[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 571 KB, 2560x1600, 234419.jpg [View same] [iqdb] [saucenao] [google]
9242795 No.9242795 [Reply] [Original]

Imagine this scenario:
> You 100x your money.
> You cash out and start living great
> Crypto continues to rise
> USD/EUR starts to hyperinflate
> Bank runs
> Your money is now worth 99% of what it was when you cashed out
> USD/EUR collapses
What do you do?

>> No.9243039

I shrug at my 1% loss and carry on

>> No.9243065

>>9243039
This

>> No.9243078

>>9242795
You win some and lose some. Besides if i ever got 100x i would only take out 60% if not less.

>> No.9243086
File: 25 KB, 539x540, 1524594860228.jpg [View same] [iqdb] [saucenao] [google]
9243086

>>9243039

>> No.9243114

>>9242795
The US immediately reverts to the gold standard and pegs the dollar to it. I 10x my conservative gold-based stock holdings overnight. I continue to live my life and be happy. This will happen within the next 10 years.

>> No.9243121

>>9242795
>>9243039
>>9243065
what is this post even. how is this even a question?

>> No.9243140

Op meant that your fiat loses 99% of its value

>> No.9243718

>>9242795
Cash out to a gold/silver seller. Obviously

>> No.9243727
File: 38 KB, 413x395, 1519131768407.jpg [View same] [iqdb] [saucenao] [google]
9243727

>>9243140

>> No.9243731

>>9242795

Kill myself.