CRYPTO CURRENCIES @HIGHEST MARKETCAP -- BUY OR NOT -- 28 NOVEMBER 2017
Here is the most common question raised by some people who are willing to invest some of their capital in crypto currency.
Is it already late to invest in crypto currency?
The simple answer is NO
People think that the price of bitcoin or some other top currencies are already high that it will not be much beneficial to buy now.
What i say is it's never late to but crypto currency, until you are willing to do so.
I remember few days earlier someone transfered me 1000000 dogecoin as a payment of my project which i exchanged to bitcoin.
Now the dogecoin has jumped a lot.
Another example when someone gave me ethereum last year, i see the growing potential because of its use and decided to hold it, the massive price growth has given me a lot of profit few months earlier.
Another example where my 3 years old wallet has 0.5 bitcoin which i was unable be cashout due to strange exchange process that time in my locality and i forget that wallet, recently i logged in and got a crazy surprise.
When amazon share hits 402$ in 2014 many people says its too high and time to take profit but see the price now.
There are many examples out there.
The point to raise here is
The price can go high or higher but not the highest, so its always the best time to buy
But the clarification to make here is that low volume and new born currencies has more potential to grow in terms of percentage or folds.
Remember we are only talking about crypto currency this rule doesn't applies to stock or shares.
Make wise decision today for better tomorrow.
If you have a low investment try to pick the lower price currencies in bulk quantity, buy and forget.
There are many filters out there on how to select the currency you want to invest in depending on their use, blockchain and other factors. I will try to discuss that in my next post on how to select the asset that may have great potential in future.
Announcement: I have launched a investment project on steem with my friend @mohsee74. Please Click here and have a look to the introduction post.
Please comment below if you want to add something.
Thanks for reading
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