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51287136 No.51287136 [Reply] [Original]

How do I protect myself long term against the upcoming economic crisis?
Debtmaxx? Cancel all debts? Buy gold/silver?

Don't tell me stupid shit like buy bullets or some stuff. That kind of crisis just won't happen, but I think we're gonna live an unique moment in which if we have liquidable assets one could easily buy certain stocks or land for very cheap and then live very comfortably in the next 10-15 years.

Opinions?

>> No.51287156

>>51287136
have sex and don't worry. This too shall pass. Don't let your mind revolve around money and things that are beyond your control.
I recommend that you spend up to 10 minutes each day face first between the butt cheeks of a woman you hold dear to your heart. This should put you in good stead.
Godspeed, brother.

>> No.51287193

>>51287136
Buy Chainlink you stupid cuck

>> No.51287216

>>51287136
You are going to want some guns, not for barter but for dealing with the poor

>> No.51287305

>>51287136
Incorporate or at least LLC with family you can trust.
Purchase large areas of land with as many water wells and sources as possible.
Look for areas away from city centers and federal urban development.
Get into small areas where you have the the ears and access to city councilmen and sheriffs.
Even better if you can put family and friends into those positions.
Hire the best Land Use attorney for each area you're buying land in, they will know the ins and outs of city council and will network for you.
Land with water should be your top concern.
Even if it's in a FEMA flood zone, water rights and access will become more valuable than any house that is destroyed by flooding.
Also, the future is local and decentralized.

>> No.51287354

>>51287305
stfu retard

>> No.51287357

>>51287156
I think I understand what you mean. But there's no hurt on planning ahead. There's clearly some dark times ahead, if I can secure some good money for my future kids, that would be nice. Also liking butts is very gay. I'm a tits guy.

>>51287193
sure

>>51287216
Larper doomsday scenario.

>>51287305
Why do you assume I'm american?
I don't have FEMA or flooding at all where I live.
But essentially, even if you sound like another doomsday larper, you're saying... buy land

>> No.51287420

>>51287357
they're not LARP'ing, they're paranoid schizophrenics

>> No.51287566

>>51287136
be as self reliant as possible in all areas, particularly essentials like food, water, energy
then prices could go to a bajillion dollars for a loaf of bread or kWh or gallon of water, and you wouldn't care (minus the roaming hordes of niggers pillaging the countryside and threatening your security)

>> No.51287650

>>51287357
>Larper doomsday scenario.
nigger you are the one who made a thread about "how do I protect myself from an economic crisis". If we go depression tier (whether deflation or stagflation), and the standard of living drops considerably, the best hedge is self reliance. simple as. Money won't buy you anything if there are shortages of basic necessities (i.e. government implementing rationing or price control) or rampant, persistent inflation. The only protection is not relying on money and money reliant assets, aka REAL assets.

>> No.51287708

>>51287136
>Don't tell me stupid shit like buy bullets
Buying enough canned food for 2-3 years is great advice because it's 100% guaranteed to protect you against inflation. Surely that's good enough in current conditions
Food won't run out but it's not getting any cheaper so not stocking up is just wasting money
Some gold/silver is obviously good too, no market conditions where 10% of your money shouldn't be in it. And having 10% in cash is also great in any time.
Other than that, who knows. Debtmaxxing is probably a good bet because out of all the things you can bet on right now betting on rates hiking is relatively safe

>> No.51287796

>>51287650
Humanity has been through a great depression before and guns didn't do shit. Do you really think people got rich off the last economic crisis by buying land and drinking fresh water living a country side life? You're fucking delusional

>> No.51287839

>>51287708
>eating canned foods
I am sexually active, so no thank you.

>> No.51287850

>>51287796
>Do you really think people got rich off the last economic crisis by buying essential goods when they're still cheap and then reselling them when they got much more expensive
Yes. That's exactly how you get rich during a depression, you don't invest in innovative tech during a depression, you buy essentials from desperate poor people and sell them back to them in a decade

>> No.51287885

>>51287839
I doubt that actually

>> No.51287907

>>51287357
>Larper doomsday scenario.
lololol big surprise coming your way fag

>> No.51287984
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51287984

>>51287796
OP, you are a faggot.
Even worse, a foreigner faggot.
Urban centers went to gangsters and G-Men during the depression.
The smart people with ingroup preferences find land, concentrate resources and labor and work on generating wealth.

>> No.51288003

>>51287708
I wouldn't debt max unless you plan on leaving the country for seven years and have good credit.

10% cash 10% gold/silver 80% crypto/real estate. I wouldn't buy land or real estate until the war starts, then there will be less people and a lot of sell pressure. As to crypto, 20% of that in privacy cryptos like 0xMR and PRV and the rest in XRP and ICP. Some people debt max to buy crypto when there is a major dip like there is now but it is high risk. You are basically betting that your profits can outweigh credit card debt long term. You can get close if the market is stable by staking CNDL or ICP for 20% APY but you will really need the price to go up dramatically and that normally only happens for a couple months before another crypto crash, so you have to time it just right.

>> No.51288047

>>51288003
>XRP and ICP
Schizo alert. I'm still about 20% in crypto myself but for me it's btc, a certain coin we don't name, and I'm betting on a bunch of smart contract layer 1s hoping that one of them wins bigly. If crypto market has taught me anything it's that value does accumulate on layer 1, it rarely stays on protocol level

>> No.51288414

>>51287136
I would have advised you to go suck your mother's ass but i am a nice guy so just buy ORE and keep yourself secured from whatsoever crisis you are predicting

>> No.51288499

>>51287156
I should call her

>> No.51288547
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51288547

>>51288499
NO,no. NOOOOOOOOOOOOOOOOOOO. Do NOT do THAT

>> No.51288707

>>51287357
>not American
>calling people who say “buy guns and land” doomsday larpers
Lol sorry they ain’t got no guns or land where you’re from pal. You’re gonna get raped by Achmed when SHTF

>> No.51290314

>>51288414
That was harsh on the poor dude and hope that is not another shitcoin like that of luna

>> No.51290527

>>51290314
Nah Ore is a web3 protocol that makes it very easy for users to interact with other users on other blockchain based on its interoperable nature