
Should I invest in crypto?
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Ṁ35resolved Apr 6
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Free advice: No. Crypto is not an “investment” because there is nothing of value underpinning your purchase; you are simply hoping (gambling) that other people will also think that crypto is valuable. In its basic terms, crypto sounds like the definition of a pyramid scheme, so only spend money there that you can afford to lose.
If you want to actually invest, think in terms of something that can be valued, like a business, a commodity, or a property. The best way to invest in these things of actual value is an index fund, which lowers your risk while still delivering solid returns. Vanguard is a great place to get index funds because they keep fees relatively low.