Buckle up, folks. If you’re not already deep in the crypto game, you’re missing out on what could be the investment opportunity of a lifetime. But as our resident crypto guru Eric Wade explains, the path to those 5X, 10X, even 20X returns is riddled with obstacles and complications that keep many would-be investors on the sidelines.
In his latest piece, “Complicated Technologies Are the Innovations You Want to Get Behind”, Eric dives into why navigating the complex world of crypto is not just worth it, but absolutely essential if you want a shot at truly lifechanging gains.
First, kiss those monster multiples goodbye. The barriers to entry are precisely what allow savvy investors to get in early and ride the rocket to the moon. Second, the decentralized nature of crypto is what empowers you to take control of your assets in self-custody wallets, rather than leaving them in the hands of the powers that be.
Eric draws a brilliant comparison to the early days of railroads and telegraphs. Sure, they seemed unnecessarily complex and impractical at first. But those who pushed through the initial friction were the ones who reaped the massive rewards as these innovations transformed the world.
“Complicated” is a feature, not a bug in cryptos. Remember, if this wasn’t a complicated process and all of these assets were available in the same place, two things would happen…
Eric Wade
So where do you start? Eric’s advice is simple: start small, and start now.
Buy $100 worth of bitcoin, figure out where you’re going to take it, and see how far you want to go.
Eric Wade
Dip your toes in, get comfortable with the processes and platforms, and gradually expand your positions as your knowledge grows. Most importantly, educate yourself on the custody spectrum and determine where you fall based on your personal risk tolerance and technical savvy.
Make no mistake – this is not a path for the faint of heart. But for those with the guts and the grit to push through the complications, the potential rewards are truly astronomical.
As Eric puts it:
Trust me, it will have been worth the extra work in the end.
Eric Wade
So what are you waiting for? The next great crypto bull run could be right around the corner, and you don’t want to be left watching from the sidelines. Roll up your sleeves, push through the friction, and stake your claim in the financial revolution of our time.
Click here to access Eric’s latest research and recommendations, and join the ranks of the crypto elite. Your future self will thank you.
To the moon,
The Market Monitor