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RE: FUEL FOR THOUGHT: CRYPTO IS FOREVER

in LeoFinance2 years ago

Your words and conclusions are encouraging for the future of cryptocurrency. Well-written!

One of the first lessons I learned, even prior to purchasing my first cryptocurrency, was the importance of self-custody. It's an essential investment.

Keep in mind that cryptocurrency growth is pushed by the ability of people to purchase risk-on assets, since they tend to fall directly into that category, if for no other reason, than based on their volatility. Once inflation is under control, there will be incentive to turn the money printers back on in order to continue economic growth. Within a short period of time, the consequences of the influx of money will be seen in the growth of risk-on assets. I can't predict exactly when it will occur (do I look like an oracle to you? 😉), but it's a predictable and normal cyclical occurrence, and thus will happen.

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So it is a good time to build in crypto.
I am hoping for a stable influx for crypto where legitimacy grabs a good 10% of the crypto market.

!PIZZA

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You hit the target, Mr. Pouchon! A good thought.

“You make most of your money in a bear market, you just don’t realize it at the time.”

  • Shelby Cullom Davis

Those who will survive the bear market in a steady state are more likely to build further during a bull market. Personally, I'd have cryptocurrency as a smaller portion of my total portfolio for the sake of diversification, as viewed from a fiat perspective. Bitcoin remains a significant but minor portion of my portfolio because I also believe in its fundamental role in the future of worldwide currencies.