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Topic: Criteria for choosing Altcoins? (Read 131 times)
The past few years have seen some happening for Bitcoins and Altcoins. Bitcoin has rallied strongly and is now a new digital asset class. Nobody can look away anymore, Bitcoin is famous. 
This is because Bitcoin is now entering the funding phase. Wall Street and other financial centers have discovered the crypto market and are now investing millions of dollars. It also develops all types of financial products around Bitcoin: options, futures, bonds and ETFs.
Financing will provide the next impulse for the crypto market in the coming years. However, most investors are focusing on Bitcoin, while so much more is available in the crypto market. There are several Altcoins (among which are also many shitcoins) and especially ICOs, so new projects that raise money to build the project.
The new generation of Bitcoins promises new revenue opportunities for many investors who missed the parabolic rise of Bitcoin. Many Altcoins now go through the parabolic climbs, but that's not the right approach. Special attention should be paid to the pump and dump coins as these are influenced by faked market manipulation. For good profits you have to accurately analyze the Altcoins.
Because who believes that the crypto market consists only of Bitcoin, is wrong. In addition to Bitcoin, there are currently many Altcoins. All coins have specific techniques and applications. Well-known Altcoins are: Ethereum, Litecoin or EOS.
Now you have to buy the right Altcoins, because the returns are many times greater than Bitcoins. The statistics show this clearly. Those who invested their money in the biggest coins at the beginning of 2017 were able to increase their value.
But you should also consider the risks.
What criteria do you use when choosing Altcoins?
This is because Bitcoin is now entering the funding phase. Wall Street and other financial centers have discovered the crypto market and are now investing millions of dollars. It also develops all types of financial products around Bitcoin: options, futures, bonds and ETFs.
Financing will provide the next impulse for the crypto market in the coming years. However, most investors are focusing on Bitcoin, while so much more is available in the crypto market. There are several Altcoins (among which are also many shitcoins) and especially ICOs, so new projects that raise money to build the project.
The new generation of Bitcoins promises new revenue opportunities for many investors who missed the parabolic rise of Bitcoin. Many Altcoins now go through the parabolic climbs, but that's not the right approach. Special attention should be paid to the pump and dump coins as these are influenced by faked market manipulation. For good profits you have to accurately analyze the Altcoins.
Because who believes that the crypto market consists only of Bitcoin, is wrong. In addition to Bitcoin, there are currently many Altcoins. All coins have specific techniques and applications. Well-known Altcoins are: Ethereum, Litecoin or EOS.
Now you have to buy the right Altcoins, because the returns are many times greater than Bitcoins. The statistics show this clearly. Those who invested their money in the biggest coins at the beginning of 2017 were able to increase their value.
But you should also consider the risks.
What criteria do you use when choosing Altcoins?
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