Quote from: Fies7aa on October 23, 2018, 09:07:08 PM

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.

EDIT:

Lets take a look at the stock market from all over the world. This is a period of 52 weeks (1 year) as you can see almost all market exchanged went down some points. Except for a few e.g Russia. What russia has bin doing the last decade is buying 200 tonnes of gold every year. I'm not a economic guru, but I can safely say that this is not okay.

EDIT:

Quote from: Sarastiche on October 25, 2018, 10:38:43 PM

Economic crash is a norm, but your submission is not base on any statistical data, no need to panic, but better to play safe as an investor, I ensure I spread my investment portfolio beyond cryptocurrency, You must realise that during recession some sector are always still bouyant and lively, Real esatate/property development is a sector to watch out for.

I agree, but isnt the real estate/property sector one of the biggest? Properties rise but paychecks does not, what happens if youre not able to pay the mortgage because the place where you work went bankrupt? Now multiply that with a nation.

Theres a banker I know personally (has nothing to do with prediction just to make it clear) she told me that it went very great at the bank she works (ING dutch bank) lots of mortgages where handled out. This was 7 months ago...

More mortgages = more chance to not able to pay it off due loss of work or some other reason.

To me its a ticking time bomb with no timer on it, its just sits and wait till shit hits the fan. The onnly thing we as investors can do is have some kind of backup plan ready for this kind of doomsday.

May happen in 2019, it may happen in 5 years.

EDIT:

"Everything is fine, there is nothing to worry about"

This is the prediction of 2019 the economic crash.But l still believe that there are some bounties that will give us payment to provide our daily needs.lts too hard to expect but there's a hope in every positive expectations to have a big miracle and mercy from God.