You are viewing a single comment's thread from:

RE: Bitcoin Was Useless In This Disaster Scenario - Cash & Gold King In Hurricane Maria

in #bitcoin7 years ago

Very informative video. I never imagined there would be a situation where crypto would be useless. Valuables like gold and silver are really life savers in crisis situations like hurricane maria. But we also have to take into consideration the fact that we have to also keep those valuables like gold and silver in a safe, probably in a physical safe, and i feel thats what makes people prefer keeping their cash in crypto rather than in gold and silver. But your point is well taken by me, and ill diversify my funds into gold and cash too, and not just crypto.

Sort:  

Yes, remember the minimum ratio of at least 80% precious metals in your investment (hedge) portfolio!

Yah thats true