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Topic: crypto is actually the future - page 5. (Read 844 times)

sr. member
Activity: 1288
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June 04, 2024, 03:26:36 PM
#13
the future of investment, that is,

while traditional markets are becoming more and more unpredictable (prices driven by expectation/marketing), cryptos are drawing clear patterns over and over again.
the game is actually flipping over. traditional assets are becoming gambling, and crypto is becoming fundamentally backed by historical data.


Future for what? Future money in the whole world? This is what others think will become future money, because others believe that paper money or fiat will become useless because it will lose value. Though, right now, there is no denying that Bitcoin is very good in the long term, especially if you have a large amount of money at the moment.

Having a lot of money nowadays can really be said to be an advantage to buying a large amount of bitcoin after holding it long-term. Now, there is nothing wrong with what you are saying; maybe it will be stronger if you show another reference to say that what you are saying is true.

Well,you are right, though people think, their suffering will stop once they are into crypto, yes, they are actually right but that can only happen when they are ready for the risks involved, especially if the market is really fluctuating because it's not everytime one has to gain, at times in life, we do have a bad day or good day, which has be helping in any kind of decision during trading or investing, because it can aid us not to be a victim of any circumstances like having a lot of loss.
legendary
Activity: 966
Merit: 1042
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June 04, 2024, 01:29:12 PM
#12
Hmm, I won't say that, but yup there's decent space crypto as well, At the same time if you consider my views, even in outer space = other than crypto there are a bundle of opportunities in your local market to make huge returns. But yup crypto is easily accessible and you can try your luck there. Honestly, the beauty of is that it's not limited to the heavy gains in investment.

It can actually revolutionize the system whether it's our governance system, political system, or social system anything can be revolutionized in a decentralized way and on a transparent scale. My belief I crypto won't be considered an investment opportunity only shortly it will be adopted to development better systems the only government I've admired in this particular section is the state government of India they were quite active in the IT industry and made a couple of good announcements, but eventually everything stopped maybe due to elections but I consider India to be one first country to explore this sector.
hero member
Activity: 1386
Merit: 513
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June 04, 2024, 01:19:07 PM
#11
the future of investment that is,

while traditional markets are becoming more and more unpredictable (prices driven by expectation/marketing), cryptos are drawing clear patterns over and over again.
the game is actually flipping over. traditional assets are becoming gambling, crypto is becoming fundamentally backed by historical data.

I think most of people including me won't agree with you because the traditional market is volatile occasionally and you will find them unpredictable only if you don't have any knowledge to predict them. For example, from a general point of view, they might be unpredictable because of the ongoing war between Russia and Ukraine, Palestine, and Israel. Election in the US and many other factors (from the fundamental point of view) should be considered behind this unpredictable market.

While you say unpredictable many make good money out of it just because they can predict the market on the basis of there knowledge. I assume you must have some knowledge of crypto and you can predict the price (obviously to some extent only) so you think crypto market is more predictable but it should not be predictable but only in terms of long period.
hero member
Activity: 812
Merit: 619
June 04, 2024, 12:41:19 PM
#10
the future of investment that is,

while traditional markets are becoming more and more unpredictable (prices driven by expectation/marketing), cryptos are drawing clear patterns over and over again.
the game is actually flipping over. traditional assets are becoming gambling, crypto is becoming fundamentally backed by historical data.


What makes you think and say that traditional markets are more unpredictable than the cryptocurrency market? The cryptocurrency market is still very new, whereas the traditional financial markets are pretty mature and those who are into those markets understand them very well just like how we expect someone with a lot of experience in this market to understand the movements of different cryptocurrencies.

We always hear or say that it is never possible for anyone to predict the price of a cryptocurrency precisely, I know we make predictions based on historical data but that doesn't mean we can always be right, and even if we are right about its direction, we can never know the limits it can go to.
sr. member
Activity: 2520
Merit: 280
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June 04, 2024, 11:56:45 AM
#9
the future of investment that is,

while traditional markets are becoming more and more unpredictable (prices driven by expectation/marketing), cryptos are drawing clear patterns over and over again.
the game is actually flipping over. traditional assets are becoming gambling, crypto is becoming fundamentally backed by historical data.


Crypto as investment or crypto as payment are not the same, it's better it has to be latter or there is no point of having decentralised monetary system when we are simply going to use it for bump and dump.

Although traditional market still in the stable level not becoming a gamble as you claim whether it's gold, silver, real estate probably the only exception is stocks which is becoming more unpredictable and centralized one tweet can change the fate of a company now.
hero member
Activity: 1666
Merit: 453
June 04, 2024, 11:54:24 AM
#8
the future of investment, that is,

while traditional markets are becoming more and more unpredictable (prices driven by expectation/marketing), cryptos are drawing clear patterns over and over again.
the game is actually flipping over. traditional assets are becoming gambling, and crypto is becoming fundamentally backed by historical data.


Future for what? Future money in the whole world? This is what others think will become future money, because others believe that paper money or fiat will become useless because it will lose value. Though, right now, there is no denying that Bitcoin is very good in the long term, especially if you have a large amount of money at the moment.

