/biz/ - Business & Finance

>>18930407

BTC is a scam coin. >>18928234

It's not even good for the short term. Even silver is outperforming it today.

>>18930437

Crypto plunged 70% with the stock market, it's a hedge against nothing. Precious metals are the safe haven. Crypto is for 1 or 2% of your net-worth in case it really does become the next system of money; that's it.

>>18928379

If you bought any stock at the bottom you're up just as much as you are with BTC. Indeed, gold stocks are up a lot more (GDXJ is up 90%). Difference is that, if there's a stock market crash, both stocks and BTC will plunge; but BTC might plunge at any time simply of its own accord.

By the way, as I type right now, even silver is outperforming BTC. Yes, silver.

>>18928390

If you're sensible, you put 99% of your hedge against inflation in precious metals and mining stocks. The other 1% goes on alt-coins which you actually think have a future and which you will hodl for five or ten years. Anything else is simply gambling.