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Author Topic: Good cryptocurrency to invest in?  (Read 5672 times)

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Re: Good cryptocurrency to invest in?
« Reply #20 on: May 19, 2022, 03:30:20 PM »
I'm losing so much money in stocks and crypto :facepalm: I learned it the hard way and think it's the best to stay away from them. But I think ETF is a safer way to invest if you have to. And there's this:

Also for those invest online for preparation for economic crackdown: what if the whole internet system cracks down too? All the money in form of 0 and 1 will be gone. I'd like to learn about anything that we can invest in real life that actually will last.


Offline Mark 79

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Re: Good cryptocurrency to invest in?
« Reply #21 on: May 19, 2022, 08:51:29 PM »
I am a paying member of Crypto Vigilante, so I get Jeff Berwick's pics, tips, etc.  I only got into Bitcoin because a betting site I played around with more or less forced me into cashing out via Bitcoin.  Monero, Dero, Equilibria, and Pirate Chain are all highly recommended.  Berwick knows what he is talking about and has made a fortune.  Yes, they are getting hammered at the moment, but the show isn't over.  Still, lead, land, food and silver are vital; cryptos are more of a luxury item.

Having started mining when BTC was at US$300, I just can't imagine buying in (or mining in) at US$30,000±. Sure BTC could go to US$250,000 as some have predicted, but it could as easily tank—or be EMP'd into uselessness. Agree completely about precious metals (incl. Pb), land, food, and silver. I was amused and taken by Steve Barry's comment in the 90's Resister that, "Every time they piss me off, I buy another case of ammo." [slightly paraphrased]

I prefer the truly anonymous cryptocurrencies (e.g., XMR, ZEC, DASH), but they are even less widely used than pseudonymous BTC.  I now think of crypto transactions as (1) gambling and (2) a tool for moving value across borders. Because of that I haven't kept current with the new crypto.

Monero I know well (and mine), but what's the scoop with Dero, Equilibria, and Pirate Chain? pros? cons? anonymous?

Has Berwick commented on XRP?


Offline Mark 79

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Re: Good cryptocurrency to invest in?
« Reply #22 on: May 19, 2022, 09:02:02 PM »
I just think that when things crash, nobody's going to really accept anything in exchange for the scarce food that might be available.  IMO the best currency in crash times would actually be ... cigarettes.
Or… um… err… other smokables. :laugh2:

Re: Good cryptocurrency to invest in?
« Reply #23 on: May 20, 2022, 11:36:01 AM »
I just think that when things crash, nobody's going to really accept anything in exchange for the scarce food that might be available.  IMO the best currency in crash times would actually be ... cigarettes.
Also junk silver and food.