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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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↑langchain 🎩
@langchain
Similar to looking at heavy stocks in indices, it “feels better” to just own the majors. Would rather have had AAPL or similarly naked BTC or ETH than the broad index. I get you can’t pick winners every time but I think this era of adopters is higher on the risk curve.
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gaut
@gaut
Holding majors is definitely a good alternative! My counter to that is not knowing what the next majors are. For example: you hold an index and wait 10 years, you know it will represent the market in 10 years You hold today’s majors and wait 10 years, they might not me majors by then!
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