2017 Biggest Cryptocurrencies ranked by performance
There were many coins that did 30x, 40x, 50x (US Dollar return, not Bitcoin return) in 2017, and all you had to was hold. That is the key to this game. For most large cap coins (coins above a $10 billion market cap) I wouldn’t expect more than a 1,000% gain in 2018 at the most. If you want big returns, you have to find coins that have small/micro market caps. It’s the easiest way to see a 10,000% return. Which I will post article and show you starting Feb 11th!!
Your investment multiple gets decreased each time a coins market cap increases. For instance if you buy a Coin A at $1 million market cap versus Coin B at $5 million market cap, and you sell when it hits $100 million market cap, here is your return difference: Coin A = 10,000% & Coin B= 2,000%.
That’s a big difference. If you put $1,000 into each coin, Coin A’s value would now be $100,000 and Coin B’s value would be $20,000. Both are great returns, but one clearly did much better than the other.
Let Me Drop A Gem
The market cap for crypto is still super low, especially after the market price cut in half compared to other markets. For instance, total gold market cap is around $8 trillion (store of value) and the NYSE is valued around $21 trillion per NYSE Data. Me personally would top this crypto market around $10 trillion before we see a long-term bear market. This may seem quite large, but considering cryptocurrencies use case as a store of value, it could replace offshore bank accounts. There is an estimated $21-$32 trillion stored in offshore accounts per Tax Justice Network. Just imagine If company can make secure wallets and platforms where the big dogs could use the tech. Game changer and that's why privacy coins will become all the more important in 2018 as people look for a place to store their assets and money in something similar to a “Swiss bank account.” Coins like Monero, Zcash, Zencash, Sumokoin, and more to thrive this year as more people look to move their assets and money anonymously.
Get Ready!! Its more to this than having money investing and trading. You have to use marketing, strategy and intelligence. I have all three. I hope everyone sticks the entire 2018 and beyond with me. It will be worth it. Through the ups and downs. Cryptocurrency Member 2018 is our year!!
So good for post.
Thanks i am always share good information about Trading and Crypto