$1,000 invested into Cryptocurrencies five years ago, with the right strategies, could be easily worth over $150,000 at today’s price. And there’s no telling how much the value will appreciate five years from now, as the growth trajectory has not really slowed down.
###However, there are many obstacles to overcome before we reach the crystal clear waters of mass adoption.
– Corporate and financial institutions, are determined to secure as much of the profits as they can for themselves – Smelling blood in the waters of naive retail investors, killer whales are manipulating markets, sharks are shorting and longing trades etc. Fortunately at this stage they are prohibited from doing too much because of financial regulations, meaning the course is still open for the rest of us.
– Governments can not determine whether Cryptocurrencies are an asset, a security or a currency – Meaning they don’t know how to classify it or which regulatory department it falls under. At this stage this is to our benefit, as they hesitate and deliberate, we make further ground, but it could blow-up if they make terrible decisions destroying future innovation and progress.
– Everyone knows that Cryptocurrencies are more prone than any other investment to price fluctuations and extreme volatility – It’s both beneficial and detrimental, where many fortunes will be lost and made in a day. In time the turbulence will settle and our investments will become more stable and secure.
So strap in folks, it’s going to be a wild ride!
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