RE: Investment Survey - Diversification within or between Investment Sectors?
I love the advise you have presented which are basically guidelines than "Do XYZ". My answer to your survey is that it doesn't matter. What I care about is being uncorrelated. That is the true measurement of diversification. I personally have a 100% crypto portfolio (pretty much emptied my bank accounts few years ago) My #1 criteria for investment is asymmetric risk. After I filter out the best possible investments, I go for few uncorrelated investments. @steemmonsters turned out to be my best investment for 2019 in terms of ROI. Just because the cryptocurrency sector is facing a bear market, you shouldn't think that you can't have some great ROI there.
To me this is why uncorrelated investments matter. Diversification is simply a side effect of that. But I wouldn't recommend my strategies for random people. I seem to have a seriously high risk tolerance and nerves of steel to stay chill in a bloodbath. Maybe you should recommend her https://www.youtube.com/channel/UCV6KDgJskWaEckne5aPA0aQ
Douglas Kruger is another great place to look at:
Thank you for this additional material to share with her, I will surely do that!
I find you and your strategies very interesting, would it be possible to conduct an interview with you? I prefer slow, text based interviews over something like discord to allow digestion of the material and links that come up in the conversation. You may know that I run a fund and am looking to understand the best ideas in that context.
Asymmetric Risk is something I am very familiar with, and recently I have begun to discover the possibilities of multi-leveraging (usd - btc - steem - appreciating steem-backed token) - and how to move back and forth on currency spectrums. But I believe the next round of value generated will be actual profitable businesses using the power of blockchain, not new blockchain-only-businesses. If a business model is already profitable, then #STEEM can easily become a competitive advantage. But navigating these waters is something that not everyone has the skills to do - and that goes for so many different types of promising cryptos! (Komodo comes to mind, I still am not sure about my tokens after filling out the survey).
In the near future I look forward to setting up teams to build on as well as guide people through building on #STEEM, as well as building a lot of cool low hanging fruit that I see if no one beats me to it haha.
I'm really honored! I have never been asked to do an interview. I have been interested in your fund. I had to spend on buying a planet for @nextcolony I will have some STEEM to buy in later this week.
Sure thing. I have zero experience in something like this. But send your questions to "Makishima Shougo#9918" on Discord and I'll be happy to answer.
This is the single most underrated investment strategy ever IMO. This and asymmetric risk is the very core of my investment strategy/philosophy. It is the reason I'm not even invested in (or only having a small stake in) some of my favorite cryptocurrency projects like Dash, Komodo and the biggest of them all Hashgraph.
On advantage established business have is that they actually know business. Most crypto projects are made by coders. Most of them don't know much about business. I see tremendous potential in blockchain only business that provide the tools instead of products. They will be the Oracle Corporation or AWS equivalent or simply the guys who sell shovels amidst the old rush. That's why I love STEEM so much. Despite seemingly endless flaws one after the other, STEEM checks so many boxes really well.
Best of Luck with your projects! I see a great deal of first mover advantage opportunity on STEEM.
I have sent you a friend request on discord!