Topic: Richest people getting ready for economic crash (Read 765 times)
It seems that we have different opinions. I think Richest people always preparing for the future that is good or bad. They always ready, but no one can predict the future. This pandemic situation is one of the examples. In my oppinion the best way secure ourselves from economic crash is by buy more land and other property. However most of economic activity always need material things. But invest in bitcoin and other cryptocurrencies is still my best decision.
Don't take this guy's threads seriously. Every single thread this guy starts is just made up nonsense. He never posts any sources or anything to back up the claims, just posts things without the slightest regard for reality. It's crazy that people give them any attention at all.
Have you ever figured out why? I mean this and he probably has a few more accounts because you can see the similarities in few accounts, accounts all start topics like this and leave. Usually he doesn't even reply to people neither, he just creates topics that make no sense and leaves.I guess there is this "bitcointalk is dying" situation where there may not be as much messages here as there used to be, and that makes me feel a bit scared about the fact that this guy could be hired by theymos to create topics here and there to get more attention or make it look like there is interest.
Look at how many topics there are in bitcointalk, there is really not that much, back in the day we had few new topics every single day, now we are lucky if we have one. Maybe that's why he was hired? I do not know the reason to be honest but it never really made sense to me.
I highly doubt that the richest people all over the world are preparing diligently for economic crashes since they won't be affected that much if it ever happens. And come to think of it, these rich people may not really care about this industry and are just here for something new and fun which is why they invest. I won't be surprised if manipulation on market prices ever occurred in the future because if the rich people want it, then they can take it or make it happen. I guess they wanna have fun and all by testing new waters. (nothing but a conspiracy theory of mine)
Don't take this guy's threads seriously. Every single thread this guy starts is just made up nonsense. He never posts any sources or anything to back up the claims, just posts things without the slightest regard for reality. It's crazy that people give them any attention at all.
I highly doubt that the richest people all over the world are preparing diligently for economic crashes since they won't be affected that much if it ever happens. And come to think of it, these rich people may not really care about this industry and are just here for something new and fun which is why they invest. I won't be surprised if manipulation on market prices ever occurred in the future because if the rich people want it, then they can take it or make it happen. I guess they wanna have fun and all by testing new waters. (nothing but a conspiracy theory of mine)
Richest people getting ready for economic crash.
As many instutions and banks going in crypto so they selling crypto to people to average people before crash to buy assets cheap.
Becouse when alot middle class and poor people start buying it means crash is near.
As many instutions and banks going in crypto so they selling crypto to people to average people before crash to buy assets cheap.
Becouse when alot middle class and poor people start buying it means crash is near.
I read an article a few months back that looked at asset allocation of the richest families in USA and found that on average the richest families where selling stocks and bonds and switching into Cash. That is definitely a strong believe towards another crash coming. I think switching some assets out of high risk positions into cash and crypto currencies could be a good idea. Holding cryptos is already a good preparation for the next crash.
By the way, the fact that large business structures have now begun to invest in cryptocurrency may be one of the ways to prepare for the upcoming economic crisis.
The richest person is really smart at these things and they know how they could earn and get profit from buying bitcoin.
He simply knows how to deal with business, once he shows interest he's
followers are also showing the same, he's good in taking out money to whatever
venue he's chooses to work with. It's very important to have a good set back plans
as rich people continue to collect money while those who are already poor keeps
having more problem as they don't have enough resources to continue and survive.
Obviously the rich think about the fact that a catastrophe of a world currency fall could occur, some have already taken forecasts, they have bought Physical Gold, Digital Gold, they have diversified in Real Estate, and many investors who have always invested in the Stock Market and in Gold they have massively migrated to Bitcoin.
Of course, there are many programs, documentaries that predict a global decline in the economy, especially between 2020-2021, they still continue, they believe that the fall will be much greater than that of 2008 and the entire crisis created by mortgage bonds, if it is so it will be very strong, it is always good to diversify into assets that will remain despite.
Everything that is taken as preventive measures so as not to be left empty-handed, I am in favor that apart from all diversification, you have to have cash, it is not known how serious a possible fall could be.
Of course, there are many programs, documentaries that predict a global decline in the economy, especially between 2020-2021, they still continue, they believe that the fall will be much greater than that of 2008 and the entire crisis created by mortgage bonds, if it is so it will be very strong, it is always good to diversify into assets that will remain despite.
