Global economic and trade crisis

[fiulpro]

I think the best option be will be keeping some money in cryptocurrencies because this way globally the countries would be able to support each other since every single investment counts .. this way we will be able to go though global crisis easily.. even if the country's economy goes down you could still count on the bitcoins and all..
This way we could count on someone other than the governments..

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[seraph_the_wise]

As countries' economies face major challenges, the biggest economic crisis in history will come out in recent years. What methods will you use to avoid the biggest economic crisis in history?

It’s part of a cycle and really can't be avoided due to the underlying problems and unwillingness to solve them. Especially when nothing was really "fixed" from the last financial crisis.
But one can use the understanding that its coming to better protect and increase the chances of surviving it and prosper in the aftermath.
Many things are different since 2008, with cryptoassets and a more multilateral world.

[TheUltraElite]

i don't think anyone here can prevent the global and economic trade crisis from rising at all,maybe by prayer anyway.

Praying wont give you anything new. But people are overthinking here. Economic crisis or is it just a man-made crisis brought out from delusional minds?

but as an individual you can prepare against it. make good investment, acquire more assets than liabilities, manage your finances so much as to keep living well through the crisis period. it is even possible to make more wealth by then if one is intelligent enough to provide solution within the environment

See, if a economic crisis really happens then whatever investment you do will become worthless. Believe it or not you would not survive it even you prepare for it. Instead the governments know how to tackle the situation and what everyone can do is hope for the best and keep more liquid currency at hand. That would become scarce in times of need. But again I highlt doubt this to become reality and it is more of a theory.

[bitbunnny]

As individuals there is nothing we could do on global level to prevent the crysis. And it will come, sooner or later no matter that some deny it.
What we can do is to prepare ourselves, both in fiat and cryptocurrencies aspect. Accumulate funds and don't take necessary risks. Split your investments as much as you can and make sure that your assets are always accessible. Expect the worse, hope for the best.

[Apaxy]

I think that the first and most important thing that we need to understand is that there is no crisis in the world, because the governments, billionaires and world clans that control both business and governments always want to see their profits grow.  You understand that superprofits can not increase every year just like that, because somewhere in some way you need to suffer losses.  If these people do not receive sufficient income, then they increase prices for everything that is possible and thereby take away funds from ordinary people.  Based on this, only ordinary people suffer, and the whole business, which is controlled by clans and due to which the economy is growing, is in order.  I am not talking about a conspiracy because our whole life is built precisely from such nuances.  The cryptocurrency was originally created so that people feel financial independence from their states and governments, but in the end we will soon get a completely controlled cryptocurrency in each state.

[South Park]

world economic conditions will always be there and will definitely happen whether it's when no one knows, while trading in the cryptocurrency world also has a very high risk, which is why many traders must remain vigilant when trading will not be able to provide guarantees that can always benefit .

There is always good and bad economic conditions but i fear a very worse economic crash soon. I have heard many re-known you tube channels taking about the financial crisis. Maybe the reason for this is the USA/China trade conflicts. I do hope that people will convert all their money from fiat into crypto , once they see the fiat devalue and stocks crashing.

By that time it will be too late, just look at what happened in this market during this year, there are people that waited until bitcoin was above 10k to buy and now they want the price to keep growing, maybe they will be lucky and the price will go up but the ones that benefited the most from the recent growth are those that bought bitcoin when it was trading at 3500, if a person has the slimmest suspicion that a crisis may happen during the next years then it is important to begin to prepare right now and not wait until the crisis hit us.

[wxxyrqa]

world economic conditions will always be there and will definitely happen whether it's when no one knows, while trading in the cryptocurrency world also has a very high risk, which is why many traders must remain vigilant when trading will not be able to provide guarantees that can always benefit .

There is always good and bad economic conditions but i fear a very worse economic crash soon. I have heard many re-known you tube channels taking about the financial crisis. Maybe the reason for this is the USA/China trade conflicts. I do hope that people will convert all their money from fiat into crypto , once they see the fiat devalue and stocks crashing.

By that time it will be too late, just look at what happened in this market during this year, there are people that waited until bitcoin was above 10k to buy and now they want the price to keep growing, maybe they will be lucky and the price will go up but the ones that benefited the most from the recent growth are those that bought bitcoin when it was trading at 3500, if a person has the slimmest suspicion that a crisis may happen during the next years then it is important to begin to prepare right now and not wait until the crisis hit us.

In my country, one literate person always says almost the same thing, as if there is no crisis, because those in power always steal our money.  Perhaps this sounds ridiculous, but even in highly developed countries there are a lot of corrupt officials and bad officials who spend people’s money for other purposes. But I have already noticed that even among cryptocurrency users there are people who will always be few.  When Bitcoin had a price of $ 300 in 2016, then there were only wishes and dreams, and when in early 2017, Bitcoin already exceeded $ 1,500, then the appetites increased.  It’s even funny to remember those people who sold their houses and cars, and also took loans to buy Bitcoin at the end of 2017, but at that time it was already late and a very big mistake.  Of course, today they want to see Bitcoin even higher than $ 20,000 in order to at least recover their losses.

