Vitalik Buterin, co-founder of Ethereum (ETH), gave 4-stage investment advice to his followers.
Vitalik Buterin January 7 social media by sharing drew attention. Bill Gates billionaire Warren Buffett and changing his financial strategy to diversify its portfolio Citing a post focusing on 4 different recommendations found:
Portfolio diversification is good.
Save up. Get to the point where you have enough money to cover a few years of expenses. Financial security is freedom.
Be boring for most of your portfolio.
Do not use more than 2x leverage. Don’t do it.
To your followers diversify their investment portfolios Recommending it, Buterin also touched upon the importance of saving. Every investor have enough money to cover their expenses for the next few years. Experienced name stating that it should be Financial security brings freedom defended.
on the other hand An investment portfolio that is boring and does not seek action Stating that it could be more profitable, Buterin said, investors looking for excitement He implied that it could be harmful at the end of the day.
Finally, Buterin addressed investors who engage in leveraged transactions and said, Futures positions larger than 2x should not be used he emphasized. Vitalik Buterin, who points to a diversified, cautious and gambling-free investment in the general perspective, managed to receive the appreciation of the cryptocurrency community with this post.
Bill Gates also followed these steps
In the post cited by Buterin, it was stated that Bill Gates began diversifying his portfolio after becoming friends with Warren Buffett. Taking action from that point on, Gates began to diversify his portfolio by selling Microsoft shares. Bill Gates’ current wealth is $138 billion, and if he had not diversified, it would have been $1.33 trillion.