Topic: Time to Invest and Hodl - Bitcoin, Silver, Gold, etc. (Read 255 times)

With this year's meteoric rise BTC is quickly becoming one of the world's largest assets and bitcoin investments continue to provide high financial benefits in the future. In terms of transactions bitcoin is far superior to gold. This is because bitcoin is a digital asset that is very easy to use everywhere for online payments or transactions. gold is a physical asset that cannot be used for payment or any other type of transaction especially online.

^^^ But if fiat DOES crash - a nuclear or solar EMP could do this - we can't even imagine what this would be like regarding simple living. Suddenly, no electronic transfers of any kind. Banks would have to re-learn how to use filing cabinets. Crypto would simply be gone. It might take as long as a year to get the power grid back up and running.

If we push Russia hard enough, they just might do it to us - although it would hurt them at the same time. And if we push God's buttons the wrong way - as we have been doing - He might do the solar one.

The point is, there would be freedom... at least for those who have the guns, silver junk coins, and gold coin for larger transactions. Local governments wouldn't know what to do; their authority would be diminished. People would have to live on their own ingenuity and conscience.


Moscow issues dire warning over US-Ukraine aid bill

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https://www.rt.com/russia/596341-moscow-warning-ukraine-aid-bill/
The approval of a large aid package for Ukraine by the US House of Representatives is the same as funding terrorism, according to Russian Foreign Ministry spokeswoman Maria Zakharova.

In a post on her Telegram channel on Saturday, Zakharova said that the potential allocation of further military assistance to Ukraine, Israel, and Taiwan would only aggravate the crisis in the world.

“Military aid to the Kiev regime is direct sponsorship of terrorist activities, funds sent to Taiwan is interference in the internal affairs of China, while aid sent to Israel is a straight way to unprecedented escalation of a conflict in the region,” she said.

On Saturday, the lower house of the US Congress passed a $95 billion package that includes almost $61 billion in aid to Ukraine, including funds for the purchase of weapons and military equipment. Most of the rest is allocated to Israel and Taiwan. The Senate is poised to vote on the bill on April 23 with final passage expected by the end of the week.

Washington is driving deeper into a hybrid war with Russia, Zakharova said in a separate statement issued by the Russian Foreign Ministry, adding that the US would end up facing a “loud and humiliating fiasco on a par with Vietnam or Afghanistan.”

READ MORE: Kiev deliberately targeting journalists – Kremlin
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There seems to be some confusion in comprehending the details as I didn't find any mention about fiat being replaced by cryptocurrency as that's never gonna happen since bitcoin and crypto has been created as an alternate and purely for P2P transfers. The thing about investing in gold and silver is not new which people have been doing for ages now.

I second your though that fiat will not go as there are lot of rumors and misguidance to create panic which is incorrect.

The book of Revelations at the end of the Bible is a difficult read. But one of the things that it indicates is that there is a money system in control of the world at the end times. This money system has converted everything in the world into monetary terms. It is so strong that it thinks that it can never die... or at least certain of its member leaders think this. Sounds to me like the USD around the world.

But it will fall in one hour. One hour in terms that the Bible uses doesn't necessarily mean a literal 60 minutes. What it DOES mean is that it will be fast once it starts. It could take a few months, or probably the 3 1/2 years that is so often spoken about in the end times.

The point is that the fiat system absolutely will crash. When? By the way Congress in the USA is 'printing' money to send around the world in wars, we might already be well into the 3 1/2 years.

The point for us little people is to invest in different areas - don't put all your eggs in one basket.

- fertile land with water/a-well
- Bitcoin
- gold
- silver - bags of junk silver coins if you are in the US
- learn to live off the land
- make friends with like-minded people

Anybody can add to this list. When the crash comes, it might cause standard communications to fail. Short wave radio might be a good idea.

