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Author Topic: Global economic and trade crisis  (Read 3245 times)
TrevorS
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October 23, 2019, 12:23:01 PM
 #81

If you think carefully, you will find not many methods that will help you and your asset to survive the crisis without losses. Personally, I am going to diversify my assets so that the largest shares in assets are less prone to price dynamics during such crises. Although it is possible that I could be mistaken and some of these assets, in view of the new largest global crisis, all will fall in value.

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October 23, 2019, 12:35:03 PM
 #82

If you think carefully, you will find not many methods that will help you and your asset to survive the crisis without losses. Personally, I am going to diversify my assets so that the largest shares in assets are less prone to price dynamics during such crises. Although it is possible that I could be mistaken and some of these assets, in view of the new largest global crisis, all will fall in value.
The distribution of assets in various types is indeed important. according to the level of risk. because if we see that now there are so many investments that we can do and with this convenience we should be able to choose what is indeed safe to invest and which ones are at risk when global dynamics occur

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October 23, 2019, 02:00:21 PM
 #83

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 am not an ecomonics expert but why are we talking so much about another economic crisis as its not beneficial for any nation as they will suffer losses and developed nations can survive it due to good monetary policies and reserves but others will face huge looses.So we pray that time never come.
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October 23, 2019, 06:22:19 PM
 #84

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.

Perhaps I can agree with you that essential goods should be available to everyone in order to not only survive the crisis, but it is also possible to speculate on this. However, I have a question in what kind of assets you invest so that they do not depreciate in the future, and there are not many such assets.
Since we have already touched on essential goods such as water, food, gasoline, and so on, all other assets are, in principle, subject to depreciation during periods of crisis.

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October 25, 2019, 08:42:38 AM
 #85

We can certainly avoid economical crisis, there is really no way this can sustain forever and all we have to do is stop the method we are trying to run the economy of this world and change it for better, but nooooooooo politicians will never go for that. We just have to realize that we can't live in a world where everyone is not rich but there are products made all over the world for the rich while the poor are trying to live a basic standard of living.

We can't have a billionaire class, that is waaaaay too much, people think that if we take all of the billionaires money anything above 1 billion then we can only cover a certain things and not everything, yet if we do that we can literally change the world in a better way for the future, 150-200 billion dollars to health and education of the world would equal to countless better people for the future which is what we need, or at least what our children will need.

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October 25, 2019, 06:04:07 PM
 #86

If you start talking about the global economic crisis, you need to find real numbers that show how much richer billionaires became during the crisis, but just do not need to look for this information in various Forbes magazines that write only what is beneficial to certain rich people.  I am sure that the crisis exists only for the common people, because every billionaire is in pursuit of super-profits, and ordinary people suffer because of this.
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October 25, 2019, 07:21:12 PM
 #87

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?
If an economic crisis really occurs, to secure value, the best way is to turn to gold investment. Given the huge risk of inflation and the collapse of the value of shares and property. Cryptocurrency may be another alternative, but the risk is very large if the impact of the crisis impacts crypto.

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October 25, 2019, 07:34:53 PM
 #88

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?
Actually recession are the part of usual markets you can't avoid recession as market move in cycles. But crisis is something called a major recession however even this cannot be avoided no matter what currency we use. However to get out of these crisis generally it requires a stable currency which is not affected by fluctuations of market so that atleast the currency remains stable in vibrant market environment. So yes BTC may be a way out in such cases but only if it can become a coin of the masses.
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October 25, 2019, 08:49:09 PM
 #89

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 not the things that I'll need to do that will matter in solving and preventing economic crisis. Yes, I'll take part, but it won't really count because it will depend on the hand of those who are responsible with handeling the economy, which is the government. If a crisis will about to happen major reasons and factors could be external amd will be inevitable. What I could do for me to minimize the effect of the crisis is to always be ready and always has something to pull, be it saving or whatever once the crisis hits the economy.
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October 25, 2019, 09:37:08 PM
 #90

If an economic crisis really occurs, to secure value, the best way is to turn to gold investment. Given the huge risk of inflation and the collapse of the value of shares and property. Cryptocurrency may be another alternative, but the risk is very large if the impact of the crisis impacts crypto.
If there is a global financial crisis yet again people will look for stable financial assets rather than volatile assets and i find it difficult to see people trusting bitcoin during those crisis but what everyone should understand is that bitcoin is the only asset that cannot be manipulated or destroyed by any bad government policies and hence you can trust bitcoin for the long term.
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October 25, 2019, 11:09:21 PM
 #91

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?


Basically if one person will have an idea how to solve and prevent economic crisis, it will not be effective. Society shapes how the economy becomes. But there's an idea that if one person has a strong will the same as the others and they are applying their concept on how to prevent crisis all at the same time, basically it is much effective than controlling them as an entire group.
For me, to avoid self crisis, I always save, and invest. I do not trust that much in luck so, I am certain about what will happen to me by tomorrow.
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October 26, 2019, 03:55:13 AM
 #92

in my opinion we will not be able to avoid a crisis if the global crisis has already occurred. we have to face it even though it's difficult. so to overcome the economic crisis we must have savings and assets. because in times of crisis all the necessities of life will rise if we don't have savings or our economic assets will be depressed. therefore we must save and have assets. and in my opinion bitcoin and gold are assets that can be counted on when a crisis occurs.

