This is a good token metrics. Algorand is also one of the mid to major project out there and surely this will hit once the market already go to altcoin season. Right now bitcoin is the main attraction and some major coins such as eth so I think this would occur once eth has continue its trend.
Its so good to see that bitcoin already surpass its previous ATH and many have been bullish since then. I am eyeing Algorand and likely to buy it during heavy fall.
Topic: Newbies should invest in Algorand but why? (Read 140 times)
Traders are now focusing their eyes on bitcoin because the price already makes the new ATH, and the price still increases. Maybe $22k will break soon, and that means we will see the next ATH this day. I don't buy algorand, but maybe I will invest it later as soon as the bitcoin price stable or making a correction because that can make the algorand price go down for another correction. If that happens, we will have a chance to buy that coin at a low price, but we need to watch or analyze more if you want to buy it.
It is not late to invest in the coin that you have mentioned. But for the newbies, the best investment is bitcoin. You see that there's a skyrocketing that happens for bitcoin and newbies shouldn't miss it.
They can observe whether it will continue to pump up to $25k or $30k or it will eventually start to correct.
They can observe whether it will continue to pump up to $25k or $30k or it will eventually start to correct.
Newbies should invest in Algorand but why?
If you remmeber the history of crypto, you will find that almost every smart contract supported currency has gain almost 1000% of ROI. Investing in NEO will not be more worth-full than investing in Algorand. Why I think that, because Algorand ROI is still -89% but after the bull run it has to be 1000%, Algorand marketcaps are less than a billion and there are many icos built on Algorand, many people are suggesting you that ada will become big but ada will not become big than Algorand because Algorand only required $34+ billion of marketcaps to convert your $400 into $34K. While if you are thinking to invest in neo then the maximum you can expect from neo is only $600, which mean if you only invest $400 this time, it will only turn your investment into $12K. So I am just suggesting to newbies that Algorand can be better investment for you this time.
If you remmeber the history of crypto, you will find that almost every smart contract supported currency has gain almost 1000% of ROI. Investing in NEO will not be more worth-full than investing in Algorand. Why I think that, because Algorand ROI is still -89% but after the bull run it has to be 1000%, Algorand marketcaps are less than a billion and there are many icos built on Algorand, many people are suggesting you that ada will become big but ada will not become big than Algorand because Algorand only required $34+ billion of marketcaps to convert your $400 into $34K. While if you are thinking to invest in neo then the maximum you can expect from neo is only $600, which mean if you only invest $400 this time, it will only turn your investment into $12K. So I am just suggesting to newbies that Algorand can be better investment for you this time.
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