Crypto for economic safety

in LeoFinance2 years ago

Hi,

a friend of mine, who has different businesses and real-estate investments, called me today, as he wants to buy crypto.

He is afraid, that with the high inflation, with Putin being a dick, doing the genocide in Ukraine, his business and net worth will tumble. Even if on the books, the numbers are getting higher, his real worth will be lowered, due to inflation.

I was trying to get him on the HBD trend, but he says that Hive is not in the top100, and you need to be into the top. I tried to tell him about the benefits, but he looks only into BTC, ETH, BNB and wanted to check XRP, but I told him to forget about it, as it is strong centralized.

Somehow, he is right, we need to be into top100 to get some traction, on the other hand, being out of top100 it is the best time to accumulate tokens, as with 10x would be much more difficult.

Nevertheless, the more money is coming into crypto, the more all benefit from it.
This friend of mine, wants to put loads into crypto, and he is not the only one. Being at the border with war, and having the history with Russian invaders, a lot of people are afraid of the things that will come.
In the past months, a lot of people I know, that have been against crypto are now preaching crypto.

This is the way to mass adoption, challenging times, where crypto can save and even multiply the value.

How do you see it?

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Yeah it’s been a ton harder accumulating hive at $1 compared to 0.2$ but I’m not complaining

Tell your friend being early is how he wins

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I feel like crypto is in a really solid position atm. Adoption is improving and people are starting to view crypto as a proper asset which is amazing for the long-term. It is only a matter of time before the top 100 coins are not the only crypto people look at or hear about.

Top 100 would be nice but not just yet.

I'm not done stacking and while i think that we will definitely get there at some stage. For now it's good to keep building and stack more every day.

Your friend is missing out by not buying into hive or at least HBD but what can you do.

People ask but they never listen.

Then they come back a year later and wonder why you are doing so well. The story of life.

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People are always chasing those shiny things whenever they can. So I think it's just their loss and I have faith Hive will be there in the top 100 eventually. Hive is fairly unique and it is under the radar and I don't know why he is looking at ETH. I guess the fees are going down and they are moving to proof of stake soon.

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Tell him to fuck off and not waste your time

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It would be nice to see Hive in the top 100. We definitely deserve to be there. Looking through the top 100 list there are so many coins that have much less going for them than we do. If he is solely focused on top 100 coins you might direct him to ATOM or ALGO, maybe LUNA. Something that pays a dividend just for holding it. He likely isn't going to want to dive into DeFi stuff right away.

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