Cryptocurrency investing 101 - Coins Under $1 Updated with price predictions & results Video Lecture | Cryptocurrency Fundamentals: Buy, Sell and Trade Cryptocurrency - Business Basics

hello everybody welcome back for another
video hope you're all doing well and
having a great day going to be doing
something a little different today I've
been receiving a lot of requests from
people asking me how to invest smaller
amounts of money into cryptocurrencies
and I sometimes forget that uh I've been
in the in the market for so long that I
forget that not everyone has a huge
amount of money to dump into the market
I think a lot of us take that for
granted sometimes to start things off I
am NOT a financial investor I am NOT a
professional in any way I'm just a guy
making videos on YouTube I'd like to
help other people out so this is why I
make these videos before you put your
money into any coin into any
cryptocurrency or any type of investment
make sure that you know exactly what you
are getting into first please make sure
to do your own research you would not go
out and buy a house without checking the
walls the floors electricity or the
plumbing and the same thing goes for
cryptocurrencies don't just dump your
money into something because you heard
someone else say it on the Internet
so pretty much the entire point of this
is is that the cryptocurrency market has
grown dramatically there are a lot of
new people who are looking to get into
cryptocurrencies and a lot of times
because we do have 1584 currencies right
now it can be a bit daunting to know
exactly where to put your money a year
ago this may have been a bit easier
because prices were a lot lower than
they are now and for the kind of the
same reason you putting $100 into
Bitcoin when it's eight thousand eight
hundred and sixty nine dollars doesn't
really make much sense because you won't
make as much profit as it would be if
you put it into a coin that has a
smaller dollar amount at the moment so
I'm gonna be going over five coins that
I think are safe bets when it comes to
putting your money into cryptocurrencies
crypto currencies if you do not know is
a very high risk extremely high risk
investment it's more so than the stock
market or anything else that I've put my
money into but because there's such a
high risk there's also a high chance for
a high reward like I said please do your
own research I cannot repeat this enough
there are a lot of coins and I do
believe me personally are still
extremely undervalued because of what is
happening in the market and exactly
where the market is heading as we move
closer to the summer and
as we move closer to the end of 2018
this is a year of regulations and as
regulations start getting passed through
the entire market certain coins will
exceed more than others or at least this
is my firm belief to start things off we
all know the saying this one goes if you
put a hundred dollars into Bitcoin in
2010 and is now worth seventy five
million dollars today that's actually
this was actually written on May 23rd of
2017 when the price of Bitcoin was two
thousand two hundred dollars so this
would literally be one-third this is two
hundred and sixty million dollars if you
had put $100 into Bitcoin in 2010 I know
it hurts we've had this discussion
before on the channel we all wish that
we had a time machine to go back there
but just to put this into perspective
I'm very glad that I found this website
around exactly a year ago the etherium
is the number two coin on the market
right now because of what the coin does
I will not go into it in this video too
much because I'm not going to be talking
about etherium but just to put it into
perspective exactly a year ago each
etherium was worth around $8 it's now
624 if you had a hundred dollars put
into e theorem you would have gotten
12.5 aetherium 12.5 aetherium $1 e so
what you bought it for the total value
of what you would have you invested a
total of $100 for a profit of seven
thousand seven hundred and six dollars
roughly around a year later that is
incredible this is why a lot of people
are into cryptocurrencies because you
can not get these returns on any other
major investment you cannot get this in
art unless you become very lucky you
cannot put $100 into real estate unless
you are buying a door handle or an a
knob and you there's no other there's no
other way to really put a small amount
of money into crib TN do any type of
investment and to get a major return
back this is why cryptocurrencies are
very attractive to a large number of
investors because if you want to invest
in any other way it takes tons of
paperwork tons of time and usually tons
of money when we can see if we got it at
the right time we would have millions of
dollars or even if we had gotten in just
one year ago you still would have made a
couple of thousand dollars just from one
hundred
you may have had on the sidelines same
exact holds true for litecoin which was
the original child of Bitcoin whatever
you want to call it
a year ago it was around four dollars
per light coin it would have gotten you
25 from your $100 which would have given
you around three thousand six hundred
and forty eight dollars a bit less than
the etherium but just goes to show that
there is not one place for you to put
your money in order to make money that
is to say a lot of people believe that
you have to invest in just one
cryptocurrency or nothing else will kind
of make sense to you and you won't make
any other money there's a lot of room in
this market for growth and there are a
lot of different coins that show the
promise of huge growth going into the
future
