I invested about $1000 in Ethereum on Friday. Is this a great of idea for a long-term gain? I’m planning on a recurring investment of $100/month as well.

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If we all keep investing we all make more money! Keep investing lol

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@Deloitte1 Past performance is no guarantee of future results

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Whatever. Buy as much as you can. Crypto has not gone down ever. Look at all the fucking charts.

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Crypto is here to stay. Buy and hold on. The world as we know it is going to change

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Despite the hype, blockchain is still a speculative play. If you're looking for steady growth, you're better off investing in an index fund or ETF

I invest about 1-2k a month in eth

Whoa some common sense IB1? I think you're in the wrong bowl. I'm not saying don't invest OP, just don't treat it like anything other than a speculative play. Allocate a percentage of your total investments to it based on your tolerance for risk and assume you could lose it all. Build an ETF portfolio for the rest and watch it grow 12 to 15% YoY.

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