Looking at the Crypto Industry Long-Term
In this clip from the Weekly AMA, we look at crypto industry in the long-term.
From when Bitcoin was created in 2008 to now we can see crypto is still a relatively binary bet. The level of integration into daily life is still not close to complete.
As a crypto investor, believing in the need for a currency unrelated to any fiat currency and could be available to everybody is an attractive bet.
We’re still years away from daily integration of crypto so looking at crypto in the long-term as opposed to the short term can help ease the pain of the market crash.
Always look at the bigger picture and what it’s capable of providing to our world!
We talk about this and more in this clip from the Weekly AMA!
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▶️ 3Speak
The fluctuation of Crypto prices either inflation and deflation have created a lot of panic and doubting minds of individuals involve in Crypto especially the trending price of the bear market where believing in the future progress of Crypto is in fear of such people which they themselves can't predict their next move.
The future of Crypto is bright likewise it remains Profitable in achieving success and I believe sooner or later that will definitely occur again as the bull market will take over
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Having long-term goal wth crypto is good because we dont need to worry when the market crash and based on my experience, the long-term holding has been more profitable.
For Once I never see Cryptocurrency as a short term initiative and that is why is not a ponzi scheme at all, to me the best thing is having crypto as a long term initiative and that why holding irrespective of the bear is very important here
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It's been 14 years sinnce the first cryptocurrency was created but I believe we've only had a tiny bit of what cryptos could do. Sommuch has happened in the last 14 years and when I begin to think of cryptos could do in the next couple decades, my mind begins to shut down..lol.. because it's just wild and bigger than what we've ever witnessed. The future of cryptos is so bright and so investing in cryptos and having a long term vision for it is one of the best things any human could possibly do right now.
Its is well understood to everyone in the crypto space that the coins are immensely volatile unlike the fiat money which has some form of stability.
Once we've all have that in mind, then its left to the investor to by himself/herself think of the long term benefits and carefully look at the market before jumping into an investment.
Even though looking at the market with care doesnt stop the bear market, but one should always keep in mind that there's got to be some progress in the future as well.
With this, people would panic less
Great post!
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crypto is still a relatively binary bet- this part of your article is so true Sir.I have been following your posts lately and must say you are doing. A grate job.I'll be upvoting you a million times when I have the power to do so. From @Chiomaj
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