High risk for high reward – Ooo daredevil ![????](https://s.w.org/images/core/emoji/12.0.0-1/72x72/1f608.png)
Risk to reward ratio is higher – Possibly. Can you stomach the swings though? ![????](https://s.w.org/images/core/emoji/12.0.0-1/72x72/1f604.png)
Because the money system is going to collapse. – Inb4 currency crisis. ![????](https://s.w.org/images/core/emoji/12.0.0-1/72x72/1f602.png)
Against prudent investment ethics. A percentage yes but eggs in one basket comes to mind! Let’s keep our feet on the ground. – Yeah, best to stay diversified across asset classes too. ![????](https://s.w.org/images/core/emoji/12.0.0-1/72x72/1f44d.png)
Always told not to put all my eggs in one basket. Cryptocurrency still a gamble. – Well worth the punt, I must say. ![????](https://s.w.org/images/core/emoji/12.0.0-1/72x72/1f911.png)
blockchain tech is still on it's infancy but growing fast, so will give 10/10 in 5-7 years... – Yeah it’s def gonna take some time. ![????](https://s.w.org/images/core/emoji/12.0.0-1/72x72/1f40c.png)
"Investing" in crypto is kind of a misnomer IMO. They're primarily just payment methods (ie would you be "investing" in Yen-JPY?). Regardless, you gotta diversify your investments, so I would never want the majority of mine in crypto. - Not true. Look at PoS coins that give you a return if you stake them.
I believe in the hedge cushion of diversification – Same here!
No electricity means no crypto trading. I have hard assets for WHEN the stock market crashes. Au, Ag, Defence, Food Water. – Interesting hedging strategy… What about precious metals though? Those seem to fit into your strategy. ![????](https://s.w.org/images/core/emoji/12.0.0-1/72x72/1f48e.png)
I already do. - Gangsta ![????](https://s.w.org/images/core/emoji/12.0.0-1/72x72/1f608.png)
I'm young and bullish. – Should def take more risks when you’re young. ![????](https://s.w.org/images/core/emoji/12.0.0-1/72x72/1f44d.png)
Precious metals and crypto’s are where it’s at! – Oooooh, complimentary assets! ![????](https://s.w.org/images/core/emoji/12.0.0-1/72x72/1f604.png)
It can be turned of suddenly by any Government!! – Isn’t that cash? Plus govts can just erase bank accounts too. Governments turning off crypto is less likely.
Too volatile and risky, limiting to 10% of net worth at this time – Sensible.
Come on man, we are all millennials. We don't have much of a choice. Crypto is our ticket outta here. – Ticket outta poverty hahaha. Well, I don’t think so. Investing in low expense index funds can get you there as well. Don’t underestimate the power of compounding. E.g. the S&P has a historical annualized rate of return of 8-9%, and that can really add up quick. ![????](https://s.w.org/images/core/emoji/12.0.0-1/72x72/1f4c8.png)
Putting all your eggs in one basket is a bad idea. – Agree.
It already is, and I'm at peace.I won't go crazy and sell my holiday home for more crypto, but 65% in crypto, the rest gold, silver and diamonds. {I've never trusted banks, precious metals can be worn and kept in safe}. The traditional stock market not my cup of tea, especially after watching dirty money on Netflix. So yes, if I can't access it 24/7 it not really my money i believe. – Hmm take a look at index funds… They make sense too. ![????](https://s.w.org/images/core/emoji/12.0.0-1/72x72/1f914.png)
i think for now a balanced portfolio is better.. also it depends on what you are holding.. if its BTC as investment its good. for other coins i don't think so. – BTC is king! ![????](https://s.w.org/images/core/emoji/12.0.0-1/72x72/1f451.png)