Excellent crypto potential

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2 years ago

Not denying a possibility that the crypto world could be rocking gold or the stock market, because there has been a lot of research and analysis on this.

A reference can be taken from Bloomberg media analysis which says that actually Bitcoin has experienced very ups and downs in performance, we need to know that Bitcoin has not been released for too long compared to other fiat money, such as gold, commodity stocks and others, but with the release Bitcoin is suddenly able to change the era in which the fact that an asset can be tracked with data, everything will be transparent, and it can replace existing fiat money.

For example, currently many countries are accepting legal tenders for Bitcoin, because they really want to switch to the world of cryptocurrency, but all of that is the result of an analysis that turns out to be under pressure either a spike in inflation, be it an increase in interest rates, be it a conflict between Russia and Ukraine, but in the midst of all those crises among other investment assets, it turns out that the data zone that is still at the top is cryptocurreny.

Mike McGlone said that if for example we switch to investing in the world of cryptocurrency, we still get profit even though we are forged with the many issues as above, here also he explains the data in real, facing inflation, war, 2022 can be excellent for returning risky assets and marks another milestone in Bitcoin's maturation.

Source from twitter Mike McGlon

It's impossible for Bitcoin to stop outperforming Gold, the stockmarket in the midst of a drag as the Fed tries another rate hike cycle.

Source from Bloomberg intelligence

Now if we look at the data that has been described in great detail, if Bitcoin is white and its spike is very high than other assets, it means that the cryptocurrency world can still give us an advantage.

It could be a benchmark for us, but for the record we must continue to have a portfolio in the world of Gold, the stock market and others, it is very important for us to have a portfolio there, so don't immediately enter everything in the cryptocurrency world, because it is better for investments to be shared with each portion.

I personally think that if we don't keep up with the times like this it might be behind the times compared to if we follow it it might be better, I imagine if inflation gets bigger and the price of basic commodities starts to rise, maybe if we don't use assets to invest now it will be very chaotic.

The most important thing is that we don't be too greedy, if we have made a profit or at least we have returned, there will be a 50% profit or even 100% take take profit, because we need to remember that the scale in the cryptocurrency world is very volatile, so today it can be very high and a blink of an eye it can be instantly destroyed, it really can happen in the world of cryptocurrency.

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