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I feel the need to point out the silliness of pushing one's preferred crypto in response to a comment about how crypto is full of fraud and is a risk to the ent
by kimbernator 5y ago
I feel the need to point out the silliness of pushing one's preferred crypto in response to a comment about how crypto is full of fraud and is a risk to the entire economy.
No, it's not a good idea to invest part of your emergency fund into a highly speculative asset like cryptocurrency. Money put into crypto should come from a fund much less essential to one's livelihood.
- Melatonic 5y agoIf you are highly worried about the US market / currency crashing or devaluing then I think it does have some value to talk about. I don't have any benefit at all from anyone investing in Monero. Personally I think gold/silver are a more reliable "alternative" investment if you want to keep assets out of the US banking system (or stocks) since they are fairly universally valued and you can physically transport as needed.