I hope people can see whats happening with US based cryptos and Bitcoin

I hope people can see whats happening with US based cryptos and Bitcoin

Crypto investor since 2017, made good money, enough to quit my job in my mid 30s and travel and start a business and do other things I want with my life. Doesnt mean I know anything.

It is my belief that at some point, just like every other market, there will be a bust/selection period where 99% of projects become worthless. Of the remaining survivors, maybe 5-6 take up 80-85% of the market share, 5-6 take up 5-10% and the remaining hundreds or thousands of coins make up the last 5-10%

Example: Theres Verizon, Att, T mobile at the top, then theres tracfone and boost and mint mobile, then theres 100 that nobody knows anything about. There are 100s of brands of batteries but very few companies who actually make the batteries. Tons of tv companies, 5-6 that people know, dozens that we dont, 100s of other ones, and only a handful of huge manufacturers that make everyones tvs at the same place.

This is what will happen IMO because it always does, since forever.

And while I dont really care if youre a fan of the US or not, the US is the strongest economy in the world, and it is in the best position to harness this and benefit from it and control the direction of the space in the US and global narrative. Im not saying this is the best for crypto or the world, but I think it’s ignorant to outright say it wont matter.

With the US and other countries getting on board with a strategic reserve, its clear bitcoin is and will continue to be a winner for the foreseeable future.

I believe this is also why we have the Dino/US coins pumping as their leaders have recently all been meeting together with some of them like Hoskinson even getting involved directly with legislators, meeting with senators, getting in front of congress and talking about what is best for us. Founders have all recently met, are all ISO 2022 compliant, and are all going nuts. I think this is a winning recipe for this cycle and for the future and I just want people to be aware of it. These projects XLM XRP ADA HBAR ALGO are outperforming a lot of other coins and I believe this is why, despite people starting to call them all irrelevant before this happened.

I am saying this because this is my third cycle in the space and have wasted time and money looking for pumpy coins when if I had just kept my money where I had it 7 years ago in these Dino coins (in XRP and ADA anyways), id have been proven right in my early conviction of these projects. Look at the narrative, research it, and make an educated guess. Do not ignore these trends and its ok to take risks on meme coins with a little bit of your portfolio but make sure you are on the right side of history when it all shakes out, because it will at some point in the not so distant future.

Source: reddit.com/r/CryptoCurrency

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