Mfw I got into Crypto just now after all those years

Kill yourself you pathetic salty nocoiner. You clearly don't get the point. Go buy some ETF's and get out of my thread, you retard

Shut up fag even billionaires are investing now

Cope.
Even if a billionaire throws $1M into crypto, that's 1% of their portfolio. It's play money.

Crypto is a ridiculously small percentage of the world market. Even allocating 1% to it is a disproportionately large exposure.

*0.1% of their portfolio

I was like you until I started depositing LEND to buy more LEND to buy more LEND to buy more LEND to buy more LEND

It's not about crypto it's about blockchain if you don't get that by now ... Wow

Decentralised computer networks that offer services to the public that anyone can buy equity in via tokenisation

>Crypto is a ridiculously small percentage of the world market. Even allocating 1% to it is a disproportionately large exposure.

Which is why this shit will moon you stupid fag.

Started with $750 now over $4k because of DMG.

I have never made money in crypto yet I I just keep buying.

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Ok I'll spell it out for you, crayon muncher.
Blockchain is an open source slow database with a lot of disadvantages, and a couple of advantages.

Does it provide value? Maybe.
Any company can use Blockchain in a product, does that mean that bitcoin itself has value? No.
"Investing in Blockchain" is a stupid argument. It's like "investing in math".
You're buying the tolken, not a patent to a piece of tech.

Would you invest in a company that uses SQL for their sales table because you "believe in the tech"?
If you do, you're a retard.
You should invest in companies that provide a product that people want, you shouldn't care how their tech backend is implemented.

>Beanie babies are a small percentage of the market. Therefore they will moon.
Just because something is niche, doesn't mean it will become mainstream.

Spotted the retard. How fucking stupid are you to think anyone invests in crypto with hopes of it becoming a global currency? It’s all about blockchain technology. There’s a reason why billion dollar companies and billionaires have began investing in blockchain the past couple years, which was not the case 5-10 years ago. If you can’t see the writing on the wall of all the new big money that has already started to flow in and will only increase going forward then you’re an absolute low IQ retard who doesn’t deserve to make it. All the bread crumbs are there, this couldn’t be any more obvious.

You just answered why crypto is about to moon harder than the stock market ever has you fucking moron, how dense are you?

>Spotted the retard. How fucking stupid are you to think anyone invests in crypto with hopes of it becoming a global currency? It’s all about blockchain technology.
Stop coping and read this: >There’s a reason why billion dollar companies and billionaires have began investing in blockchain the past couple years, which was not the case 5-10 years ago.
Google what the definition of an "hedge" is.

>been in crypto since 2017
>10k networth

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So in other words wealthier people consider BTC a viable hedge against traditional assets? Just two years ago that'd be laughable.

Kek

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A billionaire can throw $1M into crypto and that will be 0.1% of their networth. It's fun money for them.
The retards on this board are far more invested in it. In fact, a lot brag about being the only asset class they have investments on. This is beyond retarded.

Fuck Off boomer

Which assets are you most confident in and why? I'd like to learn more from cryoto-crititcal perspectives, which are rare on this board.

>Would you invest in a company that uses SQL for their sales table because you "believe in the tech"?
Imagine not understanding the basic fundamentals of an emerging market and being so aloof as to make a SQL comparison. Fucking lel.

Fine Art, Gold, Pharmaceutical Chemicals as the US rebuilds its ability to manufacture generic drugs.

Globally diversified index funds.
They have been shown by practically every academic study out of there to beat active managers over a long period of time.
This will give you the average of the global market. One big advantage over crypto is that, if my investments crash, then everybody in this board is as fucked as I am, since capitalism has ended, and there's nothing to indicate that crypto is going to be accepted as a currency.
In fact, it's very likely that it won't be accepted. Since it requires electricity and the internet to work. And that's not going to be around in case of total societal collapse.

If crypto crashes? My portfolio won't even have a dent on it.
Crypto becomes the new currency? Cool, companies start accepting it as payment and continue to make profits as before. My portfolio still goes up.

Warren Buffet famously made a $1M bet with an hedge fund in which he could beat them over a period of 10 years. He just put the money in an index fund and chilled. Won the bet almost 2 years before the time was up.

I'm not looking to gamble, I'm looking for assets with a solid foundation, and a good risk-reward trade-off.
I like my assets to have a positive expected outcome, i.e. I want the roulette table to be biased my way.