Do not buy anything or hold just cash or crypto

[GIF-JOBS]

In times natural disasters or war it may happen that you can't have access to the internet, and if that happens, you can't normally use bitcoin or other cryptocurrencies, so saving all your money in bitcoin or USDC won't be the best option to choose or go with. If I'm sure a natural disaster or a war will happen, I will convert some of my money into bitcoin and gold so that if it happens that it's either bitcoin or gold that can be use as a medium of exchange at that time I will have options and be able to buy what will sustain me until the natural disaster or war is over.

If the internet is down, you can't use Bitcoin, right? If there is no internet, how can you pay with Bitcoin?
Anyway, it is reasonable to keep gold or cash for emergencies, because what does it mean to be emergency? The main purpose of having an emergency fund is so that you can easily get your funds in an emergency. And keep some cash for this, and buy gold. That is your emergency fund. I always advise everyone to create an emergency fund for 4-6 months, and buy gold with 80% of it and keep the remaining 20% ​​in cash in your locker at home. I think it is best to keep the emergency fund like this.

[Hyphen(-)]

Wars natural disasters predicted this year can wipe off your wealth cars properties and so smart way is to rent if you not so rich or invest physical locations where you natural disaster woun't destroy your property.

We go rapture times when yes many will lose a lot wealth too because most of wealth not even real.

Crypto specially stablecoins are best off course USDC on solana.
When my wealth in usdc or i can distribute between usdc euroc or tgbp wich are best stables i sleep well.

How sure are you that rapture will come will take away investments, is there any analysis that clarified that we are expecting natural disasters anytime soon?

This life is not predictable, we can’t as well rely on stable coins you mentioned, you will not have full control of your wealth, it is better to decide how to be safe, which I think is the main reason why we have Bitcoin as a savior.
Investing in Bitcoin save you all the stress, you are in control of your Bitcoin yourselves if you invest hold Bitcoin in your personal wallet where you have the seed phrase under your control, you can avoid so many problems which include third parties and so on.

Although disasters are natural, we can’t avoid them, but we can keep our seed phrase safe to the best we can, if we try, we can avoid losing our seeds to some extent that even if the natural disaster comes, we can still have them if it is not that much that involved earthquakes, there are saving methods that can survive fire outbreaks, if we can engrave our seed phrase in a metal plate, although it is expensive, but if your Bitcoin holdings is huge, you need to take any measure to keep your seed phrase safe.

[m2017]

Wars natural disasters predicted this year can wipe off your wealth cars properties

Is wars natural disasters predicted only for this year?

How would that destroy, say, money held in a bank deposit? In another jurisdiction - say, a Swiss bank?

It is far more likely that your car will be destroyed in a traffic accident.

and so smart way is to rent if you not so rich

But when renting, you pay money, yet the property doesn't become yours. That money just goes down the drain.

or invest physical locations where you natural disaster woun't destroy your property.

For example, ones located on the blockchain?
 

We go rapture times when yes many will lose a lot wealth too because most of wealth not even real.

Because the wealth of this majority will be devoured by inflation.

Please clarify: what kind of wealth is not real? In reality, true wealth consists of the means of production - that is, assets that independently generate profit. For example, the production of goods (or services). Put simply: a real business.

Crypto specially stablecoins are best off course USDC on solana.

Best for what? For preserving wealth? After all, this asset is just as susceptible to inflation as traditional money. Moreover, money can't serve as a store of wealth, because it is a medium of exchange (for value). That is a different function.

When my wealth in usdc or i can distribute between usdc euroc or tgbp wich are best stables i sleep well.

To me, this dream feels eternal. Wake up and stop talking nonsense.

[RockBell]

In times natural disasters or war it may happen that you can't have access to the internet, and if that happens, you can't normally use bitcoin or other cryptocurrencies, so saving all your money in bitcoin or USDC won't be the best option to choose or go with. If I'm sure a natural disaster or a war will happen, I will convert some of my money into bitcoin and gold so that if it happens that it's either bitcoin or gold that can be use as a medium of exchange at that time I will have options and be able to buy what will sustain me until the natural disaster or war is over.

