Coinbase
Commented by Armin Schulz on April 30th, 2021 | 08:40 CEST
Nvidia, NSJ Gold, Coinbase - How to counter inflationary pressures?
Historically, tangible assets have performed poorly compared to equity investments. According to a Bank of America study, that may now be starting to change. The constant printing of money is fueling inflation. Tangible assets such as real estate, precious metals or collectibles are suitable as a hedge against inflation. While the first two categories are self-explanatory, there are new categories, especially in collectibles. The familiar areas are wine and art objects. Recent additions are cryptocurrencies, first and foremost Bitcoin, of course. In the course of this hype, high-performance graphics cards have also become rare. These are now traded at more than double the recommended retail price. So today, we take a look at Nvidia, NSJ Gold and Coinbase.
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Commented by André Will-Laudien on April 15th, 2021 | 07:24 CEST
Coinbase, Plug Power, NSJ Gold Corp. - Bitcoin, inflation, gold - triple whammy!
The crypto craze has erupted. Nothing is currently causing as much of a stir as cryptocurrencies, their trading platforms and all the service companies surrounding them. Never before have there been such price surges in associated assets in such a short period. There is widespread talk of the crypto world as a means to combat inflation and provide a new payment system. Let's be honest: a currency that fluctuates by more than 500% every six months is hardly suitable for mapping the payment flows of millions of transactions in the goods sector. A Bitcoin that cost EUR 10,000 in the summer of 2020 has reached prices of over EUR 50,000 today. How should one deal with this alleged "currency" - Impossible, as Bitcoin itself is probably inflationary!
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