Why I Bought

After following bitcoin for a number of years, I decided to park a substantial amount of money in bitcoin as a hedge against the US dollar. I expect that others will do the same. I paid ~100k for my bitcoin. Full disclosure, I also recently bought $60 in gold. I am keeping most of money assets in cash because I expect / hope for a market crash and it’d be quicker to get into good positions with USD money as compared to BTC or gold. But I am just so disgusted with how the government is printing money endlessly and slowly destroying what I worked so hard to earn. I expect there will be increasingly people like me.



Submitted June 25, 2020 at 08:12AM by 69ingrulez https://ift.tt/2CFBS2P

Comments

Popular posts from this blog

No, Bitcoin is not controlled by a small group of investors and miners (A rebuttal to the TechSpot article)

Day 9: I will post this guide regularly until available solutions like SegWit, order batching, and Lightning payment channels are mass adopted, the mempool is empty once again, and tx fees are low. Have you done your part?