The cryptocurrency scene is more and more like outer space every day.
It’s exploding dramatically and expanding exponentially.
As it grows more and more wildly, it’s transcending countless well-accepted norms. It’s shaking normal assumptions to their roots. It’s upsetting conventional protocols and civilized expectations.
And along the way, it’s rapidly getting way beyond our comprehension.
That’s what Larry Pesavento was hinting at when we talked on the air on Friday.
At least I think so.
With all the new coins, ICOs, and Non-Fungible Tokens, there’s more than we might hope to find on an outer space exploration.
It’s all exciting stuff, but it’s getting really, really complicated!
As Larry put in on Friday, “It’s way beyond my pay grade!”
Outer Space Tools
That’s why it’s so important to have some outer space tools at our disposal, just to help figure things out.
I’m talking about astrology, of course.
Nothing’s more cosmic than that!
The applications are endless.
For example, by applying planetary price lines to a bitcoin trading chart, we can get a clear picture of important support and resistance.
We can make wiser trading decisions.
And we can get a glimpse of the true independence that bitcoin and other cryptocurrencies have to offer us.
All that is probably way beyond my pay grade, too.
David Bowie Inspiration
But even so, I like to dream.
One of my favorite movies is Nick Roeg’s 1976 film The Man Who Fell To Earth, with David Bowie as Thomas Jerome Newton, an alien from a dying planet in outer space.
I like to watch it once a year or so. It always opens my mind to fresh possibilities.
I like to picture new worlds.
I like to envision new economic realities.
And that’s why bitcoin is so important.
Even if it does seem like it’s from outer space.
Here’s the conversation Larry and I shared on his Trade What You See show on the Tiger Financial News Network. Let me know what you think about it!