BUY CRYPTOCURRENCIES, LANDS CAN WAIT!!!
Cryptocurrencies may not
be popular, but trust me, its gaining more grounds. After Eight years with bad
names and scam reviews, it has gotten stronger.
Cryptocurrencies |
With traditional way of
transferring money through banks becoming expensive and quiet frustrating,
cryptocurrencies addresses this issue easily. Wherever you are in the world,
you can send and receive money online like the way an email is sent. Take it or
leave it, it is happening and works. I have transferred over $5,000 in
cryptocurrencies without the need of a bank. Now, you become the bank. No third
party interference, no nothing. From sender to receiver.
One interesting thing
for you to consider is the ability to convert cryptocurrencies into Fiat. What
is Fiat? Fiat is the currency of your country. We have exchanges all over to
change your fiat to cryptocurrencies and vice versa. Buying cryptos is not a
big deal at all.
Have you asked how land
becomes expensive after few years? I am talking about good land. Especially
land that contains gold? After marketing a gold rich land for a friend, I
couldn’t imagine that acres of land could cost that much. You normally hear
these phrases, oh I bought this land cheap and that land cheap. Yet, see how
expensive land has become. It’s almost a headache for an average person to buy
good land in Accra without collaboration or partnership. What an asset?
Cryptocurrencies work in similar manner.
A 10 acre land you buy
for $20,000 this year for e.g., will be worth more than $20,000 in a year or
two. Why? Land appreciates, Land Is fixed in supply and you got to find someone
who has it and willing to sell, it’s simply a hot commodity. People just buy
lands because of this principle. A land owner can’t even predict how much
his/her land would appreciate a year or 2 but still keeps it anyway.
Cryptocurrency trends
are all but similar to this land comparison. I always use Bitcoin as an
example, but let me use another Cryptocurrency called Ethereum to make a case
for you. Ethereum is another Cryptocurrency solely into smart contracts. At its launch in August 2015, the price was
almost $2.In Feb 2016 it was $5. Feb 2017, $16. Currently, the price of
Ethereum is $325.05.
That is huge.
Interestingly, as at February 2017 the whole market cap or liquidity or
investments in cryptocurrencies was just a little over $15billion. Currently,
it sits over $151 Billion. Bitcoin has been with us for 8 years and Ethereum is
now 2 years. Bitcoin in 2 years was way cheaper than Ethereum now. Data and
figures don’t lie, kindly click www.coinmarketcap.com to check it out. Meaning,
if I spent $200 to buy ethereum 2 years ago, I would have had let’s say 100
Ethereum. Today, it would have been worth $32,505.00. That makes it a growth of
16,252.5% return. Good Land appreciates, but good cryptocurrencies explodes.
For us who can’t buy lands expensive, the best option will be to buy good
crypto currencies, who knows what will happen in 2 years.
Talking about safety, security and risks. Cryptography alone is a
complex algorithm which has been embedded in money now. Check out my other
posts that enumerates on this issue.
Start buying cryptocurrencies now, don’t be left behind the technology
groove happening in the financial space. Position yourself. Not all cryptos are
for you to buy. Mind you, I insisted on good and strong ones else you will find
yourself in deep blue sea.
Kindly hit the like button if you enjoyed this piece, drop your comments
if you need a one on one chat and share with your friends.
Let us all maximize wealth with cryptocurrencies.
Cheers.
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