Can you still make money with cryptocurrency in 2023? Insights from a crypto millionaire

guardian.ng:

The cryptocurrency industry has always been a hotbed of debate, speculation, and strong opinions. Despite years of controversy and fluctuating market conditions, the digital asset ecosystem has continued to grow and evolve. With its undeniable spike in popularity within the past few years, the question on everyone’s mind is: Is cryptocurrency still worth it? Dadvan Yousuf, a self-made millionaire through digital assets, advocate, and cryptocurrency investor, explores the ongoing debate, taking a closer look at the merits and potential shortcomings of the industry. While opinions may vary, Yousuf believes that there’s still significant value to be found in this revolutionary space.

The resilience of cryptocurrency

Having invested in Bitcoin, Ethereum, and other Initial Coin Offerings (ICOs) for more than a decade, Yousuf has witnessed firsthand how cryptocurrencies have endured countless setbacks, ranging from regulatory crackdowns and high-profile hacks to extreme market volatility. Despite these obstacles, he has seen the market consistently bounce back, demonstrating the resilience and adaptability of both the technology and its supporters. As the industry matures and technology improves, it is expected that many of the current challenges will be addressed, making cryptocurrency investments even more attractive.

Mainstream adoption

Mainstream adoption is a critical milestone for any new technology, and cryptocurrencies are no exception. Over the past few years, Yousuf has noticed a growing number of institutions and businesses embracing digital assets, which has helped propel the industry into the mainstream. Giants like Tesla and Mastercard have begun accepting cryptocurrency payments, while major banks like JPMorgan