Bitcoin and Crypto, this new asset class is here to stay. This downturn that we’re experiencing in May 2022, will shake out the over leveraged individuals who don’t understand strong business principles and invest in Ponzi schemes that aren’t based on solid fundamentals. These people are just gambling. If you invest, you need to put in 100’s of hours studying your asset.
Then, when you purchase it, you feel very confident in it, and won’t want or need to sell. Crypto, built on peer review, calculated growth, and hard science, is a winner in my books. Scarcity is what makes it more valuable and accrues appreciation over time, this is the case for Bitcoin!!
This also is true for Real Estate, you need to look at your asset and ask yourself, why did I purchase this piece of real estate and what is my return on investment.
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