Some of us just went with classic hard assets like silver and gold. There's a lot less attention on them as crypto is so hot right now. I also feel like the IRS and regulatory agencies who want their cut are a lot less focused on precious metals because they're old news.
But good luck with crypto, it probably won't flash crash again :P
Yeah BTC's rise is too high and too fast. I'm waiting for the crash and then I guess I'll convert XRP to BTC.
I would buy silver or gold, but I hear that you lose a lot of value exchange. I'm mostly in stocks, but who knows what they'll be worth.
It depends if you're buying metals for day-to-day bartering of goods or if you're doing it as a long term savings strategy. I had a portion of my savings I knew I wouldn't need for a few years so I bought in over the last several months and did some dollar-cost averaging. With fees and everything factored in I'll be breaking even once silver hits $29/ounce.
It's cool to have something tangible to hold, but it is tricky because people lose their coins all the time, or they get stolen ;)
Boating accidents aren't just dangerous for guns.
(post is archived)