How to Hedge your Investments Properly

in #investing • 7 years ago

Hi,

The idea is to buy a diversified portfolio:

When Bitcoin goes up, X goes down.

When X goes up, Bitcoin goes down. You need to make sure you have X and Bitcoin.

You also want to make sure that you have traditional stocks as well as fiat currency. I really like the advice by Dave Ramsey when it comes to the latter two, though I suspect he hates cryptocurrency.

Here's an example portfolio:

25% BTC
25% LTC
25% XMR/ZEC/XMR/STR/etc (basically the hedge to BTC/LTC)
10% cash
5% physical money
10% traditional stock

#bitcoin #hedge #altcoins #stocks
7 years ago in #investing by
$0.02
  • Past Payouts $0.02
  • - Author $0.02
  • - Curators $0.00
3 votes
Reply 0

Coin Marketplace

STEEM 0.19
TRX 0.18
JST 0.033
BTC 89688.42
ETH 3103.55
USDT 1.00
SBD 2.80