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RE: Crypto20 will coin rise too?

in #crypto207 years ago

I've been reading a lot about this lately and I get the impression a lot of people are not interested in trading their tokens. I know the trend is for coins to dump below their ICO price once they hit exchanges, but I think the concept of a crypto index fund is attracting the "buy and hold" boring index investors - the type of investors who check their balances once a month instead of multiple times a day, which speculating on multiple coins leads to.

The crypto market is more volatile than the stock market and it appears easier to make big gains - those who have been in the market for a short period of time know from experience (and it doesn't take much) that losses are a lot easier to come by than gains.

But I think at their core most people, whether investing, trading, speculating or gambling believe that blockchain tech has a tremendous upside potential, both in growth and application. An index fund that accurately and legitimately captures that market growth is really appealing. Just look at new user stats for coinbase - people are wanting to get into this space, but there's still some barriers.

Imagine the growth if people could set up an automatic transfer once a month into a crypto index fund and go about their lives - just as easy as a 401k.