This post is a proof that a lot of people became crypto millionaires in one year just through one coin.
[Source]
This is also a proof that those of us who never invested in crypto currencies or they are new to this world can set goals for year 2018 and by following the same route can easily become #cryptomillionaire2018. Crypto world is full of investment opportunities. So, this was not the last opportunity in case you're thinking that way.
LTC PROVED TO BE A DARK HORSE
Here is what LTC price was exactly a year ago:
Dec 9, 2016
Price: $3.69
Here is what it's price is today:
Dec 9, 2017
Price: $153
If you had bought 100 LTCs a year ago, the cost would be $369 (36,900 rupees) at that time. Fast forward, after one year, today you would be owning $15,300 (1,5,30,000 rupees) aka 1 Bitcoin worth of LTCs.
What if you had 500 LTCs?
5 Bitcoins or 7.5 million pkr in 1 year.
1000 or 5000 LTCs? That would have been 10 or 50 BTCs.
This is the power of #cryptocurrencies.
SO, WHAT'S NEXT?
We've missed the LTC train. However, that's not the end of life. We can invest in the crypto currencies that have huge potential to go up in next couple of months or may be in a year. Let's set goals for year 2018 and crash them.
We're #cryptomillionaire2018 for sure!
What crypto currencies do you think will go up the most in next 6 months? Mention them in the comments.
DISCLAIMER: Though all the maths and stats shared in this post are correct and this can help many to take the right path yet the write is not a financial expert. So, for that reason, he is not responsible for any of your actions taken in this regard.
Steem, BitShares, and EOS.
All three will do remarkably well in 2018 IMHO.
It’s all about blockchain transactions. The Bitcoin and ETH blockchains are pretty much maxed out.
Yeah, i understand this but i don't know how people will react with the first major big crash.I hope its not for 2018.
I am waiting for the crash to load up on the gold standard of cryptos, BTC. Long term investment to take my kids to college and I don't even have one yet :)
It's been crashing for a long time. My thinking: Make 'money' while the sun shines.
I think people should focus more on the core technology and market value of cryptos when choosing. Something like IOTA and steem are bound to go up no matter what
Agreed. Steem has been my favorite since I joined it. IOTA is new addition on the list. However, I am still learning more about blockchain and similar technologies. Investing in coins that have very small price is a very good decision. Ripple is an exception. :D
Love your optimism, I dont know if ill become a millionaire by 2018, but I do love $FUN it is my favorite token. I wrote a post on my blog, would appreciate you to check it out. https://steemit.com/crypto/@buhl/long-term-crypto-play-funfair-usdfun-one-of-best-erc-20-tokens-to-hold-through-2018
I would invest in most of the altcoins that are in the top 100 by market cap and have a limited quantity!
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