I hope you have all been building that crypto portfolio all year because we are about to hit some seriously massive spikes that are going to put last years rally to shame.
It's time to get bullish not only on Bitcoin but also Ethereum and here are some reasons why.
1 - Institutional Investment
It seems like it took all year and rejection after rejection but December 18th 2018 just might be the day you'll remember for the rest of your life. Where institutional poured billions if not trillions of dollars into cryptocurrency sending bitcoin to $50,000 - $100,000 and finally making it possible as a real investment but also to start using it in everyday transactions. You see when there is money you will be quick to find out how many creative and smart people can become when they pool their resources.
It shouldn't take long for payment providers around the world to start accepting cryptocurrency because of the massive value store in them.
2 - Ethereum
It honestly has a lot going for it and yes we all got a little down in the dumps when we heard there was a delay with the update to the blockchain. But hey we rather get it right then blew the whole damn thing up! So waiting is key but the wait should be over Q1 2019 and leading up to that I see the price rebounding strong as bitcoin takes the front in December.
More reliable and trustworthy ICOs are now launching and there is a huge amount of promise for Ethereum to still be the catalyst for many of these ICOS to base off of and launch.
** Please remember these are my own personal opinions and not financial advise. Do your own research and be responsible for your OWN money stop blaming others for bad judgment calls YOU make :D
I'm anticipating a rebound and upward trend but my only worry is... the majority of people out there still have not yet figured out how to be smart with cash let alone be smart with crypto... The lack of financial education is hurting everyone (I mean everyone who does not take it upon themselves to be smart with money) and the lack of interest in crypto is also worrying, let's hope that more people can be good educators.
This is true but the current system is also not working because of the the lack of people understanding investing. 401ks are so crap, social security is pretty much gone. But the only ones we can really blame are ourselves for not going forward and learn investing and business ownership.
What do you mean "Social Security is pretty much gone?" You just "pretty much" disqualified yourself from making any qualitative statements!
By the time I retire there will be no money left in Social Security. The government continues to tap into it to pay off other debts. This is why big government never works :)
I think you are wrong, just like you are about crypto.
It has truly been a great opportunity to start getting involved if you missed the last opportunity! I have been focused here on STEEM and a couple of other tokens but I am looking forward to seeing the market go more mainstream!
Heck yeah! end of this year into Q1 and Q2 of next year should be massive!
I like your passion. And I share it
You should also check out @nycoin.community (NewYorkCoin).
Keep a million NYC in your wallet and just wait.. :')