https://steemit.com/market/@underground/emergency-economic-alert-emergency
I laid out a case at the link above, that the traditional Financial Markets are ripe for a collapse. We have several indicators that say it is imminent. But, most investors also know that the alternative markets tend to really take off when the stock markets take a beating. Precious Metals, for one, and now we have Crypto Currencies. I believe that the Cryptos will catch a lot of the fleeing Dollars, Euros and other fiat leaving the stocks. Right now the cryptos look like a bargain. I suggest being steady in the cryptosphere, and maybe even reinvesting a bit. That is my strategy...
Once this stock market collapse happens, the "CHASM" of crypto FUD will evaporate.
We are, for the most part, EARLY ADOPTERS. Are you now "Bailing Out" or Preparing for a big MoonShot? 😎
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NOM-NOM-NOM!
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I'm in the yellow but I'm a non-investor for philosophical reasons. I encourage PMs as sound physical savings, cash for everyday physical currency, and cryptos as sound nonphysical currency or investment. My opinion is that we are currently at or near a low for most cryptos.
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The Natural Curve maybe indicates BTC and all the alts dropping for nearly another year, before it really gets crazy and runs up like it did to 20k for Bitcoin. (much higher this time!) This is due to the Web-Bot report, which measures overall internet thought patterns of the entire WEB. But it also does not account for factors "coming out of nowhere" and rocking the markets. Deutsche Bank is one that the Web Bot operator and creator Clif High cites, he says that if that bank fails then the collapse will happen immediately and the cryptos will go vertical. I am like you, mostly a non-investor, I am actually "hedging" my bets and protecting my retirement. I do need a safe haven to roll over about 6 figures and pretty soon... I really hope they maintain the Status Quo until next Spring, I am praying for about 6 more months of stability, if not more!
All I am saying is if one can AFFORD to move a bit more out Ca$h, it is a good time :)
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"Hope for the better, prepare for the worst."
PMs, Cryto, Food, Weapons, good friends, and Prayer.
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Don't forget ammo for the weapons...
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Guns are basically illegal in Canada, I'm stuck with only a replica. However, I trained in kenjutsu and the Japanese martial arts, I own several Japanese swords and related weaponry.
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Hand to Hand, she defends Family & Land...
Show us that video of "pumpkin slicer" please :-)
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Oops, wrong one.
And I'm out of Pumpkins.
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😁 😂 🤣 😃 😄 😅
TY Miss Pirate Lady
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Buying more silver monthly...
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NICE! I am adding Gold as well, but Silver is my mainstay...
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it's about trying to figure out which crypto tech / approach will be the winners
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