100 sats \ 3 replies \ @thrown 10 Jul 2022 \ on: Plans for coping with a recession? bitcoin
Honestly I have no idea. I'm holding USD and waiting for an actual nose dive so I can swoop in and buy a house in cash / buy a bunch of BTC.
In terms of investments, I've had analysis paralysis and haven't done anything really.
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3 sats \ 2 replies \ @k00b OP 10 Jul 2022
Seems to be what Buffet advises when uncertain, but the cash ice cubes were melting a lot slower back when he was active.
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100 sats \ 1 reply \ @thrown 10 Jul 2022
I figure that even if inflation makes it worth less, I'm still likely to be holding more of it than most other people, which would make me a competitive buyer in that situation at least.
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0 sats \ 0 replies \ @k00b OP 10 Jul 2022
Yeah, I agree that holding cash looking six months out is wise. I just suspect other people are thinking that too, which makes me think it's unwise.
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