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RE: This indexing crypto strategy will make you a millionaire, explained with nice cars

in #bitcoin6 years ago

Its absurd what all expert opinion is thrown on YouTube and steemit. Most content on YouTube is clickbate, or reading news articles without offering any useful insight.

New projects are evaluated solely on the basis on a whitepaper which is just a marketing document. Add buzzwords like effieciency, blockchain, secure, token, decentralized and you can scam anyone.

In such a market, i agree with you, the best thing to do is trust the market and invest in a basket of top currencies. Diversify - utility/protocol token, market cap. Also assign weights basec on market cap (trust assigned to a security by the market can be judged by market cap) and invest based on your risk tolerance. The crypto index launched on bloomberg by galaxy digital is a great start and people should stick to that. That ways you can invest in crypto without being burnt badly.

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I can see you have been doing your homework! Very smart comment. regards

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