Recently I come across a question ”If you could go back a year which cryptocurrency would you invest in?” It reminds me of an interesting calculation.
In 2009, you bought 900 bitcoin with 300 CNY and sold them at 18th December 2017 (The price of bitcoin is 130000 CNY each). You got one billion CNY after 8 years.
In 2014, you took part in ETH’s ICO to bought 10000 ETH with 20000CNY and sold them at 14th January 2018 (The price of ETH is 11000 CNY each). You got one billion CNY after 3 years.
In 2014, you took part in Ripple’s ICO to bought 7100000 XRP with 5 CNY and sold them at 4th January 2018 (The price of XRP is 20 CNY each). You got one billion CNY after 3 years.
In 2016, you took part in NEO’s ICO to bought 110000 NEO with 110000 CNY and sold them at 15th January 2018 (The price of NEO is 1000 CNY each). You got one billion after 2 years.
If someone asks you the question”Which cryptocurrency would you invest in if you could go back some years?” You can answer him or her like this.
But in fact few and few people can do this before it happens.
First you have to know the cryptocurrency very much, you believe its price will fly to the moon.
Second you must need patience. It is impossible to sell your cryptocurrency at the highest point, but it is possible to sell them at a relatively high price. Do not sell them at the middle when they are rising.
At last, welcome to know more about our Blockchain project: Ulord, which aims to create a new generation of digital resource interaction platform. We welcome developers to build Dapps based on UlordChain and Blockchain fans to share every opinion with us.
You can find us on:
Telegram: https://t.me/ulordone
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Subreddit: https://www.reddit.com/r/Ulord/
Web: https://www.ulord.one/
Or you can join me at Facebook group (Ulord), we can have a easy talk here.
Waiting for you.