In the previous segment I talked about how capitalism really helping to build personal wealth and creating wealth gap to the society that is improving.
I would say that it is one part of "necessary evil" which is making sure development projects are well conducted and the total wealth is gripped to a few elite class that is operating the baton of the assets.
Most of our financial life really revolves around a few standpoints, nothing else or more than that. We fill in our own bags by opening up trades or commerces, adding multiple streams when we are given an opportunity to do so. Sometimes the deposit accounts paving the way to gather a good return from financial institutions that contribute secure our monetary life.
Most of us here on Hive have a decentralized wallet upon which we are given an opportunity to build sustainably for years time. The price of the prime token Hive is retaining its position high on the coin charts and sometimes shading its value due to some logarithmic calculations. Yet the accumulation of the tokens helping to enlarge the dollar basis and gaining wealths for a long time.
If the question is for having a secured future which most of us want, then we need to make sure the vital parameters of choosing a suitable field to bank on are in control. I mean, when there are multiple options to choose for adopting crypto token for instance we can grab one or two that suits one's favour.
Alongside BTC there are other alts which could provide the same value and worths though the numbers might increase quantitatively because the value is less.
Now that bitcoin price is lot more higher and surpassing the previous limit of ATH, there are increasing hype of the people to participate and wealthy people to buy one or few selling other low profitable tokens.
The natural tendency be like that. But in personal matter, adjustment to reach a better capitalistic level there has to be smart decisions to work with. If BTC is personally considered as a wise option to choose for and investing on, because the present value is much higher than the past - then things would be at stake, at least some of them.
If I talk about our native coin Hive, it went through some serious stages of price development and fluctuations, just as the other alts. But the level of ATH was quite a year or two ago, when BTC was near half the present price. The comparative development tells the relationship of where one coin can go and where it would fall down.
But anyway, still I think the first wise option is to put "multiple eggs at basket", relying on a single token would stop the possibilities of high term gain most constructively.
Yet the rest of the profit-loss would depend on calculated projections.
Posted Using InLeo Alpha
Congratulations @leophile! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)
Your next target is to reach 100 replies.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPTo support your work, I also upvoted your post!