Quote from: palle11 on June 08, 2018, 02:26:36 PM

Quote from: richardsNY on June 07, 2018, 06:14:17 PM

I am glad that I don't have to hedge anything since a large chunk of my wealth is parked in Bitcoin already. I do hold a relatively small amount of gold as well, but I am not planning to add more in the coming years, unless the gold price tanks deep, but that's highly unlikely. In other words, I'm good. In most cases people will only act when it's too late already, which makes me feel sorry for them, but on the other hand it's their ignorance and unjustified trust in the regular economy making them lose out. We have been through so many economical difficulties, that people should have had a wake up call years ago already....

Truely this kind of investments are good for financial crisis time because things like internet businesses soar very high in price and value. This is because again, people try to run to the internet for succour. On the other hand, if such crisis leads to war, hmm... it becomes a problem because you will need to covert whatever asset to fiat and the banks too will be chaos.

I agree with that, when you are talking about invesment make sure that it would hit the exact goal and will be able to continue the business for a long term. The crisis is all over the world will drop easily but the power of business like btc it would easily to raise and proceed to the next level of the investment. Problems may occur but that woud be a challenge.