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Just not in altcoins. Just don't.
by oyebenny 7y ago
Just not in altcoins. Just don't.
- pavlov 7y agoIn public stocks there are always underappreciated future growth rockets. You can try to find them by analysis, at random, or by buying the entire index. Altcoins don’t have growth fundamentals because nobody uses them, so at best you’re betting on holding a coin and selling it to a bigger sucker.
- lawn 7y agoConsidering that Bitcoin has very high and unreliable fees it's not good to buy things with. Instead Bitcoin Cash has gained a lot of adoption recently, for example all stores using BitPay also accept Bitcoin Cash. Also Monero is far superior in terms of privacy (and fungibility). These are two examples with much better growth potential than Bitcoin, while being underappreciated by the masses.