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Investing - Crypto / Funds / Other

Investing - Crypto / Funds / Other

Old May 18th 2021, 1:53 pm
  #16  
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Default Re: Investing - Crypto / Funds / Other

Originally Posted by DXBtoDOH
It's not Weimar Germany but inflationary fears are all over the US and has been for a few months and is starting to make noises in the UK. The point remains that your punter is likely looking at crypto to avoid inflation. The value of silver has shot up recently for similar reasons. People are looking at anything to park their money in.
Hence my gold comment - I skim read something about things like metals being attractive in these times of concern over inflation.

Fortunately, I'm still miles away from retirement (unless my crypto explodes a 1,000,000% etc)....so the plan is the same, keep buying the ETFs and enjoy buying in any dip.
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Old May 19th 2021, 5:17 am
  #17  
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Default Re: Investing - Crypto / Funds / Other

Originally Posted by DXBtoDOH
It's not Weimar Germany but inflationary fears are all over the US and has been for a few months and is starting to make noises in the UK. The point remains that your punter is likely looking at crypto to avoid inflation. The value of silver has shot up recently for similar reasons. People are looking at anything to park their money in.
My point was that the diversification into crypto exposes you to huge risks which dwarf inflation risk.
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Old May 19th 2021, 1:46 pm
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Default Re: Investing - Crypto / Funds / Other

Originally Posted by weasel decentral
My point was that the diversification into crypto exposes you to huge risks which dwarf inflation risk.
Sure, but your typical crypto investor is...?

I have decided to beat inflation by investing my money into home improvements. A new fully fitted kitchen as we speak.
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Old May 19th 2021, 4:08 pm
  #19  
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Default Re: Investing - Crypto / Funds / Other

I have started a new cryptocurrency:- sidcoin. Readers here would be well advised to invest early in this new opportunity before the price of sidcoin soars. It is a guaranteed investment, and has a blockchain as long as your arm. Payment in $USD only please.

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Old May 20th 2021, 4:21 am
  #20  
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Default Re: Investing - Crypto / Funds / Other

BUY THE DIP.
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Old May 20th 2021, 1:23 pm
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Default Re: Investing - Crypto / Funds / Other

Originally Posted by Scamp
BUY THE DIP.
DUDE!
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