It is not that easy to predict any financial future. Lots of people will always get it wrong, but you just have to know the correct information.
What's the correct information?
-Information and history about Federal reserve.
-Information about international financial decisions of other countries and how effects the dollar.
-Information about Gold and Silver markets.
-Information and history about Federal reserve:
Federal reserve is a private bank founded in 1913 which main objective was to steal the power of the creation of money from the government in order to control the country and eventually the world. Whoever creates the money will control our lives.
This has created lots of debt for every human being in the planet and country, which debt cannot longer be paid back anymore. This has created inflation which causes all prices of goods and services to rise up over time making our living for more expensive where you have to work more to keep up with the system due to current wages are not enough to cover everyone's needs.
-Information about international financial decisions of other countries and how effects the dollar:
United States went off of the gold standard on August 15, 1971 when President Nixon announced that the U.S. dollar would not longer be backed up by gold. They created the "Petro Dollar" as a backup replacement which it meant that every country of the world would have to buy petroleum in dollars in order to get it. This created a direct "trust" for every country to go along with it.
What's happening now?
Countries like Iran, Rissia, china and Venezuela (more to come) and getting themselves out of the Petro Dollar system to trade crude oil in a different currency instead of the Dollar. These decisions will weaken the dollar due to "trust" is not longer there whatsoever. The dollar will start to crumble as well as other currencies along the way.
-Information about Gold and Silver markets:
Once you see currencies going down on value, precious metals will start their run to the sky which it was the same thing happening in 2008. I believe this time will be different because there are different bubbles about to pop like Petro Dollar, housing market, commercial market, student loans debt and many will follow.
WHERE DO CRYPTOS COME IN TO PLACE?
Once the system starts to fall part, cash flow will start into a "survival mode". This means it'll go to look for ways to survive into any system out there in order to keep financial movement going. Besides Silver and Gold, these are just ways to back up your money at a longer term. It still does not give you the ability to buy services and goods with them because it only useful to store wealth value.
This is where cryptos will come naturally as better way to move from one system to another. I'm very happy that almost every crytpto coin out there has been designed to decentralize the creation of money and the power will be given back to the people where we can in fact have full control of our monetary system through a real "free market".
There are a lot of things that I can explain in different posts of how every government may be almost eliminated due to guess what? Crytos for the most past CANNOT be taxed :) which means no one will be paying taxes and NO government can operate anymore.
My advice?
Get rid of your dollars or other currencies the best way you can and get used to trading with crytos. If you do that, many others will and we will be creating a huge trust across the globe in every market. You will also be positioning yourself at a long term with massive gains which depending of how much cash you have, you can get very wealthy.
A lot of things can happen along the way, like governments banning cryptos and creating their own to slave us even more; but one thing I see, once we get the taste of having full control of our money, we WILL NEVER go back to old system that made our lives miserable in the first place.
I hope you upvote and comment on this post, I can provide my input the best I can and upvote your comments as well.
Have a great life guys,
@JavyBar