Cryptocurrencies: Casino Tokens with No Intrinsic Value
I view cryptocurrencies as speculative, casino-like tokens with no intrinsic value.
They are prone to coordinated pumps and dumps that benefit insiders and harm most retail participants, so I avoid buying them and would sell existing exposure.
Analysis
Crypto lacks traditional intrinsic value drivers like cash flow and is highly volatile; market structure and recurring pump-and-dump behavior create outsized downside risk for most investors.
Recommendation
Avoid initiating new positions and consider reducing or exiting existing holdings; treat any remaining exposure as highly speculative and size it very small if you insist on holding.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.