Topic: Take shelter, a storm is coming in October. (Read 1013 times)

It was as always, a very worse situation to some people and not such a big deal for others. I personally never found this to be a scary situation, but I do find it something that does impact the market. Even though we haven't seen a doom, we have seen people who waited for the doom, and that does change the market a bit, prevents a big increase for example, even if it doesn't crash.

That’s why I believe that we shouldn't really be worried about any doomsday, but as long as people are expecting a doom, we should also not expect for a huge increase at the same time neither. It just stays.. like straight up stays the where it is and that’s not really exciting neither.

True pandemic had been a huge test for all of us.  Many have lost their jobs, many businesses had shut down and the emotional terror it brings to all of us made us afraid to go out in crowds.  Then when everything is going normal, then war between Russia and Ukraine erupts making it more difficult for us since the price of basic needs skyrocketed while we are still recovering from the pandemic.

---

OT

Btw, here in the Philippines, we are really literally forced to take shelter this October because lots of strong storms visited us this October. 

The state said that the financial condition was very difficult, many state debts had not been paid and the impact was increasingly difficult for the cost of living, now for treatment in health services you have to pay because the state only pays for certain types of diseases.

My country lives in a situation similar to yours. The Ukrainian crisis came to add to our suffering in a poor economy. Most of the products are missing and the quantities of storage for supplies are not enough for more than a week. This is what caused a stifling social crisis. The state was forced to borrow from the International Monetary Fund in return for abiding by unfair conditions, including lifting subsidies on basic materials, freezing recruitment and wages in the public services, in addition to laying off a large number of employees. We are waiting for a case of congestion expected during the current month of November.

November will be much harsher as war intensifies, grain contracts are suspended, which will push us into the same food shortages as previous months and is likely to push inflation even higher. The Fed will announce rates tonight and we could very well see bloodshed in financial markets once again. October went by without major events but November and December will be really difficult for us. We have a lot of events in the last 2 months of this year, take shelter, the storm is still raging.

October there was a storm of inflation that made the prices of daily necessities continue to rise, in my country the current economic condition is very difficult because of many things, such as weather or climate conditions that are difficult to predict so that farmers fail to harvest and make commodity prices skyrocket, even many foodstuffs currently have to be imported from another country.

You see this is where you got everything wrong
First, I will raid a shop for sunflower oil for the engines, then I need a ton of wood for the structure, don't know where I will get this since Europe has cut all its forests for heating and it takes 4000 years according to some to replace it, then, need to pack a ton of molded bread since that's all we can afford, and then, with the plane being a decoy for the Illuminati and I will paddle in my tinfoil boat to Salvador!

No seriously, what do you*(^{general question, not addressed specifically to you})  get from always thinking the worse will come?
Instead of being optimistic, seeing how life is full of fun moments, making everything of every second should I have spent all these years since 2009 in a cave knowing the debt crisis will destroy the world, then the Eu will split into 1000 pieces, then covid will kills us all, only to grow old and look back and see half of my life was gone thinking how I'm going to suffer?
Probably this is the only good thing I've got from my farmer's bloodline since obviously, I didn't get to ride a fire-spitting donkey, the trust in a new year coming after this one, a cycle that never ends no matter what humans do, no matter what happens there will be a new beginning in spring and a new year.


Weird, I see that every market (that counts) ended up higher than it started in October, so can you show me this "downward" trend you're talking about?






 

In the end, October was not as bad as it might have seemed in the first days of the month, but there is nothing to get excited about either. We have high inflation, forecasts of power outages in winter and the war is doing more and more damage. The euro has lost 15% of its value against the dollar,

Big falls in the stock market occurred in October but in this one, within the downward trend, it was not a disaster, although I don't think the situation is for many joys either.

I am not surprised about stompix, as he has been an optimist for long, even since high inflation started a few years ago, before the war. If the EU starts to grow 3% and inflation goes down to 2% I don't know what he will do, build a paper airplane with that toilet paper and fly away, I guess.

I have felt an inflation storm since the last 3 years because of the pandemic and made some of the business units that I have, namely the restaurant and daily house rental, even I have to stop 4 employees and now a lot of free time so I return to the internet to look for business opportunities the trend.

