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Reply to "If you have more than a million in investments, have you purchased BITCOIN in any form? if so how much?"
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[quote=Anonymous][quote=Anonymous]The details of my age and portfolio to not really matter. My DH is a risk taker and handles our finances. He purchased 9 bitcoin back when it was around $3,500/each. He then does some sort of direct deposit and buys a set amount every 2 weeks on payday. That amount is hardly missed, so it is of no real risk to our core investments that remain in the stock market. In my head the crypto is just insurance if the world goes full World War Z on us.[/quote] I hear others say this, but if the world really goes tits up, is it such a good idea to have assets that are solely dependant on computer technology? It sounds like you are extremely rich, so perhaps it isn't an issue to you, but for someone with average equity like myself, it seems like it isn't really a great hedge. Gold bars and real estate seem more useful as hedge for average people. [/quote]
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