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18058300 No.18058300 [Reply] [Original]

Living in Europe, worried that my currency will plummet in value because of this coronavirus bullshit.

Jw if I should buy Bitcoin before my currency is completely worthless?

>> No.18058578

Wait a few months for the bottom. The currency devaluation will take some years to hit, just like in 2008.. Crypto however will get hit hard by the incoming cash squeeze (year long quarantine, people losing jobs and having to sell assets to live/pay off debts).

>> No.18058858

>>18058578
What about the halvening?

>> No.18058873

>>18058858
priced in when we were at 13k

>> No.18058882
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18058882

>>18058300

>> No.18059168

>>18058578
this poster is retarded ignore him.

>>18058300
just go for bitcoin. if you can grab some physical gold get that too.

>> No.18059196

>>18058858
the halvening is important, but the previous 2 had no effect on the immediate price. bullruns only started like a year later.
do not try to time the crypto market. but do try to time the fiat market. do not keep wealth in fiat. it was always a bad idea but right now it's literally playing russain roulette.

>> No.18059288

>>18059168
>just go for bitcoin. if you can grab some physical gold get that too.

I don't have much, I have about $1000 USD to spend, maybe more if my parents will give me some of the money they've been saving for me (but I doubt it, they're retarded boomers who think I'm just trying to win it big in penny stocks).

Still worth it?

>> No.18059338

>>18059288
tell ur parents to buy gold for the money they are saving up to give you. even boomers understand gold.

put the 1k in btc. don't get tempted to trade. just don't. play with fictionary money if you must. 1k is so little, there's no learning-buffer there due to size of minimum trades.

>> No.18059364

>>18058300
Bitcoin is about to go to zero, but hey, if you want to lose everything then buy some.

>> No.18059376

buy gold

>> No.18060511

>>18059168
physical is awful it's illiquid a fuck. go ahead and try to sell a con at these prices to a merchant! you can't. they will sell you theirs alright.

>> No.18060687

>>18060511
you're retarded. in most countries it's impossible to buy physical gold now since the borders closed. you can literally sell your bullion ABOVE spot price rn to official dealers because they can sell it right away for a lot more

>> No.18060699

>>18058300
Buy it. This is the end.

>> No.18060716

>>18060511
and illiquidity doesn't matter. whatever the "liquid" commodity will become will be exchanged for gold too. yeah gold is not currency, but it's a damn excellent investment right now.

>> No.18060924

>>18060699
feet

>> No.18061011

>>18058300

please indicate to the class what goods and services Europe has provided the globe the last 20 years or so, gloating about your GIBs system is not a good or service, we will wait.

>> No.18061053

>>18061011
nothing. that's what i'm worried about. italy wouldn't be as pozzed rn if they actually manufactured health products themselves

>> No.18061063

>>18058300
yes. treat your btc holdings like a savings account.

>> No.18061230

>>18058300
nice teeth