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3 Varieties of Crypto Investing for Hitting Your Financial Goals
Spring break is nearing. The kids will be out of school for a week and my wife expects to take a vacation. This means we are going on vacation. Traveling is fun, but traveling with a wife and kids can go sideways pretty quickly…if certain boxes aren’t checked. For a successful trip with my family, I figure I need 3 things: 1) A good place to go 2) A good place to stay 3) Plenty of money. Not every family has these requirements and that’s ok. The important thing is to understand what is important on your trip and how you can create the conditions for it to be successful.
I would postulate that successful investing is similar to planning a vacation. No two families will have idential goals, ideas, or requirements. I don’t like going to the snow, but the beach is right in my wheelhouse. Similarly, some people like investing most of their wealth in blue-chip stocks while others like speculating on memecoins. The important thing is to understand where you are comfortable and design your investment portfolio for hitting your goals.
Before investing in a crypto asset or in the asset class itself, it’s important to understand the three varieties of crypto investing and to have a strategy on how you will hit your financial goals by employing 1, 2, or all 3 varieties. This piece is about identifying and understanding…
