Maybe. My preparations have been in for decades. I ain't trying to time this crash.
I took about 40K of my traditional investments, to complete siding window/etc on the house. Stick that value in the house as a hedge. Also
moderate/low risk now to maintain mode that I've retired, in the traditional stocks
Just to take some of the 'cream' off the top, I too see a recession on the horizon.
for what I think will be then next recession. Not selling any BTC/Crypto though.
I mean a recession is a 20% hit against your traditional investments, I figure 40% hit myself, a deep recession.
So what, I'm gonna panic sell BTC and take a 25% hit on capital gains, then put it into traditional stocks and see maybe a 20% to 40% drop in value
on doing such. So the possibility (IMHO) likely I'd see my BTC/Crypto moved to go down in value after this conversion between (if recession) 45% and 65%
in value. On this likely wrong bet? Just in time to likely (IMHO) watch Bitcoin/Crypto shoot up in value or at the worst go sideways?
So I've made my bets on the above and still in HODL mode. (Moon or Doom!).
Anyway, debts paid, above done as a coping mechanism, traditional investments set for my view the coming recession. BTC/Crypto in full HODL and accumulation mode.
So hell, as coping mechanisms, as my way to stumble through life crutch, what am I going to do next?
Build a bunker under the house and/or learn how to can veggies? Running out of hedges for what I see coming, so I guess accumulate more if possible is my new
hedge/coping mechanism, that seems to give me comfort and hedge against whatever springs to mind.
whatever, my die has been tossed
Brad
