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RE: Dear friends and family. Please take a weekend and really investigate block chain investments. You're gonna miss the boat!

in #steem7 years ago

thanks for sharing @aggroed - great content. From my own perspective, I'm starting to view crypto more and more as a portfolio diversification play. Just like they teach you in Finance 101, "Don't keep all your eggs in the same basket." For anyone, crypto is a great way to diversify away from traditional investments like stocks and bonds. At one time, it was considered "too risky" to invest in stuff like emerging market stocks. But, as it turns out, emerging market stocks were a great way for U.S. investors to tap into globalization, to get a piece of all the value and growth that was being created by the likes of China, India, Brazil, etc. And so I see crypto kinda headed in the same direction - there's a growing sense that enormous value is being created in the world by the blockchain, and people are looking for a way to "capture" a piece of it. I don't think people should risk everything they own on crypto, but I also don't think people should risk everything on the U.S. stock market... You want to diversify away as much of the risk as possible, while still being able to profit from price movements upward.

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That's how I am starting to see it too. I think you make a really good point.

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