Is It Too Late to Buy Bitcoin, Ethereum or Any Cryptocurrency! Here Is How High They Will Go

Are you worried that you may have missed the boat when it comes to buying bitcoin, ethereum or any other type of cryptocurrency? You may not have even known bitcoin trade existed until recently and now that you see how high the value of it is, you wish you would have known about it earlier. A lot of people seem to be feeling this way right now, but there is still time to buy cryptocurrency, and if you go about it strategically, it can be very affordable. Just a year ago the bitcoin exchange rate was at USD 1300 and ethereum was around USD 75. Now bitcoin exchange rate is up to around USD 14,000 and ethereum is at around $800. So you can see just how quickly the value can increase in just a short period of time. The total cryptocurrency market cap in 2016 started around USD 7 Billion and by the beginning of 2017 it was at $18 Billion, then just four months in it was at $35 Billion. So no wonder people are starting to question whether they should still invest or not or if it's way too late to jump in on it. While it's pretty high risk to invest in something after it's gone up 100% since the total market cap will continue to grow in the long run to reach $100 Billion.

Node Investor on YouTube shares some great information with us in this video showing us how much the value of bitcoin has grown by comparing it with stocks like Amazon and Apple for examples. Even though this is not an apples to apples comparison, it still gives us a good idea of where the cryptocurrency sits right now, how much it's grown in a short period of time and how much potential it has for growth. So currently Amazon which is probably one of the most valuable stocks on the stock market right now was 438.94 billion in April of 2017. Then Apple was at 754 billion at that time which is incredible. Other stocks that are up there are Facebook, and then beyond that, you have the Dow 30 and Gold. He shows all of this in a nice visualization he created which really helps to put everything into perspective. The biggest circle is, of course, gold which is at 8.2 Trillion. The Dow Jones is just behind that and then the total US dollars in circulation is at 1.5 Trillion.

If cryptocurrency is as groundbreaking as people think it is, that means that even if you invest into it now, you're very early in the game in the larger scheme of things. Cryptocurrency has the potential to surpass other stocks entirely, so when he says that he sees it getting to 100 billion that's being conservative. But just as any new technology there will be some ups and downs as the years go on still before it levels out. A great tip is to invest what you can and invest only as much as you can bear to lose. So if you can invest $100 invest that. Even investing only a dollar or two a day will be better than waiting for the value to fall again because at least you'll be working toward building your overall amount. He says that the best thing to do is buy it when it bases, and just as it's going up again. Also, you should diversify and invest in a couple of different crypto currencies at a time. Listen to the entire video and more of his content to learn more about bitcoin trade and cryptocurrency.***