Post
Topic
Board Economics
Re: Can we rely on Bitcoin and cryptocurrency?
by
chrisculanag
on 12/07/2020, 05:47:26 UTC
If you need a hedge you're going to have to use cash or precious metals (gold, silver or platinum)...

I don't think bitcoin yet has a reputation not to crash bad... Its probbay better than some stocks but not all, some places like the utilities and commodities should do well I wouldn't put all of my faith in crypto it'd be a bit like buying an airline stock...
Me to I wouldn't bet on bitcoin everything. Actually I already invested in it and its share is only 10% out of my whole investment portfolio
Bitcoin is extremely helpful in countries like Venezuela or developing countries of Africa.
 
Thats a good move , me too i wouldn't investing all my gain in cryptocurrencies and if i go investing I'll always searching if this coins has a potentially grow up in much time. 10% is a good number for investing if you lost thats okay, just find another investment to recover and profits.

Yes , bitcoin is very helpful in many countries. Thats why some other trust this.