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17656596 No.17656596 [Reply] [Original]

Recession + crypto being a risk asset = not good for crypto?

Sell crypto on the next bounce and rebuy 2022 (once everything settles down)?

>> No.17656617

The entire global economy is about to permenantly collapse. Bitcoin will be the currency of the post-apocolytic world.

>> No.17656628
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17656628

>>17656596
yes
>>17656617
muh power gobbling resource wasting buttcorns
kys moron

>> No.17656646

>>17656596
Fuck off.
I hope people wake up to how the centralized operators bungle another depression and people wake up to a Decentralized option which is safer.
Id buy because this could add more disgruntled normies to the crypto game once the dust settles.

>> No.17656660

>>17656628
no u

>> No.17656682

>>17656617
>>17656646
believe me, i'd love to hold onto cryptocurrencies and go to the moon

but people whom are saying to sell cryptocurrencies sound more logical to me

people who are saying to hold onto crypto have no real logical reason

>> No.17656702

>>17656682
Everything is going to crash. There is no safe haven. At least it's fun to have meme coins.

>> No.17656762
File: 17 KB, 815x340, Annotation 2020-03-09 021345.png [View same] [iqdb] [saucenao] [google]
17656762

I do not know about you, but this does not look like something I would sell.

>> No.17656807

very average day in crypto today
very unusual day in oil and stocks today

>> No.17656827

I'm just here to see who got the get
>>17656666

>> No.17656828

>>17656646
How is it safer when all the miners are concentrated in a few countries?

>> No.17656941

>>17656682
Then fucking sell you weak handed faggot.

>> No.17656986

>>17656941
weak handed?

dude

i am trying to use logic to make a decision here

>> No.17656997

>>17656596
2021 will be a good year, but a big purge is coming. I'm 50 / 50 tezos + UND, so p comfy.

>> No.17657030

>>17656986
Buy high sell low makes sense. In 20 years are you gonna wish you just ignored your portfolio or are you gonna be happy you jumped in and out of the market? You’re already risking money by sitting, why double down on risk by jumping in and out like a little bitch.

If this is your way of investing, go bet on red/black at roulette.
Btw all these ppl on the board who talk about active trading or Margin trading will never brag about their losses.

>> No.17657089

>>17657030
yea but i don't want to lose 90% of my portoflio

i would rather lose only 30% ..

i could sell now and rebuy if it goes lower..

also taking everything into considering, what makes you think crypto is a good hold for the next year?

>> No.17657131

>>17657089
>i could sell now and rebuy if it goes lower..
There will be a bounce and you'll panic buy only for it to drop harder.
Don't try and time shit. Hold and buy more cheaper when it drops further.

>> No.17657162

You can't trade crypto if global infrastructure is down. Crypto is great for if YOUR country is having a crisis, but bad if the WORLD is having one.
Basically, diversify. Buy gold.

>> No.17657188

>>17657131
i just said, should i sell the next bounce and wait until 2022.

if i sell, won't be rebuying

>> No.17657576

if selling Crypto, which Fiat currencies are best to hold for the rest of 2020?

>> No.17657655

Sell and buy back
Hold only if you don't plan to look at charts for weeks
Don't get greedy

>> No.17657696

>>17657576
Bump for this. I want to know which fiats are strong enough.

>> No.17657777

>>17657188
Y E S
E
S

Gold and fiat if you're scared. Shorts and leveraged bear ETFs if you wanna surf the recession-wave.

>> No.17657850

>>17657576
no fiat is SAFE to hold

>> No.17657863

>>17657696
I've was initially thinking SGD because there's a small chance Corona is less infectious given the humid equatorial climate and they've done a good job of managing it so far. Then I realized it's a financial centre and full of Chinks so decided it's a bad idea. Looking for ideas, I need to get out of AUD ASAP and can't hold everything in Gold and Crypto

>> No.17657895

I'm rather all-in crypto than any other asset. Ironically enough it is the only asset class that is not hopelessly dependent on centralized subsidies, beside maybe cheap fiat and credit

>> No.17657905

>>17656596
It's literally
LITERALLY
time to buy.
If you don't even want to hodl, bitcoin will go to 10k again sometime this year so literally free money if you buy now and sell in a few months.

>> No.17657931

>>17656628
>>17657162
Newfags that don't remember '13

>> No.17657962

>>17657905
>time to buy.
ngmi

>> No.17658136

>>17657089
Implying you can predict prices, you wouldn't be on 4chan if you are nostra damus

>> No.17658142

>>17657962
I hodl nigga.
And tonight I will buy even more after the incoming crash.

>> No.17658173

>>17658136
i don't know what to do

that's why i came to 4chan to get some insights

i'm still unsure of what i will do

>> No.17658707

>>17656997
I got me some undies too