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RE: Calm Down! A Few Thoughts about Investing and the Ups and Downs of the Cryptocurrency Markets
I think 2018 will be a great year! In 2017, we saw the industry go from "nerd money" to "somewhat known," and market caps grew from $18.3 billion in January 1st to over 0.5 trillion as I write this. I think 2018 might be "the year of the alt coin" as people more and more realize there's more to cryptocurrency than "just Bitcoin." Just earlier, I was reading about the Facebook-Litecoin connection... I think we will see a LOT more things like that.
And you're right, the longer you set your time horizon, the more stable your upwards curve looks.
ahh the good old days of double digit billions.... yes this year was one hell of a ride. I also heard the rumor of litecoin to Facebook... and picked some up on the dip, yeah I bought it with other crypto so it is more like jumping from one ship to the next as the ocean keeps rising. It is going to be fun to look back at the good old days of only .5 trillion Market caps. And facebook accepting litecoin we can go tell the users hey check it out they accept it but don't pay it... want to earn some crypto for your efforts... come right this way we have a super fast free to use crypto called STEEM and oh yeah you hold the keys to your own social presents on STEEM... so many good points to bring them over to the STEEM side of the force.....