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Re: I've made 600k in Crypto - When to call it quits
by
rhamzter
on 11/01/2018, 09:10:39 UTC
Right now I would say that it will be good to invest in ETH, like some others has recommended here. It is quite a good investment since ETH has been one of the most developed coin in the cryptocurrency scene and has a lot of plans for this year. I am not sure though how will the community react to when the time comes that it shifts from POW to POS, whether it would raise the price or it would drop everything down due to the fact that we should remember that the Ethereum Foundation practically holds shit tons of ETH in their reserves which will result to them being the biggest miners in case POS is implemented. However that will still take a long time, probably it would take more than a year to happen. Before that time, I think prices could even triple or quadruple due unless Bitcoins upgrades itself.
Ethereum is the good choice of crypto currencies to invest because this coin having high potential and possible to touch the position of bitcoin in the future. other than that the amount of this coin is affordable for many users, not like other crypto currency even bitcoin.