Hahaha I totally agree with what you said here. I currently have 99% of my money in cryptocurrencies, the money in my country is useless, inflation evaporates the value. I think it was type 1, but I became type 2, there was a time when I worked all day in the office as a slave, and could not pay the bills, sometimes I had problems even to pay for public transport, damn , I had to walk to the bus station where the private transport of the company went, that was a little over 5 kilometers, but since I started with the cryptocurrencies, I have freedom, I have my own schedule, there are days that worked much more that when I was in the company, but most of the time I'm simply free, especially because I spend the money on the things I really need, I do not buy garbage. By the way, I would also like to drive a porsche, it has been my dream car, although it does not necessarily need to be the 1990 model.
99%!? Wow, you need to diversify, its so risk to have everything in such a volatile market. Crypto is a great investment, but 99% of you money in anything is not a great idea unless you’re hosting a node and have a guaranteed income every month.
I live in Venezuela, it is much more profitable, beneficial, but above all, safe. Cryptos is much more stable than the local currency, cause inflation exceeds 3000%
I disagree. Why is cryptos volatile? Sure..certain cryptos are volatile..just like certain penny stocks are volatile. But IMO the risk reward is much greater in the crypto currency market than in the traditional stock market. Even I am probably..lets see actually, I have 31% of all my net worth in cryptos. And I live in a Scandinavia. It makes perfectly sense or Vieira to have 100% in cryptos as he lives in a shithole.
It seems a bit risky to invest in the traditional stockmarket..so I think 99% in cryptos is risk averse :D
You've got 99 problems, but cryptos aint one!