just too many opportunities today!
Crypto 101
Cryptocurrency has come to stay. It is a currency of the people by the people and for the people. No government has or will ever have control over it. Of recent, there has been news of different governments trying to put laws that will regulate the use of cryptocurrencies and that has led to some panic selling by some people I call amateurs.
The Origin
When I hear people fret over government moves to regulate or ban the use of cryptocurrency, I just smile. It is more laughable when I see people trying to sell off their holdings just because one government in China said they will not allow companies to do ICO.
This only goes to show that these people do not understand what cryptocurrency stands for. The idea of cryptocurrency is such a currency that no government has control over. If all the major governments in the world ban the use of cryptocurrency, it can only make it to go underground and boom! More and more people will keep discovering and using cryptocurrencies irrespective of whether any government likes it or not.
The Stage
Cryptocurrency is still in its maturity stage so there exists a lot of opportunities in cryptocurrency at this time. Every descerning investor should consider having some reasonable cryptocurrency portfolio now. Whenever I look at some coins like Steem, Lisk, Ubiq, Stratis, Wave, Qtum, Neo, etc, I use to smile. The truth is that these coins are going to be so expensive in the next five to ten years that if you have just 100 pieces, you may be a millionaire.
Bitcoins was 50 dollars sometime in the past and ethereum was just 10 dollars just this past February. This tells me that steem, lisk, ubiq, stratis, wave, etc will be some 50 dollars each in at most three years time from today!!!
So What?
Well, so I am worried that you are not investing in any of these coins now that they are cheap. Spend some hundred dollars to buy some of these coins now and keep them for the future. Do not say had I know. It is one painful regret I would not wish any of my followers. Buy steem and any of these other coins. Keep them for long term. When it finally materializes, come back to say thanks.
Conclusion
This is not an investment advice. Always do your own independent research before you invest your money. Also make sure you invest what you can afford to lose in case if it does not go as planned. Do not eat all your bread one day. Keep some for the rainy day.
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Partition is bad. But whatever is past is past. We have only to look to the future.
- Mahatma Gandhi
an upvote for a really good picture