Are #Cryptocurrencies A Good Investment?
By The Investor Ninja
I Would Be Understating It If I Said That In The Last Year I Received Just A Few Questions About #Bitcoin, #OneCoin, #Ethereum, #LiteCoin, #ZeroCoin, #PeerCoin, #Usi_Tech, … and Many Others.
Truthfully I Have Been FLOODED With Questions About Cryptocurrencies:
- Are Cryptocurrencies A Good Investment?
- What’s #Blockchain?
- Is The Government Going To Regulate The Market?
- Are They Safe?
- …
And These Are Just The ones That I have Been Asked More Frequently. The List Goes On And On…
So, Let’s Provide Some Answers
#Investment VS #Speculation
Anyone That Has been Following My Comments In The #PPPiClub Newsletter Over The Past 3 Years, And Even Before Then, Knows Very Well That I do not Consider Playing With Currencies An Investment.
Investing Means Getting More Than What We Put In. I Put One Seed And Get Hundreds Of Fruits. I Create A Gizmo And Provide Benefits To Society That Are Bigger Than The Cost Of Creating the Gizmo. Investing Means Creating More #VALUE. You Get The Idea.
On The Other Hand Playing With Currencies (And I Include The FOREX) Is Not creating NEW VALUE, But Just Speculating. If You Do It Right, You Can Make A Lot Of Cash, But Currencies Do Not Have Intrinsic Value, And By Speculating On Them You Just Made Money Because A Certain Number Of Fools Lost Their Money Somewhere Else. This Is Not Investing.
The Best Investment Is Always In Your #Education
However There Is More To The Discussion Of Cryptocurrencies Than What Meets The Eye.
In Order For You To Understand What I Will Be Talking About, I Fished An Explanatory Video From The Archives At The PPPiClub, And Posted It Below, For You To Make An Informed Investment Decision. Enjoy.
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So, Anyway, Should I Invest In This Cryptocurrency Thing Or Not?
Many PPPiClub Members Came Out With This Question, After Watching The Video. My Answer Is Simply: WHAT IS YOUR PURPOSE FOR INVESTING?
- Are You Investing For Growth?
- Or Are You Investing For Protection?
- Or Are You Investing For #Cash_flow?
Now, I Will Answer To These Three Questions, But, In Order To Be Brief, I Cannot Go Into Much Details About The Reasons Behind My Comments.
As Always: Instead Of Following My Advice Blindly (Asking For A “Tip”), You Should Invest Into Your Education To Fully Comprehend The Reasons WHY An Investment Is GOOD Or BAD.
INVEST IN YOUR EDUCATION ⇒ Check Out The REVENUE MACHINE Pro. Here ⇐
Are You Investing For Growth?
Investing For Growth Means Putting Forth A Capital, And Leaving It There For A Long Time.
The Best Policy With This Kind Of Strategy Is Always To Choose An Investment That Will Weather Good And Bad Economies, And That You Can Acquire For A Bargain Price.
Cryptocurrencies ARE NOT Such Kind Of Investment. If You Want To Know More About Investing For Growth, Then Have A Look At The Investments Discussed In The PPPiClub Newsletters.
However: One Interesting Growth-Investment Right Now Are Companies That Work On Developing Blockchain-Like Technology To Be Used For Data Security, Transmission And Storage. These Companies Use A System Similar To The Blockchain (What Is Called #Distributed Ledger By Computer Geeks – Of Which I Am One), And It Is Inevitable That they Will Take Over Current Anti-Virus And Anti-Hackers Services.
This Distributed Ledger Technology Is Considered So Secure That There Has Been Talks To Employ It Also To Create Virtual Voting Polls: Citizens Would No More Cast A Vote With Pen And Paper, Nor There Would Be Any Chance Of Rigging Elections. Presidential Elections Would Be Decided From Mobile Phones All Over The Country. An Interesting Idea… But I Wonder If It Will Ever Become A Reality.
To Learn More About This Kinds Of Investment Join #The_Revenue_Machine_Pro.
Are You Investing For Protection?
As Shown In The Video, Currencies Are Dangerous In The Sense That Banks And Governments Control Them. But Cryptocurrencies Are Not.
The Second Kind Of Investment You Can Make Is Therefore A #Hedge, An #Insurance Against Losing #Control Over YOUR Money. After All: If You Hold Any kind Of Official Cash… You Have No Power To Protect Its Value: It Can Be Inflated Without Limit. You Can Use Cryptocurrencies Instead As A Protection Tool, Precisely Because They DO Not Belong To Any One Government Or Bank.
One Important Note with They Kind Of Hedging: Your Money Is Safe As Long As The Currency You Are Using Is Safe. If People Lose confidence In It…
Are You Investing For Cash-flow?
Finally, Investing For Cash-Flow. I Have To Give A Warning Here: When It Comes To Currencies… All Cash-flow Manoeuvres Are Fundamentally Speculation, And They Carry Risk That Only Professional Investors Know How To Manage.
DO NOT Try To Do This With Your Rent/Food Money. Only Speculate With Money That You Are Comfortable Losing. And MOST OF ALL Keep A Cool Head.
You Think You Have A Cool Head? Don’t Be So Sure About It!
Example 1: Sir Isaac Newton Was One Of The Investors In The South Seas Co.. In The Spring Of 1720 He Looked at The Market And Perceived A Bubble Coming, So He Sold His Shares And Banked A Sizeable Fortune. Months Later He Re-Acquired The Same Shares For A Much Higher Price, In The Hope That Riding The Bubble Up He could Profit Even More… That when He lost The Entire Investment.
Example 2: Japan Had A Real Estate And Paper Assets Bubble Between 1985 And 1992. In The Early 1990s The “cool headed” Japanese Borrowed Huge Sums Of Money To Buy Extremely Overpriced Land In The Center Of Tokyo. When The Prices Collapsed The Owners/Speculators Of The Land Found Out Very Quickly How Much They Actually Overpaid.
Example 3: The Subprime Loans Crisis Of 2008-2009. Enough Said.
All Three Are Examples Of Speculation, And A Risky One At That: Flipping.
Flipping Means Buying At A Certain Price With The Hope That Price Will Go Up And Making A Quick Profit In A Very Short Amount Of Time. However Usually Greed Fouls The Best Laid Plans, As Sir Newton’s Story Shows.
As All The Regular Members Of The PPPiClub Know, Professional Investors Do Not Take Risks, And Do Not “Hope”, But Prepare For All Eventualities. So, Whatever Happens… They Make Money.
There Are Out There “Investing” Programs (USI-TECH Comes To Mind), Which Promise Action With Cryptocurrencies, Generating Quick Profits And Regular Revenues. These Are Not Investing Programs At All, But Speculations. You Are Free To Participate, Nothing Wrong with It, Just BE AWARE That It Is A Speculation, And That Emotions Of Greed And Fear Will Be The Dominant Factors Of Whether You will Make Anything Out Of It, Or Not.
My Advice? If You Plan To Make Money Out Of This… Take Regular Sums Out Of Your Wallet… In Other Words DO NOT LEAVE Everything Inside the System, In The Hope Of Making A Bigger Profit Tomorrow.
In #The_Revenue_Machine_Pro. We Also Teach You How To Create A Wallet For Your Bitcoins That It’s Impossible To Hack, Check It Out Here.
I Hope That This Article Was Helpful For Your Investment Choices. I Plan To Soon Write Another One Concerning The Distributed Ledger/Byzantine Fault Tolerance Technology, So Keep You Ear To The Ground. If You Are Planning An Investment As Always, Check With Your Coach First And…
… To Your Success!
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