Everything that is taken as preventive measures so as not to be left empty-handed, I am in favor that apart from all diversification, you have to have cash, it is not known how serious a possible fall could be.
I agree, cash is a necessity, but I want to add to this one thing. Because of economic crash, cash can start losing its purchasing power very quickly, so it's impossible to stock up enough cash for, say, next 10 years. What's enough today might not be enough in the future.
Regarding the "upcoming economic crisis", I recall watching a documentary where economists were saying that, historically speaking, every next global economic crisis was dealt with easier/better than any previous one. I believe them.
There's no hard thing about the economic crash for the richest people, they don't even buy bitcoin just of thinking for the future about the economic crash, it is just for investment and trying what bitcoin could go so far. They are just making fun of the market, only poor people will suffer if an economic crash happens because they don't have something to buy for their needs in daily lives.
There is a really different mindset between rich people and poor people, the rich have a great advantage when disaster happens and they will take every opportunity to still earn money. Just like what just happened when the pandemic started, a lot of poor people suffered because of it, some lost their job and faced different problems, which is different from the mindset of rich people, with the situation we had (pandemic) they have thought of creating some business and take this as an opportunity like buying to direct supplier of the mask and sell it to the normal customer. The richest person is really smart at these things and they know how they could earn and get profit from buying bitcoin.
There is a really different mindset between rich people and poor people, the rich have a great advantage when disaster happens and they will take every opportunity to still earn money. Just like what just happened when the pandemic started, a lot of poor people suffered because of it, some lost their job and faced different problems, which is different from the mindset of rich people, with the situation we had (pandemic) they have thought of creating some business and take this as an opportunity like buying to direct supplier of the mask and sell it to the normal customer. The richest person is really smart at these things and they know how they could earn and get profit from buying bitcoin.
That is the way it has always been, I remember reading a book long time ago and one of the recommendations it gave to young people was to not spend your money in dumb stuff and instead save it, and then wait for one of those opportunities that only appears once every decade, if you do that then you can earn a lot of money relatively quickly, but most people never follow that advice and have no savings so they cannot take advantage of opportunities like buying bitcoin or some assets when the economy is crashing.
When you are still young your mindsets are different.
You always aiming to enjoy and live a life you wanted to have,those advise from financial people are being ignored but when you already coming to age and you start planning your life, then you realize that what if you start things in a much earlier stage, you have time that's the reality, any crashed happened will bring good opportunites when you have enough spare to use.
Obviously the rich think about the fact that a catastrophe of a world currency fall could occur, some have already taken forecasts, they have bought Physical Gold, Digital Gold, they have diversified in Real Estate, and many investors who have always invested in the Stock Market and in Gold they have massively migrated to Bitcoin.
Of course, there are many programs, documentaries that predict a global decline in the economy, especially between 2020-2021, they still continue, they believe that the fall will be much greater than that of 2008 and the entire crisis created by mortgage bonds, if it is so it will be very strong, it is always good to diversify into assets that will remain despite.
Everything that is taken as preventive measures so as not to be left empty-handed, I am in favor that apart from all diversification, you have to have cash, it is not known how serious a possible fall could be.
Of course, there are many programs, documentaries that predict a global decline in the economy, especially between 2020-2021, they still continue, they believe that the fall will be much greater than that of 2008 and the entire crisis created by mortgage bonds, if it is so it will be very strong, it is always good to diversify into assets that will remain despite.
Everything that is taken as preventive measures so as not to be left empty-handed, I am in favor that apart from all diversification, you have to have cash, it is not known how serious a possible fall could be.
Enough "airy idea". Countries print money, the richest sell the cue ball for FIAT to increase their stocks of unsecured cut paper? Why can't they buy assets with the paper they have? Or maybe they want to infect everyone through bitcoin with a virus, and Bill Gates rules this? And for the virus to take root better, they also build 6G mobile networks! Sorry - but the thought is very similar to the "world conspiracy" 
Yeah! "World's conspiracy" is very intriguing and breathtaking flight of fantasy! Some even rumored that Starlink provides quick Internet directly from the lower atmosphere to track people who are already chipped with the Covid-19 vaccine. 
