Fullbear2222 (OP)
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December 24, 2022, 02:23:02 PM |
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Cash is king again. The purache power of cash is great again. Many people talking about gold will go up. How can the gold go up If markets works on supply and demand system. What's the biggest demand now ? cash it's cash not gold not stocks not real estate not Even btc neither Silver. World have now demand to oil and fiat currency.
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LoyceMobile
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December 24, 2022, 02:25:27 PM |
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"Cash is king" doesn't mean it keeps it's purchasing power. In the long run, you're better off with something that doesn't have inflation.
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jackg
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https://bit.ly/387FXHi lightning theory
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December 24, 2022, 03:11:14 PM |
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If you're constantly chasing things in high demand, you're constantly chasing losses or tiny profits.
If cash is the in thing now, it won't be by the time you sell it unless it's just being flipped quickly.
Find things that will be in demand again, don't buy gold now find something that's not appreciated much that probably will.
Cash has done well against a lot of common investments but hasn't done better than property or assets like oil and food (like wheat).
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teosanru
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December 24, 2022, 03:39:42 PM |
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Cash is king again. The purache power of cash is great again. Many people talking about gold will go up. How can the gold go up If markets works on supply and demand system. What's the biggest demand now ? cash it's cash not gold not stocks not real estate not Even btc neither Silver. World have now demand to oil and fiat currency.
Who told you fiat is in high demand first of all? It's only the USD which is in high demand which is just one fiat out of all 150+ fiats on the planet. So surely not all cash is king. Also talking about "king" i think king isn't someone who is in demand, King is someone who is able to maintain it's value always and whenever required. Cash which is USD might be in high demand in the international markets but in USA itself it's still being devalued even further which means it's purchasing power in the US is still decreasing.
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jossiel
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December 24, 2022, 05:55:44 PM |
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For now it is, despite the majority's currencies inflation, people are still surviving with all markets recovering.
Purchasing power is there but due to inflation, it's lessening its power. That's why, it's still wise to have an hedge against inflation and you know what are those assets that will make you feel safe by doing so.
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Bitstar_coin
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December 24, 2022, 06:09:14 PM |
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Cash is necessary but it's value is useless so there is no need to be proud of it. People are demanding cash because it is necessary for transaction at the moment. Unfortunately, inflation has made whatever amount you have become valueless.
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coupable
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December 24, 2022, 06:41:59 PM Last edit: December 29, 2022, 05:00:51 PM by coupable |
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But cash is really at the top of the demand and its competitors don't have the ability to keep up. Doesn't mean it's the best solution. Despite this, it still provides investment opportunities for a large segment of the marketة while the crypto market provides serious opportunities for many small investors. The obvious difference is in the level of risk and the amount of profit resulting from it. The difference is a bit like the difference between Bitcoin and the rest of the altcoins, given that Bitcoin is more stable and is considered a safe haven.
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tjtonmoy
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December 24, 2022, 06:44:32 PM |
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Cash is king again. The purache power of cash is great again. Many people talking about gold will go up. How can the gold go up If markets works on supply and demand system. What's the biggest demand now ? cash it's cash not gold not stocks not real estate not Even btc neither Silver. World have now demand to oil and fiat currency.
I don't know, how does this make sense. Price of everything has gone up due to inflation. And we are using more money to buy goods that were less valuable. So there's more demand on cash right now. In order to survive, you have to spend money. Thus, cash is now more important to people. Money is just a piece of paper. It has no value. If your government issue a new paper note as cash, you have to use it because you got no choice. It's the "king" now because of the situation. Not more than that. Change my mind
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bittraffic
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December 24, 2022, 06:49:59 PM |
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There are doubts about both cash and gold, especially with the current global crisis when it comes to inflating debts and Debt deflation. Gold for example still can be confiscated by governments if they decide what many countries have done in the past which cash can become worthless during runaway inflation.
Cash, for now, is the king, what happens next might make cash useful also. So far what we've heard on the news was that central banks are buying gold which they were preparing for the gold standard as BRICS countries try to implement.
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Gyfts
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December 24, 2022, 07:28:51 PM |
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The purchasing power of cash is not great given the inherent mechanisms in place to depreciate the value of cash by a minimum of 2% yearly. And that's only if the central banks can hit their targets. Most currencies are inflating at a higher rate because of reckless spending and irresponsible fiscal policy by the central banks. How can the gold go up If markets works on supply and demand system.
There's a definite supply of gold -- long term you can expect the price of gold to increase as the free supply of gold decreases. That doesn't mean within the short term that supply and demand wouldn't cause decreases in the price of gold. Supply and demand would tell us that even if the demand stays the same, that the price would still increase as long as the supply were to go down. And you can't generate more gold than what's in circulation or in the ground.
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Hispo
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December 24, 2022, 07:32:38 PM |
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Cash is "king" for different reasons actually. Here in my inflationary country USD (cash) is king because its liquidity and how stable it is in comparison to our local currency. It is a frictionless asset.
I believe we are living during challenging times where people have had to opt for credit and loans to try to survive, in this context it is obvious to see why cash would be more appreciated, added to the anonymity and wide acceptance around the world. Still we cannot ignore the disadvantages of the inflation and the measures that could be taken by a central authority.
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Flexystar
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December 24, 2022, 07:56:11 PM |
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You can keep printing the cash, you cant keep digging the gold forever.
You can keep printing unlimited cash out of thin air, you can't have unlimited gold supply from the earth's crust mate.