I may not completely go with the idea of seeing that the fiat system completely crashes in the near future, though anything is bound to happen as the case may be, but come to think of it this way as well, they can both exist and bitcoin may be more of being relevant than fiat, now concerning the other assets of investments in the likes of gold, we can have them as alternative, which should serve as our second plan, while bitcoin the ultimate holding we will be making priority on.

^^^ But government IS pushing fiat to collapse, even if they don't realize it. How are they doing this? They are borrowing more fiat from the banking system, and sending some of it around the world.

How does this push fiat towards collapse? Because of one thing that people don't know about, and don't believe when they hear about it. Borrowing money from a bank or the banking system, is really a creation of new money.

Near the end of WW2, when Germany needed more money to fight the war, they printed more German Mark fiat. It didn't take long for this inflation to drop the value of the Mark. Finally, it seemed like it would take a wheelbarrow full of Marks just to buy a loaf of bread.

Because of the greed of the bankers and some of the people in government, the same creation of new fiat is happening today. While it is true that some of the bankers and government people remember what happened to the German Mark, and many financial people know all about what happened to the Argentine Peso at least twice in the last few decades, it seems that nobody can stop the greed of the fiat printers.

Fiat won't crash because of Bitcoin. It will crash because of greed and lack of understanding in people who control the printing of it.

Silver and gold is well known in many societie, for people to use as a business that will be bringing them profit, and it has reduced many people not to save plenty money in the bank because is not bring any increase to their money in the bank like the way silver and gold is increasing their customers profits.

BTC is another decentralized currency, that is dominating in the whole world to make people to know that there are some transactions that didn't involve 3rd party in the transaction, and the transaction will be successful like the way other Fiat money transactions involved  in 3rd party before it will be successful.

If anybody is telling you that fiat money will crash because of BTC, I don't think so because fiat money is be control by the government, and government will not allow what is giving them profits to crash because decentralized currency.

even though there are several factors that could destroy the price of bitcoin, i think the electricity problem like you said is very unlikely to happen. i know it's just sarcasm, because it's impossible for the electricity grid collapse to happen, and if that happens, not only bitcoin will be threatened, but also gold and silver since world trade will be disrupted.

but i agree that even though their performance is inferior to bitcoin, gold and silver, so far they are assets that have potential to be used and moreover their value is more stable than bitcoin, so investing in them is also quite a good thing (even though bitcoin better).

If this is real, then we are lucky to accumulate bitcoins and also some real state properties especially agricultural land, with the climate change going on, extravagance things are not essential anymore. we need to secure our food and homes to live a life far from struggles. Those who live in the cities who don't use their money to accumulate those things as much as they can will suffer more than those who reside in the countryside which foods are not problems for them. That's why they make their own safe and secure homes those who live in the cities, can watch the show Doomsday prepared to understand more about it because the chance of doomsday is becoming real nowadays.

Investment is the best means of wealth creation now because it is a form of securing the future financial needs because imagine living happily when you are young and living a retched life while getting old and it is not only about making investments but investing on promising assets that will last for a long time of which investing on Bitcoin is the sure way to go because it has a promising future.

In this 21st century we found ourselves, we need to understand that due to inflation and other unforseen circumstances, the fiat is more likely to lose more value and it's definitely going to be a pain in the ass in most people that saves money in fiat,  that's why almost all intelligent investor this days are saving money in anything that appreciate in value overtime, something like Bitcoin, gold, real estate, diamond, stocks and land .

So to me, just as the op has rightfully said, now is the best time to accumulate appreciating asset like Bitcoin, gold, land, diamond because time is coming where one million dollars will just be as equivalent to hundred thousand dollars in value, because inflation is really hitting the fiat really hard, and really quick, so it's best we utilize this opportunity we have now, by holding our money in anything that appreciate in value overtime, because that's is the best way secure generational wealth.

Exactly. And there are a lot of other reasons why Bitcoin wouldn't be so good... like a potential crash of the electrical grid.

Bitcoin was something that made people aware of their options for trading without banks. But it isn't the final answer. Look at the 'junk coin' idea in post #8 in this thread. You can buy bags of old silver coins from many coin dealers. But find a trustworthy dealer.

