Appreciation of intrinsic value is an art.

Appreciation of intrinsic value is an art. One of the ways you learn this art is when accumulated knowledge, experiences and vision come together. I am reminded of a film I saw recently. The Founder. The film is about the creation of the McDonald's company. In which a salesman saw almost immediately what the value of the innovative "Speedee Service System" could be, a 'conveyor belt' production system for hamburgers developed by 2 brothers, without table service. 

There is a real gold rush going on. Lately, a lot of people are jumping on the crypto train and buying a ticket with their hard-earned money, which will also be worth less the coming years, due to the upcoming inflation, without an exact idea, of where the journey is going. They all hope to arrive at a station where bags of money are waiting to be picked up. At the first bump in the track, most jump off the train again, one experience richer and one illusion poorer. 

What strikes me most is that the market is very much manipulated by people with a huge bag of money or large, wealthy financial institutions. Where the game is to earn from the little guy, and especially to secure their own wealth to some extent. I myself have learned a lot about this subject. I already knew bitcoin when it wasn't worth that much, but at the time I didn't know exactly what it was. Now I do know what bitcoin is, and what digital scarcity means, and I also understand much better things like smart contracts and what all this can and will mean for the future. Just as the internet, email and the fax played their part for post office employees. So the notaries and lawyers, bank people will also have to deal with this. A lot going to change. I also see parallels with the rise of the Internet, but especially with the bubble. Because in my opinion there is a real crypto bubble going on. It's the same with crypto as it was with the Internet. Everyone knew it was going to be a revolution, but no one really knew what direction it would take. Internet companies were founded en masse and most were mostly marketing and hype. Eventually after the pockets were well filled, a few became exceptional rich and a lot of people lost their money, it burst like a bubble. Many listed companies went bankrupt, and those that survived suffered a massive drop in value some of them up to 90%. 

Yet this can also teach us a lot about how to invest in the crypto market. Because eventually this market can't be stopped, the genie is literally out of the bottle, and I applaud that. Power to the People. 

How do you invest? Look especially at crypto and companies with underlying assets. Especially look at the technology and what it can start to do. Have an idea of what they can add in terms of value. Filter out the hype. Also look to see if they can react and adapt quickly. To cite a few examples. Amazon was an internet bookstore that managed to parry heavy blows and adapt with lightning speed. Google, with its tech, was the improving search engine while there were dozens already. The common line between them is that they added something of value that wasn't there before. 

You don't start to see it until you realize it. (Johan Cruyff) 

Just as that salesman saw it, who spent years of his life crisscrossing the United States and had his dinners eaten in the most backward places at many restaurants. He saw how things were done in the kitchen. With the experience and knowledge he had gained, he had a vision of where the journey might go. Even then you have no guarantees, because you can win a lot, but also lose a lot. You can also lose by thinking you are winning, just like the McDonald's brothers who let themselves be bought out for a few million. 

In conclusion. Realize that the ones who made the most money from the gold rush were the ones who sold picks, buckets and screens to the people with fever for gold. If you also want to start investing then I recommend you to do it through the following link. 

At bitvavo through this link you do not have to pay a trading fee for the first week over the first thousand euros. https://bitvavo.com/?a=7BCA1FEF68 

If you are interested in more articles on crypto in the future, I might consider it if donations are transferred to the following bitcoin link: 

My Public Address to Receive BTC bc1qrymt6c52kgqvn8s7kq4pvvtycd65p9p7q36pk0

As I said appreciation of intrinsic value is an art.