If the internet is down, you can't use Bitcoin, right? If there is no internet, how can you pay with Bitcoin?
Anyway, it is reasonable to keep gold or cash for emergencies, because what does it mean to be emergency? The main purpose of having an emergency fund is so that you can easily get your funds in an emergency. And keep some cash for this, and buy gold. That is your emergency fund. I always advise everyone to create an emergency fund for 4-6 months, and buy gold with 80% of it and keep the remaining 20% ​​in cash in your locker at home. I think it is best to keep the emergency fund like this.

That's actually a very valid point because it's obvious that I won't even advise anyone to spend their Bitcoin; instead, they should just use their cash. When it comes to gold and Bitcoin, it's better, and even if you're investing, it will be better for you to use your emergency funds instead of spending your Bitcoin or even gold. However, some people will want to experiment and decide to spend their Bitcoin; there's nothing wrong with that, but they would rather spend their Bitcoin than anything.

To put it succinctly, I would rather hold cash than spend Bitcoin because, since they are assets, spending them won't be pleasant at all. In situations where we feel like spending but it won't be pleasant to start spending, it would be better to sell rather than spend. For even security wise just use cash.

[Royal Cap]

Wars natural disasters predicted this year can wipe off your wealth cars properties and so smart way is to rent if you not so rich or invest physical locations where you natural disaster woun't destroy your property.

Both physical assets and digital assets have different risks in the case of natural disasters. So yeah diversification is more realistic than completely eliminating any one asset. Just as insurance can come in handy if you have property, it is important to have some liquid funds.

Crypto especially stablecoins are best off course USDC on solana.

Here, the purpose of stablecoin and investment needs to be separated. USDC is mainly more suitable for keeping value stable and maintaining liquidity, not for long term wealth growth. If you need long term growth I would say there are very few alternatives to Bitcoin here.

When my wealth in usdc or i can distribute between usdc euroc or tgbp wich are best stables i sleep well.

Dividing into different stablecoins can provide some diversification but it does not completely eliminate the underlying risk, I would say it is more reasonable to have a balanced portfolio with emergency liquidity, Bitcoin and physical assets.

[JiiBs]

Wars natural disasters predicted this year can wipe off your wealth cars properties and so smart way is to rent if you not so rich or invest physical locations where you natural disaster woun't destroy your property.

You talk about wars and natural disasters destroying properties and yet, you advise on buying or investing in physical location properties, that doesn’t make sense.

I get it that some places might not be seen or regarded to be places that are prone to natural disaster but, wars are unpredictable on where and how it might form.

If the pandemic taught us anything, what it should have made us realize is how life has gone from being more of a physical valuation of items to an online perspective. Where you can have value in things that are not tangible.

[terrific]

I agree but those who can't do that, literally doesn't have that much to diversify.
Even if they like to do it, they just can't because dividing the asset that they have won't even be sufficient at all.
No doubt that diversification minimizes the losses but, when someone don't have to do it, even they try hard they can't.

sorry for jumping into the conversation, but i think for those who can save money and have enough to invest, diversification isn't really that difficult.
the question is simply whether they actually want to do it. the reality is that many investors don't want to diversify because they think it will reduce their potential returns.

for example, instead of putting $1k into btc and $1k into gold, many people put everything into bitcoin because they believe it will give them better returns. so it is not that they cannot diversify, but that they simply choose not to.

That make sense.
I agree to you that there are ways of doing it and it's possible for everyone to diversify because they can.
And the actual is about them really wanting to diversify or not. When they can do it, they'll do it.
But, if they don't want to do it then they are not going to do it even they have the option to do.

[abhiseshakana]

I agree but those who can't do that, literally doesn't have that much to diversify.
Even if they like to do it, they just can't because dividing the asset that they have won't even be sufficient at all.
No doubt that diversification minimizes the losses but, when someone don't have to do it, even they try hard they can't.

sorry for jumping into the conversation, but i think for those who can save money and have enough to invest, diversification isn't really that difficult.
the question is simply whether they actually want to do it. the reality is that many investors don't want to diversify because they think it will reduce their potential returns.

for example, instead of putting $1k into btc and $1k into gold, many people put everything into bitcoin because they believe it will give them better returns. so it is not that they cannot diversify, but that they simply choose not to.

