Ok.. so all this digital currency can be so volatile!!! 24 hours a day 7 days a week the markets never close.
Can make you go bonkers, right? Even causing difficulty sleeping.
Well it's time to stop trading digital currency and start investing like the smart money does.
Think about the wealthiest people on our planet.
One very successful person comes to mind. .. you've probably heard of him..
His name is Warren Buffett... He's worth over $68 Billion.
Does Warren Buffet trade, or time the market?
NOPE - trading profits are only temporary, and long term investments is what made Buffet billions.
It's a strategy called "VALUE INVESTING"
Value investing is an investment strategy where an investment is selected that trade for less than their intrinsic values. Value investors actively invest where they believe the market is extremely undervalued.
So you ask, How can I apply this to Digital Currency?
- Stop Trading in and out
- Use the buy and hold approach
- Diversify your Digital currency portfolio (own several currencies)
and finally, the most important
"Select a investment based on value"
So in my research I've found an exciting crypto currency that shines more than anything I've seen ...
It's called NEM (The underlying digital currency symbol is XEM)
NEM is the best thing that's going on in the crypto currency space. It's literally flying under the radar. Primarily since it's a no-hype currency with great technology behind it which makes it very attractive.
NEM is a diamond in the rough, and you can buy and hold on to it knowing that your investment will grow. It's so inexpensive right now you can own a nice number of XEM since it's trading just above .01. It's not volatile like many of the others such as Bitcoin, Dash, Ethereum. So you'll be able to sleep knowing you're holding on to something that will be a lot more money!
NEM has many great things going for it... It's a more improved and extremely powerful 2nd Generation Blockchain available today:
BEST BLOCK CHAIN TO DEVELOP ON - Uses simple API's which are not bloated, making it easy for anyone to use it's blockchain functionality. This saves companies time and money. Building on Bitcoin or Ethereum is much more difficult and time consuming.
SPEED - NEM can process up to 4,000 transaction per second, with currency moving from person to person in less than 20 seconds. This is lightning fast compared to others and much faster than other currencies such as DASH.
GREAT COMMUNITY SUPPORTING IT - The NEM community is very well liked, they are always available and helping new people who discover NEM.
ENTERPRISE READY - NEM is ready for use today, not at some later date. It's being tested by Hitachi, and has well over 30 active projects with real use cases. Not just fluff, and hype. http://nemflash.com/tech-bureau-offers-mijin-to-the-blockchain-application-test-with-regard-to-hitachi-solutions-point-management-solution-pointinfinity/
EVEN DISTRIBUTION OF COINS FROM START - When NEM was released its currency was evenly distributed among 1,500 stakeholders. So wealth is spread out keeping it in strong and loyal hands. NEM also encourages spending of it's currency using PROOF OF IMPORTANCE which is a much better algorithm that 1st generation crypto currencies use.
Check out NEM for yourself, and make up your own mind.
Details at: https://forum.nem.io/t/2017-nem-link-list/3189
and http://Nem.io
NEM is the 8th largest digital currency trading at only .01+
https://coinmarketcap.com/
Come join the community https://telegram.me/nem
Yes, I agree. NEM is the best kept secret in Crypto. Now its time for us to move to the top :)
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Great post! I only recently learnes about NEM month but once I read and understood the technology behind it, I immediately understood and realize the incredible potential that it! My modest cryptocurrency blockfolio is 75% NEM just purely on my faith in the technology behind NEM!
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Curious as to whether you’ve been keeping up to date on developments with NEM and if your position has stayed the same or changed since the time of this writing...?
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I'm really interested in everyones position on nem as well now? thank you all for sharing.
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We wrote about a coming catalyst which could make owning NEM a nice spec for the coming months-- check it out if you're interested...
https://steemit.com/cryptocurrency/@harpooninvestor/bitlicense-new-york-state-s-typical-business-as-usual-crony-capitalism-ripple-xem-nem
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