Is It Too Late to Get Into Crypto – Alex Svanevik Thinks Not
— Truth, Thinks, Crypto, Late, Alex, Twitter, Early, Remain, Svanevik, Quick — 1 min read
Discussion of if investors are still early or too late to invest in crypto took place on Twitter between several crypto influencers including the Nansen CEO. @marwolwarl tweeted that it was still possible to make money from crypto over the long-term from holding Bitcoin or strong Layer-1 / Layer-2 altcoins, but the days of turning $500 into millions were over – for example some on crypto Twitter bought Verge (XVG) at 1 SAT. Alex Svanevik compared crypto to a ‘mature collapsing ponzi’ with regulations around the corner for the industry, so it’s no longer the get rich quick scheme it seemed like in previous cycles – such as the 2017 bull run. One of the best crypto traders, @GCRClassic – who has 66 Source