Quote from: richardsNY on May 12, 2017, 11:59:50 PM

Quote from: dasana212 on May 12, 2017, 04:55:31 PM

I have exchanged my bitcoin wallet to another coin that seems to have the power to rise faster than bitcoin. I only use bitcoin to speculate in the trade.

Whether it's Bitcoin or an altcoin -- crypto in general is one big speculative investment option. The much smaller size of altcoins offer people far better profit making opportunities, but the problem is that in most cases you just take a gamble. People jump into a certain altcoin just in the hope that it gets pumped, and that's really it. Most of these coins are heavily premined, or unfairly distributed through ICO. There is nothing to research, no development that might push the price forwards, etc. Most of the times it's an empty project with fake promises to trap in innocent people.

I spread it on ltc xrp and eth. And my analysis of them is not wrong, because they grow quite satisfactory. I only choose coins that have potential in future. I think among them. I'm not familiar with coins distributed with ico.