Will 2018 be the Year of Cryptocurrency?

in cryptocurrency •  7 years ago 

HOW TO BEBITCOINRICH.png

Dear Steemians,

I am glad you are here with me today in this game and took the opportunity to arrive at the party early. There's been too many times in the past that I personally arrive too late - I was too late in the domain game, apps game and even online teaching game. But finally, I came early for once, and the party is Cryptocurrency.

Today, Bitcoin, the number 1 Cryptocurrency, has sailed over $16k per coin (even higher at it's peak). When I first came to Cryptocurrency, Bitcoin was $1200 and now it is over x10 where it was.

Screen Shot 2017-12-09 at 01.03.31.png

This is a realisation the world has woken up! Not only are new people entering the Cryptocurrency market per day, not only are the veterans putting more money in than before... but now the Investment banks that had previously tried to kill Bitcoin, now wants a slice of the pie. Because Cryptocurrency in the last 6 months has become a BIG DEAL!

Obviously, we all wish we got in when 10,000 Bitcoin was only worth $40, but this year has still been phenomenal... it's been the birth of Cryptocurrency to a worldwide audience. In a year's time, it will still be early, yet people will kick themselves at missing Bitcoin and Cryptocurrency in 2017.

The beginning of the Universal surge...

Okay, so it didn't start with me, but I quickly became one of the main Cryptocurrency YouTubers early on.

My first YouTube video on Cryptocurrency in May 16th 2017 was the first highly-trafficked video on my channel. I had about 1000 subscribers and all my other videos were getting around 100 hits after 5 days. But then my Cryptocurrency video had about 1500 hits in 24 hours. This showed me I was onto something big.

Screen Shot 2017-12-07 at 11.05.04.png

Now I have nearly 65,000 subscribers, and am one of the top 5 Cryptocurrency channels producing daily shows on YouTube. As you can see in the screenshot, Bitcoin was just $1600 dollars at that time and over time many of the Cryptocurrencies I have talked about have shot up obscenely in value.

Best moment in Cryptocurrency?

My favourite part about the last 6 months has been the time I made the below post to my community!

Screen Shot 2017-12-07 at 11.31.55.png

Bitquence (now Ethos) was just 5c a token at ICO! I then made a course about it, which many joined and is currently the second best-selling Cryptocurrency course on Udemy. This became the coin of my mastermind group, and it's all-time high was achieved the day it rebranded to Ethos - a x42 gain!

Screen Shot 2017-12-07 at 11.37.30.png

That means if you put in $1000 at ICO, your investment would have been worth $42,000, and if you put in $10,000, it would now be $420,000 and so on...

You may think the best part of this has been checking my Wallet to see the vast sum of money. No, it isn't! The best part is when people that had faith in this coin made a lot of money and thanked me in droves, posting pictures of expensive things they bought with their gains... and it's not even begun yet. There's not even a launched platform for the masses.

So watch this space... A LOT to come in 2018. The current price will be a joke this time next year!

Worst Crypto moments this year?

My number 1 has to be the Chaincoin Saga! The popular myth is that me and another YouTuber called Max Lee (aka HighOnCoins) collaborated to manipulate the price from 3c to $6, cash out, become millionaires, and then watch other people get burnt when the price dropped right down to under $1.

Screen Shot 2017-12-07 at 12.59.57.png

The truth is, I was in my car on the way back from Bournemouth Beach in the UK, and I looked on my group to see that it was absolutely WILD with posts about Chaincoin. I'd never heard of it before and saw it had pumped ASTONOMICALLY. It was 7pm when I arrived home from the beach and I was in a rush to make a video before it got dark. So I went and talked about Chaincoin, how my Mastermind community found it and how great the project looked. I didn't realise it was actually a dead project and just a famous pump and dump, but my video helped it go from $1.77 to $6.60.

Screen Shot 2017-12-07 at 12.14.22.png

So people loved me for the video, and then subsequently went on to hating me, and it's stuck with me since. Effectively it ruined HighOnCoins' channel... his Crypto videos go virtually unnoticed these days. So I am glad the saga didn't kill me off.

My number 2 is Superior Coin. Again, this is one that people speculated I collaborated with the founder and swindled a load of people out of money. In truth, I thought the platform Crowdify could be the next Steemit and Superior Coin would power it like STEEM and I was excited to get into it early and wanted others to benefit.

images.jpeg

It was late July, I was having morning tea in Mauritius with my mother and father, and I looked on my group to see the news that the founder alleged the Superior coins were stolen and the project was over, all investments lost, and therefore labelled a 'SCAM'. I hate being attached with THAT word, therefore I didn't react that well!

