U prepared for great depresion or u want to be surprised?

[325btc]

U ready or u surprise?
A lot deflation a lot lay off-s and oil fuel gold prices falling
Eur and dollar about skyrocket against other currencies.
A llot rich investors take off money to put in bank becouse rates going up its good for savers.
The thing is u not told that the up coming huge deflation and companies bancrupties and lay offs and crashes of 80% is normal process u are told some reasons like supply chain....food shortages or war.
The thing is its all normal process this process will take inflation away and balance out wo r ld again.

Same like 1929 everbody was surprised...but why surprised?? If central banks shrink the money supply its all normal process.

The moment they will shrink the moment domino effect start.

Get out from the risky assets and currencies most definately assets or currencies with limited liquty options the news been selling to crowd lias i dont tell you as i dont give financial advice wich one but one counry currency will fall against usd and eur hard most people bought the top now and it will fall sharply.

And all that things it can be avoided and so only if people are intetested to learn how the things are working.

There is so many fake wrong naratives out there that its funny how many people fall for it.

But one thing is sure big crash and economic dowturn coming and thats normal process you had all the 10 years time to prepare when the banks printed inflation up and this fake economic show was holding up dont complain now you had all that nice time

Gona be interesting process to watch specially real estate collapse wich will surprise many of you and thats funny

[mk4]

You're sounding like you're the first to think that a recession/depression is coming. Literally almost everyone in crypto or investing in general communities have been talking about this for months now. Calling for a collapse is actually the common opinion now.

[325btc]

You're sounding like you're the first to think that a recession/depression is coming. Literally almost everyone in crypto or investing in general communities have been talking about this for months now. Calling for a collapse is actually the common opinion now.

Not just crypto but all others will follow

[ethereumhunter]

Even if the recession is coming, I hope I can be ready for that. No matter how hard, we need to keep surviving using everything we have so we can pass the bad situation that happens in our country. I am sure all people will keep trying to do the best they can because we know that the recession will mot besides us forever. There will be a moment for us to the recession will end and no matter how long the recession will happen, we can make sure that we are ready for that.

[mk4]

Not just crypto but all others will follow

Yea dude no crap depressions, recessions, and other economic turbulence doesn't only affect cryptocurrencies. Tell us something else we don't know.

[325btc]

Not just crypto but all others will follow

Yea dude no crap depressions, recessions, and other economic turbulence doesn't only affect cryptocurrencies. Tell us something else we don't know.

Oil will go down

[kryptqnick]

Whether a person can get prepared depends not only on expecting a recession, but also on one's financial stability and ability to invest, save up or do anything else that is not related to paying for basic life needs. And the worst thing is that those who can't prepare because they can only afford to cover the basics already are always hit the hardest.
We don't know how bad the recession will be and when exactly it will come. The situation can also very from country to country, from fiat currency to fiat currency. And cryptos aren't a safe haven, as they can go up, but might also go down along with the global economy.

[palle11]

Recession discussion is already in public but you can't do anything about it, if an individual is receiving less of income, they will be badly hit because recession comes as inflation increases. The remedy to go for is diversification of income but you can't also do that if you are not able to save up and gather finance. As recession gets closer with inflation, it eats up into the finance you have and savings becomes hard but we need to keep trying harder and try to reduce expenses by buying the necessary things and leave out those not necessary.

[Alisha-k]

Surprise is for those haven't experienced recession and might get depressed because it might seem new to them. But those who are already used to how the economy has been operating in years past by now are warming up for the worst. Prices as well as the economy has never been in a stable state it has always been in a fluctuating state since inception.

[Tellek Garing]

Surprise is for those haven't experienced recession and might get depressed because it might seem new to them. But those who are already used to how the economy has been operating in years past by now are warming up for the worst. Prices as well as the economy has never been in a stable state it has always been in a fluctuating state since inception.

I can't get surprise for the next recession as I could still remember what happened in 2008 very well. The war in Ukraine has create a lot of problems already for the market and the risk assets are mostly hit. I will say this meltdown is going to last as far as the war in Ukraine remains with us.

[South Park]

You're sounding like you're the first to think that a recession/depression is coming. Literally almost everyone in crypto or investing in general communities have been talking about this for months now. Calling for a collapse is actually the common opinion now.