That make sense.
I agree to you that there are ways of doing it and it's possible for everyone to diversify because they can.
And the actual is about them really wanting to diversify or not. When they can do it, they'll do it.
But, if they don't want to do it then they are not going to do it even they have the option to do.

https://www.worldbank.org/en/programs/disaster-risk-financing-and-insurance-program
This article maybe can explained  risk layering methof for finanical protection.

On such emergency situation i think we only think about financial resilience, we will ensure at least our family can get enough food, pay saily neede and how we can still got income on such condition. So diversification i will take not for investment but for my family resilience. My first core principle, i will not invest my money before I was certain I could sustain my life.

In survival mode i think the priority is survival, liquidity and optionality. I must protect my family and my asset from the risk of destruction. So for asset i choose, gold, bitcoin and property as i do now. I also put my liquidity or my emergency fund saving on several different bank and currency account (rupiah, USD, Euro and RMB), i have several income sources from real export business, freigh forwarding, consultant, content creator and selling frozen food and recycled crafts.

What actually i can not solve on the meantime even has little preparation are mobility during disaster and war, i think when there are extrem war we need fleeing to another country for safety on the orther hand, our asset such as gold and property, cannot be readily converted into cash. What i prepare now working ability from any location and income that not depent on one location.

[Futurexxx]

This is something that nobody knows when it happens, so it's totally not advisable for someone to act because of it and rent an apartment. Sometimes we don't have to be fast about certain things, because being too fast when you don't know the exact direction of what you are running to will definitely turn against you. However, without being told we're meant to understand that diversifying your investment is absolutely the best way to overcome it, because no one can easily predict what will happen in the future. That's the simple truth about it.

Very true.
That's the actual reality here because for an investor to be secure financially, he must have diversify into various investments because once any of his investment have some problems, he wouldn't feel it that much because his other investment will keep him afloat, unlike when he focuses on a single investment and something bad happens to that his only investment.

 So truly shit do happens, but if you have already diversify and it happens, you are already safe, but if you do not do it and a terrible shit happens to your only investment, just know that you will be wrecked because you have no alternative. Because no asset is completely safe in this world of uncertainty, so the earlier we spread out our investment into different assets for financial security, the better.

[viljy]

Well, Warren Buffett also holds a huge amount of money. Apparently, he’s waiting for the markets to crash. When such a shrewd person is sitting and waiting with a huge amount of cash, that’s already a sign that a collapse is coming. Why stablecoins on Solana? Apparently, it’s OP’s personal preference.

[Tamaperdana]

Wars natural disasters predicted this year can wipe off your wealth cars properties and so smart way is to rent if you not so rich or invest physical locations where you natural disaster woun't destroy your property.

We go rapture times when yes many will lose a lot wealth too because most of wealth not even real.

Crypto specially stablecoins are best off course USDC on solana.
When my wealth in usdc or i can distribute between usdc euroc or tgbp wich are best stables i sleep well.

In fact, if we think with a little paranoia, of course, nothing is truly safe in this world. This applies to wealth stored in any type of investment. Investing in the digital realm, like crypto, can also be destroyed, especially if something unexpected happens, like a nuclear war or something similar. And keeping money in property is clearly not completely safe, because if the world is in chaos, especially if there's a natural disaster, everything could be destroyed.

So,, I feel like we need to be careful about storing our wealth, but we don't need to be overly paranoid, which can lead to confusion. Basically, we should be able to enjoy every moment we have right now. After all,, true wealth is what we can experience right now. So, don't overly worry about things like this, because we can only plan and can't know what will happen to our future. So,, stay calm and be careful, don't be reckless. Because that is what we need to do right now.

[demonica]

Natural disasters and wars cannot be prevented by ordinary people. And it's true that our assets could possibly get destroyed during these events. But would it really matter at that moment when our lives are at stake? Worrying about your assets during these moments are probably the least we would be worrying about. But I get that we can do something to protect ourselves and our assets when these events happen. Crypto is one way as it cannot be destroyed physically by wars or natural disasters. But physical assets like property and cars are also essential for our daily lives so even if it can be wrecked during disasters, we still buy it.

So instead, we can invest in both. Physical assets for our daily usage and needs, while crypto for long term and future use. But rather than stablecoin, why not invest in Bitcoin right?

