We're not going into should I pay cash or finance and smoke crack. The question answers itself. Can you make/save more money doing it one way or the other given current financial abilities.Most likely the person will spend the money.
We're not going into should I pay cash or finance and smoke crack. The question answers itself. Can you make/save more money doing it one way or the other given current financial abilities.Most likely the person will spend the money.
I try to maintain some liquid cash beyond an emergency fund so I can jump on things in times like this. Inflation is the talk right now. I'm not an economist but feels like a lot of things are about to crash. If I get a chance to buy low whether it be property, vehicles, or other investment opportunities I'm glad to have some liquid cash available to take advantage when it happensif you're holding large amounts of liquid cash you are GUARANTEED to lose 8-12% of your money every year for the foreseeable future.
Effectively the USD is just monopoly money ever since we left the gold standard. They could print another trillion tomorrow in the blink of an eye. Literally the worst investment ever, lost 86% of its value in 40yrs. A warehouse of toilet paper would have retained more value
if you're holding large amounts of liquid cash you are GUARANTEED to lose 8-12% of your money every year for the foreseeable future.
Effectively the USD is just monopoly money ever since we left the gold standard. They could print another trillion tomorrow in the blink of an eye. Literally the worst investment ever, lost 86% of its value in 40yrs. A warehouse of toilet paper would have retained more value
I try to maintain some liquid cash beyond an emergency fund so I can jump on things in times like this. Inflation is the talk right now. I'm not an economist but feels like a lot of things are about to crash. If I get a chance to buy low whether it be property, vehicles, or other investment opportunities I'm glad to have some liquid cash available to take advantage when it happens
You could deposit that in my paypal account and least you’d get an emotional return on the pics of what I posted that I bought with that money.I just buy Bitcoin with whatever cash I have. All or nothing. All in. Set the boats on fire.
Are you saying BTC will never go up?You could deposit that in my paypal account and least you’d get an emotional return on the pics of what I posted that I bought with that money.
Are you saying BTC will never go up?
I’m saying its extremely volatile and unpredictable.Are you saying BTC will never go up?
But we can predict it will go up and down...as it always has.I’m saying its extremely volatile and unpredictable.
Don't forget about Shiba.....threw in 8 grand it was 14 grand in 8 hours. I bought some nice toys off that one.I remember when they said that at 9k
Then 60k happened
Then again they said Doge was fake at .004
Then .70 happened
And then it tanked badlyI remember when they said that at 9k
Then 60k happened
Then again they said Doge was fake at .004
Then .70 happened
I agree. Crypto is way too volatile to have as a large portion of you portfolio.And then it tanked badly
‘Sell All Your Bitcoin’ Now—Serious Crypto Price Crash Warning Issued Ahead Of Game-Changing Ethereum Upgrade
One independent bitcoin and crypto researcher has warned of a looming bitcoin price crash that could follow ethereum's "merge" transition to the energy-efficient proof-of-stake...www.forbes.com
And then it tanked badly
‘Sell All Your Bitcoin’ Now—Serious Crypto Price Crash Warning Issued Ahead Of Game-Changing Ethereum Upgrade
One independent bitcoin and crypto researcher has warned of a looming bitcoin price crash that could follow ethereum's "merge" transition to the energy-efficient proof-of-stake...www.forbes.com
One is a form of currency, the other is a social media platform….As of right now
Bitcoin = 60.2% drop in a year
Meta ( Facebook ) = 60.1%
Weird how that works
One is a form of currency, the other is a social media platform….
I’m not contesting that. I just don’t understand why anyone would want to invest in a form of currency so volatile.Both lost people money over the last year.