Why Accept Crumbs When You Can Have The Bakery
The graph above shows us how early this crypto industry really is as $2 trillion is seriously nothing. The days of having $10 trillion will seem like nothing in 10 years from now and why building a giant sized portfolio is what I am doing.
Price should not be in the thoughts when what is on offer will seem like crumbs when if you waited you could have the entire bakery. Why settle for a cheap suit as we all know this is the future.
It is a strange feeling when you look at the twitter feed and see doom and gloom and yet you don't care. The people who are looking at the prices have too much to lose as they are not building anything and is all about today.
if this was happening 10 years from now I may have a different outlook but I dare say what I have will be worth a hell of a lot more. How much I have no clue as I am still in a building phase that will carry on for years to come. Stepping stones taking a $10 000 portfolio to $100 000 and then to infinity as no one knows how high everything is going to go. All we do know is it is going up so why would anyone be worrying about price now?
Crypto is in it's infancy stage and has so much more growing to do in order to achieve what we all imagine will be wealth changing money. Today the market cap of all crypto is worth $2.23 Trillion which is still nothing to where we are all heading. Places like Hive are still in their building phase so never sell yourself short as $5 is not life changing money which is 3 x the value we see today and that seems too cheap.
It is not only price that is increasing the overall market cap as new volume arriving is what will drive the overall growth. The growth is obvious just looking at the last 24 hours with $24.6 Billion pouring into DEFI. Two years ago that would have added 5% to the market cap and today would be more like 1% due to that market cap having quadrupled in the last 24 months.
The slowest growth is always the initial stages as it takes time to start snow balling. The initial $100 million took 7 years and 7 years later we are 22 x bigger so one can only imagine where the next 7 years is taking us.
A market cap growing at just on 400% in the last two years equates to 17% per month which is a staggering stat. Everyone is waiting patiently for the bull cycle which will surely change these stats yet again and a target of $10 trillion surely has to be in reach. Then again will that make any difference except tell us what we already know and that we are still early.
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looking back a that 2017 rally is now laughable :D
I was thinking exactly the same thing when I looked at this graph tonight. Bit like a teaser of what was still coming and why this is still so early.
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Those set of people don't know how to take risk or would I say they don't have the mind to do so in the aspect of not losing anything.
That is a really awesome chart. Thanks for sharing that. It really gives you a lot of perspective about everything. It reminds me of a segment from a recent episode of Yellowstone where one of the characters is talking about perspective. Good stuff!
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I have a full confident that crypto is going hit the world of finance real hard that's for those have literally taken bigger risk to invest in it. Ten (10) years ago crypto was overlooked and wasn't tangible. Looking at it now I can say the future is really huge and will be profitable
No matter how much the crypto market covers our entire financial system, I think the world is in the process of preparing for it right now.
But in the not-too-distant future, crypto will grow even bigger and coins under construction like hive will reach a very high value.