At this point in time the question is how big the next recession or depression is going to be? We know that is coming and we also know that it is inevitable, but are the politicians currently on the top will be skilled enough to avoid a complete collapse of the economy? That is what we don't really know, personally this is something that I will not like to see because even if the collapse of the fiat system will be something good for the long term health of the economy the amount of suffering this will bring is so enormous that no matter how prepared we may think we are, we are also going to have problems under that scenario

[edgycorner]

Maybe it's coming, maybe it's not.
It would be fair to say there's a 50% chance. If Feds are able to stabilize inflation and control demand then we might land safely.
Macro-economics is more uncertain, unpredictable, and indecipherable than quantum physics. An economist will keep on crunching numbers and analyzing, but he can never be 100% certain  

But yea, if the crash does come it will be the worst one yet.

[bitgov]

Maybe it's coming, maybe it's not.
It would be fair to say there's a 50% chance. If Feds are able to stabilize inflation and control demand then we might land safely.
Macro-economics is more uncertain, unpredictable, and indecipherable than quantum physics. An economist will keep on crunching numbers and analyzing, but he can never be 100% certain  

But yea, if the crash does come it will be the worst one yet.

earlies the COVID has brought the world on halt and then Russian war.
and now the after affects of Covid and War that is inflation war. But nothing is going to be easy anytime sooner.

[Hydrogen]

Many social media influencers are being smug and cocky about a crash. They post pictures of themselves with a gun and say they're "fully prepared". As if they plan to use gun ammunition as fuel or food. It is a strange world we live in, with strange people.

I have prepared for a crash for many years, and I'm not well prepared. If the doom and gloom doesn't hit after a period of years. It becomes normalized to assume it will never happen. The confidence and smugness many have over the next recession must be fueled by a firm belief that it will never occur.

Most buy a gun and focus primarily on home defense. Or grow their own food to focus on self sustainability. A big crash could extend to transportation, communication and energy as well as the basic fundamentals. I don't think there's anyone who is fully prepared for that.

[ChiBitCTy]

As others have stated there has been talk of a depression or recession for over two years now. This has been on the table ever since covid hit. Honestly you’re giving some bad advice here. Now is likely NOT the time to sell investments. There’s a good chance you’d be selling low, and markets will eventually bounce back.

[Darker45]

Not just crypto but all others will follow

Yea dude no crap depressions, recessions, and other economic turbulence doesn't only affect cryptocurrencies. Tell us something else we don't know.

Oil will go down

Oh, wow! May your words be prophetic! May the heavens indeed make the prices of oil go down! It has been rising no end. The increasing prices of oil and oil products is causing a huge ripple effect on the local economy of my country. It's the reason why the cost of public transportation is now rising. And since all kinds of goods are also transported, their prices are also rising.

But where did you get this? Did you have some kind of a premonition? Did you see it in your crystal ball?

[oaz7t]

Yeah this is not a big deal anymore. This shit is gonna happen now and then or more precisely every couple of decades when few governments are unable to handle their nations properly. Humans I tell, they are greedy, they will become over thinker over specific period of time and loose the situation out of hands.

I am not at all surprised with this and I already have doomsday preparation.

I was very much prepared since COVID situation itself. No hard barges.

[Reid]

Oil will go down

Go down in price? Or go down in distribution? Demand of oil will keep on increasing and those who own the oil rigs and distributors will keep on taking advantage of the high demands by implementing high value for it.
It will not go down, imo. If there's a good investment now, that is the target. As long as that US-Russia conflict is not fixed there will be shortage of oil supply and I doubt Russia will back down to their challenge.
Prepared? That's something that will depend on the economy. You may have kept millions of dollars but there's a chance it will lose its value if bad things happen.

[mich]

No, I’m not preparing for a “Crypto Great Depression” because I find it highly unlikely that it will happen. I am a firm believer in the utility of blockchain technology and cryptocurrencies in general. Is it possible that the market crashes and crypto currencies become essentially worthless?

I suppose so. But I find it highly unlikely considering how much an investment has poured in and will continue to come in from institutional, governmental and retail traders. The reality is crypto currencies are here to stay but we have to be patient with the price due to the shaky global economy.

[robattfield]

I think this is happening on a global scale. The inflation problem is getting worse day by day. And I see many places are still facing the risk of default through the economic indicators they provide, although I am quite peaceful at the moment as I am living in a country where the growth rate is very low. Economic development is at the top of the world, but price problems are escalating, jobs are shrinking, and investment channels are gradually becoming inefficient. I also have a thought that this period needs to spread a lot of knowledge about working for people as well as connecting people around the world to help those in need.