A lot of people follow popular markets... None of them will get rich when the tide turns. Learn why..
Let's see how most people value cryptocurrency:
- Is it on the top 20?
- Did the troll box talk about it?
- Did mainstream media talk about it?
- What is the roadmap? Is it new? Is it ICO?
- If I buy it today, is it going up? Can I sell it tomorrow?
The TIDE of cryptocurrency. Ever been near the ocean?? The tide moves slowly but the tide can kill you.
The tide happens every single day. The whole ocean moves in/out from the beaches, and it takes hours when it does. Most people don't even feel the tide moving in or out. That is why there are many deaths each year based on the ocean tide.
What's cryptocurrency? It's much like the ocean.
The ocean is huge. The number of fish to catch is huge. Lots of attention to pay attention to...
Here is where most people go wrong.
Peercoin, and I full admit this, has dropped off the top 100 coinmarketcap.com list.
WAIT. IT'S NOT TOP 100? WHAT IS IT WORTH? 5 CENTS?
No.. it is still worth more than $1.25 PER peercoin coin.
"How can that be?"
Most people who have invested in Peercoin have spent the time to investigate the technology, the community and the reason why it is a good investment before buying some.
Most people chasing fads on coinmarketcap.com make quick profits for the day or week, but they're going to lose long-term.
Who wins long-term?
Peercoin.
It wins, because it has fair distribution. The designed 0.01 transaction fee is scaleable.
Ever heard of Bitcoin? (sure)
Ever heard of Bitcoin Cash (yes, ok)
Ever heard of Bitcoin Plus (yes, I did)
Ever heard of Bitcoin XT (I think I did, yes)
Does Bitcoin have scalability issues (YES)
Does Bitcoin have multiple forks (YES)
Does Peercoin have a solution since 2012 for these scalability problems? (YES)
...but most people like to be carried out by the tide, the sea, slowly without realizing it. Eventually there will be a double back to non-premined, non-ICO coins, with true blockchains like Peercoin launched August 2012
Do you own any? What does your 10 year future look like without owning any peercoin?
Good luck.
Prior to reading this I had just received a notification from Coinbase on the upcoming Bitcoin Segwit2x and Bitcoin Gold forks. It seems to me like a trend has developed that won't go away.
I've found that holding onto Peercoin in my portfolio has been beneficial even though it has dipped in price a bit. Personally I have been viewing this time as an opportunity to buy more PPC as I see it as a truly high potential, undervalued coin with a promising development community.
I am a new in Crypto just want to start my journey in Crypto Trading !
Please Guide me !
what are your predictions is any chance Bitcoin fell again ?
What would be your suggestion or advice for me ?
Can Ethereum is a good choice to buy now ?
Can Ripple is a good choice to buy now ?
what about steem ?
@ppcman i am waiting for your answers as a advice.
very informative post. Thanks for sharing.