IS CRYPTOCURRENCY STILL IN A SUPER CYCLE RANGE ?
Analyse on crypto currency super cycle.
The “supercycle” thesis is the bold but vague idea that crypto is on the verge of mass adoption because of a series of technical and exogenous factors. For some, however, “supercycle” is just a marketing term for market makers. For others, it was the dream that markets could go “up only,” (that is, until traders capitulated).
Right now 2021 is 2014 and crypto is the new FANG. Since 2014, the FANG stocks of Facebook, Apple, Netflix and Google (now Alphabet) outperformed and investing in them was the “dumb investment strategy” that actually worked. There is no need to form a micro thesis if macro generates handsome returns.
The “supercycle” thesis is the bold but vague idea that crypto is on the verge of mass adoption because of a series of technical and exogenous factors. For some, however, “supercycle” is just a marketing term for market makers. For others, it was the dream that markets could go “up only,” (that is, until traders capitulated).
Right now 2021 is 2014 and crypto is the new FANG. Since 2014, the FANG stocks of Facebook, Apple, Netflix and Google (now Alphabet) outperformed and investing in them was the “dumb investment strategy” that actually worked. There is no need to form a micro thesis if macro generates handsome returns.