Are you ready for the greatest recession of your lifetime?
Here are Robert Kiyosaki's 5 G's that hold value during a serious recession:
- Ground ( spatial security )
- Grub ( food security )
- Guns ( physical security )
- Gold ( financial security )
- Gas ( mobile security )
Cash and Crypto would be next on the list. Herein I provide 3 ways to secure digital assets that weather a recession.
1) Bitcoin cold storage
Inflation free, seizure free, loss, theft and hack free funds stored in the fastest growing asset in history. If you are responsible for your own financial future and that of your family, I strongly suggest you setup a Multi-signature Bitcoin wallet and keep feeding excess funds as they arrive. This fund acts as your retirement, insurance (life and death), will, savings account, principal investment and offshore account all in one. It takes about 30 seconds to set one up. See my code and article for an example:
How to secure a Bitcoin
Generate a multi-signature Bitcoin address
2) Digital asset portfolio allocation and re-balance
Manage crypto risk by diversifying investments. Our hedge fund prioritizes investments on the following factors:
- Security
- Value
- Usage
- Fees
- Privacy
- Speed
Our portfolio looks something like the pie chart bellow.
We re-balance every hour with this software:
3) Synthetic Long / Short portfolio
In addition to holding physical gold and gas, a long / short portfolio can be constructed extremely efficiently with Evermarkets (EMX).
Final thoughts
In summary, if you don't want to be left behind in the next wave, consider holding Robert's 5 G's of safety. For financial sovereignty, consider your digital assets and portfolio strategy. Consider using our tried and tested software for your own wealth management.
