For Steady Returns, Consider Polkadot for Your Crypto Portfolio

Dean Brooks
7 min readMar 19, 2022
My recent Polkadot rewards.

If you’re more of a conservative investor (say, an index fund maximalist), you may feel put off or suspicious of any so-called “asset” in the crypto space.

You’ve no doubt noticed the wild price swings, rug pulls, and outright scams that have tarnished the crypto asset class over the last few years. And you’ve no doubt been put off by the hype mongering, and the constantly braying moon boys on YouTube and Twitter.

Even Bitcoin, the king of digital currencies, HODL’d by billionaires like Elon Musk and Michael Saylor, has seen its value soar to over $60,000 per coin, only to collapse by almost 50% in a matter of weeks, over the last year. I mean, yikes. You call Bitcoin an “investment?” More like a time bomb you stick down your pants and sit on until it explodes, only it doesn’t have a helpful digital counter like the ones in the movies always do.

You’ve looked at NFTs and probably wondered who in their right mind would spend millions on a ugly piece of “art” like a BoredApe. I know I have. Though far be it from me to criticise Justin Beiber’s digital token acquisition habits.

Or maybe you’ve looked askew at DeFi projects like UniSwap, PancakeSwap, and their many derivatives. SushiSwap. SundaeSwap. There’s even an ApeSwap, because why not. The crypto world seems to have a simian fascination. And a food obsession, apparently.

I consider myself more of a conservative buy-and-hold type investor, for the most part. There’s not a diversified index fund, mutual fund, bond/stock blend, Vanguard ETF, State Street ETF, etc. that doesn’t rustle my jimmies. You say safe, diversified S&P 500 fund, and I’m likely to respond like Jules Winnfield in Pulp Fiction, as you’ve put my fears of wild market fluctuations at rest.

As an investor who’s mainly stuck to the safer side of the risk curve over the years, it took me a long time to warm up to the idea of plunking down any money into crypto. I remember feeling guilty just setting up my Coinbase account back in August, 2020. Feeling like an ex-con with a passing cop looking my way as I bought my first bit of Bitcoin later in September. Bitcoin was around $10,000 at the time. God, how I wish I had bought more.

Dean Brooks

Novelist. ( I also enjoy topics like business, investing, culture, and technology. Sign up for my email list: