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/biz/ - Business & Finance


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10370835 No.10370835 [Reply] [Original]

Will you continue with your shit coins, stocks, gold? What will you do?

>> No.10370915

>>10370835
Not give a fuck since I have so much money it literally will not affect me other than to make me look even richer next to all the newly poorer keks.
>yfw the rich taste this, the real redpill everyday

>> No.10370950
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10370950

>>10370835
Continue working as a dentist and accept that I will make a little less profit because people will always need healthcare.
The only dentists whose offices closed during the last recession were people who had like 90% overhead so I'll try to not be that retarded.

>> No.10371004
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10371004

The last recession started in 2007/2008 but commodities didn't peak until 2012. The best move would've been to sell stocks and buy commodities in 2007, and then sell commodities and buy stocks in 2012.

I'm hoping that in the next recession bitcoin will perform similar to commodities. Therefore my plan is to wait a year or two into the next recession, and once bitcoin goes up enough and stocks go down enough, trade my bitcoin for stocks.

>> No.10372085
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10372085

>>10370835

> Almost have mortage paid off
> Stocking up on Bitcoin
> Stocking up on Gold
> Still maxing 401K, IRA, HSA

Hopefully in a bad recession gold and Bitcoin are jumping. Then put some of that money and since there are no mortgage payments all that free cash flow into cheap equities. Maybe even purchase a rental if the housing market collapses.

>> No.10372129

>>10370835
I'll swim out past the breakers
And watch the world die

>> No.10372473

>>10370835
smoke weed like usual

>> No.10372673

>>10372085
Why would bitcoin increase? People would be cashing out as soon as a recession hits.

Let’s face it most of cryptos value is speculation.