Episode 48 – Crypto For Preppers
Is it time to consider investing in cryptocurrencies like Bitcoin, Ethereum, or other cryptocurrencies? And what exactly are cryptocurrencies anyway? In this episode I describe to the extreme beginner what I know of these investments, and how they might someday fit into a prepper’s nest-egg. Of course, these are all very risky investments, so they might not be ready to invest in. And remember what I said about keeping any crypto coins safe by using “cold storage.”
Here is an interesting article here about accepting Bitcoin or other cryptocurrencies for your business.
Here are some cool and/or explanatory cryptocurrency items to check out:
Ledger Nano S wallet, where you can keep your crypto investments away from exchanges
Trezor One wallet, which is $60, but the latest Trezor wallet is called the model T, which costs over $200, and has a handy LED screen that shows your crypto balances. Trezor wallets are found here.
A Beginner’s Guide To Bitcoin book
The Only Bitcoin Investing Book You’ll Ever Need
Bitcoin Clarity book (audio version)
Bitcoin: Hard Money You Can’t F*ck With book (audio version)
Bitcoin Money: A Tale Of Bitville Discovering Good Money (a children’s picture book that explains Bitcoin)
A fun cryptocurrency coffee mug (“Gotta Hodl ‘Em All”)
Physical Bitcoin souvenir (not a real Bitcoin, but looks like one and might be a fun conversation piece)
And while you’re at it, consider shopping at Amazon’s Warehouse Deals — up to 70% off! — from this link here. Shopping at Amazon through the Survival In Motion Amazon store helps defray production costs.
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None of this is legal, accounting, financial, or investment advice.
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