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  • Writer's pictureDavid Manion

How to protect your finances when everyone is waiting for a recession.


The global crisis has a serious impact on individual markets, industries, and economies of entire countries. Investors are wondering: how not to lose savings and even increase them? Almost half of the qualified investors in Europe (47%) believe that cryptocurrency is an effective “protective” asset. This is indicated by the results of a survey that was conducted among more than 700 European investors. The survey also showed that more than half of the portfolio of qualified investors in Europe are alternative assets (cryptocurrencies, real estate, works of art, and antiques). In their opinion, gold is rather a tribute to investment traditions. Bitcoin, on the contrary, due to the limited issue, is almost the only solution in the current crisis and the issuance of fiat currencies by central banks. However, not every novice investor will survive a 2-3 year drawdown of 50-60% of the investment amount. As a result, they will sell everything and suffer a big loss, because they are looking for a good entry point and panic too quickly. History shows that waiting for the right moment to enter the gold or BTC market can stretch for many months or even years. At the same time, assets may suddenly begin to grow rapidly. The minimum term for investing in gold and BTC should be at least three to five years, experts say.

In the coming period, when inflation can smoothly change into deflation, the global financial system lacks a tool that would be an alternative to all the usual ones. Bitcoin is almost the only solution with a clear emission model. Is it possible to earn money on it? Most investors believe that it should be gradually increased in their portfolio. They think that the real crisis has not yet begun, everything is still ahead.

One of the best ways to accumulate cryptocurrency is mining, which allows you to recoup your investments within a few years. Nevertheless, it is worth considering the fixed costs for electricity, equipment maintenance, heat and noise insulation, as well as a rather high barrier of entry with purchasing an expensive farm of video cards or ASIC miners.



The world has already switched to a new form of mining – in the cloud. Cloud mining allows any investor, with any capital, to become a real miner. You can rent the required amount of power from a large mining company, thus mining a certain amount of cryptocurrency, depending on the contract. This solution allows investors from anywhere in the world to start mining cryptocurrency, so this method is one of the newest ways to protect capital from inflation.

Qubithashes rent power to thousands of investors around the world and offer some of the best options for cloud mining cryptocurrency investment. The service has a simple and user-friendly interface with a minimum of functions and is designed more for passive investment. The platform supports only BTC cloud mining and is fully focused on this product. When you go to the company’s website, you will see a list of contracts along with a fixed indicator. The more power you acquire, the more cryptocurrency you will mine. Qubithashes offer contracts with a minimum term of 2 months and a maximum of 8. Everyone can invest in cryptocurrency – the lowest contract costs only 5$! It is enough to have a smartphone and an Internet connection, choose a suitable contract and pay for it in bitcoin.


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Disclaimer: This is a paid release that was not written by Crypto Online News. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Crypto Online News. Crypto Online News does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

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