> Be careful when you venture in this world people. It's never a bad idea to stay anon. The established players are extremely, extremely rich, they don't pull a

> Be careful when you venture in this world people. It's never a bad idea to stay anon. The established players are extremely, extremely rich, they don't pull any punches, and can bend the public opinion almost at will. I am a crypto pro and I am often asked by friends and acquaintances, "What should I buy?", "What is the hot coin?" etc. The answer is what you say in traditional finance - "Buy the market!" - not "Immediately invest all your money in out-of-the-money options and junk bonds!" What I recommend is 50% BTC and 50% ETH, and dollar-cost-average some very insignificant amount every month. Don't put anything in you can't 100% lose. I think people on HN recoil with crypto because it's very easy for uninformed people to invest a lot of money in scams, while theoretically a similar-stage scam in traditional finance would only be open to accredited investors. My counterpoint is that you need to be very technically adept to use something more advanced than Coinbase, and even Coinbase is not exactly easy for a non-technical person. The people investing in the most risky, extreme edges of crypto are overwhelmingly aware that this is extraordinarily risky. If you think early-stage investing has ever been a safe game, you are sorely mistaken.