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.
Of course, the most important reason for buying cryptocurrencies was and is the desire to make money. For many people this is the only chance to significantly improve their financial situation, so I was no exception. But I would also like to note that in addition to financial interest, I also have an interest in blockchain technology.