Howdy! After the success of last week’s discussion thread, I figured we should keep going. Feel free to comment below with anything and everything money related that is better suited to a conversation or a quick question and answer than a full post. Some ideas include:
- Journaling about an ongoing job search
- Asking for ideas about how to manage an emergency fund
- Logging recent stock trades
- Talking about the impact of inflation on your budget
- Your plans for maximizing the rewards on a credit card
Again, those are just suggestions, if there’s really anything you’d like to talk about related to finance in your life, feel free to put it here.
Is crypto talk allowed? I hold 2 litecoin and the price is going up right now due to the halving, rewards for mining is going from 12 to 6.
Also rebalanced my 401k a bit.
I think when discussing the financial aspect, this is definitely the right place.
That said, I am curious why you hold it. I haven’t seen any convincing arguments that it works as a good diversifying asset, like gold can sometimes be, though I’ll admit I haven’t explored that much. Beyond investing, my understanding is that there are probably a lot of unbanked people it could help out with transferring money, but that the current widely adopted ones are less than stellar on that front. If you’re able, could you elaborate on that point?
Crypto is an asset class these days so this seems like an appropriate community for talking about it in that context.
Is there any crypto that’s worth holding or safe right now? I gave up on it at some point.