$100 worth of LISK bought in 2016 would have given you over $21,000 in 2018 | LISK Rebranding New Logo

in lisk •  7 years ago 

lisk chart.PNG
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so much has been happening with LISK withing the past two years. LISK saw a little growth when it entered coinmarketacap.com around April 2016, few months after that lisk saw no growth at all until around 2017. there was absolutely no growth for almost a year. can you imagine that ? imagine the kind of patience those guys had ?, i mean those who bought lisk in 2016. if you bought LISKin 2016 and you held till today, then you are one hell of a patient person.

that's was cryptocurrency is all about, those who rush to sell off their coins/token always lose out at the end.whenever you buy a coin, please think long term. don't buy to sell in 2 months or 3 months or even in a year, if that's what you have in mind when you buy a coin, please just stick to FIAT. only invest money you can afford to lose.

What would have happened if you had bougth $100 worth of LISK in 2016?

lisk chart 2.PNG

Now let's look at the chart above. the lowest price lisk saw was between June 2016 and April 2017 , which is approximately 10 months. the price that period got as low as $0.18. so if had invested or bought $100 worth of lisk around that period, you would have gotten 555+ LISK.

checking the ALL TIME HIGH of LISK which was $38 around Jan 7, 2018, that 555LISK would have given you over $21,000. this $21,000 is minus your initial investment of $100. imagine such huge gain for HODL long term.

crazy right?

so think long term, don't think short term, remember I said LISK didn't see any growth for over 10 months, that is almost up to a year.

So what is LISK?

Lisk is a public blockchain platform where decentralized apps can be used built that has their own side chains with javascript (simpler definition: you can build decentralized apps with LISK) . The ability for these apps to have their own sidechains will enable lisk to be safe and very scalable.

the mobile app industry is currently controlled by centralized systems, I believe when LISK is ready with their SDK (software development kit), we could have the birth of another form of decentralized mobile apps.

Rebranding of LISK

So much was said at the relaunch of LISK. LISK has taken a lot of time to deliver thier finished product,but we have already learnt to be patient. Last time I wrote about lisk was in November 2017 and last month (link below) and I love the fact that LISK is giving great feedback to thier community.

LISK will also be launching their new website today and they will also have a LISK academy coming soon . so many plans coming from LISK soon.

below is the new logo for LISK

lisk 22.png

I will be dropping latest updates on LISK and their new website. for now, keep posting on steemit and please for newbies, don't spend all your earnings from steemit, take a huge percentage of what you earn and invest into other cryptocurrencies. I am sure you can remember what I said about the price of lisk in 2016. Dont invest what is left after spending, spend what is left after saving and investing

Where to buy LISK

lisk market.PNG
you can get LISK from any of the market listed below, especially BINANCE.

after getting your coins, I will recommend that you keep your coins in a wallet that gives you your private key, this tutorial will help you set up your LISK wallet.

STEEM ON


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LSK dumped pretty badly immediately after the rebrand. The rebranding (or relaunching like they called it) was only about the user experience of the LSK platform. It'll be nice to see some real development going forward.

I made a post a few days ago on ths rebranding expectations and it seems it was accurate.

[https://steemit.com/cryptocurrency/@oluebubesyd/lisk-lsk-relaunch-expectations]

Thanks for sharing :)

Also, the new logo is dope :)

Also, the new logo is dope :)

OK I'll check it out

Good post and it might have been even better if you'd have bought a year later in June 17 rather than having money tied up in a flat currency for a year. Hindsight is a wonderful thing. Cheers

Keeping money in the bank is useless. Most especially in my country. I have several accounts and I use just one for daily transactions so I have just one atm card, do you know those other banks still charge me for atm card maintenance? Even when I don't have an atm card.

Anyways I don't know what the future hold for cryptocurrency and banks but I know whatever they hold, it will favour me

  ·  7 years ago (edited)

I admire your enthusiasm for cryptocurrencies.

Now, If someone is to try out with little investments in the various cryptocurrencies that are available, how can such person keep up with the trends of the market, what to invest in, or what not to invest in?

Are there tools one can use, or newsletters one can subscribe to; that are either free or close to free

There are several tools. But I'll advice you seek guidance from an expert first

thanks for the information i appreciate. considering the advice as i do more research on it

You're welcome @successcomputers

You are absolutely right. Thank you for always being the personality that you are @samstickkz

Thank you @gloeze, you're amazing

Just imagine the interest

Mr Cryptocurrency. Nice and Informative.

Thank you @ceemo

With cryptocurrencies, the future is unpredictably bright, as long as the coin has a purpose, this is a clear case of that.

I'm telling you