Hi Steemit!

Recently I made my first 'large' investement in the cryptocurrency Gulden (NLG). I wanted to ask any of you crypto-lovers out there what I can expect in the future of this altcoin.

Gulden is currently placed 60th with a market cap of $42,166,630 (or 14,583 BTC) on coinmarketcap.com.

After a period of being around the price of $0.05 a week or two ago it suddenly rose to $0.10 and later to $0.14! I closely followed the market price, but didn't really know what to make of it, because I'm still a huge cryptonoob.

Gulden price in $ and BTC for the past month

source

I made my investment when the price was around $0.13 because there was a lot of talk about it rising to $0.25 at the end of the summer and maybe even over a dollar at the end of the year. This would be because of the soon to be integrated PoW2 update, which will make the blockchain technology more secure and faster.

My question for you is: is this realistic? Did I make the right choice to invest at a price of $0.13?

My aim is to settle down for the long term and just sit on my assets. I think Gulden has a lot of potential and I trust it a fair bit.

I would love to hear your opinions!

Cheers.

Richard