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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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10670307 No.10670307 [Reply] [Original]

Turkfag here. as 1 dollar approaches 7 liras, what should I do to kill myself?

>> No.10670320

>>10670307
Buy as much gold and silver as you can afford

>> No.10670329

>>10670320
what about btc and eth?

>> No.10670337

>>10670307
Buy BTC and crypto quick

>> No.10670351

Buy bitcone and chainlink before the Lira shits the bed completely you brainlet

>> No.10670360

>>10670351
I have 11k LINK already. I have 23k Lira, should I buy BTC with it then tether up as dollar substitute?

>> No.10670363

>>10670307
Buy anything and everything that you can....lira is about to go bye bye

>> No.10670370

>>10670363
Get also supplies... You'll trade all you have for a loaf of bread when you get hungry.

>> No.10670373

>>10670329

btc sucks don't bother. BTC only has a name going for it. Grab some BCH instead. It has real use and a better community backing it.

>> No.10670377

>>10670329
I assumed since you were here you already had some, but yeah if you want buy more of those too. Get at least some precious metals though since I doubt Turkish normies will want to trade you food for crypto.

>> No.10670378

Uh, I'd buy a plane ticket if I was you.

Retard leader+rapidly crashing currency=venezuela.

>> No.10670390
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10670390

>>10670307
buy a gun, apply to forehead as needed

>> No.10670391

>>10670307
Do the exact Opposite what turkish Hitler does

>> No.10670397

>>10670360
And Food you dumbass Crypto and food

>> No.10670401
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10670401

fellow turk here. I am all in Link. Can't perform any worse

>> No.10670410

>>10670401
Kek

>> No.10670434
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10670434

>>10670401
I also have REQ and VEN, the JUST trio

at one point in January my portfolio was worth 45k dollars which was about 180k liras. If I'd have tethered up back then and held till today, I'd have 315k liras

JUST FUCK MY SHIT UP

>> No.10670478

>>10670320
Serious -I told Russians this on Krautchan before sanctions and Venezuelians after oil shit the bed. Get into dollars or gold/silver or something.

>> No.10670512

>>10670329
Lol

>> No.10670529
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10670529

>>10670307

>> No.10670535

>>10670307
Invest in Ruble.

>> No.10670545

>>10670307
this is uniroincally what crypto/gold was made for

>> No.10670561

>>10670478
It's easy to say, but access to gold and general investment vehicles is under-developed in third-world countries. What ends up happening, you CAN buy gold with a 20% premium, but that doesn't feel good, even though it makes economical sense - you subconsciously don't want to feed bankers with those crazy fees. Yes, it's easy to say after the fact that those 20% would leave you with more money in the end, but really hard to swallow in the moment.

>> No.10670562

>>10670545
Something like 70% of Turkey is rural and has no interwebz though.

>> No.10670573

>>10670360
OP buy bulgarian levs

>> No.10670577

>>10670561
Yeah I know it’s stupid-I talked to a Bernd from Belarus who said private ownership of gold was pretty much illegal. You’d think countries would encourage their people to have hard assets to make the country less vulnerable to currency raids.

>> No.10670586
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10670586

lmao I just checked my history. I bought 0.25 btc with 7000 TL in november. Now I can buy 0.47 btc with 20000 TL

fuck me I'm fucked so fucking fucked

>> No.10670602

https://twitter.com/zerohedge/status/1029000488933580800
Turkey starting to ban shorting

UPTICK RULE TO INCLUDE BIST-100 STOCKS WHICH MAY BE SHORT SOLD

>be turkey

>> No.10670606
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10670606

>>10670307
Buy USD/EUR/Property, only have enough local currency for monthly needs. It will only get worse as people will start relaizing what's going on and panicking. Banks will stop selling USD. Local currency exchanges will start to increase even more to subside future loss.
t. Ukrainian who lived through several hyperinflations

>> No.10670616

Bulgarian fag here, how will this affect us?

