Ignore The Noise and FUD. Cryptos Are Here To Stay and Needed

There is a lot of chatter on the internet regarding cryptos. We have been in a retracement for 4 months. This is really no big deal. Consolidation is normal. Most investors find it difficult to leave emotions out of their investment plans. It is human nature to be emotional. Only trading bots can function 24/7 in the markets without emotions. Let us now consider some rational logic regarding our global economic future and blockchain technology.

Mankind has developed financial instruments through history. One thing for sure is that money and commerce always seeks efficiency. If efficiency is not present than money and markets will suffer ultimately collapsing. This is where we are currently with our monetary Fiat based system of banking and commerce. Fiat money has run it's course. Central Banks have abused their power and over printed their currencies to the point that they are worthless. We basically have a global Zimbabwe scenario. Hyper inflation has started and people are losing confidence in their countries currencies. When the Fiat money collapses, it happens quickly, almost over night.

Crypto currencies and the blockchain are true money that has transparency and honesty. Crypto currencies can not be counterfeited or hyper inflated by simply printing them into oblivion. Bitcoin, Litecoin, ZCash, Monero, Dash and many others are deflationary by nature. They have limited supply and mathematically have to raise in value over time due to nature laws of supply and demand. Crypto currencies using the blockchain have great value. The value is the tethering to the irreplaceable blockchain of stringed data. As the blockchain grows, so does the data it contains and the value of that data. The blockchain has a history of data that can not be disputed or challenged. It is what it is. It is as stated. To have data that can not be fudged or manipulated is golden. This means you can have peer to peer trusted transactions and smart contracts without any middle man. Think of the trillions of dollars that this will be worth! Crypto currencies are replacing the old Fiat monetary system as we speak. We are witnessing the death of the old and the birth of the new.

Cryptos and the blockchain are the ultimate of efficiency. Do not let internet noise or well orchestrated FUD (fear, uncertainty, doubt) deter you from realizing the basics of this new Fin Tech. The world has NO CHOICE but to utilize cryptos and the blockchain because of their efficiency. Did the internet help with efficiency? Absolutely YES. Try to function without it now a days, you can't. So too will be cryptos. Early investors who hold strong and that can fight emotions will be financially victorious. Remember that wealth always moves from the impatient to the patient. Are you patient enough to be the wealthy class?

In the last 4 months cryptos have been consolidating and in a "Bear" trend. Who is buying? Who is selling? The ones who panic with emotion are selling. The ones who control their emotions are buying and so are sophisticated advanced computer bots. Guess who will come out victorious. Will you be one of them?

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