Overnight millionaires are popping up all over the world and trading at the right time has proven to be the catalyst for these luck folks. When I started Steemit over a year ago Bitcoin teetered around the 250 to 500 dollar mark per coin. This was an amazing feat and also proved the stability and the possibilities of what could be in the future.
Now only a year later this digital bomb has surpassed the 3K mark and shows no signs of slowing. Great "Yes", but what happens when the ceiling is reached and the price reaches a point where investing is too costly. Will the market then level out and slowly fade or will there finally be a price that all of these guys feel is good enough. Then the Dump will ensue, its enevitable with such a rise in price. There is always a ceiling and I fear Bitxoin is getting close to reaching theirs.
Hold the other currencies close, specially those hanging around the 1 to 10 dollar mark. The ones who have held at that point for the entire time. This to me shows more stability than huge inflation and a push for cornering the market. I am no expert but my advice in what I have researched, choose wisely and hold tight.
Steem
Litecoin
Dash
Ethereum
These are a few to watch, but get in now before they reach the Bitcoin threshold.
Thanks for reading