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RE: Don't Just Ignore The Anti-Cryptocurrency Talk, Capitalize On It! By Gregory Mannarino

in #bitcoin7 years ago

Totally agree! IMO, there are not a lot of great places for people to park their money anymore.. with the exception of metals, cryptos. Especially when the Index bubble finally pops

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More and more these days what is driving my investment decisions is third party risk. Physical metals and cryptos held off-exchange are the only two that I've found that meet this criteria. I thought about real estate, but with property taxes, liability issues, mortgage market manipulation, and the need to get a 3rd party tenant, I've decided there's too much risk there. I agree with you, metals and cryptos are where to park your money.

Smart thinking. I used to think RE was the place to be but property taxes are the razors edge for me.

Real Estate is problematic. Foreign investors have seriously impacted the price in a lot of the major markets helping those areas re-bubble. Also the goverment is having money problems an increase in property taxes is not completely out of the question. Crypto and precious metals (metals depending on quantity) can be moved where as real estate cannot. So crypto and precious metals is probably where to go now.

Also precious metals mining companies... The profit made from the increase in price of metals will increase yet mining costs will remain same... $$$$

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