Have you diversified your Bitcoins

in #bitcoin7 years ago (edited)

I keep researching every single day on the new and upcoming crypto's that are coming to market. The field is getting bigger at a increasing rate everyday. Soon we will be adding 100's of them each day. Many of them are just terrible pump and dumps but many of them are extremely well developed, thought out and hold a great deal of potential for earnings.

This all poses a great problem for Bit-coin to grow in the future months to come as people will have more options on where they choose to store wealth. Bit-coin suffers another mathematical issue it can never get past, there is only so much money in the world and it can only double so many times in a row before it's simply unable to do so anymore because the investment simply is just not there. So yes it's going to slow down in terms of the percentage of return it's able to give back to it's investors. $8000.00 is a lot harder to double in value then $60.00 as an example. Thus Bit-coin as a good return on investment I think is coming to a end faster then most may realize. So while everyone else is thinking Bit-coin is the be all and end all, I'll personally be looking for the next BIG thing before the rest of the people jump on board and pump it to the moon.

As everyone knows, Buy low, Sell high.

I hope this gives everyone something to think about and it helps some of you make greater gains in other crypto's. The future can be bright so long as we don't get to stuck on one thing.

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