A very happy Diwali 2021 to each one of you and I hope you and your dear ones have a fantatsic year ahead.
Before we begin please understand that Crypto is a very new,volatile and speculative asset class, it is not uncommon for prices of some tokens to rise 1000% and then drop 99% in matter of days and minutes
Picture source – Twitter @tanayj
Two more things
- All together these Crypto bets are less than 2% of my family’s networth so even if all of them of go to zero it will not create financial ruin for me
- I am constantly evaluating new projects and crypto moves at 10x speed compared to equity markets so many bets would be dropped off and many others would be added as my knowledge of the ecosystem improves
Now onto bets
Ethereum (ETH)
By the far the biggest network in crypto space the adoption has seen insane, Ethereum is a supercomputer. Ethereum uses blockchain technology to decentralize every piece of technology or app that we currently use. The much needed move to POS (proof of stake) upgrade is coming to network next year and to me it remains a top project to track… Read the rest