Topic: The truth about economy and crash (Read 162 times)

Basic is that the rich investing is not to benefit the poor directly, they want to increase there wealth for the benefit of their families, friends and cronies. When they invest , it is just the few among the poor that are close to the high rank people can get part of the benefit. Rich guys will grow their income steadily to acquire more both from getting loans from government. It is not a fair place, the world does not distribute wealth equally.

The opportunity is here for the poor to be part of this good news,if only they can take a step to invest on bitcoin because the price has dropped down to $28k. I think, those big guys in town took their step some years ago to invested a huge amount of capital on bitcoin that they are enjoying today in the community. Buy bitcoin now so that you will become rich in the future when the price increase higher in the market.

I don't mean hunger because the economy is in a slump so that you can't buy food and that reason is the joint duty of the government and society (the rich) to help how the economy grows by providing financial assistance or creating jobs so that they can grow and their needs are met.
what I mean is hunger where rich and poor there is no difference because of the difficulty of access to food and this we meet when a country is in conflict

What are you talking no one can feel hunger in this day ? There is hunger in the land because the economy of many countries have crashed. The last five years has seen more crash in the economy than you think, maybe you are feeding probably and your family is okay with you. The covid-19 pandemic is a good example of the troubles in the economy that has affected people economically and movement to search for daily bread through resistance of movement. This is a real serious situation that drain the finance of many household.

Of course whales and institutional investors want to see the market in fear and despair, because that is how they acquire cheap coins and make huge profit over others' innocence, ignorance and fragile emotions. That is why investors shouldn't sell their bitcoins during times like this. Just keep holding, because you never know when those whales are going to feed crypto market with their money again to boost prices upside.

On the other hand, bad news regards war, hunger and poverty aren't inventions. It is actually the reality of some places in the world and they shouldn't be neglected or ignored, otherwise they can become a pandemic just like covid did and knocking at our doors at some point...

Well, this is a rather selfish perspective but if it can help put your mind at ease then I don't really think I can do anything about that. The issue at hand may or may not reach you in your lifetime, but it is for a fact that it's happening. I don't think your current perspective in life is enough to deny what's a fact that's happening in the world.

I honestly don't think it's going to help OP understand the issue really. OP's perspective is kind of like if it's not my problem, then it isn't really a problem at all kind of mentality. It's a shty one, but you can't deny that some people indeed do have this kind of perspective in life. In some sense though, having that kind of perspective just shows how one can be ignorant to the matters at hand.

no one can feel hunger in this day and age unless we live in the middle of a protracted conflict where money is meaningless.
for those who are rich investing in a bitcoin is a valuable garden for those who are easy to do but for those who are in conflict bitcoin will only be a garden that is difficult to harvest the fruit

The legacy type of people will be the ones that end up being richer than everyone else. Because, those are the people who are looking at it so long term that they are not even including themselves. Imagine a scenario where you are holding a thing until you die, and telling your kids to keep holding it, and imagine how long that is.

For most people that is at least 50+ years. We have seen what bitcoin has achieved in 10 years so far, so if you hold it for another 50+ years, it is obvious that it is going to worth so much, it will be a rare metal type of very valuable thing. This is why people who are willing to hold and never sell even until they die, will be the real rich people.

Do you see yourself in conflict? Let's honestly admit and don't just deny what's going on in this life. Developments in this earth's society are warning us that food and scarcity problems will soon be exposed. Perhaps you are looking for a luxurious location in a beautiful setting. Social conditions are sufficient if they can pay more, but is the life balance always so good?
Your own personal view and you are only satisfied with yourself if you are qualified, but can you help and share with those around you? Look at the conditions to go there, and you will lead the entire humanity out of poverty, the current epidemic, or fight. Don't be complacent when you yourself have a good life that you are thinking. Things are still happening and not everyone has enough awareness to get out of the spiraling problems in society. Who will be able to help with this? It doesn't just come from individuals, but everyone should be grateful for the lives. The poor, the rich, are all concrete examples to let us see if life is going well or not . I myself have wasted many things in this life, even money, and I think it is like a tool to help us raise awareness, but it is never a goal need achieve. And now be prepared for the poverty that will come if people do not agree to overcome but keep their personal opinions.

Then that's good for you. You're in the stage of your life where you can enjoy your fortune. And that's the truth about the economy, there are people that live in abundance, and there go the others that are less fortunate with their living. As for the crash, it's not just all about the big guys. But it's also an entry for every investor that sees an opportunity on it. But, the only ones that sees opportunity on it at most times are the big ones, big money, big fund and greater return to them.

