Why Christmas will boost cryptocurrency prices

in #cryptocurrency7 years ago (edited)

These 100 words explain why I think Christmas provides the three perfect ingredients for boosting cryptocurrency prices.

First, people withouth coins get the 'fear of missing out' because so many of us make big profits right now. Second, the omnipresent end-of-year bonus ($, €, yuan, ...) feels as spare money you can afford losing. Third, most of us have days off and thus time to investigate how to become tomorrows millionaires!

For these three reasons, I expect that many people will to buy their first coins with Christmas. Doing so will boost our valuable coins, which is good for all!

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Very possible. People have high hopes for 2018, and lots of altcoins like Ripple and Monero have a promising year ahead. Ripple can't be stopped because Banks are ramping up to replace the Swift Network with it, and Monero because privacy will become important as regulations and tax agencies crack down on crypto traders. Lots of money to be made buying into many different altcoins right now.

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