Crypto Craze 101

Crypto Craze 101: Is It Too Late to Jump In?

By Kraig Kleeman

“Asking if it’s too late to invest in cryptocurrencies is like asking if you’ve missed the train when it’s still boarding at the station—with plenty of seats and scenic views ahead!” — Kraig Kleeman, CEO

Introduction

If you’ve been anywhere near the internet lately, you’ve probably noticed people buzzing about cryptocurrencies-those digital coins that seem to swing up and down more than a playground swing. So, every day, one of the questions I get is, “Shawn, is it too late to get in on cryptos?” Let’s talk through it, make sense of the crypto craze, especially if you’re considering jumping in these digital waters.

Is It Too Late to Invest in Cryptocurrency? Why or Why Not?

So, is the crypto train already long gone? Nope, it’s actually just adding more cars and routes. Cryptocurrencies, despite their rollercoaster reputation, are still in their relative infancy. Think about the internet in the early 2000s: Everybody thought that was a big deal, so look at it now! Crypto is somewhat similar in that it’s fluid and expanding in ways we’re only beginning to understand.

Thing is, crypto isn’t about catching the highest wave; it’s about staying afloat long enough to ride the waves as they come and go. The ups and downs of the market can get wild, but that is part of the adventure. With big names in finance and tech still pouring investments into the space, they most definitely see a bright future ahead.

What are the most important factors for today’s new investors to consider in the wild wild west of cryptocurrency investing?

Exciting, indeed, diving into crypto is; but here come some life jackets to keep you safe:

Volatility is the name of the game: one day, your crypto might be going to the moon, but the next it might crash. Prepare for these ups and downs; that’s completely normal and, truthfully, part of what makes crypto thrilling.
Research: There are so many cryptocurrencies out there—much more than just Bitcoin and Ethereum. Every single one has its story, its character in the book. There are some like heroes which are trying to solve major problems; others might be not so much. Learn what makes each one tick.
Keep it safe: Imagine digital pirates wanting to snatch your treasure. Yes, truthfully, such a risk is real with the crypto world. Use loyal platforms, maybe a hardware wallet—think of it as a treasure chest—to save your digital coins from hackers.
See the rules change: Crypto is almost like a game where the rules keep changing, especially government regulations. It is, therefore, very vital to be alert and follow any updates as they could really go a long way in determining the fate of your investment.

In your opinion, what will be the impact of the changes in regulations on cryptocurrency-related investments in the near future?

Now speaking of the rules, let’s touch base with the regulations: they are actually like the referees in a game of sport. Meantime, really good regulations can actually facilitate the game running smoothly, making everyone feel safe playing. However, refs or regulations that are too strict or rules that are too confusing—that provides deterrents. The next few years, I would guess, will see many more governments trying to figure out ways to handle crypto better in an attempt to make the game fairer and more predictable. Perhaps this will be a good piece of news, as this may mean more people now want to engage, knowing very well that it is a lot safer.

Wrapping It Up

That’s it. Jumping into cryptocurrencies now won’t be all that crazy; actually, it’s reasonably good timing. With the right state of mind, a pinch of daring, and obviously a proper strategy, you will be set to move through this interesting world; it’s all about playing that long game and enjoying the ride.

About Kraig Kleeman

Kraig Kleeman is a highly successful entrepreneur, author, and showrunner. If his accomplishments and aspirations were to draw inspiration from natural icons, he could be described as a fusion of Elon Musk’s visionary approach to business and Mick Jagger’s electrifying stage presence. He possesses keen business acumen and a flair for captivating performances that awe audiences.

Kraig’s entrepreneurial spirit is boundless, as evidenced by his track record of founding a tech company and taking it from nothing to $30 million in sales, in less than four years. His newest venture, CEO Branding Worldwide, is growing by triple digits, quarter over quarter. While some may liken his abilities to a Midas touch, others prefer to think of it as transforming companies into profitable ventures instead of turning things into gold!