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RE: Rant: Learning basic Risk/Reward applied in real life - related to crypto currencies. Why cryptos aren't risky investments at all
99%!? Wow, you need to diversify, its so risk to have everything in such a volatile market. Crypto is a great investment, but 99% of you money in anything is not a great idea unless you’re hosting a node and have a guaranteed income every month.
I live in Venezuela, it is much more profitable, beneficial, but above all, safe. Cryptos is much more stable than the local currency, cause inflation exceeds 3000%
I disagree. Why is cryptos volatile? Sure..certain cryptos are volatile..just like certain penny stocks are volatile. But IMO the risk reward is much greater in the crypto currency market than in the traditional stock market. Even I am probably..lets see actually, I have 31% of all my net worth in cryptos. And I live in a Scandinavia. It makes perfectly sense or Vieira to have 100% in cryptos as he lives in a shithole.