There is huge difference between cash and gold. If you know what I mean from the above statements then you will understand its merely wrong comparison you are doing.
Gold will always overpower, its rare earth material. You can not make it in the laboratory. The harder it gets to dig out from the earth's crust the costlier it will get over the time.
Cash is cash. Gold is Gold.
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panganib999
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December 24, 2022, 08:45:38 PM |
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In times of great crisis like this, cash is definitely your safest bet because it's the only asset people will be willing to accept in the midst of an economic collapse. But that doesn't necessarily mean that people should be complacent and refrain to building wealth by acquiring non-liquid assets like real-estate and crypto for instance. Millionaires and tycoons with massive generational wealtj are made from situations like these so be extra wise with how you treat your money.
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romero121
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December 24, 2022, 09:04:18 PM |
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In times of great crisis like this, cash is definitely your safest bet because it's the only asset people will be willing to accept in the midst of an economic collapse. But that doesn't necessarily mean that people should be complacent and refrain to building wealth by acquiring non-liquid assets like real-estate and crypto for instance. Millionaires and tycoons with massive generational wealtj are made from situations like these so be extra wise with how you treat your money.
Cash is definitely the safest at times of economic crisis. Right now it is time to hold as much possible limiting the unwanted expenses. Whether it is cryptocurrency, stocks or some other investments, only the wealthiest will make it with wise plans. It is the monetary system that have given value to the cash. For this reason cash will serve as the king at all time amidst the economic situation. Cryptocurrencies and other forms of investment serve as the alternate.
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Iroh
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December 24, 2022, 10:40:24 PM |
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Yeah, admittedly cash is important as it’s used literally everywhere humans live on earth. But I would disagree on your saying that cash is king cause it’s not. Fiat currency is affected by inflation along with other economic woes that plague mankind. When there is economic ruins in a country, it’s fiat currency would lose some of its value and its purchasing power, locally and internationally would dwindle. That’s no king in my book. Perhaps a prince of some sort lol but definitely not a king. There are lots of various minerals that are more valuable and rare while fiat could be printed countless times.
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EdenHazard
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December 24, 2022, 10:46:30 PM |
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In times of great crisis like this, cash is definitely your safest bet because it's the only asset people will be willing to accept in the midst of an economic collapse. But that doesn't necessarily mean that people should be complacent and refrain to building wealth by acquiring non-liquid assets like real-estate and crypto for instance. Millionaires and tycoons with massive generational wealtj are made from situations like these so be extra wise with how you treat your money.
Cash is definitely the safest at times of economic crisis. Right now it is time to hold as much possible limiting the unwanted expenses. Whether it is cryptocurrency, stocks or some other investments, only the wealthiest will make it with wise plans. It is the monetary system that have given value to the cash. For this reason cash will serve as the king at all time amidst the economic situation. Cryptocurrencies and other forms of investment serve as the alternate. Are we really in a long financial winter this time? Dammit thought we are going better after the covid and crisis things , better to prepare for the worst scenario of low purchasing power and high prices on everything indeed! And then finding the greatest time to buy back the assets that falls during the crisis. Would be so much satisfying to buy bitcoin at 40% off and bounced back in just few months! Let's see.
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S A KHAIR
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1xBit recovered their reputation
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December 24, 2022, 11:49:16 PM |
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"Cash is king" doesn't mean it keeps it's purchasing power. In the long run, you're better off with something that doesn't have inflation.
Inflation has many causes, in which the population is constantly increasing, with 8 billion people, it is not easy to manage and supply enough demand. Inflation is inevitable, but there are ways to control inflation and using interest rates is also coming into play. This world has existed for thousands of years and inflation is still there and people are still evolving. Don't think that bitcoin is the god that can solve all the problems in the world. Any government can create something with a fixed supply, but will its adoption really make inflation go away forever? Or It's just your imagination. I'm a bitcoin investor, but I'm not as crazy about bitcoin as you are, don't get too delusional with bitcoin when you're still using fiat on a daily basis.
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Scripture
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December 24, 2022, 11:55:25 PM |
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Purchasing power will not be the same anymore because of inflation, many countries are suffering from this right now and cash for them is not that worth it. The bear market is just temporary, so I’m expecting for another bull by next year. Cash is still the king simply because its more convenient to use and accepted anywhere, if this thing will happen to Bitcoin as well, we might see Bitcoin to be on top.
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Despairo
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December 25, 2022, 03:46:12 AM |
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Cash is controlled by governments, that's why cash is king since they're always force their citizens to use cash as a currency. But cash got inflated every year and people who have low knowledge didn't understand about it, they're pretty much accept it and trying to find a new job that will pay better. However the knowledge people really understand about financial and they're trying to reduce their spending in order to invest their money.
You could be a billionaire today, but the next 10 years you wouldn't become a billionaire if you not protect your wealth (investment).
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n0ne
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December 25, 2022, 03:54:47 AM |
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Purchasing power will not be the same anymore because of inflation, many countries are suffering from this right now and cash for them is not that worth it. The bear market is just temporary, so I’m expecting for another bull by next year. Cash is still the king simply because its more convenient to use and accepted anywhere, if this thing will happen to Bitcoin as well, we might see Bitcoin to be on top.
Purchasing power won't be the same. The convenience of usage keeps it on the top. The direct usage of cryptocurrencies were slowly getting into the market. Even at the hard times as now people never intend to spend it directly as we've got very low level of acceptance around the world. If cryptocurrency gets direct usage access surely Cash gets dethrone.
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