Is it too late to buy Bitcoin and what about Litecoin & Ripple?

Bitcoin

Is it too late to buy Bitcoin?
is it too late to buy bitcoinIs it too late to buy Bitcoin? Today, the price of a Bitcoin is heading towards $20,000. Considering that you could buy the same thing for just $1,000 at the very beginning of 2017. You can be excused for kicking yourself a little bit right now.

It goes without saying, if you ‘d purchased $100 worth of the cryptocurrency at that time, you ‘d have nearly two grand today.

The Bitcoin thrill ride has become even crazier over the recent month or so, with Bitcoin increasing in value by 200% since the beginning of fall.

Many people are now emailing me and asking is it too more info late to buy bitcoin. A lot of people are claiming they don’t want to miss the boat and want in at the start of this journey. What you must understand is, this is not the start– this is more like the middle. Bitcoin is over 10 years old.

Getting in early is a concept that has already gone.

Is it too late to buy Bitcoin?
That’s almost impossible to know. A friend of mine was offered 3 bitcoins for $100, five years ago. He turned it down and now he is kicking himself. At the time I made a prediction that the currency would go nowhere.

Today novice investors are seeing the profits, getting jealous and making predictions that Bitcoin is going to make them rich. Nobody has the evidence to claim that!

” It’s difficult to recognize or antcipate when the bubble pop”

It’s difficult to understand what will happen to the investment over time. Will the price will keep increasing, it’s hard to even guess. We also have no concept if betting that the price will decline, will be better than gambling that the price will continue to go up over time.

Sadly, the unfulfilling answer is: no one knows.

What is Bitcoin?
In succinct summary, it’s a cryptocurrency. The phrase “crypto” is a reference to cryptography, which is a word used to label the innovation that lies at the root of the system, blockchain.

This electronic currency has worth in part because some online stores and a handful of retail outlets will accept Bitcoin as payment. It has value also, partially because it is rare (there is a restricted inventory), and in part, because you can exchange Bitcoin you own for fiat funds through an exchange such as CEX or eToro.

What fans like about Bitcoin, and other digital currencies just like it, is that it’s not governed by any government. Equally, there is no corporate entity behind it, like a bank. It’s a peer-to-peer, decentralized online connection.

It was developed as something that might be completely censorship-resistant as well as operating within a decentralized system The downside to this is, if you have a problem with your funds, there is nobody to turn to for help.

No centralized system.
In other words, you don’t need PayPal, Visa, or a bank for it to function. When things go wrong– you equally don’t have those people to turn to either.

That decentralized software system is key, as is a method behind it all called blockchain.

Basically, no one computer or person controls the system. The network protects itself by the vast number of computers connected to it.

Is Crypto A Good Retirement Investment?
Bitcoin is extremely unstable and is therefore not a traditional way to create a fund big enough and stable enough to retire on. Bitcoin and other leading cryptocurrencies (such as Ripple and Litecoin) are so new that the marketplace is still essentially attempting to determine their real worth.

We don’t know what it’ll be like next week, never mind when you at the point where you are giving up work.

Personally, I would not risk something so important to something so volatile and untested.

The worth of Bitcoin depends on whether this system could end up being a major monetary organization later on. In short, the more it is perceived to be an essential payment device going forward, the more valuable it will become.

Could Bitcoin Crash?
Bitcoin experienced a crash before. In November 2013, the price of Bitcoin went up above $1,100, However, it didn’t stay there long, rapidly declining to the $200 price point within a year or so.

Today’s Bitcoin situation has aspects of a potential crash in the sense that it’s a miasma. Investment crashes come about by periods of contagious exhilaration about some investable asset. This frenzy is then boosted by public speculation of increases in rate, and the envy and ego directed at people who made a load of money by getting in early.

You don’t need a millionaire mindset to recognize that there is serious money to be made in cryptocurrencies. Whether you make a fortune or not is ultimately going to come down to timing.

The biggest risk lies in the novice investors who are looking for a get rich quick scheme. As soon as they these people see their investment decreasing they are likely to panic. This panic feeds other such investors to follow suit and before you know it, you have a bubble burst.

Bitcoin Vs Litecoin Vs Ripple
millionaire universityThis could also be a re-run of the VHS vs Betamax video recorder battle of the 1980’s. In that case, the better system lost because VHS had more backers and a better brand name. Bitcoin is the first but it is not the best. There are serious faults with the speed and scalability of the Bitcoin blockchain.

Rival coins such as Litecoin ($LTC) and Ripple (XRP) are much better products and are perhaps a better long-term punt.: Ripple has just been adopted by over 70 Japanese banks, giving it a huge change to go mainstream.

