At the beginning of the year, I learned about Cryptocurrency.
Bitcoin was already up beyond $1500 Aus Dollars. I thought I missed the boat :(
I started looking at its counterparts:
Ethereum: was $19 AUD
Ripple was under 1 cent.
Litecoin was $2
Dash was $30
And King Dogecoin was 7000 coins for $1
Why not throw $500 spread around this stuff. The word on the street was it'll probably go to nothing and Bitcoin will pop and go back to its nominal value of $0.00
Here we sit and the $500 still invested into Crypto is now worth $20000 plus. You could say "why didn't you invest more?" You have to think of the mindset at the time!(February2017) this was new. Infact 1 day before the Ethereum alliance was formed. I was lucky that I read a tiny little article on news.com.au about it, and I mean, tiny article. Hidden amongst thousands of pages of BS.
You ask your friends about Bitcoin. They have no idea what you are talking about lol. So in my opinion less than 1% of the population know or even use Bitcoin and other currencies, here I sit and Ether is $550 AUD to sell right now. Wait and see when 10%, 25, even 50% get word of the returns this is making.
I still believe we are the beginning of all this. Every couch Captain is out there trying to read this like the stock market. Talking about "pullbacks, re-tracements, bubbles etc." I highly doubt this will respond like a stock market. My guess is this will peak then crash for good. Then the masses will return to Physical Assets. In the meantime, getting in now to things like: Ripple, Stellar, Siacoin, DigiByte, Bytecoin while these are all so cheap. Even Doge is still 200 coins for $1 AUD.
These returns could be yours. Find yourself some paper wallets, learn how to buy and sell and use Crypto. Soon your $500 will be worth more than the Gods themselves can count. Take a chance on Crypto. Nothing to lose and everything to gain. What's a $500 investment, a drop in the ocean of the years you will live. Ask yourself the simple question. " Do you want to be the one to miss out?"