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> means it's possible for it to lose out horribly. Yea, as with any risk, it's possible for the risky bet you are taking to end up being.....risky...that's wh
by intev 5y ago
> means it's possible for it to lose out horribly.
Yea, as with any risk, it's possible for the risky bet you are taking to end up being.....risky...that's why it provide asymmetric returns.
Obviously the appetite for risk is an extremely personal preference. The way I see it, this is a once in a life time opportunity to get in as institutional money is pouring in and its legitimacy is still being debated. Because once it becomes legitimized there won't be any real opportunity. It will become boring and very predictable.
Also in some countries there's literally no choice. It's either the local bank which forces you to save in the local currency and your savings become discounted every year, or this, which, while risky, seems to solve two problems (retain and grow your nest egg).