On: Ask HN: How many people here actually invest in cryptocurrencies and why?

[tedmiston]

Just to kick it off — I don't.

Even as someone working in tech, or especially as someone working in tech, the idea of investing in an unregulated currency concerns me too much. Besides that I'd only be willing to put a small amount < 10% of my investments into it. Anecdotally there are a lot of news stories about bitcoin wallets getting compromised — maybe it's just the press being sensationalist but you don't hear the same about more traditional investment accounts.

I'm onboard with index funds and robo advisors and most other types of financial innovation, but no cryptocurrency has done it for me yet.

[westoque → tedmiston]

Thanks. Yes, I am also working in tech, specifically fin tech.

I'm not concerned about investing in cryptocurrencies since I don't invest that much. I do invest in it because I believe in the ideas of some them.

I would say my investment is probably similar to someone investing in a Kickstarter campaign.

I do however think people in hacker news are more in the safer investment side.. but that's why I asked the question in the first place.