Post
Topic
Board Trading Discussion
Re: What is the best / hottest cryptocurrency to buy during the dip?
by
The_Dark_Knight
on 17/03/2018, 03:27:48 UTC
Right now seems to be a big dip. Not sure how much further it will go down, but right now most coins have attractive prices. What are the best / hottest ones to coin in your opinion and why?

As you can see bitcoin dominance is rising, so I would just buy bitcoin. Don't forget that the lightning network is coming, and this will probably make a lot of alts obsolete. Most of the coins just invest in privacy protocols, that are important but are not the main issue that needs to be fixed. Bitcoin is solving the scalability issues, and it will be able to compete with payments methods like visa. It kind of already does, in my opinion, but it will get really good at it. My bet is bitcoin, but if you really want alts, I would probably by stellar or ethererum. Litecoin will always rise as well, because it does whatever bitcoin does, and it's not really going away either.
If bitcoin dominance is going up despite the huge decrease in price then this can only mean a few things, probably many projects are disappearing it will be interesting to know what is the failure rate of icos if we compare it to the previous year, I'm pretty sure that if we got that information will see that many of the icos are disappearing immediately meaning there is almost no support for shitcoins right now.