/biz/ - Business & Finance

>>56629497
Sonny, you CANNOT touch bitcoin

>after economic collapse top is worth 0
>after economic collapse bottom is still worth bottom.
You invest in metals to safety net, not to make money.
Ideally after making it I’m putting half my savings in gold and the other in a nice interest rate to live off of

>>56629617
>After economic collapse I'll finally have sex

>>56629497
they're generally preppers and yes, they collect rainwater without any explainable reason

>>56629497
In white countries, we put the $ before the number
>$100

>>56629911
>In white countries, we put the $ before the number
then you explain USA?

>>56629861
I collect rainwater to water my plants in the summer. Not a prepper tho,just greedy

>>56630548
Burger here, no one outside the most base illiterate retard does that

>>56629861
You don’t? I live next to a desert, it’s more a necessity

>>56629497
How much BTC was used to make the computer you're using to post that? None? Thought so. Now how much silver and gold were used? Crypto doesn't exist without computers. Computers don't exist without PMs. You have to have a room temperature IQ to think PMs are bad, or you're a paid shill.

>>56630596
>How much BTC was used to make the computer you're using to post that?
0.01 is enough.
I send it to some dude and he hires guys like you to do it for me.
thanks
no tip though

>>56629617
>You invest in metals to safety net, not to make money.

>>56630596
brainlet take, explain how does it invalidate OP's point

>>56629497
Why not just invest into drugs, guns and ammo? Intoxicants and weapons alway retain value and jump in value once SHTF

>>56630626
It's trading paper debt for real money.

>>56630628
Crypto isn't necessary. PMs are.

>>56630555
>>56630589
>collecting boomer rocks
>collecting rain water
>accumulating bullets
>acquiring survival skills
>reinforcing fences all day long
>hurrrr durrr when society collapses I need to protect my family
Spotted the preppers

>>56630670
>nooooo you can't be prepared to live off the grid
>you just can't ok?!
Jelly that prepping is illegal in your country?
OPEN BOARDERS FOR ISREAL!

Actually, it should be turning $100 into $90 because you get raped by premiums.

>>56630758
>implying
Estate sale Sterling master race.

>>56630626
>nooooooooooo goyyy
>don't get rich!!!

>>56630668
Again, no one is talking about necessity. We are talking about investment returns. It's also debatable what's necessary, the only thing that's truly and always necessary is clean water and food

>>56630956
>clean water
Silver is used for water purification. Can't do that with crypto.

>>56630956
Now you're missing the other anon's point. There's more reasons to trade precious metals than investment returns, which invalidates OPs argument. Holding crypto long term is retarded. If you're holding it for any less than the bottom to the top then you're an idiot. Putting crypto gains into gold and silver is the best way to hold money because then it's value grows enough to beat inflation and will withstand any form of economic collapse.

It's better than keeping your savings in fiat because fiat depreciates in value and is vulnerable to economic crashes which happen fairly often.

>>56630967
>Silver is used for water purification. Can't do that with crypto.
*buys 10000 water filters, with 1 Bitcoin*
whoops

>I am a retard, I do not understand trade, economy or the invention of money

>>56629497
Honestly this meme is pretty high quality by Indian standards.

>>56630596
Metals are natural ressources, not money

>>56631056
The fact that you talk about crypto and not bitcoin makes you look retarded. Btw metals are inflationary (supply always increases) and not digital

>>56631676
If you held bitcoin after it reached 60k then you're the retarded one.

Holding any form of crypto for longer than a bullrun is just an idiot move. Especially when it's so cyclical you can set your watch to it.

>>56630596
How much gold was used to build an african nigger's hut? Alot? Thought so. Now how much mud was used? Mud doesn't exist without water. Water Doesn't exist without Oxygen. I'm strangling you right now.

>>56629497
>silver currency invented as a means to break up larger denominations of gold and for smaller purchases
>boomers think its gonna magically explode x1000 because MUH ELECTRONICS
lal mayo

>>56631717
>If you held bitcoin after it reached 60k then you're the retarded one.
will you be saying that after Bitcoin reaches 600k?
Of course yes, but under different ID, anon.

>>56631728
>How much gold was used to build an african nigger's hut
You're a retard. COMPUTERS. No computers are made in Africa to begin with. You have a computer and a cellphone, gold and silver are REQUIRED to make those. Mine BTC without a computer... you can't.

>>56631747
It's cyclical. It's a pattern so obvious a monkey can see it. Besides that, if you never sell because you're always chasing a higher number, then you don't really have any gains anyway.

>>56630804
no one has ever gotten rich investing in metals unless you buy some levered play like a miner lol

people who bought silver in 2011 still down bad, should've just bought crypto LOL

>>56631770
>You have a computer and a cellphone, gold and silver are REQUIRED to make those
computers can be made without these anyway
and no one cares, you retarded boomer

>>56631784
>people who bought silver in 2011 still down bad, should've just bought crypto LOL
yeap

the amount of metal-retards found in this thread is amazing

>>56631824
just remember there was a period up until early 2017 when an ounce of gold was still worth more than one bitcoin

that flipped and never, ever looked back.

>hurr durr da crypto is worth more!
Yes, yes it is. It is also irrelevant. Anyone who buys metal hoping to "get rich" is retarded. The sole purpose of buying stuff like gold isn't to sell it at a later date its to keep it in case the currency goes kaboom or a solar flare turns all computers into paperweights or some other gigantic event.

Alternatively, Land is also a good alternative. Or ammo.

>>56629601
Not without a tron bike. They're faster than you think.

>>56631784
>measuring silver from its 2011 ath
wow. now do link from may 2021 plz

>>56630626
Literal NPC

Silver has immense potential but it's heavily manipulated and weighed down by Wall Street.

>>56629617
fucking preppers are so deranged it's not even funny
just play survival games on steam like everyone else retard

>>56629601
but you can hear it
https://www.youtube.com/watch?v=t0NtMIsVp3w

;)

>>56632300
>Silver has immense potential but it's heavily manipulated and weighed down by Wall Street.

>immense potential
at moooooooooost going up like 5% against inflation

LOL

>>56632718
>5% against inflation
>still thinking in terms of fiat
>has delusions about scarcity
I think the heat from those crypto miners damaged your brain.

>>56632872
>>5% against inflation
>>still thinking in terms of fiat
wow, he didn't even understood "against inflation" means I was comparing purchasing power.
what a brainlet. common case among metaljews and nocoiners

>>56633246
>purchasing power
Put all your cash into crypto then. Don't buy silver or gold. You will own nothing and be "happy" :^)

>>56633339
>You will own nothing and be "happy" :^)
Bitcoin is the only thing a man can really own - no one can take it from you even if they break into your house.

And you can exchange it for anything nowdays.

You would have to be a total fucking idiot to not understand what WEF's "own nothing" means - it means for example everyone uses their CBDCs that some jew can take away with a click of a button, because it's a private chain instead bitcoin's chain based on open/public PoW.

>>56629497
Every rich man should have at least 5% of their net worth in metals. While metals perform terribly they are meant as a safe haven in case of societal collapse where all your assets go to zero