NEW EMERGING MARKETS WITHIN CRYPTOCURRENCIES

in #busy6 years ago (edited)

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There are 11 specific niches in traditional stock markets. This blog aims to exhilarate, brighten and perk up my fellow cryptonaughts in the current sea of red.

Like most I learnt about Bitcoin from a friend towards the end of 2017 just after the bubble and I started really investing in 2018.

DEEP INSIGHTS FROM BITCOIN AFTER THE BUBBLE

I highly recommend this documentary that explains the necessity of bitcoin and the bigger questions like what is money and what should it be.

Bitcoin is first and foremost about changing how the financial system operates. However, bitcoin is also a financial asset as well and it goes through these bubbles where people have made millions of dollars when they buy low and sell high, but that’s not what really matters at all, what matters is that it is going to change the entire ecosystem of how humans interact with each other and that’s a very exciting thing to be part of.

SOME Exciting FACTS

There are 60 major stock exchanges in the world worth $69 trillion

The US stock exchange is worth $30 trillion

The combined market value of all the cryptocurrencies is 370 billion

Cryptocurrency market cap overtook JP Morgan’s market cap of $366.8 billion on the 6 Dec 2017

At the peak of crypto the market cap was valued at about 800 billion surpassing Amazons, Johnson and Johnson market caps.

The cats out of the bag and cryptocurrencies are starting to look more and more like the stock markets on steroids with crazy mood swings that can be beneficial or not!

There are 11 sectors of the traditional stock market and the emerging crypto sectors.

  1. FINANCIALS e.g. Ripple, Bitcoin Cash and Litecoin
  2. UTILITIES e.g. Basic Attention Token, BON token, Gas
  3. CONSUMER DISCRETIONARIES e.g. Steemit, Narrative, Phantasma
  4. CONSUMER STAPLES e.g. FoodCoin, TeFood, MENU tokens
  5. ENERGYe.g. Restart Energy MWAT, SunExchange, Greeneum
  6. HEALTH CARE e.g. HI:Health, Nurse token, Health Information token
  7. INDUSTRIALS e.g. Nexus, Vechain, ICON
  8. TECHNOLOGY e.g. Deepbrainchain, BridgeProtocal, TheKey
  9. TELECOM e.g. Qlink,
  10. REAL ESTATE e.g. Quarteria, Propy, Real Estate Protocol

Current sectors of thinking

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Macro trend of Building infrastructure

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Cryptos infancy is understated when compared to the market caps of billionaires

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The most shocking fact!!! Regardless of the bailouts and 2008 crash the printing of new money keeps inflation down but for how long

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Our journey to [$10000]

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Interesting finding to chew on, can you spot the pattern

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