Bitwise Cio Matt Hougan為多元化的加密投資提供了理由，即使他將比特幣作為重要資產。

霍根說，雖然“比特幣是加密貨幣資產的國王”，但它是最大的加密貨幣，同時具有最多的流動性和眾所周知的。

Bitwise Investment's CIO, Bitwise CIO Matt Hougan, known for his contributions to the crypto space, has penned an interesting piece on the implications of diversified crypto investment.

Bitwise Investment的CIO，Bitwise Cio Matt Hougan以其對加密貨幣領域的貢獻而聞名，他對多元化加密投資的含義撰寫了一篇有趣的作品。

In his analysis, he highlights the exceptional performance of Bitcoin as the largest and most liquid cryptocurrency, a factor that contributes to its shot at becoming a major global currency.

在他的分析中，他強調了比特幣作為最大，最液體的加密貨幣的出色表現，這一因素有助於其成為主要的全球貨幣。

He further emphasizes the importance of investing in other cryptocurrencies for optimal returns, drawing a parallel with the historical performance of internet companies.

他進一步強調了投資其他加密貨幣以獲得最佳回報的重要性，這與互聯網公司的歷史表現相似。

As investors in 2004, faced with Google's status as the dominant player in the internet sector, would have been inclined to invest heavily in the company. While Google's performance with a 6300% return in the subsequent 21 years is noteworthy, investing in other internet companies, especially considering the broad scope of the internet, would have yielded even more significant gains.

作為2004年的投資者，面對Google作為互聯網行業的主要參與者的地位，本來傾向於對公司進行大量投資。雖然Google在隨後的21年中以6300％的回報率的表現值得注意，但投資於其他互聯網公司，尤其是考慮到互聯網的廣泛範圍，將會帶來更大的收益。

This is evident in the cases of Netflix, Amazon, and Salesforce, which emerged as leaders in different verticals of the internet economy.

在Netflix，Amazon和Salesforce的情況下，這是顯而易見的，它們成為互聯網經濟不同垂直領域的領導者。

With returns of 50,000%, 10,000%, and 7,000%, respectively, these companies delivered massive gains, dwarfing Google's return during the same period.

這些公司的收益分別為50,000％，10,000％和7,000％，因此在同一時期的Google回報率使Google的回報倍增。

In essence, while Google commanded attention as the largest and most liquid asset in the internet sector, it was investing in the big picture—the entire internet economy—that brought the greatest rewards.

從本質上講，儘管Google引起了人們的關注，但它是互聯網領域中最大，最流動的資產，但它正在投資全局（整個互聯網經濟），這帶來了最大的回報。

Similarly, crypto investors today are faced with a similar decision.

同樣，今天的加密投資者也面臨著類似的決定。

"You can use a blockchain to create a better form of money (Bitcoin) or to create a programmable network for transferring real-world assets (Ethereum, Solana, Avalanche). You can build new types of applications (DeFi, DePin) or middleware that services other blockchains (Chainlink). You can also build traditional businesses that support the crypto economy (Coinbase, Circle, Marathon Digital)."

“您可以使用區塊鏈創建更好的金錢（比特幣）或創建一個可編程網絡，用於傳輸現實世界中的資產（以太坊，索拉納，索拉納，雪崩）。您可以建立服務其他區塊鏈（鏈接）的新型應用程序（Defi，defi，depi）或中間件類型（鏈接）。您還可以構建支持Crypto Craise Cragepase Crage的傳統商業（鏈接）。

Over the past 20 years, actively managed US equity funds have underperformed their benchmark indexes 97% of the time. It’s more important to invest in the big picture than to try to pick winners. After studying history, it makes sense to own a basket of cryptocurrencies—like Bitcoin, Ethereum, Solana, and Chainlink.

在過去的20年中，積極管理的美國股票基金的表現不足97％的時間。投資大局比嘗試挑選贏家更重要。在研究了歷史之後，擁有一籃子加密貨幣（例如比特幣，以太坊，Solana和Chainlink）是有意義的。

In the last 4 years, different crypto assets emerged as the #1 performer in different years. It’s impossible to predict the cryptocurrency winners of 2030.

在過去的四年中，不同年份中不同的加密資產成為第一名的表演者。不可能預測2030年的加密貨幣獲獎者。

The case for crypto indexing in 10 sentences—and two charts.

加密式索引的情況是10個句子和兩個圖表。

Say it’s 2004. You know the internet is going to be big. Search is its killer app, and Google is king.

假設是2004年。您知道互聯網會很大。搜索是其殺手級應用程序，而Google是國王。

If you’d invested in Google, your money would have grown 64x since then. Smart move.

如果您投資了Google，那麼您的錢將增加64倍。明智的舉動。

But the internet turned out to be broader than one company. It’s a general-purpose technology with uses in retail, social media, and software.

但是互聯網證明比一家公司更廣泛。這是一項通用技術，具有零售，社交媒體和軟件的用途。

Investors who put money in other internet companies would do well, too.

將錢投入其他互聯網公司的投資者也會做得很好。

In fact, the highest-performing stock in this period is (drumroll) Netflix—up 50,000x.

實際上，此期間表現最高的股票是（鼓聲）Netflix - 50,000倍。

Amazon and Salesforce also rack up 10,000x and 7,000x gains, leaving Google as the worst-performer among this group.

亞馬遜和Salesforce還獲得了10,000倍和7,000倍的收益，使Google成為該組最糟糕的表現。

It’s a familiar story for crypto investors today.

對於今天的加密投資者來說，這是一個熟悉的故事。

Bitcoin is the king of crypto assets. It’s the largest, has the most liquidity, and is the best known—the only digital asset with a shot at being an important global currency.

比特幣是加密資產的國王。它是最大的，具有最多的流動性，並且是最著名的，是唯一的數字資產，它是重要的全球貨幣。

But like Google, Bitcoin is one asset in a broader ecosystem.

但是像Google一樣，比特幣是更廣泛的生態系統中的一項資產。

Investors who put money in other crypto assets—across DeFi, middleware, and infrastructure—would also reap huge rewards.

投資者將資金投入其他加密資產（Across Defi，中間件和基礎設施）的投資者也將獲得巨大的回報。

This is a paid sponsored article. Cryptocurrency is a volatile investment product and may not be suitable for all investors. Before investing in cryptocurrency, be sure to carry out your own research and invest according to your own risk tolerance.

這是一篇付費贊助的文章。加密貨幣是一種動蕩的投資產品，可能不適合所有投資者。在投資加密貨幣之前，請確保進行自己的研究，並根據自己的風險承受能力進行投資。