Investment & Investing

I have similar attitudes / feelings about it.

Possibly useful: consider if you can meet your investment objectives without 'needing' to invest in Crypto. If so, ignore crypto.

Like that 'ignore what others do, focus on your own training' paraphrased cycling quote

It's gambling in a similar vein to small companies listed on AIM, nobody has a scooby where they're gonna go. Individual coins certainly seems like rolling the dice, however, there's a case to be made for chucking some spare change at a blockchain ETF or something similar.

If nothing else it'll alleviate the FOMO, but I wouldn't be putting any significant funds into it just yet.

Sensible investing is probably a stretch without investing a considerable amount of time in research.

If you're concerned about missing out then invest a small amount of money. If it turns out that crypto is really a stellar investment then that small amount will be a big amount. If that isn't the case then you won't have lost too much.

No idea how much you're investing but it wouldnt be a bad idea to put a small amount into BTC and just hold it. In my view it is sensible enough to put in an amount thats not going to be a disaster if you lose it, until you get a feel for the space. BTC is also gaining traction as a hedge against inflation.

If you wanted to branch out then a smattering across ETH, DOT, SOL and LINK as well could be an idea. The market is pretty buoyant just now, you could maybe wait a couple of weeks for a cooling off.

I am a passive investor, and of the opinion that crypto is gambling madness. But there is the nagging thought that I could be a luddite, and may look back in 10 years to regret my antiquated notions.

Does anymore more informed have an alternate view that there is room for sensible investing in this space?

This is a decent read on that area that I came across a couple of days ago.
https://monevator.com/should-you-own-bitcoin-in-your-portfolio/

Of course it doesn't give the answer, but shows how that guy has thought about it.

wouldn't be a bad idea to study up on what crypto is as a baseline. this is on my to-read list, seems pretty all-encompassing: https://ethereum.org/en/whitepaper/. i've got a small percentage allotted to shit ideas, 3% of my pile in ethereum.