you must have an income much greater than what you can spend. A luxury car or yacht will indeed reduce the value of money because it is considered used goods when you resell it. As long as you are still balancing or the amount of your income is greater than your expenses, it cannot be called an accident in managing financial management.
Look at how people live in Qatar, they rarely repair their luxury cars when there is an accident on the road. They actually buy a new car because their finances are more than they can afford. Learn from the ideology adopted by Elon Musk, you can enjoy life by buying luxury goods and never forget to invest your money which can provide benefits in the future.

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not being very popular doesn't mean the goods are useless, but indeed the use of the goods is rare and very rarely traded, only a handful of people like art, but this is different from commodities which are traded every day, of course it covers a fairly wide market, and many people use it.
I think the main crash is items that are not really used.

Wind_FURY

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Quote from: kryptqnick on February 28, 2024, 06:25:57 AM

Assuming you can predict which markets will crash, is the idea to stay away from them or to buy when they crash and then sell when they recover?

I believe assets like Gold and Real Estate should be bought after the crash and HODLed. Gold as a commodity has been with human society for centuries. Real Estate is the only asset with an actual capped supply.

Quote

I'd be afraid to buy something like contemporary art because I don't have confidence that the price will get back up, for example. Real estate sounds more solid, but again, there's a big risk involved. Not to mention that all the options listed by the op significantly limit the number of people for whom such info is relatable because of a very high starting price point.

Real Estate, depending on the area, is actually low risk compared to something more volatile like Bitcoin. BUT its problem is its market, which make them very illiquid. That's a HODLers-only invesment.

Quote

I'm not convinced that there will be a global economic crisis any time soon, to be honest, so there's no need to jump the gun.

That's the reason why it's called a "Black Swan".

¯\_(ツ)_/¯

kryptqnick

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Assuming you can predict which markets will crash, is the idea to stay away from them or to buy when they crash and then sell when they recover? I'd be afraid to buy something like contemporary art because I don't have confidence that the price will get back up, for example. Real estate sounds more solid, but again, there's a big risk involved. Not to mention that all the options listed by the op significantly limit the number of people for whom such info is relatable because of a very high starting price point.
I'm not convinced that there will be a global economic crisis any time soon, to be honest, so there's no need to jump the gun.

Cryptomultiplier

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Quote from: blckhawk on February 24, 2024, 06:34:21 AM

I'd love to see luxury yachts go down in flames, but I don't think that their owners are going to be affected that much if the value of their yachts ever crashed, this is the first time that I've heard of luxury product to crash in value, I think that most of them keep their value throughout the bad times and it's just there's not a lot of people buying, that's probably my take on all of this. For me if there ever is a crash, my pick would be the USD or maybe the S&P 500, and the real estate economy, those picks will definitely be a destructive crash if they all ever really happen.

We keep forgetting that the rich who own these luxury properties have or maintain good insurance portfolio to cover any unforseen expenses that may befall their properties.
I was thinking OP was going to speak solely based on crypto currencies, but I like the angle from which this topic was presented, but a timeframe to expect such a crash would have helped buttress the point better.

lizarder

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Quote from: Parklane777 on February 26, 2024, 02:41:56 AM

It's a end of the cheap money era, don't forget Luxury goods and real estate been pumped up with cheap money most in order to keep those prices up you need constant money inflow and inflation to going up with cheap low rates money but that money is not there anymore and first hit will be most pumped assets without realistic price fundamentals Luxury goods, cars,and real estate.
But the same time higher banking fees higher insurance costs and right credit tules and higher mortgage rate.
Inflation must come down by 80%

If you don't want to have an impact on inflation then don't use credit rights to buy luxury goods because it can actually cause problems. Real Estate has collaborated with banks in selling the assets they own and consumers are forced to buy on credit and vice versa to buy cars using loans offered by banks. Basically, people look for problems instead of looking for solutions because they push too hard to live a luxurious life in order to achieve perfection in life and on other occasions they never think about the long-term impact of increasing inflation.

