It’s happening Steemers.
What’s going on Steemers! A recent article I read today peaked my interest. The huge news was that cryptocurrency hedge funds just reached 226 globally. THATS HUGE! This type of news I love to hear because it shows that not only is the public adopting blockchain and cryptos, but the people with the massive amount of money and power are going to make the smart choice and switch to blockchain technlogy. And according to Autonomous Next, hedge funds trading cryptocurrencies has more than doubled in the past four months. That’s extreme growth when you’re looking at hedge funds.
Now this is amazing news, but isn’t the big picture. This shows more substantial amounts of money entering the crypto market, growing the market cap and investors bank accounts. We’re looking at more steady growth, not like we used to with extreme volatility. Now don’t get me wrong, we are still very volatile compared to the stock market, but compared to a couple months ago it’s not even close in comparison. Here’s the cryptos that I’m invested in as an example of their chiaroscuro the last week or so.
With these four cryptos, and many more you can see they are way less volatile compared to 2017 and they are actually making steady increases of growth which is amazing! This goes to show that right before our eyes, cryotocurrency is taking the next step to reaching the mass adoption. It’s almost like yesterday everyone was a skeptic and now today billion dollar corporations can’t get their hands on it quick enough.
Lesson of today is HODL your cryptos because they are going to be way more valuable than you have ever dreamed of. We’re in this for the long term to make a fortune and for those investors smart enough to take a leap of faith, invest a decent amount of money and HODl while the coins shoot up and shoot down, I respect your patience and it will all be worth it sooner or later. 2018 is going to be an amazing years for investors and I’m very excited to see what’s to come for us.
Thanks you for this valuable information.
What are your views on other cryptocurrency, currency like Dash ?
Your very welcome, Dash as a Crypto has the right to be top 25, but for investors it’s very pricy. If you’re looking to make some serious money invest in 0x (ZRX), Steem, UKG, and Omisego.
Thank you. I will do.
Curious, I don't know anything about UKG. Have you written anything about it?
No, but I’ll write a post about it tonight!
Thanks! Looking forward to it tomorrow morning!
thanks bro for this valuable information :)
looking forward for your more valuable posts
keep it up
I'm just getting to cryptocurrencies but I know I still have an opportunity to achieve my goals. hahaha good post, greetings
Wow that could lead to a massive spike.
i think steem again going to 10 doller in 2018
We will definitely see a lot of adoption this year but considering we are still relatively at the beginning of the journey I don't this will be the year with the greatest adoption.
That's really is true , crypto is reaching fastly into the minds of many people and people are adopting the blockchain technology in all their companies . Soon in the next few year you couldn't see a firm without adopting this technology . Just like the internet pop-up , crypto will invade everywhere into the school .You had some good ways of selecting the coins . Thanks for sharing your insights bro :)
Exactly!
I hope you are correct that cryptocurrencies will continue to increase in value. With more public adoption im sure it will happen. Thanks for the detailed article!
Unless a meteor hits the watch and destroys all computers, then cryptocurrencies will keep rising, but your welcome!