Screen Shot 2017-12-07 at 12.12.06.png

It was a horrible moment, one of those moments when it feels like the world is crashing down on you. Everyone wanted answers, and there was little I could do because I was an investor like everyone else. I was not in the Superior coin team. It felt even worse because it was in my best-selling Udemy course (and still is, just as a reminder).

So, in addition to the Chaincoin saga just weeks before, I felt like my reputation was in tatters. I effectively didn't make a video for a month. In a way I am glad it happened because I reflected on my videos and it caused me to up my game and be better and more trustworthy than before. However it let Datadash and Boxmining surge ahead of me as Cryptocurrency YouTubers.

If I could choose to, I would still go back to that morning of Superior Coin. It happened just a few days before the worst day of my life. On the final morning of the holiday, July 30th 2017, I woke up in a great mood. It was very sunny and I was going home. My mother came from Mauritius so all my cousins, uncles and aunts all live there. But although I'd had a great time, I couldn't wait to come home and see my son Harry. My Dad was making tea (like he always did) and told me my mother was still asleep, so to go wake her up.

Worst day of my life

I went to wake my mother up, but she just wouldn't wake up. She'd had diabetes, kidney problems and dialysis for years but she had been in good health the whole holiday. But that morning she just wouldn't wake up. I tried everything, my dad tried everything, but she was just gone. She'd passed away in her sleep. She was my best friend and everything to me, and was only 68.

2017-12-07_12-18-48-e813492600df621fb95f18b48aae17b8.jpg

I had to stay on a few days in Mauritius to organise her transport back to the UK. We had a funeral for her there so her brothers, sister, nephews and nieces could say bye and then she came back on the same plane as us to the UK... so it was nice she wasn't left alone out there.

I tried doing a video on YouTube days later, whilst keeping this secret, but the video was rubbish and got heavy dislikes as the community was still angry with me, so I left YouTube for another couple of weeks. In that time we buried my mother in the UK, just a few miles away from where I live.

Screen Shot 2017-12-07 at 12.23.46.png

After the worst day and weeks of my life, I started to put the pieces back together again. It's funny how life continues, and everybody carries on while your world appears to just stop still for you.

Moving forward!

I re-entered Cryptocurrency as it went through a bit of turbulence across August and September, with various bits of market news spreading fear in the market. First, Jamie Dimon, the CEO of JP Morgan called Bitcoin a "fraud" and then China banned ICOs and exchanges, causing Bitcoin to tank down to $2970 in September.

Screen Shot 2017-12-07 at 12.27.50.png

It was insane!

The market cap, Bitcoin & Ethereum and so many alt coins dropped a few months of growth and allowed people to re-enter where they had missed the opportunity before!

But that was the point in which Bitcoin got stronger, alt coins began to thrive and the market became resilient!

From that point onwards Bitcoin has been smashing it!

Today the market cap of Cryptocurrency (which is the combined value of coins x their circulating supply) is $450 billion. In May this was just $50 billion. So the market has BOOMED by nearly 10 times!

Now the investment banks are adding Bitcoin as an investment option for customers. It's become a bigger deal!

2018!

2018 I think will be the biggest year yet, and one of the best bits of advice I can give you is to make sure you are investing in the best Cryptocurrencies for the long-term! I anticipate a tsunami of ICOs next year with amazing value propositions that will change how we do things, by utilising Blockchain technology!

Power Ledger is showing us how traditional businesses can be disrupted in this game!

The best criteria for spotting top ICOs can be found in my video here:


One of these that I have looked into is BitDegree. Check this out - this is under 5c (the price I got in for Bitquence), plus a 15% bonus, has 600m total supply and a superstar team. Plus the platform looks to be amazing, and as an online teacher, I see incredible promise!

So thank you for being with me on this journey and I look forward to seeing an incredible Crypto 2018 through with you. Make sure you follow me on YouTube - https://www.youtube.com/user/suppoman2011 and just buy one of my courses on Udemy to be in my mastermind group.

Best wishes peeps!

Much love

Suppoman

Your Superhero of Cryptocurrency

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

lisk and steem wil be one of thebest coins for 2018

@suppoman: Not sure if 2018 will be a year of Cryptocurrency, but you bet it sure will be the Year of Blockchain.