If this type of lifestyle is still maintained then don't expect people to get out of trouble and we can see for ourselves how loans from anywhere can destroy the economy. People are forced to need money and we are given easy access to reach it and after that they extort it by means of an agreement that has been agreed upon, that's how stupid their system creates for people.

Wind_FURY

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Livingfree posted that Jeff Bezos has started sell Amazon shares, BUT it's not only that! The Bill Gates Foundation also started to sell the stocks in their vaults as well, https://dailyinvestor.com/investing/44342/bill-gates-foundation-dumps-apple-and-50-other-companies/

If you DYOR, you would see other corporate insiders that are selling their stocks, like Mark Zuckerberg selling Meta shares and Jaime Dimon who is also selling his JP Morgan stocks.

WHAT DO THEY KNOW?

Parklane777

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Quote from: lizarder on February 25, 2024, 12:40:23 PM

Quote from: Parklane777 on February 16, 2024, 05:04:28 AM

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.

What analysis or references do you get regarding luxury goods that are taking a hit and will experience destruction in the midst of a recession because what I know is that luxury goods that have artistic value are quite valuable now. Of the several luxury assets available, there are some that survive and may be affected by scarcity, making the price higher. The real estate sector has also experienced quite a significant increase in my area and today it will be very difficult to get standard prices because this sector is experiencing increased interest from the public.

In the current conditions, buying some of the goods or assets you mentioned has great potential because the selling value is increasing day by day. But unfortunately there are many people who cannot afford to buy because economic conditions are getting worse caused by inflation or recession. In fact, it is now difficult to meet the necessities of life, let alone talk about buying several assets like the ones you mentioned.

It's a end of the cheap money era, don't forget Luxury goods and real estate been pumped up with cheap money most in order to keep those prices up you need constant money inflow and inflation to going up with cheap low rates money but that money is not there anymore and first hit will be most pumped assets without realistic price fundamentals Luxury goods, cars,and real estate.
But the same time higher banking fees higher insurance costs and right credit tules and higher mortgage rate.
Inflation must come down by 80%

lizarder

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Quote from: Parklane777 on February 16, 2024, 05:04:28 AM

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.

What analysis or references do you get regarding luxury goods that are taking a hit and will experience destruction in the midst of a recession because what I know is that luxury goods that have artistic value are quite valuable now. Of the several luxury assets available, there are some that survive and may be affected by scarcity, making the price higher. The real estate sector has also experienced quite a significant increase in my area and today it will be very difficult to get standard prices because this sector is experiencing increased interest from the public.

In the current conditions, buying some of the goods or assets you mentioned has great potential because the selling value is increasing day by day. But unfortunately there are many people who cannot afford to buy because economic conditions are getting worse caused by inflation or recession. In fact, it is now difficult to meet the necessities of life, let alone talk about buying several assets like the ones you mentioned.

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Quote from: Parklane777 on February 16, 2024, 05:04:28 AM

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.

Real estate crash is already visible in most parts of the world, yet some top tier cities still have an increasing price. T people want to move closer to big cities as smaller towns are turning to ghost town. It's hard to live by with income and people are breeding less children and lower the number of people. The only population rise are on Africa and some parts of Asia. War and conflict has made it hard for countries to trade and the prices for energy, food and other goods are high. People have limited themselves to bare necessities and with less spending, our economies are struggling. The world economy is based on ever increasing demand but if there's no increase in demand, everything would crash.

jaberwock

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Quote from: poodle63 on February 18, 2024, 07:30:43 PM

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.

Of course we need a cash because how can we obtain them if we don't have it? If it's only cryptos, it is possible by working on something like a signature campaign here in the forum. A crash means a dump in the price of the asset but all those assets listed in the OP aren't still going to be affordable for the poor. This is another advantage of crypto.

