Categories: CryptoFinanceNews

Survivalist Investors Hedge Against Global Catastrophies by Buying Bitcoin

For quite some time now, investors have been wondering if it’s worth diversifying one’s portfolio by getting involved in bitcoin. Those investors who have a survivalist mentality certainly feel it is the right thing to do right now. Stocking up on commodities that can survive financial instability is becoming a top priority. Bitcoin fits that bill perfectly, even though no one knows how things will play out for cryptocurrency.

The Ultra-Rich Like Bitcoin For Various Reasons

The future of finance as we know it is anything but certain right now. For investors and speculators, this is a golden era of new trading opportunities and ways to hedge against future volatility in the market. As a result, there are two types of ultra-rich traders right now: the pessimists and the survivalists. This first group doesn’t look beyond basic commodities or assets to invest in, yet seems to make a decent profit from doing so.

Survivalist investors, on the other hand, are looking at the bigger picture. Digital currency can play a big role in the future of finance, even though no one can say for certain if that will be the case. Although these people do not lose track of traditional investment opportunities either, they are bolder in their approach to diversification. For a lot of ultra-rich investors, that includes buying bitcoins.

It has to be said, the future of our society is not necessarily looking bright. Warfare, famine and political breakdowns are all making headline news on a regular basis. Although these “threats” have always been present to some degree, it appears things are getting worse as more time progresses. Preparing for whatever the future may hold is never a bad thing, and for most investors, that means stockpiling Bitcoin.



Related Post

While we may never find out of Bitcoin could effectively help our society survive a global catastrophe, the cryptocurrency seems to tick most of the right boxes. It has a global appeal, does not rely on banks or governments to be issued, and has no inflationary supply. In fact, those who foresee a future in which self-reliance becomes mandatory will be attracted to Bitcoin automatically.

One could argue gold falls into this same category, and they would be right up to a certain extend. Gold has been the “standard” for survivalist investors for quite some time now, yet storing large amounts of physical currency would not make sense in a post-apocalyptic scenario by any means. To some people, storing digital currency may not make sense either, yet it’s more likely to be accepted as the new post-apocalyptic global currency.

It is impossible to tell if Bitcoin will ever be able to live up to its potential if push would come to shove. Depending on what global catastrophe awaits us, the entire concept of paying with any form of currency may be rendered moot. Without internet and devices capable of connecting to it, the future of Bitcoin would be uncertain at best. That being said, Bitcoin is still a good way to hedge against whatever may come our way over the next few decades.

If you liked this article, follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin, cryptocurrency, and technology news.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

Best Crypto Presale To Buy Now: Rollblock Delivers For Holders With New License, Record Sign Ups and 7000+ Games

Rollblock is quickly becoming the best crypto presale to buy, delivering unmatched value for its…

49 mins ago

Polkadot And Uniswap Gearing For Post-Christmas Jump As Rollblock Raises $7.4 Million in Presale

While Rollblock's continues its crypto presale, with its value increasing regularly, Polkadot (DOT) and Uniswap…

2 hours ago

IntelMarkets (INTL) Receives Massive Demand From Chainlink And SUI Investors Looking To Position For The Best Bull Run Gains

As the cryptocurrency market gears up for a bull run, IntelMarkets (INTL) is attracting significant…

2 hours ago

FOMO Selling Trigger $1 Billion Liquidations as LINK & SOL Bleed Heavily; What to Do Next?

In the past, Chainlink (LINK) and Solana (SOL) have been among the most discussed altcoins…

7 hours ago

Qubetics $7.4M Presale Revolutionises Blockchain as Bitcoin and Chainlink Drive Innovation: Best Cryptos to Buy for 2025

The crypto market is abuzz with excitement as 2025 approaches. While Bitcoin continues to dominate…

13 hours ago

Best Altcoins to Buy Today: Why Qubetics’ Presale Could Be the Best Investment Opportunity of 2024

The cryptocurrency market never sleeps, and every day feels like an adventure. From household names…

19 hours ago