The main misconception about blockchain is that a lot of people think it is a Ponzi scheme where the last ones to enter will be the ones to lose money.
The reality is blockchain is not limited only to crypto and it’s most well-known flagship – Bitcoin (BTC), but blockchain is a technology with use cases in many fields and a real revolution sometimes comparable to the emergence of internet. And as any other innovation it has an adoption curve.
Source: https://www.researchgate.net/figure/Adoption-Innovation-Curve-Adapted-from-Rogers-1995_fig3_228757766
We are now probably at the beginning of early adopters phase and to lose this train might be a major mistake your children and nephews would never forgive you missed.
Blockchain has a lot of use cases ranging from the most known cryptocurrencies – offering a fast and safe method of payment, to smart contracts applied in decentralised finance partially replacing the classical financial institutions and many other fields, to internet of things, NFT-es, cybersecurity and many other fields – you name it. It is a new and safe technology, a decentralised one giving people access to world and generational wealth, a thing the governments are not very happy of, fearing of losing control.
Source: https://www.techtarget.com/searchcio/feature/Todays-blockchain-use-cases-and-industry-applications
Blockchain offered to over 23.000 thousand companies from very different fields the possibility to go public without going through the very difficult and complicated IPO (Initial Public Offering) process, by issuing tokens who can be bought on various DEX-es and CEX-es (decentralised or centralised exchanges) or through ICO-es (Initial Coin Offering). Indeed some of this projects profited the lack of regulations and are scamming people but a lot of them are serious ones trying to improve the world and having in view a lot of them are start-ups and that the succes rate of start-ups for 5 years is under 10%, it is normal that part of them disappear due to lack of adoption, financial issues and other shortcomings, especially during the bear markets.
This is why investing in the big ones like BTC and ETH could be safer long term, but also blue-chip ones can be a good bet for the future since the next Google or Amazon could be among them, while smaller projects could offer 10x to 100x being proportionally riskier.
This is not a financial advice to invest in the blockchain companies but watching this field and being involved in the early stages could bring important benefits. And the saying “Invest only what you could afford to lose” is also important, having a spread portfolio of investments in several type pf assests could be a good option.
We are witnessing a genuine financial revolution and Wall Street smelled it’s great potential, this is why they are now involving in the BTC spot ETF-es market (at least in the beginning), fearing of missing great profit opportunities and control over markets.
And indeed there is a lot of manipulation in the market from the market makers making money on the expense of retail, moving prices up with leverage and on spot and bringing them down, making billions in profit, for an amateur trader or investor being very difficult to beat them.