A friend of mine told me that his dad (successful investor) their prediction is that there will be a economic crash in about 1.5 years from now. I think that it could be plausible.
Now what if it happens somewhere around that time. A lot of stocks will go down, also the house market will go down into the ground and buying a house with a mortgage will be with sky-high interest.
If and I say IF it happends will it be a good idea to buy bitcoin before the crash or will bitcoin crash like the others. There are a lot of factors going on. Like Renting a place out for the BTC miners ECT it will have a expensive tag to run and operate the blockchain during a crash.
Anyone any toughs? Also where are you going to put your BTC/cash into?
I mean just look at the house market here in the Netherlands. It skyrocketed so fast.
Now what if it happens somewhere around that time. A lot of stocks will go down, also the house market will go down into the ground and buying a house with a mortgage will be with sky-high interest.
If and I say IF it happends will it be a good idea to buy bitcoin before the crash or will bitcoin crash like the others. There are a lot of factors going on. Like Renting a place out for the BTC miners ECT it will have a expensive tag to run and operate the blockchain during a crash.
Anyone any toughs? Also where are you going to put your BTC/cash into?
I mean just look at the house market here in the Netherlands. It skyrocketed so fast.
There was a lot of crashes and crisis from 1972 even
My personal opinion is that last one didn't finish even
last crash was done to create more debt and virtual money
More and more debt more and more globalization and more and more problems
Biggest i see are climatic changes
There are estimates that will be tornado nr 5 6 300km/hour wind can destroy all areas
That so strong win can appear for example in Persian Gulf
places like Dubai is not ready for that
Now imagine Dubai to become new Atlantyda