Post
Topic
Board Altcoin Discussion
Re: Where should I invest money?
by
Abiky
on 10/03/2022, 18:01:05 UTC
In these challenging times, we need some critical thinking with a calculated response to the current situation around, especially that there's a threat of war around us, that's why if you want to invest in cryptocurrency just make sure that the coins you want to invest in reliable and investment-grade coins like Bitcoin, Eth, etc. while the other option is the gold-backed cryptocurrency like Gold Token( Gold Storage) as we know that gold prices nowadays are moving up because of the huge demand globally.

In these uncertain times, it would be best to invest into major cryptocurrencies like Bitcoin and Ethereum. Adding Gold to your portfolio is a plus, due to the fact that it rises in price during times of crisis (like the on-going Russia-Ukraine war). As long as you don't put all of your eggs in one basket, you'll be able to minimize the risk of loss as much as possible.

Ultimately, you decide what to do with your money. Crypto empowers monetary freedom, making it a great alternative to existing Fiat. Every investment comes with its risks, so I'd advice the OP to proceed with caution in order to avoid losing it all in an instant. Just my opinion Smiley