Dear First Mates,
Hello everyone. Let’s talk digital assets – a topic you know is near and dear to my heart and personal portfolio.
2022 was an ugly year for digital assets. And boy do I mean disastrous. It was a perfect storm of project blow-ups, corporate fraud, the market crashing, Bitcoin tumbling, exchanges going bankrupt, and regulatory scrutiny.
The digital asset ecosystem has much work to do to overcome these unfortunate events. With that said, I’m still SUPER BULLISH. And I’ll give you 12 reasons why, as found in this excellent piece which I encourage all of you to read. This piece blew my mind!
Crypto Use Cases: 12 Real-World Stories of How Millions of People Are Using Crypto Services Today
I’m also optimistic because of growing user & institutional demand, hedging bad government & CBDCs, DeFi’s potential, and ultimately, how digital assets will improve the world.
Maybe that’s why Bitcoin is having an incredible year.
To that end, a 1% to 5% allocation to digital assets is wise. And Yale agrees with me. I’ve learned from previous bear markets is NOW is the time to invest – because no one is paying attention when things are bad, and going against the crowd is hard. And I’ve found these rough patches are when the seeds of future innovation are sown.
P.S. I’m pleased to report I’ve recently earned the Certificate in Blockchain and Digital Assets created by the Digital Assets Council of Financial Professionals – because I’m committed to providing you with high-quality digital asset advice that’s always in your best interest.
Resources
- Arbor Digital, a company I think highly of, is a digital asset money manager who helps me implement digital asset strategies for clients. Check out their phenomenal presentation deck.
Dave’s Picks
Introduction to Arbor Digital (Finance)
- Arbor Digital, a company I think highly of, is a digital asset money manager who helps me implement digital asset strategies for clients.
a-ha – Take On Me (Dance Video) @Ghetto.Spider (fun vid)
- Spidey can dance!
JVKE – golden hour (muisc track)
- Luv it!
Sidewalk Money by Meb Faber (good reads)
- Great read detailing a list of free money “to-dos
