Crypto currency is still predicted to be a sexy investment but still with risks
Fear of the decline in the price of Bitcoin and other crypto currencies is suddenly still warm discussed. Is it true that the future of digital money is getting worse in 2018?
Crypto currency became a byword throughout 2017 yesterday. The price of the king of the crypto currency: Bitcoin continues to skyrocket.
Beginning of August, Bitcoin set a new record: for the first time, the price of 1 Bitcoin is more expensive than 1 ounce of gold. It was equivalent to US $ 4 thousands, or about Rp55-56 million.
Looking more backward, the achievement is more bombastic. In 2012 then, the price of 1 BTC (unit Bitcoin) is about US $ 15, now? The price is more than US $ 15 thousand, was predicted to touch US $ 60 thousand in 2018.
Observers are divided, some consider this to be good: as an advance, others consider the trend to be short-lived. Commonly referred to as Bitcoin Bubble-a commodity price state soared to form a bubble, which is feared to break at any time.
"Call it 'bubble' if you like, but can you really get away from crypto currency?" Said market analysis expert Naeem Aslam, opening his writing in Forbes about the prediction of the fate of crypto currency in 2018.
Aslam who claims to have crypto currency such as Ether, Ripple, Bitcoin estimates that during 2018, investment in crypto currency will remain a trend and will not harm at all. He himself did not deny that the worries about the bubble make sense. "Seeing this number makes you think that no more (incident) this is a bubble, because the growth of this great is indeed unprecedented," Aslam wrote.
But for him, the most important question of the condition is: can you still make money while you still think it's a bubble? "The outspoken answer: if you are able to survive to lose some money that will not change your life, then bet," he said.
Aslam's intention, if the average income of Americans aged 20-64 years is US $ 27 thousand to 50 thousand per year, then investing US $ 100 alone will not interfere financially.
In Aslam's calculations, while looking at the development of crypto currency over the past year, investing $ 100 in Ripple in January 2018 will cost US $ 35,259 in December. Even investing in crypto currency that is not too high priced MaidSafeCoin, will still generate $ 948 at the end of the year.
"If an investor dares to plant US $ 100 on the 10 highest crypto valuations valued, the total profit of a year earned up to US $ 64,707," Aslam added.
Still from Forbes report, Kenneth Rapoza, other crypto currency observers also saw a bright future for these digital money investment investors. He sees Etherum, NEO, and Ripple are examples of other crypto currencies considered to have ever stretched.
@originalworks
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Thanks you my friend