Thanks for your insights redbacka. Crypto is still in its infancy. I did note that ainslie bullion in Brisbane now sell crypto. There seems to be a utility value and a store of value inherent in the asset. Gold isn't really as safe as some presume. It futures wildly at times and is a speculators playground. So is crypto. Crypto is possibly an alternative asset that could give non correlated returns. But a slither eg. 1% in a portfolio is hardly going to move the needle. So that means one needs conviction in the underlying asset eg 4-5% but that might be foolish. Both may be falling now but a 12 month look back on crypto bitcoin/xrp/ ethereum demonstrates positive returns. I don't know what the future holds but I suspect it is here to stay in some form or another.
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Thanks for your insights redbacka. Crypto is still in its...
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