Hello Everyone!
I hope you are having a Blessed day, through Jesus!
I am no financial advisor! With that being said, I am educated, I am knowledgeable of History, and I have had extensive experience in the area of finances. The following is a post that I hope will lead you to place serious thought into your own situation. Even though you may feel that you are in a rose garden, of Crypto Currency, let me remind you that most rose bushes are full of thorns. I am only sharing my personal perception, of this situation. You may find that your personal situation is totally different. That is ok too! To Each His Own!
World Governments are creating massive amounts of currency, in today's world, out of thin air! Inflation, has already begun to raise it's ugly head! Just look around you and be conscious of the price rises, since the Covid19 Fear Campaign! Compare these prices to the same time as last year. You may even want to take notes, on the price of various items that you Need in Your Life. You can then compare those prices to what you will be paying, after a period of 6 months has passed by. If History is any indicator, massive inflation is the price to be paid for artificially created money!
Another good indicator, is the price of Rare Coins and the Precious Metals, that many of them are created from! And Yes, they are on a sustained rise, over the past few weeks. Gold has broken the $1800/oz mark and Silver has been sustained above $18/oz price threshold. Both are on a steady uphill train. As people become more and more conscious, of the dangers associated with creating money out of thin air, they are seeking solid forms of investment, where their finances can be preserved and compensate for fiat's decreasing value! It is the conventional vehicle for wealth preservation and increase. Everyone's portfolio, no matter the other types of investments, should hold a certain percentage of these hard assets! If you don't have any, at all, I suggest that you seriously consider acquiring some amount, what every You are Comfortable with.
Yes, I do have a certain amount of Crypto Currencies, that I sometimes trade in. I am not dependent upon it what soever! Here is the reason why : I have been involved in High Tech for many, many years. I know both the good and the bad that can be accomplished with it. I have seen it in many aspects of life! It might sound like science fiction to you, but I assure it is not out of the realm of possibilities, that the entire internet could be hijacked and powerfully controlled by a team of bad actors using AI and Powerful Hardware. In fact, as I see the One World Order revealed for what it truly is, I do not have any doubts that they have some type of plan, with that as part of their goal. If you have a problem with that ugly reality, I suggest that you just think of it as an unknown group.
Those goals are not guaranteed to come to fruit, but they could do a lot of damage before being completely rooted out! Facebook is another example of total control over your assets! Thank God their maligned effort to create a Trick Crypto, has not come to any success, as of yet. Even though you may think your Crypto is secured and safe, it just proves that you have missed a lot of the scams, rip-offs, and other heavy loses that others have suffered through. You should know by now, that anythig on a computer, can be accessed by someone, or something, else. Unfortunately, there are a lot of people, out there, who do not have your best interest in their plans. And Fortunately, God has also placed people here, who do! Just keep an open mind, until you have become aware of the facts. Once you have found something/someone to be detrimental, it then becomes suicidal and lunatic to keep giving them the benefit of the doubt or accepting them without prejudice. You better believe they have prejudice against you, even though they may hide it by accusing you of some politically incorrect label.
Enough of Your time and mine! The moral of the story is that wise investors diversify their investments, rather than group them as easy targets to be eliminated by chance or purpose!
Have a blessed day!
Anthony
