What will a mature cryptocurrency market look like?
It is clear to the most notorious skeptics that the crypto market is with us seriously and will remain for a long time. Even a complete ban on cryptocurrencies in China could not significantly hinder its growth. However, conservative investors still view cryptocurrencies with great caution. But even this audience is actively involved in trading through traditional instruments on exchanges: bitcoin futures and ETFs, for example. What does the crypto market need to make it finally cease to be perceived as something marginal by conservative-minded investors?
Volatility
Almost all conservative investors are intimidated by the excessive volatility of the crypto market. Their experience of trading in traditional assets (Tesla shares are not included) refuses to take such price fluctuations seriously. Aggressive speculation by monitoring prices 24/7 can be profitable, but hardly gives a sense of solidity and stability. Volatility isn’t necessarily a bad thing; it’s also a good opportunity to make money. Often, traditional investors are not willing to take on high risks. In their view, an asset that can rise or fall 2–3 times in less than a week clearly carries a high risk.
There is some truth in this, but let’s look at it from the other side. Until the market is divided among themselves by a handful of monopolists, it is really possible for an ordinary person to make money on it, and not only for a rich businessman who has a lot of connections, for whom 5–6% of profit per year is a lot of money, because he invested large sums there. Yes, volatility is a sign of a youthful market, but it’s not necessarily a bad sign — look at it as an opportunity to make money. They make money here thanks to their knowledge, skills, intuition and willingness to take risks, and not just because they poured a lot of money there and have connections with insiders.
If the crypto market ceases to be volatile, it means that it has already been divided among several monopolists. Fortunately, the crypto market initially grew up on ideas and technologies of decentralization, so this is unlikely to happen in the near future.
Investing in memes
If you open up and look at the top 20 cryptocurrencies now, you will find that the 10th and 11th places are occupied by two competing dog-headed memetic coins — Dogecoin and Shiba Inu.
Of course, there was not even a smell of maturity here, both of these cryptocurrencies were originally a joke and economic trolling on a global scale. The developers are trying their best to interest the audience with innovative projects, but no, Elon Musk wanted to test the power of his verbal interventions, and Dogecoin burst into the top, and recently the twin competitor Shiba Inu was able to overtake Dogecoin, albeit for a while. a short time. time.
The market is influenced not only by a rational desire to make money. Trolling, hype, hooliganism and childishness, and sometimes even resentment about the desire to ruin someone, as in the case of the epic around GameStop, also affect the market.
All this is, of course, amusing, but hardly mature behavior. Even if you are a conscientious ardent revolutionary, wouldn’t it be better to invest in projects that can really fundamentally change economic relations, and not just fool around under the window of the mighty for entertainment and trivial fundraising on the hype?
Outgrow Bitcoin?
The following thesis may seem radical for the crypto enthusiast. Yes, Bitcoin has already proven its strength to everyone, and even today it “drags” the crypto market. However, Bitcoin took its place of honor precisely because it was the first to be in the right place at the right time, and not because it has the most advanced algorithms. Cryptocurrency number two — Ethereum took its place because ETH is a blockchain platform on which you can create decentralized applications on smart contracts, which made possible the flourishing of ICOs, DeFi, NFT and other technologies. Bitcoin works well as a decentralized money, but it was not meant to be anything more. Moreover, now it suffers from slow transactions, although the Lightning Network continues to grow. We must give Bitcoin its due for its role as a pioneer, but also understand its limits.
The future belongs to infrastructural crypto
So what will the future of the mature crypto market look like? Most likely, in the not so distant future, various platforms, not only those related to the crypto market, will start issuing their tokens (at least, it can simply be tokenized shares). Take a look at the top 20 cryptocurrencies. If we exclude Bitcoin, meme cryptocurrencies and stablecoins, then what will remain is that infrastructure and native crypt like ETH, BNB, Solana, Cardano, etc. The value of such a crypto will be provided not only by cryptographic protocols, computing power and energy expended, but also by the value of services and applications that operate and create many transactions in the blockchain ecosystem.
We at Barter Smartplace are also thinking in this direction. The BRTR token is a native token of the Barter Smartplace trading system, which is supported by the demand for the services of a barter exchange: product labeling and posting of ads. As the ecosystem evolves and new services are added, there will be more ways to use and spend BRTR tokens, adding more liquidity to the token.
Buy BRTR today to test Barter Smartplace on the LAtoken exchange https://latoken.com/exchange/BRTR_USDT
Website https://barter.company
Barter Wallet bot http://t.me/barterwalletbot
Twitter https://twitter.com/barterteam
Instagram https://instagram.com/bartersmartplace
