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RE: Inflation as a Platform Cost. Another Look at Stake

in #steem6 years ago (edited)

First thing required is that we stop calling those “serious investors” investors. Most of them have never invested and would never be welcome in an investing round either.

I’m not saying the latter is a good thing tho.

But, second, they all need to learn and accept that investing doesn’t mean that there is a guaranteed return. Even not when investing in teams. No, I don’t consider ICOs currently an investing use case for this argument. I’ve seen way too many “insight in a profitable portfolio” articles which all just relied on btc dominance and market run, rather than on insight.

So... investors will need to accept that a majority of their 2-3 years bets will fail. That is also why they need to aim 20-40, rather than short term 3-4x.

Because so many will fail that it is important that the one or two successes are huge.

It’s why investors gather in rounds, to share the risk and lower the cost of failure.

Not because they are used to throwing 300x $5,000 round in diff projects. $5,000 which they only had because of bull market btw. They did not get that $5k because of awesome insight and support.

The market is currently mostly still only traders and crypto angels who like to call themselves investors but have never previously invested.

That loud megaphone is what we are up against, I know. 😖

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I get what you mean, and no, I don't think most large wallets are sophisticated investors.

Yeah, exchange manipulation, the whole tether+finex combo really made everyone feel like a trading genius there for a second, and it's starting to make everyone feel like a real dumbass by this point.

I mean serious investor as in entities with actual large amounts of money that actually do DD and their legal paperwork before stepping into the waters.

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