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Tuesday, October 27, 2020

Alternative investment Crypto coins

Hi readers Yesterday's update hit a raw nerve with a few readers so lets just entertain the idea as some would say. The last research that I did shows 92% of the world criminal activity is transacted in the US dollars. So if Bitcoin is used big deal, its not like its the end of the world. The US currency has and always will be the biggest money laundering currency in the world and that will never change. The reason why it is, is that the US government is the biggest criminal organisation,and that will never change. Everyone world wide will accept US$. SO you just need to settle on the idea that organised crime will steal your bitcoin. It cant and wont as they have tried (Google) and failed. People can only steal your coins if you send them out or if you keep them in a hot wallet, on an exchange. But with the security that most exchanges have its difficult now to hack at will. Below are companies that have already begun to store wealth in Bitcoin thats why your not seeing the volatility there was back in 2017. While many traders are hoping for those days to return they will never happen again. There is professional money in the game and cowboys cant dictate movements as was the case previously. https://news.bitcoin.com/here-are-the-top-public-companies-that-have-adopted-bitcoin-as-a-reserve-asset/ Crypto coins need to be active in development if they want to see appreciation of there coins. Where as in the DEFI space at the present time is cowboy country. You could double your money or loose the lot, theres a number of puppets programmers sucking out peoples money. Id be very cautions about getting involved in that space. Looking at the astrology it seems as tho 2021-2022 could be tough years for the crypto markets, but after that they might just explode. These are the times that you look to accumulate good coins back by solid projects not fluff and hype. Please do your own homework before you consider these and if they are suitable for you. Chainlink..... Ocean...... EWT.... Polkadot... Kusama... Ethereum... Litecoin... Bitcoin... Im sure there is some good projects out there which I dont know about but These are the ones I hold and if I could change any it would be Litecoin. While it has got the astrology to become, and we saw with PayPal announcing it's one of 4 coins it will only accept going forward, the good programmers have moved on. The other 3 are Bitcoin,Ethereum and Bitcoin cash. While my intel years ago wasnt as good as it is now in the space I'm now well informed of developments. All of the other coins I own are investments for years to come, not short term. If your looking to invest short term then forget the crypto markets. These are investments where you buy and forget you own them and check back in a year. Thats how you make serious money not chump change. Last year Bitcoin was at $9500 now $13K Last year Chainlink was at $2.93 now $11.60 We can go through them all but the point is its long term, and liquid. Unlike property investments where every year you pay the rates, maintanence,and just to sit down and sign you have to pay stamp duty. So be mindful of your options and dont just invest for the hell of it. Look into projects see if they become something, dont just listen to dumb asses on youtube telling you to buy property. Just let you know 10 years ago Bitcoin was worth 81 cents .. As always the above is based on Financial Astrology. I am not a financial advisor. Please seek professional advice before investing.

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