AHREN POSTHUMUS: What do ups and downs of cryptocurrencies mean for Web 3.0?

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Those who take time to learn and understand the fundamentals can thrive in this market

Nearly every investor has been through a nail-biting few months — stocks across the board have seen significant sell-offs.

It doesn’t matter whether you’re invested in equities, currencies, property or crypto. Almost all major indices have been affected. All indications are that this volatility will go on as rumblings about a global growth downturn persist.Now, more than ever before, it is vital for every investor to consider two things.

Web 3.0 assets as an entire class are reconsidered, debated, debased and even dismissed with the same brush as highly speculative. But this is not a fair assessment. Such an all-or-nothing response to isolated failures will cripple any semblance of sanity and value creation in the longer term.As with traditional investments, the fundamentals of the investment still matter in Web 3.0. There is enormous scope for it to solve problems and provide significant value opportunities. Many Web 3.

 

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Web3 is just a reboot of the ico craze from 2017. 5 years from now it'll be a distant memory. Bitcoin is the only crypto that matters.

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