[G_Besar]

That make sense.
I agree to you that there are ways of doing it and it's possible for everyone to diversify because they can.
And the actual is about them really wanting to diversify or not. When they can do it, they'll do it.
But, if they don't want to do it then they are not going to do it even they have the option to do.

This kind of thing is more of an individual desire, because people who are conscious of doing their best for themselves will never wait for others to force them to do it. They will do it themselves, without anyone telling or reminding them. So, this kind of thing clearly stems more from individual desire. Even if they have the ability to do it, if the desire isn't there, it won't happen, even if others realize that diversification can be good for anyone who wants to do it for better results in the future.

[Cyber_warrior]

How sure are you that rapture will come will take away investments, is there any analysis that clarified that we are expecting natural disasters anytime soon?

This life is not predictable, we can’t as well rely on stable coins you mentioned, you will not have full control of your wealth, it is better to decide how to be safe, which I think is the main reason why we have Bitcoin as a savior.
Investing in Bitcoin save you all the stress, you are in control of your Bitcoin yourselves if you invest hold Bitcoin in your personal wallet where you have the seed phrase under your control, you can avoid so many problems which include third parties and so on.

Although disasters are natural, we can’t avoid them, but we can keep our seed phrase safe to the best we can, if we try, we can avoid losing our seeds to some extent that even if the natural disaster comes, we can still have them if it is not that much that involved earthquakes, there are saving methods that can survive fire outbreaks, if we can engrave our seed phrase in a metal plate, although it is expensive, but if your Bitcoin holdings is huge, you need to take any measure to keep your seed phrase safe.

That's just it. It's not everywhere that natural disasters occur frequently so not everyone will be brothered by it.
OP probably is not aware of the benefit of holding Bitcoin instead of stable coins. Bitcoin is able to give you more value when you hold for long but some people are more concerned about it's volatility that's why they think Stable coin is a better choice.
The advantage of holding a digital investment is the chance of not losing your investment completely if you keep your seed phrase properly in multiple locations.

That make sense.
I agree to you that there are ways of doing it and it's possible for everyone to diversify because they can.
And the actual is about them really wanting to diversify or not. When they can do it, they'll do it.
But, if they don't want to do it then they are not going to do it even they have the option to do.

This kind of thing is more of an individual desire, because people who are conscious of doing their best for themselves will never wait for others to force them to do it. They will do it themselves, without anyone telling or reminding them. So, this kind of thing clearly stems more from individual desire. Even if they have the ability to do it, if the desire isn't there, it won't happen, even if others realize that diversification can be good for anyone who wants to do it for better results in the future.

Everyone know what's best for them and what their desire is so it's totally left for each individual to decide on what to do. Some might have the desire to diversify and some may not see the need to do that because they probably think they're okay with one thing and doing others is a waste of time and resources. Diversification is good, it allows one to not rely on just one investment but not everyone is comfortable with it.

[Hyphen(-)]

How sure are you that rapture will come will take away investments, is there any analysis that clarified that we are expecting natural disasters anytime soon?

This life is not predictable, we can’t as well rely on stable coins you mentioned, you will not have full control of your wealth, it is better to decide how to be safe, which I think is the main reason why we have Bitcoin as a savior.
Investing in Bitcoin save you all the stress, you are in control of your Bitcoin yourselves if you invest hold Bitcoin in your personal wallet where you have the seed phrase under your control, you can avoid so many problems which include third parties and so on.

Although disasters are natural, we can’t avoid them, but we can keep our seed phrase safe to the best we can, if we try, we can avoid losing our seeds to some extent that even if the natural disaster comes, we can still have them if it is not that much that involved earthquakes, there are saving methods that can survive fire outbreaks, if we can engrave our seed phrase in a metal plate, although it is expensive, but if your Bitcoin holdings is huge, you need to take any measure to keep your seed phrase safe.

That's just it. It's not everywhere that natural disasters occur frequently so not everyone will be brothered by it.
OP probably is not aware of the benefit of holding Bitcoin instead of stable coins. Bitcoin is able to give you more value when you hold for long but some people are more concerned about it's volatility that's why they think Stable coin is a better choice.
The advantage of holding a digital investment is the chance of not losing your investment completely if you keep your seed phrase properly in multiple locations.

