In every walk of life, you’ll get an opinion, often a neutral insight though facts are scarce, those involved pushing for acceptance, and those against tormented by the unknown. Cryptocurrency’s wow factor is an extremely impressive quality that could provide the next billionaires in real wealth.
Currently in the later part of 2021 we are seeing an upward trend formed by a hungry demand known as a bull market, or bull run which is defined as a period of time where many investors are buying, demand outweighs supply, market confidence is at a high, and prices are rising. It is a win-win situation for those who bought in June or July.
My London website agency in the late 2000s was offered Bitcoins, and if I recollect correctly for a measly £1 each – I was skeptically amused. At the current value of 323.925,29 BRL (US$57,198) it is clear that if I were to sell today my net worth per Bitcoin would be valuably attractive, considering I was momentarily debating over throwing in £100 on the off-chance (just in case) the investment paid-off.
With that kind of information something essential about polarized (opposed) attitudes to crypto: it’s driven to a large extent by vexed (problematic) will-to-obliviousness on one side and self-dealing, book-talking, investment-pumping, hand-waving performative optimism on the other.
One of my English students has made an investment chunk of his savings into cryptocurrency during this year and is presently riding the wave of growth. However, there are no guarantees, and like stock market investing there are winners and losers.
Whether or not you decide to invest in any one of the emerging cryptos, tread carefully, don’t overinvest, and be prepared to lose, or hopefully become one of the next billionaires!
Written by Carl Boniface