Exciting times now we have entered halfway into February, after the December 2017 massive move in value on Bitcoin and many Cryptocurrencies. A well needed reversal from excessive highs has happened, where are we going now?
Everything happens for good reason (something I have been reminded of over the years), lets go back to 2008 when the start of Fiat currency around the world started to tumble, by 2013 Bitcoin was being more recognized and discussed, more more people started taking interest in blockchain technology.
An express highway out of Fiat Currency in Cryptocurrency was in the making.
People lost confidence in Fiat, some lost their homes, others lost businesses, sanctions being imposed on many countries, hardship and tightening economies happened in many countries around the world.
Distrust crept in, like a thief in the night, people started making the decision to use new technology in cryptocurrencies rather than investing into Fiat money.
Cryptocurrency offering interest where Fiat currency has stagnated, many have started making the move to cryptocurrencies, as was witnessed during December 2017.
Bitcoin for many is now out of there reach due to higher value, cryptocurrencies on the other hand, will lead the way forward enabling contracts, buying, selling moving with the right choice in coins. NB: Research before investing is the only path to follow.
"Logically" speaking bankers say they don't perceive Bitcoin as money, CoinMarketCap estimate the world's virtual currencies at aount USD $432 billion, is that not enough?
Yes coins big and small will encounter up's and downs, it is still very much an issue on how you treat information and news, some is reliable, as we know not always, investigate for yourself. Government's will get their taxes the minute your coins come back into Fiat currency exchanges.
Using smaller cryptocurrencies makes transfers cheaper, quicker and in many circumstances private. Exchanging these smaller coins for services or goods saves you time and money.
Golden opportunities do arise in crypto, it is recommended to start using smaller coins, once you have gained sufficient knowledge you may decide to slowly grow investing into larger value coins.
Deciding factor is not only on earnings, it is the knowledge, gaining that knowledge now, keeping up to date with new technology. The children now in their teens will not wait for old fashioned governments and bankers to make decisions for them, they are using Cryptocurrency daily.
Summary:-
Cryptocurrency is here to stay, whether governments declare local smaller donominations within their region, this technology has become embedded into our daily lives.
The very fact that you have used Fiat currency to purchase Crypto gives Crypto a value, not only in numbers but the fact that original Fiat currency was used in the purchase. (Unless bankers are saying their Fiat is worthless?).
Adopting new technology now will assist you going into the future. Fiat currency is fickle, Cryptocurrency is volatile! Fiat currency is Paper, Crypto is Zero's and One's.
Looking to start somewhere small, my choice is Superior Coin who are hard at work developing and introducing many new fields within the reach of ordinary people.
Disclaimer:
This is for information purposes only. I am not here to endorse the website or their products and services. All investments have risks. Caution is advised and a thorough study of any company or ICO that we wish to participate in. Thank you.
Affiliate Link to Superior Coin via Kryptonia, this site offers earnings as an Affiliate and is not MLM (Multi-Level Marketing). https://kryptonia.io/?ref=3EZ2DMW2BK Please always do your own due diligence research.
