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/biz/ - Business & Finance

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17268157 No.17268157 [Reply] [Original]

Traditional finance meme is to invest all of your savings in index funds like the S&P 500 but with markets looking bearish and crypto looking to enter its next boom. Are there any funds like an S&P 500 but for crypto? What is the best way to avert risks investing in crypto?

>> No.17268238

>>17268157
Maybe some day, but not yet. Consider how many dogshit projects there are in the top 100 right now on CMC that will go to zero. If you want to diversify, then don't do it in other crypto. It's incredibly high risk as it is.

>> No.17268285

>>17268238
How about equity raises on companies like Ripple or even zero-knowledge proofs like what Starkware is doing with ZK-Stark? I know that a pathetic retailer like me has no opportunity to get allocations like these.

>> No.17268827

>>17268157
Anon you should look into tokenised funds like Two Prime. Operated by Marc Fleury who sold his company to Red hat for $420M.

>> No.17268847

>>17268157
>invest all of your savings in index funds
Topkek, should look into bitcorn and precious metals to diversify your portfolio.

>> No.17268873

>>17268157
No real fund that comes close to the diverse basket of stocks the S&P 500 provides. But the crypto fund industry is growing and we are seeing more funds opening up.

>> No.17268923

>>17268238

Good answer. Though I’d buy a dapp platform ETF. That’s where there’s the most uncertainty of what’s gonna win. BTC, monero and link have a lock on store of value, privacy and oracles. But there’s no telling what’s going to win and become the main smart contract platform.

>> No.17269080

>>17268923
It might have very well not been invented yet. So I do like the idea of a fund contributing towards projects. You’ll see more professionalisme and better fund allocation instead of just raising 100m for a space coin that does jack shit.

>> No.17269468

>>17268827
>Two Prime
Probably one if not the best option so far if you’re looking for a crypto fund. The CEO is the godfather of open source, and Alexander worked as a technical advisor for the Bill and Melinda gates foundation. They also have a former Goldman kike with 15 years of experience.

>> No.17269478

>>17268157
yes

https://crypto20.com/en/portal/performance/

>> No.17269499

>>17268827
Read a small article on their new token model. Personally think this looks really familiar to what EOS did back in the days.

>> No.17269527

Just buy the top50 on coinmarketcap.....

>> No.17269550

>>17268847
Already have a good amount of BTC but looking to diversify and actually want to get some more exposure to valuable projects in the space. I can just never get my hands on anything good.

>> No.17269571

>>17269527
Doesn't cover any new token raises and equity raises. Would be cool to get those as well.