The year 2017 was a very crazy year in the crypto world. Cryptocurrency gained a lot of popularity and acceptance among people and this increase in demand, use and activity brought about a massive corresponding increase in the prices of these coins. The cryptocurrency world evolves very rapidly and it could be very difficult to get a hold of all the happenings. Hundreds of new coins/tokens are developed every month with each having the possibility to hit ridiculous price in just few months of activity.
Let’s quickly consider some stats.
Bitcoin
Bitcoin has a current supply of 16,778,512 BTC.
Bitcoin has a 36% crypto market dominance.
$4.9 billion volume traded in 24 hours.
There are 96 countries with unrestricted bitcoin usage.
331, 530 transactions were made in the last 24 hours.
Other Profitable Investments.
1. Invest In Your Health.
The saying goes: Health is wealth. In order to gather enough wealth and take advantage of the crypto boom, it is very essential that we, first of all, take good care of our health. Only the living can invest in crypto and enjoy the benefits, once you’re dead, all your patience, money and sweat will be gracefully enjoyed by your family. That’s not too bad. But point is, we have to invest a lot in our health. Try to eat good and healthy foods, exercise well and also rest well.
2. Invest In Your Mind.
There are various ways through which we can invest in our minds. We try to build up our minds by reading quality and educative books. Books that will make you grow as a person. You can also learn new things just to keep your mind sharp and active. You could also attend live shows, performances, listen to music. I personally find listening to music’s very soothing because it helps me relax my mind. Also,, note that we also have to keep the mind active, this could be done by playing games, board games with friends and other games that require calculations or strategy.
3. Develop Yourr Skills.
Developing your skills is not just centered around furthering your education, even though that is a large part of it, but it also includes staying ahead with the latest trends and advancements in the world. Like mentioned before, you could read books, magazines, subscribe to articles and journals covering different areas asides those you’re used to already. You could also make use of trainings to develop your skills. You could attend trainings, workshops, seminars and conferences just to learn new things.
In all these, we need to be intrinsically motivated. We need to do all these because we love to do them and not just because of what we will get from doing them. It can be debated, but in my opinion, I feel that when you’re intrinsically motivated to do things, you tend to get a better result than when you are extrinsically motivated to do them.
The year is still very young, we are just in the third day, so we have an opportunity to start well and try out these investments, HODL them for at least a year and watch your growth while enjoying the dividends.