first up if you've been in this channel
before you know that I love Ripple the
currency is called XRP for those who did
not know I like them because the entire
point of ripple the original point of
ripple was to be the coin or the network
for banks because if you're trying to
send money overseas it takes days when
you send the text message to take second
so their point is it should be taking
you seconds as well to send value across
borders or to your friends and family
whoever you are trying to send it to the
original price of X RP a while ago was
literally less I pointed out the screen
as if you guys could see my finger it
says the price right here price USD it
was less than one cent you would have
tons of money if you had gotten an early
enough but exactly where ripple and x RP
stand right now there's still a huge
amount of growth if you are just getting
into crypto currencies this is one of
the most hated crypto currencies because
the idea behind crypto assets was this
utopian idea to get away from banks and
stuff like that and this is the opposite
of what the ripple and XRP are going for
they believe that banks will not die
anytime soon and therefore they are
trying to integrate their self into the
system they now have hundreds of
partnerships with banks and financial
institutions and it's because of this
when you look around or even when you
kind of do the math what is going to
come down to eventually the price
projections for x RP this year are
floating anywhere from $5 so that's a
five times increase to
fifteen dollars and the craziest one
that I've seen for 2018 was $589 don't
hold me to that it's actually from a guy
who makes photos and stuff online it's a
lot weirder than it even sounds what I
just said
but they're very huge prospects for this
project and exactly what they're doing
like I said please make sure to do your
research on all these projects because
they actually are very interesting and a
lot of them are trying to take bitcoins
spot in the number one position next up
is another coin that I really like a lot
it's called EOS or EOS depending on how
you want to say it the entire point of
this project is they say or claim to be
an upgraded version of aetherium they
call themselves the etherium killer
if yeoreum is the number two coin and to
put it as blunt and as honest as I
possibly can this is around the exact
same amount that etherium was around one
year ago and the entire idea behind this
is that they want to build gaps or
decentralized applications so it's kind
of like what you have on your phone but
on top of this entire platform and they
want to have thousands of them running
through the through their network in the
exact same time not trying to spend too
much time talking about each individual
project but there's a lot of hype and
enthusiasm around the EOS project for
what they say that they can do and at
the moment they say that they are able
to process more transactions than
aetherium and Bitcoin and many other
coins combined and if this is true there
is a very big upside to exactly where
EOS will be by sometime the end of this
year current price projections are
putting EOS around anywhere from 100 to
300 dollars by the end of 2018 so that
is a very healthy 2018 yet though said I
thought I said 2013 for some reason
sorry about that I think I was looking
at the number three by the end of the
year so that is also a very healthy
return that you could possibly have I am
NOT the biggest fan of iota for a number
of reasons there have been a lot of
people who have come out against iota
but the iota project in the iota
team is very strong regardless of what
is happening in the project right now
regardless of what is may or may not be
a fault in their project these things
can be fixed is all on code and you know
technological things that can be ironed
out
iota is they plan on or what they want
to be is they want to be part of the
Internet of Things that's the IOT
meaning you will have eventually at some
point in the future your fridge will be
able to talk to your oven which will be
able to talk to your front door which
will be able to talk to your phone and
your fridge will be able to tell you
that you are running low on milk inside
of your fridge do you want us to buy
some more milk and iota wants to be the
coin that kind of goes through all of
this and tells you and your house
exactly what is happening so they have
very big plans for the future
iota can be a I want to say an absolute
monster going forward like I said I
personally don't care about it but make
sure you do your own research because a
lot of people do like this project and
there are a lot of up swings and exactly
where this price could be I like this
website because they say you know if you
put a certain amount of money into a
certain cryptocurrency exactly where it
could be so they said if you bought two
hundred dollars worth of iota today you
would get a total of 978 my Oda which is
the coin of iota based on our I oughta
forecast a price increase is expected in
the future with more adaptive Iota the
price forecast for 2023 so that's five
years from now is three hundred and
seventy-three dollars per coin with the
five-year investment the revenue
expected to be around thirty-five
thousand percent growth your 200 or cut
that in half one hundred dollar
investment into my Oda maybe thirty five
thousand dollars or around seventeen
thousand dollars by 2023 there's no
other asset class that can get you
Returns like this like I said high-risk
high-reward so please make sure to look
into what you're putting your money into
but a lot of people still believe that
iota is heavily undervalued and I kind
