1 in 1 Million Strategy

Everyone has their methods for stocks...

When I consider crypto I believe in a diversified approach with established tokens (BTC, BCH, ETH, etc) and projects to minimize the risk on any one crypto. I work towards the 1 in 1 Million Strategy for crypto. An example can be seen in the associated image. Realize in 2019/2020, there was approx 18.6 million millionaires. Because of population sizes, being 1 in 1 Million is pretty significant if any of these succeed long term. This isn't about making money but more about holding a certain percentage as we enter into an era of digital currency and cryptographically secured industries.

Just imagine if you were 1 in 1 Million with #Bitcoin. Only so many people can hold 1 BTC and even less can hold 21.

What do you think it might cost to be 1 in 1 Million five years from now...?

This is something I think about when making decisions but as with anything, have a why? Bitcoin has become Gold 2.0 although it has not been successful as a currency. Bitcoin is considered a non-correlated hedge to financial markets. Realize when selecting crypto tokens, you need to understand the purpose of holding them. Some tokens are for staking and the value is in providing support for the protocol or platform, a form of ownership. This sometimes requires you to hold a specific amount for its intended purpose, offering no utility other than speculation. Other tokens may represent a vote in governance. There are also many tokens which provide little utility and thus have little value especially in the world of yield farming. Like investing in an IPO company, have a purpose and understanding of what you are investing in. If playing in DeFi, be sure to do your due diligence as there is no quality control but there are plenty of scams. For most, entering the space through a recognized established exchange will be the safest solution in building a portfolio. Coinbase has some great educational resources on various crypto tokens through https://www.coinbase.com/earn.

Those in crypto currency are still early but adoption is accelerating fast.

Will you be 1 in 1 Million?

What's your thoughts and strategy?

Coinbase referral: https://www.coinbase.com/join/593c616f1a0bd2082bebf06e

Disclosure Statement: This is just my observation and findings. This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained here constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments whatsoever by the author, presenter, or other associated parties for the content being provided. Crypto is a speculative and high risk investment with potential for complete loss. Regulation of crypto is currently undetermined and often changing. Past performance is no guarantee of future results.

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