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3 Reasons I Still Invest In Crypto
Cryptocurrency is one of those strange things that no one fully understands yet you hear everyone talking about it as if it’s the next best thing. The fact is, even if you knew and fully understood the technology and philosophy behind cryptocurrencies, you’ll still probably be with the rest of the population when it comes to guessing what the price could realistically be in the net three to five years.
Nothing To Lose, Plenty To Gain
A lot of people don’t know this but cryptocurrency has been one of, if not the absolute best performing asset class over the last couple of years. People who bought a few hundred dollars worth of Bitcoin just a few years ago are now either millionaires or very close to being millionaires. The fact is crypto is in its infancy so there is a very real possibility that it may completely disappear without you making any tangible profit from it. However, the opposite is also true, crypto still performs incredibly well even when we see massive systemic crashes from the most popular crypto, it still remains profitable for most. My crypto strategy is fairly small because I maintain a crypto slice that is less than 5% of all my investments. But that’s not because I don’t believe in it, it just means I don’t like a lot of risk and I really enjoy my tried and true dividends.
