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My Principles for Cryptocurrency Investing

  • First invest time to learn about the importance of blockchain, cryptocurrency (math-backed currencies) and digital scarcity (relevant to all crypto and NFTs)
  • Invest with a minimum 3-year horizon
  • The crypto proportion of your portfolio should be such that a 75% short-term drop in value is tolerable to your overall financial position
  • DCA (Dollar-cost Averaging) for moving into a position and to expand a position in a consistent way
  • Do not panic-sell and do not be swayed by short-term fluctuations
  • Base decisions on a long-term outlook, not fads or memes
  • Make sure underlying technology and its limitations are understood when investing into a new technology or stack

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