Apocalyptic posts all around about the Crypto fall.
Speculations, Accusations, and a lot of people are nervous.
Now you have to think how many thousands and millions of people got involved in the last 2 years.
These 2 years... the years of advertisement, the years that the attitude was super aggressive giving the impression that if you don't own crypto you are an idiot. And this is a debatable statement.
Investment vs Gambling
Crypto has to been treated as an investment.
If you take money from your rent and put it to XRP for example, you have no difference than a guy spinning the roulette or waiting for Barcelona to win.
This is the main difference between investing or Gambling.
Investing in projects in the Crypto world is fine but like with any investment, you have to think about factors. Specifically, in Cryptos, the factors are unique.
The crypto market goes up and down as one. This is in my opinion a big disadvantage because for example:I create BEO. BEO is a nice project. People working and innovating. I want to invest in BEO.
But its price is not determined only by its decentralized marketing or value, or even HIVE price if we say that it's a HIVE Tribe, but it is connected to the fates of BTC, ETH, and others, making it vulnerable to many different factors.
It is still the enemy of the state and the establishment. Yes, I know this is why we like it!
But think about it. When in history any anti-establishment anti-system won over the system. Sure there were revolutions and some of them successful but then the system finds a way to a) changing the revolutionaries and make them system lovers or b) waiting for its revenge.
For them to pass a law and ban transactions or pass a 50% TAX to crypto is really not so hard.
Unfortunately, the system is here for thousands of years ... and it usually wins
It still represents a generation that is upcoming.
The old generation still holds the wealth of the world for some years to come and they don't like it.
They don't like it they don't trust it and they will be the first to go and crucify it!
And for bad and good these guys still have influence and power positions.
Layers of Knowlege
I read tons and tons of opinions about what is happening.
How is it Elon's fault, how is it the China fault, how is it my fault. I read everything.
The problem is that to many people with no idea are presenting opinions.
People that invested 1000 USD in ETH since 2020, and had a nice x15 ride speak like a pro now!
I believe the crypto world has so many layers of bullshit until you get to the real knowledge, that I stop reading many articles and unsubscribed from many Discord and Telegrams..
The true information
In the real world, it works like this.
The mayor is my cousin.
The mayor calls me and tells me that X street will become a place without cars full of cafes and shops.
I have the information first.
I go in that street and buy a small place 10k
After they made it a nice place without cars and full of cafes the price will go x10 ( this happens in Greece) now I have something that worths 100k.
I can sell it or create a business there any way I won.
I Made money. How? I had REAL INFORMATION and I had it sooner than others.
Now to crypto...
Is very hard to gain information like this... the stakes are to create.
So in the bottom line, the corporate machine and the big capital controls the information and the different levels of the price.
In my opinion, there are 2 types of holders
- Old holders that have gained a lot and are calm now waiting to see what's what.
- New holders that heard from the success of the old holders and went in.
Old holders are calmer because it's more possible to have a profitable career in the crypto world and going down 100% after going up 500% is acceptable.
New holders were usually driven from success stories and they awaited to gain fast and there are now disappointed, know knowing how the game is played and spreading panic sells and wrong messages.
Where you stand
Please let me know where you stand in this crisis
Are you optimistic?
U can find me :
NFT Showroom : https://nftshowroom.com/mariosfame/gallery
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