Crypto Enthusiasts Living Outside Of & Unaffected By Speculation

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7 Jul 2024

Volatility Is Life
Any financial market flourishes as a result of volatility. Remove the element of volatility from a market and you remove its lifeblood. Volatility to a market is like a pulse to a human being, and even though it can be somewhat concerning at times, it’s imperative. Volatility prepares and enables markets for continuation. The pullbacks are rest periods, as profit-taking and other events play out in the market.
For traders, this is an absolute blessing. However, for others, it’s often seen as a threat. Market volatility can be beneficial for most market participants. However, in many cases, individuals lack the creativity and vision to make the most of these occasions. This dynamic can often leave investors discouraged and disappointed. However, it’s an invitation to explore alternative elements within the Crypto space.
Ironically, Crypto is synonymous with speculation. However, there is much more to Crypto that exists outside of speculation. A volatile market will always have an impact on any earnings being generated within its walls. However, much of these earnings are unaffected by volatility, especially if harvesting is a regular practice and discipline. This is where Crypto investors become Crypto enthusiasts.
New Economic Ideas
It always amazes me how short-term corrections and even full-blown bear markets can deter investors from the obvious and inevitable end of mass adoption. Not only mass adoption but also new economic ideas and constructs. Tokens with sound tokenomics, and even monetary policies, are far superior to anything currently in existence. The current system is unable to sustain itself much longer.
Look at Americans unable to qualify for a $1200 mortgage but then expected to pay over $2000 for rent. This is still acceptable when compared to many other countries around the world. Buffeted by inflation and stagnant earnings, global citizens have to adapt. Yes, some are still relatively unaffected. However, over time, many of these individuals will fall into the abovementioned camp.
Crypto investors who are convinced of its future relevance and necessity are beginning to move beyond the aspect of speculation. Staking, DeFi, and countless other models are attracting individuals looking to hold and generate Crypto with the future in mind. I have always said…

A salaried person should be putting away at least 5% of their monthly earnings into Crypto and Crypto relative passive earning ideas.

Someone earning a living in the Crypto realm is often forced to sell assets at incredibly low valuations. A salaried individual is not under any duress to do likewise. What a perfect opportunity and yet so many have been sleeping on this idea for years. This is a simple form of wisdom and yet so powerful when practiced over the long term. We must consider that WEB3 is very much a part of the future.
Tokenization, SocialFi, and countless other expressions of this technology are future gold mines. However, as always, it’s going to be the dedicated and disciplined who benefit from this shift. In a decade, we will have the majority of society once again referring to a minority as “lucky”. We saw this regarding Crypto OGs and will be seen again regarding WEB3 and tokenization.

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Final Thoughts
Positioning oneself for the future and choosing to lay aside short-term expectations is at the heart of this idea. Furthermore, the current market is providing an excellent opportunity. This was a classic “buy the dip” opportunity. Consistently play by the rules and you will be rewarded in time. It’s not rocket science. All the best, see you next time!

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Disclaimer
First of all, I am not a financial advisor. All information provided on this website is strictly my own opinion and not financial advice. I do make use of affiliate links. Purchasing or interacting with any third-party company could result in me receiving a commission. In some instances, utilizing an affiliate link can also result in a bonus or discount.
This article was first published on Sapphire Crypto.