Crypto’s terrain keeps getting thornier. More investors think they’re diversifying, but they’re just fumbling into the same old projects. Rob Nelson, anchor for Roundtable, said exactly that while chatting with Kelly Kellam of BitLab Academy and Sam Price, founder of CryptoLifer.
The Myth of Diversifying Safely
Nelson didn’t mince words about how most crypto investors seek safety but wind up holding Ethereum or Solana because the rest looks too messy. He shared that “Investors are looking to diversify, but most end up defaulting to Ethereum, maybe Solana.” The market might be full of new coins, but what’s really the payoff if no one’s making sense of the chaos?
Kellam, fresh from Token 2049 in Singapore, weighed in with some sharp takes. “Nobody can say they are a crypto expert anymore… the ecosystem is growing so fast.” He warned that almost every altcoin you see is an unregulated venture capital coin flip. He didn’t sugarcoat it, either: “You’re not making long-term investments here… it’s a gamble.” Blockchain might be the future, but he wasn’t shy about predicting that in ten years, most of today’s coins will be vapor. If you’re holding onto altcoins expecting them to survive? He thinks only three or four will make it.
Chainlink’s Quiet Takeover
Nelson drew parallels to the Dot-com bust, speculating that the crypto space was filled with projects ready to sink. But Kellam interjected, pointing to Chainlink as the sleeper, saying it has a real shot at being a blue chip. He put it straight, “Chainlink has way more opportunity… it’s already pre-positioned with SWIFT.” Unlike the spotlight-seeking Solana, Chainlink’s behind-the-scenes partnership with SWIFT may be the ace it needs to pull ahead.
Sam Price gave his two cents, with a preference for Bitcoin over altcoins. He said altcoins are just bulldozers to get more BTC. His take: “If you give me $10,000, I’d buy $8,000 of bitcoin and $2,000 of a speculative asset.” He’s not against taking risks, but his strategy? Big on Bitcoin, small on everything else.
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