It is easy to see where things are now. The difficult part is where things are going. When it comes to investing, the later is the key.
Many look at where things are now and draw their conclusions. This is where people say that something is not worth it.
Let us go back a year ago. At that time, how many felt that Zoom Video was going to be one of the best performing stocks of the year? Few were connecting the dots that said video conferencing was going to be huge. Of course, the pandemic meant that video conferencing was about to take off.
While, admittedly, it is tough to see a gem like Zoom, there are many other assets that that we can look at and see the potential. Of course, we have to look closely or we can miss it.
In an technological age, having an idea of where things are going is vital. This is what will reveal the opportunities. Thus we need to constantly be looking ahead towards the future.
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Many companies are considered overvalued at the moment yet, if we look at their potential for growth, we see the reverse is the case. The companies might be undervalued compared to where they are going. Revenues can change over time and markets shift around. This is where the golden opportunity lies for those who can see it.
In cryptocurrency, this turns up in many different ways. The entire industry is disruptive and changing industries across the board. The potential is enormous.
Of course, there are a lot of dogs with fleas in this sector. That is why being cautious is crucial. There are many ways to lose money if one is not careful.
The flipside of this is that overlooked gems can really skyrocket.
Any of the readers of my articles knows that I am big on watching the development to tell where things are going. It is easy to look on the surface but that does not tell us a great deal. We need to find out what is going on underneath to really size opportunities up.
Those who got involved in Bitcoin did so because they saw something. Certainly there was an aura of faith required to be a huge beneficiary. In other words, hodling was not easy during the years yet those who saw where things were going are now sitting in a great shape.
The same is true for many other projects. This was the case barely a year ago for Leofinance. Yet, 12 months later, we see how far things came. Of course, many of us believe that we are just at the starting point. For many who are not familiar with all that is on tap, this might be hard to believe. How could something that is up so much still be just getting going?
Here we see that, when focusing upon the future, we can see where things could end up. Thus, the future should see an increased appreciation in price as compared to where it is now.
Often, the greatest opportunities are not the most obvious. This is where the insight needs to enter. We can see the success after it comes rolling in but it is not as easy when things are getting started.
Being an early adopter means that one is willing to get in when things are less secure. This is why larger players often join at a later date. Part of the reason is small deals often have less liquidity so they cannot play until that is achieved. However, they are also not in the business of starting early on. They wait for things to get to a certain level before participating.
As they say, the future is coming faster than we think. There is a lot going on and all the changes mean there are opportunities. However, for those who are willing to keep their eyes on where they believe things are going, stand to benefit greatly.
Investing takes creativity, foresight, and intuition. Things are getting more complicated with each new technological breakthrough. Disruption is all over the place. Nevertheless, picking a couple winners really can pay off big time.
It was not easy to focus upon Amazon in a physical retail world. Nor did many see the need for another search engine when Yahoo was strong. Telsa with their electric roadster would never sell enough cars to be more than a niche company.
Yet, in the end, all those companies became major success stories. Those who had the ability to see where things were going end up with massive amounts of money. Today, there are hundreds of opportunities of equal magnitude.
For us, it is just a matter of finding them. It is also the reason why we need to focus out attention on the future, and not where things stand now.
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