Bitcoin and the altcoins are simply a method to do business around the banking system while fiat still exists. They are for investing and other things. But without the banking fiat system, none of them are really the answer right now. They simply aren't popular enough with the general public.

In other words, hold crypto until the bank failure drives it to a good enough price that you can buy land and gold and silver. If the fiat crash is slow enough, Bitcoin might go to a $million. Buy silver that you can hold, and buy land with water on it, and secure your ownership in the best way you can think of.

Check the video in post #5 of this thread to see why fiat will be crashing... at least partially.

Also, use your head. Land, and G and S, are only standard, common investments that can save you a bunch of headaches if fiat currency is not available. But even if it is available, crypto is very speculative. Remember, Bitcoin made it to the $65,000 range twice in the past, and then dumped back down to significantly under $20,000 both times. Nobody knows the future.

If they removed or stopped fiat currencies in the world which of the digital currency do you think will replace fiat currencies in the world. And if you are thinking of bitcoin to replace fiat currencies then you are doing a very big mistake because that can't happen. How many of us in this forum have used bitcoin to buy food items or other clothing items in the world and those are the basic things we normally buy with Fiat currency. And the transaction fee of bitcoin is too high for business transaction.

And that is one of the core reasons of bitcoin creation but it has been abandoned to the ocean.

More reasons - actually, a load of them - to get into something other than fiat. What will make this powerful is that not many people will do this. So, when the crash comes, those who have hodled outside of fiat will be riding at the top.


Gold's "Catapult Has Been Built; Silver's is Next"

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https://www.zerohedge.com/news/2024-04-19/golds-catapult-has-been-built-silvers-next#google_vignette
The time has come to cite the many reasons why Gold has risen, and why Gold will continue to launch to much higher levels. The USGovt debt and USTreasury Bond default, in my opinion, deserve the lead factors along with powerful price inflation. These factors are not featured in the press. The Jackass has stated for the last five years, to impatient clients and frustrated colleagues, that the Gold price will not break above the $2000 mark with momentum in a sustained manner until the USGovt debt is widely perceived to be on a crash course toward default. WE ARE THERE, as even the prestigious St Louis Fed has publicly gone on record to call the USGovt debt as unsustainable. The picture of default is being painted.

Growing perception of USGovt debt default and USTreasury Bond default. The $34 trillion debt will never be repaid. The borrowing costs are over $1.2 trillion annualized.

Growing perception of monetized USGovt debt and monetized USTBond refunding. A severe shortage of foreign bond investors has become an acute problem.

Growing perception of constant status for higher price inflation. The actual CPI is at least 5% to 6% higher than reported.

Growing trend of grand wealth transfer, from USTreasurys to Gold in banking systems. This phenomenon is an historic factor, seen once per century.

Growing trend by bank depositors to remove funds from banking system, and to invest in the more stable Gold. Individual account holders are very worried.

Progress with BRICS nations in creating non-USD payment systems, which results in heavy volume of USTreasury Bond sales. They are all de-Dollarizing to remove risk.

Growing resentment by victims of Dollar Weaponization, to avoid the USDollar in favor of Gold for trade payments and reserves management. The USGovt has weaponized the USD and attacked any nation operating to the contrary.

Hidden agenda by Western central banks to escape grotesque insolvency by investing heavily in Gold, then sending price to $3000, then $5000, then $10,000. Former BIS Chairman Zijlstra outlined this plan in the 1990 decade. In fact, the USFed has handed the USDept Treasury a ripe $120 billion loss from its Balance Sheet. It is insolvent.
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A simple EMP nuclear explosion 300 miles up, would almost entirely destroy the power grid in the US. Russia could do this any minute, but they don't, because it would wreck their own economy if the US fell. But Bitcoin would just about entirely be disrupted if they did.