Not only that most of the coins are cheap but we can also buy even by just a portion of them. A crash is normal and a good asset can still recover but cash will only lose its value over time, so I'd rather HODL my assets, besides I still have some cash outside that I can use to add more assets in my bags.

blckhawk

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I'd love to see luxury yachts go down in flames, but I don't think that their owners are going to be affected that much if the value of their yachts ever crashed, this is the first time that I've heard of luxury product to crash in value, I think that most of them keep their value throughout the bad times and it's just there's not a lot of people buying, that's probably my take on all of this. For me if there ever is a crash, my pick would be the USD or maybe the S&P 500, and the real estate economy, those picks will definitely be a destructive crash if they all ever really happen.

Parklane777

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Quote from: pooya87 on February 24, 2024, 02:21:25 AM

Quote from: Parklane777 on February 16, 2024, 05:04:28 AM

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

Why? Is it because they're pumping it these days or because you can dump/liquidate them easier?
That's a plus but not a big one. When the crash comes, they too will dump and no matter how quick you are, there is a high chance of big loss.

Quote from: tyz on February 19, 2024, 03:01:19 PM

Quote from: spectre71 on February 18, 2024, 04:22:58 PM

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)

Sarcasm is difficult to be relayed in text form.

In any case, this increased number of defaults and debt rising is what I predicted more than a year ago. This is the consequence of inflation and recession caused by high energy prices + government spending and the high interest rates respectively. Things are going to get worse as long as these two issues persist
https://www.cnbc.com/2024/02/06/credit-card-delinquencies-surged-in-2023-indicating-financial-stress-new-york-fed-says.html

Voting is not gonna change a thing because in US you can't change the "regime" by voting, you just change the puppet president specially when they're forced to choose between senile old men Wink

Exchangers like cboe use price locks so If you know how the instutions moves and have accces to info what i have you see that what prices will be lowest pricest.
The real estate and Luxury goods will fall becouse of they are pure bubble of money printing low rates and cheap money outcome i don't want to touch anything now what are made of bubble money with no value yes off course the real estate and Luxury goods have value but not this high value we are peak of inflation before new money and lower rates can happening inflation must come down by 80% you see Im trader and economist and finances person i look the world by the facts numbers and indicators not by the news or emotions but cold hearted bold no emotions involved clear mind calculations.

If you want to know and Understood like i do you need study and have knowledge like the blackrock does it and all the other hard core wall St instutions.
finances not something you take lightly Im not here to gamble my money Im here to make full time income i hate risks and i want to know how the markets really works.
I could easily make my own FUND my investors could swim in the money If they join with my fund.

pooya87

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Quote from: Parklane777 on February 16, 2024, 05:04:28 AM

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

Why? Is it because they're pumping it these days or because you can dump/liquidate them easier?
That's a plus but not a big one. When the crash comes, they too will dump and no matter how quick you are, there is a high chance of big loss.

Quote from: tyz on February 19, 2024, 03:01:19 PM

Quote from: spectre71 on February 18, 2024, 04:22:58 PM

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)

Sarcasm is difficult to be relayed in text form.

In any case, this increased number of defaults and debt rising is what I predicted more than a year ago. This is the consequence of inflation and recession caused by high energy prices + government spending and the high interest rates respectively. Things are going to get worse as long as these two issues persist
https://www.cnbc.com/2024/02/06/credit-card-delinquencies-surged-in-2023-indicating-financial-stress-new-york-fed-says.html

Voting is not gonna change a thing because in US you can't change the "regime" by voting, you just change the puppet president specially when they're forced to choose between senile old men Wink

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Quote from: serveria.com on February 22, 2024, 06:03:08 PM

Quote from: Parklane777 on February 16, 2024, 05:04:28 AM

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 i
Im expecting the crash will start in few months.

I don't agree, recession facilitates the dying out of the middle class, the gap between the poor and the rich is getting bigger all the time. This means there will be more poor people but also more rich. So the demand for luxury goods should only increase. Let's wait and see.

