Better, I think, to buy property where you can ride out the storm, food, tools, boots, clothes, tires, essentials.
‘saying “Buy crypto. It’s down. ‘
Put your crypto in one hand and crap in the other. See which one fills up first.
I can make booze and dry meat. I can do undies 4 times (frontwards, backwards, and both ways inside out). I got lots of ammo. So, I’m all set.
Buy coffee!!!
Moved off the East coast ten years ago to rural MO and bought that property. We're getting fairly close to a good degree of self sufficiency. I got my start on a meat goat herd last Spring with stimulus money. Also bought $250 worth of crypto a few months ago. That turned into $470 at one point and I cashed out $300 shortly after to buy some rear tractor tires.
The remaining crypto has been running anywhere from $96 to $126 over the past few weeks and I wish I had some spare cash to buy more. Do I believe in Bitcoin? Heck no. It only has one purpose, peer to peer monetary exchanges and isn't very good at that due to volatility and fees. The blockchain however, I do believe in. All my little bit of money is in an alt coin that has more real world use than most and has a team behind it with an unbelievable combined IQ and experience. I would also like to put something into one of the privacy coins since the one I'm in is the opposite and apt to become mainstream.