U prepared for great depresion or u want to be surprised?

sovie

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Quote from: South Park on August 12, 2022, 04:25:34 PM

Quote from: Sithara007 on August 09, 2022, 05:57:59 AM

If things go on like this, there is a real chance of recession occurring sometime by next year. I am making preparations by diversifying my investment assets. Most of my non-crypto assets are in equities and mutual funds, but recently I have purchased significant amounts of Gold ETF. A better option would be to purchase physical gold, but then it is not safe to keep these assets at home. I went through the recession of 2008-09, and that was during the early days of my career. So I have some previous experience with recession.

It is nice to see someone that is actually doing something to protect themselves, many people know that something is wrong and that things are about to get worse and yet the only thing they do is to talk about it but they never do anything, and in my opinion even if our options were limited it is important to do something to reduce the effects the coming crisis will have on us, because by the time the full force of the crisis hits us it will be too late to do anything.

I am prepared for a greater depressed and stressful days... at least nothing comes in handy for people around.
I will not being able to trust anyone after what has happened to me. The financial set back has made me a hard person all together.

South Park

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Quote from: Sithara007 on August 09, 2022, 05:57:59 AM

If things go on like this, there is a real chance of recession occurring sometime by next year. I am making preparations by diversifying my investment assets. Most of my non-crypto assets are in equities and mutual funds, but recently I have purchased significant amounts of Gold ETF. A better option would be to purchase physical gold, but then it is not safe to keep these assets at home. I went through the recession of 2008-09, and that was during the early days of my career. So I have some previous experience with recession.

It is nice to see someone that is actually doing something to protect themselves, many people know that something is wrong and that things are about to get worse and yet the only thing they do is to talk about it but they never do anything, and in my opinion even if our options were limited it is important to do something to reduce the effects the coming crisis will have on us, because by the time the full force of the crisis hits us it will be too late to do anything.

Sithara007

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If things go on like this, there is a real chance of recession occurring sometime by next year. I am making preparations by diversifying my investment assets. Most of my non-crypto assets are in equities and mutual funds, but recently I have purchased significant amounts of Gold ETF. A better option would be to purchase physical gold, but then it is not safe to keep these assets at home. I went through the recession of 2008-09, and that was during the early days of my career. So I have some previous experience with recession.

peter0425

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Quote from: monineklutak on August 06, 2022, 06:27:38 AM

Quote from: peter0425 on August 06, 2022, 01:05:12 AM

Quote from: Gozie51 on August 05, 2022, 04:53:38 PM

Quote from: Cryptock on August 05, 2022, 04:14:32 PM

I agree - and I am prepared for the great depression.
There is such a big mess that inflation has created - there is no end to end. Only stress and trouble - the life of a middle class person is horrible.

It gets to a point where the people can't hold back their emotions because they have been pushed to the war by the wrong policies of government that made world peace far from humanity and now it is affecting the poor because of the effects of inflation and no jobs. Depression is definitely coming in as scarcity becomes the story everywhere. It is pitiable how the world is turning against the poor.

Actuallythat is true, it is the poor that in most affected here because the rich can able to sustain their living for another months or years but the poor? the prices are increasing and the jobs are closing?
this is one of the most and the saddest part of human living , when the wrong decisioning of the government makes the world suffer.

That's true because that's how it really is so life will be cruel to the poor,
the poor can't do anything and it's not a secret anymore,
government decisions need to be made as wisely as possible and that's important

well thats wrong , the poor maybe poor for now but if will push our life and do everything to make it better then oyou will change the course of life.

being poor is normal but dying poor is laziness.

remember that every human has their own Path to take and achievements to sustain , it is a matter of how we will do this and make it better to the max.

mm2543363580

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Quote from: Sanitough on August 08, 2022, 05:21:51 PM

Quote from: mk4 on July 17, 2022, 10:45:38 AM

You're sounding like you're the first to think that a recession/depression is coming. Literally almost everyone in crypto or investing in general communities have been talking about this for months now. Calling for a collapse is actually the common opinion now.

You will never grow if this will be your mindset all the time. Yes, we are currently experiencing global recession but hey mate, we are not yet falling apart. And we are still doing things to make the market normal again. But if you focus being negative and discourage the people around you, that way you will never be wanted at all. The current inflation is high, and so we should at least do things like bitcoin investments so we can combat its inflation effects.

