This seems like very sound advice for years gone by.  But there's one more very important consideration.

We're overdue for a big stock market correction even by normal standards.  But many are saying that the massive, irresponsible money printing by all the major central banks is going to catch up with us at about the same time.  Plus, the US dollar is very likely to fall from it's position as world reserve currency.  Bad things are lining up to give us the big one.

Why is that relevant to the COIN ETF?

Because investors right now are scrambling to find something to invest in to protect their money.  Bonds don't look good.  Real estate seems to be inflating into another bubble.  Stocks are still performing well, but we expect them to loose half their value in the correction shortly.  PMs seem like an excellent bet, but the non-money status of PMs is different right now than at any time in recorded history, so caution is in order.  CD savings lose money against inflation and risk bank failure.  

What's left?  Diamonds and art, I guess, but you have to have a lot of knowledge to avoid getting ripped off.  Dollars under the bed actually has some appeal.


I'm guessing that a lot of investors are looking around for something, something they can invest in that will hold its value through the correction and ensuing depression.  The fact is, we don't know how bitcoin will perform because it hasn't been tested.  But I think a lot of people will be willing to find out.