Are you WAITING to make a FORTUNE?
There is no stopping the parabolic growth of Crypto currencies. We have not seen anything yet! We have not scratched the surface of participation into this FinTech industry. We have less than 0.001% of the population getting involved in cryptos. Starting this summer, we will begin to see the world turn it's attention to crypto currencies. The growth can not be ignored and the fear of missing out (FOMO) is becoming overwhelming. More and more news outlets are waking up to crypto currencies and are starting to report on it's popularity. The drive into crypto currency is a combination of freedom from central bank's tyranny and the potential for life changing financial gains. Cryptos also give close to 1/2 of the global population, who are non banked, a chance to participate in the global economy. As a result of this explosion, new challenges are arising. In the not so distant past (7 months ago), you could set up an account at a crypto currency exchange, such as Coinbase in as little as 7 days. Good luck with that today! It takes weeks, if not a month, to get an account now due to some 40,000 people a day signing up. I remember putting in Coinbase orders and getting my Bitcoin, Ethereum or Litcoin in 3 days. Not now. It takes 9 + days to get your coins in your account now. Any of the crypto channels will tell you how it is a good idea to get your coins into your own cold storage (paper or hard wallet). Well, some of the more popular Hard Wallets such as Ledger Nano S have a 2 month waiting list! I received mine from France, where they are made, in one week. Those days are long gone.
The point I am trying to make, is that as crypto currencies climb parabolic (potentially for the next 8 + years), it will take longer and longer to get what you need/want. Do not wait. As I have always said, every 24 hours you wait, it will cost you in opportunity and gains.Here is a good clip from the Keiser Report (about a week ago, but still relevant) that YouTube Channel BitCoinBoy posted:
Mind boggling for sure....
It looks like crypto is here to stay. It will have alligator (ups and downs) growth but seems to be where the financial action and growth is.
Yes it is. The money to be made is.... mind boggling.
And the wealth transfer..
I get my crypto's instantly on coinbase if using a debit card or paypal... Although, I do agree we have seen nothing yet in regards to the growth in the market as a whole ;)
Do you mean your transaction on a coin purchase is instant on Coinbase? I meant, it takes Coinbase 9 days to get my ordered BTC, ETH or LTC into my account so that I can down load it onto my wallet.
I can purchase from coinbase, and then transfer to my wallet within minutes. Or send else where, like Bittrex, etc...
I have used them for over a year and it used to take 3 days to receive my BTC and now it is 9 days. This includes LTC purchases as well. You will have to show me how you get your coins so fast on Coinbase! Interesting
I must be crazy then =P
Unless it is because of your Debit card versus my bank checking account. I set up direct withdraw from my bank to Coinbase on purchases. Maybe that is not an instant transfer where your Visa or MasterCard debt card is faster. I will check into that.
If you have it taking directly from your bank, it will take 7-9 days. Visa debit card is instant.
Thanks for the info and good news! Followed
Glad you enjoyed the article. Thanks for following. I will follow as well!
The Blockchain will change the world a lot sooner than we think, a few of the projects on the way are game changers.
http://veritas.veritaseum.com/index.php/blog
https://blog.bancor.network/
Check out Clif High and what he says about Crypto and where we are going. Current Market Cap is 105 Billion, next stop 1 Trillion. As you say were only getting started. Fortunes are being made very little being lost at present. Currently, only way is up.
Yes, been following Clif High for three years now. I agree with you 100%