3 ms·
I suppose it depends on what you consider "main street". I noticed the largest amount of people asking me about cryptocurrencies in 2017, during the last run-up
by c0nducktr 4y ago
I suppose it depends on what you consider "main street". I noticed the largest amount of people asking me about cryptocurrencies in 2017, during the last run-up.
> I bet a lot of Main Street investors will probably not come back to crypto after this is all over.
I had similar thoughts in 2018.
- fragmede 4y agoThe Fed didn't raise interest rates in 2018 like they just did though. The era of free money is over. That has affects on the whole economy, not just crypto. But where conservative main street is content with meager returns, just enough to beat inflation, the promise of crypto, especially for those that missed out on the during the original Bitcoin boom, is ludicrous returns which leads to yacht money.
- mattwilsonn888 4y agoMyopic. Those people learned the lesson and can change expectations. You can't read minds. The market is primarily emotional and using what people feel now to prove your point long term is the same thinking that causes someone to buy Bitcoin at $69k thinking its going straight to one million usd.