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Going through my twitter feed, it feels like these news of all sort of rappers and celebrities/politicians accepting Bitcoin as payment are becoming numb. It's like... OK, lets move on. Many of us in the crypto world were already expecting that for years.
What's even more interesting is that well established news outlets such as Yahoo and some other one I forgot its name, are already pointing towards Bitcoin as a hedge against inflation, according to some recent reports. I thought it was right poison, till like a few years ago, now it's a hedge against inflation...?!
For the ones that are deep dives in this industry, such assets that are more becoming like countries, as some smart dude on Leofinance named them a few days ago, are establishing themselves in our heavily challenged society.
I have been visiting my mechanic lately, having an old car requires that once in a while, and he knew for some years that I've been making a living out of tourism in here and that I had a fructuous collaboration with a friend of mine who has a company working in this industry, but things have changed.
99% of my income comes from crypto and that's what I told him while he was changing an engine part, that we shouldn't have actually changed...
He wants a piece of the pie though and called me this evening to ask me if I can guide him to buy some crypto assets and being a "big crypto soul" I couldn't say no, thus tomorrow I will have to educate him a bit on this one and help the man buy his first crypto assets. I honestly don't know what to recommend him, probably DOGE or SHIB :D.
Globalization is eating our dear planet at quite a pace, luckily my tiny "always developing country" is far behind the giants of the world and my hopes are it will stay as such for long time ahead. As much as I love tech, I also do love "hand made" stuff and getting in touch with people as often as I can.
Two reports got my attention in this regard today, self driving truck startup Kodiak-robotics raises 125 million dollars and something about a digital restaurant that's getting a lot of traction with its business, mostly pushed lately by the pandemic. Again, I love technology, but I love seeing people active as well.
As much as I am active on the internet on a daily basis, I do put my legs to work in the real world as well, I don't believe in too much digitization and autonomous stuff. What are the waiters and the truck drivers gonna do in the next decades to come? Dead from covid and/or vaccines? Hopefully not... UBI is not a solution either and I have already dedicated a couple of posts on this topic, thus I won't bother to make another one.
Chances are that you won't need a diploma to make a living in the quite near future. You could invest/trade crypto, play blockchain games, be part of web 3 social medias, code, etc etc... But, what are the waiters and truck drivers gonna do? I don't know, maybe kill a bunch of crooked politicians that have ruined their lives...
Just kidding. The idea is that we've come to a no turning point and the world is changing in front of our eyes at such a pace...
When should I sell?
That's question that I get quite often when introducing fresh new meat to the crypto world and my answer is: *wait for your coins to go 10x, fall back to your entry point, and than wait a little bit more and sell at a loss, right before the bottom. On a serious note though, we have a lot of uncertainty around us, but somehow the path seems clear...
We just don't know... Nobody knows how high Bitcoin will go this year or the next one and if we can still have 100Xs left on any coin out there, but we're here and that's great. Not all of us are that lucky. Appreciate what you have and dream big.
Thanks for attention,
Initially Posted Using LeoFinance Beta
