Always think long term with crypto,using NXT as a case study

Sometimes we look down on some cryptocurrencies and just assume they won't make any good value or even get to $1. But sometimes when proper research is made, these coins could make you some cool cash at the end.

Just today I was going through icostats and I just got wondering what would have happened if only I had invested just $100 into NXT in 2013. If I'd had done that, I would have made a gain of about $14,000 minus my capital when 1 NXT got to $1 (last ATH).

I always tell people to invest cash that they can afford to lose. As you can see this NXT was sleeping between 2014 and middle of 2017. That's 3 years + of sleep, but after that 3rd year came great gain. Imagine if that was your savings and you were expecting a good gain in some few months, you would have been disappointed,?

So make sure you invest money you can afford to lose and think long-term when you're dealing with cryptocurrencies.

This analysis was done with icostats, A website that gives you the ROI of different cryptocurrencies and also tells you about different ICOs going on and those coming up.

Make you make proper research before buying any cryptocurrency. It's better to get a tutor to teach you about cryptocurrency investment than going in blindly. DYOR

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