THE CRYPTO BOOM (invest on a budget)

in #bitcoin6 years ago

So crypto-currency's are a growing thing in 2017 and many people are choosing to invest at the moment. So what is the best currency to invest in whilst on a budget?

My opinion is that in 2018 crypto currencies will become a new technology that more and more people start to use so they will move out of the Niche market into a mass one. This will result in a increase in the price of various crypto-currencies and an increase in people investing. The following are a list of the currencies that would be good to invest in and why. As this is my opinion please dont take my word for this as i may be completely wrong.

Bitcoin- although the bitcoin market is very saturated and a high price (currently standing at $17,000) bitcoin is still rising strong so if you invest now it will most likely rise even more. My opinion (dont take my word) is that bitcoin will probably rise to $50,000 or even more so if you have a high budget then buy some bitcoin. Unless you have a proper bitcoin miner then i wouldn't try and mine as it will not be profitable doing GPU, CPU or graphics card mining.

Steem- for me, steem seems like the best bet as it has a low price of around $2 currently so thats why after Christmas i am hoping to invest £50 in steem. My hope is the currency will rise to £10 as the site D-tube is starting to grow which operates along side steemit. As D-Tube grows so should the amount of traffic on steemit and therefore the currency.

Sort:  

Thanks, i agree with your analysis.

happy to help : )