With the US and many other countries printing trillions of dollars worth of fiat during COVID-19, it would seem silly not to put a portion of your investments into deflationary cryptocurrency. Especially seeing El Salvador fully embrace Bitcoin as legal tender, I think we're only at the beginning of what can be the future with cryptocurrency. There may be some short-term pain incoming, but I'm confident that cryptocurrency isn't just a trending investment vehicle; it will make major waves throughout the next few years and stand out as a viable alternative to fiat.
I agree with all points, but maybe we could include the whales that causing people to do panic selling at a lower cost. Where they are getting their millions back and afterwards they buy the token/coins on a lower amount of money. It is like a roller coaster ride like what the image explains, but it will depend on us if we enjoy the ride (down going up) and fear that the coaster may fall to the ground (up going down)
Mixed Emotions in Geopolitics Cause Instability in Cryptocurrency Markets
Good insight and sound reasoning. BTC is a hedge against all the fuckery in the world.
Great to see your name on an article! Few and far inbetween but a familiar name who helped me upon my first day on the community.
This rollercoaster isnt slowing down yet, strap yourselves in and hold my hand as we take the ups and downs together
This is all very exciting indeed. The future of FIAT is gonna be very limited in my opinion.
What`s going on in Kenya?
With the US and many other countries printing trillions of dollars worth of fiat during COVID-19, it would seem silly not to put a portion of your investments into deflationary cryptocurrency. Especially seeing El Salvador fully embrace Bitcoin as legal tender, I think we're only at the beginning of what can be the future with cryptocurrency. There may be some short-term pain incoming, but I'm confident that cryptocurrency isn't just a trending investment vehicle; it will make major waves throughout the next few years and stand out as a viable alternative to fiat.
I agree with all points, but maybe we could include the whales that causing people to do panic selling at a lower cost. Where they are getting their millions back and afterwards they buy the token/coins on a lower amount of money. It is like a roller coaster ride like what the image explains, but it will depend on us if we enjoy the ride (down going up) and fear that the coaster may fall to the ground (up going down)
We have to get ready to changes. A lot of thinks are happening right now and the ones who get prepared can avoid a lot of unnecessary problems.
I stopped caring about how much money my country prints after I got crypto. The printing is necessary for crypto values to rise.
"If Russia is leaving the US Dollar behind, China and smaller nations could follow suit." This statement right here is worrisome.
In the coming future we will see many countries doing Same as El Salvador's cause Bitcoin Is The Future Of The World :D
Btw Short and Nice Article
Thanks Thomas 😊
Interesting read. BTC is the future.