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Author Topic: Economic crash in 2019!  (Read 1600 times)
Fies7aa
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October 23, 2018, 09:07:08 PM
Last edit: October 26, 2018, 02:06:02 PM by Fies7aa
 #1

A friend of mine told me that his dad (successful investor) their prediction is that there will be a economic crash in about 1.5 years from now. I think that it could be plausible.
Now what if it happens somewhere around that time. A lot of stocks will go down, also the house market will go down into the ground and buying a house with a mortgage will be with sky-high interest.

If and I say IF it happends will it be a good idea to buy bitcoin before the crash or will bitcoin crash like the others. There are a lot of factors going on. Like Renting a place out for the BTC miners ECT it will have a expensive tag to run and operate the blockchain during a crash.

Anyone any toughs? Also where are you going to put your BTC/cash into?



I mean just look at the house market here in the Netherlands. It skyrocketed so fast.

EDIT:



Lets take a look at the stock market from all over the world. This is a period of 52 weeks (1 year) as you can see almost all market exchanged went down some points. Except for a few e.g Russia. What russia has bin doing the last decade is buying 200 tonnes of gold every year. I'm not a economic guru, but I can safely say that this is not okay.

EDIT:

Economic crash is a norm, but your submission is not base on any statistical data, no need to panic, but better to play safe as an investor, I ensure I spread my investment  portfolio beyond cryptocurrency, You must realise that during recession some sector are always still bouyant and  lively, Real esatate/property development is a sector to watch out for.

I agree, but isnt the real estate/property sector one of the biggest? Properties rise but paychecks does not, what happens if you’re not able to pay the mortgage because the place where you work went bankrupt? Now multiply that with a nation.

Theres a banker I  know personally (has nothing to do with prediction just to make it clear) she told me that it went very great at the bank she works (ING dutch bank) lots of mortgages where handled out. This was 7 months ago...

More mortgages = more chance to not able to pay it off due loss of work or some other reason.

To me its a ticking time bomb with no timer on it, its just sits and wait till shit hits the fan. The onnly thing we as investors can do is have some kind of backup plan ready for this kind of doomsday.

May happen in 2019, it may happen in 5 years.

EDIT:



"Everything is fine, there is nothing to worry about"
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October 23, 2018, 09:32:52 PM
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 #2

I know the Dad you're talking about is Alex Jones on InfoWar LOL.

The good news is there are millions of people saying the same thing over the years. Still, the central banks have always had powerful machines to print more banknotes (sarcasm). ZeroHedge is the site where the economic crash propaganda is published daily.
We will always some economic troubles like with Greece or Venezuela, but a worldwide crash has a lot of less chance to happen.

I am not planning to change anything, money comes and go, and I apply the diversity rule

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October 23, 2018, 10:12:39 PM
Last edit: October 23, 2018, 10:22:41 PM by tweetbit
 #3

Don’t worry much, my son (3 years old) father in law is a legendary investor (20 years or more from now) will predict that alien 👽 is gonna trade with us and invested on our planet 🌍. #Super

            
I’m tired 💤 of this Predictions in a thin air.

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October 23, 2018, 10:32:14 PM
 #4

What crash are we talking here? Economic crash? lol

You can say that anytime you want but you can't stop the people investing, and lot of people are already claiming that economy of cryptocurrency would crash this year and that blah blah blah nah whatever they were all the same though. People are tired of this so-called experts trying to predict what's going to happen next after a big event was started.

 
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October 23, 2018, 10:36:19 PM
 #5

.... there will be a economic crash in about 1.5 years from now.

Used your common sense here.

1.5 years is just an inch away and do you really think government will not do anything within that period.

If and I say IF it happends will it be a good idea to buy bitcoin before the crash or will bitcoin crash like the others.

No one knows what will happened and the effect of it in cryptocurrency so it's all about your decision out of your own self analyzation.

If that's the case then you must do your assignment now and plan a strategy on what will you do because 1.5 years is again, just an inch away from now before this economic crash prediction by your fortune teller friend will happened. Cool

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October 23, 2018, 10:59:30 PM
 #6

I know the Dad you're talking about is Alex Jones on InfoWar LOL.

The good news is there are millions of people saying the same thing over the years. Still, the central banks have always had powerful machines to print more banknotes (sarcasm). ZeroHedge is the site where the economic crash propaganda is published daily.
We will always some economic troubles like with Greece or Venezuela, but a worldwide crash has a lot of less chance to happen.

I am not planning to change anything, money comes and go, and I apply the diversity rule

i'm the same way. i've been hearing about the imminent economic doomsday for decades now, and for a time, i was one of those crazy fearmongerers too. what a waste of time and energy!

sure, an economic crash is eventually coming---that's how market cycles work. but anybody who thinks they can time it correctly is also batshit crazy. at some point, you stop taking it too seriously and do the only thing you can: diversify and hedge your risks and don't put all your eggs in one basket.

as a trader, i also know that "he who panics first panics best". when the next major crash comes, most people will be sitting through the whole thing in disbelief, doing nothing but watching their portfolios crumble and wondering how anyone could still be selling.

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October 23, 2018, 11:28:22 PM
 #7

I know the Dad you're talking about is Alex Jones on InfoWar LOL.

The good news is there are millions of people saying the same thing over the years. Still, the central banks have always had powerful machines to print more banknotes (sarcasm). ZeroHedge is the site where the economic crash propaganda is published daily.
We will always some economic troubles like with Greece or Venezuela, but a worldwide crash has a lot of less chance to happen.

I am not planning to change anything, money comes and go, and I apply the diversity rule

I don't even know that guy. He already sold some of his assets, still an interesting subject to me. What would the best bet be? I got some money left here and would like to know IF such scenario comes into place what is the best strat to go with?
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October 23, 2018, 11:38:26 PM
 #8

investing cryptocurrency using property platform maybe good idea
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October 24, 2018, 12:01:21 AM
 #9

.... there will be a economic crash in about 1.5 years from now.

Used your common sense here.

1.5 years is just an inch away and do you really think government will not do anything within that period.

If and I say IF it happends will it be a good idea to buy bitcoin before the crash or will bitcoin crash like the others.

No one knows what will happened and the effect of it in cryptocurrency so it's all about your decision out of your own self analyzation.

If that's the case then you must do your assignment now and plan a strategy on what will you do because 1.5 years is again, just an inch away from now before this economic crash prediction by your fortune teller friend will happened. Cool


The thing is, there are a lot of central banks buying gold. For e.g Hungary central bank bought 28000kg worth of gold, must be something right? Or maybe they like jewelry. EDIT: The last time they bought a lot of gold was in 1986.
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October 24, 2018, 12:11:49 AM
 #10


A friend of mine told me that his dad (successful investor) their prediction is that there will be a economic crash in about 1.5 years from now. I think that it could be plausible.
Now what if it happens somewhere around that time. A lot of stocks will go down, also the house market will go down into the ground and buying a house with a mortgage will be with sky-high interest.

If and I say IF it happends will it be a good idea to buy bitcoin before the crash or will bitcoin crash like the others. There are a lot of factors going on. Like Renting a place out for the BTC miners ECT it will have a expensive tag to run and operate the blockchain during a crash.

Anyone any toughs? Also where are you going to put your BTC/cash into?
I think no one could ever predict the future because of the instability of cryptocurrency..but the near fact that adoption is happening every single minute in a day i think cryptocurrency would probably be more trendy in the coming gneration and when more and more people or merchants accept it as a mode of payment .
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October 24, 2018, 01:05:28 AM
 #11

Having predictions each year is overrated, just saying. Many experts saying that reasons all over just to take blatant predictions or speculations. On crypto currency other side, well it's just same same as always. Crypto experts saying all the FUDs over the internet just to have a good price to buy and only benefited them as always. No one can predict whats gonna be next year but let's just stay positive once again because it will surely benefit as all in the future.
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October 24, 2018, 02:06:52 AM
 #12

Having predictions each year is overrated, just saying. Many experts saying that reasons all over just to take blatant predictions or speculations. On crypto currency other side, well it's just same same as always. Crypto experts saying all the FUDs over the internet just to have a good price to buy and only benefited them as always. No one can predict whats gonna be next year but let's just stay positive once again because it will surely benefit as all in the future.

