Can you imagine a world with hundreds of viable digital currencies? I can, and that's what I expect will happen in 3-5 years time, and some of those currencies exist today, and they're basically worth peanuts today, just like bitcoin was in 2010/11.
the key to alt investing success is research & reading, and many here don't bother with that, so they judge all alts as being similar when many aren't. NXT started as an alt, and most said it was a scam, but they were clearly wrong.
the risk/reward profile for alts makes them profitable for scammers, but also profitable for people willing to wade through this damn forum
I agree, good summary.
DR. ALBAN LYRICS
Enemy's gathering rumours ignorant spread
Fools accept them without confirmation
Hey, you'd better surrender
Stop spreading these rumours, oh
Enemy's gathering rumours, oh yeah
Enemies are gathering rumour ignorant spread
Enemies are gathering rumour ignorant spread
Fools take it and accept it.
Fools take it and accept it.
Enemy's gathering rumours ignorant spread
Fools accept them without confirmation
Hey, you'd better surrender