Series Innovator and Venture Investor Evan Luthra told Cointelegraph that Digital Assets are by far the best investment class. It makes this statement because of the disproportionate returns compared to traditional asset classes. However, Luthra notes that it is a kind of investment that is not usually for everyone. The high risk appetite needed is shared only by a very small group of investors who tend to be young, successful, ambitious and have access to a lot of capital without big responsibilities.

Cointelegraph spoke to Luthra about his resilient attitude towards innovation, his Blockchain interests and the investment opportunities that are emerging in the industry.

Cointelegraph: You are popular for the work you have been involved in over the years in the computer industry. Can you highlight some of those and your motivations behind these works?

Entrepreneur Series

Evan Luthra: I've been a serial entrepreneur for a long time I started developing my digital application at the age of 12 by organizing technology-related news, and I've collected a quarter of a million readers by doing this.

I then began to develop mobile applications to the advent of the popularity of mobile applications. Always at the forefront of new trends and innovations, I become a true innovator and a name recognized in the world of startups. Then I launched various technology companies and managed products used by millions of people.

I have extensive knowledge and experience of mobile applications and my company has developed and delivered mobile applications for large Fortune 500 companies. My strategy follows a simple yet proven formula: conceptualize, innovate, execute .

More recently, I am very involved in the cryptography industry by working with companies such as GazeCoin.io, Hashgraph.com and others. I've been considered a Blockchain expert and pioneer by the world's leading organizations and publications.

Technological Disturbance

I believe in the use of technology to disrupt existing industries and have businesses in various sectors of food technology, fintech, marijuana, travel, nightlife, food and drink, lifestyle, social, AI, VR, AR, MR, entertainment, fashion and more.

I've been a featured speaker at various universities and conferences around the world and mostly talk about Blockchain, Applications, Entrepreneurship and Trendy Technological Topics. I've been speaking for TEDx, United Nations, Google, Nielsen and I've lectured at the University of Delhi, at the University of Washington, at the University of New York. 39, State of San Francisco and more.

CT: The emergence of Blockchain technology the trend of developments in various fields, causing major disruptions. What is your opinion on this developing trend?

EL: The underlying technology under Bitcoin – Blockchain is very impressive and will change the world. By focusing on decentralization, Blockchain wants to restore power to the people. We have seen how applications have arrived and changed the world in a big way and now we can not imagine a world without all our applications – with Blockchain, we envision a future of decentralized applications.

Blockchain slowly takes over every facet of our lives and entering all kinds of industries. This is not just an industry in itself, but it disrupts all other industries. Blockchain has a viable and utilitarian application in almost all industries. That's why we saw more than 2,000 ICO [each] months trying to solve problems in all kinds of [industries]. These range from banks, financial services, insurance companies, logistics companies, retail giants and governments. Everyone seems to be in a race to implement it first. First time adopters will have a huge competitive advantage.

Bitcoin is only an application of Blockchain [technology] but the overall potential is enormous. With Bitcoin, we've seen what we can do and, over time, we'll see how Blockchain disrupts all other industries. I believe that this is going to be more than the Internet 2.0. Since Blockchain is already a validated technology, it would be interesting to see its impact on a large scale.

Power of Decentralization

CT: Have you noticed a particular interest in the Blockchain ecosystem?

EL: My main interest lies in the transparency and decentralization of power that Blockchain will introduce. Industries like the adtech or the fintech – which are lacerated with fraud – would be very advantageous [from the benefits] Blockchain provides.

I am already involved in many facets of the industry investing in decentralized companies working with UAE governments, Dominican Republic, Fiji and others helping them to implement governance Electronic using Blockchain

[One of my companies] focuses on the investment and execution of ICO for a variety of companies with our strong team of & dquo; Blockchain engineers and strategists. Having already helped raise more than $ 50 million from three different ICOs, we are well on our way to raising an additional $ 100 million over the next 12 months for our partners.

CT: There have been a lot of opinions on Bitcoin, Blockchain and cryptocurrencies regarding their current state of development and future projections. What is your opinion about the industry?

EL: I am a strong supporter of the idea of ​​decentralization and Blockchain will grow by leaps and bounds. The recent growth has been phenomenal, nothing has ever been seen before. Although it takes a few years before things get rational, especially cryptocurrency prices, with Wall Street expressing interest in Bitcoin, it's clear that Bitcoin is here to stay.

I am very optimistic about the subject. the industry in general and I build and invest in many companies in the space. We are launching our own ICOs to set up Bitcoin ATMs to promote the growth of cryptocurrencies. I know that Bitcoin (and a lot of other cryptos) and Blockchain are here to stay and I believe that in five years Blockchain will be running a big part of our world and Blockchain based solutions would have replaced the old models. companies in operation.

Digital assets are a good idea – for some

CT: What do you say about investors who invest in digital assets …. Smart movement or mute movement?

EL : It depends on the investors and their appetite for risk. A stupid move for a retired retiree who is looking to invest his life savings can be the smart decision for a young person who can take more risks.

If you are looking for minimal returns and a very low risk, digital assets are probably the wrong choice

Having my investment grow by 20x in less than 18 months, I'm all about digital investments! If you want a fast growth and are ready to take higher risks, there is no better asset class than digital investments.

For someone like me who accepts a very high risk – digital assets are by far the best investment class considering that returns are unmatched by traditional asset classes.

There is a reason why the five largest companies in recent years are all technology companies because there is a huge potential to grow very quickly. An extreme risk, a potentially huge reward

Start-up of a start-up The investment has always offered very good multiples of 3x to 50x in a few years and now with crypto-currencies the Market moves so fast that with good bets you can 2-3x your money in 24 hours. But you must remember with high reward comes the risk and you can also lose your entire investment very quickly.

This kind of investment is not usually for everyone and the high risk appetite is shared only by a very small group of investors who have a tendency to be young, successful, ambitious and have access to a lot of capital without great responsibilities. Personally, I have seen my investments earn me 500 percent in 24 hours but again I also lose more than 50 percent of my investments!

I always suggest to people to make value – invest, so investing in assets / coins that you think will create value and hope for the best. Read and understand as much information as possible and make thoughtful decisions and be prepared to lose your full investment

CT: Do you have any other comments?

EL: With the pace that the world of technology is changing, it is possible to earn a lot of money very quickly. There has never been a better time to be alive and to make a positive difference while making a lot of money.

Lower Barriers to Entry

Anyone can find opportunities, find solutions, and start a business. You can suggest an idea, collaborate with the right people, create a good product and launch it all over the world while sitting on your couch. And now, with the advent of ICO, you can even raise funds very quickly for your products!