I will quote Vitalik, economic crisis by the end of the 2021. Here is why he made this prediction and why I joining :"Following the jarring statement, Buterin said in the same tweet that he made the prediction just so he could have a chance (which he estimated to be 25 percent) of later being credited as “a guru who predicted the last financial crisis.” 25% doesn't sound so bad at all, maybe I will be a financial guru in couple years, I will add to that bitcoin 100k dollars by the end of the same year, or more, if I hit both predictions I will wrote a book and I will have my own TV show.

 
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October 24, 2018, 02:57:24 AM
 #13

A friend of mine told me that his dad (successful investor) their prediction is that there will be a economic crash in about 1.5 years from now. I think that it could be plausible.
Now what if it happens somewhere around that time. A lot of stocks will go down, also the house market will go down into the ground and buying a house with a mortgage will be with sky-high interest.

If and I say IF it happends will it be a good idea to buy bitcoin before the crash or will bitcoin crash like the others. There are a lot of factors going on. Like Renting a place out for the BTC miners ECT it will have a expensive tag to run and operate the blockchain during a crash.

Anyone any toughs? Also where are you going to put your BTC/cash into?



I mean just look at the house market here in the Netherlands. It skyrocketed so fast.
If that happens, I will decide to hold my Bitcoin at all costs. Because I believe that only Cryptocurrency can bring me profit as the world economy goes down. The real estate market goes down and that will make me lose a lot of advantages. Because I'm only knowledgeable about real estate and Cryptocurrency.

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October 24, 2018, 03:38:27 AM
 #14

I see this is only a statement with a lack of strong support. the weakening and strengthening of the economy is due to many trigger factors, you mention economic destruction and this is my fear. inflation in each country will continue to grow but each country will anticipate the economic collapse with various policies.
crypto will be there to provide benefits to the user community and this will have an economic improvement impact as well
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October 24, 2018, 03:45:23 AM
 #15

I see this is only a statement with a lack of strong support. the weakening and strengthening of the economy is due to many trigger factors, you mention economic destruction and this is my fear. inflation in each country will continue to grow but each country will anticipate the economic collapse with various policies.
crypto will be there to provide benefits to the user community and this will have an economic improvement impact as well
if two economic giant countries are still at odds, it will certainly have a long impact on economy following year. i don't know what would happen if their trade war worsened

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October 24, 2018, 05:08:17 AM
 #16

Im getting too anxious with all this prediction, i think the aim is too create chaos upon  weak investors
But its all just fake news ,but im giving credit to the manipulators coz i think they are doing it great  Grin

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October 24, 2018, 05:48:15 AM
 #17

What have to care about economic crash or not, just focus on bitcoin when will to the moon, We are waiting whit bitcoin could raised up again to higher price and waiting when bitcoin really growing up fast, we can see after bitcoin raised up altcoin will be the same too.

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October 24, 2018, 10:48:35 AM
 #18

There's also who have predicted that we should be seeing some semblance of a crash this year. We have seen lots of signs though so I wouldn't be surprised if one day we woke up and the global financial crisis has taken place. What we can do is save and prepare for such disasters, because believed me I experienced it in 2008 (I'm out of job and its hard to find one) and its a very ugly situation for everyone.

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October 24, 2018, 12:12:24 PM
 #19

I will not be surprised if another economic crash indeed happen, just look at the derivatives and the housing market. At some point, it will implode and leave everyone hanging, watching in awe as they see their investments consumed by the fire of greed and carelessness in investing. It might not happen within the next year, but it will surely happen within a decade since the markets are already over-leveraged and over-saturated with ETFs, ETNs and other bizarre derivatives.

The thought that something is 'too big to crash' isn't actually applicable in the entire world markets, and a great testament to that is the bankruptcy of the Lehman Brothers in 2008. Before this crash goes to materialize, I'm sure that my money is in crypto and gold, just to save my assets from depreciating in value.

 
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hatshepsut93
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October 24, 2018, 12:45:19 PM
 #20

There's no guarantee that Bitcoin will be unaffected or will benefit from a global financial crisis. Bitcoin is still too volatile to be considered a safe haven, so just because it's not tied to traditional markets it doesn't mean that it is safe. There might be even some mechanisms that can make it drop during a crisis, so no one should bet on Bitcoin with all their savings.

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