The global economy is undergoing a significant shift with disruptive technologies like artificial intelligence, which has led to massive adoption and introduced a large number of people to the digital world. Previously, social media encouraged the use of mobile devices mainly for entertainment, but now this perception is evolving. Technology is beginning to integrate into broader sectors like the economy. For example, the idea of using digital money is no longer as unusual as it was a decade ago; today, it's a daily reality where mobile banking simply reflects figures in users' accounts.
This shift is bringing the majority of the population closer to the widespread adoption of cryptocurrencies as common currency.
#Binance_Pay , for example, allows asset transfers in a way very similar to traditional methods available for
#fiat currencies.
Moreover, in the context of the U.S. elections, candidates from one of the countries with the largest reserves (and greatest debt) see the mass adoption of
#cryptocurrencies like
#XRP , which, after its partial victory against the CEC, is recognized as a valuable asset for companies. Trump has openly expressed his support for the crypto sector, suggesting that, if he wins, he might implement policies to strengthen the adoption and regulation of cryptocurrencies.
Historically, after the mass adoption and regulation of stores of value, such as gold and oil, which were initially volatile, or fiat currencies before international regulations and standardizations, a period of long-term stabilization usually follows.
The world is changing, and we may be at the start of a period with less volatility but also more lateral development, with longer cycles. Perhaps the well-known bullrun will not repeat as in previous years, and the bullish and bearish cycles, as we know them, are reaching a period of greater stability.
Conclusion:
Given this scenario, I would recommend learning to adopt and prioritize medium- and long-term strategies over short-term ones. It is now common to see the crypto market moving sideways, which can be stressful for traders used to rapid movements.