aeonflux-3D
  • Home Page
  • About us
    • What we do
    • Aeon FLux cosa facciamo
  • Services
    • Gold Service
  • News
  • Tokens
    • Token Gold Plus ITA
    • Token Gold Plus – EN
    • White Paper Aeon Flux Gold PLUS
    • White Paper Big Taurus CLUB
    • White Paper Aeon Flux Gold 100
  • Contact
  • Client Area
  • en_GBEnglish
    • fr_FRFrench
    • pt_BRPortuguese
    • ru_RURussian
    • zh_CNChinese
    • arArabic
    • es_ESSpanish
  • Home Page
  • About us
    • Aeon FLux cosa facciamo
    • What we do
  • Tokens
    • White Paper Aeon Flux Gold Plus
    • White Paper Aeon Flux Gold 100
    • White Paper Big Taurus CLUB
  • Our services
  • Our clients
  • Contact
Orion Protocol: The first gateway to the entire crypto market
May 8, 2021
Ethereum Vs Bitcoin: Ethereum’s market is on the way to overtake Bitcoin
May 8, 2021
Show all

“But Bitcoin and Cryptocurrencies are speculations!”

Published by Aeon Flux on May 8, 2021
Categories
  • News
Tags

My response to an unconvincing argument.Speculation is not an all or nothing proposition: it comes in degrees. So, something being a speculative asset doesn’t by itself mean there’s no utility full-stop. In a sense, all investments have at least some degree of speculation, because nobody knows with certainty what the future holds.¹Also, something being speculative doesn’t mean you shouldn’t invest a small amount of money into it. If you think something is risky, that doesn’t mean you don’t put any money into it. It means you don’t make foolish decisions like putting your all your life savings into it, particularly if you don’t know anything about what you’re investing in.It’s not a competition. A portfolio should have a little bit of money in super speculative assets. People want to talk about risk, but risk is tied to reward. In addition, you want to hold multiple assets that are uncorrelated with other assets.You can have your retirement portfolio be totally made up of index funds. But you can ALSO have another portfolio that is more actively managed and includes some speculative asset like cryptocurrencies, or more risky products like actively managed mutual funds or single stocks.So, at bottom, these crypto skeptics are asking us to accept a false choice: either put all/most of your money into crypto or don’t put anything into it. Hardly an appropriate objection, especially in light of modern portfolio theory and diversification considerations.²Footnotes¹ It’s not just that we don’t know the future with certainty. But often times, we can’t assign probabilities at all, so we are totally in the dark. ² I’m not a financial advisor. My purposes are entertainment.Photo by M. B. M. on Unsplash

Share
0
Aeon Flux
Aeon Flux

Related posts

November 12, 2021

The quest of STABLECOINS — The way of all stable crypto things


Read more
November 12, 2021

Fueled by Latest Inflation Figures, Bitcoin Jumps to a New All-time High


Read more
November 12, 2021

Will Positive Earnings Surprises Continue To Support Markets?


Read more

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Discover opportunity

  • Home Page
  • About us
    • What we do
    • Aeon FLux cosa facciamo
  • Services
    • Gold Service
  • News
  • Tokens
    • Token Gold Plus ITA
    • Token Gold Plus – EN
    • White Paper Aeon Flux Gold PLUS
    • White Paper Big Taurus CLUB
    • White Paper Aeon Flux Gold 100
  • Contact
  • Client Area
  • en_GBEnglish
    • fr_FRFrench
    • pt_BRPortuguese
    • ru_RURussian
    • zh_CNChinese
    • arArabic
    • es_ESSpanish
© 2022 Aeon Flux OU Harju maakond, Tallinn, Lasnamäe linnaosa, Lõõtsa tn 5, 11415- Cn° 16301206 -VAT N° EE102424021 - EMTAK code 46901 - Duns N° 686889151
.
All Rights Reserved.
Powered by IWG Web Agency
Privacy PolicyCookie Policy