This year I have decided to try and invest what I can in cryptocurrency that I think may have a real future, one just as solid or more solid than Bitcoin. I missed my opportunity for a great early investment in Bitcoin. I believe in Bitcoin and always will, but there are other alternatives and technologies that present the possibility of a great early investment like the one I missed with Bitcoin.
I think you're more likely to lose money on those alts to be honest. Why don't you just stick with bitcoin if you believe in it? Just because you missed out doesn't mean to say you can't gain in the future. I think there's still massive potential to make gains on bitcoin but it will take time. We could still be early adopters if bitcoin goes mainstream.
Raeg,
You are absolutely right about Bitcoin. What I guess I am trying to say there is that because I believe in Bitcoin, I have a strong inclination that BECAUSE of Bitcoin, other ideas will flower to fruition, such as Ripple, Stellar, NXT etc. ALL ideas that have emerged for altcoins and platforms that go with them came from the original idea and concept of Bitcoin. I missed out on buying 1000000 bitcoin for $150 when they were worthless ( I dont know how many I could have recieved, thats just a guess to make the point). I now, however, have the same opportunity with other 'technology' and hope to one day cash in just like everyone else. But like Ive said before, I dont believe in 'JUST A COIN' 'coins'. There has to be more behind them. I love Bitcoin and DO invest in it. I just think there are larger opportunities out there. I dont however, believe that Bitcoin will ever die. I believe that one day Bitcoin may be the "DOLLAR" of the Cryptocurrency, and may well be there now, in that all other cryptocurrency values will one day be based SOLELY off the value of Bitcoin. The dollar, one day, will have nothing to do with it and will eventually be as worthless as InfiniteCoin . ONE (maybe more) of these new technologies will one day REPLACE the ENTIRE global financial system. Just think about it....bitcoin exchanges and payment centers have debit cards, digital wallets you take with your person everywhere like a real wallet, and all the other benefits that come with Bitcoin (security, low fee's, etc.) Now think about one of these technologies such as Ripple for instance. It COULD become the new WORLD money, knocking down financial boundaries and becoming the new 'dollar' or 'yen'.......the masses ( if it were made easy to understand and operate) I believe, would except it and use it EXCLUSIVELY, for a number of reasons. I dont have much more time to write but here is one reason why: The US government prints money as it pleases and borrows trillions against gold that most likely isnt there and has the ability to just remove your funds from your acct and tell you to f off. ( Like they did in Cyprus) With cryptocurrency, ALL of that can be COMPLETELY STOPPED. Not JUST cryptocurrency though, an ENTIRE NEW MONETARY SYSTEM. 'Coins' only address part of the global financial systems problems.....platforms like Ripple, Stellar, SuperNet, Bitshares, etc all are trying to fill a void that has NEVER been modified to function FOR THE PEOPLE. I just choose the three I did because I believe and hope in them from the information I have studied.