No risk, no reward.
Anyone that is thinking about investing in the Crypto Universe at this point in time has got to be thinking about 2018 and the money that they lost.
Nobody likes losing money.
Anyone that has significant stake in Steem was no doubt feeling really bad when we dropped down to $0.88 and then feeling really really bad when we dropped down to $0.21.
Now we are sitting at $0.27, and we've been there for about a week.
November and December came and went and there was no crypto rise up. All of the people that predicted $15,000 Bitcoin were wrong.
Now at least a handful of people are of the opinion that the actual bottom was sometime in December.
There's another set of people that are convinced that we are actually going to drop down significantly more.
Well stocks and crypto are a lot like gambling but crypto has been quite a losing proposition as of late.
Most people that I've talked to seem to be in agreement about one thing.
2019 is going to be a good year for cryptocurrency.
Does that mean the time to get in is right now?
Does that mean the time to get in is a month from now after prices have dropped down a bit more?
No one can predict the future, and no one can say what the prices are going to be like in a month.
The truth is looking now at these discounted numbers, each of us must keep in mind that the prices could rise up as quickly as they fell.
It wouldn't surprise me much to see $10 EOS in April.
$2.50 Steem in May.
$15,000 Bitcoin in July.
Any other random coin could rise up even more.
It could all happen a lot sooner than that too. It could be February when things really start to take off.
If there's one thing we've learned about cryptocurrency, it's that it is much harder to predict than any TA could possibly show.
My advice would be to take the amount of money or thinking about investing and start investing some now.
This is the time to start dollar cost averaging.
I should also say that there is at least a small possibility that cryptocurrency is not going to rise up this year at all. Don't put all your eggs in one basket.
This is not Financial advice I'm just some guy out there in the crypto world.
Good luck friends.
I bet on the cryptocurrencies, I am new in this world, I started in 2018 so I do not feel that I have lost, it has only been gain and good experiences, I hope it goes up and that this year it surprises me !!
Buy buy buy!
But slowly... :0)
I think I will.
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