If it were a store of value it wouldn’t be crashing when the stock market crashed.
I’ve watched tons of YouTube videos on it. I used to believe as you did but when we had that big correction this year, bitcoin didn’t preserve its value, it also crashed it was then that I knew and was able to exit on its next pump which I correctly knew was a bull trap.
My next move is diversifying into precious metals as a hedge. Many speculate silver is the most undervalued asset on the planet. All my recent digging is convincing me of the same. Will try to be crafty but I’d like to put 10% of my portfolio in silver and some gold. Most of my crypto will be untouched. Either way, IMO, holding more fiat than one absolutely needs is seriously insane. Inflation will continue to devalue fiat at breakneck speeds, all while the majority of people are being gaslit to no end. “it’s just transitory, temprorary, we’re just getting back to normal” absolutely comical. If you don’t think such dramatic changes to a currency are possible, I suggest you read up on the Weimar Republic and the Zimbabwean dollar.
There are early warning signs happening right now. Actually, early warning signs isn’t even an accurate term cause I’m sure the majority of people are seeing how much prices have already shot up in a short period of time. Yet we are told “nothing to see here”. It’s literally takes the most basic understanding of economics to understand that when free money is being printed out of thin air, (in this case, trillions with no end in sight) the value of said money will decrease. I’ll say this one more time, ~>30% of the current circulating supply of USD that was ever in existence… was created in the past year. Please let that marinate.
Went on a little rant lol. I am actually super calm and relaxed about this whole situation despite any perceived tone. But I feel a sense of urgency.
I believe even more so now, that the current situation is bullish for bitcoin but especially precious metals. That’s only my opinion though. Instead of bitcoin, I will be going the precious metals route since I have a variety of other cryptos that are, for the moment at least, coupled with bitcoin.
Not financial advice. No one has to believe a word I said, these are just my own opinions.
p.s. fun little website to check out https://usdebtclock.org/
the dollar to gold and dollar to silver ratio is what had me like “oh shit” and got me thinking
Nice, a fellow stacker 
I have a few ounces I picked up back when it was $24 an ounce. Also have some physical platinum. Commodities are where the money will rotate into imo
I think a lot of people, me included, have been duped into not believing in PMs due to decades of paper metal derivatives manipulation suppressing the price. Well, Basel III is coming this month… (edit: soon. full implementation got pushed to jan 1 2022 I believe.) Iykyk 
I was thinking about platinum as well but need to get my feet wet with silver and gold first. I’ve actually been hearing a lot about commodities from the same sources that grabbed my attention about PMs. Crude oil is soaring. I believe commodities, PMs, and utility cryptos will be protection from the tomfoolery going on. Not financial advice
Yeah oil is by far my best rn. Some of my oil stocks up over 40-50% from where I bought them. Also uranium but its very volatile.
I’m a long term holder so it doesn’t matter tho
Does anyone know of a good app that can track crypto investments?
i.e
on 21-06 I buy €200 ETH - 1 ETH = 1649.4 EUR
on 26-05 I buy €250 ETH - 1 ETH = 2362.1 EUR
How can I see how much profit I make if I sell the investment of 26-05 (€250)?
I do it in excel
Im SO glad I sold all my btc once it was around 60k. Looks like it will keep going lower too. Waiting for a bottoming out before I go back in
You’ll get your chance in Q3
China crypto crackdown was announced weeks ago, and only recently the drop has shown. Why would the drop appear so late?
What do you guys predict, will BTC will become bearish or bullish?
Anything else other than binance for trading lots of alt coins ?
Coinbase is supposed to be reasonable also.Uniswap and 1inch are also supposed to be good im not that familiar how they work.
Kucoin has a fair bit of altcoins. OKEx is another alternative exchange.
It’s already bearish. Look at that head and shoulders
I expect the next months to be a good accumulation period while still in a bullish trend.
I use binance, crypto.com, uniswap, metamask, celsius and ftx.
I personally believe around the middle of Q3 sentiment will change again. But that’s just my opinion
Not sure if anyone has been paying attention but QNT reached an all-time high over the past couple days WHILE bitcoin and everything else was dumping. DAG was also rising while everything else was dumping. I legit didn’t even realize the market was red and everyone was so fearful these past couple days cause I was so nose deep in these two. If you’ve done a deep dive into these coins, you’d understand why this might be. I like my whole portfolio but these are my two favorites, not because of any TA or the recent positive price action but because of the fundamentals (edit: and their tokenomics I forgot to add).
Not financial advice. DYOR
Another one that has done it’s fair share to be legitimate and a possibility for a higher price this year. $TEL Just one I’m in at the moment, just something to look into if anyone wanted to hodl
I suggest you guys take a (deep) look into HEX; get past FUD and if you have any technical experience review a bit the code. It seems the only play short term, but happy to hear otherwise.
I figure I should give more nuggets and expand on this cause I kinda just left everyone hanging.
Idk if I’m allowed to post twitter links, but these are great threads on…
QNT: https://twitter.com/CryptoSeq/status/1348221122278526977
DAG:
https://mobile.twitter.com/MrDigitalDive1/status/1409334786649321473
The partnerships/contracts/tokenomics these two have are astounding. Dig deeper if y’all want.