Luck or grabbing the OPPORTUNITY...
I used to get the idea, how lucky those people were, who were able to grab BTC below $1000! Later the idea started to cross the mind, if only I ever got the chance to grab one/few of those (BTC/Alts) during that period. These sort of ideas, probably goes through the mind of many newb's, who are getting their first pie in crypto! But tbh what I have witnessed over the years, it's never late to get into crypto!
When it comes to finance it is clearly seen the "blame game" that goes on in our minds. Which is, if you make profit from your investments in crypto, it is counted as one of the best investments ever. While on the other hand, whenever you seem to make any mistake/make a loss its countered as one of the worst investment ever. Hence the blame game goes on, "Crypto is a scam", "that person told me to invest", "Crypto will not survive" etc etc. Well, we see it very often! Now that crypto has seen its bearish trend, its being kicked in its nuts from outside sources as well. Which was kind of expected tbh.
Keeping everything aside, lets talk about the scenario which MIGHT take place after 5-6 years! Which of these column is going to be likely the scenario (at least close) for crypto after 5 years? I leave it for you to decide!
| CRYPTO | 2022 | 2027 | 2027 |
|---|---|---|---|
| BITCOIN | $ 20,000 | $ 100,000 | $ 1000 |
| ETH | $ 1000 | $ 10,000 | $ 100 |
| HIVE | $ 0.37 | $ 5 | $ 0.05 |
| SPS | $ 0.05 | $ 3 | $ 0.0005 |
| LEO | $ 0.05 | $ 3 | $ 0.0005 |
Now, the display of the chart is because what I think might happen and what many others might have thought about as well! When I started this blog I stated how lucky others were to find BTC below a thousand dollar mark. What if the same scenario might take place after five years from now? What if we can not touch or afford those coins which are at our reach at the very moment in crypto? Are you going to be sitting back and enjoy watching all these changes happening before your eyes? Ask yourself these questions!
I may not sound saint but I have bet huge in crypto! Now that we are seeing people are eying towards crypto, calling it scam and so on, I just want to say this is not the first time we are seeing this behavior. Dig the past and you might find the answer. Nobody, ever said to bet everything you have in crypto. Market will always correct itself. Even stock market is going through a rough time. So whatever profit you make, it belongs to you, so does your loss. That's the independence of being decentralized economy. You are the boss of your actions.
I am just talking for myself, even though the market is crashing some very STUPID people are accumulating at this stage. I have no idea why they are doing that even though the market is seeing a huge pull back. They are also known as WHALES of crypto market. There are various articles reflecting my statement. I am not a whale but all I can say is I would rather follow the history and keep a part of my portfolio in crypto and accumulate as much as I can at this current market. I would rather bet in crypto than keeping my money in a BANK, where the inflation would eventually caught up with me and make me realize I have much less money than I own few years back.
We are not sure what is going to happen in crypto for the coming days. But lets see and await for the days to come! See you at the top!
Image source : 2
Best regards
Rehan
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.