How to deal with Cryptocurrencies and the best plan today to earn more using ICOs by Smokinglems

![23AB44D4-EF34-4274-BB44-186DF01C638C.jpeg](https://steemitimages.com/DQma74TZeDNPtSeVhkkNiGi2postu7n56E5Ens4sGWM3hg3/23AB44D4-EF34-4274-BB44-186DF01C638C.jpeg) First of all, I would like to set a disclaimer that I’m not a financial advisor and this is not a financial advice, everything that I will say in this blog is based on my research and my own personal opinion. This is only just a guide and try to do your own research and dodiligence. On my topic, I would like to discuss on how possibly we can earn more money in 10, 20, 30 times or more gain in a long term investment in ICOs. First of all let’s start over by looking at the CoinMarketcap, then analyze what is going on in Crypto currency and plan on how to approach Crypto space.

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Looking at the Coinmarketcap, we can see that Bitcoin is going up and down. The other day, it had a large dip of approximately $6,000. Now it is recovering slowly, now we are beginning to see a subside from the negative sentiments from other people, who are worried, that it’s all just a dead cap bounce, it’s only a false signal that Crypto are going up and down. The real fact is, no one really knows what will happen in Crypto, but we can clearly see that the momentum are showing confidence, people are beginning to be happier with what is happening in Crypto world. But still, if you will look more, some currencies are going up and some are not. Why? Because what we are seeing is an ambivalent (mixed feelings or contradictory ideas) market. Some people are positive on a certain Cryptocurrencies and some are having less confidence behind them where people are not certain going in full into their coin. This is what makes the volatility of the market fluctuates. This is the one testing the confidence of each investors who are part of this growing and ever expanding technology. Either they will gain more, or they will lose more, in this game of testing who got nerves of steel. But how can we really take advantage especially during the big dip like what happened earlier in Crypto market? And avoid the lack of confidence when there are big dips like this and making the mistakes of buying high and selling low? First of all we should see and realize what is happening in the Crypto world, how it is performing and the influence it makes on the main stream media. This are some of the news that we can see on the internet showing how crypto is beginning to have a big influence on multimedia, and by multimedia, we can realize that Crypto currency are beginning to be heard and it is not anymore a thing to be disregarded. The first news I would like to show is this one.

“Cryptocurrency Tops EU Watchdog’s 2018 Agenda“

https://steemitimages.com/750x650/https://steemitimages.com/DQmTvSqvADHt5RD5z1Dy992ga33VjnAgoMSifD4qUadB6bJ/697C0A12-E1C8-4919-8C0A-C7756D2E8F52.jpegSource So what it particularly says here is that the main agenda of the European Union that day was al about regulations, that they are looking at how technology is evolving and they are looking on how to supervise it. Look at it, check, supervise it and do appropriate actions for it. Actually watching the documentary about “Banking on Bitcoin”, there are already a lot of authorized central entities that are getting involve, regulatory entities that are involve in crypto, where it looks like they want to stop the illegal activities that are happening in Crypto, saying that Crypto c are untraceable and people are getting away with it, paying for child porn, or paying for drugs, and that thing doesn’t really happening in actual money cash coz it’s not easy with cash to do those peculiar things. So they are trying to put regulation on it to regulate the illegal activities people are doing inside the. But weather regulations happen or not, I think this will give more confidence on new investors because of the safe environment the regulations are putting in. It seems like a negative thing to here but in a different perspective. this is another news to explain that crypto are beginning to voice out in the world.

“India chases 100,000 for tax on cryptocurrency profits”

