Traditional 60/40 portfolio construction (60% Stocks, 40% Bonds) does not make sense any more as bonds are broken. Most bonds around the world are either very low or negative yielding.
Millennials & GenZers would rather hold 60% stocks & 40% Bitcoin in their portfolios.
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From a Millennial & GenZer perspective...
- They trust in #Bitcoin as digital gold
- They prefer crypto over stocks & equities
- They prefer crypto over ETFs and mutual funds
- Real Estate is at all time highs, aren't interested
- They aren't interested in precious metals
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From a Millennials & GenZers perspective, an ultra conservative portfolio would look like below...
For those of you who are invested in Kadena ($KDA), thinking about investing into $KDA or have heard about it. Here are some key points to look into before you go invest (- WARNING - BE - CAREFUL -)
Y'all might have seen $KDA chart which was quite impressive to say the least.
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Kadena $KDA aims to kill both #Bitcoin and #Ethereum in one shot. It also promises infinite scalability, upgradeable smart contracts which sound too good to be true.
If something sounds too good to be true, it probably is.
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Kadena $KDA has some lesser known investors which is a concern🤔
#Bitcoin protocol has game theory built in, it's catching fire among US city mayors lately. City mayors have been proactively attracting Bitcoin & crypto community for seeking talent, jobs, investments and other economic reasons.
Effectively holding a futures based #Bitcoin ETF is losing money from your account faster than Fiat. Imagine you had 1 Bitcoin just 20 months later holding 0.8 Bitcoin.
Just buy physical #Bitcoin and hold your keys. Don't lose your money to Wall Street rent seekers.
When you hear negative things about #Bitcoin like
- Bitcoin will go to zero
- Bitcoin is energy intensive
- Bitcoin is centralized
- Bitcoin will be shutdown
- Bitcoin is used by criminals
etc. don't pay attention, they're unaware of facts...
They say: #Bitcoin could go to zero, its primarily mining centralized in China 🇨🇳 and the state actors could 51% attack this network and bring it down to its knees.
We say: China 🇨🇳 banned #Bitcoin mining and the industry just moved out of China and it's growing outside.
Turkey's 🇹🇷 national fiat currency Lira has seen turbulent times as (highly volatile) recently. More and more people are opting out of Turkish Lira and diversifying into other assets & currencies to preserve their purchasing power.
Time for a thread 🧵 👇
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The Turkish lira is the official currency of Northern Cyprus and Turkey, represented by the ISO code TRY and abbreviated as TL.
The Turkish new lira is the second issue that was introduced at the beginning of 2005.
TRY is in devaluation, regularly hitting all-time lows.
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To get a brief sense of its inflation, here are some sample yearly numbers. A monthly chart for USDTRY attached.