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gaut
@gaut
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.
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Jason
@jachian
Genuinely for me in this order: - I understand stocks as an asset class better - Not sure what the benefit of index of crypto assets over S&P index / VTI and if that makes sense for me - Off hand don’t know what is in the basket - Also don’t know if it’s as simple a purchase as BTC/ETH on Coinbase
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gaut
@gaut
Rather than thinking “replace my stocks index with a crypto index” i meant more “invest the money i have in crypto into an index rather than by hand” For this specific example, the basket is top 15 assets in the space (tracking the market at ~98% efficiency) and it’s tokenized so as simple as buying BTC
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Jason
@jachian
Got it, helpful! For me specifically I lean very normie. Really have not had anything in crypto until the start of this year Small allocation I have is in ETH for minting in the FC ecosystem
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