Change Is Coming: Where the Crypto Market Is Headed

Sometimes it’s not the screen or the books that teach us the value of things.

Too often, they fail to give us the full picture.

We went for a walk last evening. We walked along the edge of our property – a full mile with a few steep hills that get our lungs working.

As we chugged along, we saw the remnants of change. There’s the foundation of an old grain mill at the center of the property. It was built in the 1850s. One old-timer said he remembered when it stood three stories tall.

It was abandoned when the railway came through just down the road.

If we cut a path through the woods, we’ll surely find a rusty strand of barbed wire wrapped around a tree. The bark of the tree now rolls over the wire like a fat man’s belly hides his belt.

The pasture went wild after milk prices plunged.

But there’s one spot where we always walk slowly, with our eyes on the ground… especially after it rains.

There’s a ravine there. And long before anybody ever thought about paying a man to drive by and pick up their piles of trash, the folks who lived here would toss their old bottles and scrap metal into it.

Most of it is buried deep these days.

But a hard rain reveals the treasure. We’ve found dozens of old blue and brown bottles unbroken and lying on the ground.

The old trash tells a story.

We don’t have the heart to toss our findings in the trash. We simply make a pile and wonder what we’re ever going to do with it.

We suppose it’s an analogy for a lot of things these days. We toss our junk aside, let the grit of time cover it up and hope the future generation is sappy enough not to stomp it all back into the ground.

Moving On

Getting back to what we should be writing about this morning and what we’ve written so much about in recent weeks… a change of a different kind.

The textbooks, the screens, the talking heads… None of them can depict the sort of change that’s evident with just a quick walk through a centuries-old farmstead.

What once was new and proud is now rusty and buried.

We can’t help but know that what we’re witnessing now in the realm of money and digital assets represents the latest technology that will erupt and bury the old.

Like all new things, the realm of cryptocurrency is brimming with fear, speculation and doubt.

That’s a healthy thing.

We’ll remind you, though, that when the first trains hit the rails in the early 1800s, skeptics abounded. No way, they said, can the human body withstand the strain of going 30 miles per hour.

Today we hear a distant whistle blowing on each of our evening walks.

Nearly a century later, many skeptics worried that humans would surely have a hard time driving a car on their own… without the built-in “collision avoidance system” of a horse.

Now they’re saying the same thing as cars go humanless.

More recently… perhaps you remember the oh-so-bold words of Jack Valenti, the former head of the Motion Picture Association of America. He had some bad things to say about new technology.

“I say to you that the VCR is to the American film producer and the American public as the Boston Strangler is to the woman home alone,” he told a congressional panel in 1982.

Last we checked… Hollywood survived just fine.

What’s Ahead

Have we been a crypto skeptic?

Yes.

We’re rarely the first to admit our mental frailties, but we’re proudly the second.

Mr. Market, of course, is often the first to remind us that change is coming, no matter our lousy opinion.

As we look at what’s happened in the crypto space over the last six months, we can’t help but see where the trend is headed.

Yes, stocks are up big… but the digital assets of tomorrow are up far more.

A hot stock may have doubled in 2020, but the hottest of cryptos are up a thousand points or more.

Indeed, trains derail.

Cars crash.

And we’re sure countless pirated VHS tapes are now piled up at dumps across the world.

They all had their flaws, especially for traditionalists, but they all were triumphant successes.

It helps to not think of crypto as an alternative to the dollar. That’s only one very small part of the story.

Think of it as a transformation in technology… the next generation of digital commerce.

When you do, you’ll see the profit potential of so many of the small tokens trading for pennies these days is one for the ages.

For our latest research on crypto and details on the three coins we believe will be the winners in the “Year of Crypto,” click here.

And if you’re looking to get started with cryptos but don’t know how… our in-depth how-to guide is the place to start.

All the details of how to get your copy are here.

Has your thinking evolved about cryptos? Share your thoughts at mailbag@manwardpress.com.

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