For ERG, personally it is a hedge as well as a way to give back to a concept - contractual money and way for unbanked to transact - that I think is very interesting and worthwhile.
never risk more than you can lose. this is easily said, but should be measured by each person and their tolerance for loss and aversion to risk/volatility
not there yet, ask me in 3 years
IF I spend time on something, I expect it to be long term re: investments, assets
ERG – lose about 5% if had to liquidate today plus fiat taxes on gains
less than 5%, probably closer to 2% … it is a hedge and an endeavor
I like this quote I recently read → we lose trust in an institution “when we no longer believe that it plays [an] ethical or formative role, serving as a forge of integrity for the people within it. . . . Rather than shaping the people inside it, it comes to be deformed by them for their own ends” Levin further labels this betrayal “insiderism” and describes it as “perhaps the most obvious factor driving the loss of faith in institutions.”
investment for me is loosely one of the following …
Time and focus and energy spent on something I deem valuable
Money from my savings/pocket with expectation of gains/dividends/return in future