Been inactive for two days due to the battery problem of my lap top. Happy to be back. Days without Hive seem to be an eternity. !LOL
I did not get everything you said, but these are my key takeaways: picking winners and losers in crypto space is very difficult to determine; look for quality projects, four to five and start to accumulate the tokens, and; get involved and don’t leave, stay and ride till the end.
Among the many things you covered, I have a somewhat mixed thought as to the power of compounding. Just thinking if such power has limitation in a physical world. In the digital world, it’s easy to see that the resources are practically infinite. If this is the case, does it follow that compounding too has no limit?
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There is a limit albeit it much different from the physical. In the digital world, we are bound by bandwidth and processing power. Hence, there is a limitation.
As to your main point, the ceiling is much higher. That is why you see names like Apple, Google, Facebook, and Amazon as some of the most valuable in the world. A non tech company is not really going to achieve those high levels for long. The key is they are likely to keep going higher as the network effect keeps growing.
So yes, we can have very high returns, for long periods of time. This is why people are thrown by the comparison to the returns in the "real world". The digital realm can experience orders of multitude greater than what we see in the physical.
Posted Using LeoFinance Beta
I think it's clearer to me now. I really appreciate and am grateful for your insights in these things.
Posted Using LeoFinance Beta
lolztoken.com
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@rzc24-nftbbg, You need more $LOLZ to use this command. The minimum requirement is 16.0 LOLZ.
You can get more $LOLZ on HE.