That why I am neither surprised. Definitely there could be some governments trying to find an inner path to other nations secrets and all that, but it is not that "secret" anymore neither, we know nations sends agents to uncover stuff, that is what KGB was that is what CIA/FBI or whatever, MI6 and so forth all those places did, that is the only thing we do not know and just learn decades later, aside from that life is just as you know without any secret agenda, a vaccine is just a vaccine, a mobile phone is just a mobile phone, nobody tries to control you, and you can prove that by doing anything you want, whatever it is, and if you can that means you are not controlled.
Economic crashes always benefit the rich, because those who have a lot of money can buy a variety of assets at low prices when economic crash.
Like cryptocurrencies, many rich people can manipulate cryptocurrency prices. In order for the crypto price to crash and the rich will buy at a cheap
price, like now the price of Bitcoin is dropping, making the rich benefit. Rich people are always ready in any condition, because having a lot of
money is indeed powerful.
That is the way it has always been, I remember reading a book long time ago and one of the recommendations it gave to young people was to not spend your money in dumb stuff and instead save it, and then wait for one of those opportunities that only appears once every decade, if you do that then you can earn a lot of money relatively quickly, but most people never follow that advice and have no savings so they cannot take advantage of opportunities like buying bitcoin or some assets when the economy is crashing.Like cryptocurrencies, many rich people can manipulate cryptocurrency prices. In order for the crypto price to crash and the rich will buy at a cheap
price, like now the price of Bitcoin is dropping, making the rich benefit. Rich people are always ready in any condition, because having a lot of
money is indeed powerful.
When you are still young your mindsets are different.
You always aiming to enjoy and live a life you wanted to have,those advise from financial people are being ignored but when you already coming to age and you start planning your life, then you realize that what if you start things in a much earlier stage, you have time that's the reality, any crashed happened will bring good opportunites when you have enough spare to use.
Richest people getting ready for economic crash.
As many instutions and banks going in crypto so they selling crypto to people to average people before crash to buy assets cheap.
Becouse when alot middle class and poor people start buying it means crash is near.
Why for more than half month you seems like silent ? where is the post here and there about Fud and drama with your Buddy ?As many instutions and banks going in crypto so they selling crypto to people to average people before crash to buy assets cheap.
Becouse when alot middle class and poor people start buying it means crash is near.
are you already Banned from the forum? sad but that's much better for the community because too much drama coming from you two.
Many rich people buy bitcoin to inflate the price of bitcoin but if they do not know how to use it properly they will face economic disaster. Bitcoin is not comparable to gold and silver no matter how rich you are you need to know how to invest in digital currency and stock market companies however, many rich people have been able to overcome their economic woes by investing in bitcoin. Despite the economic downturn the high value of bitcoin has created opportunities for citizens to develop its power technology is constantly changing our lives.
What does it mean about right using ? lol People don't need to use it now because the price of bitcoin is increasing by Holding more and more .though circulation is a must for this crypto to prove its Usage and not just a store value.
Economic crashes always benefit the rich, because those who have a lot of money can buy a variety of assets at low prices when economic crash.
Like cryptocurrencies, many rich people can manipulate cryptocurrency prices. In order for the crypto price to crash and the rich will buy at a cheap
price, like now the price of Bitcoin is dropping, making the rich benefit. Rich people are always ready in any condition, because having a lot of
money is indeed powerful.
Like cryptocurrencies, many rich people can manipulate cryptocurrency prices. In order for the crypto price to crash and the rich will buy at a cheap
price, like now the price of Bitcoin is dropping, making the rich benefit. Rich people are always ready in any condition, because having a lot of
money is indeed powerful.
You forgot one thing, the more you have the more you can lose! Economic crashes benefit only the ones who create them, and they create it for one purpose, to oppose control and to change some players! So big players fall, and some of them fall hard! It's the thing with flying, the higher you go, the harder fall it is! So don't be fooled by the power of money, it's not so powerful if you don't know what you are doing!
When the economic crash happens many get a hit! Many never recover from that hit! In the end, when you don't have much you can't lose a lot...it doesn't hurt as when rich ones lose everything they have, that can hurt a lot!
Having a lot of money can be a mistake if you are holding the wrong currency! It's why people who diversify have more luck to survive!
Economic crashes always benefit the rich, because those who have a lot of money can buy a variety of assets at low prices when economic crash.
Like cryptocurrencies, many rich people can manipulate cryptocurrency prices. In order for the crypto price to crash and the rich will buy at a cheap
price, like now the price of Bitcoin is dropping, making the rich benefit. Rich people are always ready in any condition, because having a lot of
money is indeed powerful.
