- BITCOIN
Bitcoin is not an altcoin, but this whole game (the cryptocurrency market) is called Bitcoin, and there are many good reasons for that. But we don't mind those details, let's see how Bitcoin has done in the past few years.
Bitcoin 2015
Low: ~$162
High: ~$504
Bitcoin 2016
Low: ~$352
High: ~$983
Bitcoin 2017
Low: ~$735
High: ~$19,900
Bitcoin 2018
This year isn't over yet, of course, but what I mean is that we don't know the bottom nor the top. So far the lowest price in 2018 has been $6,000 and the highest $17,250. Let's make up the numbers...
Low: ~$4200 - $6,000
High: ~$17,250 - $50,000
Doing this Bitcoin example to start this post, can show you the potential of the cryptocurrency markets. But altcoins are even more volatile than Bitcoin and their growth potential can be even higher. So let's get started... Finally, let's get to it... The top altcoins to hold long term by Alan Masters... ENJOY.
Note: Bitcoin always exceeds all expectations. It is in its nature to go against what everyone is saying, specially the conventional type of people, and proof that more is possible. That dreams can come true. That limits can be broken. That rules can change. That we live in a controlled environment, but at the same time anything and everything can, and will, always happen.
On a different perspective, Bitcoin could go down and do a year long bear run, and the alts would go down even further and the whole situation can turn into a loss. This is a situation that looking at the year so far seems very unlikely, but it is still good to remain open to such an scenario to come to pass. So I am sharing these coins based on the positive views and expectations for the year based on the actual sentiment and signals of the market, but there is always risk involved. So make sure not to put all of your eggs in one basket, and use only money that you can afford to lose. These suggestions might sound incredibly simple but these are golden rules. Always diversify and use only money that it is not vital for your well being. Just a friendly reminder, but let's continue what you were talking about here with me. ... (Continues below)