Nice return on the ripple!
You see it taking another flight since it’s already had it’s ten bagger?
Have you bought any ripple yet, my friend?
I dipped a toe into the crypto back when bitcoin was at peak. Let’s just say I wish I woulda bought silver instead…
Ooh…that is a tricky one.
I don’t know exactly how it’s going to go down. Since this is a historical first, no one really has a frame of reference to work from.
This might be partially why there’s so much misinformation around it. That and obviously- major greed.
But this train of questioning might help:
If use debt to buy physical metals, what’s my worst outcome?
Can I face that outcome?
What if prices skyrocket?
Can I pay down the debt that way?
What if there’s a collapse?
Will the physical metals be tradeable for necessities?
What if owning physical metals becomes illegal? (That happened before)
Am I prepared for that risk?
For myself, yes I have taken out some debt to buy physical metals.
Not much though, I’m trying to hedge. Lol.
I’m reluctant to go all out just in case it’s not imminent.
But every month, I’m acquiring a little.
And I will continue that as long as I can.
Hope that helps :)