RE: Crypto Crash: Lessons for the patient, and those who wish to be
Some sound knowledge shared here, serving as a timely reminder to anyone prone to panic!
If people do their research, understand how blockchains work, and then try to figure out how this tech will impact various key industries (and even the whole economic system!) then the value proposition of crypto becomes clear.
However, such shifts are are not going to happen overnight, and it must be remembered that the crypto market is still in its infancy. There are a lot of unseen twists and turns still to come. The crazy run-up in the last few months should be considered an anomaly born of speculation.
In my opinion, anyone looking to make a 'quick buck' out of crypto is doing it wrong - better to put your fiat into a few strong projects and write that money off for 3-5 years. Once the tech matures and adoption picks up, then true value will be revealed, and the early adopters will be rewarded for their strong hands!