That is the way it has always been, I remember reading a book long time ago and one of the recommendations it gave to young people was to not spend your money in dumb stuff and instead save it, and then wait for one of those opportunities that only appears once every decade, if you do that then you can earn a lot of money relatively quickly, but most people never follow that advice and have no savings so they cannot take advantage of opportunities like buying bitcoin or some assets when the economy is crashing. Like cryptocurrencies, many rich people can manipulate cryptocurrency prices. In order for the crypto price to crash and the rich will buy at a cheap
price, like now the price of Bitcoin is dropping, making the rich benefit. Rich people are always ready in any condition, because having a lot of
money is indeed powerful.
Economic crashes always benefit the rich, because those who have a lot of money can buy a variety of assets at low prices when economic crash.
Like cryptocurrencies, many rich people can manipulate cryptocurrency prices. In order for the crypto price to crash and the rich will buy at a cheap
price, like now the price of Bitcoin is dropping, making the rich benefit. Rich people are always ready in any condition, because having a lot of
money is indeed powerful.
Like cryptocurrencies, many rich people can manipulate cryptocurrency prices. In order for the crypto price to crash and the rich will buy at a cheap
price, like now the price of Bitcoin is dropping, making the rich benefit. Rich people are always ready in any condition, because having a lot of
money is indeed powerful.
Many rich people buy bitcoin to inflate the price of bitcoin but if they do not know how to use it properly they will face economic disaster. Bitcoin is not comparable to gold and silver no matter how rich you are you need to know how to invest in digital currency and stock market companies however, many rich people have been able to overcome their economic woes by investing in bitcoin. Despite the economic downturn the high value of bitcoin has created opportunities for citizens to develop its power technology is constantly changing our lives.
Enough "airy idea". Countries print money, the richest sell the cue ball for FIAT to increase their stocks of unsecured cut paper? Why can't they buy assets with the paper they have? Or maybe they want to infect everyone through bitcoin with a virus, and Bill Gates rules this? And for the virus to take root better, they also build 6G mobile networks! Sorry - but the thought is very similar to the "world conspiracy"
Yeah! "World's conspiracy" is very intriguing and breathtaking flight of fantasy! Some even rumored that Starlink provides quick Internet directly from the lower atmosphere to track people who are already chipped with the Covid-19 vaccine.
That why I am neither surprised. The way it is ! And from the soles, everyone will shine into the crown of the head with a special ray, so that everyone does everything as it should, and do not do it as it should not! And also - foil will soon disappear from the sale, so that people cannot protect themselves with the help of foil hats! Take care of this secret!
The truly wealthy elite will never buy into "digital" assets, because they know in a economic collapse, those assets are worthless. They are the people who are buying physical Gold and Silver and also shares in companies that would survive. (Food / Medicine / Alcohol etc.)
Look at what happened yesterday... The big guns inflated the Bitcoin price, but they bought before this happened... then they start dumping and taking profit and the price goes down... giving them a opportunity to do it again. (Weak hands fold quickly)
The truly wealthy was ready for economic crash a long time ago and the businesses that they are investing in are on footholds to increase their influence when a collapse happens. Precious metals are just a way for them to curtail the possibility of being affected by the economic collapse, you know, like being able to prevent the collapse while it is still at its infancy. The rich knows how the market works and this manipulation is nothing new, this is what those investment companies have been doing in stock markets. Look at what happened yesterday... The big guns inflated the Bitcoin price, but they bought before this happened... then they start dumping and taking profit and the price goes down... giving them a opportunity to do it again. (Weak hands fold quickly)
Richest people getting ready for economic crash.
As many instutions and banks going in crypto so they selling crypto to people to average people before crash to buy assets cheap.
Becouse when alot middle class and poor people start buying it means crash is near.
As many instutions and banks going in crypto so they selling crypto to people to average people before crash to buy assets cheap.
Becouse when alot middle class and poor people start buying it means crash is near.
This is probably how it is. In the US, the dollar is printed in very large quantities, the same is done in Europe and probably in some other countries. All this threatens them with high inflation, which means there will be a collapse of production. Where to get so much free money? Of course, buy various assets on them, for example, cryptocurrencies. It is very likely that very soon, something will happen and it will be something bad. What should we do? I believe that we also need to try, if possible, to distribute our investments among different assets and closely monitor what is happening in the world.
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