Cryptocurrency Altcoin Index Fund, 20-30 Year, Buy & Hold Philosophy (NOT RECOMMENDED)

in bitcoin •  7 years ago 

Calculate the overall amount of cash flowing through illicit industries & buried in ground. Now calculate what % need to go through cryptocurrency to have the Market Cap increase in multiples. Once illicit gains enter cryptocurrency, they'll only come out slowly.


I also failed to mention a very small percentage of my overall portfolio is in cryptocurrency. Unknown unknowns for sure.


OVERALL STRATEGY

- Index Fund for Alt-Coins (bottom 10%)

- Time Horizon: 20-30 Years

- Rebalance 1-week (but by adding)

- Shit coins drop off, sell


KNOWLEDGE

- Fiat Currency

- Austrian Economics v Keynesian

- Medium of Exchange, irrespective of direct use

     - Transportable

     - Divisible

     - Limited Inflation

     - Durability


- Understanding of Money Laundering

     - VERY HIGH NET WORTH


- Capital Controls


- Chino/Koreo Persuasion


- Index vs Individual Bets

- Buy & Hold vs Short-Term Gains

- CHINO-KOREA vs US Market


- POLITICAL CORRECTNESS

- Empathy for illicit trade

- Comfort to enter the dark spaces


- Comparative Returns


- For intimate knowledge, be a Linux nerd


- Decentralized Exchanges


COGNITIVE BIAS

- More time spent on it, the more you're convinced

- Projection


COUNTER ARGUMENTS

- Disruptive Technology

- Unknown Unknowns that are negative (Why not Positive?)


====


Dash

BitShares

Stratis

Monero

Zcash

Waves

Siacoin

Stellar Lumens

Dogecoin

Lisk

Factom

DigiByte

GameCredits

Byteball

NXT

Decred

SysCoin

Komodo

Ubiq

Bytecoin

Bitcoin

Ethereum

Ark

ReddCoin

IOTA

Steem

Bitcoin

Ethereum

Ripple

Litecoin

NEM


====


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