WOW guys, Bitcoin was so close to hitting $3,000! It topped out at about $2910.44 were going to see it hit $5,000 before you know it and I'd say $10,000 isn't far down the road... This is so amazing to see and Bitcoin holders must be proud!
We are tired of the fiat currency and want to put our money somewhere that feels safe to us, to me the cryptocurrency out there will always move up when people see stress in the stock markets and in the economy. Many of us should be able to see that were in a major bubble and we want our money to be worth something if the economy turns disastrous! In my opinion Bitcoin and other coins like it will act like gold and silver when the economy crashes... Older folks will say I'am crazy for making that statement and younger folks can probably agree with me.. Swiping a card or having money but not actually having it in your hands is kinda what the youth is used to, it's how we grew up and almost all we know... That can both be good and bad, but today I just want to highlight the positives!
If you're new to Cryptocurrency and are afraid of spending that much money on one coin here's some other coins to look into.. This list is the top 25 from https://coinmarketcap.com/
I'll breakdown this list a little bit and talk about some of my favorite coins, if you have a favorite comment and let us know what you like most and why.
Lets start with talking about Ethereum (ETH) it is the second most popular coin to mine for or buy. It's current price is at $395.27 and is up (0.03%) in the last 24 hours. This coin will continue to do well for awhile but I do believe it will have to fall at some point.. It's like a gas there will always be ETH unlike bitcoin where it has a Cap a 21 million coins.. Could someone please explain to me why they like Ethereum so much?? To me this coin is cool but I feel like it could act just like fiat currency one day, maybe I'am wrong but I need someone a little smarter to explain all the hype over this coin.
Also saw this video today that got me questioning more.. I'll have to do the research myself but this was a good video.
Ethereum Linked To Bilderberg Gets Putin Endorsement - What You NEED To Know! By: Press For Truth
Great video, add Press For Truth to your notifications on Youtube!
Zcash (ZEC) is probably my favorite coin so far.. Very proud of this coin, it made it to $421.06 today and is up (27.62%) in the past 24 hours! Just back in May it was only around $100 this is a huge jump for only a months time! Just like bitcoin this coin will have a cap at 21 million, no more no less.. ZEC is a fairly stable coin not many hard down days just constantly going up and normally not in huge jumps which makes me feel better to. I like to see steady growth. Although ETH is giving bitcoin a run for their money I think we will see Zcash have some very big leaps in the next 5 years or less... This is by far the best coin for the price in my opinion:)
Monero (XMR) is my second favorite coin, it's currently at $52.91 and is up (2.03%) in the past 24 hours. The price for this coin isn't to big of a risk and with how popular it is at the moment you know it has to go up at least little bit, but will probably go pretty far. This is one of the most commonly used coins on the darkweb since bitcoin is being held onto tighter and just cost to much to buy darkweb things.... The popularity of this coin on the darkweb should be a good sign to you, because bitcoin started on the darkweb too, it made it's name there.. Coins constantly being traded for goods is always a great sign. It means this coin has been adopted and accepted already and there isn't much risk on investing into something like this coin.
Litecoin (LTC) is another well known coin and is very cheap at the moment for $31.47 and is up (5.08%) in the past 24 hours. The last time this coin was actually doing this well was back in 2013, but back then cryptocurrency wasn't as popular, accepted or from what we thought very safe.. Now that these coins can gain the popularity they deserve and have some extra safety this could be a very good investment option, as this coin will have room to grow. It also has a max supply 84 million LTC so one day all of this coin will be mined up or bought up and will most likely sky rocket in price like bitcoin and zcash will when there are no more of them...
Some other coins worth looking into would be BitConnect (BCC) which has a max supply of 28 million BCC and is currently at $53.38 and up (7.63%) in past 24 hours .. It's steady and has done pretty well, it also has a catchy name that reminds people of bitcoin so that helps in a psychological way.
And last I'd recommend looking into BitcoinDark (BTCD) cost at $66.75 and up (6.69%) in the past 24 hours.. Mostly because it has had a major jump along with the other coins, it's not at a bad price and that psychological effect might take over some people, I mean it literally has the name bitcoin in it lol...
To end this article lets give a big shout out to Steemit!!! Love seeing Steem Dollars (SBD) and Steem go up!! Always feels good to see a lil boost out there. If your friends and family aren't on Steemit yet invite them to try it out!!
Please feel free to leave your thoughts and opinions down in the comment section!
Stay Safe ~ Stay Woke