Should we listen to Fred Wilson, a man who lost 90% of his income?

Fred Wilson lost more than 90% of total net worth back in the 2000s when the dot com bubble appeared. Now, he decided to share his experience with us.

According to him, cryptocurrencies will fail, sooner or later. It is just a matter of time when this will occur. He advised to divide the income, so in a case of a failure, investors don’t lose more than 20%.

By the way, he now owns only 10% of his total worth from 2000. This applies to two real estates.

Will this crash occur? Probably not, but safety is something we all seek.