As we are in this New Year 2018, more and more people are entering this world of cryptocurrency as investors. I happen to list myself as beginner. There are major website and article all around the internet speculating about the future of Cryptocurrencies. Speculation again are of two kind, positive speculation and negative speculation. These speculation will kill the enthusiasm of young investors, who all want to make money out of this.
First, I will discuss positive speculation, they will give you trend analysis, pie-charts, bar, graph and what not speculating the trend of various CC this year next year every week and month. (From here on I will call them Cryptocurrency as CC, Typing becomes easier :-), not that I don’t like, but it makes life little simple). Every time you see these prediction/speculation and invest your hard earned money into predicted CC, you end up seeing downward spiral. I am not giving specific examples, I am just trying to generalize. People or sites may beg to differ from my opinion. I have faced it multiple times and so do others who will agree with me.
Next, I am going to refer to negative speculation, where sites and articles will inform that most of the CC around 70% of them will crash. There is no governance or control over these CC. These are used for illegal purpose and what not. Even few Government, including the one from where I belong issued warning and tagged these CC as illegal tender. People speculate this is a boom and bubble is going to burst, Blah! Blah!
Now, let me ask you something have you guys noticed both the realms, whenever you tried to gather some information around CC.
One thing I can vouch for is CC IS HERE TO STAY for long time. This is going to be a game changer for transaction of digital platform. If we remember our evolution process from Ape to Civilized human being, lot has changed. Earlier we used Barter system for any goods or services, later it moved to bills and now CC, which is in its nascent stage. We have always opposed change, be it towards behavioral, educational, social, technology, etc. But we need to learn that change is not always bad, computers did not eradicate jobs but created many. So will the CC do, it has the power to make people rich and earn millions and also revolutionize the transaction process making it fast and simple.
How can this technology be termed as “Fake and Ponzi”, when it is being backed by the world leaders, whom I believe have made more money than anyone of us? I am talking about the likes of big investment banks, Amazon, Microsoft, etc. They know where the money is coming from and what in future will be source of money. They have rightly invested in CC, with their foresightedness and analysis. CC world is new and growing at a very good pace. It is also giving amazing return for money
Hi Guys, I am new to steemit. I am HR Profession from India and I love to write. I do investment and try to maximize my income through various means. I plan to attain retirement status by age of 48. I am currently 33 years old. I love to shop (instinctive shopper), travel and enjoy live with optimism. Hope to get your support on this platform on my blogs.
I am open to feedback (positive and negative) and will be entertained with open arms.
Do let me know the topics you want to hear from my end.
Cheers,
Partho Chakraborty.