Back in 2008, I was an uni student, professor introduced the subprime financial crisis to us, but I feel nothing about it in China as a student. Professor also advised that the financial crisis circle is every 10 years. Now we are 4 months to get there 2018. What would be the cause of it this time ? You can hear all different voices from all around the world, some advised it will start from China and spread to the whole world, some stated this time it might lead a major bank fail, or a war breaks out, a natural disaster takes place or a cyber–financial attack gets carried out that sparks outright panic.
Also if it happens this would be the first time we have blockchain currency as an investment on the market.
Where would the value of the blockchain currency price go ?
I am not sure but if it happens I assume wealth might be tied up in digital form, such as stocks, bonds, money-market funds and bank accounts, is that it's too easy to be frozen.
So some have made a switch to hard assets such as gold, silver, fine art and land.
Would you hold the wallet ? Or buy more next year when it goes low? Or it will keep on climbing up ?
I am delight to hear your feedback below :)