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RE: The Crypto Coffee Can Portfolio

in #bitcoin7 years ago

It's always interesting to think about it like this, similar to going long with stocks. It would follow that diversifying into even more altcoins might produce better returns, similar to investing in ETFs, but since crypto is new and exciting, and still constantly evolving, it will be fascinating to look back in 10+ years and see the results. Thanks for sharing!

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You bring up a good point, might might sense to add something like ICN or TAAS or invest in a token fund so it keeps up w the changes, plus exposure to more alts.

I think it's a good idea to consider now, because we'll most likely see funds get approved for ETFs that track cryptocurrencies, similar to the effort to get a Bitcoin ETF that got denied by the SEC earlier this year. So having the physical coins now will be more profitable, because by the time the ETFs get approved, we may not see such high swings in the prices of the various coins.

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