Crypto Hedge General - /CHG/

>>2800335
Honorable mention: Precious metals. Precious metals are a great hedge in general right now. Silver in particular. Prices are at a local low & precious metals typically benefit from global unrest. However physical metal is not liquid so I don't consider it a great hedge if you are trying to go big on crypto. Available for purchase in BTC on websites like Amiga metals or JM bullion.

Note on BTC: I recommend keeping a stash of BTC at all times. It's useful in case an alt you've been watching dips hard and you want to buy immediately. There is also a (small) possibility that the scaling debate is resolved early, in which case BTC could moon. In the event of a hard fork, by holding BTC you get copies of coins on each fork.

Note on ETH: I am extremely bearish on ETH. I expect a "prisoner's dilemma" event where ICO's all rush to dump their ETH before everyone else does. I would not buy ETH above $50. Others may have different opinions on the value of ETH but that's mine.

SECURITY: Remember Mt. Gox! Keep the majority of your crypto off exchanges!!! Use a software wallet, hardware wallet, paper wallet, or some combination of the above. Make back-ups! You and you alone are responsible for your money!

Support quality OPs. Buy me a beer:
LTC - LbVN32SWwPBrK2Z2X7cYJe5PTjFGbG63eF
BTC- 1EKsxZk18kx41AdocDpjkAviWFsedpovLb
DCR - DsbYpr7XYscF8Z1iNdT1uJ98fjsPVQHj11t

DCR is my biggest hold. Hope I'm not making a mistake

> ETC
> great hedge

ETH might be overvalued but at least it has a dev team

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>>2800335
Get the fuck off this board with your fucking reddit spacing and your fucking "quality OP" bullshit this is a shitposting board to make fun of fucking bagholders like you.

Fuck off.

>>2800405
Same here. The past few weeks have been rough, but I have faith in the project long term.

Just a tip: Look at small cap coins on Cryptopia.

I just found ATOM.. volume is growing and sell walls are slowly going down. It's due to a violent pump.

>>2800335
LTC, ETC, DCR = hedges?

lol do you even know what a hedge is?

All three of those bleed when the rest of the market does.

>>2800447
Now this is a anon who gets it

An hero in these dark tiems

>>2800447
fuck off with your normalfag bottom text shit

>>2800447
OP if you are bag holding like this guy says you seriously need to buy more now or you'll be upset in the coming months. It's going to work like magic.

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>LTC/BTC 1 month view

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>ETC/ETH 1 month view

>>2800578
The data says you're wrong. LTC is outperforming BTC. ETC is outperforming ETH. I say DCR is risky and a dark horse.

I say hedge, not go all in. You would be wise to diversify and spread out your portfolio a bit into my recommendations. This is for people who aren't cashing out 100%.

>>2800335
>Tether (USDT)
USDT is a cryptocurrency asset issued on the Bitcoin blockchain via the Omni Layer Protocol.

Hell yeah!

>>2800337
by the way there are exchanges where you can trade BTC/XAU (Gold) futures. if youre in the US evolve is ok, better for longer term stuff as the spread on leverage is killer. also fun for putting a little bit into a 25x BTCUSD just to gamble of the bottom or top.

>>2800335
>5. Decred (DCR) - My dark horse pick. BTC is facing a governance crisis - DCR solves the governance problem. Hybrid PoW/PoS store of value with on-chain voting. Criminally undervalued IMO but it's risky to invest in now. No current use cases or fiat gateway so it is speculating on future potential.
THIS.
OP, for once, is not a faggot.

>>2801372
Doesn't ARK solve the governance problem too?
Or is DCR different?

>>2801342
Nice! I normally don't like gold derivatives but this looks pretty neat.

>>2801409
I am not as familiar with how ARK governance works. I thought they were trying to be a more user-friendly version of LISK. ARK is on my shopping list for when I think we've reached clearance-sale prices.

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>LTC/BTC 24 hour view

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bump

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>>2800335
>not being part of the BitUSD master race

you're not going to make it OP