Crypto currencies and tokens will explode in value this summer. All of us know how the crypto market exploded at the end of last year. We saw Ethereum, Bitcoin, Litecoin and more hit all time highs in the months of November and December 2017. This summer will repeat that year end surge. During the months of June, July and August of 2018, we will see all NEW all time highs in many of the crypto currencies and tokens. The rise, in the over all crypto currency market cap, will continue throughout the year. Expect to see a $1 Trillion dollar market cap by the beginning of 2019.
How can I be so sure that this will happen? Well, I am not a prophet, but all signs are indicating that this will happen. In my past articles, I have written about the warnings of mass exposure to the corruption that is rampant within governments, banks, Wall Street and corporations. More corruption exposure will be released this summer. The evidence of such mass corruption will shake the confidence of the general population.
In order for governments, banks, corporations and other institutions to have credibility, people in general, must have confidence in them. This confidence is going to be shaken more and more as this year unfolds. Dishonesty and corruption, unfortunately are the norm not the exception. Governments are in debt that they will never be able to repay, or if they do, it is with hyper inflated Zimbabwe like dollars, worthless. Banks are not solvent. There are already reports of a local bank not even able to supply a $325.00 cash withdraw request from a depositor. That is crazy, not even having $325.00 cash for a bank customer, what is going on?
When people and institutions begin to panic with regards to the U.S.A. banking system, there are only a few alternative options to turn to. Crypto currencies, gold and silver. All three are excellent options to turn towards. Crypto currencies are very efficient and easy to transact with. No physical storage is needed and no purity verification is needed. Remember, there is a lot of "fake" silver and gold out there. Since we have a global network of computers, servers, internet infrastructure and smart phones out there, digital assets is the next logical evolution of money and transferred value/wealth.
The value of cryptos will explode starting this summer. Venezuela is offering a 30% discount to India and any other country that purchases their oil using the crypto Petro dollar. NASDAQ wants in and becoming a crypto exchange. Crypto currency securities will start to roll out in 2019 throughout the global stock markets. Big banks are jockeying for a piece of the global crypto currency/token infrastructure. This summer, we will see huge institutional money and well known Wall Street billionaires investing heavily in cryptos. There is already a huge back log of OTC (over the counter) orders in for Hundreds of millions and billion dollar orders for Bitcoin, Ethereum, Litecoin and other top 30 cryptos. Goldman Sachs has announced that Bitcoin and cryptos are not a scam and will have their own trading desk hopefully this year. Plus, South Korea legalizes ICO's in their country now that regulations are in place.
Now is the time to purchase your favorite cryptos and develop a well diversified portfolio. By the end of this summer, "cheap" cryptos will be hard to find. Be patient, having a 2 to 3 year strategy in cryptos will enable you to gain life changing wealth, possibly generational wealth.
image from: crypto-freedom.com