Why You Should Buy NEO
Disclaimer: I am not a financial expert and any advice taken from this blog should be researched. Do not take my opinion as direct financial advice.
You may be wondering how to buy NEO, but first, let’s look at why you should consider purchasing this cryptocurrency. NEO is known as the Chinese Ethereum equivalent. Neo was founded by Da Hongfei. He is a very outspoken cryptocurrency advocate in China. The rise of NEO over 2017 was astronomical. Marketwatch.com noted that in 2017 alone, NEO rose almost 85,000%. That is a return that only the most optimistic crypto investor could dream about. The great thing about NEO is that while it seems like its bull run must come to an end, it just keeps going up. Many crypto prognosticators feel that NEO is a sure fire pick to reach 4 digits each by the end of 2018. It’s potential is limitless… as long as China does not strangle it with regulations or start ban cryptocurrency exchanges such as Binance.
If you can’t tell already, I am a HUGE fan of cryptocurrency. I believe that we are very possibly looking at the start of an economic revolution in the world. It has long been suspected that the weakness of the US Dollar, the Euro, & other currencies has created an opportunity for a new type of currency to become the new world currency. I’m not Nostradamus, but I do believe that cryptocurrency could be just the platform to replace the dollar as the world’s currency.
If you haven’t heard of Bitcoin, then you have been living under a rock. Bitcoin has taken the internet world by storm and sparked a cryptocurrency movement. Using blockchain technology, cryptocurrencies are able to be traded all over the world with complete anonymity. While many people have used cryptocurrency to make nefarious purchases on sites such as the shut-down Silk Road, many have found it’s qualities quite useful.
There are so many cryptocurrencies (also called altcoins) popping up seemingly every day. At latest count, there were over 800 different cryptocurrencies you can purchase ranging from the most expensive at over $15,000 to micro coins costing only fractions of a penny per coin. So how can you take advantage of the rise of cryptocurrency?