Stop Investing in Random Coins, and Do This Instead
Building wealth through crypto investing is becoming more challenging. And with countless coins available on centralized and decentralized exchanges, choosing the right ones is a nightmare for many.
About a decade ago, the crypto market was different and there were fewer coins. Back then, the total market cap for the cryptocurrency market was less than $20 billion.
So, with $1,000, you could buy more Bitcoin and Ethereum compared to their current prices. This shows the opportunity for exponential gains is diminishing.
Also, institutional interest in Bitcoin is making the market less volatile.
As more institutional players invest, prices rise, creating higher entry barriers for retail investors like you and me.
These institutional investors are what I call ‘necessary evils’ in the market. We need them to inject funds and create demand. Yet, their investments also stabilize prices, making Bitcoin less volatile and speculative. This stabilization reduces the chances for massive gains.
For instance, in the 2020–2021 bull market, Bitcoin skyrocketed from about $4,000 to over $68,000, delivering over 17x return. Meanwhile, the total…
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