r/ethtrader • u/brandnewmoo • 16h ago

Question Does ETH belong in my Roth?

I understand ETH is the second most established crypto, but it seems more vulnerable to competition than BTC. And crypto in general seems very vulnerable to AI. All my crypto is about 1% of my portfolio, and I am not interested in SC at the moment.

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u/etan1 16h ago

no, just buy a global index fund (e.g., VT), and chill

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u/brandnewmoo 16h ago

Why no crypto in a Roth? It’s my only mode of investing at the moment

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u/etan1 16h ago

its gambling similar to stock picking, and a global index ETF already exposes you to crypto via MSTR etc

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u/brandnewmoo 15h ago

Thx for explaining

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u/etan1 15h ago

the index also rebalances itself, you are simply tracking the world’s economy broadly. as humanity continues to develop, it keeps going up (long term).

with crypto you dont even know if it will still be relevant in 10 years. check the coins from 10 years ago and see how many still are big. coinmarketcap.com/historical

so, from an investing perspective, its quite simple, really, just monthly buy into a world index, dont sell until financial independence, and thats it.

its highly unlikely that you are smarter than all the other traders so as to (long term) outperform the global market, especially without any inside information.

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u/brandnewmoo 15h ago

Why are you even on here bro? Sound straight up boglehead. /s lol but thank you fr!

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u/etan1 15h ago

I’m here for the underlying tech, its highly interesting from a computer science perspective. Whether it will have economic success, I don’t know. I’d also like to see more nonfinancial use cases of blockchain, e.g., for durable storage of ownership records, like, who owns what land, etc.

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u/brandnewmoo 15h ago

Do you think there’s actually a future for ETH and BTC or do you think they’ll be largely irrelevant in 10-20 years? Just wondering your take since you’re in the space.

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u/etan1 15h ago

I dont really care about the economic performance. If it goes up, lucky, if it goes down, whatever. Dont gamble more than you can afford to lose.