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October 26, 2019, 04:28:26 AM
 #93

If an economic crisis really occurs, to secure value, the best way is to turn to gold investment. Given the huge risk of inflation and the collapse of the value of shares and property. Cryptocurrency may be another alternative, but the risk is very large if the impact of the crisis impacts crypto.
If there is a global financial crisis yet again people will look for stable financial assets rather than volatile assets and i find it difficult to see people trusting bitcoin during those crisis but what everyone should understand is that bitcoin is the only asset that cannot be manipulated or destroyed by any bad government policies and hence you can trust bitcoin for the long term.

I think that is wrong.

Government can still be a variable that have an effect to it.

Despite cryptocurrencies being a decentralized, government can still have an effect on it. They still hold the people under them, and that is a big thing since they can circulate policies and rules about it. They might not be able to stop people from using it, there will still be a lot of people who will stop from using it.
silversurfer1958
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October 27, 2019, 05:11:53 AM
 #94

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?
Although we are at the bitcoin forum and working to make money from it, when the economic crisis comes, I will use my money to buy gold and real estate.
The reason is that I don't trust bitcoin's price in the long run. It's really being manipulated a lot and it's also capable of returning to zero at any time. I worry the whales will give up bitcoin during the crisis.

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October 28, 2019, 08:41:36 PM
 #95

in my opinion we will not be able to avoid a crisis if the global crisis has already occurred. we have to face it even though it's difficult. so to overcome the economic crisis we must have savings and assets. because in times of crisis all the necessities of life will rise if we don't have savings or our economic assets will be depressed. therefore we must save and have assets. and in my opinion bitcoin and gold are assets that can be counted on when a crisis occurs.
I agree with this opinion. We are don't know will be crisis or no but at the same time we can prepare for it if it will be. And if a person has got some good investments or assets I am pretty confident that this person will be passed a crisis whenever it will be difficult or not. I mean you must have assets like stocks, cryptocurrencies, and gold, so just invest in these instruments when you will have some extra dollars.

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October 28, 2019, 11:44:07 PM
 #96

Nobody knows about the future crisis of Econominans. is just a professional expert who can explain in detail how to avoid economic crisis.
If you say the economic crisis can use a cryptocurrency method is not possible even though the price every time has a very high increase and gives a lot of profit.
It will not make the economic crisis disappear because only people who understand investing like this.

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sirminesalot
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October 29, 2019, 04:57:33 AM
 #97

Nobody knows about the future crisis of Econominans. is just a professional expert who can explain in detail how to avoid economic crisis.
If you say the economic crisis can use a cryptocurrency method is not possible even though the price every time has a very high increase and gives a lot of profit.
It will not make the economic crisis disappear because only people who understand investing like this.
the global economic crisis is certainly a terrible thing for a country and the possibility before that happens the government will look for solutions all the possibilities can happen without anyone can predict with certainty that with crypto currency all economic crises can be overcome it might benefit us who have held and start investing early
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October 29, 2019, 12:45:05 PM
 #98

Nobody knows about the future crisis of Econominans. is just a professional expert who can explain in detail how to avoid economic crisis.
If you say the economic crisis can use a cryptocurrency method is not possible even though the price every time has a very high increase and gives a lot of profit.
It will not make the economic crisis disappear because only people who understand investing like this.
the global economic crisis is certainly a terrible thing for a country and the possibility before that happens the government will look for solutions all the possibilities can happen without anyone can predict with certainty that with crypto currency all economic crises can be overcome it might benefit us who have held and start investing early

I liked your thinking, rightly say, the crisis is not familiar when it will be, but soon, because According to statistics, every 10 years a severe crisis occurs, the last was in 2008, so something should happen soon.

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November 03, 2019, 10:16:01 AM
 #99

During world crises, you need to buy real estate, land, gold. Only in this way will you be able to save your money and earn in the future when the recovery of the world economy begins. By the way, gold has already begun to grow, and this is a signal that the crisis may happen very soon. I am more interested in how the global crisis will affect Bitcoin, because I plan to keep my money in it.
indeed investment with gold is indeed promising and profitable, of course, but along with the development of the age and technology, investment is certainly using technology development and needed quickly practical and efficient and maybe also crypto currency was created for future investment using technology and age developments and I am sure this investment will also benefit

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November 03, 2019, 01:23:58 PM
 #100

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?
Wait... Didn't expect this kind of question. It seems like I'm obliged to solve eceonomic crisis when I'm not even in the government.
But honestly, the government should always be careful with their decisions. I cannot say that MY method will help to avoid economic crisis since it's just me and doesn't apply to everyone. So basically even with my method, that doesn't secure the assurance of preventing crisis. But if I want to survive on a crisis, my method would be investing on other valuable assets beside fiat so I can still have my sources when the time comes that fiat isn't doing good.
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