I am prepared for both depression and surprises ...
because amid disappointment comes hope - I am hopeful that these trouble will help soon and well see a better and brighter world in coming days

Sanitough

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Quote from: mk4 on July 17, 2022, 10:45:38 AM

You're sounding like you're the first to think that a recession/depression is coming. Literally almost everyone in crypto or investing in general communities have been talking about this for months now. Calling for a collapse is actually the common opinion now.

You will never grow if this will be your mindset all the time. Yes, we are currently experiencing global recession but hey mate, we are not yet falling apart. And we are still doing things to make the market normal again. But if you focus being negative and discourage the people around you, that way you will never be wanted at all. The current inflation is high, and so we should at least do things like bitcoin investments so we can combat its inflation effects.

Cryptock

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Quote from: KingsDen on August 06, 2022, 07:15:43 AM

Quote from: mich on July 22, 2022, 01:04:03 AM

No, I’m not preparing for a “Crypto Great Depression” because I find it highly unlikely that it will happen. I am a firm believer in the utility of blockchain technology and cryptocurrencies in general. Is it possible that the market crashes and crypto currencies become essentially worthless?

I suppose so. But I find it highly unlikely considering how much an investment has poured in and will continue to come in from institutional, governmental and retail traders. The reality is crypto currencies are here to stay but we have to be patient with the price due to the shaky global economy.

Op wrote so prophetic and was firm about his claims. I agree with him on some issues he raised about inflation and weakness of currencies. This is no longer permutations but becoming reality as the days progress. Every country in on the high lane of inflation and long term recession and it takes information and might to re adjust to avert the looming doom.

But for cryptocurrency, bitcoin especially, it will not be worthless. If anything should happen to bitcoin, it should be from the security aspect of the network and not from utility or price depression to zero. Bitcoin is above that stage of such fear and would never re-test it.

BUT apart from all the things going in straight line. It is never that easy for me.
everytime I invest and want to do something better for myself all my money go in the whirlpool of uncertainty - nothing good comes to me

KingsDen

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Quote from: mich on July 22, 2022, 01:04:03 AM

No, I’m not preparing for a “Crypto Great Depression” because I find it highly unlikely that it will happen. I am a firm believer in the utility of blockchain technology and cryptocurrencies in general. Is it possible that the market crashes and crypto currencies become essentially worthless?

I suppose so. But I find it highly unlikely considering how much an investment has poured in and will continue to come in from institutional, governmental and retail traders. The reality is crypto currencies are here to stay but we have to be patient with the price due to the shaky global economy.

Op wrote so prophetic and was firm about his claims. I agree with him on some issues he raised about inflation and weakness of currencies. This is no longer permutations but becoming reality as the days progress. Every country in on the high lane of inflation and long term recession and it takes information and might to re adjust to avert the looming doom.

But for cryptocurrency, bitcoin especially, it will not be worthless. If anything should happen to bitcoin, it should be from the security aspect of the network and not from utility or price depression to zero. Bitcoin is above that stage of such fear and would never re-test it.

monineklutak

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Quote from: peter0425 on August 06, 2022, 01:05:12 AM

Quote from: Gozie51 on August 05, 2022, 04:53:38 PM

Quote from: Cryptock on August 05, 2022, 04:14:32 PM

I agree - and I am prepared for the great depression.
There is such a big mess that inflation has created - there is no end to end. Only stress and trouble - the life of a middle class person is horrible.

It gets to a point where the people can't hold back their emotions because they have been pushed to the war by the wrong policies of government that made world peace far from humanity and now it is affecting the poor because of the effects of inflation and no jobs. Depression is definitely coming in as scarcity becomes the story everywhere. It is pitiable how the world is turning against the poor.

Actuallythat is true, it is the poor that in most affected here because the rich can able to sustain their living for another months or years but the poor? the prices are increasing and the jobs are closing?
this is one of the most and the saddest part of human living , when the wrong decisioning of the government makes the world suffer.

