Post
Topic
Board Altcoin Discussion
Re: Would you invest in a new crypto?
by
googs84
on 16/10/2018, 09:12:16 UTC
I only invested in bitcoin because a friend convinced me to. If there is a new cryptocurrency, what are the parameters / requirements that would make you decide to invest on it?

Thats too generalised question really because "ïn which coins to invest is like million dollar question always". And as you said most of the people will surely get into the bitcoin for the first time and some of them may stay with the BTC only. They do this because they feel very safe in their. If you want to invest in altcoins too then at the first time you should be looking after the Top 50 coins only. This is suggested because they will at least have the guarantee of getting recovered if they fall any time in the future. For the other coins apart from top 50 it could be very tough task to achieve as they get lesser attention for the trading in down time. So choose wisely and make trades on the top coins only.