Crypto Currency: Why I'm a Believer Today

When I first heard about bitcoin circa 2013, I didn’t have two nickels to rub together. I thought I could use the free electricity to sneakily mine bitcoin on my work computer. I downloaded the bitcoin miner and started mining off the boss's computer. The internet savvy boss found out pretty quickly and shut my shit down before the day was up. You know in December 2017 I was cursing that guy's name, because I would be a millionaire if he had listened to my pleas about bitcoin's worth.

So I missed out on the meteoric rise that made bitcoin the topic of mainstream networks. I have no fear about missing out, because I've learned from that lesson. I'm not going to miss out on the next moon shot. I'm going to buy low and sell high. I'm going to realize gains. I'm confident that there are a lot of profits to be made in the Crypto Currency Markets in the near future, especially with the recent downturn in the market. In my posts I want to help you do the same, and hope that you will do the same. Of course, I am not offering financial advice in these posts, and anything I do post, please do your own research before acting on anything.

If you check out Bitcoin's historical data, it rises significantly after a "market crash." (Which, I know, is by no means a guarantee of what the future holds, but could signal its potential). That's only one indicator, and I believe for other reasons that there will be another uptick in price. Has Crypto bottomed out? I think it bottomed out this time at $6,252. So I'm buying as much as I can right now.

A lot of my friends think that Bitcoin is going to fail., and they're telling me to not invest. I used to believe those people. They point to the "market crashes" and volatility of bitcoin as proof that it's a scam, or just hype. But this is coming from people who are not familiar with the technology behind btc. If the history of bitcoin proves anything, it will be around for a long time and will survive any "crashes." Maybe not at $19,000, but it will survive, and in the future upon wide spread adoption it might be worth more.

After researching the actual tech behind Bitcoin, i.e. the blockchain, I became interested in other applications like the Ethereum smart contract. The smart contract concept is also revolutionary, potentially a larger part of the Crypto Economy in the future and surpass Bitcoin in market capitalization. Because of this, I am absolutely convinced that the Crypto Economy, Crypto currency, blockchain, and smart contracts are the future of the internet, finance, and everything that can be computerized and automated. I am convinced that the Crypto Economy has created a truly Global Economy and it will be at the forefront of investment in the future. If not in 2018, but it probably will be 2019. The crazy thing is, is that Crypto taps into the entire world's currencies, and its rise will be very, very quick, again. And of course it is volatile - it is part of the entire global market, which is itself is wildly complicated.

If you aren't quite persuaded about the value of crypto and blockchain technologies, I will try to explain why I think this technology is poised for a breakthrough in a series of posts.