Lucent

Deleted Bogleheads post

Jul 16th, 2021 (edited)
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I'm convinced of the Bogle philosophy of holding total market to maximize returns and minimize risk. What I find most convincing is that guessing individual stocks will miss the superstocks that buoy the market.

I don't have a lot of confidence or belief in any specific cryptocurrency, just as I don't believe in any specific stock. Long term, I believe some cryptocurrencies will emerge that act like superstocks, lifting that entire market as Dell did the US stock market in the '90s, and I would like to be exposed to those increases in value.

Is there a reputable fund that captures a large amount of the cryptocurrency market (over 50 coins, with alt-coins) in some kind of passive, market cap-weighted strategy? I have some extra cash on hand, <5% of my portfolio, I'd like to allocate to such a fund, mirroring my fiat currency investing strategy but in the blockchain world.

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