Crypto market
Hi everyone, hope everyone had a great week.
They also know that the cryptocurrency market is continuously moving and not resting at all. Loads of news, project updates, and new knowledge that you need to update regularly to keep up with the market.
To be honest, I have cut my exposure to cryptocurrencies severely over the past week and spent that time thinking more about some of my personal investment arguments when participating in the money market. And in this week’s article I will share one of the most important points of my investment thesis with everyone (personally).
My main investment thesis: Demographics and changing ideas about property.
*** Because of the limitation of the article, I will only say a few main thoughts here.
According to many recent studies and surveys, half of millennials feel comfortable investing in cryptocurrencies (Bitcoin and top altcoins).
To understand why this trend is getting stronger every day, we should look at the reality modern life brings to our generation. The first, and easiest to see, is that we grew up amid the greatest wealth transfers from the middle class to the rich, while the poor remained poor – and all of them are debt-financed and employee-subsidized.
The best example of this is yourself. Why are you in the crypto market? for the love, joy or the big gain that it brings to change your life? – The answer ist quite easy.
What follows is that the ongoing Covid-19 pandemic naturally led younger groups of people to enter the crypto market, creating a broader trend of shifts in the group’s perception of assets. DEFI, NFTs, MEME-Coins are the most used of the previous big trend, currently GAMEFI, Metaverse are the highlights that nobody can ignore.
These are the stories that inspired us about the wealth that came from the young people who got involved with crypto early on, and most of these stories have more or less influence on us.
And when it comes to causes of changes in the way we look at assets, Bitcoin is doing a big part of the push. Most of us live in an internet environment today, it’s everywhere, it has it all, and it keeps the world moving when the pandemic strikes. Bitcoin was the first major innovation that forged the community we are in today.
At the beginning of the story, that’s probably a stupid, terrible idea. Instead of buying a home, buy bitcoin. And now that history is getting clearer and clearer when it comes to this stupid idea, you’ve gradually changed your mind about holding assets, haven’t you?
Our generation must choose:
Rely on a stable, mathematically proven, immutable process that no one can control or manipulate, and that always gives you the results you want. Or…
Trust in a financial system is old and has always failed us.
Which one do you choose
Notable events for everyone next week:
11/22 – 11/28: Asia Crypto Week 2021 is a week of independently organized developer and educational events designed to drive mass adoption by providing industry first intelligence. Blockchain enthusiasts and industry veterans will come to Hong Kong to share their knowledge and stories during Asia Crypto Week and for exceptional insights into the burgeoning ecosystem.
11/22 – 23.11 .: Encrypted Verse Dubai 2021, after a series of successful events in different regions of the world, Incrypted is ready to host their next exclusive matching event – Incrypted Verse in Dubai.
11/23 – November 24th: TechEx Europe is an international conference and exhibition series that presents the latest technological innovations for companies. With practical use cases and detailed industry insights, the series explores the ecosystems of AI, big data, blockchain, cybersecurity, 5G, IoT and edge computing.
11/24 – 11/27: CoinFestUK 2021 is a free event and its aim is to bring the crypto community around the world together, involve them and share knowledge and experiences in a relaxed atmosphere.
11/27 – 11/27: The conference.NFT Kiev is an online event that brings together renowned NFT developers, artists and collectors to walk you through the most frequently asked questions as you enter the NFT marketplace.
Below is some notable news from the projects:
That is the important information for the coming week. I hope the information I provide in this article helps everyone.
Hello everyone and have a nice weekend.
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► synthetic
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