A POSSIBILITY WELL NEEDED
It may seem hard to sell that BTC could one day take over gold. Indeed the sound is getting louder even in 2022. If you look at the same aspect of BTC when it was trading around $60k, it does not change a bit. $24 billion in volume in one day only surpassing by Tether and we know why. Liquidity will always be in the room.
The value has its merit to soften the emotion but BTC is still the king of the jungle.
#Gold is keeping pace with inflation. Unable to mount a rise to $2k, this is BTC fault. The ease of using crypto like BTC has slowed down the reason for gold to grow nowadays. Having the Banks making the prediction signal something very interesting. You wonder why now they may have jump ship for crypto. The answer is loud and clear.
As a money transmitter you get to earn percentage on all transactions. It is not really about the growth. It is all business. Bringing crypto to the clientele has so far enabled another source of revenue for them. Instead of going against it, why not embrace it and spread the good news of BTC reaching soon $100k. While Gold is moving sideways around $1815, its price keeps getting moved around by the dollar weakening.
This is one factor that affect all currencies around the world including crypto. In order for one to be strong, the other has to be weak. It all starts with supply and demand. So you know well, inflation is still around. I do not know the new word for the state of inflation in the US. 2021 it was transitory. Maybe 2022 it is pseudo permanent. Having a hint with the state of crypto, January may not be a month to look at. February with only 28 days is not looking satisfactory. Maybe March could be the month we will see something moving in the direction we hope.
In the meantime, clock is ticking. If you have to wait for more than 59 days to know what is going on, minus well you continue holding. #Gold will be gold just like the US dollar will be doing what it does best weakening.
It may appear subtle but one BTC or Hive will be the same token with far better attributes.
As long the market value is penchant in one side, crypto will step over. Now if you are so worry for the valuation in 2022, in that case wait for 2023 for a better one.
Every passing day is a lost day to accumulate. I learned that last year.
This is why I make sure I get my Leo book in order.
Weak hands be ready while diamond hands making strides.
You a newcomer in Hive, keep vesting in you.
Posted Using LeoFinance Beta
This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.
Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.
Please contribute to the community by upvoting this comment and posts made by @indiaunited.
excellent phrase friend every day that we do not take advantage of is a day that we lost and later we may need it. Everyone wants to take a part of the money there is a lot to invest in but surely many will still choose to save in cryptocurrencies.
So much info to go through
I wonder how we know which one will bring us there.
Glad you are saving though
!BEER
Posted Using LeoFinance Beta
The truth is that it is a lot of information, but it is what we need to advance in this difficult world of cryptocurrencies. If I'm already saving on different projects, now I'm going with #Leo I'm already in #Splinterlands.
View or trade
BEER.Hey @hjrrodriguez, here is a little bit of
BEERfrom @pouchon for you. Enjoy it!Learn how to earn FREE BEER each day by staking your
BEER.Wise words everyday should be used wisely and should be treated as important as it is .
Wise indeed you are. Being in crypto is as wise as it can be. Wise words are everywhere, just have to look for them and use them for our benefit.
How are you doing so far in Hive?
This token is amazing these day.
!BEER
Posted Using LeoFinance Beta
View or trade
BEER.Hey @cristina-zac, here is a little bit of
BEERfrom @pouchon for you. Enjoy it!Did you know that you can use BEER at dCity game to **buy dCity NFT cards** to rule the world.
Investment is not the dilemma, but looking for the best opportunities for a good investment and choosing the right time is what we must focus on every day.
This is the headache.
I wish one day I can be focus on crypto
16/24.
Many will have such schedule when Hive reaches $5 to start and $10 to ride along.
Hive can do stuffs you and I may not expected.
!BEER
Posted Using LeoFinance Beta
View or trade
BEER.Hey @aimee.tariq, here is a little bit of
BEERfrom @pouchon for you. Enjoy it!Learn how to earn FREE BEER each day by staking your
BEER.BTC will pass gold eventually and I believe it will definitely happen. Gold is the preferred choice of the older people and more of them will be passing away. BTC is something the younger people prefer so I think the market for it is huge and if you add in the deflationary nature, its a no brainer.
Posted Using LeoFinance Beta
Time does favor crypto tenfold.
Do we have the patience to ride it and wait?
This is something I am learning daily.
Just have to slow down and stay busy doing other stuffs.
!BEER
Posted Using LeoFinance Beta
View or trade
BEER.Hey @jfang003, here is a little bit of
BEERfrom @pouchon for you. Enjoy it!Learn how to earn FREE BEER each day by staking your
BEER.You are 100% right the demand for crypto assets is going higher daily than people holding gold or currency. The liquidity and volume is shifting to btc and other crypto assets this year to 2023 we are going to see the strength in crypto sure btc is the future.
Gold is never going away as an asset class and will never be diminished like fiat. First off it doesn’t make any sense that countries would hoard gold for it to be worthless someday.