Why Crypto currencies are so fascinating!????
So I will explain.
A -> Might change everything we know
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As with all new great inventions, technology might change everything we knew before...
What does it change?
- Owning money like cash, but more secure and easy to use, but than again riskier from hackers...(ALL)
- Transferring money very easy and secure. (ETH,Bitcoin..etc)
- Money is International does not have a country...(ALL)
- Micro payments, Being able to pay really small amounts with no middle man. (Like Steem platform uses)
- Registering info in a secure cryptographic "unchangeable" way . (VEN WABI and many more)
6.... So much more innovation!!! Sooo much more!!!
B-> Investing is exciting!!!
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Why?
Lets say you bought 1000 USD from EURO it might go %30 up or down in a year and that will be considered a really big change.
In Crypto currency that might happen in a day....
Why?
All Crypto's behave like Start ups... they might change the world!!!!
MIGHT! Again I say might!
Just to read and know 90% of startups failed!!!
https://www.forbes.com/sites/neilpatel/2015/01/16/90-of-startups-will-fail-heres-what-you-need-to-know-about-the-10/#665f3cb76679
C-> Failing? Not me!!!
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After saying all that please remember that in crypto market there are not enough regulations!!!
That is why pump and dumps happen, that is why companies like bitConnect did exist and we have a lot of scams...
That is why my prediction is that much more than 90% of all crypto market will fail!!!
Soooo?
Is it still exciting when most of the market will fail?
That is what makes it much more exciting!
Because everyone can participate in this ecosystem! It does not matter where you came from!
That is why so many people are trying to put their money on the right winning horse...
Please remember this market can go back to where it was 4 month ago (I don't think it will but it might)..
In technology companies rise and fall much faster than in other fields that is why even Bitcoin and ETH that are leading the pack might be much smaller than they are today...
If you pick the winning horse that might not be even running yet you might get really rich!
D-> I will be the next Novogratz
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Last words...
If you would have bought 100 Ethereum coins for about 100$ in January 2017 you would have had by 25 January 2017 100,000 USD !!!
There is no other investment that most people know about that mad this much profit, in such a short time.
So why do people care?
Because people know/believe that they will be the next Mike Novogratz
Image from https://www.ccn.com/
D-> When you take your risk/chance you are alive !!
No need to explain this.
Will you be the next Novogratz?
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This is not a financial advice!!
But I will be happy to hear your voice!!
Thank you!