I just joined this crypto space and received followers - which I really appreciate.
To give an intro, I understand trading - if not crypto yet. The day I saw 3 trillion$ pumped in crypto market i made my mind - I may be conventional commodity trader, but this space is important to explore.
Scribbling thoughts:
Long run, yes my thoughts are bullish on this crypto space atleast for next 25 years.
Few Takeaways - like companies - no one remains at the top, companies come down so will some coins.
If we see Gold or Oil their markets also fluctuate but it remains an integral part of the trading system.
like there is insider trading in stock market, notorious movements of physical oil from oil rich nations let's just accept it that cryptos will also have their notorious players - in making - or a bull created future to decide.
Sin part of trading - Capitalists create wealth when the end user of commodities or small shareholders loose some money be it on the name of making loss in stock market or paying an extra fees to the jeweller on making.
Reality - it's the small people who create or destroy a brand / company / currency
you'll be happy if tomorrow the crypocurrency is accepted as a mode of payment if you buy cryptos onspot and keep in your wallets. but if you're trading on technicals or news or any indicators ratio of you creating wealth will always be 1:1
my suggestion to all those people who are low on cash (crypto/bank account-any) pls go slow - don't loose the sanity - work on yourself - good health and happy family will give you joy - improve your knowledge - learn new stuff, update - invent - market - sale! don't put all eggs in one basket
my suggestion to all those who are high on cash - pls buckle up - billionaires are building - people are growing - collaborate - don't be selfish until you own the value chain - create your own and rule. don't loose sanity, wear simple live simple let the cash do the talking. love, support and engage with your collaborators, people who are growing your wealth - the day you loose them you will start to loose.