Can you take a step back and think ?

The time is spent with cryptocurrencies and the whole community literally took over my life for the last months i clearly had to take a step back somehow..

Probably a lot can relate when i say it makes no sense to check my phone and my computer all the time. Yes you need to be aware of changes in the world and the community. Thats what makes you an adopter. The more you adopt and the faster you can be the more you can "predict" the future of the world around you.

Blockchain and this whole Bitcoin thing came pretty fast for a majority of people. When you check the numbers of new people to exchanges or some community groups such like on Facebook we can literally speak from exponential growth!

I am questioning what this brings us on the long term. The gains on coins you can make on trading them are crazy. We don't even know what a fair price for most coins would be. The volatility in the market is super super crazy, what can cause very big profits and losses.

A lot of "new Warren Buffets" are out there. The Game of wealth is changing a lot. At the moment we do have influecal people in the business who can literally "pump" the price of a coin up 10 times to what it was before a single twitter post.

We have 1377 cryptocurrencies listed on coinmarketcap.

A lot of coins do not have any real life value, or even a team behind them. On my opinion a lot of coins are overvalued. This is clearly the wild west.
Very few people are drawn into the game because of profits. Because of being early and making money of the whole Cryptocurrencies. - Ok, a lot of people will manage it to get out of debt very fast. Some people can make a fortune nearly over night. All in all these are good aspects of Cryptocurrencies. The tech behind blockchain is literally revolutionising. There is no question.

I want to throw something to think about in here. I wise man once said to me, after i was asking some questions about wealth. "Lets say you reset all peoples money and assets to 0 and you give everybody the same amount of money. In a short period of time, the money will be back in the same pockets as it was."

This makes me question a little bit about the markets. The longer people are in Cryptocurrencies the more they will "hold" onto their coins. As in all markets, only a few people win.

This is just something to thinking about. What are your thoughts on this ? is this the heaven on earth or the the beginning of the end? :)

Commenting your thoughts is appreciated.

Thank you