Knowledge is power
It's no secret in 2017, that cryptocurrencies are HOT! and no longer just for geeks, (no offense meant).
2017 has been an incredible year for bitcoin so far, It may surprise you to know 365 days ago Bitcoin was worth just $574 a coin, yet her we are just a year later and Bitcoins are $4,320 each, that's incredible growth for something that doesn't even exist in the real world.
Have we missed the boat?
Well its never to late to invest, but unless your already rich, buying some whole bitcoins might just be beyond you (& me), but we can still buy bits of bitcoin (known as satoshi's after the creator of Bitcoin ) and we can still enjoy a nice profit, should Bitcoin continue to grow as many expect it to in the next 3 - 5 years or so, with some big names dreaming of a single bitcoin hitting the 100's of thousands, if not millions of dollars mark.
Altcoins to the rescue
My research has only taken me back to June 2017, but there has been some great investment opportunities, such as Neo, Litecoin, Monaco, Lisk & OmiseGo to name just a handful of great wealth creating coins.
Take a look at the following chart, it makes for eye watering viewing, data has been collated from June 2017 to today Aug 27th (all prices correct at time of creation), where possible.
When we think of market leading , profit creating Cryptocurrencies, we think of Bitcoin, Ok so bitcoin is by far the most successful coin to date with the highest value, but unless you got onboard in the early days, most of us are too late to the party to see the kind of growth Neo, Litecoin has produced since June 2017. That being said, remember Bitcoin isn't finished yet, and could well end up sitting pretty on the moon surface, donning the crown of ultimate cryptocurrency king.
Heres some more data to browse over:-
And lets not forget Neo, has been as high as $50 plus, One thing is certain, Cryptocurrencies can make you rich with the right moves, and there is certainly some great upcoming coins to look out for including Tenx, Civic, district0x, and ripple.
The important part is do your research, find something you understand and believe in, and buy in early. The next 3-5 years is going to be interesting to say the least...
Happy investing, and best of luck with your chosen coins.
Paul