This is true. Those people who have the means to make their lives even better will definitely take the risk because they want to maintain the lifestyle that they currently have. They want to make a legacy and to make portfolios to pass on their generations and future bloodline so that they won't start from scratch. Most of the elites have this kind of mindset.

However, there are people that lack opportunity and resources to take a risk. It's really risky to risk, but it's also risky to not to because regrets might come your way. We have our different capabilities and I think we should start from it if that's the only way to get away from our comfort zone and start anew.

some of us have known this for a long time, but what can we do? ... we live in a world where the big prey on the small and live off their misery and we will not escape this vicious circle

I don't know if it can be considered a legitimate crash until assets can be bought up for pennies on the dollar.

And given our current circumstances where declines are caused by high fossil fuel prices and supply chain disruptions. Can we declare we have hit rock bottom, until after fossil fuel prices and supply chains show indications of stabilizing.

Disposable income and credit are also on steep declines, which makes it difficult to buy anything.




Was it the book "The Count of Monte Cristo" where they hold a man prisoner in a cell. And offer him food for huge sums of money, else he starves.

The problem with food shortages is, even if you have food to eat. Your neighbors may not. Foreign nations who border your own may not have food. It can trigger violence and instability. Which can burn out of control. Consuming everyone and everything. The way that World War I and II began as small conflicts until everyone became a part of it.

While Op is being kind of funny and playful, but there are lines of truth in Op.
I keep asking myself the kind of spirit that crypto has, I mean; this is the right time to enter the market and accumulate much coins, but only the big guys will be doing it. But whenever the bull starts again, wailers will join the market very late and when the big guys cash out, the market will dump on them. It is repeatedly but we never learnt the lessons. It is just the nature of crypto, that is the spirit. This same thing is the reason newbies fall victims of fake icos and projects, because it is the period of bull that all the projects will show up and it will be difficult to know which project is genuine or not.

Inflation is already killing the world, yes there won't be collapse of the economy because the government is ever ready to print more fiat.

Its easier to say then to counter this kind of situation. Am not denying some whales take crash as an opportunity and buy at low and store for bit profit but in the first place who are the responsible for crash ?? This is problem we have to think of first other matter comes next.
And as for the crash situation, We have to take every opportunity to save something for ourselves as backup in time of needs and take it easy for ourselves as it could pass sooner or later.

Considering the current inflation in the world and the amount of money printed every day by the governments, the financial markets are mostly profitable in long term no matter which one of them but there are some phases when the markets need to save some potential and rest to reach higher levels. Some people do not expect to see huge price falls because they expect to see always a bullish market while even a crash is necessary for the market because during this time some people will have to exit and leave the market because of having weak hands also some buy orders need to execute in lower levels, buy general if you have a long term investment plan even a market crash cannot be scary.

This is really true, whatever you are saying is absolutely what happens, first the Big Bulls make sure that people in the market are fearful, they will bring all their capital at that time and try to buy it when the weak hands are selling off, similarly they will try to sell when the weak hands are greedy and are trying to buy everything that is possible, this cycle never really stops. And all the media persons and content creators are either really paid to do this stuff or they are just copying it from someone who is paid to do this stuff.

The big guys have all the money to throw around to better their lives, invest and enjoy life so don't blame them. The risk in life is not to take risk. Some poor people have money enough to take risk in investing in bitcoin now but won't follow the big guys doing so to invest no matter small it is in fraction. Don't always blame the whale, a smart poor can take the opportunity to become rich also only if they can take the risk.

This is only valid for project with a clear white paper and Valuable assets be it Centralized or decentralized. Every time is a good time to stock the bag but the dip is the perfect opportunity every investor anticipates for. The bull will surely set in no long time but it's still not a guarantee yet investing with caution is still recommended but in the world of investment it's only risk takers that makes the difference

Crash is just short time situation to give opportunity to big guys to buy cheap and then back all up.
The media and youtube is full of fear mongers..
That economic crash and food shortages and war and else non sense
I tell you what you all are doomed...tricked nothing happens once big guys have got their bags full of btc stocks and real estate ...then we will see even bigger and more massive bull runs and economic prosperity

This fear and rumpurs will last long until big guys got their bags full just in one year everybody will forget about all the bad news what so ever and media will spread also good news and you are still poor you been waiting instead of fixing your own life and money situation...u been in fear waiting for war and food shortages....

There will be no food shortages only thing u should worry about is that you got no money and ways to make money enough to feel compfortble in any time

Food shortages?? Cmon...i go to nice places like london dubai moscow new york manhattan monte carlo or other good place ...i flash bank card or binance debit card and i eat what ever i want ...there would be never food shortages when im in dubai luxury hotel lol...illl eat big meal for break feast

Just people fix ur own life and u good

So you been tricked again and again