The growth of technology and the advancements in the Artificial Intelligence world clearly sign that the next big thing is already here in front of our eyes. The adaptation of AI, blockchain and VR technologies into our lives has been astonishingly taking place for more than a decade.
Similar to the previous " bubble " or the narrative in the early 2000s, the markets start to host new technology companies that heavily invest in the future of human beings. Recently, we all are discussing the use of Apple VR while driving an autonomous electric car or watching something on TV. Like Apple, many other technology companies are doing their best to compete and grab the highest share of the new - born market.
As a result of the reasonable ideology that " putting your money where your mouth is " or not shorting the trend can be one of the pillars of the uptrend in NASDAQ and crypto markets. Still, investors care about every product that the tech companies or projects will create in the immense competition. Apple's AI Headset might be one of the best examples of it.
Naive Bulls Outperform Veteran Bears
The unwritten rule of technology stocks or crypto might be the up only nature of them. The history shows that every cycle was stronger for the technology markets because this is the gate people invest in the future products under the names of the companies.
The strong trends in these markets always make hodlers think twice before taking a profit. Consider the price actions in RNDR or SOL to realize the massive spikes that do not let new investors jump into the train. Thus, the long term investments yield positive return only when you believe in the assets that you put your life savings.
The reason why perma bears cannot survive in this era is that the fiat money that we get in exchange of our time and energy inflates sometimes slowly but firmly.
Thus, real products do not stay undervalued for a long time as the demand keep increasing with more money in the pocket. The central banks try to limit the pace of the loss of value in their currencies. However, the investors are aware of the potential the tech - driven markets have and the issues that have taken place thousands of times in the history of humans. When money cannot perform its duty, the real assets spike drastically.
In crypto, we build a digital world that operates on a distributed ledger mechanism. Though the 95% of altcoins do not survive the next bull markets, the ones with real product grow and evolve in time. Due to the high volatility that we face in this relatively small - cap market, people mistakenly assume that the market is a gamble. However, this is where the new history is written.
Now we have Layer 2s of big players, Coinbase's Base, Binance's BNB Chain, many upcoming Layer 2s and sidechain. In the future, we may have JP Morgan's intra - blockchain, Starbucks' own token with a sidechain and several others. While the potential is huge, the fiat money is weakening, there are hardly any perma bears that can manage their money by shorting the market only.
