This is a crypto crash game you need to see:
There are many more but, in all crashes, it is the majors and survivors that present the best long-term future, and the majors are easier to spot than the plucky underdogs.
As if this were not enough profit potential, there are NFTs. These are unique tokens that can represent digital objects – or even physical ones – and allow for the securitization of “stuff” on the blockchain. As the final insane ‘pop’ of this crypto cycle they too will go on a bullish rampage once or twice before the next bitcoin bubble sets off.
Then there is the Rumsfeldian “unknown unknowns” – the next big thing in crypto. There will be one, you can be sure of that, it’s only a matter of spotting it early. As DeFi broke cover, its tokens – almost worthless – rose to multibillion-dollar valuations and emerged from obscurity to become mainstream headline news. This cycle of invention is not over, it has barely started.
Once the trader, investor, institution, regulatory, media FOMO has died off, that will be the time to set off long and once again there will be fortunes to be made getting in near the bottom and out near the top.
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