I’ve thought a lot about that and even sat out of crypto during the massive bull run of btc 7k-15k because of it.
I think now though it’s different times. In 2013 the crypto market was wayyy more speculative than it even is now. Bitcoin or companies weren’t even close to any real world use.
While we’re still a bit of ways off from mainstream adoption and use of cryptocurrency, it’s far more in the public awareness than it was in 2013. Also, there are legitimate companies with real partnerships who have a viable use for their tokens. Big mainstream companies such as Starbucks are speaking publicly about the viability of cryptocurrency/blockchain technology.
Tether may or may not cause a bit of a crash, but I believe that if it does, it won’t take years to recover this time. Just protect yourself and don’t invest more than you can realistically afford to lose :)
One of the benefits of being a trader and not a holder is I usually stay liquid in cash :)
Yea you're definitely right about that. Yea my perceptions from back then impacted me getting in on the end of the fall/winter bull run.
I think a lot of places are currently talking about it because it's all over the news and it's the hype. I think once it dies down not as many people will care about mentioning it for the publicity. Unless they are creating their own blockchain and currency, I don't see any integrations with other stuff.....no benefits currently.
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