This is obviously no easy decision to make. Especially if the first time you decided you’d better jump into investing in cryptocurrency was on new years day this year, when Ripple rose 34 percent in one day. It had previously risen 3977% in the first half of 2017.

But most people, probably including many people you know, hopped into Ripple XRP in Australia around the 4th or 5th of January because of FOMO (fear of missing out).

Then, when it dropped back off to around $2 AUD, when news broke that Coinbase wouldn’t be adding the crytocurrency any time soon to their 13-million user exchange, I bet most people also chose to get out.

Not me.

And not just because I’m stubborn.

Because I’ve done my research on many of the 1350 cryptocurrencies currently available for investment purchases, and I like what I like.

But what about Bitcoin?!

Truth be told, I bought my first Bitcoin for $90 AUD. Only problem was, I paid a dodgy wallet at the time and my money was taken and I never received any bitcoins. And people don’t like to hear stories like these, because all they think is, “oh well, you should have tried harder!” and they’re not wrong.

What I’m about to say, I haven’t seen written anywhere… but this is how I see Bitcoin.

Remember Friendster in 2003 and 2004? The very first social media platform? There were millions of users and everyone thought that was that. THIS was THE social media platform.

Then along came MySpace. It was the NUMBER ONE website in 2006 and was valued at $12 billion in 2007.

Later that same year, 2007, Facebook came along, and became the dominant social media platform. I don’t think anyone believes it can ever be beaten from that point onwards. They just got it right.

Merely one year later, in 2008, an anonymous paper called Bitcoin – A Peer to Peer Electronic Cash System was posted to a mailing list discussion on cryptography. Posted by an anonymous person going by the name Satoshi Nakamoto.

Bitcoin was the dominant cryptocurrency from that point onward, including during 2017, when it made thousands of people who’d invested a few hundred dollars, millionaires.

We’ve all seen how Ethereum, Ripple, Stellar Lumen, Tron, Cardano and Litecoin have been jumping up and down, as the new altcoins on the block, over the last few weeks…

So, at this point, I would like to run these scenarios by you again to come to your own conclusions.

Friendster. Myspace. Facebook.

VHS. Beta. DVD.

I believe at this point, that Bitcoin is Friendster. VERY popular at the moment, but not very well designed with lots of flaws. As in the expensive cost to transfer and the slow speed of transfer.

So then it must be Ethereum that’s going to be king, right? Which is cheaper and faster to transfer.

The only problem with these two cryptos is… the financial institutions and the banks and the governments would have to allow the entire modern global monetary system, most notably created as the Federal Reserve Bank in 1913, to come crashing down to make way for a brand new system.

Who believes the powers that be are going to allow this to happen?

If you do, or if you truly believe these cryptocurrencies can’t be stopped now that they’re running, go ahead, and invest all your money in them.

Just remember that most of the people on this Earth like to live a “mainstream” existence. This means, they listen to popstar music or Nickleback rock music and drink skinny latte’s and drive Hyundai motor vehicles. Do you think these people are going to feel safe, knowing around 80% of Bitcoin is probably owned by Chinese crypto-mining interests and a large percentage is probably owned by organised crime?

And every-other-day hackers are bringing down hospital mainframes and demanding anonymous encrypted payments of 20 Bitcoins?

Not a chance.

I know a lot of us are computer geeks and want a fundamental change to our entire existence on this planet. Including how money is created and controlled. However, I believe WE, and people who think like this, are in the minority. I hate to say that, believe me. But don’t you think this is all just moving a little bit too fast for massive and instant change on such a massive scale to occur?!

So, governments aren’t going to let Bitcoin come into existence as an “everyday” cryptocurrency. It’s as simple as that. Unless, we literally go through the biggest revolution WE, AND OUR PARENTS, have ever seen in our lifetimes.

I’m personally up for it. But I doubt most of the 7.4 Billion people living on this planet are?

Can you truly see governments and banks just giving everything up (the last 104 years) and just saying, “oh well, we had a good run!”

WAKEY WAKEY!!

So, what other choice do we have?

The crypto that was invented second perhaps? The “myspace” of crypto? Ethereum.

Only problem with this is, most of the same attributes of Bitcoin apply. Only difference is that it’s cheaper and faster to transfer. There’s still lots of questionable people who own it.

Which brings us to the third most popular crypto to have ever been invented.

Ripple XRP.

There’s a good reason banks and corporations are getting behind this coin. I’m not saying I like it, and I’m not saying you have to like it, I’m just asking you to really think about what the chances are… of a cryptocurrency being allowed to come into existence as an “everyday” currency by the current powers that be, so THEY CAN BE INCLUDED TOO, in regards to the NEW future of currency and how we pay for our day to day existences.

I’m not telling you what to do.

I’m not saying I’m right.

I’m not even saying the old-guard has a right to the new future…

I’m definitely not saying Ripple XRP is the holy answer.

Actually, I believe there’s another cryptocurrency that is going to be the answer… but I’ll speak more about this a little down the track.

But what do I know anyway, right?!

Well. As Australia’s top domain name broker (DBR.com.au) in 2017 (and second highest ccTLD sale for that year in THE WORLD), I knew someone would pay $132,000 for the Fetch.com.au domain name. I knew someone would pay $63,500 for Sumo.com.au and $63,500 for Urban.com.au(.)

I was “speculating” what these awesome domain names would be worth for people to pay good money for.

And I was right.

And all I’m doing now is… still speculating. Only this time, about cryptocurrency. From months of research on various ecoins.

Trumpet blown.

And I’m only just getting started. And any one of us can get started today and call the shots, because this whole crypto industry is only really just getting started for everyone.

Okay, all I’m saying is do your own research and don’t just be diving in because of FOMO.

I’m pretty new to all this myself, in the scheme of things… Actually, I don’t know ANYONE who claims to have all the answers about cryptocurrency at all, at this point in time!!!! But, coming in with a professional “speculating-wired” brain, as I have, I suggest you do your research across 6 to 10 ecoins, invest all the money you can “afford to lose” in two or three of them, and then hold on to dear life without selling NO MATTER WHAT for at least two years.

Ripple XRP is only my second-favourite cryptocurrency. (Yes, I know many hardcore crypto-maniacs don’t even classify Ripple as a crypto, but…) And I’ve invested in six cryptocurrencies. But I’ll tell you why I am heavily invested in Ripple in particular.

Because of this article posted by Ripple.com in April 2016: https://ripple.com/ripple_press/hsbc-executive-swift-board-member-joins-ripple-support-continued-global-growth/

HSBC EXEC and SWIFT BOARD MEMBER JOINS RIPPLE.

That’s why.

Ripple XRP is designed to replace international SWIFT transfers. And the banks want something that’s centralised and stable. And last week Ripple signed MoneyGram to their technology and crypto platform… And later this week they will sign up another bank or corporation, I’m sure. And you’re waiting to push the button… for… what? … when?

Ringing any bells yet?

Invest responsibly, and remember, I don’t know what I’m saying or doing at the best of times, so don’t do anything I say or invest in anything I speculate on.

Always remember: I’M MOST PROBABLY WRONG!