BTC is now my hedge against the weak £ and inflation…

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BTC is now my hedge against the weak £ and inflation…

After being “sensible” and DCA’ing into an FTSE weighted all world ETF for the last few years along side my small crypto portfolio I’ve finally had enough of seeing any gains being wiped away by the ever snowballing drop in the £ plus the mental rate of inflation here.

I’ve had this nagging feeling for a while – the UK economy isn’t going to get better any time soon so I’ve finally taken the plunge and sold all my shares at a tiny profit (I would have been better to just chuck the money into a high interest saving account at this point) – ready to add to my BTC holdings.

I’m no whale by any means but I’m double the shrimp I used to be. I’m going to wait out the storm and stick with crypto.

So wish me luck as by doing this I may have doomed us all. I buy in, it goes down… I sell it goes up.

Watch the UK economy stabilise overnight now!

TLDR: the ramblings of a mad man.

submitted by /u/-CatFunt
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