Why I believe IOTA will rise again soon
ME AND IOTA
I consider myself to have join the IOTA party late, at 1.92$ , having looked at it first at 1.30ish but since I'm from a second world country I wasn't able to buy them when I want to. I have to send money to a friend in germany via Paypal who then buys it for me and sends it back. This takes some fees which raises the Price Per MIOTA for me.
I first heared about IOTA in July and since it was brand new I didn't fancy it. Looking at it now, I could have bought at 0,25$ each and made 20x the returns when it rose to 5$ few days ago but I don't regret anything. Why?
Because I am a true IOTA believer and enthusiast and I love the whole Internet Of Things concept. It is truly a wonderful time to be alive in every sense. This is some game breaking stuff happening and we are here so early on.
I am 26, I wasn't born on time or had money to invest in steam engines when there were only horses around, in petrol gas, railways, airplanes, electricity, the early Internet. All these things that greatly reshaped the world around us. If you had invested any amount of money into any of these you would have gotten major returns.
My opinion is that cryptocurrency is the same, it is a game changer, revolutionary, and exciting. It is probably the easiest way to start investing and my choice after a lot of research is IOTA.
"Data is the new oil" - David Sønstebø
“At present, up to 99 percent of this precious data gathered is lost to the void, IOTA incentives sharing of data through its zero fee transactions and by ensuring data integrity for free on the decentralized distributed ledger.”
THE CURRENT PRICE
The price has consolidated around the 4$ mark for the last 5 days and I think it will take it another 20-25 days to continue growing. It reminds me of the Litecoin price around 105$ for a month. Everything was moving up and down but the LTC stayed around 105$. But after about a month of stability, it got to 300$ in 2 days! I'm hoping for the same with IOTA. It may not get the 3x raise but I think a 8$ price is very possible at the end of the month/ start of new year.
MY PLANS
As much as I enjoy spending time watching the IOTA price, I want to do more, I want to make something useful. Something that can be used in the IoT. I've started a group with some friends who are Bachelors, Masters of Computer Science or have a long history in IT and they are very thrilled about IoT, we are learning some things ourselves and are making plans / talking about ideas to actually make something ourselves.
We believe getting in early is a huge advantage, and having a own physical product/service/software is the biggest of them all. This is a part time thing for all of us at the moment since we all have work and families but I believe we'll manage it all.
If you believe in IOTA and you have some programming knowledge or you are just curious, don't just invest and wait for the money to come. It will come faster if you do something about it. Even if you just tell and explain others about it, it helps!
This hasn't been a short read, but I hope I have inspired you to do something with IoT instead of just waiting and I'd like to thank you for your time :)
Truly Yours,
Clairvoyance.
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