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7 years ago by rok-sivante (75)
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You are absolutely correct on that. All eyes on the bitcoin, the newbies, me inclusive, love to buy bitcoin. I thought I was a noob till today when I have to explain to someone that had been on steemit for more than 3 months that there are 1300+ other cryptocurrencies. He was shocked at the stat. So, I believe many are like that and just content to buy into the media frenzy of bitcoin and forget other well-performing cryptocurrencies. People are quietly making 10x in some coins without the attention that comes with 30% move on the price of the bitcoin.
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Nice post @rok-sivante Bro, I want Upvote for Christmas bro :) Merry Christmas to you and your family
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Happy @rok-sivante sigue asi hermano feliz navidad
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yes you are right, your suggessions for investing are guidelines for us. thanks for updating.
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Hopefully that's the best ... And can our advantages multiply ...
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Awesome perspective , thanks for sharing . Upvoted and followed 😊
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All of this were extremely difficult for me, maybe because I am new to both cryptocurrency and investment. Well, I'm sure I will get used to it.
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there is a learning curve in this space, as there's alot to learn - but it's an investment oftime in knowledge that pays extraordinary dividends... ;-)
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Holy! I never grasped this either.... You just sparked this understanding on my mind.
...And I thought I was fairly smart... but that is so simple it's one of those things that make you feel dumb for not realizing.
We are so formatted on measuring everything in FIAT.
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:-)
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very helpful! thanks for sharing
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While considering other alt-coins a sound investment option with your bitcoin appreciation, it may also be a good idea to be considering bullion. Gold and silver are and have always been safe places to store wealth. Buying precious metals while bitcoin is up could potentially payoff if/when there is a major correction. Turn your bits into gold and then your gold back into bits!
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Anyone care to share an updated chart since BTC has increased 7x since?
Or care to put one together with projections of what it’d look like once BTC hits the $500k and $1million projections...?
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Isn't it exciting how much more valuable bitcoin has become over gold? :) Furthering proof that all value is subjective. If bitcoin is the pin to the dollar's bubble, I would reasonable expect to see a spike in the gold and silver markets.
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This is something worth looking at. I am still unsure, if usd/satoshi value is all encompassing in the top 20. However, individual will start thinking in both manners now.
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Juts getting into cryptos I've been debating what to buy. I really want to invest in altcoins that have huge potential, but with the mainstream most likely picking up cryptos for the first time in 2018 I think all eyes might be on bitcoin and possibly whatever else is on coinbase. People like convenience, and they like what they know. It makes deciding where to put money a bit more challenging, bitcoin seems very safe, at least for the first half of 2018. Nice article, it puts things in perspective and made me think twice!
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;-)
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