Pay up my credit debt or invest that money into gold and BTC instead?
Wat do in advance of the incoming global economic crisis?
I purchased 500 oz of silver to save my money from inflation. It's value has dropped when it should have increased. Idk, user. (((They))) pull all the strings it's seems.
Buy stocks, they are currently at 25% discount
A user that claimed to be a insider in the stock market said invest in biomedicines and plastics.
buy food
everyone is just selling like crazy
when the first quarantines are ordered in large parts of the country its gonna drop again
when the economy eats shit and money drops in value THATS when silver and gold will rise again and maybe bitcoin
no wait until the quarantines are ordered THEN buy stonks
The market isn't going to return to it's previous high. Global recession is inevitable. Depression is very much a possibility. Buy real estate on the dip.
Invest in toilet paper
IGNORE
Bitcoin is worth shit. Nobody besides druggies take it seriously.
US bonds are normally the safest bet, but we might enter a market crash soon due to both supply and demand taking massive hits. And there's always a (small) possibility that China will overtake us as the biggest economy.
SHORT TERM
Invest in another currency, preferably yen. You'll still be able to do transactions and it'll give you time to see how the markets will fare.
Gold and silver are traditionally safe bets. You're not looking to make money on these. In fact, you may lose some, but losing some is better than losing all.
LONG TERM
Stocks. You'll need to wait for a few years to finally see your returns, but if you can wait that long you'll make bank.