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almost 10,000% this year. The meme coin carries a $35B market cap at the time of writing. While I like the smaller market cap, Dogecoin is too speculative for my preference. We’ve also seen the same coin fall over 60% in a few months.</p><p id="667b">Lifetime returns on Bitcoin and Ethereum would make any investor jealous. They have appreciated 64,000% and 169,000%, respectively, since their humble beginnings.</p><p id="cc24">Bitcoin and Ethereum also dropped drastically in a short period of time after the 2017 run-up. I’ve changed my investing perspective considerably to buy into these cryptocurrencies, but not enough to get into Dogecoin. The only alt-coin I am considering is Litecoin, but I feel safer with Bitcoin and Ethereum at the moment.</p><p id="4743">The high returns on these assets are undeniable, and they don’t look like fads. More governors and cities are paying salaries and accepting payments in crypto.</p><p id="0b60">Any negative news on inflation will further fuel the crypto momentum.</p><h1 id="9f2f">Crypto Volatility</h1><p id="4258">The volatility was initially a big concern for me, especially after what happened in 2017 and 2018. After watching my holdings frequently experience daily movements of 3% or more, I’ve accepted the volatility.</p><p id

Options

="5966">I plan to hold onto my crypto assets for years to come. Similar to stock volatility, short-term crypto volatility no longer bothers me. The long-term narrative for established players like Bitcoin and Ethereum looks strong, and I’ll stay invested for the long haul.</p><h1 id="c9d2">Balancing My Portfolio</h1><p id="c3fe">I’m primarily investing in crypto instead of stocks because of my portfolio’s structure. As it stands, I could lose all of my crypto holdings and barely feel any impact considering its place in my portfolio.</p><p id="8c73">I am adamant about not selling any stocks to build up my crypto holdings. Almost every dollar I earn for the rest of the year will go towards crypto. If cryptocurrencies were more than 5% of my holdings, the conversation would be very different.</p><p id="1bde">I’m taking a temporary hiatus from buying stocks in favor of crypto. I anticipate inflation and supply chain issues being some of the many economic headwinds that keep growth stocks in check. Earnings season, a significant catalyst, is coming to a close. A concluding earnings season will give headwinds more prevalence in investors’ minds.</p><p id="907f">Crypto is gaining increased importance in my portfolio. I intend to continue with that trend.</p></article></body>

I’m Buying Crypto Instead Of Stocks

I completely jumped ship…

For years, I overlooked crypto. Bitcoin’s bubbly rise to $17,000 per coin in 2017 screamed speculation gone wild. The currency crashed in 2018, falling to roughly $3,000 per coin. Bitcoin stayed flat for a bit before exploding into the current rally.

Now, everyone seems to own some Bitcoin. Tim Cook recently shared that he owns cryptocurrencies. While I’d never let Tim Cook’s opinion sway my investing decisions (or anyone for that matter), a growing number of people have embraced cryptocurrencies.

My tipping point was inflation (transitory…ha!) and supply chain issues. Both issues will negatively impact companies and fiat currencies. Cryptocurrencies look like a haven amid these issues.

Crypto Produces High Returns

A combination of viability and speculation has yielded excellent returns for cryptocurrencies.

Dogecoin is up almost 10,000% this year. The meme coin carries a $35B market cap at the time of writing. While I like the smaller market cap, Dogecoin is too speculative for my preference. We’ve also seen the same coin fall over 60% in a few months.

Lifetime returns on Bitcoin and Ethereum would make any investor jealous. They have appreciated 64,000% and 169,000%, respectively, since their humble beginnings.

Bitcoin and Ethereum also dropped drastically in a short period of time after the 2017 run-up. I’ve changed my investing perspective considerably to buy into these cryptocurrencies, but not enough to get into Dogecoin. The only alt-coin I am considering is Litecoin, but I feel safer with Bitcoin and Ethereum at the moment.

The high returns on these assets are undeniable, and they don’t look like fads. More governors and cities are paying salaries and accepting payments in crypto.

Any negative news on inflation will further fuel the crypto momentum.

Crypto Volatility

The volatility was initially a big concern for me, especially after what happened in 2017 and 2018. After watching my holdings frequently experience daily movements of 3% or more, I’ve accepted the volatility.

I plan to hold onto my crypto assets for years to come. Similar to stock volatility, short-term crypto volatility no longer bothers me. The long-term narrative for established players like Bitcoin and Ethereum looks strong, and I’ll stay invested for the long haul.

Balancing My Portfolio

I’m primarily investing in crypto instead of stocks because of my portfolio’s structure. As it stands, I could lose all of my crypto holdings and barely feel any impact considering its place in my portfolio.

I am adamant about not selling any stocks to build up my crypto holdings. Almost every dollar I earn for the rest of the year will go towards crypto. If cryptocurrencies were more than 5% of my holdings, the conversation would be very different.

I’m taking a temporary hiatus from buying stocks in favor of crypto. I anticipate inflation and supply chain issues being some of the many economic headwinds that keep growth stocks in check. Earnings season, a significant catalyst, is coming to a close. A concluding earnings season will give headwinds more prevalence in investors’ minds.

Crypto is gaining increased importance in my portfolio. I intend to continue with that trend.