Breaking your crypto value down by a monthly or yearly dollar value over time tells you exactly how and what is being achieved.
When you look at your crypto portfolio value and see the dollar values that have been accumulated over the years even at these low prices what do you see? Some may be disappointed due to the fact we have seen 90% of the base value wiped out within the last 2 years. I is not quite a 90% loss as most of us have been working away accumulating so in my case it is more like an 80% reduction in value.
Over the last month my portfolio values have been hovering around the $44-$50K mark which is still a decent sized amount even though we know it will be worth far more in the coming years. The aim like always is to grow that value even if the prices remain constant and to see if it can now fluctuate between $50 and $55K. I believe I can get to this point when I celebrate 6 years in crypto next March.
This would represent an average of $9K a year as a value for the time spent involved in crypto and considering this figure grew from 0 which I think this is pretty damn good. The reality check is when you think of people in real life yet to invest in crypto and how many of them have $50K sitting around. The reports I have read state that the majority have very little savings these days with most people having less than $10K stashed away.
Online vs real life is a harsh reality check as I have basically used crypto as a savings account which has been a major plus. In the real world with rising prices due to inflation and greed the ability to save is not so easy and what you have is worth way less than what it was last year. The online crypto you have accumulated is in a total different mode to that of your real life bank account as it has the ability to do a 10 x within a very short period of time.
When the masses finally get involved in crypto what they can afford to invest will be nowhere near what you already have and puts you way ahead of the curve. The $9K in value I have today works out to an average of $750 per month, but can easily transform into $7500 or more which it will. These are significant numbers as that is an average over a 6 year period and the longer we remain active that will only slowly increase.
Even if the prices did not rise like we hope they do I am comfortable with what I have knowing that the knowledge obtained over this 6 year period outweighs the value of the crypto because that is priceless. Being established and knowing how to make more crypto daily is something you cannot buy. Very few people know how to turn $1K into $10K and we know how to do this, We are light years ahead of the masses with what we are able to earn and could easily place us in the top 1% whatever country we live in as long as we continue to do what we know how to do and that is to accumulate more each day.