Looking for feedback around stocks and cash. I'm long with Crypto's that I have and am looking buying more. I hear a lot of get out of cash, potential recession, buy more, etc. Are people getting out of the stock market now? I hear some are doing that and I'm not sure if that is the right thing to do. Are stocks better than cash? Of course adding more to bitcoin/cryptos is always a good thing, Woiuld love your opinons and comments. Thanks all.
I don't think we are at the bottom yet, i would stay in cash even if losing out to inflation. There is too much volatility for me so I'm staying put with what I have. Getting out of debt and/or buying land I think is also a good strategy.
You can also look into precious metals, ammunition, firearms, body armor, night vision, food and water preps, vehicle improvements, home improvements, and other prep type investments. These might give the gains, but they can hold value and provide some peace of mind as well as the increased capabilities.
I agree with andres that the bottom is not yet reached but I am dollar cost averaging by spending less in these months on crypto. The truth is that non hedge fund individuals cannot time the bottom. I am still buying small amounts.