Cryptocurrency Will Make Many Wealthy

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Identifying an opportunity

It stinks when the majority of people focus upon price actions and market reactions when we practically live in an inflated economy, it shows how little people know of the inner workings of the markets, and furthermore, how little they care about developments and actual points of utility.

The reason why most business men or individual investors make a profit is nothing much more than identifying and taking opportunities. There are many points of failure in the current financial system, the obvious reality is that crypto is built to fix these things, however, the inevitable fight to scale through a devaluation system has to first and foremost, be in place…

This is the predictable reaction which makes crypto highly volatile. The nature of price swings makes the waters somehow scary to approach, but people particularly don't realise how short term crypto volatility actually is.

Nothing Is Constant, even change has variations

Crypto is tech, tech evolves and builds past vulnerabilities. The volatility of crypto isn't constant following the growth crypto will amass in coming times. Volatility is a flaw for any financial sector, but when you look at how crypto has been able to build past years of volatility, it should be an indicator that it is powerful and potential enough to revolutionise the world's economy.

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What People Usually Ignore

Many people will unfortunately fail to realise what the reality of this sector is, while focusing on billionaires talking dirty. 12-13 years of building and developments, today the industry has made significant growth, from crypto trading to decentralized finance, yield farming, then NFTs power of ownership. This wasn't the stopping point as blockchain gaming unfolded and the industry blew up, millionaires have already been made through this and more will be made in coming years.

People ignore this long list of achievements like it is nothing, people ignore the growing market size of which both users and value is observed. The TLV across all Defi platforms is in billions, should anyone wonder how it will all be when it's in trillions? How soon before Defi names replace the banking sector?

Many would argue the impossibility, but judging from literally many indicators, the banking sector may struggle to make a profit if crypto manages to cut the role of middle men, allowing people to take full control over personal funds, a sense of safe management, built on structures that define sustainability.

The profitability ratio of crypto investments is far higher than its loss rates, far more money is being made than money lost. Though one may try to ignore, this isn't a system built and controlled by one person, so that means that each losing account has wealth transferred to many others, creating a balance in the creation and distribution process. No one person is creating the system and ripping it, rather, the growth has, in greater percentage, shown itself to be organic.

It doesn't matter what the government thinks or says, it doesn't matter how regulations try to bite in, and most certainly doesn't matter what billionaires who have decided to close access to receiving multi trillion dollars knowledge have to say. What matters is that developments are kicking in and shaping this economy and with consistency in building and investing, many people will be made wealthy…

Posted Using LeoFinance Beta



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4 comments
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I realized in 2018 that if bitcoin recovers, I can probably 10x in 2-3 years. A lot of people want 10x in a month or two but a 10x in 3 years would actually thrill people if they realized it was possible and LIKELY. They just get distracted by the silly games where most people lose. They want it to happen over night.

I did 10x in 2 years. I just made the mistake of convincing myself that this would be a longer cycle, and not taking the chance to take profits when I needed capital. OOPS!

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I personally, have had many times I didn't take profits and ended up regretting, it happens, but I see it as a phase a consider to be a "learning process".

That said, the only problem with the raw figures in terms of your aforementioned 10× in two years is the underlying investment.

How much is the total investment? What are the investors expectations? Why are the investments done in the first place?

All this factors influence how people approach investment opportunities, however, it is not this that we are particularly focused on, but rather, the ignorance of what is actually happening with crypto. I think if people are able to push their attention towards the direction of developments, the idea of an industry growth would spark some excitements, then they'd be better positioned to build their portfolio.

If not, then people will most definitely still keep chase quick moonshots

Posted Using LeoFinance Beta

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(Edited)

Yeah, I meant to reply to that but my mind has been on price these few days just cause ouch.

I’m only invested in bitcoin and hive because I see the narrative about money shifting and with it opportunities opening up for both individuals and for society as a whole. If we could create an alternative to the debt based system, at the very least, we’d learn a whole lot, and at most we could fix half of society’s problems.

I love that I can send money to friends in Africa or South America without PayPal, and that is just the low hanging fruit when it comes to the potential of blockchain. Also looking forward to company structures changing. And I still think we are in the really early stages with monetized content creation but it’s coming so why wait around for it, I like being involved.

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