5 Exclusive Advantages of the Millionaire Lifestyle

Millionaire

millionaire lifestyle
millionaire lifestyleWe all want the millionaire lifestyle, but there are few who know how to get it.

It makes sense that money has such an allure. At our core, human beings want autonomy. The ability to do whatever we want with our lives, whenever we want. We want power.

And what is money but quantifiable power? Whether it’s the ability to donate money, influence politics, or just get out of the rat race, money gives power to so many people in so many ways.

The way you get that power is motivation, effort, and knowing click here how to both work hard and work smart. If you’re having any trouble doing what needs to be done to get one step closer to millionaire status this week, take a look at this list of what you’re working for.

Only Fly First Class

Flying first class is the stuff of legend. Good food, leg room, and whatever you need is at your disposal.

For most fliers, these things alone are enough to make them want to fly first class. Getting the VIP treatment at 35,000 feet is a big deal: whether you’re flying for work or vacation, wouldn’t it be nice to actually enjoy your flight?

But ignoring the enjoyment of the flight itself, first class is worth the money because it gives you peace of mind. Want to get work done on the plane without having to pay for Wifi?

How about not having to show up two hours early at the airport? First class lets you go through the TSA faster.

Whatever the case may be, flying first class is also incredibly expensive. But if you live the millionaire lifestyle, we can guarantee you’ll never fly coach again.

Eat And Drink the Finest Things
Part of the millionaire lifestyle is feeling good. And whether you’re a foodie or a liquor snob, you need to eat and drink right.

If you have the money, you can do that with ease.

Millionaires get to eat at restaurants that other people don’t. Take Spain’s Sublimotion, a dining experience that takes advantage of every sense without skimping on unique and creative dining. While the over two-thousand dollar per person price tag may seem like a bit much for the average person, if you’re a millionaire you can do it.

If you’re a drinker, you can have a glass of Yamazaki 50-year Whiskey on special occasions. And we do mean special occasions since a bottle of the stuff comes with a six-figure price tag.

Either way, if you care about putting the best stuff in your body, you need to live the millionaire lifestyle.

Have Your Perfect Pet
Are you an animal lover? All animals are adorable, but when millionaires are in the market for a new pet they can really find the perfect one.

Take the expensive Savannah Cat. Combining the soft and cuddly nature of a cat with the smart and questioning nature of a dog, you can have the perfect furry friend at your disposal with one of these guys. And just take a look and tell us they aren’t beautiful.

If you’re more of a dog person, you can feel like you own both a dog and a lion with a lowchens: though you’ll have to pay around ten thousand dollars for one.

Even if you want an exotic pet, you can get something like a fox, parrot, or even a horse with your new found budget.

Give Back
You can be a millionaire and still be idealistic. If that sounds like you, you can give back far more effectively as a millionaire than you can as the average citizen.

In fact, if you have that much money you shouldn’t just think about your favorite charity. Instead, think about your favorite cause.

The millionaire lifestyle can mean starting a camp for disabled kids. It can mean running an animal sanctuary or opening a cancer research wing in a hospital.

Regardless of your cause, a millionaire makes enough money to spend it how she pleases. That means you’ll be able to make a difference on the ground without breaking the bank.

At that level, the money might not make a huge difference to you. But it certainly will to the people getting it.

Be Free
Ultimately, this is what the millionaire lifestyle is all about.

Most millionaires don’t need to go to work from nine-to-five. They don’t need to spend their lives focused on the rat race, and they don’t need to suck up to their boss to get that next promotion.

You can go on vacation wherever you want. You can finally own your labor instead of having your labor owned.

Whether it’s a week-long trip to Paris or a lifelong vacation from the rat race, the millionaire lifestyle is a way to truly have it all.

Freedom is a lot more exciting than anything you can buy. The feeling of being an adult means having control over your life. But most of us reach adulthood and see that’s not the case: even your bedtime is controlled by when you have work the next morning.

Become a millionaire and take control.

How To Have The Millionaire Lifestyle
Everybody wants to live the millionaire lifestyle: we probably don’t need to sell you on the concept of making money.

What we do need to do is help you make this money and reach the level of success you’ve always wanted.

Craig Beck knows about rags to riches stories because he is one: he went from cashless to swimming in money in just five years and wants to help you and people like you do the same.

We have plenty of guides on how to make money that you can find on our blog. But the most important thing you can do is get started on our courses.

Do you want to keep working the rat race, putting in too much work for not enough money? Or do you want to reach the next level of money and freedom?

If it’s the latter, we can help.