Bitcoin Ethereum Neo Nano Which One?

It could melt your head when you look at the crypto currency markets as one day there up and next day there down and not in a small way it can be 5%, 10%, 20% either way. How are we to know when and if to get involved and more importantly with one or more of the coins. So Let's have a look at a few of them and their history and see if we can decide if there are any of them we should be looking at for the long term. If you are the type of investor who likes to get in and out quickly then good luck to you in my opinion that's just the same as having a bet without studying the form and crossing your fingers you picked the right horse. There can be no doubt that dabbling in this market can be classed as a massive gamble by itself, however like most shares and stocks there are patterns and trends in how a certain stock or coin can behave. Providing one has done their research and more importantly understands what they are getting into and all that comes with that, then I think the biggest factor in one's success is timing of entrance into the market.Let's look at a few of these coins and their past performance and for the purpose of this article we will use the last 12 months.

BITCOIN

The daddy of them all, or we could blame Bitcoin for getting us all involved in this thing in the first place but I won't make this personal.


In the last 1 Year the price has moved by $ 9,520.05 (812.58%) with a total volume of over Ƀ 42.71 M / $ 273.15 B . The highest price, $ 19.87 k, was on Sunday, 17 December 2017 at 00:00 (2 months ago) . The lowest price, $ 841.53, was on Saturday, 15 April 2017 at 01:00 (10 months ago) .
When you just look at those bare figures of a rise of 812% in 12 months it hits home hard at the enormity of what has happened in the last year. I hear you all shouting loudly BUBBLE, BUBBLE, BUBBLE! I wouldn't blame you but from the middle of last year the amount of people jumping on the bandwagon gradually gathered momentum and late in the year the real explosion happened and since then until now the real roller coaster ride began and after the high of $19000 it has leveled out again around $10000 which interestingly was roughly the price it was around 3 months ago before the spike.
So we have to ask ourselves are we at the beginning of another upward spike or is Bitcoin not strong enough to withstand the shorties and will collapse under the pressure, or are we at the right level now (give or take given the previous history of this market)a price change up or down of around 10%. WHAT DO YOU THINK?
My own opinion for what its worth is that I personally don't see it dropping much below $10000 in the next year. There is just too many people involved in this now and I'm sure they are not just the everyday Joe blogs trader. There are some traders who have invested here for the long term and will stick with Bitcoin through thick and thin. Another point to make here is that after it reached $19000 and then crashed faster than a rocket to $5000 Bitcoin was strong enough to recover and the base of the price now looks strong around $10000 and as I write this article its heading swiftly back to $11000. I know and am happy to concede many people will not agree with my opinion and I'm happy to hear your analysis and opinion of what is going on.
Like most of us I'm jealous of the brave some may say fool hearty people who got involved in the early days but I'm sure they are looking down from lofty heights at us now,so I say fair play to them they believed long before the rest of us did. I was a doubter up until a few months ago but I have gradually come to believe more in Bitcoin and even though I may never make a fortune from it there will be many who will and many who may lose a fortune as well. Back to what I said earlier about the right time to get in, well if I had the money I would be tempted around $10000 but I would not buy it on the way down at $10000. If the price fell below that and then recovered to it again I would be buying on the way up again where I felt I could make a decent profit.
I will deal with the rest of the coins in the next few articles but I would love to hear your comments and feedback about this one, Let's start a conversation, share our opinions and thoughts. Remember together we are stronger
Cheers Gerry



&Bitcoin LP;