From what I have read about the crash is that it was more of a correction and the price/value went back up today.
That being said, I definitely agree that it is a good idea to head into things with at least a bit of knowledge, especially if one is investing monetarily rather than just upvoting, commenting, and posting.
It is a huge risk either way one looks at it because the markets do fluctuate, especially when it comes to cryptocurrency.
There is no gain without at least a little bit of risk, so taking the risk is a huge step off a long drop with only a hint of an idea where one is going to land.
It says a lot about Steem as a Currency that someone would invest so much into it.
I often wonder which currencies are going to survive the next ten years and how they will look in that time period.
The Dollar is not going to be sticking around, many are going digital, from there it is a logical skip, not a leap or a jump, to cryptocurrency. I believe we are already seeing this and one day the value will not be compared to Dollars or Euros or Yen or whatever National Currency exists in this day and age, but in the crypto itself, from crypto to crypto.
Interesting concept. I will be following you. Thank you.
I actually don´t think that cryptos will take over but they´ll coexist with our todays currencies. We won´t see the huge change happening just within a few years as the current system won´t be replaced this easily.
However it might be a real good idea to invest in coins that could still be around in 10 years. Don´t invest in something you don´t believe in! The weak projects will die sooner or later taking your investment with them...
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