Steemers,
Until recently I found myself obsessing over coinmarketcap literally day and night, watching the trends, trying to work out tomorrows quick $ return. I am not an experienced day trader by any means, but I get the fundamentals. I am also fairly sensible and haven't whipped my credit card out to load up an exchange account and think I am smart enough to win every day. But, that hasn't stopped me fantasising about hitting those little coins that have crazy 300% growth in 24 hours and earning a few quid.
However, something occurred to me a couple of days ago. Something that I, and no doubt all of you, have read time and time again. Something I have read but I never considered the absolute truth of it until that moment. I will try to be concise!
Day trading, or whatever your frequency might be, for the sake of making a quick return is to ignore the mad sea change that is happening right before our eyes. It is almost an abuse of this opportunity. Yes, I know that sounds stupid and that crudely we all want more money. But I have decided to consider the following questions in order to be a conscientious participant and ultimately aid mass adoption for all of our benefit:
What problem is that company / coin trying to fix?
Is there a need for that coins offering?
Is it using the blockchain and associated platforms to progress?
Who are the people behind the company?
I feel that by asking myself these questions I can make a far more informed decision about what to invest in rather than trying to to make $50 on a Tuesday morning. Do I really need to watch Dogecoin or Fuckcoin or Wankcoin?
Here is a great quote from this article: https://cointelegraph.com/news/50000-bitcoin-could-happen-if-this-isnt-a-bubble-but-an-s-curve
"The Internet offers unmatched potential for growth, with world-changing consequences."
Which leads me on to the point of this article. Bitquence $BQX. In my very humble opinion, crypto and blockchain are here to stay and we are only at the beginning, even now in 2017 after the crazy prices of the last month or so. I bet you would be amazed to know that there has been a study that shows there are only around 3 million users of crypto currency!! Mad! Here is the article:
http://www.newsbtc.com/2017/05/07/three-million-cryptocurrency-users/
Therefore, if crypto is here to stay, and mass adoption is yet to happen, and I consider the companies / coins worth investing in who are going to enable this revolution; it has to be Bitquence. For those of you who don't know, they are going to be releasing a "universal wallet". Instead of having a Coinbase account, a Blockchain account, a Bittrex account, a hardware wallet, a mobile wallet, some paper wallets [like me at the minute and no doubt lots of others] they are going to fix this disparity and pull all the best bits of all those things together. There will be a fiat gateway as well and loads of other exciting USEFUL tools to enable adoption and every day useage of crypto. They are currently trading less that $1 but I think their wallet will be the next game changer in the evolution / revolution of crypto.
And breathe...
Or what I should have written is; I think the prospect of being involved in something world changing, that I can teach my kids about and say I was there, is the thing that now excites me. I am too young to have experienced the 60's or The Sex Pistols or made fortunes from dot com's. But I am damn well going to own a t shirt of some description that proves I was in on the ground floor of the crypto revolution.