Useless Bitcoin? 💥
When will the time come? When will BTC be too expensive, too slow and inflexible... too lacklustre?
Continuation (check out my previous feed first please)
I think that the development of crypto cannot be compared to previous innovations (cars, mobile phones, computers, WWW...). The change will come unexpectedly and with full force. People who jump on the already outdated train now, whether convinced by friends and family or not sufficiently informed, will either ride to the end of the track or get off very late and with many scratches. Experienced traders will not watch the unbelievable drama with wide-eyed amazement - we will celebrate the new kings and the course of economic life in order to continue to accompany, fancy hard and profit from exciting projects.
As the institutional players have now invested a lot of sweat and risk, I expect them to use this and the next uptrend to build up hype (including their favourite hobby - dumb money) and profits, and then suddenly let the blood flow, close shop a la flying traders and squeeze out other coins.
What do you think? Feel free to comment and have your say. Until then, I wish EVERYONE a lucky hand and the necessary vigilance to make the right moves in time 👍
Your T4P - T(rade)4(for)P(rofit)
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Personal opinion. Not financial advice. DYOR