It is uncertain how long this will last for this year, Inflation may not have an overall impact in the short term, although the effect of inflation does play a role in the exchange rate and this will at least last until the end of the year, if the rally storm has not found a recovery, the annual cycle will not seen at all until now, if you look at the condition of ATH last year.
We expect this storm to last until the end of the year, although finding a recovery, it will not reach the next ATH for the year.

November 1st on the calendar... Did I miss something? Where did it storm? Who got hit by the storm? What terrible / creepy / unexpected happened?
The only thing that can be seen, according to some fluctuations, is fraud in the oil and gas market. Although .... oil after the March and June peaks fell to the bottom ... Gas, after the August peak, also fell by 1/3 in price. Now some "personalities" of course are trying to spoil the whole world and are trying to undermine the price. But this is unlikely to give a result.
Europe is ready for winter, there are gas reserves, supplies have already been replaced by 75% with stable supplies from adequate suppliers.
Everything else is a temporary consequence of a terrorist war unleashed by a terrorist country against virtually the entire world. Nothing, and it will pass with the disappearance of the terrorist regime and the country

The storm is indeed getting faster since October, of course this is the impact of the condition of inflation that continues to occur, and the exchange rate with USD decreases, but we must be optimistic that the future will improve, the thing we can do is by active and continue to utilize the existing resources .

I don't think this month's increase is a sign that the market is going for a bigger bull run, because the level of Bitcoin's price increase this month is still not too far from the $20K price and it's also still very close to its lowest price this year in Bitcoins. So a bigger increase in my opinion is still not happening for Bitcoin although I also expect that Bitcoin can be at $30K before the new year.

Yes, everyone should think in a logical as well as realistic direction because there is currently no bigger improvement in the market and what has happened this month is a very small improvement in Bitcoin, so everyone shouldn't be as happy as it should be. expected is a bigger improvement from now.

Basically we all want that to happen but I think we also need to be realistic,
with market conditions to date I don't see that will happen,
but again we never know what will happen in the future because the crypto market is difficult to predict

Seeling perfect condition October meltdown shelter:


* Image for illustration purpose only

Perfect condition, not once used, it's made out of enough toilet paper to last a life, it's fully isolated from good news with high-quality tinfoil, on request and on an extra change we can add Saylor laser eyes illumination, posters with the petrodollars in flames, and of course our customers favorite Bukake (not a typo) perfumed candles.

Disclaimer:
It's an October shelter so we don't guarantee survivability in November
Although it's an October-designed shelter it might not work in 2023

Since it's a shitty build we only offer purchases in shitcoins, price for a full equipped shelter is 100 UST (terra),  shipping is not included.

So, is anyone coming out of their shelters or do you still wait till 23:59 before giving up another doomsday that never came?

In 2021 then fantastic increases began in October, and we can see today the market rising and returning to $ 20k after almost 3 weeks prices below $ 20k, hopefully this is a sign that the market can rise or at least be able to return to the $ 35k .

A bad result can get off to a good start. It is necessary to look at the developing events from this point of view. While these are happening, there are opportunities, maybe we can catch one or two opportunities. In such cases, if you have no idea, taking control of your capital, paying attention to your spending and accumulating various assets will keep you alive at the end of these incidents

mental preparation is certain, but financial preparation from an early age is preferred because we do not know how long this crisis will continue.
In my country, many crimes have occurred because of this crisis, and many companies have laid off their employees because they cannot pay their wages.
Even though it's just a prediction, it's a good idea to always be aware of the current economic crisis

Tensions from left and right is going to cause huge detriments in the future not only of cryptocurrency but of mankind, especially as we're steering towards what could be the one of if not the worst wars in the history of mankind. Then again, October has come and gone and there seems to be little to no progress in the aforementioned issues, except Credit Suisse who's continuously tanking amidst the scandals and is now becoming a meme stock which says a lot from a well-established financial firm as CS.

Everything has a beginning and an end, and not only "... isms"
But it would be more correct to say that the more competitive ones are being transformed and rebuilt to the changing reality. The same capitalism has already gone through several transformations, and the capitalism of the 1700th century is very different from the capitalism of the 21st century. It will also continue to happen - "reasonable and adaptive" will survive through transformation, but concepts or idiologies, with idiotic goals, methods - will fall apart without transformation. Well, or either with a sort of evolution, but with "genetic defects" that will also lead to the collapse of the ideology. Well, or quite simply - evolutionary mechanisms work in relation to the economic system