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RE: Save in non fiat currency.

in #saving7 years ago

Currently about 50% of my savings are in Crypto. Unfortunately since I've been doing it I am about 40% down. That loss will only be realised if I cash out which I do not intend to do. In fact I intend to invest more when everything bottoms out as I think there is a big future in crypto. The banks and institutions are moving into the arena which means they see a future too. I believe we are currently undergoing a shakedown by the big players because there are weaknesses in the system that can easily be exploited. EOS RAM trading being an obvious one.

I've spread my investments fairly widely to include base chains such as EOS, IOTA and NEO and then thrown a little money into apps/tokens that I think have got potential, TEL, PRL for example. On these little apps it has only been $20-30 or so. Just a small punt so that that is not a big deal if they crash.

The only other thing that I would consider investing in is IP as the financial infrastructure is going to change radically in the next few years.