/biz/ - Business & Finance

Hi fellas, I'm still relatively new to the space. Wanted to ask whether it's still a smart approach to buy into Bitcoin? Apologies for the noob question, however I'm about to dca £1000 and perhaps more into BTC.

I've been doing my research, but it'd great to hear some advice. Cheers

I am a normal working class person.
I do not own stock, I do not trade. My mother recently died and I find myself thanking god sometimes because she was too good to live under the current state of things.
I have been working extremely hard to pull myself out of destitution. I worked my way up till I found a good job that pays a wage that pays my bills and a small room that I share with some friends. I, have, been trying to save to actually get my own apartment and I am/was very close. Some family friends of mine lost their house recently I have been helping them get by to return the favor of them helping me get off my feet.

I come to you positing a question: Hypothetically, in your opinion, in the event of the stock market going into a depression; what should I expect as a person.

Are soup lines going to be my greatest concern here? Or, are things going to be worse in the current state of things? Am I going to die?
How bad are things actually going to get for people like me?

I haven't been able to stock up on anything because I have literally been working during the panic. The money I do have goes directly to bills. I probably would have dumped my savings in to a store of food, but, alas I was too late...

What do you guys think?