Welcome to the world of unlimited investing.
Are you seeing it shape up?
I presume this is what Wall Street types feel considering they have unlimited possibilities for their money. They are not cut out of any deals and can partake in whatever they want. They are accredited investors with the opportunity to get involved in IPOs, derivatives, and foreign markets.
Of course, they have the biggest variable, some money to get involved.
This is the world we are seeing erected in cryptocurrency. Each day, more projects that come online which present opportunities to each of us. At the same time, those who are active are receiving more cryptocurrency in their wallets especially with a blockchain like Steem. As we see this expand further, the resources one has to utilize should only grow.
Which presents us with an interesting situation.
The cryptocurrency world is going to keep growing, presenting us with millions of opportunities. This brings up the question of what to support and invest in? How are we suppose to filter all of this out?
That is the wonderful aspect to all that is taking place. Part of freedom is taking the responsibility for oneself. What projects each of us chooses to support is a personal decision. It is up to us to do the research and diligence to determine, as best we can, what is taking place.
If, however, we are not willing to do that, put it all in something like Bitcoin or EOS and let it ride. I guess you could say this is akin to an index fund.
While this will most likely net a nice return over time, especially when compared to the returns of traditional investments, it is not going to yield the major homerun people are seeking.
Vitalik Buterin did an interview some time back where he said that he did thought the days of 1,000X returns were over. I disagree.
While the likelihood of a blockchain, especially those established, doing that are thin, there will be projects that certainly 1,000X from when they start. It all comes down to the value they provide and number of people affected.
Of course, do not expect this to be the norm. In fact, much like penny stocks, it is going to be like playing with lottery tickets.
That said, solid projects with sound vision (and the ability to pull it off) will most likely do well. This means that the token holders have the opportunity to participate in something that can pay off very well.
There are no guarantees which is another vital aspect to all of this. As much as we want to blame others, welcome to the world of responsibility. We are working hard to eliminate Big Brother from the equation. This means it is up to each of us to police ourselves. Falling prey to fancy sounding White Papers is not the path to success. While many will be valid, solid projects, there will also be a vast percentage that are outright larks.
You are, however, free to get involved with whatever ones are of interest to you.
This is the land of millions of opportunities. Which paths are you going to choose? Even on Steem, the number is to the point where it is impossible to keep track of them all. Thus, it is essentially an array of endless choices.
Just wait until you see fractional ownership enter the realm of real estate. Do you want to own some property in Hong Kong? You will have hundreds of currencies you can choose from, each tied to a different building. How about life with Robo-taxis like Elon Musk was talking about? That is a system that should be set up where the owners of the cars can tokenize the proceeds. How would you like to have stake in 100 different Robo-taxis on the Tesla network that are located throughout the world?
This is all possible with tokenization.
If you think things are overwhelming now, just wait. We have seen only a drop of what will be tokenized over the next 5 years. By the middle of the next decade, there will be tens of millions of different tokens that we an get involved with.
Each will carry with it an opportunity.
This is the world we will soon be in.
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