An idyllic Swedish family of four going about their business or?
Follow me through this example; The family Andersson consists of Mom, Dad and two children and live in a midsized town of Sundsvall in Sweden. Its a typical Swedish family of 4. The parents aren't unemployed, having typical 08-16 jobs. Look at Mom and Dad Andersson going to work, day after day, getting a paycheck deposited in their bank account month after month. After paying all their bills, Mom and Dad Andersson will keep their money/assets in their bank account to save for a rainy day, just as they have been taught by their parents.
Money invested or in the bank?
So far so good. If you were an allmighty Deity, and you were to give Mom and Dad Andersson first hand valuable information that cryptocurrencies -or any other investment on this planet- would be exploding the next year, and you would issue a guarantee to that information, Mom and Dad Andersson would have two main possibilities. They would fully trust the Deity -being you, the reader- and take all their savings, investing all of it into cryptos. Or the family wouldn't trust you with that first hand information that this or that investment asset would explode to the upside. Nor would the family accept the guarantee that you had given holy and deerly that this is the absolute truth, thereby deciding to keep their hard earned cash in the bank.
My point being...
Social media, are brim full of information and spin. Back in the days, you could quickly filter out what was good info and less good info and crystalize that into a profit. And here is the thing: the longer any given asset has been out on the market and the higher the price goes with respect to time passed, be it cryptos like Diamond coins (DMD), Bitcoins (BTC) or any tangliable asset like oil, gold, stocks, you name it...the harder it gets to obtain first hand trustworthy verifiable information on where to be for your next killer trade on said asset. In other words, good info is hard to come by; investors therefore park their money in banks awaiting reliable information for their next trade.
Thus, cryptocurrencies profiling themselves as a storage of wealth, like Diamond coins will have an excellent healthy future ahead when crushing trades get harder and harder to come by.
Needless to say, I'm heavily invested in DMD coins so please do your research before drawing your own conclusions.
DrDMD
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