Hello everyone,
I am a believer in Bitcoin as being a store of value for long term potential gains. I however am not a blind follower of putting your eggs in one basket.
One can argue, that putting all eggs in one basket can provide exceptional results if you're lucky, however diversification is needed to heed off potential catastrophic losses in the case of a financial asset not working in your favor.
Do I belive that cryptocurrency will play a huge role in the future, with possible tremendous results - Absolutely.
However, do not get caught up in the hype & mania of putting your entire life savings into one asset class (cryptos) as a golden ticket to early retirement & living the high life.
Regardless of the success of cryptocurrency, it is never smart to invest all of your money into a single class of assets.
Having the belief that there is a money fairy that will take away all of the financial pains you currently have, can turn out to be disastrous.
Diversification is key, let me tell you a story.
I have a friend who had ammased a great deal of bitcoin, but by the time it peaked around 20K, he had lost it all & more some in leveraged margin trading. Margin trading is not investing, it is gambling.
If you truly care about having a decent life to retire early & not be a slave to the system your whole life, you have to think outside the box.
Now is a great time to start investing in diversified asset classes, such as stocks, bonds, gold, & real estate.
Through extensive research, & investing my own time & money selecting investment opportunities, I have a LONG TERM strategy to wealth.
This comes from having a strong mental game, not being scared out of a bottoming out market, but realizing that dollar cost averaging (over the long run), can provide substantial gains to meet your future needs.
If you haven't heard, I would like to introduce you to Fidelity Brokerage Services.
A wise man once said:
"The optimal solution for millennials is to max out the employee 401K match, then contribute the max limit to a Roth IRA, & then in taxable accounts,"
Of course, when this was written, cryptocurrency was not around.
However, the principal still stands: The stock markets will not go away, in fact many companies will benefit from cryptocurrency services in the future.
Now to the point of this message: Fidelity is a convenient (FDIC Insured) brokerage company that has recently released a vast arsenate of zero fee, low cost, & minimal investment Mutual Funds & ETF's.
These tools offer great diversification to a portfolio where many believe "crypto is the only investment I need."
Yes, you can get lucky with Crypto, & bitcoin will most certainly rise in value as a store of value during each halving event.
However, please consider that there are many tools to diversify from just one asset class to owning parts of a vast array of international companies.
Note, this is a long term strategy, & the long term strategy wins most of the time. 95% of traders will lose their ass.
In my next post, I will explain the services & offerings Fidelity offers of already diversified Mutual Funds & ETF's, at low, if any fees involved for Multinational equities.
As 1st world economies grow at a slower pace, many emerging markets are proving to be vital assets to maintain the growth our parents & grandparents received.
I will go more in to detail about why this is a winning strategy in my personal opinion, as "owning the world" will prove to be the best investment philosophy.
If you provide me your first & last name, as well as your email, I can set you up as a referral. The goal here is to buy low, & sell high as you watch those dividends come in over many years. Dollar cost average when you can, & don't think that money comes easy or cheap. You must stay vigilant, & I will be hear to help.
Many millennials (being one myself) have the idea that the only thing they need to secure their future is Bitcoin & other crypto's, deep down, do you really believe this?
Although I am not a financial advisor, I will post simple explanations of key markets with high potential, & why they are such a good buy right now.
This service will be free to everyone, for every referral I will earn $100, up to $1000/year. Much unlike the pyramid schemes like Bitconnect with unlimited earning potential (we seen how that went) I'm sure you deep down you know Bitcoin is not a get rich quick scheme, & is for long term players. If you are interested in learning about one of the most influential investment firms on the market making radical moves for consumer benefit, send me a message with your First & Last Name, & email address, this is all it takes to get started. There are other institutions with zero fees for those who prefer short term trading, & I can discuss this as well.
I am well versed in understanding financial markets, don't be a hipster millennial that thinks Bitcoin will be the market fairy.
Do I own Bitcoin, yes, am I relying solely upon that to provide income streams for the rest of my life & early retirement, no, that's a fools game.
I'm looking forward to sharing more information about my personal investments & why you should think critically about you & your family's future.
If you find Fidelity to be great, refer your friends & earn $100/referral.
Fidelity is a major financial institution that makes other financial firms quiver in their sheets.
Til next time, don't stop dreaming, & start securing the future you & your family deserve.
Best regards,
Royalcrypto
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