Though I don't quite agree with the op just yet, since I am yet to find a clear explanation to why he thinks all this assets he mentioned in the op will crash big time.
But I also do not agree with you too, based on what you said about gap between the rich and the poor increasing, what I did let you know is that; when the gap between the rich and the poor increases, it simply means that, more people are becoming poor as some rich people are losing their position and slipping into poverty, and this also means that, there are lesser and lesser rich people and more and more poor people, expensive and luxury goods will definitely lose value as there are not enough rich people to bid on them and raise demand, and as we all know, the lesser the demand for something, the lesser the value.

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Quote from: Parklane777 on February 16, 2024, 05:04:28 AM

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 i
Im expecting the crash will start in few months.

I don't agree, recession facilitates the dying out of the middle class, the gap between the poor and the rich is getting bigger all the time. This means there will be more poor people but also more rich. So the demand for luxury goods should only increase. Let's wait and see.

Parklane777

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Quote from: strunberg on February 20, 2024, 05:35:42 AM

Quote from: Parklane777 on February 16, 2024, 05:04:28 AM

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.

Well the techical info of financial markets doesn't looking good and everybody sleeping now they think the fed will rescue always and they don't need to have guard on.
Don't fall in sleep be awake and alert.

Bubbles can get bigger than you think, crashes can go deeper than you think

Wind_FURY

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Quote from: livingfree on February 17, 2024, 07:12:01 AM

Quote from: Parklane777 on February 16, 2024, 05:04:28 AM

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.

👀

Jeff Bezos/Amazon will probably start laying off more employees soon, perhaps the largest lay-off in Amazon's history as a company.

The data that everyone should be following is the Fed Funds Rate and the Unemployment Rate. If Jerome Powell announces that it's time to pivot, but the Unemployment Rate is starting to surge, that probably indicates that they might be getting ready to turn on the money-printer and pump cash in the economy because they're expecting a recession.

davis196

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Quote from: Parklane777 on February 16, 2024, 05:04:28 AM

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.

The Sceptical Chymist

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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.

Quote from: livingfree on February 17, 2024, 07:12:01 AM

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?

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Quote from: Parklane777 on February 16, 2024, 05:04:28 AM

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.

pinggoki

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Quote from: Parklane777 on February 20, 2024, 04:16:20 AM

Quote from: pinggoki on February 20, 2024, 03:15:26 AM

~

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.

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Quote from: pinggoki on February 20, 2024, 03:15:26 AM

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

pinggoki

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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.

Parklane777

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Quote from: Fortify on February 19, 2024, 03:36:57 PM

Quote from: Parklane777 on February 16, 2024, 05:04:28 AM

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*

Fortify

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Quote from: Parklane777 on February 16, 2024, 05:04:28 AM

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

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Quote from: spectre71 on February 18, 2024, 04:22:58 PM

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)

Quote from: spectre71 on February 18, 2024, 04:22:58 PM

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.

snowpega

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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!

Darker45

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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.

poodle63

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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.

topbitcoin

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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.

cakravothy

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Quote from: Parklane777 on February 16, 2024, 05:04:28 AM

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

spectre71

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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

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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.

livingfree

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Quote from: Parklane777 on February 17, 2024, 07:34:02 AM

Quote from: livingfree on February 17, 2024, 07:12:01 AM

Quote from: Parklane777 on February 16, 2024, 05:04:28 AM

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

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Quote from: Parklane777 on February 16, 2024, 05:04:28 AM

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)?

Beparanf

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Quote from: Parklane777 on February 16, 2024, 05:04:28 AM

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.

Parklane777

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Quote from: livingfree on February 17, 2024, 07:12:01 AM

Quote from: Parklane777 on February 16, 2024, 05:04:28 AM

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

livingfree

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Quote from: Parklane777 on February 16, 2024, 05:04:28 AM

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.

Parklane777

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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.

Topic: My top 3 picks for up coming crash (Read 456 times)