CRYPTOCURRENCY HAS COME TO STAY

in #cryptocurrency6 years ago (edited)

crypto.jpg

What is cryptocurrency ?
It can be defined as a virtual currency for instant transaction without intermediary ,it is a digital or online money. Also many scholars have define cryptocurrency has a peer-to-peer transaction that is ,no intermediary between the buyer and seller .Cryptocurrency as an important role in our modern economy, and its has been seen as a new economic world order “ NEWO” .

Investing in cryptocurrency has been largely profitable, and risky ,this depend on the time you got in , just a year ago 1 bitcoin was what $1000 ,as at december 2017 one bitcoin was worth 19000 dollars , currently the value of bitcoin has dropped from $19000 to $5750 you could have made tons of money if you had invested in bitcoin or other cryptocurrencies before december 2017 on the other , if you invested in bitcoin during this all time high of december 2017 you would have lost 75% of your investment,due to the downward trends of all cryptocurrency.

Indeed , cryptocurrency is a promising venture ,it is in embryonic stage,for example bitcoin have been on the scene since 2009, and every other altcoins are below four years old ,As such, there is room for further improvement. And the best time to get in is NOW…..

Although there are various abnormalities associated with the growth of cryptocurrency in our society ,but the potentials at weight the difficulties...it can only takes time ,remember ,every good thing on earth is worth waiting for,perseverance they say is the only path way to the palace .

It is my humble opinion that we traders, investors, holders, exchanges ,social media ,news outlet and many more bodies, should give cryptocurrency the maximum support needed for effective growth .Lets not chase this New Economy World Order .NEWO is here to set the base for a new economy world order,a world of finance were individuals ,groups,rich or poor have maximum control over their resources with less or no government intervention...CryptoCurrency is here to Stay ,the best is yet to come ,let's embrace it before it's too late.

Follow me on Instagram @perrycreative
https://web.facebook.com/perrycreativearts
https://web.facebook.com/pg/cryptotrader.perrybtcgroup
Thanks for your audience.

Sort:  

I've already watched my investment tank so much that I have no emotion on the market. Which makes holding much easier. Plus didn't put more than I can lose.

You got a 13.64% upvote from @upmewhale courtesy of @perrybtcgroup!

Earn 100% earning payout by delegating SP to @upmewhale. Visit http://www.upmewhale.com for details!

To listen to the audio version of this article click on the play image.

Brought to you by @tts. If you find it useful please consider upvoting this reply.

You got a 3.21% upvote from @postpromoter courtesy of @perrybtcgroup!

Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!

I am new here and i am just understanding the whole concept about cryptos. Though i have a lot of questions on my mind. I am just wondering why there's always a change in the market values and if saving cryptos is risky or may turn out to become valuable in the long run?

perrybtcgroup (58) · 24 seconds ago
If you are a long or short holder, here is a perfect time to get in, cus most coins IE 85% of cryptocurrency are in their downward trends.. Get in ASAP...

Coin Marketplace

STEEM 0.18
TRX 0.13
JST 0.028
BTC 57709.05
ETH 3100.20
USDT 1.00
SBD 2.33