I’m involved with Blockchain and digital assets for all the positive change it's going to bring. At first I was in it to make money. All that changed within my first month from doing much research on the technology. As blockchain and cryptocurrencies adoption increases, so does the credibility. This technology has improved significantly in the past years.
Battered and bruised, bitcoin Is still ranked number one. I believes in the future of Blockchain and cryptocurrencies. The potential of investment opportunities in Blockchain technology is easier the stock markets plus the cryptocurrency market doesn’t sleep.
I intent on increasing awareness among many people in person and through many social media sites. While experiencing extreme volatility in the SPACE doesn’t bother me. Many say keep 1% or 2% of digital assets in portfolio. Certainly, no more than 5%. But I don’t care nor follow that.
I own digital assets for years, decades. No short term and I’m always prepared to lose 100% of whatever I’d invested in. Blockchain and cryptocurrencies are the future. The SEC will eventually allow a bitcoin ETF to come onto the market. Until then fuckit we the people of the Blockchain and Crypto SPACE can push this technology to the next level.
Many aren’t able to obsorb an 50 to 100% drop in value. Many are forced into a position that you’ll sell most or all of your digital assets you are holding. Some of us have the ability to keep our digital assets during a event of an unexpected market crash or a long bear market.
Blockchain Technology is one of the greatest technologies that can change the world and many just don’t see it. They take it as a joke. The historical performance of Blockchain technologies, is the number one reason why some investors remain bullish on the long-term growth of the market.
I’d experienced my first crypto currency crash at the beginning of 2018 and researched other at crypto currencies crash that seen all time high cycles, where the number one cryptocurrency Bitcoin dropped by about 85% and recovered to another new all-time high. Many feel that current bear market is never going to end.
Blockchain Technology and digital asset history has shown that this is unlikely to be the case. This current bear market isn’t Blockchain first, and probably won’t be its last. All I can say is DYOR and accumulate much knowledge and digital asset as much as you can.
Many people predict that Bitcoin is a bubble, and later suggest that a price drop shows that it was a bubble. I heard some say Bitcoin was a bubble when it reached another new all time high. The year off the mole. 😆
Many people got to experience summer lamb got ate by the bear around mid summer time. Up to half a billion dollars in market capitalizations tanked and many Digital assets where affected by the massive drop. Bitcoin hit a new all time high of $20,089.00 entering the beginning of the year 2018. Then the crash began slowly. Months later massive drops in prices of digital assets felt the wrath of the crypto bear. It is what it is. People with long term conviction know things take time.
Bans, regulatory crackdowns and regulations played it’s role Since the beginning of 2018. Regulators from many countries around the world begun to address address these virtual currencies that’s able can bypass regulated banks, financial firms, and exchanges. In the past years in crypto, many has seen similar ups and downs in prices. Despite the decline in market prices, more and more developers working with blockchain tech keeps growing.
A lot of investors of digital assets were panic selling and while making decisions based on emotions and what’s offer were doing. The crypto bloodbath of 2018.
There many different crypto investments that are levels of risk. Just do your on research before you get involved. I see cryptocurrencies as a good addition to have in your portfolio. Choose a mixture of investment types that fit you. But consider this. Research that your going to invest into.
The cryptocurrency market is extremely volatile at the moment. Long term holders has prepared themselves to handle the Volatility in the market to order to survive the bear market. If your in for short term gains and is unable to let investments mature, you will not be as successful through fluctuations market. Fluctuations are unavoidable. It is what it is.