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DDIntel - Your Last Chance with Crypto?

DDIntel - Your Last Chance with Crypto?
By DataDrivenInvestor • Issue #53 • View online

After a rough patch, the cryptocurrency market finally stabilized in the last month. This fall was influenced by a variety of factors. The chip shortage crisis came first, followed by the energy crisis and the war in Ukraine, and the cherry on top was Russia’s crypto ban. All of these macroeconomic events conspired to send all crypto coins and tokens back in time by two years.
Nonetheless, most cryptocurrencies have seen consistent global adoption. The countries that have embraced cryptocurrency the most are those that have been hit the hardest by inflation - the poorer countries. Bitcoin and other stablecoins and tokens have become a safe haven for inflationary economies, paving the way for financial security in an uncertain world. This clearly demonstrates that the cryptocurrency market is more than a Ponzi scheme or scam. It’s rather a way to help and empower individuals by giving them access to safe storage for money, or a way to escape the huge bank transaction fees in poor, bank-controlled countries. The crypto revolution is just starting.
In this week’s DDIntel, we are covering the crypto market and why you should invest in it. We have articles that describe anything from how crypto is helping people around the world to why you should buy into coins like Bitcoin and Ethereum. Crypto has been beaten down hard lately, but they are certainly not going away anytime soon. Find out all about it in our selected articles for this week!
Spotlight: Higher Prices, But Not Today
You Will Buy Crypto at Higher Prices, But Not Today | by Mark Helfman | Oct, 2022 | DataDrivenInvestor
Crypto prices are certainly following the trend of technology stocks right now, getting lower and lower. People are insecure about placing their money anywhere since they are afraid of their stocks or cryptos hitting new bottoms. But with this great “depression” of cryptocurrencies also comes a great opportunity to buy for the future.
Bad crypto investors usually wait until there is a spike or multiple spikes in a crypto coin before they actually start investing in it. To their amazement, when they decide to add money during that spike, the price starts falling down like it was hit by a truck. 
Behavior economists know all about this, as most rookie investors (and sometimes even expert investors) fall into the FOMO trap.  This happens because they are allowing their feelings to take over instead of their smarts. The monkey brain is always more powerful than we think indeed.
However, for seasoned investors who know about the technology and inner workings of the crypto they invest in, the current market fall is a godsend to position for big profits. They believe in the crypto market and they are willing to bet on what they believe, by investing more, even when everyone else is getting out.
The author, Mark Helfman, who wrote 3 books and is a top crypto writer, will let you know with a lot of sarcasm and plain language, why you are missing out on a great opportunity by not investing in crypto right now. This week’s spotlight article is all about why you should buy into crypto at the great discount prices that we are experiencing right now.
Crypto Global Adoption
Don't Worry. Bitcoin & Crypto May Be Down, But Global Adoption Is Still High | DataDrivenInvestor
Due to the energy and chip crisis, the crypto markets have plummeted. However, more people are buying into the crypto market, from everywhere around the world. Most of the countries that are adopting cryptos are in the low and middle-income range. They are doing this so that they can guard their wealth against the hyperinflation that is ravaging underdeveloped countries. You would be surprised to know that even in the US, crypto adoption is rising. This should at least make you think a bit about whether or not crypto has a future.
Brutal Truths about Bitcoin
Overwhelming Brutal Truths Bitcoin Holders Must Accept | by Jayden Levitt | Oct, 2022 | DataDrivenInvestor
Bitcoin has been often scrutinized because it uses up a lot of energy to operate. This is what is impregnated in everyone’s mind right now, that Bitcoin is bad for the environment. More so, this bad reputation has been further transferred even to other cryptos like Ethereum, which uses a ridiculously lesser amount of energy when compared to Bitcoin. There are also talks about the actual utility of Bitcoin since many people including finance professionals believe that it is only a Ponzi scheme. However, while Bitcoin may be energy intensive, most of the energy used is renewable. And about Bitcoin and other crypto being a scam - that is far from reality. This article will give you another perspective on Bitcoin for sure.
ETH supply just turned deflationary
ETH supply just turned deflationary… All because of this!? | by Henrique Centieiro | Oct, 2022 | DataDrivenInvestor
Ethereum has risen in fame in the past few years, with many people considering it the #2 crypto after Bitcoin. Others believe it will be much greater than Bitcoin due to lower fees and lower power consumption. In the past few days, ETH has turned deflationary, as a new crypto coin was generated based on it. This spiked the price and proved that, with more projects and new crypto being created based on it, the future looks bullish for Ethereum. Read more about that new coin and about ETH in this article written by Henrique Centieiro.
Bitcoin’s Role in a New Macroeconomic Era
Does Bitcoin have a role in a New Macroeconomic Era? | by Patrick Tan | Oct, 2022 | DataDrivenInvestor
There is no shortage of people giving advice about what to invest in today. However, few of them also try to teach you why something will happen and how it will happen. This article starts with a bit of history about previous economic depressions and then takes a look at the global situation we are currently in. Partick Tan, the CEO of a digital asset company, teaches you valuable lessons about the world economy and how the new macroeconomic era will highly impact Bitcoin in a positive way. 
Top 5 Reasons Why Bitcoin Will Last
Top 5 Reasons Why Bitcoin Will Last | by Marcel Boer | Oct, 2022 | DataDrivenInvestor
Bitcoin has been around for more than a decade, and it’s starting to take hold as a currency in most countries. The fact that it has a limited supply of 21 million units, out of which around 19 million have already been mined, means that Bitcoin is deflationary. In turn, this means that it will only rise in value, as time passes and Bitcoin may even surpass gold as an investment in the near future as a safe investment. In this article, you will find 5 reasons why Bitcoin will remain the king of cryptos for a long time, and why you should invest in it.
Why this Crypto Bottom is the Best
Why this crypto bottom is the best time to buy | DataDrivenInvestor
The macroeconomic conditions of today have clearly left their mark on the whole crypto market. With a recession looming over the world’s head and an energy and chips crisis, the crypto market is being held down with a foot over its neck. That foot could very well be Putin’s, since he took an aggressive stance even among crypto coin holders in Russia, greatly affecting the markets. There is, however, a glimmer of hope in this, since all cryptos are running at a discount right now, and may be discounted even further in the near future. What the bottom will be and why you should buy is covered in this short article.
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