Post
Topic
Board Speculation (Altcoins)
Re: Best cryptocurrency to invest for 2017 ?
by
The Pharmacist
on 21/11/2016, 00:41:16 UTC
99.9% of altcoins have no reason for existing beyond pump and dump speculation. Bitcoin would be your best bet.
I have said exactly this, almost verbatim, in other threads.  ALMOST everything except bitcoin is a total joke, but there are exceptions.  My take on it is that a coin's value, it's utility, is dependent on how many people are using it and are ever going to use it.  The ones like trump, 7337, and the rest of the Yobit shitcoin lineup are absolute garbage.  Stuff like dash, doge, litecoin, maybe peercoin...they have real communities and might hold onto some value.

If anyone says they have a hot tip about altcoins, they're full of shit.  No one knows where these dogs are headed.  Most of them are probably going to zero, and I wouldn't touch 'em unless your nuts are crazyglued to your groin area.  You could lose everything really quick.