Everyone is so focused on Bitcoin they forget about Monero. What people fail to remember or know is that like Monero, Bitcoin started in the underground. For a currency to really take off and have value it needs to be used. People rant and rave about Verge but no one uses Verge.
Digital currencies grow because people want to move money so pump money in and the price goes up.
Look at the Monero/USD chart for 2017, do you see a trend?
what does that trend remind you off? doesnt it look like this?
What is this....????
This is Bitcoin 2017. With Bitcoin predicted by many to rise to as much as $70,000+ by the end of the year.... what price do you think Monero will be? 500-600? More like $5000-6000. As it say in Dow theory, everything runs in trends. Monero is steadily going up, No mad dumps like LTC. Even Litecoin owner dumped his coins, what does that say about LTC.
This might sound crazy but if you have 10-20 Bitcoin and it goes to 70,000 that is touching a million - million and a half. What are are going to do, invest in other tested coins. Which there are only a handful, Monero being the KING as its untracable.
I will leave you with this question.... HOW MANY BITCOIN WOULD YOU BUY IF BITCOIN WAS $300?
Legal Disclaimer: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
Wishing you massive profits in 2018.