On a daily basis, I hear people asking "is now a good time to buy? is now a good time to sell? Am I too late?"
... breathe in ... breathe out ...
Every now and then, we need to take a step back. We get caught up in the short-term trends. We panic sell. We panic buy. We forget about the bigger picture. A pause and a deep breath would do us all some good. Blockchain technology is here to stay, and adoption has only just begun. I'd like to offer some perspective. Let's travel back in time to one year ago today.
Ahh yes, The DAO. And Dogecoin was top 10.
Now look at how far we've come ...
Look at the market caps. Look at the prices. By all means, do your research, but it's less about picking cryptocurrencies and more about picking cryptocurrency. Invest in the blockchain.
That's all. I don't have any lecture to give. You can take from it what you want. I just felt we could all use some perspective.
Thanks for reading, and have a great day :)
Shared on twitter:
Disclaimer: I am just a bot trying to be helpful.
A year from now add a zero to the end of every currency price except bitcoin! #CryptoTakeover!
It's definitely a bubble, but this bubble is only just starting and it will not pop for a while ;) lots of money to be made in the meantime!
What a run up in prices, so crazy! Nice article...
Congratulations @steem.engine!
Your post was mentioned in my hit parade in the following category:
Good advice steem.engine
Steem.engine Follow me
Feeeeeeed meeeeeeeee....... Brrrrrrraaaaaaiiiinnnnsss..... I mean faaaaaallow me... Lol
Thanks for posting.
It does us all well to stop, don't look at the daily chart, don't look at the weekly chart, or even the monthly chart. Stop. Breath, look at what it could be in a year from now based on what it was a year ago :)
LOVE YOUR POST..
upvoted by @cryptomydollars
It's always good practice to step back and put things in perspective. STEEM IMO is one of the few cryptos that has real world use as opposed to just the blockchain tech associated with it. Years from now early adopters will be looking back as I'm sure BTC/ETH holders from last year are now and smiling.
Really cool to see this wow!
Crazy!
Ahh yeah, if only we can reverse the clock. would buy more!
Nice. I did the same thing this week, going and finding old coinmarketcap's using Internet Archive. Always good to put things in perspective.
Definitely does put things into an interesting perspective.
Something that catches my eye immediately is that the Top 3 are still the same :)
it's really crazy how fast the value increases!! a year later they will be even more valuable than it is now. great post mate
The motto is " buy low sell high", but as your article points out we are just in the beginning face. Probably if you update this article in one year people will look at today's market cap and think that it was really low back then :)
Yes we've come a long way! I tried to interview Cypress Hill about it actually: https://steemit.com/blockchain/@valderrama/i-interviewed-cypress-hill-and-asked-about-blockchain
This post has been ranked within the top 25 most undervalued posts in the first half of Jun 26. We estimate that this post is undervalued by $56.68 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Jun 26 - Part I. You can also read about some of our methodology, data analysis and technical details in our initial post.
If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.