The simplest and most honest, but at the same time the right answer - as long as people want it. Once in a while everyone asks themselves the question but no one wants to accept the simple truth that a bull run in the cryptocurrency market is possible only because people want it to be. When people come to the conclusion that cryptocurrencies are not something that is embedded in them and that in fact they are just playing thimbles and instead of "fighting" (as far as it is possible to imagine) with fiat, they only stimulate it with their behavior - someone will be disappointed and calm down after realizing that all the words around cryptocurrencies are solid lies, and someone will stay and wait for a new "trip to the moon" to collect the last cream in life. The question here is rather worth putting in a different way - when will people understand that cryptocurrency is not a means of profit but a means of turnover?
I am reading through your post and I really don't understand most of the things you're saying, however, in relation to this your point
"someone will be disappointed and calm down after realizing that all the words around cryptocurrencies are solid lies and someone will stay and wait for a new "trip to the moon" to collect the last cream in life."So what exactly do you mean by this? Are you saying crypto trading/Hodl are not profitable? which I know for a fact are and is the major reason all go into crypto trading.
And when you concluded with this...
"The question here is rather worth putting in a different way - when will people understand that cryptocurrency is not a means of profit but a means of turnover?" Turnover"often, turnover is used to understand how quickly a company collects
cash from accounts receivable or how fast the company sells its inventory."
So I would relate that to how quickly you can make profits from your crypto investment which all bores down to Profits bcos to me, Turning over-investment in crypto is making a profit.
As an investor, it depends on how soon or how long you wish to wait to take profits or what kind of strategy you adopt in taking profits is up to you because there will definitely be a pullback so the strategy like I said is all yours.
YOUR INVESTMENT - YOUR GAIN, YOUR LOSS
No. I'm just saying that cryptocurrency trading is killing cryptocurrency as it was intended to be. With each new ATH, people literally print more and more dollars with their own hands. What's the point? The higher the exchange rate of cryptocurrencies, the more fiat money will be printed, the more inflation will be and the less money you will eventually have. This is the simplest trap.
"A means of turnover" - in the sense that I believe (and so it was when creating) cryptocurrency is not a commodity, but a means for buying goods. And the problem is that fiat currencies in this scheme act as a commodity and this brings us back to the previous point. Why doesn't anyone want to buy coffee with btc directly? Why does everyone have to first exchange BTC for dollars and then buy coffee? It doesn't make sense.
