Posted December 01, 2017 10:29:18There is no need to panic just yet, as crypto coins have proven to be very resilient and can still be taken advantage of as they are still in a state of evolution.
However, there is a chance that soon the crypto world will become a little bit more focused on mining cryptocurrencies and that may be the time to move towards the next step.
The crypto world has been experiencing some turbulence and has not shown any signs of slowing down in the last couple of months.
With all the recent moves towards ICOs, it may be time to consider a little more security in your crypto investments.
According to a report from Cointelegraph, the price of crypto has gone up to a new record level of $2,000 a coin.
The value of a bitcoin has also gone up by a whopping 4x, reaching an all time high of $4,858,800 on January 15.
This means that crypto now makes up nearly 20% of all crypto-related trading volume.
At the moment, there are around 7.8 billion bitcoins in circulation.
However this number is expected to rise to a staggering 9.6 billion by 2023, when the global total will reach 20 trillion.
With this, it is clear that crypto is poised to continue to rise.
As the new year approaches, it’s time to take stock of your crypto assets.
For this reason, it will be wise to do some research into where your crypto is currently valued and what you can expect in the coming months.
If you are a cryptocurrency investor, the next few months will be crucial.
Many people have been trying to buy crypto but it has not been easy.
A number of exchanges have closed down due to lack of demand, with most of them going offline for the first few days of the new financial year.
There is also the possibility that some of these exchanges will resume trading in the future but they will have to start with a lot more of the tokens that are currently in circulation than they have so far.
It will be interesting to see what happens in the upcoming months.
However it is also important to remember that crypto has a lot of upside potential as the global population is getting bigger and more tech savvy.