>> No.10670619

>>10670577
Nah you don't understand CIS in general and how it functions. Let me put it simple, function of the government is not to operate and develop the country, function of the government is to make ruling mafia rich. Once you start thinking about CIS in this fashion everything will click. We're NOT interested in good wages. How will oligarchs make a profit then? We want a 7-8% inflation, very cheap means of production and economical stability (for federal-level businesses). Not for a citizen. If citizens had savings, or alternative income - like from small businesses, stocks, etc - they would have time to engage in politics. We don't want that.

>> No.10670628

>>10670307
please tell your shitskin relatives to leave germany before you off yourself achmed

>> No.10670631

I remember living out in Northern Cyprus in the mid nineties. 10 thousand Turkish Lira for a loaf of bread. I think 20 million was the biggest note. Hopefully this doesn’t happen again. Of course I love Trump the greatest American president but he has to understand that last thing you want to do to the Turkish people is piss them off, turn them anti American and radicalize them. And fucking with there money could do that

>> No.10670640

>>10670616
you need a wall Bulgarbro

>> No.10670651
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10670651

>>10670307

You guys are fucked. Plain and simple. I would suggest following your plan to tether up or at the very least try to buy USD although I understand that’s getting harder by the day. The sharks are swarming right now to exploiut your situation in global markets. Best part for you guys though is if you live through the impending financial you will bounce back very quick vis a vis the Asian financials crisis’s of the 90’s as you have a very strong economy still, with impressive economic growth despite the high inflation rate.
If you really though the situation was critical you could long USD against the Lira and at least make heaps while your currency crashes into oblivion.

I wish you the best of luck regardless Turkroach

t. Geopolitical consultant

>> No.10670652

>>10670631
I don't think it's possible to radicalize Turkey. Maybe in 20 years.

>> No.10670653

>>10670434
damn son

>> No.10670668

>>10670377
turks always had and still have foreign currency in reserve. they ve never trusted their own currency.

>> No.10670681

>>10670616
Cheap Turkish Hookers

>> No.10670691

>>10670586
sweet

>> No.10670692
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10670692

>>10670640
done that

>> No.10670698

>>10670329
buy bitcoin before the government puts currency controls on and steals your bank account like the greek government did in 2014

>> No.10670712

>>10670692
thats a fence

>> No.10670722

>>10670698
problem is, he cannot sell it, you cannot do it internally, and if you do it externally you are royally fucked. You gonna have to buy kebab with satoshies, the vision.

>> No.10670730

>>10670586
which exchange is that?

>> No.10670735

>>10670561
Buy jewelry, new in box computer parts shit that keeps value.

>> No.10670751

What's going to be the top here /biz/ 8 TYR for 1 USD?

>> No.10670755

>>10670712
It's the best we can do.

>> No.10670769

>>10670755
Did you know Bulgaria had the most extensive trench system out of all combatants in World War 1?

You can do much better.

>> No.10670778

>>10670735

Buying DDR4 and new videocards few years ago wasn't such a bad investment.
GPUs prices went up ~300%, RAM ~200%.

>> No.10670783

>>10670722
>buy kebab with satoshies
that's the general idea... it's also so he can keep his savings safe in an asset the government wont be able to take from him

>> No.10670801

>>10670307
you're in turkey, can't you join some local terrorist group and blow shit up?
beats suicide

>> No.10670824

>>10670783
and that is the problem ot BTC, you make 2 purchases and now it is visible to all how much does this key holder has. You gonna get ass raped and killed.

Monero zcoin zcash mona coin

>> No.10670874

>>10670631
its not even trumps fault, his tariffs just were the final straw that broke the camels back.
turkey has lots of problems.

