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2083

Abstract

stages: expansion, peak, contraction, and trough.That applies to the crypto industry too. After two years of crypto-winter(contraction), it is time for Spring(expansion) followed by Summer(peak).Looking at it from another point of view, it takes time to promote any new product. The majority of people didn’t know Bitcoin until 2017 when the price hit the sky.Say thank you to the media who was screaming in the news that it is a bubble. That was the best way to inform the masses of this new type of investment. A negative advertisement sometimes is the best marketing strategy.When I ask these days people, if they know Bitcoin, the majority answer yes. Do they own; No. So when the price will rise again and they will talk about it in the media, a portion of them will buy. The more people buy, the more the demand occurs. The price will rise. It is an avalanche effect.They are plenty of rumors that the price will hit 50,000 $ or even more. Where there is smoke, there must be fire. Yes, but many rumors say Bitcoin will vanish. Two different and exactly opposite opinions. Why do I believe in the first statement?Bitcoin has a market capitalization of 162,628,727,089 Euro, the time this is written. That is a lot of money to just simply vanish to thin air. IBM has over a dozen patterns for Blockchain technology. <a href="https://www.forbes.com/sites/panosmourdoukoutas/2019/09/24/wall-street-paves-the-way-for-bitcoin-to-become-peoples-currency/#57275bb66102">Wall Street shows </a>interest for Bitcoin and <a href="https://www.thebalance.com/trading-bitcoin-on-wall-street-4173839">Goldman Sachs announced</a> in May 2018 that it was opening a Bitcoin trading desk.You see, the Giants from Tech and Financial Institutions are giving attention to this new kind of currency. To be more accurate, they are in a race for dominating the market. A lot of money is on the table, all want to have a share!Bitcoin or Altcoins

Options

? Stay with the King(Bitcoin), but play with other big players like Litecoin and Ethereum too. Other coins have true value too because they are solving real problems with this new technology.Take for example <a href="https://basicattentiontoken.org/">Basic Attention Token (BAT)</a>, a decentralized ad exchange platform built on the Ethereum platform. The project seeks to address fraud and opaqueness in digital advertising.Another great project is <a href="https://locktrip.com/?refId=41387">Locktrip (LOC)</a>(affiliate), a platform that aims to be Booking.com of the future. The main difference between them and the majority of hotel booking sites, they are cutting the middleman. Eventually driving the prices to be cheaper for the end-user. Comparing with Booking.com you can find reduced prices by 20%.Looking at the charts of bitcoin you will see that in the past halving-events the price was skyrocket. <a href="https://readmedium.com/bitcoin-price-has-recorded-its-best-start-since-2012-but-its-strongest-increase-is-expected-in-fd900940e8d9">I agree 100% with this study</a>, where you can find documented evidence about the influence of the halving-event, in bitcoins price.<h2 id="f999">Conclusions</h2>Yes, now is the time to take action. If you are thinking to get involved with cryptos, remember that all industry is in the newborn-age. You will not only invest in a new opportunity but you are also shaping the future of our society.My personal opinion is that who’s investing in Bitcoin, Ethereum or Litecoin now will have the change to multiply from 2 to 7 times his investment, until the end of 2021. Just HOLD and when you see the moon, you know… sell.The best is to invest a portion in each of them. Best risk management.The above is an opinion and is for information purposes only. It is not intended to be investment advice. Remember: Never invest money that you can’t afford to lose.</article></body>

Yes, Now It’s Time to Invest in Bitcoin

I Won’t Bother You With Indicators Like RSI, MACD, EMA, and ADI, in This Article. I Will Stay Simple and Try to Convince You, With Only Weapon, Logic.

Flying to Frankfurt, seating to the window and having this amazing view, is the perfect time to think.

The image is taken from an airplane by the author.

How do I perform? Is the crypto winter coming to an end? Should I invest now, or is it too late? Should I invest in Bitcoin only or in altcoins too? Does my life get better since I started investing in cryptocurrencies?

I closed my eyes and images from coinmarketcap charts are coming to my mind. Dozens of opinions and predictions are flowing through my brain. What is the evidence, what is best to do? I must do it right this time. I miss the party in 2017.

When you look at the prices of the top coins, you will see that they rise. Bitcoin value gained 50% from the beginning of the year. Litecoin approximately the same and Ethereum doubled his price.

And then I opened the eyes, saw the beauty of the world and had a great relaxing feeling. The sun will fall and rise again. Won’t disappear. Bitcoin the same.

Cryptocurrencies come to our society to stay. They are the new form of money.

The first cryptocurrency in history is Bitcoin, which first appeared on 3 January 2009. It is estimated that the last Bitcoin will be mined in 2140. From that point of view, you are an early adapter if you buy now!

Speaking with a lot of economic advisers about the crisis in countries, all of them have told me the same: The economy of a country goes through 4 economic stages: expansion, peak, contraction, and trough.

That applies to the crypto industry too. After two years of crypto-winter(contraction), it is time for Spring(expansion) followed by Summer(peak).

Looking at it from another point of view, it takes time to promote any new product. The majority of people didn’t know Bitcoin until 2017 when the price hit the sky.

Say thank you to the media who was screaming in the news that it is a bubble. That was the best way to inform the masses of this new type of investment. A negative advertisement sometimes is the best marketing strategy.

When I ask these days people, if they know Bitcoin, the majority answer yes. Do they own; No. So when the price will rise again and they will talk about it in the media, a portion of them will buy. The more people buy, the more the demand occurs. The price will rise. It is an avalanche effect.

They are plenty of rumors that the price will hit 50,000 $ or even more. Where there is smoke, there must be fire. Yes, but many rumors say Bitcoin will vanish. Two different and exactly opposite opinions. Why do I believe in the first statement?

Bitcoin has a market capitalization of 162,628,727,089 Euro, the time this is written. That is a lot of money to just simply vanish to thin air. IBM has over a dozen patterns for Blockchain technology. Wall Street shows interest for Bitcoin and Goldman Sachs announced in May 2018 that it was opening a Bitcoin trading desk.

You see, the Giants from Tech and Financial Institutions are giving attention to this new kind of currency. To be more accurate, they are in a race for dominating the market. A lot of money is on the table, all want to have a share!

Bitcoin or Altcoins? Stay with the King(Bitcoin), but play with other big players like Litecoin and Ethereum too. Other coins have true value too because they are solving real problems with this new technology.

Take for example Basic Attention Token (BAT), a decentralized ad exchange platform built on the Ethereum platform. The project seeks to address fraud and opaqueness in digital advertising.

Another great project is Locktrip (LOC)(affiliate), a platform that aims to be Booking.com of the future. The main difference between them and the majority of hotel booking sites, they are cutting the middleman. Eventually driving the prices to be cheaper for the end-user. Comparing with Booking.com you can find reduced prices by 20%.

Looking at the charts of bitcoin you will see that in the past halving-events the price was skyrocket. I agree 100% with this study, where you can find documented evidence about the influence of the halving-event, in bitcoins price.

Conclusions

Yes, now is the time to take action. If you are thinking to get involved with cryptos, remember that all industry is in the newborn-age. You will not only invest in a new opportunity but you are also shaping the future of our society.

My personal opinion is that who’s investing in Bitcoin, Ethereum or Litecoin now will have the change to multiply from 2 to 7 times his investment, until the end of 2021. Just HOLD and when you see the moon, you know… sell.

The best is to invest a portion in each of them. Best risk management.

The above is an opinion and is for information purposes only. It is not intended to be investment advice. Remember: Never invest money that you can’t afford to lose.