Why is bearish Short-Term and Bullish Long-Term the Bitcoin Slogan?

Those who are investing in crypto should focus on what to do in the short term. They have to work in the market in all time-frames.  The idea of HOLD forever does not make sense to many who believe that we do not live forever.  And, for small investors they cannot be in it forever.  Their investment potential will be in cycles where they have to get in and out while deciding to take the risk to move ahead.

Government agencies are beginning to study cryptocurrency and later down the road they are sure to come up with a government-wide strategy. They will ultimately determine how to tax it properly. If the governments knew it is the future, they will simply want to get their cut somehow.

The government will want two things:  1. Control over people 2.  Taxes from people.

Suffocating government and bloated bankers will need to have lot of small people around who are dependent on them.  Therefore, by control small people will be small people and the government would not want the small people to grow big.

Governments will interfere in the affairs of small investors by offering regulatory certainty and investor protection.  While it is true that regulatory certainty and investor protection will give crypto the needed imprimatur of legitimacy – how far the real benefits of decentralized technology will materialize is questionable.

Legit protocols will of course become more valuable – again when BTC is more like “rule of law” as it is protocol driven, there are widespread questioning on why you need a government to regulate it. It is true that there is no way that 17,622+ crypto coins are all equal. However, a government stepping in to regulate it will kill the entire purpose.

It is true that if there is a list of all ‘coins’ that are likely to be compliant with potential new regulations – these could all boom. However, again the power with the government and the government beginning to dictate the what, how, when, and why people can use BTC can be messy.

Regulation if done right will of course create mass adoption.  Currently, so many investors feel “unprotected” as they are investing in crypto in its current state.  While it is good to have a framework for people to move on with crypto and it looks like it might take years for it to get implemented by the government – when they step in the power story is going to change.

If mass adoption is important for cryptocurrency, it is important for merchants, retailers, and business owners to begin making real inroads into accepting payments in Bitcoin and crypto for mass adoption to happen. However, for now merchants and retailers are not really sure of Bitcoin.  Many are beginning to accept them though, but it is not as widespread.

There is just grand fear-mongering promoting BTC and the need to live without government. Something that is not possible.  What is now seen in the crypto world is a lot of sensationalism and people just blindly accept it as gospel.