That's true because that's how it really is so life will be cruel to the poor,
the poor can't do anything and it's not a secret anymore,
government decisions need to be made as wisely as possible and that's important

peter0425

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Activity: 2618

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Quote from: Gozie51 on August 05, 2022, 04:53:38 PM

Quote from: Cryptock on August 05, 2022, 04:14:32 PM

I agree - and I am prepared for the great depression.
There is such a big mess that inflation has created - there is no end to end. Only stress and trouble - the life of a middle class person is horrible.

It gets to a point where the people can't hold back their emotions because they have been pushed to the war by the wrong policies of government that made world peace far from humanity and now it is affecting the poor because of the effects of inflation and no jobs. Depression is definitely coming in as scarcity becomes the story everywhere. It is pitiable how the world is turning against the poor.

Actuallythat is true, it is the poor that in most affected here because the rich can able to sustain their living for another months or years but the poor? the prices are increasing and the jobs are closing?
this is one of the most and the saddest part of human living , when the wrong decisioning of the government makes the world suffer.

MCobian

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Quote from: Gozie51 on August 05, 2022, 04:53:38 PM

Quote from: Cryptock on August 05, 2022, 04:14:32 PM

I agree - and I am prepared for the great depression.
There is such a big mess that inflation has created - there is no end to end. Only stress and trouble - the life of a middle class person is horrible.

It gets to a point where the people can't hold back their emotions because they have been pushed to the war by the wrong policies of government that made world peace far from humanity and now it is affecting the poor because of the effects of inflation and no jobs. Depression is definitely coming in as scarcity becomes the story everywhere. It is pitiable how the world is turning against the poor.

The economic crisis that occurred in all countries in the world, the effect made many people depressed, because of the difficulty of finding job
and the increasing number of poor people. We can't rely on the government to solve the problem of poverty quickly, let alone a lot of bad things
happening in this world. Starting from the unresolved pandemic and now with the war between Russia and Ukraine making the prices of basic
necessities increase.

Therefore we must be able to prepare ourselves each to face the deteriorating economic situation. Don't let our lives get worse, we as humans must be
able to think to find solutions to every problem. So we have to look for information to be able to improve our economy in a difficult situation like today.
Don't be a weak person and give up quickly with bad situations, especially until your emotions get out of control. Actually there are many solutions that
we can do if we can control our emotions and think calmly. Therefore, take advantage of the ease of internet access to dig up information on how we
can improve our economy. Because on the internet there is a lot of information that we need to be able to improve our economy.

noormcs5

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Quote from: Gozie51 on August 05, 2022, 04:53:38 PM

Quote from: Cryptock on August 05, 2022, 04:14:32 PM

I agree - and I am prepared for the great depression.
There is such a big mess that inflation has created - there is no end to end. Only stress and trouble - the life of a middle class person is horrible.

It gets to a point where the people can't hold back their emotions because they have been pushed to the war by the wrong policies of government that made world peace far from humanity and now it is affecting the poor because of the effects of inflation and no jobs. Depression is definitely coming in as scarcity becomes the story everywhere. It is pitiable how the world is turning against the poor.

Considering the overall situation of the world, it is clear that depression awaits us as there can't be anything good when you are war and high inflation globally. However, you can still hope for a surprise if you have invested in bitcoins. I think despite the bad economic situation, bitcoin will still rise to unimaginable prices and those who are holding bitcoin will get many good surprises.

Oceat

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Quote from: Hamza2424 on August 05, 2022, 04:48:21 PM

Ohh its the job of time I can't do it as I can't decide but i know i wond be depressed by the value of the BTC so I'm clear about it can surprise me. Rest of the things lies on the time as always time decides what ongoing and whats going to happen. All we do is just developing the interest here

I will be surprised by the interest of the people especially in those affected areas of inflation but I think there's no country who didn't suffer from inflation since it seems like almost are all interconnected. When the price of petroleum spike due to the Russia and Ukraine war the petroleum price started to spike in some other countries too. It's just odd but it's clear that there's someone or something big in the back doing everything to make the market seems to be moving to create inflation almost every year. Undecided

Gozie51

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Quote from: Cryptock on August 05, 2022, 04:14:32 PM

I agree - and I am prepared for the great depression.
There is such a big mess that inflation has created - there is no end to end. Only stress and trouble - the life of a middle class person is horrible.

