Dan Schatt of Earnity Explains What It Means to Be a Crypto Diehard vs. a Crypto Speculator
As cryptocurrency takes off like never before in 2022, some buyers—known as speculators—may dabble in it for brief periods. Meanwhile, others—known as crypto purists or diehards—will remain fully committed to it for the long haul. Buyers in either group will soon be able to take advantage of trading opportunities through a new social crypto platform called Earnity, according to Dan Schatt and Domenic Carosa, two executives for the budding marketplace. Let’s take a deeper look at who crypto diehards are, how they differ from speculators, and why they need the new marketplace.
Crypto diehards are individuals who believe that digital currencies and the blockchain are our future. As a result, they plan to hold onto their cryptocurrencies for many years. These individuals would generally be wise to purchase tokens representing quality ecosystems, protocols, and applications backed by strong communities. In addition, the more liquid the crypto is, the better. A buyer’s chosen crypto should also have evidence signaling high adoption and implementation, and it should have no problem with withstanding volatility.
Unlike crypto purists and diehards, speculators tend to hold their cryptocurrency sporadically. These holding periods may vary from a few hours to several days and even a handful of months. In contrast to buy-and-hold buyers, speculators attempt to profit from a cryptocurrency’s short-term price swings.
Earnity caters to both types of individuals, as this marketplace and platform allows both new and experienced cryptocurrency users to gift, collect, earn, research, and learn about as many tokens or digital asset portfolios as they wish. Having raised more than $20 million in funding throughout 2021, the marketplace shows great promise for the future of finance. Get ready for the platform to revolutionize the world of crypto and blockchain by making it more user friendly and accessible than ever before—for many years to come, according to Domenic Carosa and Dan Schatt.