Friday, April 16, 2021

Crypto Exposure Through Stonks Herp Derp

I always remember the saying, "When you have a hammer, everything looks like a nail".

I recently read this post by Seedly, and thought to myself,


"When you're a stock investor, every investment has to be a stock"


IMO, proxy crypto exposure through stocks is really stupid.

(By the way, I can swear and be non PC now because I have closed my AdSense account, KEK)


When people talk to me crypto, I try very hard to help them understand that significantly superior risk/rewards strategies exist without them having to take on crypto price risks.


Unfortunately, no one wants honest low-risk, high returns strategy (10-40% returns in a year).


If they are going into crypto, they just want to degenerate and yolo go for 10-100x returns.

Because, it's all stupid anyway, and it's just a gamble.

Just fun money to have some excitement.

Win or lose, all based on LUCK.


If that's how you think, you can

Have Fun Staying Poor

3 comments:

  1. Honestly still trying to find the 20 to 40%. Maybe i am too stupid or something. But yeah, am learning. Thanks for telling me on the 10% though. Appreciate it alot.

    ReplyDelete
    Replies
    1. As simple as looking at any of the major BSC yield aggregators giving ~40% yield on stables. Look at Curve on ETH, Ellipsis on BSC and many more

      Delete
  2. Hi GMGH, can you share the strategies you have for superior risk/rewards without having to take on the big risks in crypto prices?

    ReplyDelete

Observe the house rules.