Post
Topic
Board Trading Discussion
Re: Why you buy Cryptocurrency ?
by
wxa7115
on 25/11/2018, 19:53:22 UTC
Cryptocurrencies have been all the rage for the past year or so, creating substantial wealth for investors who bought these virtual coins anytime before the beginning of 2017. Some of the most popular, like Litecoin, Bitcoin, Ethereum, Stellar, Unity and Ripple, have generated enormous returns for anyone who bought, mined, or otherwise acquired these digital currencies soon after they came into existence. We are talking about gains of between 4,000% and 17,000,000% -- potentially life-changing wealth.

Well I was fortunate enough to invest in some of these currencies but was also fool enough to sell them for pretty cheap prices, so now I still am in the same financial situation then I was before investing in Crypto, although I have brought many things with my earnings but in the end zero savings, such pity. But yes it have been a pretty good journey from the start till it ends, many ups and downs, many scams, many heart breaking moments and many moments to cherish.
What you are describing is very similar to what many other uses experiment with cryptocurrencies, at first they buy because they are curious about the market and then they sell their coins for a price very similar to the one they bought them then they realize months or even years later that they could have made a lot of money if they just held their coins, that is the way most people learn about incredible profit that you can get in this market.

While it is very easy to see yourself getting incredible profits in the market but the truth is that holding your coins for a significant period of time is very challenging just look at the price that we are seeing and tell me that is not difficult to hold your coins.