[ 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: 12 KB, 219x230, rupiah.jpg [View same] [iqdb] [saucenao] [google]
18019205 No.18019205 [Reply] [Original]

Third worlder here. My cunt's currency depreciated 20% against USD mtd, and I expect it gonna crash more after American market opens. What should I do? Should I buy gold? or yen? I completely don't know I've never tried investing before and my entire saving is dying halp

>> No.18019220

Buy toilet paper and sell for 2$ per square on ebay.

>> No.18019235

>>18019205
Buy ETH and then buy stablecoins like Dai or USDC. These are pegged to the dollarino

>> No.18019236

>>18019205
just be yourself bro

>> No.18019254
File: 216 KB, 1080x2140, Screenshot_20200323_085752.jpg [View same] [iqdb] [saucenao] [google]
18019254

>>18019235
>stablecoin
>dai
Choose one

>> No.18019261

>>18019254
Likely more stable than his local currency.

>> No.18019275

>>18019205
buy btc it will pump today once the market cashes in about 5 and a half hours.
t. third worlder but not your country

>> No.18019289
File: 90 KB, 804x452, download (3).jpg [View same] [iqdb] [saucenao] [google]
18019289

put it all in usdt

>> No.18019458

>>18019275
Sound nice but in the last 2 weeks BTC literally moved in perfect correlation with DJIA. Is there any different factor now?

>> No.18019483

>>18019458
Really? Does the DJIA look bullish now?

>> No.18019508
File: 795 KB, 1200x1200, usd.jpg [View same] [iqdb] [saucenao] [google]
18019508

>my currency depreciated 20% against the usd
>I don't know what to buy
What did he mean by this?

>> No.18019545

>>18019508
Because I'm afraid my country gonna take everything possible to reverse it in either short or long term. So far they tried about $18B in central bank interventions but doesn't seem to work

>> No.18019553

>>18019205
USD is going to crash too don't worry, they'll be at 200k+ corona cases by the end of the week. Buy underpriced shares in businesses that will survive long-term.

>> No.18019580
File: 114 KB, 905x761, seme.jpg [View same] [iqdb] [saucenao] [google]
18019580

This is a Corporate Coup d'état against share holders and holders of fiat currency. Corporations Have been buying back their shares with loans they clearly never intended to pay back. All the gains in the stock market since the Trump Administration represent Corporate Buybacks and Corporations buying Each other.

step 2 is Blockchain Technology. Corporations Tokenize products and services and directly trade them with each other using a decentralized exchange medium called Ethereum as a intermediary. Ethereum is the sum of all value of tokenized assets.

step 3 Arbitrage. Since Corporations using Blockchain technology require Ethereum Arbitrage will push a significant sum of Dollars into ERC-20 standard. The value of the dollar will plummet because because this system has bias to only value actual goods and services. Dollars locked in ERC-20 standard will likely stay in place once there.

Step 4 is to repay the loans in dollars as they are now virtually worthless.

As for how this all links into the Cornona Virus outbreak. Bill Gates has been talking about Corona viruses and ID2020 since 2015. His recent AMA suggests heavily that he will roll out ID2020 along with his Moderna mRNA-1273 vaccine with Inovio’s Delivery system and use ID2020 to track people who have been vaccinated so they can resume travel.

Once a large enough % of the population is using his ID2020 Block chain bio metrics People can be accurately identified on the Ethereum Main net. This will make smart contract applications far easier. Coinbase's CLO was just appointed to the FED OCC to oversee upcoming Banking adoption of ERC-20 also perhaps FEDCOIN.

I work for a FDA Regulated Fortune 500 and I contribute to Block Chain projects on Github in my spare time. This whole situation snuck op on everyone me most of all. Nothing is safe right now and the dollar is the least safe thing you can own.

You want to put your money in Physical assets or Ethereum.

>> No.18019606
File: 204 KB, 336x279, berusaha tenang.png [View same] [iqdb] [saucenao] [google]
18019606

>>18019483
DJIA: 4.55% 24h change
BTC: -6.82% 24h change

am I missing something???

>> No.18019607

>>18019580
i thought tezos was the one to make stos

>> No.18019622

>>18019254
HOLY SHIT HOW DENSE ARE YOU. DAI IS A STABLECOIN AGAINST USD NOT EUR HOLY SHIT THAT GRAPH IS LITERALLY USD/EUR PRICE HOLY SHIT AND YOU MUST THINK THAY YOU ARE SMART I BET YOU DONT EVEN HAVE FRIENDS YOU IDIOT.

>> No.18019633

>>18019606
*-4.55%

>> No.18019693

BR? hueuheuhe

>> No.18019705

>>18019622
based

>> No.18019750
File: 1.70 MB, 5552x3280, list2.jpg [View same] [iqdb] [saucenao] [google]
18019750

No everything links back to Ethereum Main net Via the Ethereum Enterprise Alliance.

entethalliance org /members/

Here is a pic i threw together to track the expanded Ethereum Connections. notice ID2020 is Linked to the Ethereum Enterprise Alliance through Microsoft and DIF.

>> No.18019763

>>18019275
last friday dow dumped and btc pumped, this will happen again today

>> No.18019769

>>18019458
for you
>>18019763

>> No.18019780

>>18019205
He didnt but the buttcoins during a bear run. What did he mean by this?

>> No.18019816
File: 247 KB, 1080x2157, Screenshot_20200323_100228.jpg [View same] [iqdb] [saucenao] [google]
18019816

>>18019622
>stablecoin

>> No.18019918

>>18019235
Just put some into USDT and USDC. Is there any reason to buy ETH? Their chart basically looks like the same as BTC. Yes this is my first time seeing ETH chart