The volatility in the cryptoverse isn’t limited to a single coin. Almost every cryptocurrency, especially Bitcoin, suffers from high volatility. While being volatile means that the price of a coin can suddenly spike, it also means that the price of a coin can suddenly drop. While you should always keep in mind that the cryptocurrency market is volatile, you can still protect yourself by investing in coins that have proven to be more stable that Bitcoin. A typical example is NEM (XEM).
NEM (XEM) Price Prediction 2018
NEM (XEM) is one of the most stable cryptocurrencies in the market and in the first quarter of this year, it went as high as $0.29314 but later fell to $0.090656 during the bearish wave that hit the market. After that, the cryptocurrency rose again to $0.349178 and later went down to $0.20. These fluctuations may be discouraging but the truth is that no road is smooth when it comes to investing. That’s why there is something called ‘risk’.
NEM (XEM) Price Today
There will be days when NEM will rise by 10% to 20% but the trend will always remain upward. This means that even if the period is rough, you’re going to get significant returns after you wait out the storm.
Why You Should Invest in NEM (XEM)
Within a ten month period, a lot of investors became rich by investing in NEM. It is cheaper than Bitcoin so it’s easier to keep up with lose. It’s affordable so you can get a lot of coins with little capital. The money you’ll use to buy one Bitcoin can be used to buy thousands of NEM (XEM) coins. The platform is user friendly so you don’t need to have knowledge of programming to enjoy it. When compared to Bitcoin, it has far more case uses in real-time.
NEM (XEM) is a good investment option for those who want to expand their portfolios or are tired of having the heart aches attached to trading Bitcoin.