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