Post
Topic
Board Marketplace (Altcoins)
Re: Altcoin and investment
by
sofi@
on 23/02/2018, 22:57:41 UTC
Being a newbie, I'm looking for a good direction on learning about the markets and trading. How would you decide which ICO to invest in? Cryptocurrency is too volatile, but so there is still many people who go into investment that goes even in the newest coins which are similar (not same) in the functionality that they offer (e.g. anonymity). What is the possibility on any of these coins (or digital currency in general) being successful (or profitable)? I'm also not clear on how does the value of coin inflate or deflate; especially when the flow is controlled by the developers?

tl;dr Any resources or pointers on the topic are appreciated.
As crypto currencies is known in being so unpredictable and very volatile it is really difficult to assess which coin can probably become a good investment and will succeed in value appreciation. What investors do here is they first read and understand what's the project is all about, if it is interesting to have or there is a potential that it will hit the market, then investors take a risk and invest.