What Do We Believe Regarding Cryptocurrency?

in LeoFinance3 years ago

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We are embarking upon a new year. It is time to integrate some new concepts. What is it that we believe?

In this video I discuss how people often believe their way into, or out of, something. We see this repeatedly with stocks such as Tesla and Amazon. This was also something we witnessed in the last 4 years with cryptocurrency.

Where are you going to be in 5 years? A lot of it depends upon what you believe today. Cryptocurrency is a blank canvass. It is up to us to design what we want.


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Another great video that should make people think about their role in crypto. It's hard to maintain your conviction in a space where new projects and products are launched on a daily basis but it seems that you can't really make an impact financially or in any other way unless you commit to an idea, project, or community.

Also grateful that I quickly transitioned from the "if I only bought BTC at $1" to a more realistic approach. At best I would have sold at $1k and that would probably get me nowhere. I only hope people wake up to the reality of the situation before the train leaves the station for good.

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"if I only bought BTC at $1" to a more realistic approach. At best I would have sold at $1k and that would probably get me nowhere.

This is a common approach. I knew a guy who bought TSLA at $60 and sold it to buy a Tesla Model 3. He looked at it as the stock bought the car for him, which it did.

However, if he held a couple more years, he could have gotten 5 Teslas.

That is how it goes. Easy to have the view in hindsight, hard to HODL through the ups and downs whether it is BTC, TSLA, AMZN, or HIVE.

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Cryptos will be an escape from the nefarious monetary policies of third world countries while in more developed countries it will be more of a stock style investment.

That is really true. The third world countries are screwed in many different ways monetarily. Not only are their own governments corrupt but they are also pillaged by the onerous loans by the wealthier countries.

It is a bad deal all together. We are going to see cryptocurrency provide an avenue around all that. Hopefully more from those countries get involved.

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Here in venezuela people have had a break from all the inflationary shit thanks to cryptos, including myself, I have been relying fully on cryptos and online business for almost 5 years now, they really change your life completely.

I'll probably make a post about it now that I think about it 🍻👍

The journey so far in crypto is not doing bad at all as there's still much positive hope to see it progress than what we've experience in the Crypto world.

I hope to be worth no less than a solid 5 figures just based on cryptocurrency 5 years from now. I want to give Hive a good go and bring my family and relatives here to enjoy this atmosphere. I don't know much about cryptocurrency, but I'm learning what I can! (Tesla stocks are crazily overpriced right now in my humble opinion...but what do I know...lol)

There is the opportunity to be worth a lot more than 5 figured in cryptocurrency. Raise your sights.

We are seeing technology that is transformative. Those who immerse themselves in the opportunity will see how things can radically change in their lives. Just keep filling your bags and it will come.

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That's what my friend keeps telling me, too...just in different words :) He told me this would be the best place to get introduced to crypto with no strings attached, that I can create content and earn crypto this way instead of putting my money at "risk"...my words, not his...

In this video I discuss how people often believe their way into, or out of, something.

Out of the financial discrimination. I live with multiple disabilities, nowadays under the local minimum wage in Hungary.

Where are you going to be in 5 years?

Hopefully I will get at least the monthly minimum wage. I do not want to be a millionaire, like most people. I just/only want a proper life. You do not need to be a millionaire to have a proper life.

Have a nice day. All the best. Greetings and much love from Hungary.

Keep on you path of cryptocurrency and it is likely you will get there. We are all able to see our bags grow as we keep pushing ahead.

This is the idea of compounding.

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Early adopters are rewarded for the risk. After all, the later adopters only came in after it is safer. If you believe, just stick it through unless you get news otherwise. Just do your research and you will do well.

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That is all true. Focus upon what you know and stick with it. That is how it works. We are going to see a great deal more opportunity for everyone.

The question is how many will take advantage. The examples of TSLA and AMZN are lessons: they were publicly traded at cheap prices and were available to all.

How many bought in and held to mega-riches?

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Not many unfortunately but so long as they made money, they are winners. There aren't too many people who enjoy the full ride.

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5 years ago, a little over actually, Hive didn't exist Steem was number 5 or 6 on CoinMarketCap. Along with DASH and Litecoin.. In the top five.

There was no defi, there were not NFTs and people played games and gambled on ETH.

I'm only pointing all that out to say.. We have no idea what crypto will look like 5 years from now.

What a journey we are on and I can't wait to see what's next.

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I put a really lot of hope into cryptocurrency especially BTC. I hope that BTC will not let me down :) Thus I even found a cryptowallet for my personal use. I chose https://ownrwallet.com/ or being noncustodial, having awesome ecosystem, and having apps for Android, Microsoft and Ios. Wonderful! :)