Tale Of Crypto Adoption : Ep- 01

avatar

Hello, Good to be back here at the sublime community of finance, crypto and the blockchain technology and its a pleasure to read and engage with co-authors.

Today, I am going to discuss about a common issue that we mostly face during the journey of crypto and building a nice career in the realm of digital tokenized system. Its a bit familiar topic to discuss, but anyway lets move on and see what we can find with it.

The idea that there are so many crypto tokens to choose on and we have many exchange platforms to operate. The blockchain that helps to build a decentralized base is what would be powerful in the days to come. In those web systems there is good infrastructure to cover up so many users at a time.

Now, while as a beginner who has a little knowledge over a crypto tokens, different coins and having a distinct price attached and from time time they possess varied value. Also while one looks that crypto categories are different - then the user generally gets to shy where to start from.
Src

I have had the same experience while I started in a years time. To be able to decide to put some real savings and cashes into crypto is a bold decision to make and not everybody can have that in common.

There are people who have their own preference list to adopt tokens and try different tactics to capture them. But doing own research is important which is known as "DYOR".

Some of the peers you have will opine differently, all of those advices would be as of their past experiences. If one tried to buy a few altcoin because they are cheap comparatively in price and got to hold for longer for benefit - then its for personal choice he made and it wont work for all.

The another doubt that comes on while trading is when " no timespan is maintained". Its as where to hold on for longer and where to release and the perfect time has come at last.

If anybody holds $10k of asset with a few valuable altcoins, and when he waited 4 years from the early investment of $100 and the price of the token was low enough to buy.

The current price of the token was unpredictable like BTC today holds value and already reached its ATH. But there are some people who could sense the value to rise up and banking on that possibility is how they moved on and made a little deposit that earned him 100× profit with no big time.

Lastly I would say it all depends on predictability of things. What I believe that crypto will pay one who would predict the rising price earlier.

The rest is luck and await for the right time to come.

Do opine what you feel. Have a nice day 👋💐



0
0
0.000
0 comments