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4 Reasons Drip May Be the Best Investment and 4 Reasons It May Be the Worst
The bear market has taken a decisively downward move in the past 60 days. So does investing in Drip make sense today?
“Raise as much cash as possible.”
“Crypto is the buy of a lifetime at these prices.”
“Veteran trader says Bitcoin $10,000 retest imminent.”
“Market expert sees Bitcoin at $100,000 by the end of 2022.”
“Crypto market may take years to recover.”
“Buy Bitcoin now when it is below its realized value.”
Uncertainty-Prices, inflation, war, loss of wealth, risk management, historical data, trends, mixed messaging, politics, failing funds, and failing platforms have put us in this zone where we are figuratively heading into a foggy highway.
The price of most cryptos is based upon speculative valuation. Some projects have organic demand and use cases, but the vast majority are ideas with a whitepaper, token, and roadmap. Many are carbon copies of other projects trying to recreate the success of that project. And even the crypto assets with a use case, utility, or fee structure are hard to value because there are no standard valuation models. And who’s to say…