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Author Topic: Your wealth and options during the bad times  (Read 211 times)
gantez
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March 08, 2022, 04:50:22 PM
 #21

No place is ever safe in the world. Each country or state has its ups and downs. Who would ever believe that Ukraine will be hit by war upon her infrastructure and resources? This is why we should save up for rainy days by investing in crypto. Diversify your investment strategy. Don't save up your assets only by buying properties or in a bank.

We don’t expect war at this generation, though some things happen unexpectedly that reminds us to enjoy what we have now as well secure ourselves in times of emergency. We hope for peace in Ukraine and stops of war since not only their economy is affected but also other countries that leads to price hike of some resources. Connecting it to our decisions in investing we should not rely only at one source. Have plenty but make sure to monitor it properly.We can have cash, bank, and crypto for different purposes. And at this time, I prefer to trade than to hold.

The after effects of war is very much destabilizing like both Ukraine and Russia feeling it. Now 2million Ukrainians have left their homes, investment and property to run for live. As they usually say when there is live their is hope for future. Sometimes investment is better when you do online type like cryptocurrency where you can save your password by yourself either to your email and can access it anywhere you have internet connection. But then it is wide saying though because no one plan for war.
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March 08, 2022, 06:17:29 PM
 #22

No place is ever safe in the world. Each country or state has its ups and downs. Who would ever believe that Ukraine will be hit by war upon her infrastructure and resources? This is why we should save up for rainy days by investing in crypto. Diversify your investment strategy. Don't save up your assets only by buying properties or in a bank.


Even before 2014, it was predicted that Russia would launch a military campaign against Ukraine. I agree that we should save for rainy days when they come, such as having enough money to last 6 months without a job, but the question now is whether you can still use the money at that time, such as investing your money in a bank, but when you are in a war zone, such as Ukraine, money is worthless, so it is best to invest in cryptocurrency because it can be used anywhere.
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March 08, 2022, 07:34:18 PM
 #23


 I do not understand where do people who can save upto 6 months worth of salary live, and I do not know how much they are getting paid. For me, it is at most 1 month worth of savings, rest is either in debt, or locked for some investments. I mean sure if I cash out every single thing I own, then I would be able to live for a few years, but in that case thats not investment, thats liquidity waiting to be liquidated. My hope for my investment is not to cash it out one day, my hope is to keep it there forever. So if I end up with cashing out, then what was the point? What if I have to cash out during a bear market? I would even make a loss and that doesn't make sense. The money that I have, and I mean money, like fiat or stablecoin, can survive me for at max 1 month and thats it :/

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March 08, 2022, 07:44:51 PM
 #24

No place is ever safe in the world. Each country or state has its ups and downs. Who would ever believe that Ukraine will be hit by war upon her infrastructure and resources? This is why we should save up for rainy days by investing in crypto. Diversify your investment strategy. Don't save up your assets only by buying properties or in a bank.


Even before 2014, it was predicted that Russia would launch a military campaign against Ukraine. I agree that we should save for rainy days when they come, such as having enough money to last 6 months without a job, but the question now is whether you can still use the money at that time, such as investing your money in a bank, but when you are in a war zone, such as Ukraine, money is worthless, so it is best to invest in cryptocurrency because it can be used anywhere.

By now, I believe, some are turning into crypto because they are finding the advantages of it during this kind of crisis, pandemic or war crisis or maybe any conflict. As they can carry it safely and securely, if they know how to handle crypto, anywhere in the world. They have the chance to exchange it if they need it. Because with tangible assets like real estate, you definitely can't bring it with you in the times of war. So you need a lightweight baggage that no one can suspect you that you are carrying something valuable. Precious jewelries may help you to get something, but this is hot in the eyes of corrupt officials or other people.
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March 08, 2022, 08:04:11 PM
 #25

What u need specually right now
Have some coins crypto have some gold and cash.
In bad times those who not think about this things have likely less change to survive.
2022 will be economically survivaiol of the fittest.
"Its a financial hunger games kind of time"

Dont need to say about concpiracy theories or about elite by the time you will find out about that it will be too late.

If u have just cash it might not be enough diversion of assets and crypto is the way to go.
Elite knows it will be survivaiol of strongest in this economic collapse the great depression 1930 was just walk in the park.
But elite bankers knows they can not save people as population all ready exeeds % 50% of people will be wiped off like a dust.

Safe places locations are:
Monaco, south france, st tropez cannes, italy some part of italy like porto cervo switzerland.
Those places will be untouched and banking system all others willl work fine there if you go there there one person have enough money to feed all country also you can get drive to ferrari or yacht for free as they have so many yachts and luxury cars they can just give away.
And off course during world wars those places never touched but also who sell military equipment for everyone and organize merchants..dont ask where are they located.

By the time you find out what is our world really are it will be too late for you.

You have some very bizarre and incorrect notions of reality. There must be something slightly wrong with you if you think that any country or person is handing out ferrari's or yacht's for free, this fantasy world you live in does not exist. The best thing you can do in troubled times is exactly what you should do in calmer times - invest in yourself, aim for a house purchase if this is appropriate in your country (gives greater stability), while trying to build an investment pot and pension if you can. If you invest in times of crisis you are able to pick up stocks in companies super cheap. This idea of yours is basically to "be rich already" which is hardly a plan at all.

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fullhdpixel
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March 08, 2022, 09:56:39 PM
 #26

I totally disagree with this, money cannot buy everything, money can't buy peace, and those that has money and properties were also affected in this ongoing war. All physical assets and investment are being destroyed, the owner even is not safe because of panic in the ongoing crisis,
If the situation would be bad for those who are rich, how bad do you think it would be for people who are broke? You maybe right about the fact about properties being destroyed, but the op did mention Bitcoin right? If part of your money is being stored in bitcoin, as long as there is life, then you still have your money and would be able to survive after everything, and you’re better off than those who are holding physical assets in a location of war.

Imagine someone who has invested in houses as an asset they would be at loss. Owning a land might not be a bad asset, unless in a situation where the enemy takes over the conquered territory? Anyways, we should always make good plans and choose wisely.

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