One thing most likely going to happen in 2018 is cryptocurrencies getting regulated in most jurisdictions. If that happens not sure about your "tsunami of ICOs" prediction.

I agree cryptocurrencies cannot remain unregulated forever. And, if they are regulated hey days of ICOs are certainly over.

I think STEEM price will detach from the cryptocurrency market as a whole since it has unique features that are already being used.

Nice post
Greetings @suppoman

Nice post
Greetings @suppoman

I read the entire article already in the announcements. Loved it. I learned two things from you.

  1. Cryprocurrency investment and trading; at which I failed miserably due to bad decision making and not following what I learned.
  2. That Steemit.com exists and is better than any social media and is like Reddit but cleaner and better and that it rewards.

I joined and never looked back. At least one of the things is working for me and the other will also work if I be mindful enough.

Thank you, Suppo! 2018 is going to be great. My hope is to make a good investment in time and make some money in 2018; rather than losing some in 2017.

You may send your student some sympathy sbd haha!

I feel 2018 will be a year of war between bankers and crypto-currencies

Great post, Suppo! :D Thanks for sharing some of your story.

I just wanted to say that you and Suppokid are the two best-looking dudes in London.

You better keep that little guy from getting too big a head ;)

Thanks for everything, sir! You got me into crypto alomost a year ago, I've watched every video since you started crypto-vids, and I really look forward to your input every morning.

I've been making good gains, and I have a fantastic portfolio, diverse and undervalued. Steem on, mate!

Great videos from your online classes! Very well explained thank you :) And regarding BitDegree ICO, I agree it looks very interesting,

I just tested 1ETH and the token came to around $0.04 per token.
Do you know how you can forecast a Token to Coin price ?

@suppoman In your youtube channel, can you explain how you can calculate the price of a ICO token ?

keep on the good work!

ps: sorry for your mother...

You are really super hero Suppoman. You are the inspiration Friend!
Sorry for your mother
I didn't invested in chaincoin and superior coin because I have only around $50 dollar in cryptocurrency but I always watch your video, it's really fun. What I invested was $25 a month ago and now it is double. I want to make it grow a little bit more and make 0.01 btc and cash out in btc from all altcoin.
My country has banned bitcoin and there is no way we can buy!
I really love you dude!

And I earned another $50 on steemit, that is in Ethos

Hey Suppo, Brandon Anthony Peressini here. I just read this entire thing. You're such a down to earth human being. A great father and I can now see that you were a great son as well. I am so sorry about your mum. Thank you for such an amazing year. Your advice changed my life and I only think Ethos will go even further. I appreciate you. Struck my soft spots with this post. Thank you for being you.

Hello Michael,
I really feel sorry for your lost. My worst day was exactly the same in 2011 when I lost my mum, which was the best person I ever known. It hurt so much and everyday things were so unimportant when you have to realize so drastically that every life has its end and what it means when you finally have to say goodbye to someone you love so much.
I really love your shows, your positive attitude, that you are funny and have a very good nose for crypto. Stay as you are! All the best to you and your son for 2018!!!

i got in september, because I just wanted 1 bitcoin, didn't care what I paid for ....i have a little bit more than 1 and will hold for 2 years of forever if it goes to 1 million........ I made some ICO's....powerledger, rcn, QSP, and simple token....but right now bitcoin represents 65 % of my portfolio.......wish I had bought more.....will be at 40 k this summer when we reach first trillion af total market cap....keep up your good work suppo....

Very sorry to hear of your Loss :'(

I think the whole community you have put together appreciate the time you put in and are glad to be on this journey together.

My only issue I have is the popularity of Alt coins growing (Which I feel some deserve more growth than BTC) but the people I know who are starting to ask me questions about Bitcoin have no idea that there are hundreds of other crypto currencies out there.
As we know buying cryptos is not like 'here's my credit card; I want 10 NEO and 25 OMG' These people are not tech savvy at all.

I just hope BQX oops sorry ETHOS is as good as I hope it will be!! (and yes I was on the ICO with you ;) )

Looking forward to see what 2018 brings

Can't blaim them for not understanding block-chain.
The amount of reading requirement to understand today crypto market is mountainous now.

Completely agree.

Great read. thanks for all your videos.

Keep up the good work suppo!

#MOON !!

@suppoman, thank you for the nice read.

Great post!

Its getting harder to see how its possible to trade my way to an increased bitcoin amount when so many alt coins are losing value against BTC while gaining Fia value. Is it still as possible or would i be better concentrating on just buying small amounts or Btc when i can.