[muhhentuhhen]

I think the best option be will be keeping some money in cryptocurrencies because this way globally the countries would be able to support each other since every single investment counts .. this way we will be able to go though global crisis easily.. even if the country's economy goes down you could still count on the bitcoins and all..
This way we could count on someone other than the governments..

The crisis will come (I mean worse than now). However, the crisis can be delayed if governments find where to get more money to cover the debt burden due to it. Cryptocurrencies can become such a tool. Look at FB, which launches the Libra cryptocurrency with the goal of making even more money from people and all these threats from regulators are nothing more than a statement for the general public.

In fact, people will give their cash to Facebook, and they will use these funds to buy short-term bonds of the US government debt and thereby support their economy.

[South Park]

I think the best option be will be keeping some money in cryptocurrencies because this way globally the countries would be able to support each other since every single investment counts .. this way we will be able to go though global crisis easily.. even if the country's economy goes down you could still count on the bitcoins and all..
This way we could count on someone other than the governments..

The crisis will come (I mean worse than now). However, the crisis can be delayed if governments find where to get more money to cover the debt burden due to it. Cryptocurrencies can become such a tool. Look at FB, which launches the Libra cryptocurrency with the goal of making even more money from people and all these threats from regulators are nothing more than a statement for the general public.

In fact, people will give their cash to Facebook, and they will use these funds to buy short-term bonds of the US government debt and thereby support their economy.

The problem is that governments keep talking about austerity but they never implement it, governments around the world keep growing and they need more and more money and when you add that they are trying to give more free stuff to people to make them vote for their political party, then the only conclusion I can reach is that sooner or later they will not have the money necessary to fund the government and will rely on debt and printing money to do so, but this will eventually erode the confidence in their fiat currencies which will create an even greater crisis.

[binhvo1505]

As countries' economies face major challenges, the biggest economic crisis in history will come out in recent years. What methods will you use to avoid the biggest economic crisis in history?

I think I have to invest in Bitcoin. It has a deflationary mechanism and it is sure that prices will increase year by year. Besides, there are many people who think like me, when real estate and gold also fall in value, then Bitcoin will be a very rare asset.

[redsun114]

We can get ready for something major by having more of our money in crypto. That is what I do honestly, I put all my money into crypto and cash out when I need it, usually it doesn't take long and I already have one credit card which means if I am screwed and I can't get my bitcoins into fiat really quickly than I can use my credit card and even withdraw money from there, you pay some sort of interest but its not that big of a deal in return of having all my money in crypto at all times. It is kind of a way to protect the value of your worth, lets say you get to pay 10 bucks for a burger, and that's 0.001 (just giving examples), but lets say tomorrow life got expensive and burgers are now 20 bucks, if you keep it on fiat you will need more money but if you keep it on bitcoin it usually goes up as well so you will still have to pay 0.001.

[bitgolden]

As countries' economies face major challenges, the biggest economic crisis in history will come out in recent years. What methods will you use to avoid the biggest economic crisis in history?

I will lock myself in a huge bunker and I will wait for this crisis to pass) If seriously, no one knows what consequences this imaginary new global crisis will have. Therefore, it is difficult to do anything against him now.

You will only end up dying of boredom, suffocation and hunger, there is something that my dad use to tell me, he said I should never run away from my problem, but I should rather face it which there are chances that I could overcome it rather than shying away from it.

All these global crisis, are part of human errors, and we have been given high knowledge by God to be able to handle some of these things, this is not the first time that global crisis has shown its face, when it happen the last time, many people still survives it, I guess those are people that were strong enough to face their problem and overcome it. Global crisis will come and it will go, it depends on how we can all manage it with every resources that is available to us like cryptocurrency.

[Spaffin]

As countries' economies face major challenges, the biggest economic crisis in history will come out in recent years. What methods will you use to avoid the biggest economic crisis in history?

I will lock myself in a huge bunker and I will wait for this crisis to pass) If seriously, no one knows what consequences this imaginary new global crisis will have. Therefore, it is difficult to do anything against him now.

You will only end up dying of boredom, suffocation and hunger, there is something that my dad use to tell me, he said I should never run away from my problem, but I should rather face it which there are chances that I could overcome it rather than shying away from it.

All these global crisis, are part of human errors, and we have been given high knowledge by God to be able to handle some of these things, this is not the first time that global crisis has shown its face, when it happen the last time, many people still survives it, I guess those are people that were strong enough to face their problem and overcome it. Global crisis will come and it will go, it depends on how we can all manage it with every resources that is available to us like cryptocurrency.

Over the past few decades, there have already been several global economic crises, which everyone was talking about.  It seems to me that this has always been information that is intended to manipulate people's minds.  Apparently people were robbed of their government, and thereby explained that the whole world crisis was to blame.  I have a country house and there is a small business that brings good income, if you do not take into account my hobby for cryptocurrency.  In addition, I want to say that I practically live autonomously from energy resources that states sell to their citizens.  Based on what I said, I did not notice any effect of the crisis on my fate and on my family.  In any case, you said correctly that everyone should solve his problem himself and not run away from it and not wait for someone else to solve this problem.

