Posted: May 18, 2019 2:30 pm
Macdoc wrote:Jamest - the day you admit you are simply speculating with family money in a very high risk manner is the day you'll earn some respect.
Well yes, I am speculating (based upon a detailed study), that the price will trend generally upwards for the next couple of years.
Is it high risk compared to investing in fiat-based assets in consideration of the current debt crisis etc. (which I've discussed here already), knowing that all fiat has failed within a few decades throughout history?
You see, many analysts are predicting an economic catastrophe very soon, even this year, so in light of this it would seem "very high risk" to be leaving your money in the bank or to be investing in shares. That's the main reason I've put my money into crypto, gold and silver. If the crypto market does majorly crash I always have the option to sell, but then I'll be buying more gold and silver. I'm staying away from shares.