Looking for genuine/thoughtful responses 🙏

Assuming you agree with the two statements below:
1. I can’t time markets
2. I’ve made many mistakes buying/selling  specific coins

What’s stopping you, today, from holding a diversified basket/index of the crypto market and holding it forever?

And yes, it exists.

builder @alongside (alongside.xyz) — Casts that won’t put you to sleep — come /donothing with us

You’re never going to time markets perfectly, but perfect-enough still very profitable. Crypto is fast-moving. You have to adapt (on buy and sell side) & keep room for new opportunities. Not the place for fixed allocation portfolios. Requires time & effort though, so weigh it up against your other income potential.

Photography addict | Explorer of digital & analogue worlds | Multidisciplinarian | Blockchain adept | https://framesofmind.xyz

Fair enough. But if you put in the time & effort there is still plenty alpha. It comes down to where your time & effort is best spent. Thiel & DWR go 50/50 BTC/ETH but not all of our potential avenues of effort are like theirs.

Its the old ETF versus active management debate. Averaging versus stock-picking. And, yes, for 90% of the population the index route is the way to go. “Time in market” < “Timing the market”.

Who said anything about fixed allocations? 🫡

Think marketcap weighted crypto index with quarterly rebalancing