>> No.10670927

>>10670616
lock and load, you've had experiences with the Muslims before

>> No.10670976

>>10670606
The ukraine is Russia, but unironically

>> No.10670982

orospu cocugu

>> No.10670989
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10670989

>Tfw when the orange goblin fucks over millions of people by shitposting on twitter

>> No.10670995

>>10670307
If you can't exchange your Lira to USD/Euro/BTC than you should buy some asset that won't depreciate. For instance here in the US drug dealers started using tide laundry detergent as currency. Tide comes in different sizes, it appreciates in value, is readily available making it a liquid asset, and it doesn't maintain transaction history. Look for an asset with those properties and exchange your Lira for them to hold over this currency crisis.

>> No.10671008

>>10670995
Where/how are you going to store and transport $10 000 worth of laundry detergent?

>> No.10671026

>>10671008
Figure it out. Don't tell me a bunch of school drop out drug dealers are smarter than you.

>> No.10671031

>>10670722
>you cannot do it internally

Why? Turkey is relatively big country with population almost equal to Germany, they should have at least a couple crypto ATMs in the capital. In the EU such machines are present even in small, irrelevant Easern European countries.

At the very least there is localbitcoins option.

>> No.10671042
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10671042

>>10670307
Give your beautiful pretty girls to me. I'll exchange with cash (USD).

>> No.10671052

>>10670320
>do this
>get shot

What my friend means to say is, use gold/silver to get a gun, food and medical supplies

>> No.10671078

Invest in dollars so that you get justed in order to save the nation.

>> No.10671089

>>10670373
OP has been JUST'd enough. No need to shill him BCH.

>> No.10671208
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10671208

>>10671031
ALL BTC ATM will require an ID. Also if capital controls come into place, and they will if this continues it will be illegal. Turks have no guns to resist. And those that id resist are now ded.

>> No.10671253

>>10671208
damn, is that image from that fake coup?

>> No.10671265

>>10671208
shitskins were a mistake

>> No.10671310

>>10670307
This is literally the use case for btc. Why the fuck didn't you stock up when erdofag became president?

>> No.10671358

>>10671026
Ok, let me put it real simple, transporting and storing costs money. Nothing to do with smarts, you can't do it for free. If you have a truck, how much would you earn if you were to rent that truck out? If you have a space, how much would you earn if you rent that space out? It's never free. Hence this asset is shit.

>> No.10671371

>>10670307
I'll assume its not a larp and you are actual turkfag.
Can you tell about how turkish society reacts to this JUSTening?
Any demonstrations, riots, people going on the streets, food being swept away from the stores, anything?

>> No.10671382

>>10670616
Invest in Dinko Valev, Protector of Bulgarian borders and his 100 good men.

>> No.10671392

>>10670307
buy crypto you 3rd word shit eating faggot

>> No.10671398

>>10670307
Rise up, revolt, get rid of Erdogan.

>> No.10671420

>>10670307

ask allah amk

>> No.10671421
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10671421

fellow turk here too. it doesnt effect richfags and normal income fags. only poor akp fucks. we can survive with this state of dollar but they will starve and go fuck erdogan.

>> No.10671425
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10671425

Will I be able to buy turkish girls for cheap?

>> No.10671430

>>10670989
Eat your fucking hearts out, Bogdanoffs.

>> No.10671433

>>10671421
Coup part 2 when?

>> No.10671477

Move to a country with lax immigration laws that uses the American dollar as its currency. I think Micronesia is pretty easy to get a visa for.

>> No.10672086

Currency wars will kill many until people wise up and buy some fucking crypto.

>> No.10672094

>>10670730
Paribu

>> No.10672204

>>10670373
I like BCH more than BTC but a better community? Literally every single person is okay with scamming and deceiving people.

>> No.10672242
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10672242

>>10670307

>> No.10672321

>>10670692

Where is this?

>> No.10672330

>>10670751

If it goes past 7.1 it's gonna moon to like 20

>> No.10672550
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10672550

>>10670307
Just move to Germany for gibs, why solve your problems when you can run away from them?

>> No.10673093

>>10670307
Unironically buy USD. If you hedge into a stable currency your shitcoin will rise.