Bitcoin and Ethereum

Dear Steemit friends,

Wow, what a week in cryptocurrencies! Certainly bitcoin and ethereum are very much the staple, long term prospects for different reasons. Both have reached all time highs this week. They seem to be headed higher and higher. Please note that they, like other cryptospos, are very volatile. My strategy is very much long term. I recently got into cryptocurrency (less than a year ago) because I, like many, thought they were scams or similar. I wish I had educated my self earlier. I really do. I picked up ethereum when it was us$12 but it took me a while because my focus was on bitcoin (back then about us$1200). Boy, at the time I thought, wish I'd bought both earlier. BUT, guess what, I'm buying more of both because in 6 months, I'll be saying the same, again. From my research, I believe, as many others do, that bitcoin will go to us$2300 shortly and then retrace savagely by $500-$600 or to $1700-$1800 for bitcoin. THIS, is the time to load up because it is highly probable that by mid-next year (2018) we will see bitcoin at US$10,000 plus, yep, that's right! Ethereum is in the same boat too. I think in the next few months it is likely to break US$500+ heading for $1000+ at some point and heading north.

The point is this, cryptocurrencies right now is the best 'level playing field' investment I've seem. Meaning, that it's not manipulated or controlled centrally and thus ANYBODY, with strength of their conviction can and will prosper if they invest in these two, above mentioned. There are others as well (I'll talk about these in my next blog). A few dollars into these may see huge returns in the future as I see a number of cryptospos will have specific roles to play as well. We are living in unprecedented times! We are about to witness in the next few years technology disruption the likes that we have not seen. In transport, in currency and money, in how we govern ourselves, in how we live...

We are heading for a global currency resest with fiat money. The world is going to change in dramatic ways. Many, many people will lose their life savings UNLESS YOU protect your self and your loved ones by diversifying your money into gold, silver and cryptos ('digital currency' like bitoin an ethereum etc).

I'm so glad I found cryptocurrencies, and you will be too.

Wishing you all, success, fun, health and peace.

Cryptocos
PS: These are my views and any investments I may have mentioned are based on what I've done. This is by way of information only and NOT advice. Please do your own research and then decide what you may want to do after that. Risk only what you can afford to lose, like in any investment.

Sort:

Trending

[-]

cryptocos (25) 8 years ago

Hi, I just wanted to add that my sentiment above was pretty accurate re BTC AAand ETH . We just have to be patient as this is REAL market activity and we will get these moves when we get almost vertical increases. This is to be expected as, after all, we are dealing with real people psychology without the elite manipulation. Invest for the long term by buying in these dips more often. Over time, we will all be thankful as these crypto prices skyrocket. Stack gracefully.

$0.00