Quote from: KingsDen on September 05, 2023, 09:29:30 AM

Quote from: 19Nov16 on August 21, 2023, 03:16:03 PM

There is no safe place when a crisis occurs, many people think too much about Bitcoin, what we must understand is the concept of decentralization such as bitcoin of course also prone to drop when inflation occurs, it is better to save large amounts of assets in trusted commodities such as gold, Land and so on, and making cryptocurrencies is an alternative investment so that it does not make us panic when a bear market occurs.

It is true that many people think much about bitcoin and the way they present bitcoin will make you think that bitcoin has been right from the beginning of the world and it will be till the end of the world. Nothing lasts forever including bitcoin, but there are things that have been proven to have stayed for very long and will continue to be in the economy for very long such as the gold that you mentioned.

The topic creator talked about the upcoming economic crisis and I wanted to read where he got the information from because the economic crisis that is hitting the world especially developing countries is worse and if there is more to come, that should be hell.

Not all places or countries around the globe would really be suffering such economic crisis on which there might be places which do suffer but it wont really be that 100%. Economic crashes? Its never been new and as an individual then it would really be just that wise if you had already made out yourself that prepared for whatever things that would really be happening. Bitcoin could neither be or not as your safe haven but considering that we do speak about risks then there's no exemption and its true that there's no such thing about assurance on this world on which it would really be that still have the possibilities whether it would be still existing in future
years to come or not. Speaking about saving up your @ss in terms of problems then it would really be still that depending on how much you had invested of course and not really expecting something in return if you are
really just throwing up some few bucks on your Bitcoin holding or stash. This is why its better to be realistic if you do think up this way. Yes, it does have the potential that it might last long but doesnt mean that getting
rich with small amount of investment would really be happening into. Always put up into your mind that financial stability and sustainability would really be that not something an easy state for someone to reach or
acquired. It would really be taking lots of works and considerations too.