Greetings,
Wouldn't something like I Bonds direct from Treasury make more sense as a hedge against inflation?
Thanks
Best,
Ty
On Wed, Dec 1, 2021 at 8:23 PM Doug Peterson <Dpatd10@gmail.com> wrote:
Good luck. I think your reasoning is sound. I recommend you avoid doge and other toy cryptos with zero inherent value and look to those that have a legitimate chance of succeeding as a financial product. Start researching Bitcoin, Ethereum, Solana, Compound and Chain link.On Wed, Dec 1, 2021, 7:15 PM Roman <romansmr2@gmail.com> wrote:in regards to the recent inflation data, I have decided a couple of months ago to try to hedge inflation with adding cryptocurrency to my portfolio. I have been on the fence for a while, but with increase of NFTs, lightning network for bitcoin, El Salvador making bitcoin its main currency, Web 3.0, Facebook turning to Meta, Roblox, Coinbase IPOs.
Knowing that it is a higher risk than stocks, why wouldn't I add this. Going to buy $350 monthly. I dabbled a little years ago, have DOGE, some ETH (very little) bought CryptoKitties with my son.
Will write a thread on what I am doing, what I have done, sometime this month for all that want to know more.
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