The Crypto Boom! Part 1: Keeping Perspective

Never sell low or buy high. I know! I know! But, with crypto, what’s high? And what’s low? On the individual level that is still very much a mystery, but, on the “macro” level, don’t we basically agree that crypto as a whole is here to stay? So are prices really that high?

With all the current talk about a bubble in crypto, I find myself asking the question again: are we just starting to grow, or peaking out? Okay, I don’t have many doubts about any of that and am very familiar with the numbers relative to fiat, etc., but there’s still nothing like a visual aid to really help comprehend the overall context and reaffirm personal convictions. Putting things into perspective is easier said than done since we all have our own subjective prisms, and the objective facts can be argued and spun, but sometimes, like in the graphic below, there's no arguing. They are what they are, and this time they left me feeling quite relaxed as to whether we're in a bubble or not.

Would you say there's room for growth? "Market share" to be gained?

Oh boy, I sure don’t want to be in the way when the stampede starts!

--

Original idea borrowed from The Money Project. Something similar, a little old now, with other comparisons here: http://money.visualcapitalist.com/all-of-the-worlds-money-and-markets-in-one-visualization/
The World Factbook here:
https://www.cia.gov/library/publications/the-world-factbook/rankorder/2215rank.html

--

If you like this post, please Upvote, Resteem and Follow me @cryptographic for more crypto investment and trading commentaries.