/biz/ - Business & Finance

Doomers are kind of stupid. In the event this thing is as impactful as you say, hedging in cyrpto, metals, or whatever won't do any good. Look at china now. Do you think people who hedged are living like kings? No, they regret not hoarding food or weapons. It goes beyond bear markets, it would be utter chaos, an actual end times scenario. Regardless of what you do, you are screwed in the new world order. People who lost all their money would be in the same situation as people who got out.

On the other hand, what if this blows over like every other modern day crisis? People who sold at the bottom to hedge would be screwed. Everyone who rode it out or bought the dip would exponentially increase their wealth, just like every other modern day crisis.

One scenario is lose-lose, the other scenario is lose-win. Why wouldn't you bet on the only outcome where you might win?