Is something wrong with Andrei Jikh's crypto portfolio?

in LeoFinance2 months ago

Crypto and stock trading are parallels that have existed in their sphere. The distinction between both exists for a multitude of reasons that include regulations. However, in recent times, we've noticed that people like Andrei Jikh are moving from the largely regulated stock market into crypto trading.

image.png

Andrei Jikh is a Youtube that's worth over $3m and in the past, he focused most of his content on stocks. However, in recent times, he's made the switch to crypto trading.

Why crypto?

Well, the question is, why not? I mean, this is literally where the party's at these days and as an influencer, Andrei knows the importance of riding the wave of the moment.

He does include a caveat that one should only allow 10% of their portfolio in crypto but I doubt he's actually obeying that rule.

Crypto has attracted a lot of interest from various types of investors. The market is still young but its absorbent properties are quite frankly immense.

Interestingly, Andrei's portfolio doesn't include any "dividend-paying" crypto. In crypto, it goes by many names; inflation, staking rewards, and many others.

Then again, this is under the assumption that he's not mining any of the assets he holds in his portfolio. However, cryptocurrencies offer ease of access that stocks unfortunately do not offer.

When it comes to timing the market to take out profit, cryptocurrencies offer a very simple route. Stocks, on the other hand, experience timing issues that limit derivable profit.

Regulations

Also, while cryptocurrencies have recently been getting the attention of various governments, it is still a largely unregulated market. compared to stocks, there are fewer hurdles in accessing cryptocurrencies.

SO, on one side, it might mean that the crypto market is riskier, especially for new investors. Andrei also realizes that this higher risk translates to higher rewards.

If you think about it, the crypto market is a purely international market and regardless of your location, you can access these digital assets. So, with this premise, it's safe to assume that inhibitors of growth are fewer.

Also, unlike the regulated stock market, the cryptocurrency market has no ceiling. The market has experienced an exponential rise to prominence and while this also means that the fall will be exponential if you look at it from a glass half full perspective, it looks promising.

Final thoughts

Moving away from stocks to crypto is a trend that will become very common. However, while I do think it is a good move, I don't think it's advisable to move out of stocks entirely.

Also, if you're moving away from dividend-paying stocks, why don't you do more research and just try out dividend-paying Defi platforms instead? His portfolio seems poorly researched, and includes some pointless assets that don't align with his idea of "slow and steady" dividend.




Please check out my Freelance gigs:

Signup for Presearch: A search engine that pays you

Contact me


Posted Using LeoFinance Beta

Sort:  

Or just hold everything as I do xD
I have stocks, Index funds, Crypto and Defi. I just dont have much in anything

Yup, that works too.

good for you. you own a lot

Posted Using LeoFinance Beta

Not in terms of money value

yeah as asset

Posted Using LeoFinance Beta

Well. My stocks gives me 4% return every year, so that sucks.
Celsius gives me around 6% per week on Crypto.
DeFi is in a whole other league with over 100% APY xD

Even HBD savings is better than a lot with 10% Apr xD

Also, if you're moving away from dividend-paying stocks, why don't you do more research and just try out dividend-paying Defi platforms instead? His portfolio seems poorly researched, and includes some pointless assets that don't align with his idea of "slow and steady" dividend.

This is what I never understood too.

Like you said, it just seems poorly researched.

...or maybe Jikh knows these mainstream cryptocurrencies will get more YouTube views and he knows exactly what he's doing.

;)

Posted Using LeoFinance Beta

great take. he is probably looking for a bit of name recognition so his followers feel like his opinion is legitimate, though if he were truly well researched, he'd be finding more interesting projects.

and Litecoin? it's just coasting on prestige, and Charlie Lee cashed out ages ago.


Posted via proofofbrain.io

It's almost certainly about the clicks. I understand Bitcoin, Ethereum and maybe Doge because of the hype but virtually everything else doesn't make any sense.

Posted Using LeoFinance Beta


The rewards earned on this comment will go directly to the person sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.

Admittedly, I have not been following this Jikh guy although he's talked about on LMT.

His portfolio seems poorly researched, and includes some pointless assets that don't align with his idea of "slow and steady" dividend.

So you're saying he does not practice what he preaches? If so, what kind of influencer is he anyway?

Posted Using LeoFinance Beta

I to think so L had bought some crypto some time ago and am now in 35 to 40% loss

Posted Using LeoFinance Beta

I have looked at andrei's portfolio and it looks like Mark cuban's in the early days, but wait a few months for him to give an update and we will see better dividend paying currencies.

Posted Using LeoFinance Beta

We have chosen to support your post because you are one of the good promoters of Hive on Twitter based on our Hive Twitter Daily Report by @hive-data.

We appreciate your time and enthusiasm for promoting Hive. Keep up the good job! 😍😍😍

This is done with the support of @theycallmedan the @threespeak team.