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in palnet •  5 years ago 

PAXG has dropped a bit. However, gold will likely not go to zero. Stablecoins seem like a good option for now, especially if they earn interest.

I'm slowly loading up on MCO from Crypto.com so I can qualify for 12% interest on USDC. The price of MCO keeps dropping and I keep buying a little at a time.

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I totally agree.
In fact, PAXG would be just to keep a little of the money in gold, not for appreciation, but for protection.
I'm doing the same thing, buying a little MCOs whenever I can, to reach 12% p.a.