How I'm Preparing for the Next Possible Global Recession

in #threespeak5 years ago (edited)

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Someone asks "How would the imminent global recession influence your savings and investments? Will you stockpile cash or move into gold, then invest after a drop? how do you see crypto doing?"

Here's my response!

🧠 Want to get smart about crypto investing? Download my brain here:

https://louisthomas.co.uk/download-my-brain/


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@loiusthomas. Thanks for this video. Definitely, gold is kinda expensive right now, crypto it is. I'm gonna invest more in BTC, ETH and other alt coins.

Thanks once again for the amazing video. ✌💗

Hi @louisthomas ,the recession seems imminent, gold seems like a good refuge, the BTC will definitely be basic in the future, what I like and do is the real estate business, I had said it before and I stay in this concept.
Blessings

That is superb response Damn!,
Gold is expensive now.
Crypto too keeps dangling
in the market, but despite
all the odds, I will go in
for crypto, by all means
market will change
There will be value
Addition!
Thanks all for the
video you produce
here with quality
rating!

That is a good decision @louisthomas, preparation is one of the importance element in business arena, you don't just stand up and pump your money into something else, without seeing the future of the history of that business. Crpto stands good, and gold also stands better, but how do you combine to two or concentrate on one depends of preparation. And I side with you here for your concerns raised here in @threespeak.

It looks like you have to prepare a variety of investments and do not do it in one area. Make lots of investments like poverty, crypto coins, gold and others. So if one investment is dying there is another investment . Have a nice day , Louis.

the Next Possible Global Recession might hit and well looking at caused form of keeping wealth which might appreciate is really amazing, I'll also keep my wealth in Bitcoin just like you. Because it has better chance than gold and the rest of them also. I might also keep wealth in altcoin too, who knows?
Amazing video buddy. Well-done

@louisthomas, In my opinion if something is real in this world then that is Precious Metals. And in my opinion Precious Metals will going to play the significant role. Stay blessed.

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Silver and Gold is only getting started. Once more realize its ability to store value, cryptocurrencies will be next!

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Buy Bitcoin only step to be unaffected by the upcoming recession

I wish i also can be preparing down for this global recession now in case of incasity