/biz/ - Business & Finance

I didn't even think of it that way. They're destroying the USD in the hopes of merely combating the deflation from the coronavirus

shhhhhhhhhhhhhhhhhhhhhhheeeeeeeiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiittttttt

so what's actually going to happen here is that once corona blows over, hyperinflation will kick off, which is where owning Bitcoin and gold will become important. So, they may be declining now, but they actually will go up after corona is done despite the fact that there's more to this situation than just corona (the debt crisis)

sorry if everyone figured this out already, I'm a little slow. Anyways, buy bitcoin and gold, if not now then soon

>>17850332
Dude you literally have been brainwashed by memes. Why would I buy gold and bitcoin. A give me a legitimate answer

>>17850376
because they're both hedges against hyperinflation

if you don't believe that's true about bitcoin, then just buy gold. Bitcoin, like always, has more potential upside, but more risk. Gold as I see it is almost purely for risk management and not really a "get rich" speculative asset

>>17850376
Will spike very soon so buy now when its low..

they need to shut down trading at this point
re-open after the quarantines

Why isn’t my SQQQ going up accordingly??! Or is it going up but I bought so high that it’s insignificant :( (31$)

>>17850432
Why is gold a hedge? You can’t trade with it as fluidly as you can with FIAT. Good luck eating your gold when the markets collapse

>>17850498
>Why is gold a hedge?

Well you're just fucking with me now aren't you?

>>17850432
Other anon doesnt understand that if btc collapses that means the entire global economy has collapsed. In that case no form of currency matters.

>>17850376
Here's you answer in 1 picture. Paper money isn't worth the paper it's printed on when the collapse comes.