bmks270 said:
Crypto volatility makes me hesitant to put any meaningful amount into it, but I think it may be a decent asset class.
What coins would you guys recommend for dollar cost averaging into each month?
Bitcoin, Eth, Litecoin...?
I held some chainlink for 3 years before selling it all for a small doubling of my Money, when I could have 5-6x if I was still holding it. I like the chainlink concept but don't like that the founders control 60% of the supply.
It's volatile as hell but you could also treat it like pennies/play stocks for now to get you mentally around it. So, for me, that just means a small pool of fun money that goes into plays like this.
I've put about 4k into it since late 2019 and I'm currently sitting at 11k. Thats almost solely Litecoin and Stellar Lumens for me. I own several others in minute amounts by simply watching all of the 2 min videos on Coinbase so those were free.
I have doubled my BTC to 0.006 which will probably have me owning my own island next year though. That will be awesome.