Having a lot of money nowadays can really be said to be an advantage to buying a large amount of bitcoin after holding it long-term. Now, there is nothing wrong with what you are saying; maybe it will be stronger if you show another reference to say that what you are saying is true.
hero member
Activity: 784
Merit: 672
Top Crypto Casino
June 04, 2024, 10:58:38 AM
#7
we as traders want clear trends.
crypto has the advantage that there are still a lot of retail traders in comparison to markets that are dominated by algos run by gigantic financial institutions.
You're right to some extent but wrong at the same time, even crypto market is mostly dominated by the algos. Top level institutions and whale traders have some tech advantages which a normal trader can't even imagine. They have made their algorithms and at the same time trained their AI models to the levels that makes them advantageous in comparison to normal traders.

There are still so many trader who try to stay away from crypto market due to very high volatility and unpredictability. I know we crypto traders prefer it way more as compare to traditional markets but many still try to avoid investing in crypto market. The crypto market is of course a great way to generate wealth when you understand the things deeply but it's not for everyone.
legendary
Activity: 2413
Merit: 1003
June 04, 2024, 10:21:28 AM
#6
we as traders want clear trends.
crypto has the advantage that there are still a lot of retail traders in comparison to markets that are dominated by algos run by gigantic financial institutions.
full member
Activity: 1484
Merit: 136
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June 04, 2024, 06:58:14 AM
#5
the future of investment that is,

while traditional markets are becoming more and more unpredictable (prices driven by expectation/marketing), cryptos are drawing clear patterns over and over again.
the game is actually flipping over. traditional assets are becoming gambling, crypto is becoming fundamentally backed by historical data.

I think you forgot to mention the volatility in the cryptocurrency market, which for me's the biggest enemy right now compared to other traditional markets.
What I jus really admire in the cryptocurrency market is the accessibility, where you can easily invest, it's more accessible for many.
What can we do with the unique characteristics of a crypto currency? Although volatility may seem to be a disadvantage, on the contrary, it can be taken advantage of. Well, if you will invest in knowledge and skills in cryptocurrency, then you will know what I'm talking about. For example, through the years, the bitcoin price has grown a lot in terms of price, and because of its volatility, many people or investors actually have a good life because they invested in knowledge in order to navigate profitable bitcoin. Yes,  crypto currency is risky, but if you can turn that risk into an opportunity, then it would actually be a good thing. You just need to have patience and be dedicated in order to hone the knowledge and skills you need to earn. Small sacrifices will eventually lead to success, and bitcoin or crypto currency is worth the risk, if you can make it into opportunity then you can make everything in your life in a positive way.
legendary
Activity: 2413
Merit: 1003
June 03, 2024, 08:57:08 PM
#4
the future of investment that is,

while traditional markets are becoming more and more unpredictable (prices driven by expectation/marketing), cryptos are drawing clear patterns over and over again.
the game is actually flipping over. traditional assets are becoming gambling, crypto is becoming fundamentally backed by historical data.


Can you provide a few historical data to support your thoughts. As crypto is still considered highly unpredictable market than traditional market. It is still hard to predict the price of Bitcoin in 2024 with all the historical data and patterns used.

predicting price is always the wrong starting point anyway. the historical data that support my thought are the well know Bitcoin cycles. we have clear trends that are surfable for the patient people

the future of investment that is,

while traditional markets are becoming more and more unpredictable (prices driven by expectation/marketing), cryptos are drawing clear patterns over and over again.
the game is actually flipping over. traditional assets are becoming gambling, crypto is becoming fundamentally backed by historical data.

I think you forgot to mention the volatility in the cryptocurrency market, which for me's the biggest enemy right now compared to other traditional markets.
What I jus really admire in the cryptocurrency market is the accessibility, where you can easily invest, it's more accessible for many.

volatility is just a case of timeframe and position sizing. if your time frames looks crazy, "zoom out". people look at 15min way to much. Bitcoin is daily, or even weekly
legendary
Activity: 2506
Merit: 1394
June 03, 2024, 08:21:49 PM
#3
the future of investment that is,

while traditional markets are becoming more and more unpredictable (prices driven by expectation/marketing), cryptos are drawing clear patterns over and over again.
the game is actually flipping over. traditional assets are becoming gambling, crypto is becoming fundamentally backed by historical data.

I think you forgot to mention the volatility in the cryptocurrency market, which for me's the biggest enemy right now compared to other traditional markets.
What I jus really admire in the cryptocurrency market is the accessibility, where you can easily invest, it's more accessible for many.
sr. member
Activity: 490
Merit: 279
June 03, 2024, 07:42:39 PM
#2
the future of investment that is,

while traditional markets are becoming more and more unpredictable (prices driven by expectation/marketing), cryptos are drawing clear patterns over and over again.
the game is actually flipping over. traditional assets are becoming gambling, crypto is becoming fundamentally backed by historical data.


Can you provide a few historical data to support your thoughts. As crypto is still considered highly unpredictable market than traditional market. It is still hard to predict the price of Bitcoin in 2024 with all the historical data and patterns used.
legendary
Activity: 2413
Merit: 1003
June 03, 2024, 07:37:12 PM
#1
the future of investment that is,

while traditional markets are becoming more and more unpredictable (prices driven by expectation/marketing), cryptos are drawing clear patterns over and over again.
the game is actually flipping over. traditional assets are becoming gambling, crypto is becoming fundamentally backed by historical data.
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