Top 3 Reasons the Crypto Crash is Good News for the Industry
Let's take a break from licking our wounds and poortfolio returns. These have been some rough weeks in the crypto trenches. And we may not have found the true bottom yet but here are some things to consider. Just take a look at Google Trends for the past (7) and even (30) days for the terms cannabis and bitcoin.
For the past 3 months cannabis has been a high peak interest subject. From states legalizing cannabis to entire countries like Canada legalizing. The B2B interest has been high. But for the past 7 days the worldwide searches for bitcoin are greatly exceeding cannabis. Some of these browsers may convert to buyers.
Here are some things to consider.(1) contrarian strategy (2) sentiment (3) increased adoption. Time is a common factor for all three elements.