HOW TO GET RICH WITH Cyrptocurrencies
*DISCLAIMER, I AM NOT I REPEAT NOT A LICENSED TRADER, ANYTHING WRITTEN BELOW IS NOTHING MORE THAN AN OPINION, please trade at your own risk.
Cyrpto currencies have now become a semi-mainstream thing or has it?
Everyone and their cat knows about Bitcoin but how many people really know about all the other Alt coins?
In my recent studies I have dived into the realm of cyrpto currencies and found that one can make a TON of profit whilst losing a fortune at the same time if you are not careful.
Now in regards to the REAL price of these currencies one must look into the portfolio of each company and have a sense of long-term vision for where these companies and their technology will be in 5-10 years time.
here are a list of the top 5 cyrpto currencies that I believe will still be around in 5-10 years time and MAY yield some serious wealth for those who have the patience to hold their coins overtime.
Ethereum this one is simple, They are doing everything Bitcoin does & more but Better
Ripple, this one is a no brainer and there are a ton of people out there that will say things like this isn't a cyrpto and this is the mark of the devil, etc etc
but let's get real here , banks run everything related to money and if you believe a few bitcoins is going to put the people who invented money out of business, you need to go back and re-examine the rabbit hole.
3.STEEM, of course everything we do will be om steemit, this is the youtube/myspace/msn/microwave of the 21st century and everyone would love to quit their jobs, sit at home and make money posting things online.
Siacoin would be number 4 on the list, this looks promising because it deals with cloud technology, should a big company like Icloud buy them out, the stock would skyrocket.
The last coin Is whatever you want it to be, this is where YOU have to decided for yourself, which company and technology you believe in, so dive into the rabbit hole and start studying and you may find your goldmine.
Hope this article helps you out.
Best regards
G.H
:-)
Can I get your opinion please? I promise to take with a few grains of salt!... :-)
I am looking at Stratis,Monero,waves,eth, lisk,tether,pivx,augur,ltc... any of these that you would suggest and why?
I have steem ,and Dash and would like to expand my options!
I am grateful for any help,and admit that this is over my head,but is a sink or swim world,and treading in debt leads to drowning...
:-)
namaste
Hi Jesse I would first go with your style of trading, if you like to invest and HOLD for long periods of time (1-5 years) Eth would be your best bet because it has a long agenda and great formula for success.
If you are looking however for quick gains, look into Reddcoin, Diginote, Digibyte, Siacoin because they are extremely cheap to purchase and when you have 100k+ of any currency if it moves even 20% in a month (very realistic) you make between $200-1000 depending on that currency
Of the ones you named I would also consider Pivx and Stratis but these are also long term.
Hope that helps, don't forgget to upvote :D
I can wait the 3-6 yr. range or a bit longer..if it is doing like bitcoin :-)
not a day trader..lol.. definitely looking for longer than a month or two. ...lol...not short? gains.
would love to buy some of the sub penny one and watch them grow into $$...LOL..
I understand the leverage of that...lol
I appreciate the input! and understand to use due diligence :-)
if you have any more bits of wisdom or advice I have ears... :-)
and yes I upvoted! not that it is worth much yet.. :-) might buy one of some cyrpto... lol
namaste
This I think fits into your discussion on the crypto markets and investing.
I have been sharing this info on something not widely known/talked about, crytpo related stocks. For me , just another opportunity to capitalize on this new and exciting paradigm. They are currently trading for pennies.
The stocks I think, give that still large segment of people who are not ready to learn about crytpos and exchanges, but have been on the sidelines hearing about all the excitement and gains, the opportunity to get on board this earth shaking crypto move, but within their own comfort zone by simply buying a stock that is related to bitcoin.
Most of these people already have a stock account they know how to use and in this way can participate easily. There are very few crypto stocks so these are already starting to skyrocket just in the last couple of days but may present an very unique opportunity. As a warning, there is not really a ton of info about them so use risk capital only!
I have put some money into them in just the last 1-2 days, already up significantly which means they may skyrocket further, or pull back hard, I do not think anybody can predict. Dollar cost averaging is probably the best way to enter at this point as they are just moving so fast now and price points could be anywhere next week. Anyways, I thought I would share, fwiw.
Here is a link with some of the info on 2 of the stocks crypto stocks that I just put together for myself and others as a starting point for due diligence.
https://steemit.com/bitcoin/@motowngold/global-arena-holding-inc-gahc-another-rare-bitcoin-and-blockchain-stock
Thank you for the info, upvote coming your way
Great content
thank you :D