RE: The Early Bird Advantage: Why You Shouldn't Take Cryptocurrencies For Granted
Dear @gandhibaba
In a nutshell, being an early bird means that you enjoy great advantage and privileges ahead of others - the latecomers
Wouldn't you consider being 2nd a better solution? Especially in long term? Early birds are usually making tons of costly mistakes and eventually they are almost always loosing against those who go 2nd.
Myspace lost to facebook, yahoo lost to google. IBM kind of lost to Apple.
Personally I think that being early bird must be very exciting, however financially it's usually not the most efficient.
Also please allow me to ask you personal question: do you consider yourself early bird / early adopter within blockchain technology? I think that only those who joined before 2007 could be called that way. I wonder what's your view.
Good read :)
Yours
Piotr
Thanks for the fresh perspectives here, especially your citation of the case of Myspace and Yahoo. Early bird doesn't necessarily mean the first person. It could mean second and third and even the 1000th. What makes a person an early bird is a matter of ratio. With only less than 0.5% of the world's population using cryptos, we are early birds being on Steem at this stage. That should answer your question. You and I are still early birds when ratios come into the equation. Cheers! And thanks for stopping by.