The rise of the altcoins

As many of you are aware, bitcoin price has been going pretty crazy lately ( meaning going up to 20,000 before dropping a bit in the past few days). What some of you may not have heard, is that a few alt coins also are going crazy in price too. ETH, LTC are some of the big winners this past week. This seems to be a trend in cryptocurrency. bitcoin is essentially mainstream at this point, or at least people in the mainstream talk about it quite a bit, so it's a starting place for people entering the crypto world. But as people research more, they perhaps realize that other Crypto currencies are actually better from a technical standpoint. And perhaps that is why altcoins seems to lag in price compared to bitcoin.

In other news, I am working on trying some more altcoins. I have downloaded a monero wallet, and will be posting more on that later.

Sponsored post on Paxful

I have a sponsored post today from Itumeleng Senekane, her bio is at the bottom, enjoy!


Investing in bitcoins is currently a very good idea. Bitcoins can be sent to any location on earth from anywhere in the world. Bitcoin payments cannot be blocked by banks and they make cross border payments easy, this has become the best way you can overcome failed Government monetary policies. If you are in a nation like Zimbabwe for example, investing in bitcoins and using it as a currency is probably the best thing you can do. 

Bitcoins are open to everyone and anyone can invest however do your own homework learn all you need to know about cryptocurrencies and invest. Bitcoin is currently the most profitable cryptocurrency to invest in and this is because it is the first decentralized digital currency. Some advice before you start though:

1. Never invest more that you can afford to loose. Bitcoins are a risky investment, high returns always come with high risk.

2. Move bitcoins to your personal wallet after buying them. You can buy bitcoins from Paxful. Paxful allows you to buy bitcoins with over 300 different payment options. Its easy and safe and allows you to start with smaller amounts. This platform is a peer to peer marketplace that connects buyers to sellers. After you have bought your bitcoins you can move them to a wallet like CoinBase or any other wallet of your choice. Chill relax an watch your investment grow!!

NOTE: Ensure you buy bitcoins from exchanges with a proven record like the ones suggested above. Average the price over the whole year by buying bitcoins by a fixed amount regularly.

Itumeleng Senekane is a mosotho woman that currently lives in South Africa. She is a freelancer/business woman/bitcoin entrepreneur. She has never allowed her location and background to determine how far she gets in live. She is always pushing boundaries and currently making a fortune out of bitcoins.