Bitcoin is BACK!

in bitcoin •  7 years ago  (edited)

Bitcoin, Cryptocurrency, Currency, Money

[Bitcoin is BACK!]

Bitcoin recently started its trend back upwards after a massive selloff last week.

Those who have yet to jump in, the time to buy Bitcoin could be right now! Or perhaps, a focus on a few top coin picks for 2018! Certain "second-generation" and even "third-generation" coins have been outperforming Bitcoin for a while now. These coins cost less anyway!

These offshoots ("altcoins") and other "forks" address some of the "flaws" that bitcoin has, such as transaction speed, scalability, privacy, etc.. It only seems likely that the best ones will continue to gain on Bitcoin and narrow the gap.

Find the best, new, innovative ideas and get on-board early. Which will be the next BIG thing?

Market, Vision, Addiction, Health

[Don't Let It Consume You!]

Remember, do not invest more than you can afford to lose.

Not all currencies will follow a similar pattern. Different things can influence the value of other coins, so be sure to keep up to date with the ones you invest in.

I struggle to keep up when learning the economics of a crypto market. My goal is to learn more about things like market cap, volume, circulating supply, total supply, market dillution, etc. What do these numbers mean separately, and what do they mean in combination? And what does all of it mean in relation to the current value of a coin and the future value.

Press, good or bad, affects the market in a huge way. Sometimes bad press is good press. This is why staying up-to-date and current with the news could be instrumental to your success. However, this could also cause anxiety, sleep deprivation, fits of rage, and even death.

Well, hopefully not death. But do not let it consume you!

[Is Bitcoin Here to Stay?]

Yes, I certainly believe so. Just think about the absurd amount of money that has been dumped into it since '09. Sure, Bitcoin has its imperfections, but the sheer volume is the fuel in a way. Until the competition is truly as massive as Bitcoin- I think there will still be growth. That is, until as many people know about the next generation of the IDEA that IS cryptocurrency, Bitcoin may keep going up fast. And even if it surpassed by a competitor, it may very well continue to surge until it nears the total supply. Of course, there are other factors as well.

Many people including myself expect a giant boost in the VERY near future. I think it will be within the next week or two.

DISCLAIMER: I'm really not experienced enough yet to give good advice on crypto. This is just what seems likely to me.

two-thousand eighteen happy new year

[What's Next?]

Will we see 20k Bitcoins again by New Years, and 30k-60k Bitcoins in 2018? It seems crazy.. but just maybe.

Here's a few for you to check out, with current prices. These are the ones I have been keeping on eye on, but there are many more seemingly good picks out there. What are your favorites?

Litcoin (LTC) - $287.47
Ethereum (ETH) - $768.29
Stellar Lumens (XLM) - $0.216990
TRON (TRX) - $0.037544
MIOTA (MIOTA) - $3.61
Cardano (ADA) - $0.410749
Verge (XVG) - $0.156923
Aion (AION) - $6.26
Ripple (XRP) - $1.10
Digibyte (DGB) - $0.060942
Steem (STEEM) - $3.28
EOS (EOS) - $9.72

Buy in the DIPS and wait for the MOON! HODL!

Wishing you all a successful 2018!

BLOOMBERG - Is Bitcoin Back..

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