We may be early in the Crypto space but I always kind of feel uneasy that this place could explode at any moment. The problem is it is not a maybe anymore but a definite and no one knows when this will happen. For this reason I do think the time to generate wealth is limited and this is a window of opportunity to make the most of.
Looking at this chart we can see that the crypto user base has grown by over 8 x since the last Bear market and this trend will only continue to increase. This broken down tells us that on average crypto is onboarding 5 million new investors every month which are decent numbers. We all know how powerful the network effect is and this will happen as the numbers start to increase.
Every crypto cycle we see there are more investors involved and the noticeable difference the last time around was the onboarding of institutions and a country. There is no doubt institutions were buying before the so called announcements as the markets were being seriously manipulated in their favor.
The race against time is most definitely on as the next 3 - 4 years will be defining for crypto. How much can we grow our bags in the next 3 years to maximize our being early is how I am thinking every single day.
When I joined hive and understood what it was as it wasn't that clear to me in the beginning. Understanding crypto does take some getting used to as it is not something physical you can see and touch. After the understanding period the time factor regarding growth has stayed with me ever since and knowing the easy days of earning will disappear. When there are less people involved the competition to earn is not part of the equation. Multiply the userbase on Hive by 10 x and then notice the difference as it is not so easy anymore and that time is going to come sooner than we can imagine.
The sudden involvement of masses of people will change things forever on crypto projects we are involved in. Staking for instance will be less profitable unless you have larger stakes as the more invested will drop the APR on offer. Bitter sweet in many ways as you may be earning less than today but what you are earning will most likely be worth far more. Prices will rise and why having bigger bags in your chosen crypto projects will be important.
There will be many who will have regrets of not doing enough when they had the chance to make a difference and this will always be the case. Setting targets over the next 2 - 3 years is not a bad thing but sticking to them is another problem as no one knows what is going to happen next week or next month or next year. There are too many unknowns for a timescale to plan and the answer is to do the best you can in the time we have left.