Is This The Right Time To Invest In Crypto?

The crypto market is one of the most exciting sectors in the financial industry. In fact, it is the sector leading all the technological changes that promises to completely transform finance.

Stocks vs Cryptos

Unlike stocks which are only based on your local market, the crypto sector is global and trades 24/hours a day, 365 days a week. Even more exciting is the fact that cryptos represent a network asset/security. Though they are offered by a company, they derive their value from their global network as opposed to a local market.

Take the case of Ethereum. Ethereum is a crypto asset founded and headed by Vitalik Buterin. However, unlike Apple or Amazon which are traded on USD-based exchanges, (NASDAQ), Ethereum is traded globally. Thus, whenever you purchase a single unit of Ethereum you are also banking on Ethereum’s demand from around the world. Thus, Ethereum derives its value from a global demand and utility.

What also differentiates cryptos from stocks, bonds, and other assets or securities is the fact that cryptos are programmable money. They are functional assets/securities that allow for product development using the network. A stock is simply an investment ownership (a share) of a company. A crypto share, however, is an ownership of a network upon which many companies can be formed and operated. Thus, by owning a unit of Ethereum you are in fact diversifying your investment throughout all the dApps and products running on the Ethereum blockchain.

The Banking Revolution

What is truly revolutionary about cryptos is not the technology or the fact that the currency/asset/security is a global financial instrument — all that being true. The ultimate value of cryptos comes from a very simple notion: personal banking. When you purchase a crypto asset, you are empowering yourself to become your own banker. Unlike owning cash, stocks, bonds, and so on, cryptos can be easily stored in your private wallet. It does not require a custodial entity, a third party, to hold your assets. In other words, you do not have to deposit your cryptos at a bank or have it managed by a financial institution. Just get yourself a cold or digital wallet and you are ready to safeguard your assets. This means that you, unlike your predecessors going back thousands of years, have the power to hold and utilize your money without giving its power away to the financial systems of the world.

Volatility and Profit Potential

Cryptos are volatile; you will hear it said by the major market makers. Yes that is true. However, this volatility is what allows you to invest a small amount of money and walk away a rich man. Similarly, you can lose all your savings. So, be careful and only invest what you can afford to lose. What is not discussed at length is the fact that you stand little chance of being rich if you do not invest in the next financial instruments that will transform commerce and our entire economy. And, that is crypto.

Can you imagine the opportunity you would’ve lost if you failed to invest in Apple, Amazon, Google, or Facebook back when they were just starting out? Or better yet, what would be your financial situation if you did not participate in the internet revolution that completely transformed the entire world of commerce and social media?

This is what is happening with cryptos. The entire economic structure of the world will be replaced or run on blockchain technology. There is no way to avoid it. Even governments will soon have to adopt blockchain technology to conduct voting, legislation, and policy making. In fact, it is undemocratic for governments to hide under the title of being open and transparent while the citizens have no access to the actual legislations and policies being enacted. But, I digress!

Current Market Opportunity

The crypto market is down 85% from the All-Time-Highs (ATH) reached back in November 2021. This is also true of stocks, though not to the same degree. Every sector of the economy has been gravely impacted by the Covid-19 pandemic, the war in Europe, and the resulting energy crises. However, it will be cryptos that will stand to make the best returns when the market turns around. Yes, stocks will grow as well; but not at the rate of cryptos.

The current market presents us with one of the best times to accumulate crypto assets. I cannot even believe the opportunity that abounds within the crypto sector. Can you just imagine what it means to purchase Cardano at $0.35 when it was trading at $3.10 back in September of last year. Or the opportunity to purchase Polkadot at $6.06 when it traded for $55 at the ATH. For an even more powerful trade, just take a look at Bitcoin trading at $19,300 in comparison to its ATP price of $68,991.

The market makers or so called “smart-money” have been accumulating Bitcoin and other major crypto assets during the current bear market. They are positioning themselves for the upcoming bull market that will surely be upon us the moment that central banks reverse their interest rate hiking programs. And, that will be soon!

Just look at the following articles as examples of the market positioning by the major industry leaders:

Mastercard Taps Paxos to Launch Crypto Trading for Banks

Société Générale’s Crypto Division Lands Regulatory Approval in France

BNY Mellon Says Client Demand for Crypto Led to Custody Offering

The BlackRock Trust: Crypto Legitimacy or the Beginning of the End for Bitcoin?

Closing Words!

This is not financial advice: if you are looking to earn some serious money and potentially become economically independent, you must consider crypto as part of your overall portfolio. The future is crypto. The entire world is shifting towards a decentralized economy based on blockchain technology. All you have to do is read the news or watch financial networks to understand the changes that are taking place right at this moment.

One either moves with the changes or is destroyed by its forces. You have been given the power to decide; the capacity to own and custody your assets; the technology and access to invest globally. The rest is up to you!