Ethereum doesn't have a real competitor at the moment. But NEO is going to be one very serious competitor in the near future in my opinion.
Post
Topic
BoardAltcoin Discussion
Re: Buying NEO
by
leezay
on 27/05/2018, 22:43:38 UTC
NEO is very cheap at the moment. I think that now is very good time to invest in it or increase the holdings. NEO is great project and will show very good return.
If you define hold for long-term, Ripple and LTC are not an excellent choice for you at this time. It is more appropriate to invest in ETH or BTC than investment in altcoins if the investment is determined and held long term. The exchange rate of the current market is unstable and if you want to be safe then only invest in BTC and ETH only.
You are right, Bitcoin and Ethereum are the best choices for long term investing. But we have to diversify and not go all in. Litecoin is excellent for diversification and is still good coin that promise good returns. I would suggest to stay away of Ripple.
A lot of people are dumping their tokens/coins at the moment be cause they are afraid of what can really happen in a near future, that is the main reason of why most altcoins are incredibly red at the moment (some of them are -10%)
This may be true, but I believe that it is all about the latest news. The american investigations about the crypto market manipulations are scaring the big investors.
My point is that why everyone choose Bitcoin there's a lot of top rated coins are available then why people buying Bitcoin most?
Bitcoin is the leader of the whole crypto market. All investors are following Bitcoins movement before make their decisions. Bitcoin is the best coin and has a great future ahead of it.
TRX is a very good altcoin, currently I also hold TRX. because waiting for the high price. and it's very real to make a profit. before that I've been trading TRX for 3x and all got a good profit. and right now I choose to hold and invest long-term
You may be right, but investing in one coin only is still vary bad move. It is not worth the risk in my opinion and I would always suggest to diversify the investments.