RE: WHERE DO YOU SEE CRYPTO in few years from now .... join this challenge and earn solid upvote (up to 100k SP)

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WHERE DO YOU SEE CRYPTO in few years from now .... join this challenge and earn solid upvote (up to 100k SP)

in hive-175254 •  4 years ago 

• What is the best way to spend your first crypto?

I have bought my first coin it was Bitconnect in 2017, a ponzi scheme that was paying us daily interest. Unfortunately I didn't know anything about blockchain and cryptocurrencies, once bitconnect wen to 0 I lost my money around 300 euros. But I was never sad, because it taught me many things. Before buying a cryptocurrency, many researches should go on. After Bitcoinnect I meet with Steem, bought some and learnt about Steemit. First cryptos while I was earning on Steemit, I spent all on CS GO skins buying directly from a page. I was giving the skins as a gift to my friends on dormitory while studying at University. In 2017 the prices of coins were high, so many websites were accepting cryptocurrencies as a payment. It was so easy with blocktrades to send steem so the receiver can get a BTC in his/her address. This is how I spent already my first crypto.

• Who are the crypto industry leaders in your view and why?

At the moment due to coronavirus crisis, the health sector had a hard hit where many people need medicaments and treating. Potential investors are looking forward to invest on health securities or health insurances. Because gold is losing value, in near future insurances will increase on a value. So health companies right now are getting ready their holdings and shares to convert into bitcoin. They will be a great whales, this view of mine is for near future. But at the present, I do believe that bitcoin pioneers which stake a great about of BTC may make great differences with the amount of the money they have. So basically the leaders are the whales with a great amount of money.

• How is the crypto world going to look like in 5 years and what are the most important initiatives today that will take us there?

Talking about future, as mentioned many companies will keep their shares or money stored in Bitcoin. The value will go high because of the great demand of institutions. This will push governments to make rules and regulations related to cryptocurrencies. Somehow governments have to earn from taxes. Those steps are the most important ones which I can predict and see for the future. Also other small changes, such as spreading o ATM's of bitcoins and so on.

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Late thank you for such an amazing feedback @enisshkurti

I absolutely appreciate your time. Comment upvoted already.

ps. hope to see you posting within Project.hope from time to time :)
Yours, Piotr

I enjoyed the curation trail some days ago, once I figure out better what the community is about, id like to be part of it, why not. Thank you too!