Yes, and holding the stable coin cannot also save them from the disaster as well, so what’s the point of holding a stable coin that will be stable and centralized at the same time, when I can buy Bitcoin and make profit after some times. Holding stable coin to me is still the same as give your asset ownership to third parties, you don’t have control over your wealth, but Bitcoin will store the value of your investment and you will make profit from the investment. We don’t pray for natural disaster, but if we hold our Bitcoin in a non-custodial wallet and seed phrase safe, we can still access our investment anytime as kind as we are alive and still have access to our seed phrase.

[batang_bitcoin]

Well, Warren Buffett also holds a huge amount of money. Apparently, he’s waiting for the markets to crash. When such a shrewd person is sitting and waiting with a huge amount of cash, that’s already a sign that a collapse is coming. Why stablecoins on Solana? Apparently, it’s OP’s personal preference.

He's got cash for a reason and that's to buy discounts whenever he sees that the market will crash. And for solana as preferred network for stable coins, I don't like that option. There have been plenty of times that the network has been halted and did faced some problem, you don't want to have the stable coins that had troubled.

[fredericktaylor]

stable coin cannot also save them from the disaster as well, so what’s the point of holding a stable coin that will be stable and centralized at the same time, when I can buy Bitcoin and make profit after some times. Holding stable coin to me is still the same as give your asset ownership to third parties, you don’t have control over your wealth, but Bitcoin will store the value of your investment and you will make profit from the investment. We don’t pray for natural disaster, but if we hold our Bitcoin in a non-custodial wallet and seed phrase safe, we can still access our investment anytime as kind as we are alive and still have access to our seed phrase.

I agree with you, investing in stable coins is not enough to save from suffering, we must invest somewhere whose value will not decrease but will gradually increase and it must be completely decentralized which will be completely limited to the control of one person through which a person can save from suffering. By investing in Bitcoin, an investor can save from suffering but must save the wallet and seed phrase seriously or consciously because if there is no seed phrase then we will not have all the coins in our wallet so it is very important to save the seed phrase consciously.

[GeorgeJohn]

Wars natural disasters predicted this year can wipe off your wealth cars properties and so smart way is to rent if you not so rich or invest physical locations where you natural disaster woun't destroy your property.

If you're living in place where natural disaster destroy things, you can't make away or run away with it..it's a natural occurrence and it doesn't have any amendments...Secondly, you can't because of natural disaster and run away to your responsibility and your needs when you needed it...

We go rapture times when yes many will lose a lot wealth too because most of wealth not even real.

Crypto specially stablecoins are best off course USDC on solana.
When my wealth in usdc or i can distribute between usdc euroc or tgbp wich are best stables i sleep well.

I want you to understand that theirs no investment that's not good, the only thing is you have to know the kind of thing you will invest that will yield positive to you....We have varieties of investment so you can decide on the one you know better, as you prefer stable coins because of losses, they're people who also invest in bitcoin because of future increment.

[Iamgoat]

Yes, and holding the stable coin cannot also save them from the disaster as well, so what’s the point of holding a stable coin that will be stable and centralized at the same time, when I can buy Bitcoin and make profit after some times. Holding stable coin to me is still the same as give your asset ownership to third parties, you don’t have control over your wealth, but Bitcoin will store the value of your investment and you will make profit from the investment. We don’t pray for natural disaster, but if we hold our Bitcoin in a non-custodial wallet and seed phrase safe, we can still access our investment anytime as kind as we are alive and still have access to our seed phrase.

I understand the best approach towards storing Bitcoin is none rather than using the noncustodial method where you store it on your hardware wallet and have the seed phrase and the private key heavily protected using different available techniques, however storing bitcoin in a noncustodial wallet is not the only way despite being the safest. You can still store on exchanges but let the amount you are storing on your exchanges is more temporary and less protected. For long term sake, I will stick to the non custodial wallet

[EFS]

Wars are always happening somewhere in the world. One day your own country could end up in that situation too. Taking precautions to protect yourself and your family is a good thing, but I don't think the best way to do that is by holding USDC on the Solana network.

I trust my Bitcoin wallet more than any stablecoin on any network. Of course you can hold stablecoins for diversification, but they should make up only a small portion of your holdings.