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  1. Agent23

    The Alternative Investments Thread

    What goes up, must go down, The firesale will probably start soon, my dudes! I am sick and tired of being fearful and wanna switch to being greedy soon.
  2. Agent23

    The Alternative Investments Thread

    Indeed, when the market bubble pops I might buy whatever crypto ETF looks most diversified though. Antifragile barbell approach and all.
  3. Agent23

    The Alternative Investments Thread

    Well, I guess we will have to wait and see, I am of the more pessimistic persuasion, and I am skeptical about any reliable short to middle-term gains, and lukewarm on the longer-term prospects. You are obviously on the other end of the spectrum, IMO we can agree to disagree, and start a cryptos...
  4. Agent23

    The Alternative Investments Thread

    It has as much value as people put into the network and get back out of it. About a quarter to half of the world population though, are iirc banned from using crypto by law and its status as a legitimate unit of exchange is quite uncertain, the price also fluctuates a lot more than that of, say...
  5. Agent23

    The Alternative Investments Thread

    And I told you, the ledger can be of some use, but the current crop of tokens is pretty much meh. People generate proof of work to get tokens, while the proof of work was supposed to signify that something of value was produced. Bitcoin farming atm is just burning massive amounts of energy, and...
  6. Agent23

    The Alternative Investments Thread

    MORE GOOD INVESTING BOOKS The Intelligent Investor (Mr. Market concept.) One Up On Wall Street (probably the most entertaining and accessible.Explaining purely human factors regarding the stupidity of smart money) This Time Is Different: Eight Centuries of Financial Folly (Very, very relevant...
  7. Agent23

    The Alternative Investments Thread

    As I said, I am fine with distributed ledger technology, it is just that I doubt it will replace the existing tech any time soon, and most normies don't care if their payment app or credit/debit works through the regular banking system or some form of blockchain DeFi. In any case, the protocols...
  8. Agent23

    The Alternative Investments Thread

    Nope, crypto is stateless fiat, there is no real intrinsic value to it, or alternate uses. Gold and silver, on the other hand, are of some actual use. Better a pet rock than a pet block of unintelligible ASCII, IMHO.
  9. Agent23

    The Alternative Investments Thread

    There is a world of difference in developing blockchain-based stuff and throwing massive amounts of energy to crank out crypto tokens. Also, most of the stuff that blockchain can do is doable with other tech, like SWIFT.
  10. Agent23

    The Alternative Investments Thread

    A.I. and Fusion are, tbh the two "great new technology game changer" propositions that haven't panned out since at least the 80s and that have always been a few years away.
  11. Agent23

    The Alternative Investments Thread

    Look into an Index fund that is not owned by Black Rock, tracks a non-Western/non-US index or invests in an industry that is not over-hyped. make sure it is not something tech-related, you can buy gold and silver company ETFs or invest in the whole stock exchange of a whole emerging market...
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