[South Park]

As countries' economies face major challenges, the biggest economic crisis in history will come out in recent years. What methods will you use to avoid the biggest economic crisis in history?

I will lock myself in a huge bunker and I will wait for this crisis to pass) If seriously, no one knows what consequences this imaginary new global crisis will have. Therefore, it is difficult to do anything against him now.

It is doubtful that the crisis is going to get that bad that you need to isolate yourself from society, there have been many crises in the past and the ones that are the most affected by them are those that are in debt and those living paycheck to paycheck, so if you want to avoid the worst aspects of the crisis the only thing that you need to do is to avoid debt and to have savings, but do not save in fiat currencies, if you are not sure about bitcoin and cryptocurrencies in general you can use precious metals but if you really believe in cryptocurrencies then you can invest in bitcoin and enjoy your future profits.

[FanEagle]

I remember back in the day when cyrpus had a financial issue like in 2011 or so there was about 700k bitcoin bought all at once because someone wanted to get their money out and there was no other way to do it legally so they used bitcoin to do it. Now that was back in 2011 and 700k bitcoin didn't worth too much money back in those days but if you consider whats going on right now I am pretty sure there could be something bigger in the horizon.

If there is a reason why people would want to get their money out than we could potentially have ourselves that type of situation where people buy bitcoin once again to get out of their fiat and move to something else as well, it could be EU company doing it to get out of sterling, it could be USA company getting out of yuan, I don't know what it will be but if this continues we could have the same thing again.

[HarmonyA]

There are crisis that are inevitable. But most importantly is your preparation that will help you to sustain in such a challenging time. If it happens, we will survive it in as much as there is money, land, and food to eat. The world is already going through a tough time and we seem to be ignorant of it. The greed of man to be ignorant of the threat on our environment will pave way for the worst crisis that humanity would face

[illnino]

i don't think anyone here can prevent the global and economic trade crisis from rising at all,maybe by prayer anyway. but as an individual you can prepare against it. make good investment, acquire more assets than liabilities, manage your finances so much as to keep living well through the crisis period. it is even possible to make more wealth by then if one is intelligent enough to provide solution within the environment

No one can do it in reality, and it seems that this crisis has already started, but it has not reached its top point. However, optimists have their own viewpoint towards these events. They are sure that the crisis is not only a catastrophe but also a great opportunity to buy on the cheap something that in a few years will increase significantly in price. It is also the time to invest in crypto.

[btc_angela]

i don't think anyone here can prevent the global and economic trade crisis from rising at all,maybe by prayer anyway. but as an individual you can prepare against it. make good investment, acquire more assets than liabilities, manage your finances so much as to keep living well through the crisis period. it is even possible to make more wealth by then if one is intelligent enough to provide solution within the environment

No one can do it in reality, and it seems that this crisis has already started, but it has not reached its top point. However, optimists have their own viewpoint towards these events. They are sure that the crisis is not only a catastrophe but also a great opportunity to buy on the cheap something that in a few years will increase significantly in price. It is also the time to invest in crypto.

Obviously, no one not even the US government can prevent a global recession. I mean it's also a cycle if you have to look at previous global collapse. The thing is what's the trigger point and as individuals, what are you plans to keep you safe from this economic turmoil. That's why bitcoin has been touted as such and people really have to think about investing on it before it's too late.

[AjithBtc]

i don't think anyone here can prevent the global and economic trade crisis from rising at all,maybe by prayer anyway. but as an individual you can prepare against it. make good investment, acquire more assets than liabilities, manage your finances so much as to keep living well through the crisis period. it is even possible to make more wealth by then if one is intelligent enough to provide solution within the environment

No one can do it in reality, and it seems that this crisis has already started, but it has not reached its top point. However, optimists have their own viewpoint towards these events. They are sure that the crisis is not only a catastrophe but also a great opportunity to buy on the cheap something that in a few years will increase significantly in price. It is also the time to invest in crypto.

Obviously, no one not even the US government can prevent a global recession. I mean it's also a cycle if you have to look at previous global collapse. The thing is what's the trigger point and as individuals, what are you plans to keep you safe from this economic turmoil. That's why bitcoin has been touted as such and people really have to think about investing on it before it's too late.

Each and everything is on a cyclic process, here what we experience out of the global economic and job recession is also a cyclic process. This happened almost few years back, and very few countries escaped and stood strong with their varied economic structure. This time it has been turning much worse than the past. Maybe be what we experience with the market of bitcoin too might be the impact of the same.

[yulionoo]

I don't think we can avoid the economic crisis. We have to face it. and to face this economic crisis there are some things that we must have.
1. we must have an emergency fund. This fund will be used when our country is hit by an economic crisis So I always set aside 20% of my salary for emergency fund savings. and I think if we have bitcoin. we can count on bitcoin as our emergency fund.
2. when there is a crisis most of the prices of necessities will go up so we must have additional work in order to meet daily needs.