It gets to a point where the people can't hold back their emotions because they have been pushed to the war by the wrong policies of government that made world peace far from humanity and now it is affecting the poor because of the effects of inflation and no jobs. Depression is definitely coming in as scarcity becomes the story everywhere. It is pitiable how the world is turning against the poor.

Hamza2424

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Ohh its the job of time I can't do it as I can't decide but i know i wond be depressed by the value of the BTC so I'm clear about it can surprise me. Rest of the things lies on the time as always time decides what ongoing and whats going to happen. All we do is just developing the interest here

South Park

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Quote from: Mario Yamasaki on August 03, 2022, 04:22:56 AM

The world bank report states that a global recession will occur in the long term, it can be seen that high inflation from strong countries such as the USA or Europe, purchasing power continues to decline and production stops, so many people find it difficult to meet their needs, the best thing is to shift money to other countries. type of investment.

A crisis is looming, even those which do not know much about the economy can feel there is something wrong with it and that things are about to get worse, this is even more true if a conflict between China and Taiwan erupts, however a great deal of people cannot do much to protect themselves, they are so indebted that no matter what they do they cannot escape those debts on the short term and as such they are at complete mercy of whatever happens during the next months and years.

Cryptock

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Quote from: blockman on August 03, 2022, 07:13:18 PM

Quote from: Mario Yamasaki on August 03, 2022, 04:22:56 AM

The world bank report states that a global recession will occur in the long term, it can be seen that high inflation from strong countries such as the USA or Europe, purchasing power continues to decline and production stops, so many people find it difficult to meet their needs, the best thing is to shift money to other countries. type of investment.

Those that are aware of the global situation will have preparations in dealing with this great depression. It will exclude no one and will hit mostly those that are not that fortunate in life.
Aside from spreading your investments, there's really a need to be that knowledgeable in currencies so that you're aware of which currency is good to convert and save value when that comes. And us in here, we all know that it's bitcoin and that's why bitcoin was made too because this reason is part of it.

I agree - and I am prepared for the great depression.
There is such a big mess that inflation has created - there is no end to end. Only stress and trouble - the life of a middle class person is horrible.

blockman

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Quote from: Mario Yamasaki on August 03, 2022, 04:22:56 AM

The world bank report states that a global recession will occur in the long term, it can be seen that high inflation from strong countries such as the USA or Europe, purchasing power continues to decline and production stops, so many people find it difficult to meet their needs, the best thing is to shift money to other countries. type of investment.

Those that are aware of the global situation will have preparations in dealing with this great depression. It will exclude no one and will hit mostly those that are not that fortunate in life.
Aside from spreading your investments, there's really a need to be that knowledgeable in currencies so that you're aware of which currency is good to convert and save value when that comes. And us in here, we all know that it's bitcoin and that's why bitcoin was made too because this reason is part of it.

stomachgrowls

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Quote from: Cryptock on July 31, 2022, 07:39:02 PM

Quote from: Biscutard on July 29, 2022, 12:14:51 PM

I couldn’t agree more because what’s the point of shouting and expressing your emotions if the government is the one who doesn’t want to listen. Inflation has affected every sector of our country but for them they want to let us feel we are a great impact for change where in fact we are just speck of dust for them. If you really want to survive, go have a business that targets a human’s necessities and by hardwork and perseverance everything will pay off your work. Budgeting has the most impact in our standards of spending because it controls or regulate something we need and we don’t need. It gives balance for what is the most priority.

we are all prepared for the depression unless we achieve the financial stability
so better be braced up for the tough time than crying over the spilled milk. The current economic situation is going to hit everyone and it is going to hit very hard.

Easy to say for someone who do know that they could sustain these kind of situation just because they are entirely different when it comes to financial state which they do know that they could really

able to survive no matter what the economic situation would be.Yes, all of us would really be hit but we know the difference into those people who dont have money much and to those
people who do have lots.
Crying and whining wont really change a thing thats why you should really change your perception on things.

Mario Yamasaki

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The world bank report states that a global recession will occur in the long term, it can be seen that high inflation from strong countries such as the USA or Europe, purchasing power continues to decline and production stops, so many people find it difficult to meet their needs, the best thing is to shift money to other countries. type of investment.

Topic: U prepared for great depresion or u want to be surprised? (Read 508 times)