Faith and self-fulfilling prophecy, or the future of Bitcoin and Ethereum
First, let me tell you my own story briefly. I dropped into the world of cryptocurrencies in early 2017 and was quite ignorant yet. I first started blogging on Steemit because I saw that it was a great thing and I could even get some money for it, in the form of Steem. Then I also learned how to switch from Steem to Bitcoin. I found this very useful then, but not to be a hodler. I redeemed my bitcoin almost 100% for HUF, and I covered my smaller expenses from it.
Meanwhile, Steem also gathered nicely in my wallet, and I never would have thought it would start like a bull by the end of 2017, pulled up by bitcoin.
(Photo credit: Pixabay)
Wow, I said, it's just amazing! I travelled around Hungary, to Transylvania and Greece in exchange for bitcoin, bought a wonderful camera, a Wacom drawing board, and a lot of art materials.
I don’t even dare think about the amount of Bitcoin I’ve gotten so far would have cost now if I had kept it all. In fact, I wasn’t a hodler, I rather enjoyed life. I don't really mind, I had wonderful years. In 2020, I switched from Steem to the Hive blog, which I liked much better. I switched all my Steem to Hive and said goodbye to Steemit.
To tell the truth, I had some bad investments where I lost, but there were others I earned. *Crowd1 proved to be a huge scam, and I didn't do well with Prosperic (a Hungarian startup company), although Prosperic can't really be called a scam. The € 1,000 Bitcoin spent on Zinzino products to start my MLM business was not lucky for me either. But it looks like I did really well with Tycoon69, just like with SmartCryptoNote, which is a Hungarian startup and it develops dynamically. But the best investment I think is BlockChain Capital , with the 20 best cryptos' portfolio!
Lesson one: The main thing is not to think in short term! Hodling is the best thing to do!
Lesson Two: Listen, Read, Learn from the Best Experts!
Lesson Three: What is gone must be let go and no longer be thought of as a loss!
Lesson Four: Everything I think and think of others now can be a self-fulfilling prophecy. So far, at least, it has worked, especially for Bitcoin.
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Now let’s look at the facts I drew from various news sources.
In 2017, a Dutch family sold all their belongings and property for bitcoin, which was only worth $ 900 at the time. They started their great journey to see the world as nomads and visited nearly 40 countries. The value of bitcoin has increased more than 10 times since then and they live happily! The father, D. Taihuttu said BTC will be 100,000 or 200,000 USD. There are even bolder analysts, too, like Willy Woo. This crazy guy says that by the end of 2021, a BTC could reach 300,000.
(Photo credit: Pixabay)
What can these predictions be based on? If PayPal starts selling BTC to 350 million users, it will generate a huge demand. And PayPal is just one of the many-many companies that buy large amounts of Bitcoin. Elon Musk also wrote on Twitter that he will make big transactions on Bitcoin Bitcoin can already rightly be called digital gold. And what is even better? Ethereum can overtake Bitcoin in 10 years! Why is it so good? Ethereum was invented to handle smart contracts in its blockchain system and a smart contract is unalterable, there is no possibility of fraud. And plenty of companies, agencies, countries will be able to join this system.
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