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PaperclipPerfector  23d ago (text post)   3163 thread views

Small-Scale Question Sunday for April 7, 2024

Do you have a dumb question that you're kind of embarrassed to ask in the main thread? Is there something you're just not sure about?

This is your opportunity to ask questions. No question too simple or too silly.

Culture war topics are accepted, and proposals for a better intro post are appreciated.

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Avian flu has started jumping to humans.

Hypothetically, if it starts transmitting from human to human easily, causing a pandemic which would be a lot more deadly than covid, how would you invest in order to profit, if you were to survive? What would be your "no use for money if I'm dead, but if I survive I'll multiply my savings" strat?

I have noticed that Bitcoin goes up in times of uncertainty, and then goes down when things get calmer. But the first rule of Bitcoin is not to buy it when it's back in the news, and it's been reaching highs. So probably don't buy Bitcoin now.

Might not be quite as true anymore. I think a significant reason why it went up lately, and why it might not plummet as much anymore, is because a lot of ETFs bought into it. And more are set to buy in over the next couple of years. It might be "here to stay" in a bigger way than before.

But it is something I've observed as well. People want gold and the biggest crypto when a crisis happens.

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