The cryptocurrency is living hard days. Since the beginning of the year, virtual coins constantly dropped, so now their value is much lower than it was in 2017. Since the first quarter of 2018 is over, we can say that fluctuations can have a negative influence over crypto, so certain stability is necessary for putting things back on track.
Although in the last days the cryptocurrency has started to grow, reaching almost $0.5, we cannot say without a reasonable doubt that the situation will go on like this. Anything can happen in just a few minutes, so let’s not take anything for granted yet.
Things can go better if you make smart choices
Now, we know for a fact that the price of some cryptocurrency is much lower than it was at the beginning of 2018. Just to give an example we can say that Bitcoin (BTC) can only be traded at half of the price from January. The situation is the same with most of the virtual coins, except one – VeChain (VEN).
While others were struggling to stay on the surface, VeChain managed to grow its’ price. In the last months it has reached a point when it is worth 14% more than last year at the same date and this is a notable progress considering the actual circumstances. Now is a good time to buy it, because you can pay it at a discounted rate and you can trade it for more money than you could last year.
If you want to buy it, now it could be a good time to do it. Soon, a live platform will be launched and you will be able to buy and make live operations with VeChain. This is possible because the owners have experience in using technology; before it became a crypto coin, VEN was a smart chip.
It can be a good idea to buy VeChain crypto coins, but before you do that look for more information and see if you are ready for this step.
Nicole Hicks a graduate of UFT. She’s based in Toronto but travels much of the year. Nicole has written for NPR, Motherboard, MSN Money, and the Huffington Post. Nicole is a financial reporter, focusing on technology, national security, and policing.