You may want to invest a percentage of your portfolio in a cryptocurrency resistant to quantum computing.
User BlockHedge in the Quantum Resistant Ledger (QRL) announcement thread put it best:
I see quantum computing as a bigger threat to crypto than people think, and when it happens almost all crypto currencies are at risk. So it might be a good idea to put a percentage in a project like QRL, as a hedge against post quantum age.
QRL is imo a great Investment idea! It will probably not give you the x100 within the next week but I think it promises a good and steady rise over time, until it gets really big one day User BlockHedge in the Quantum Resistant Ledger (QRL) announcement thread put it best:
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Whether other crypto projects are overvalued or not is irrelevant to how I view QRL. Let's say for example I own $10,000 worth of stocks. I may very well take a $1,000 (10%) position in gold to offset my market risk. It doesn't matter if the current PE ratio is 5 or 25, my gold hedge will react the same - with a negative correlation to the stock market assuming a black swan event. This is how I view QRL - as both a hedge and as insurance.
So, therefore If I own $10,000 of crypto, and I want to diversify and protect against risk, what do I do? I can't control government regulations or whales manipulating markets. Those risks will always exist. But the ultimate risk is quantum computing hacking (and thereby undermining the confidence of) the entire crypto space. Once confidence is lost, it can take years or longer to be regained (assuming other cryptos adapt and become quantum resistant). So if/when quantum hacking becomes an imminent risk, and hacks begin, and funds are lost, QRL will act with a negative correlation to all the other non-QP crypto. So my crypto $10,000 might turn into $1,000 in a week, but my 10% QRL hedge position might go from $1,000 to $9,000 thereby netting me zero, but allowing me not to lose my shorts in the overall quantum hacking panic. QRL is the hedge that any serious crypto believer ought to take seriously. I believe investors are both smart and have a desire to protect their crypto investments to the greatest extent possible within their control. And if others learn about QRL, and learn about the real quantum threats that currently exist and that are on the horizon, why would they not take a position in it? What is the downside? Being the first Quantum secure and most secure crypto is worthy of a top 30 coin (or better) from my foxhole.
So, therefore If I own $10,000 of crypto, and I want to diversify and protect against risk, what do I do? I can't control government regulations or whales manipulating markets. Those risks will always exist. But the ultimate risk is quantum computing hacking (and thereby undermining the confidence of) the entire crypto space. Once confidence is lost, it can take years or longer to be regained (assuming other cryptos adapt and become quantum resistant). So if/when quantum hacking becomes an imminent risk, and hacks begin, and funds are lost, QRL will act with a negative correlation to all the other non-QP crypto. So my crypto $10,000 might turn into $1,000 in a week, but my 10% QRL hedge position might go from $1,000 to $9,000 thereby netting me zero, but allowing me not to lose my shorts in the overall quantum hacking panic. QRL is the hedge that any serious crypto believer ought to take seriously. I believe investors are both smart and have a desire to protect their crypto investments to the greatest extent possible within their control. And if others learn about QRL, and learn about the real quantum threats that currently exist and that are on the horizon, why would they not take a position in it? What is the downside? Being the first Quantum secure and most secure crypto is worthy of a top 30 coin (or better) from my foxhole.
I see quantum computing as a bigger threat to crypto than people think, and when it happens almost all crypto currencies are at risk. So it might be a good idea to put a percentage in a project like QRL, as a hedge against post quantum age.
