I’m not a financial expert. Not a chart guy. I am not a money guy. I like money because it provides me and my family with meals, shelter, freedom, comfort, safety, and fun. I’m far enough into life to realize you can do what you love, but you should probably also learn to play the game so you can do what’s necessary to pay the bills, make ends meet, and have some funds left over to do nice things.
For sure, life is NOT all about money. Those that think like that are asshats. They may be rich and “successful” but if their sole purpose is to make money and buy things, they’re probably more deeply flawed than you and I. And I’m flawed, no doubt about it. But one thing I try not to do is lead people astray. Especially when an opportunity is present. Opportunity that’s within reach for regular, everyday people. Opportunity like #crypto.
Right now, you’re hearing how awful, dangerous, and scandalous it is in the world of #cryptocurrency. Sure, there are shitty people within the crypto world, but these are the same type of shitty people you’ll find everywhere. They need to be dealt with. There probably ought to be some rules regarding cryptocurrency. Reasonable regulations MAY alleviate some fear for crypto investors.
But how do we deal with the real troublemakers? The people that know cryptocurrency is the opportunity of a lifetime. Those that are already wealthy, already have power and are already in control. They’ve been calling the shots. They always have. And right now, as they are loading up their portfolios with holdings in #fintech, #blockchain, and actual crypto #tokens, they are also funding the headlines that are keeping you out, or at the very least, trying to get you out of your crypto.
There are exceptions, of course. Not all investors are jerks. Not every wealthy person is an asshole. Every successful company or firm is not crooked. However, flawed people with money do unsavory acts to maintain their place in the food chain. They call it survival, but their notions of survival morph and change as their wealth grows. It’s all relative, right?
But these #banks, #investors, firms, politicians, and organizations that say they are trying to protect you…is that true? We’ve seen them time and time again talk about how cryptocurrency is dangerous, that it’s a fad, that it’s used by criminals, and that it’s a Ponzi scheme. That they’ll never touch it, only to learn that they’ve been investing. Oftentimes, for years. And suddenly, there’s a change of heart. They come out and say that maybe there are use cases. That what they’ve come to understand is that they’re actually buying software. And while it’s true, billionaires can continue to grow and learn and change their tunes, they also know exactly what they are doing when they are spouting off about how terrible something is. They are doing their best to scare people away, so they can take a good hard look and load up. lThey stay first by getting there first and they hate to be beaten.
The cryptocurrency market is down because people are selling. They are selling because they invested too much. They are selling because they are tired. They are selling because they must pay for bills or buy food or pay the rent. I get it. Sell for survival. But don’t sell because some wealthy person or investment firm is telling you bad news. Do your own research. If you do, it’s likely you’ll place your bets on the best opportunities available. Make the market. Buy what you believe in after you’ve done the research. There are many great teams in the crypto space. Hardworking people. Smart people. Caring people. They are getting up and getting at it every single day because they believe in their vision. They have solutions.
Take the time to find these people. But don’t wait too long. Others, with more resources, are on the hunt. They are buying the red while you wait for the green.
So, there’s my rant for the day. This is not financial advice.
Put some good into the world.
~@cryptokj2