Crypto Experts Can Be Like Used Car Salesmen At Times.

The reason why I said this is for the obvious reason that I don't want people to get burned on their hard earned money. Most of the time these experts say one thing but are putting their money on the other side (take Jamie Dimon of JP Morgan for that) and we need to be careful as there are "to the moon projects" that will leave you just high and dry when the bubble bursts and there are doom and gloom experts but are ready to buy when prices dip making you miss all those golden opportunities.

Don't get me wrong on this, I know that these people talk with a lot of sense and most of the time they have some success experience to back it up but you need to get a little of insider information to verify the reality of situation. Some amount of research will do and opinions of people with contrary viewpoints need to be factored in to gain an insightful approach to the industry.

I also see that the cryptocurrency industry in general is looking up and while we may still be in a bear market, the talents and the big money markets are already coming in.

When it comes to talent, we have a year on year increase of more than 35,000 percent, TechCrunch wrote that: “requests for on-demand blockchain talent are skyrocketing.” Upwork saw blockchain rise to the fastest-growing skill out of more than 5,000 skills in terms of freelancer billings. The human side of the portfolio is definitely making their presence felt in the industry.

In regards to investment talent, just to mention a few highlights: a.) from Goldman Sachs: Juthica Chou, the COO of LedgerX, spent seven years as a derivatives trader within the Securities Division of Goldman Sachs, where she specialized in algorithmic trading. b.) Mike Novogratz has hired several high profile people from Goldman including Richard Kim, the new COO of Galaxy Digital who joined Luka Jankovic, another former Goldman Sachs hedge-fund analyst. c.) Esther Babb, a former Goldman Sachs executive, was recently hired by Gemini to become their Director of Business Development. d.) BlockTower Capital recruited former Goldman executive Michael Bucella in January. Former Goldman vice president Matt Goetz founded BlockTower last year. d.) James Radecki was a managing director at Goldman and left in 2016 to work in strategic investing at another cryptocurrency firm, He’s now global head of business development at Cumberland Mining, one of the largest traders of cryptocurrencies.

And when it comes to big money, we now see institutions definitely shifting gears. a.) Fidelity spent four to five years reviewing crypto, yes, because they are launching FDAS (Fidelity Digital Assets) b.) TD Ameritrade invested in a new cryptocurrency exchange called ErisX in a bid to offer clients digital asset investment options beyond bitcoin. c.) NYSE/ICE launched Bakkt, a platform for trading, storing, and spending digital assets. d.) Yale Endowment, and in some ways the godfather of the endowment investment model, David Swenson, invested in two crypto funds, Paradigm and A16z Crypto. The "big money" definitely knows that cryptocurrency is a great reward investment better than what are the traditional investments are offering.

What I am trying to say that while there are dangers, investing in crypto is a good and very much rewarding investment you can make today. And when it comes to long term investment there is a very bright future on this industry. You just have to be wary when some of these "crypto experts" release some FUD or to the moon outlook to one particular coin or to the industry in general. Treat Crypto Experts Like Used Car Salesmen And You’ll Be Alright. Do your own research, feel your inner gut, what your inner gut is saying is RIGHT and is the perfect decision for you to make TODAY.

Enjoy your day and take care!

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