As you may or may not know, I am a 14 year old silver and cryptocurrency investor, but recently I have been pondering on the thought of one thing: selling silver to become a crypto millionaire.
Now I understand there are die-hard silver collectors out there who believe in silver so much and just buy and keep it for the future, which is what i'm planning to do as well, but I have also devised a plan or idea of how to make more profit in a faster time frame. Recently, I have been starting to seriously invest in cryptos, and I have seen the true power of cryptocurrency and the significance of it and how it can change your life for the best or the worst in a split second.
Now keep this in mind, I have put in a little more than $200 bucks into litecoin from money I have earned on steemit, and within the timeframe of a month it has doubled and now I have more than $400 bucks, which is crazy. Oh wait? Did the price of litecoin go up again? Woah! Guess what I have almost $500 bucks. Damn.
What I love about cryptocurrency investing is if you play is correctly, it could pay out big time and you could potentially become a cryptocurrency millionaire if you know what youre doing. And the thing about silver investing is the price of silver is heavily controlled by the govornment, and I don't see the price of silver to skyrocket anytime soon, although, I do have faith in it though.
I was pondering on the thought of selling half of my collection and putting it into cryptocurrency. The main cryptos I was thinking about investing in was litecoin, bitcoin, and ethereum/ ether classic. Those cryptocurrencies, to me, seem the most promising and solid. Cryptocurrency is decentralized, unlike silver, and you could make a faster profit and the process of gaining more profit is way faster than sitting on your silver.
I do believe that silver has a significant value in the market and may or may not go up in the near future, but I think it is smart to diversify into cryptocurrency and play the market. I will of course still invest in precious metals as well, but I think cryptocurrency is my key to a better future.
Ever since I have more than doubled my money by investing a little money in litecoin, it has really awakened me to the power of cryptocurrency and investing.
