This Is The Future Of Crypto In 1 Chart

If you believe in the future of a market or a sector or a particular stock or instrument, when the price falls heavily you should be happy, but when it rises a lot you should start to feel a bit sad. This is of course the opposite way around from how most people feel. Investors are usually joyous when the price explodes upwards, not when it collapses.

Perhaps you have to be a bit odd to be excited to buy at the bottom and happy to sell at the top because while it is a great way to make profits, it’s exactly the opposite way around for how the market moves. People have to be most keen to sell at the bottom and most keen to buy at the top or else the market wouldn’t be in those states in the first place. The top is when everyone has bought and collectively are cheering a stock or crypto. Sadly for them, everyone has bought who can and the only way is down. The inverse is true at the bottom, where no one wants to buy a stock or crypto even though it is extremely cheap in comparison to its valuation even days in the past.

Of course things that crash can go broke and cease to exist and buying those “opportunities” will not make you rich, and stocks and cryptos that moon and then moon again and again can leave you with a nice profit but short of the big win because you got out too early. However, if you can buy low and sell not low, you will do very nicely, so finding a low is one of the key tricks. It is no mean feat, but my favorite way is to never be in a hurry to buy a bottom. Whatever created a crater for a stock, let that pass. Better late to the recovery than to try and guess the very bottom or try and pre-empt a low. Here is a simple map:

Occasionally a market won’t make “the W” but it generally will.

However, that is not the chart you need to see, it is this one:

Crypto is in the same spot as AmazonAMZN
was in the dotcom boom/crash. A lot of the big names in the period simply went out of business. Just like so many tokens have mooned and collapsed and now big names in the institutional side like Celsius have flowered and died, the dotcom had a huge parade of “hero to zero” stories. This is where we are with crypto right now and it probably isn’t over yet. The key to the future of crypto is winnowing the players down to who is going to be the Amazon or AppleAAPL
of crypto, or for that matter the Google or Facebook that came later.

It’s hard to guess right now because we have not got to the other side of this crash and we won’t until the crypto marketplace loses its volatility. Only then will the coast be clear and the process of spotting the long-term giants will be the game to play.

Survivors who have withstood the crucible of this crash will likely be the titans of the next decades and it will be a long and amazingly profitable ride if you can put your finger on the definitive winners of this new breakthrough financial category.

The time to accumulate will be here soon enough and happily there will be no intense rush to jump on the rocket before it takes off.