EMBRACE EARLY STAGES OF THE TRILLION DOLLAR CRYPTO BUBBLE.steemCreated with Sketch.

in #cryptocurrency7 years ago (edited)

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  “Not all readers are leaders, but all leaders are readers.”  - Harry Truman.  

  If your new to the crypto world….. FIRST get ready for the wild rides and NO we are not anywhere near a BIG bubble. Again, like 2013 you hear the words…… bubble. The definition of a bubble is: 

A situation in which a particular investment or class of investments is producing such good returns that they attract an increasing amount of investment until prices are far higher than can be justified by a rational analysis of likely future returns from those investments. 

Now this doesn’t mean we wont see mini mania or crashes, but in hindsight these will be blimps on the charts. Just REVIEW and READ about the past….The real mania is hardly in sight. The first thing to remember is the price of your favorite token does not SPLIT. Unless they hard fork, but in general there is a set supply with or without inflation. This means that the prices we WILL see will be VERY HIGH compared to your favorite stocks in the future. The bitcoin price everyone is amazed at will be LOW compared to the prices of the future. Another and probably the most important thing to remember … Is this bubble will be a GLOBAL PHENOMENON. Unlike the American stock exchanges, the money that flows to your favorite business model or (token) will come from ALL PARTS OF THE WORLD.    

With comparisons of THE DOT COM BUBBLE you read about weekly, I would like to ensure you that this is absorb. YOU HAVEN’T SEEN ANYTHING YET….To understand where we are, you have to go back to 1995 to when…..kids believe it or not there were 18 million commercial internet users…. And you pick up your favorite internet stock split adjusted before the mania for pennies or a couple dollars. Just as these days you pick your favorite crypto token for a great price. REMEMBER THIS WILL BE A GLOBAL BUBBLE. Unlike anything seen before. If your reading this….. WOW. Fast forward, 22 years and here we go again. For comparison, the TOTAL crypto bubble is LESS than 5% of the Inflation adjusted 4 TRILLION Dot.com bubble was in the 90’s.  

                    REMEMBER THIS. BE PATIENT. THINK LONGTERM. AND READ. READ. READ.  

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Thanks brother. keep grinding and be patient.

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