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Crash of the Century is Happening Now. Here's What You Need to Do

Crash of the Century is Happening Now. Here's What You Need to Do

4 Steps to get through this

Isaiah McCall's avatar
Isaiah McCall
May 08, 2022
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Crash of the Century is Happening Now. Here's What You Need to Do
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I feel like I’ve been in a recession my entire life.

Can any of you relate?

2008, 2020, and now, what some experts are calling the “Crash of the century.”

Your only choices to survive are to:

  • Lose 15% per year from inflation if you keep cash

  • Lose 20% per year from stocks and bonds

  • Put a down payment on real estate at the height of the bubble about to pop and be underwater in 2023

Shit sucks.

Thankfully I do have a four-step plan on how I’ll ride out this recession.

1. Is now finally the time to buy crypto?

Let's just say that we're getting closer to a point of maximum financial opportunity than maximum financial risk.

As I wrote yesterday on Medium, in the short term, commodities like Bitcoin, gold, and land may crash because everyone will need cash to avoid getting liquidated — but they should respond well in the long term.

Personally speaking, I’m always buying. My timeframe is 9 years.

The one thing to note is that not many crytpo projects will survive the apocalypse that is coming. Off the top of my head I’m thinking:

  • Litecoin (We don’t need a digital silver)

  • Solana (The centralization keeps getting worse)

  • 90% of NFT projects (Accessory investments get sold first)

I own a decent amount of Ethereum so my goal is to obtain 1 BTC by year’s end. I’d stick to these two projects if you want to play it safe.

2. Are we at the bottom yet?

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