For two years I have been writing about history in the making. The greatest transfer of wealth in human history is taking place now. What we are seeing with crypto currencies, is a once every 1000 year event. In previous articles, I have written about inventions or societal changes that impacted all life. For a review it was the printing press, invention of electricity, telephone, industrial revolution, penicillin, internet and more. The invention of Blockchain and crypto currencies will dwarf the above mentioned.
Over the past two plus years, most everyone has had the ability to purchase cryptocurrencies. Many of the top 100 crypto coins/tokens have been around for the past year or more such as Bitcoin. Litecoin. Ethereum, Zcash, Monero, Ethereum Classic, Dash, Ripple, Stellar Lumens and DigiByte as examples. Many of these coins have seen 1000% gains in the past two plus years. No other investment opportunity out there has had such gains.
I have also blogged about buying one Litecoin (LTC) per week. I have shown ways that even people struggling financially living from pay check to pay check can find ways to purchase one LTC per week. Those who have been following my posts should have over 100 LTC by now. This summer, LTC will surpass $400.00 and never dip below that figure again. Members of the Litecoin Foundation are estimating LTC to potentially reaching a value of $2600.00 by the end of the year. Did they pull this figure out of thin air? No. This figure is based on deals that they are privy to in the background with financial and corporate interest.
By mid summer, 2018, crypto currencies and tokens will see an explosion greater than that of the fall of 2017. By September, many cryptos that are affordable now, will not be. In the fall, LTC will never again be $150.00. By early 2019, we will hear of reports of new Litecoin Millionaires going viral on the internet. Will other crypto coins or tokens have the same ability to catapult you into millionaire status? Yes, but great research will have to be done to find such gems. As for now, however, we already know that LTC will do this. Why risk the opportunity to miss out on the explosive gains that LTC will provide that are just months away.
We have 3 months left to get all of the LTC that we can. By September, the price will triple of what it is now. At that point, many will only be able to buy 1/3 of an LTC versus 1 today. Big global institutional money is coming into the crypto space this summer. Once this starts to happen, us small guys will get crowded out of this space. For years ,cryptos have been exciting and dominated by a few early innovators. We have been the small guys and gals in this space, making money and driving the industry. This summer will be the end of an early adopter era. Once the big guys get in, we will no longer be able to buy cryptos on the cheap. Prices will explode and what we have in our portfolio will have to be it for a long time.
Are you building your crypto portfolio as fast as possible? I feel that we only have 3 to 4 months left before prices start to go to the moon. Next year at this time, I will read my old posts and wish we had the days of $150.00 LTC. At least i will be able to look back at these early days of crypto and realize that I did everything i could to build my portfolio before it was too cost prohibitive. I hope you can say the same.
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Hi @jetblake
You are very well informed when it comes to crypto coins. Please can you give your opinion on SBD?
As you know, I am not a professional financial adviser. I can only give my opinion as to what I am doing personally. SBD (Steem) is a strong crypto currency/token. As many get fed up with corporate social sits like Facebook, Twitter, YouTube, etc they are pilling into Steem. The value of the Steem platform grows every month. The more that use Steem, the more the SBD will grow.
Hi @jetblake
I was referring to the post I wrote on SBD - https://steemit.com/steemit/@dpl/never-hold-on-to-sbd-they-are-being-devalued-at-583-8-annually-48-65-per-month
People hanging on to SBD will lose a lot of value.
OH, OK, yes I read your article. I understand your point. Well thought out. Thanks for the link and the article. Good job!
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STOPWhat you are saying makes sense to me... I am still having trouble saving my LTC, I hooked up a Shift card to my LTC wallet, and now i use it just like regular fiat money... I always try to keep at least 1 LTC on reserve status, just in case.
That is a good idea