Crypto/Digital Asset Long Term Plan
Forget the short term noises.
Look at the long term.
Analyze the market and its potential for the next 5-10 years.
Calculate the risk reward ratio.
Ask yourself this question?
How much is the risk reward ratio for this asset class? What will happen to my investment if everything goes to zero?
Ask another question, how much reward I will get if I able to invest some now and hold it all the way to trillion dollar asset?
The total market cap of crypto consists of all the big players and also the small players and upcoming projects and coins?
If we go to trillion dollar assets, what is the probabilities for some coins to do 10-50-100x or more?
If that probability exist, how much is the risk reward ratio in that case?
Remember, the ONLY people who made it big in the market is the one who took some BET few years ago. Those people who put SMALL AMOUNT of money in projects like Ethereum and others. It doesn't matter, everything goes went up in 2017.
If you want to achieve financial freedom, this IS the only way. You can try to TIME the market and play it short term with 100x, but none of the rich people in the world are traders.
Buffett, Gates, Bezos are long term investors.
Do your own math and calculate your risk to reward ratio.
Do some probabilities calculation.
Invest the amount proportional to the risk reward ratio.
If everything goes up in the future, don't blame anyone but yourself for not having the foresight to think long term and take some bet and risk today.
Look at the long term.
Analyze the market and its potential for the next 5-10 years.
Calculate the risk reward ratio.
Ask yourself this question?
How much is the risk reward ratio for this asset class? What will happen to my investment if everything goes to zero?
Ask another question, how much reward I will get if I able to invest some now and hold it all the way to trillion dollar asset?
The total market cap of crypto consists of all the big players and also the small players and upcoming projects and coins?
If we go to trillion dollar assets, what is the probabilities for some coins to do 10-50-100x or more?
If that probability exist, how much is the risk reward ratio in that case?
Remember, the ONLY people who made it big in the market is the one who took some BET few years ago. Those people who put SMALL AMOUNT of money in projects like Ethereum and others. It doesn't matter, everything goes went up in 2017.
If you want to achieve financial freedom, this IS the only way. You can try to TIME the market and play it short term with 100x, but none of the rich people in the world are traders.
Buffett, Gates, Bezos are long term investors.
Do your own math and calculate your risk to reward ratio.
Do some probabilities calculation.
Invest the amount proportional to the risk reward ratio.
If everything goes up in the future, don't blame anyone but yourself for not having the foresight to think long term and take some bet and risk today.