Crypto Currency Investing Conclusion Summary: The Long Game

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“We tend to overestimate the effect of a technology in the short run and underestimate the effect in the long run.” - Roy Amara (Amara’s Law)

Amara’s Law can be applied to the world of crypto in spades.

It certainly has not changed the world as some enthusiasts hoped it would (yet), but it’s not going anywhere.

No one can predict the future, especially in the world of crypto.

But one thing you can be sure of is a bumpy ride.

Any crypto currency you buy and hold will probably halve in value at some point over five years.

But if you have the stomach to weather those storms and keep holding, then you just may be rewarded when they skyrocket back up.

Think of crypto as any other investment vehicle, because that is what it is.

There is money to be made, but there is also risk.

Diversify into crypto by putting 5 to 10% of your portfolio into it, and spread that out over several coins.

Finally, only invest what you would be comfortable to lose.

A note from Sam: I skipped writing a summary for Chapter 11 of this book because it was a bunch of predictions from 2022.

If you are interested to see if the author was correct in any of his predictions, I guess you’ll have to get the book.

Read the first chapter of Crypto Swing Trading.

Buy The Only Crypto Currency Investing Book You Need here: https://amzn.to/3Zt9vgj