Probably in the US, junk coins from 1964 and before, because they had silver in them, would be a really good investment in the States... for the people. Why? Because they would have their silver content value, but they could be spent at the store in a pinch.

The point is that there are lots of things to think about. Personally, I think that God is set to just about destroy the US. Why? Because He is available to the people in the Bible, but the people have killed over 60 million babies in abortions by now.

Take a look at the grass out in the yard. There are countless blades of grass. God didn't make only one of anything. And He doesn't like it when people kill their children off - children that He gave them to be a blessing for them - for convenience or pleasure.





EDIT: Reliable Investments

I don't quite understand yet how someone from the United States could bet on the collapse of their own currency while keeping in mind the resilience of the American economy to face economical crisis, like those seen in the depression and also back in the year of 2008.
Sure, the irresponsible emotion of debt and printing of money is a problem for any national economy which wants to keep their macro-economics in a healthy state, but I believe the United States have advantages which not other country in the planet has.
For example, the USA can sell debt almost at a place which seems to be infinite, since it is regarded as being one of the most savest borrowers in the market, that gives the country access to much money which can be used to fund their national programs.
No other country can ask for money in such a way and get it.

Also, the BRICS is still very far from being a threat to the hegemony of the USA dollar, the block is formed by very heterogenous nations with different national priorities. Even two of the major members (India and China) have been having territorial disputes other their common northern border, to the point of also mos getting violence because of it.

People underestimate the flexibility of the Fed and the USA. Still, I agree it is never too late to get some satoshis or precious metals (if you are into those as well). Diversification is never bad.

For me, and my own opinion, the fiat currency will never crash and don’t think crypto currency will replace fiat. Many people have said this, many times without number, and we still see more but the fact is that it will no happen. The only think you can say is that we people who are willing to invest can do that now, because Bitcoin will increase in value over time and the time is almost here, the time that we will see people hunting for bitcoin investment even those who talk bad at it before is almost here already.

So, I still don’t believe that the fiat is about to crash, because this is the currency that people have been using for over decade now, and now suddenly because we have digital currency we think it will go? NO.

^^^ The other side of that idea is, Bitcoin has reach about the $65,000 mark twice in the past, and has dumped way down to under $20,000. Will it happen again? Perhaps not. But there are so many things happening that might destroy Bitcoin - war, with a collapse of the electrical grid - that gold and silver might be a very good idea, if you are actually holding it, that is.

Currently gold and silver are controlled by the way the banking system works. But BRICS might cause the banking system to die. Then G and S will be as important as they always have been. In addition, if you look for it, you can see that the banking system is buying up gold and silver in great quantities. China has been doing this for decades. What do they know that we don't?

BRICS Nations Break Cabal's Hold on Precious Metal Prices... a BIG Shift Coming w/ Dr. Kirk Elliott - https://banned.video/watch?id=66226d72886e90a0d9d6b45d.

Now is definitely the time to invest in Bitcoin, realistically you should have been doing so for many years but if you weren’t able to then now is the best time to. I will pass on the silver & good though, their returns have been quite pathetic for two decades now. Bitcoin is the best option in all ways.

^^^ The danger in printing money has to do with the amount to print. There are all kinds of charts and graphs that show what will happen when this or that amount of money is printed. The difficulty is that some of the charts and graphs show exactly the opposite results, off the same info. Possibly this can be overcome by AI being handed enough accurate info that in can predict accurately.

In America there is inflation that is hurting a lot of people. The inflation comes from the 'printed' money that was introduced into the system through money sent to Ukraine and elsewhere around the world. The reason for sending it is to stop the expansion of BRICS. But, it's very hard to control what other nations do, especially when they are industrialized nations like Russia and much of China.

The printing of money in the US is changing its economy. Since this amount of printing hasn't been done before, and since it is printing that is mostly on the balance sheets and ledgers rather than literal printing, the results are uncertain. Personally, I think that the Fed banking system, and her sister systems around the world, have goofed. Personally, I think that they have already collapsed themselves, even though it isn't showing up in a big way yet.