Get Ready

in crypto-community •  7 years ago 

As the different coins of the crypto-community begin to march upward after the bitcoin fork, notice how the precious metals have also begun to rise - When these things are occurring, I like to try to examine & understand as much of the big picture as possible -

Some may argue that the usd is weak, some say the usd is strong, some say the usd will rise & disappear - One thing is for sure, the usd is attached at the hip to oil & oil has been below $50 for some time now - The Hurricane Harvey may have a short term price effect on oil (higher), but the usd has been so heavily diluted by federal reserve digitizing, there may be no way to salvage it or its value -

IMHO, the best actions to take are to diversify your financial portfolio in such a way as to get a good cross section of the crypto-currencies ( i mean like 100-500 usd in as wide of variety as you can track & afford, precious metals (silver being the best overall & get a little 90%/junk silver too), but don't forget to grab some rhodium & platinum), have some actual cash on hand, people will still take cash in an economic "event" over credit

So, with cryptos & metals rising in general, be wary that the usd may change or go away completely, protect yourself, educate yourself, pay attention to the global events & avoid the lame stream media

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