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RE: Calm Down! A Few Thoughts about Investing and the Ups and Downs of the Cryptocurrency Markets
Yup. The ride will be less wild by then - the days of 1000% overnight gains long gone, but by that point using the technology should be smoother - and yes, some 'normality' could be a very good thing !
(I can't deny I do get a bit of a gambler's high watching XRP go from $.009 to over a dollar...but also that low when crypto I'm in plummets, even temporarily lol...it would be nice to know the long term trajectory, and that my crypto is as 'safe' sitting on an exchange as my IRA is with Vanguard.)
Many years ago when i was into forex. I was looking thought all the currency pairs that where available on the platform I was using for over the counter trading. All the way at the bottom I noticed this one pair that had just massive drops. It was the Zimbabwean dollar at the time. I was just a stupid kid. Had no idea what hyperinflation was. Thankfully I didn’t take the gamble because I would lost my shirt and then some. I check in on it every day just not understanding how it could be taking such a massive dump day after day.