Post
Topic
Board Altcoin Discussion
Re: BEST ALTCOIN TO INVEST IN
by
caretaker
on 02/12/2017, 23:23:55 UTC
NEO does seem like a good project to invest, but i don't touch it because of China. That country is extremely unpredictable and can do anything unexpected overnight (like banning exchanges and ICOs a couple months ago). I'd rather have my money in a safer coin, even if that might end up meaning less profits in the short term.

Bad news from China didn't casue NEO price to fall. I think it is a sign that community believe NEO. For sure NEO will rise in price very much. I don't worry about China and I think NEO is one of best investments in cryptocurrencies.

In this case it's not just about whether you really believe in the technology as Cryptocurrency is still mostly used as an investment and if China gives the go for Neo, a lot of investors from there will put their money into it as it's just one of the coins they're allowed to buy. A lot of big whales are just waiting in China to bring their money back Wink