Beat the Censorship “BTC”
At the beginning of this year, BTC was just pushing back over $1000 for the first time in 3 years. Today it is around $4000 and counting. This year has seen spectacular runs in cryptocurrencies! And with so many eyes now on the market, speculative calls for BTC to go over $10,000 by next year are garnering much more attention (not to mention the gurus who are making these calls). One of the most optimistic of these gurus is Cliff High, whom I have been tracking for over a year. His reports are impressively accurate regarding the crypto space. Never the less I must warn that you do your own due diligence before investing your money. That being said, Cliff’s data is indicating a $13,000-dollar range by early next year and I am inclined to agree with him. Cliff is not the only one who is optimistic about BTC but so are many others such as Bitcoin Meister, Gregory Mannarino, Bix Weir, Jsnip4, Andy Hoffman, Jeff Berwick of Dollar Vigilante, Sean from SGT, Kenneth Ameduri from Crush the Street, and the list goes on and on.
Let’s not leave out Litecoin which recently more than doubled from the $40 range to the $90’s before pulling back to find some equilibrium. The gains have been astronomical. I know of people who have held LTC since it was in the $3 range and even some who have held since it was less than $1! Along with his predictions on BTC, Cliff is also calling for LTC in the $100’s!
On top of the already raging market for Bitcoin and the few original alt-coins, is the rapidly expanding ICO market. Gains comparable to the early days of BTC are available here, however, at great risk. Never the less there have been some solid performers such as Ethereum, Veritasium, and some newer but already growing coins such as Omisego, Populous, and TenX. Needless to say the list of choices is endless and can be overwhelming. Never the less, if you wish to invest you must do your own research and due diligence.
I do not agree with those calling for higher prices simply because they are doing so, and neither should you. My personal opinion is that we are just at the beginning of this boom and we have barely seen anything yet. I will update this channel with new picks that I am considering and ones that my close friends are also looking at. I will do my best to provide accurate and informative content, but it will still be your responsibility to do your own due diligence on any coins before investing your hard-earned money in them. Make sure you manage your money wisely when investing/trading and only allocate your risk capital understanding that nothing is guaranteed. There will be wins and losses in the lives of all traders and investors
all traders and investors.
Author CryptoCay @capmex
Full disclosure: The author has holdings that include the cryptocurrencies mentioned in this article.
The content in this article is for informational, educational and research purposes only. Please contact and consult with a competent licensed financial advisor before investing in any financial instrument, or using any information/ market data provided or news commentary, as it has been provided for informational purposes only. Trading involves a high level of risk and all ideas in this article are the opinion of the author and should not be construed as a recommendation to invest, trade, and/or speculate. Any investments made in light of these ideas or forecasts expressed or implied herein, are at your own risk. I am not an investment advisor and do not a recommend that anyone buy or sell anything mentioned in this article.
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STOPGreat Post @capmex.
I also have a lot of respect for Cliff High and your insight has provided a good launching point for me to further delve into the fascinating realm of cryptocurrencies. I am focusing my research on some of the alt-coins you highlighted, such as Ethereum, Veritasium, LiteCoin and TenX. Just too much stuff to read and due diligence in the ether can make the difference between boom and bust. Feel free to write me back with any other tidbits (which I will accept with liberal grains of salt).