Why We Love Crypto

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Sometimes I am quite amazed at the predictions we see on twitter these days and not many can actually back up their predictions. How many have we seen with Bitcoin at 150K or even higher predictions but nothing to back up their shout outs. Many are more in hope, hoping their bags that they are holding will be worth more.

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History has definitely repeated itself in crypto and keeps reminding us of how thing splayed out before. Bitcoin has had so many similarities in how the prices have surged at various times and who knows maybe it could be repeated again.

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I do enjoy looking at charts and what others have put together and why this 250K Bitcoin price call was so interesting. Using the Fib technique TechDev has compared the 2013,2017 bull cycles with what we have experienced so far this year and the similarities so far are quite astounding. Maybe he is right or maybe he is wrong and only time will tell. I am not going to ignore his idea as that would be stupid and ignorant as this is still in play and staying informed is how we should all be acting.

I have always had the idea that the introduction of institutions buying heavily and removing them off the exchanges things have to change. One can possibly see this playing out however and what other stocks out there could you even consider such a scenario? This is why crypto is making so many wealthy people and why more and more are slowly joining and getting involved.

The truth and reality is you cannot afford to ignore crypto with such moves happening as you stay away at your own peril. How long can the masses turn their backs on crypto if such moves do happen? Bitcoin at $250 000 or Ethereum at $15 000 will attract attention that everyone cannot ignore. If it doesn't happen this cycle I am confident we will see these sorts of prices within the next few years as that is where many of the crypto coins are heading.

Whatever you have in your portfolios now could easily do a 10 or 100x or even more as anything is still on the table and not out of the question. Trading is not even required as we know just by holding many outdo the traders over time. Something like Hive may look like nothing to investors right now but that can change overnight and Bitcoin hitting $200K or $250K will have an impact on everything that has a daily use case. Bitcoin doing a 5 x from here could mean we see a 10x or a 20 x on many other alt coins.

The one point which is becoming more and more obvious everyday is how early we all are and this is what is going to pay off. The percentage of people involved in crypto is still so small and the benefits of what we have will be seen when others arrive.

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