When the Going Gets Weird, CoinDesk Readers Look for These Safe Havens

We asked CoinDesk readers where they're putting their money in this weird financial period. The answers were surprising.

AccessTimeIconMar 10, 2020 at 4:02 p.m. UTC
Updated Aug 19, 2021 at 1:13 a.m. UTC

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Our financial times are getting weird, so we asked you, CoinDesk readers, where you saw the safest port in the storm. Your answers?

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  • Out of over 8,200 votes, cryptocurrency beat out gold by over 50 percentage points while treasuries got a meager 3.6 percent of the vote. An expected result for a group of die-hard crypto fans.

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    The write-in votes were interesting, as well. Calling us out for not mentioning bitcoin (BTC) was a big favorite.

    While others were waxed philosophical, noting the real financial markets were the friends we met along the way:

    Still others advised calm. After all, when you don't know what to do, do nothing.

    Yours truly, however, felt there were far better ways to spend your cash. I have a Chef Robuchon in stained condition that I hope to one day trade for a used Camry.

    The voting is still open so head over and make your voice heard.

    Photo by Element5 Digital on Unsplash

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