of do as well simply because of what
they're looking to do and the community
behind them and the developers behind
them as well a lot of people may not
like the project but they do have a lot
of meetings and stuff like that and
they're slowly becoming
integrated into a lot of systems that a
lot of people may be using in the near
future next up is something called
Gollum without getting too much into it
Gollum aims to be the world
supercomputer as daunting as that may
sound they say that if you have leftover
computer processing power that you were
simply not using because you're on
Facebook and you know the rest of it is
not being used you can give this power
to other people who are working on major
projects people who are whether they're
editing something online people who are
trying to make a movie people who are
trying to figure something out some type
of mathematical problem my main thing
that I like about Gollum is that a lot
of scientists are talking about using
this as a world supercomputer to try and
find cures for diseases a lot quicker
this is going to pick up very very fast
I believe that Gollum actually just
launched their maintenance so they are
now online if you will a couple of weeks
ago so this is kind of where you see
this major spike that we've had over the
last couple of weeks and I personally
think even from its all-time high before
Gollum even launched up around a dollar
15 cents somewhere around there that the
price is definitely still undervalued
for something that they're trying to
make a world supercomputer don't don't
underestimate exactly what that is going
to mean and how powerful this could
possibly become if Gollum is able to do
everything that they say that they can
do so five-year projections for Gollum
are around 93 dollars per coin from
around 52 cents and it seems pretty
believable exactly that this could
possibly happen as we go forward and
more people start to use the Gollum
Network because even the things that I
just mentioned there are still tons of
other things that golden can be used for
it's the same way when Bitcoin litecoin
and aetherium were first created the use
of the use cases for these coins are now
far greater than we ever could have
imagined over at only just a couple of
years later because we're still finding
new applications and new ways to be able
to use blockchain technology last but
not least is a coin called
bat or basic attention token it is my
firm belief me personally that the coins
that are going to make it are things
that become integrated into social media
things that people will be able to use
on a
a basis and this is exactly what bat
aims to do they want to be the coin that
people are using on social media on
social media platforms they want to be
able to if you are watching someone's
video on YouTube if you are watching
someone's video anywhere if you like
their blog if you like their live stream
you go I like this instead of you
sending them throwing pennies at the
screen you can just send bat instead and
it's actually integrated into this
browser that I'm using right now called
brave
I believe we're also able to send people
money on YouTube through the brave
browser you can send them bat as well so
as this beginning state begins or
continues to pick up and more people get
into this I think this can become very
very big in the future once again this
is a video on if you a lot of people
don't want to throw tons of money into
investments especially things that they
are not sure about a lot of people are
new to investing so I think I think $100
is a it's an okay amount to start
throwing into cryptocurrencies if you
would like to get into the system if you
are unsure about getting into
cryptocurrencies maybe even only do $50
you don't have to dump tons and tons of
money into these projects in order to
simply make money like I showed you
before from the other projections over
the last year literally the last 365
days or so but cryptocurrencies are very
interesting and it's something that I
think is going to take a lot of people
by surprise because they don't
understand exactly what a lot of these
coins are planning on doing just because
I told you these five coins it does not
mean that there are not other coins out
there that could potentially have a
bright future as well but a lot of the
coins that I could have told you about a
year ago are now four hundred two
hundred seventy-five etc et-cetera going
on but yeah tell me if you believe I
missed any coins please not any
pump-and-dump coins a lot of people
continue posting things in the in the
comments section coins that aren't even
real that they're trying to make quick
gains I made this video because I do
want to help people who are looking to
get into the cryptocurrency space once
again tell me if I miss anything I
really really hope that I helped I will
try to make another one of these I guess
in about uh maybe about two or three
weeks to see if I can cover any other
coins and maybe go a bit more in depth
on them
well but to finish this off please make
sure to do your own research
cryptocurrencies is a very exciting
space to even read up on the things if
you're looking to get into them as well
this video may not have been for people
who follow me normally but for anyone
who is new I hope that I help out and I
hope that over the next couple of years
I could potentially make you a couple
thousand dollars thank you once again
for all your support thank you once
again I hope you guys are having a great
day wherever you are wherever you might
be whatever you might be doing thank you
once again and I will talk to you all
soon see you