Does this make you nostalgic?<\/p>\n
Source: Digital\u00a0Trends<\/em><\/p>\n Hearing the screeching sound of the old dial-up struggling to connect to the internet.<\/p>\n Remember those days? Fighting with siblings for a turn on the one family computer.<\/p>\n Slow websites. Frozen pages. Dropped connections. The early days of the internet were\u00a0rough.<\/p>\n But if you had the foresight to invest in AOL during those days, you could\u2019ve made good money. AOL went from a few bucks a share in 1997 to nearly $100\/share (split-adjusted) by 2000, before merging with Time Warner and dropping during the dot-com\u00a0bubble.<\/p>\n Source: Seeking\u00a0Alpha<\/em><\/p>\n Of course, that\u2019s not the only\u00a0example.<\/p>\n Investors who backed new types of companies like Amazon (AMZN)<\/strong>, Google (GOOG)<\/strong>, and Cisco Systems (CSCO)<\/strong> when the web was in its infancy made life-changing money.<\/p>\n The lesson: It paid to make smart bets on the internet when it was still\u00a0messy.<\/strong><\/p>\n Crypto is a lot like the early days of the internet<\/strong>.<\/p>\n Not user friendly. Messy. Takes effort to navigate.<\/p>\n According to Chief Analyst Stephen McBride<\/a>, that\u2019s our opportunity.<\/p>\n Crypto\u2019s come a long way in the last few\u00a0years.<\/p>\n There are now 562 million crypto holders worldwide\u200a\u2014\u200aa number that grew 33% in\u00a02024.<\/p>\n But there\u2019s still a long way to go.\u00a0Stephen:<\/p>\n Today, the crypto user experience sucks.There\u2019s no way a billion people will use crypto in its current form. And that\u2019s our opportunity.Just like the internet, crypto will become much easier to use. This is going to attract hundreds of millions of new users, fueling years of rapid growth for crypto businesses.By investing now, you can set yourself up to profit from this growth. The vast majority of investors won\u2019t put the effort in. That\u2019s why they\u2019ll only ever read about the big money crypto investors can\u00a0make.<\/p>\n The frustrating user experience means we\u2019re still very early to\u00a0crypto.<\/p>\n Relative to real estate, the S&P 500, and gold\u2026 crypto is barely a\u00a0blip:<\/p>\n In fact, Microsoft (MSFT)<\/strong>\u200a\u2014\u200aone company\u200a\u2014\u200ais larger than the entire crypto market. So is Nvidia (NVDA)<\/strong><\/a>. And Apple (AAPL)<\/strong><\/a> <\/strong>isn\u2019t far\u00a0behind.<\/p>\n So crypto is new(ish), small, and rapidly improving.<\/p>\n That makes it a great source of potentially asymmetric returns.<\/p>\n In investing, \u201casymmetric\u201d means the potential upside of an investment is much greater than the potential downside.<\/p>\n Symmetric investing is when an investor risks $500 for a chance to make $500. Or $10,000 for a chance to make\u00a0$10,000.<\/p>\n Asymmetric investing is risking $500 for the chance to make\u00a0$10,000.<\/p>\n Of course, booking 1,000%+ gains is easier said than done, and it requires taking greater\u00a0risk.<\/p>\n That\u2019s why asymmetric investments should be no more than a small part of your overall portfolio. Stephen recommends putting only 1%\u20132% into crypto,\u00a0max.<\/p>\n Depends on the time\u00a0frame.<\/p>\n Bitcoin trades for about $109,000 right now. Stephen expects it to hit at least $200,000 in the next 12 months<\/a>. That\u2019s about double. Symmetric.<\/p>\n Given time, could bitcoin reach $1 million? If its adoption curve continues, absolutely. But it\u2019s highly unlikely to shoot up 10X or more quickly, as small cryptos often\u00a0do.<\/p>\n Stephen says the #1 asymmetric opportunity today is in the smaller, lesser-known cryptos.<\/a><\/p>\n He wrote about 3 such cryptos in this\u00a0report<\/a>.<\/p>\n The crypto market is still so small and so new, there\u2019s room for exponential growth.<\/p>\n \u2014 RiskHedge Research<\/em><\/p>\n What the Dot-com era can tell us about crypto today<\/a> was originally published in Coinmonks<\/a> on Medium, where people are continuing the conversation by highlighting and responding to this story.<\/p>","protected":false},"excerpt":{"rendered":" What\u2019s that screeching sound? Does this make you nostalgic? Source: Digital\u00a0Trends Hearing the screeching sound of the old dial-up struggling to connect to the internet. Remember those days? Fighting with siblings for a turn on the one family computer. Slow websites. Frozen pages. Dropped connections. The early days of the internet were\u00a0rough. But if you […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-79102","post","type-post","status-publish","format-standard","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/79102"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=79102"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/79102\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=79102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=79102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=79102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\u201cAll groundbreaking new technologies suck at the beginning.\u201d<\/em><\/strong><\/h3>\n
And keep in mind\u2026 crypto is still\u00a0tiny<\/em>.<\/strong><\/h3>\n
Is bitcoin (BTC) still an asymmetric opportunity?<\/strong><\/h3>\n