Optimal Finance Daily - Financial Independence and Money Advice 3420: I Will Never Recommend Crypto by Kevin of Financial Panther on Alternative Investing
16 snips
Jan 12, 2026 Kevin makes a compelling case against cryptocurrency, citing its speculative nature and environmental issues. He shares his belief that financial success comes from low-risk strategies like index funds, stressing consistency over chasing quick wins. Risky schemes and scams are explored, while a steady investment strategy is recommended. Kevin emphasizes building assets and minimizing fees for long-term growth. To address FOMO, he suggests limiting crypto investments to a small portion of one’s portfolio.
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Fake Account Promoted Crypto
- Kevin recounts a reader telling him a fake Instagram account used his persona to promote a crypto scheme.
- He clarifies he will never recommend crypto and attributes such promotions to hacks or imposters.
Crypto Lacks Intrinsic Value
- Kevin argues crypto has no intrinsic value and is driven by speculative hopes someone will pay more later.
- He also highlights how crypto markets are rife with scams and predatory schemes.
Win By Consistent Long-Term Investing
- Kevin advises that crypto's big-win allure is unnecessary because consistent saving and long-term investing wins.
- He stresses starting early, staying consistent, and avoiding chasing home-run picks.
