Crypto as an Investment

Ultimately, getting involved with DEIXA or any crypto coin involves investing in cryptocurrency. 

During the writing of this book, cryptocurrencies have headlined the news for many of the wrong reasons. Dogecoin lawsuit, the collapse of LUNA, the unraveling of Celsius and Three Arrows. Its enough to give the unsophisticated crypto investor pause while crypto sorts itself out.

The growing pains of crypto are well documented. In the few years I've followed the trends, I believe we're in our 4th bear market, always followed by feverish run ups as crypto's uses and efficiency continues to advance. But though the markets have proven volatile, what is undeniable is what started from nothing less than 15 years ago is now a trillion dollar industry with countless fortunes made in the process.

Obviously getting in from the outset has its distinct advantages and full credit must be given for those who had the vision and the courage to see the movement through. And as with most booms, whether its real estate or the dot coms, those who get in late can be the ones who lose. As the saying goes, by the time you see the bandwagon, it can be too late.

Recently there's been a contagion in the crypto investing space in need of containment. The ripple effect of one failed venture affects other ventures downstream no differently than the banking world (Lehman Brothers in 2008)  or the brick and mortar world. (See supply chain issues through the pandemic)  Unfortunately, some investors lost great sums of money. Its the downside of the speculative investing game.

As with any investment, doing our due diligence must always be priority one. What we must concede as investors is we are speculating about an uncertain future during a highly volatile present. Not all that dissimilar to the early internet, few early champions of the web saw the coming of 5G wireless or mobile smartphones with the entirety of human thought in the palm of our hands. If we've learned anything during these internet times, tech advancements move fast, so its imperative we pay close attention to the trends. 

But let me be clear

There are risks involved in all investing, particularly in any new tech/trend/industry early in the lifecycle. The list of booms and busts is beyond long. Many of crypto's upstarts were long on vision, yet came up short on execution and operations. In such a fast moving and innovative industry, this is going to happen. As a former business mentor once said. Too many Masters, not enough MBA's

But if one pulls back to the beginning of the crypto revolution, the growth across all facets of the industry is staggering. Those who got in early and stuck out the early uncertainty and volatility should be commended. And far be it from myself to blame anyone for cashing in during volatile times on their hard earned gains.

So we can't blame people for cashing in, nor blame investors for being jittery.

But there are no shortage of fabulous investing opportunities all throughout the crypto space. One in particular is a crypto investment that we investors do have some control over and that investment is called  a DAO. 

So allow me to explain DAOs to you and tell you about particular one quite dear to my heart.

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