Future of investing into digital currency

in steem •  8 years ago 

We all know virtual currency (digital currencies) have a lot of potential to grow. There is a huge potential in digital currencies to make the world a lot better than it is. Before we needed banks to do what we can do for almost for free now. This can change the world very fast as a lot of transactions and business ideas have died due to the high costs of bank.

All these virtual currencies are at a stage where you cannot decide if they will be a good investment or not. But we all know with the speed technology is growing we will have a lot of growth potential in this sector (virtual or digital currencies).

I personally believe Doge will do really really well as it is the cheapest on the top list of virtual currencies. Doge will do amazing because it can be transferred for 1 Doge which today (Jan 22, 2017) it is as low as $0.0002. As a very young investor my common sense tells me this can change the world as a lot of people can do a lot of negotiations with Doge and price WILL matter. someone who offers a services for (lets say) 5 Doge, will win the business compare to someone who does it for 8. And there are lots of businesses in the world that you CAN put a price on them and will offer the same service. This will cause what we call deflation. Is that good? I think so. For those kind of services it will matter. Steem and Monero and Lisk are the other good ones worth looking into but my favourite biggest position is Doge. My common sense tells me it will be the most successful. Though Ether will be the "blue chip" along with BitCoin of course.

I am a professional investor. But I do not give advice (at least for now). Please do your research before putting money into this sector. Also do not invest with money you cannot afford to lose.

Krishna Eydat

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