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re: This person might have a point about crypto

Posted on 2/15/22 at 9:27 am to
Posted by GumboPot
Member since Mar 2009
119638 posts
Posted on 2/15/22 at 9:27 am to
quote:

crypto depends on computer networks and electricity


neither of which are likely to be up and running in a
SHTF scenario


IMO when it comes to finances and investments you have to be nimble. You can't be married to one asset all the time. Every asset has is own inherent risk. Whether it's crypto, land or lead. Understand the risk trough research and invest were you feel comfortable. It's as simple as that. The key is to accumulate more assets than labilities over time. I also like to make sure my assets are pretty liquid. But that's just me.
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