Post
Topic
Board Speculation (Altcoins)
Re: Best Altcoin to invest for 2018 ?
by
Nascor
on 14/11/2017, 15:45:11 UTC
one year is kinda short-term, most of the ICO's currently which look very promising are undergoing initial funding, which means that after they've ended this (couple of months) they're gonna have capital available for development. The development part can take anywhere from six months to two years, which means until the service or product is developed and released to the public, the coin's potential value (price) won't be reached. Considering that you're better off investing that money into something more stable, like one of the top ten coins by market cap. You can make short-term profits as well, by joining ICO's and flipping after that, but that's risky and I wouldn't recommend you to do.