Post
Topic
Board Economics
Re: Investing Bitcoins?
by
JumperX
on 30/09/2016, 19:29:51 UTC
There are cryptocurrencies whose projects are basically startups, because they have platforms for blockchain services and applications.
Take a look in the top coins on the coinmarketcap site and look for projects with more potential to grow.

there are many crypto. So be carefull to invest you money
altcoins is easy to a scam and dump. that's right, we need to look for a great project in the future.

That's not a hard decision to be taken as we can easily know which coin is good to be traded if we see their market caps where we will see how much bitcoins have been invested in them, if the market cap is too low of coin it means we should not risk our coins on that.
There are a lot of factors we could consider to select a perfect and profitable altcoins, still the dangers of getting dumped at any time still exist with any altcoins. For this reason, I always believe and try to trade only bitcoin against USD. I am just investing my bitcoins into my trading.

People who wants to make quick profits will prefer to take that extra risk by investing it in altcoins, as the profit making process will be slower in bitcoin trading as there is absence of major pumps and dumps.