HODLer Alert! Cryptosphere "invades" our Backyard!!
Just today, I got something on my smartphone which represented a real "Aha!" moment for me. An invitation on an app to a local meeting in our area. To do what?
"... connect with our growing local blockchain community ..."
What? When did a network begin in our local community to "connect" over this topic? Right in my "backyard" so to speak! I'd never seen anything like this before now.
As an investor, I look for indicators and this was big for me. As essential aspect of all of our portfolios growing is adoption of blockchain technology by an ever-growing percentage of people all over the world.
I expected to see the day come of hearing more about it locally, but under current market conditions? Seeing it happen this soon? This was a very positive indicator to me.
So ... I'm very big on protecting my privacy, but ...
"We endeavor to expand our horizons together ..."
... this sounds both very interesting and intriguing to me. So, I may show up at this meeting and just play dumb. I mean, after all, how hard could that be ... 😉
Seriously, I see a lot of current information this is positive and, perhaps like you, try to reconcile that with the current state of my crypto asset portfolio. Are we being delusional? Or do we just “weather the storm” knowing in the long-term, it will work out well?
I pride myself on being objective, factual, calm, cool, and collected. All that good stuff ... Still I am human and I do have my moments of doubt. Maybe I was just looking for something positive to "grab hold of" and this offered itself up ...
What do you think? How are you feeling about the prospects for your future in the cryptosphere? I’d love to hear your perspective. All input is welcome!
Until "next time," all the best to you for a better tomorrow, as we all work together to build our Steem Community! 👍 😊
Respectfully,
Steemian @roleerob
Posted using SteemPeak and “immutably enshrined in the blockchain” on Sunday, 28 October 2018!
Source: Glowtext.com
Interested to read more of my HODLer "series"? Great! Here you go:
- HODLers of the World Unite!
- HODLer Alert! Chicago Board Options Exchange (CBOE) and Bitcoin
- HODLer Alert! Goldman Sachs announces Megabucks Investment into the Cryptosphere!!
Conversations have changed tone with people who knew I bought and then kept buying when the markets were high. Never at the peaks, but close enough that todays prices hurt.
They had been giving me a hard time for a while about how I fell for the pump and dump of the century and so forth. Now they are starting to ask more about the tech and why I'm still invested. This tells me that people are starting to take more interest or at least accepting that crypto isn't going anywhere. If the masses in the US start buying crypto the prices will skyrocket.
Yes, @pifc agreed ...
... this will ultimately happen, but when? To my mind, the average person is both unwilling to go through what we have and they are fearful, since the big name investment firms have been very dismissive of this asset class, to say the least.
That is what is beginning to change. Why? Because the pieces are being assembled to allow them to profit from this asset class.
Once in place, I think we'll see the marketing ramp up to suddenly tout this asset classes virtues vs. trashing it.
Then people will follow along. In much larger numbers than anything we've yet seen. That's where my hope lies anyway ...
Thanks for stopping by @pifc!
Posted using Partiko Android
The masses are asses is a common catch phrase for those in the investment world...I'm glad I'm out of that world. Anyways they are always late to the party. Happy to make 8% on their money instead of thinking like the bankers who come in LONG before them and make 800% (or more). They want safe little investments wrapped with a bow that are supposed to help them have a better retirement at 68 years old when their body is starting to fail them and they can't enjoy but a few years before they think a big day is 18 holes on the golf course with a cart.
Sorry, but that isn't something to look forward to IMO. I want to be ahead of the bankers and make the real money. Let the bankers come in and make Crypto easy to purchase for institutional investors who will buy it up and then start pumping like crazy getting the masses to follow.
Honestly once the masses enter this market I'm gone. That will be a sign that a massive correction is going to follow. The institutional investors will make a play to buy up cheap coins across the market and then pump everything up. Once the masses start buying they will sell off and the masses will be holding a ton of overpriced coins. Crash will happen, IMO a 75% correction or more based on how much they pump it. Then the institutional money will start flowing back in when the masses start jumping ship because their credit card bills are due and they freak out wanting to collect something instead of chancing it going to zero.
This has happened a few times in my lifetime with stock and bonds, no reason it won't happen in a extremely thinly traded market like crypto. If they can manipulate something like gold which market alone is bigger then all of crypto can you imagine how much they can mess with this market. The pump will be big, the dump will be bigger.
Interesting perspective @pifc. Definitely agree with much of what you say, particularly about the manipulation of the market by the so-called “smart money” … Most people fall victim to it, at one time or another. I certainly have been burned by it …
So, is my investment in this new asset class “the same ole story, different chapter?” Time will tell, but I believe this is very different.
Never have and never will be a part of the “golf-by-day, bridge-by-night” crowd, I would also like to be productively engaged. As long as I have my health and wits intact, at least. I’ve at least enjoyed my investment in this class than others of the past, simply because I probably understand it better.
We’ll see what happens. Hopefully together! 👍
I envy you already @roleerob
I wish to find out that there is blockchain community somewhere around me. Darn!
Anyway I dropped by to thank you for your constant support and great recent comments.
Just a quick note: I will be away for a couple of days (Im getting married very soon) and I only
I would really love to be able to keep in touch with you via email (Im not much into chating apps and Steemit doesnt have any messaging system).
My email: [email protected]
Perhaps you would like to reach out to me one day. I value your work here on Steemit a lot and I believe that people like us should stick together.
Yours
Piotr
Well @ crypto.piotr …
… hopefully it will come about in the not too distant future for you. There a lot of people on Steem from other countries. Perhaps you could consider trying to host a regional get together of some sort. I don’t know what that would take, but I’ve seen a number of references to these regional get togethers on Steem.
Wow! Congratulations!! Definitely the highest priority, so looking forward to hearing from you again, once you are back.
Yes, @crypto.piotr, I would like to keep in touch, for sure! On an earlier reply to you, I’d provided a little more for your reconsideration of Discord, where we could direct message … 😉
All the best to you, for a wonderful wedding and honeymoon!! 😊
I think i will stick to email @roleerob :)
Thanks for your kind wishes.
I am also seeing these things pop up in my area both in the regular community of residents as well as in the professional communities. It is a great indication of the interest in the technology and the potential adoption increase we continue to wait for.
Encouraged to hear you are seeing similar activity in your area @newageinv. Are they actual support groups like the one I got a notice about?
If so, have you participated and what are your thoughts on the experience?
One neglected aspect of these decentralized systems is there is no marketing, etc. Sort of falls into the "if it's meant to be, it's up to me" category ...
Thanks for stopping by!
Posted using Partiko Android
That's a nice one
Thank you @davideliyahu!
Hi @roleerob!
Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 3.591 which ranks you at #5853 across all Steem accounts.
Your rank has not changed in the last three days.
In our last Algorithmic Curation Round, consisting of 246 contributions, your post is ranked at #176.
Evaluation of your UA score:
Feel free to join our @steem-ua Discord server