Quote from: Cling18 on October 20, 2022, 02:25:26 PM

Quote from: Oceat on October 19, 2022, 11:58:33 PM

Perhaps most people didn't know it yet on how to secure their money when/during a global recession. Only few people have the knowledge of securing their money by investing lands and metals in the past but for now it's different since we have bitcoin already. But it's not for everyone when talking about investment about land and metals but thankfully we have bitcoin today and poor people have the chance to invest their safe money, although the problem may rise due to needs and wants.

It's better to save and invest to keep our money safe and to have good preparation in case a global recession occurs. The inflation crisis is already hitting us hard and having enough savings and profitable investments would make us survive in case the situation gets worse in the future. Bitcoin is really an advantage but I hope that everyone would be aware of its importance. It will definitely help us survive the recession period.

If things get as bad as some believe they can get then at some point a great deal of the population of the world is going to know about bitcoin, but by the time they decide to invest in it it will be too late and it will be very expensive and their paper wealth would have gone down in a dramatic fashion, it is because of this that it is important to invest in bitcoin now that its price is still reasonable as we do not know when we will have the opportunity to do this again.