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Now a days cryptocurrency is trending on everywhere. I'm planing to invest some money in this, but I am confuse what is the best option Ethereum Currency or bitcoin. Please experience person suggest me.
My choice would be Ethereum. ETH has outperformed BTC by a huge margin over the last year and is considered a superior product by most. Bitcoin has first mover advantage and gets the most publicity. The general public is just finding out about Bitcoin and has no clue about ETH yet.
I would invest in xtrabytes if I was to pick one coin, with Ark being a second choice and syscoin a third. Why? They are good coins with lower market caps so greater potential for appreciation. XBY in particular has a lot going on behind the scenes.
I also like pascalcoin but until they get on more than one major exchange there is some risk involved.
He is working on it. Problem is many are pay to play and PASC didn't start out as a huge ICO with a massive budget.
I'd do an even split between Bitcoin, Litecoin and Ethereum kind of the top 3. Maybe some Bitcoin Cash as well to hedge since Bitcoin is becomming somewhat unusable as a currency and payment system and BCH is kind of taking that roll. If you earn some profits I would then start scattering some profits around among altcoins. Some people like to stick within the top 20 or 50. I prefer to stay like 50 - 150 as I see more potential for bigger gains, but at the same time they are known enough that they are typically not pump and dump schemes
Doodle that is the exact allocation I have. I use BCH as a hedge, although it has traded mostly in tandem with the others lately. It was only opposite BTC for a couple days before the crash last week.
Doodle that is the exact allocation I have. I use BCH as a hedge, although it has traded mostly in tandem with the others lately. It was only opposite BTC for a couple days before the crash last week.
I like to "diversify" and I hear people recommend to diversify and sometimes it does work out, however in the grand scheme of things everything, at least at this point in time is tied to Bitcoin so if Bitcoin goes down everything else likely is goign down with it despite any diversification you do. Hopefully someday soon coins begin to act independently of one another ie BItcoin goes down but Litecoin maintains it's value.
Tomorrow Litecoin is rolling out something called LitePay. Litecoin will probably experience a little bump in price short term. If it gains some adoption could be really good for Litecoin. Litecoin is never gonna be the biggest coin but it could be a player.
The lights have already been turned on and people are starting to leave, just my guess
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