https://steemitimages.com/750x650/https://steemitimages.com/DQmdMcrE3nqxeiKfWE9UnBqBugNSjQGAbjhvSbrbSL7gQ36/0A809E26-5A1D-4582-A53C-D5B3700DBF60.jpegSource This explains that in India they are looking on how to tax investors profit and this maybe will happen more and more all the time. As Cryto currencies evolve, more people became rich. And more people try to dodge the system because naturally people will want to get there profit and not to pay any tax because the fact is people who did the analysis, wait for the opportunity and get involve and profited on that opportunity, suddenly others who doesn’t do anything will take part of that profit you work hard for, and that annoying. So we see that there could be more regulatons on providing taxes an more people are going to avoid it. Another one is, this news that best explain the influence of Crypto to society is this news. https://steemitimages.com/750x650/https://steemitimages.com/DQmeiVAcKDAqvfZLTCKXFUm1LSagA3obGzz5QomaRamDaym/3BBA51A9-8EAF-4780-A59C-4093B632C00B.jpegSource This news basically, they are telling that the secret weapons of Cryptocurrency are the Millennials. Why? basically analyzing it, makes you realize that the Millenials are the ones who are more of the disruptive type rather than the older persons, older persons are much more mature and they think about risk and they don’t really want it, Millenials in the other hand, they are more rebellious, they want to see change, they see technology changes all the time, therefore Cryptocurrencies kind of fits in to them with that kind of mentality. And that’s not what all people are alike, few of the Millenials own stocks, but the older people owns stocks more than the Millenials and invested on it. As a proof, Bitcoin, even the way it is now, they are saying that 13 percent of Millenials still choose to invest 5000 dollars in to Cryptocurrency compared to 3 percent of 35 to 64 year old people. Basically that is what they reported here. Thinking that the Millenials will favor more the Crypto world co'z they are more into technology, into watching YouTube and learning from there. But one best reason for the future of crypto currency where we go out of the main stream media and into Crypto news is this one:

“BCPG Signs MOU To Provide Smart Energy Infrastructure In Thailand Smart Park, Using The Power Ledger Platform.

https://steemitimages.com/750x650/https://steemitimages.com/DQmZgFoNyynjiv9fg9ra42NaS8B3HMB54v6FsxndCPdZk9N/082D3AF0-F795-4D1E-B334-00C89F13B8D9.jpegSource They are saying here that Powerledger are moving into the north American region now, with a partnership that they’ve just formed, and they have signed a deal with a smart infrastructure in Thailand using the Powerledger platform.

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So they are really growing. The project is really gathering steam, the thing you will love about the project is this is the kind of thing that has a long term potential and you can see it manifesting and actually working, its not just a group of developers who try to figure out how to make a Crypto currency and a little bit of part time, but a lot of those companies that have long term potentials are the ones that has actual business doing daily work and providing value like the power ledger. Powerledger way back in the ICO period are one of those business that are a powerhouse that has a team that can implement a vision. That is why a superstar team is so important in this utility business to work in this platform to deliver value in the project that they are working with. Rather than just a group of entrepreneur that has no experience in this utility business and not superstar in this field, they wont be able to provide that level of value on their investors. Crypto currency plan. There is a movie documentary named Banking on Bitcoin. In this documentary, they where discussing Cryptocurrency back from 2008, and showing how the white paper was introduced and looking for satoshi and somebody went to prison and various happening on exchanges and all kind of things, and thinking of it you can see how much Cryptocurrency has achieved from the past years, how much it became popular, how much it grown. In a different perspective you will realize how bitcoin has evolved for the past years. But the funny thing in that documentary is it only focused in Bitcoin alone. It didn’t talk about Etherium, Ripple, Litecoin, it didn’t talk about any other Cryptocurrency but bitcoin and the Blockchain technology. It was nice to see during that time where the only one needs to talk about is one thing, Bitcoin. Now although Bitcoin is still the most valued Cryptocurrency, there are other players now in the field.

