We see a lot of people getting emotionally destroyed by the recent pullback in the cryptomarket. This is crazy to me. We know how markets work (or at least should) while also being involved in something that is enormous. In short, we are dealing with the opportunity of a lifetime. And yet people want to get upset and complain about it.
In this video I discuss how the cryptomarket will be higher in the future. That is a guarantee. I break down what is taking place to clearly show how big this is going to get. By the end of this video you should realize how insignificant the pullback, any pullback, is within the crypto-sphere. Truly understanding what the Age of Abundance means is vital. It is time to truly internalize that.
▶️ 3Speak
Ha aint that the truth.
I would rather say "financially" instead of "emotionally".
But the selfish, greedy people deserve it.
Actually people are pretty well behaved compared to a few years ago. They're all fealty tough now. Stinky Stonks are 5oo boring and people are addicted to the upside and downs
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I have always thought long-term in cryptocurrencies. The pullback which happening nowadays has not worried me. I believe this is just a profit sale.
I can't imagine us going back to Web 1.0 after going so far. But I do know we won't be keeping the current system. Anything that doesn't change will probably drop quite a bit and its quite evident since the top 10 stocks a decade ago isn't the same ones now.
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Imagine if you could just show someone the future guesstimate price over next 3 years and after 3 to 5 years YES YOU XAN GARUNTEE prices will go up
And if there's a solar flaire then there's no way to sue us anyway for giving bad financial advice lol
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It's wild! I understand the emotional impact of it I believe we all feel it in some way. For those of us who have been around for long enough understand that acting on these emotions can be extremely damaging to ones financial portfolio.
It's hard not to feel any emotion when you have worked hard for/ invested a lot of Hive into Leo and now the price is at $0,25. We are humans after all.
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I took the opportunity to buy in and figure out DeFi. I spent the last few nights researching into it and holy crap and I excited about it. Don't let the markets get anyone down just take the opportunity to really figure out where it is going next, both on a technological as well as a financial level. Web3/DeFi/dApps are going to change things like crazy.
Social blockchains are gonna rock more and more.
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Hey man! Do you get all this information from strictly reading or are there podcasts you listen to along the way? I’d like to find some good source material to listen to at work.
Today the Altcoins have given a bigger jerk again. Yes it will definitely move up, we just need to be patient and not panic. Good abundant days are just around the corner.
When you really think about it, crypto is great even in terms of everyday use. If we created a blockchain with stablecoin as the token like USDC or BUSD and transfers were free like here on Hive we could create a super blockchain for international payments. And payments in other currencies would be done on AMM or Liquidity Pools.
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Good talk,
It is tough love for tough times.
Unfortunately you can't have crypto without the cry, but that which doesn't kill is suppose to make you stronger, as long as it doesn't maim you.
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FOMO is a very important term in the crypto space and means the Fear of Missing something . This feeling arises when a cryptocurrency grows significantly in its value in a relatively short time. This can be described as feeling anxious about other people getting rich while you're missing out on something
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Summary:
In this video, the speaker discusses his strong confidence in the future of cryptocurrencies, focusing on the growth potential of the industry rather than current price fluctuations. He highlights the exponential growth of cryptocurrency users globally and draws parallels between the impact of the internet and the potential impact of cryptocurrencies. The speaker emphasizes the concept of the "Age of Abundance" brought on by the internet and predicts a significant expansion in the cryptocurrency space due to factors like increasing user base, technological advancements, and the development of applications and platforms. He reinforces the idea that the future of cryptocurrency is inevitable and driven by continuous development and adoption, ultimately leading towards the metaverse and Web 3.0.
Detailed Article:
The speaker kicks off by shedding light on the current state of the cryptocurrency market, emphasizing the mounting global participation in cryptocurrencies, which amounts to around 120 million users. This figure is positioned in the context of a world population nearing 8 billion, indicating substantial room for growth and expansion within the cryptocurrency space. Drawing on the analyses of notable figures like Raoul Pal, he projects an annual growth rate of around 113% for the cryptocurrency industry. This growth trajectory is likened to the evolution of the internet, with expectations of even more accelerated development fueled by increased users, wider accessibility, and enhanced functionalities.
Throughout the video, the speaker underscores the shift from a focus on current price movements to a broader view of the potential of cryptocurrencies. He cites examples from other technological advancements like the internet, smartphones, and the accessibility of information, underscoring how these innovations have fundamentally altered societal behaviors and norms. The comparison between past limitations on activities like shopping or photography and the current boundless possibilities offered by digital technologies is used to illustrate the concept of abundance facilitated by the internet and, by extension, cryptocurrencies.
Furthermore, the speaker delves into the transformative power of cryptocurrencies as programmable money, unlocking new realms of innovation and financial interactions. He elucidates on the concept of exponential growth in the cryptocurrency industry, citing the increasing number of users, wallets, nodes, applications, and tokens as indicators of this continuous expansion. The speaker is optimistic about the future of cryptocurrencies, reiterating the inevitability of growth and development as long as technological progress continues.
Moreover, a strong emphasis is placed on the interconnected nature of technologies and the network effect, drawing parallels with established tech giants like Facebook, Apple, and Google. The speaker stresses that the rising tide of cryptocurrency is not solely dependent on the success of individual projects but rather on the collective growth and advancements within the entire industry. The video concludes with a forward-looking perspective, envisioning a future where cryptocurrency plays a pivotal role in shaping the metaverse and ushering in the era of Web 3.0, underlining the unstoppable progression of technology and its profound implications for society.
In summary, the speaker's discourse focuses on the transformative potential of cryptocurrencies, highlighting their role in driving innovation, reshaping financial landscapes, and paving the way for a future intertwined with digital advancements like the metaverse. The video serves as a compelling argument for a long-term bullish outlook on cryptocurrencies, advocating for a shift in mindset from short-term price concerns to a broader appreciation of the industry's transformative capabilities.