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And the thing is that Cryptocurrencies like Etherium and Ripple are opening the technology of Crypto to lots of businesses to be involve in block chain, built decentralize apps to make Crypto a better place, more efficient, effective and economical and a lot of things. So this present day in Crypto, compared to the documentary in Bitcoin, we have now an ecosystem, a market place we can invest in various technologies and projects. So what does it mean? It means that the long term matters more than what it was before. Bitcoin actually is a cause, disruption of the current system, taking out the banks and centralized entities and middle man, and allowing you to be in-charge of your own money. That means Bitcoin is a pure currency, it is a stored value. But the rest of the Cryptocurrencies are evolving technological advances in all platforms, almost all platform right now has Crypto currencies involve in it, automotive, advertising, utilities, everything is getting pretty much some form of Blockchain version made for them. And the best thing we can do is to invest on it during its early stages, in a very long time. Part of the issue is that the market cap is very volatile, it is very sensitive, because people are very sensitive, people likes happening instantly, they want it right now, they don’t want to wait, they don’t want to be patience and majority is that nature. That’s why the Cryptocurrency became like this, because people want instant gratification and majority of people seen that Cryptocurrency is a real money maker where a 4 figure invested can be 8 figures in a small space of time. The cheap Cryptocurrency before like ripple, if you have invested before can make you rich now. But some people didn’t have the patience and left. If you go to the ICO drops website, you will see a number of quite good Cryptocurrency, a number of promising new projects, and this are going to be the next wave of Cryptocurrency in the future, an ever evolving picture. In the Coinmarketcap, you will see the top currencies where you will see the one been in the game the longest. The top 20 is going to be the hardest to depose than the remaining 80 from their placing because this 20 are the one who are people already identified and rose, have bigger opportunity and large amount of investors so they are hard to be knocked off. But ICOs today can be a force to be reckoned with in the coming years. There are going to be a batch of ICO that are going to do well and some are not. Some can have a big hype behind them because this is ICO period but it doesn't mean they will do well because they are an ICO, they are going to do well because they have some superstar team like Powerledger, will allow the vision to be realize and incrementally increase in value and can gave position to the top 100 and even the top 20. But a lot of this ICO will die out. There are a lot of new ICOs coming out, saying they are the best, they are the next best thing, they will solve problems, and they are going to the moon, but some of them are not going to be seen in the market and are going to die out because they are rubbish. Maybe they are still going to be present in the market but to be a pump and dump on the exchanges but not going to be a long-term visions. Everything that has a huge potential are companies that have utility down the line when you need them. We need to learn to see an investment in a long term plan. Not just 1 year plan, 1 year plan is what causes the market to go up and down. Because people are not happy that a certain Cryptocurrency didn’t went up like it should be and what you expect. Like for example you invest in an ICO during it was a cents, after that it went up to 5 dollars, and you are happy, suddenly it went down back to 50 cents or less, in frustration you end up selling your coin and buy another ICO, suddenly after a year, you see the ICO you sell went up and up, and so that person get upset and left Crypto, and soon they will realize that this ICOs needs to be kept for long term. Holding a good ICOs makes fortune, in long term, a product increases in value, gets better utility for users, and because of that, more people are going to be involve in using it and it can gain more value driven in to, more money will be put in to it over the course of time. Particularly more investors are coming to Cryptocurrency. https://steemitimages.com/750x650/https://steemitimages.com/DQmUwPcAKEQpo4EJaT1p3wKbGa3bQHFhiy5mayeVSVtXBuk/AFF45D7C-1F67-464E-8504-75F0D7E497CA.jpegSource This is an actual football match where you can see Cryptocurrency are posted in there billboard as an advertisement. A clear example of Cryptocurrency evolving at the time. An indication of whats coming in Crypto, evolving at the times. Now is still incredibly early, not as early as people getting involve in Bitcoin many years ago but still very early. Putting a mind set of a long term should allow things to go on its way to get into a place where it needs to get. Some Cryptocurrencies are going to lose value, some are going up, you just need to learn to ride on it. No Cryptocurrency ever just goes up, but you got to hold it thru the hard times, and people who hold after everything kind of went down, gain a really good learning from their experience, because you are learning how to survive in this kind of game, because it does goes back up and more dramatically, you’ve just got to enjoy the ride. Hopefully in the future, with an ever expanding technology, maybe the volatility will eventually starts to disappear, it will not be the same like the past, as this platform matures, and as it becomes more credible and regulations does come in to the arena, the volatility will go. And the wave of technology is advancing, it will only make the value go up, it may not go up quick, but it will continue to go up. And you will see the results once you held it for long term. Stop looking at the short term, stop chasing immediate gratification, stop chasing the highs and the profits. Because if you are looking for an instant gratification, you will end up selling low and suddenly it will spike up. What we need to do is to be doing a more gradual approach to enjoy a lot more. If you invest in a right Cryptocurrency early, you are going to ride the biggest multipliers. So that’s it! Hope you enjoyed and learn some of the topics I have discussed about Crypto and ICOs. Follow me and upvote and I will do more topics on the best ICOs to invest on, the background and the foundation behind it’s platform why it can be a promising in the future. Where to find it, how to buy it and where to store it. This are the link on the topics I did regarding CryptoCurrency: 1. Smokinglems Journey To Bitcoin And His Point Of View To It’s Future If you like my post , please follow and upvote Smokinglems. By this you are helping me to share more of my adventures. 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