Money Talk

What kind of Crypto Currency is the best to buy right now?

Submitted by Zobody, , Thread ID: 57788

Thread Closed

RE: What kind of Crypto Currency is the best to buy right now?

Justforfunn
Member
Prime
Level:
1
Reputation:
1
Posts:
140
Likes:
5
Credits:
4
02-12-2017, 12:29 PM
This post was last modified: 02-12-2017, 05:50 PM by Justforfunn
#6
well it depends etherium and btc are the most popular now

crypto trio of bitcoin, bitcoin cash, and Ethereum. Bitcoin cash, which came into being just months ago after bitcoin's soft fork, recently exploded higher by 300% in a matter of days, briefly surpassing the market cap of Ethereum. Speaking of which, Ethereum has seen its value increase by nearly 3,700% year to date, to a market cap of $29 billion. Meanwhile, bitcoin, while "underperforming" in a sense compared to its peers, has gained 485% this year (through Nov. 12) and has a market cap of $95 billion.

In my opinion both bitcoin and ethereum are volatile and risky

Heres my two cents though

1.Bitcoin
What it is
This is one of the most popular and well known cryptocurrency
1000% increase since the start of the year
300% rise to hit new high in the last two weeks

Pros:
Very popular will basically not dip too much beloe 8k as it has been stable there for a while already
People are interested to accept BTC as payment so you could cash out
Alot of news coverage

Cons:
As mentioned before this is VERY risky and you should wait for it to stabilize just some friendly advice

2.Ethereum
What it is
The main competitor to bitcoin
Earlier this year it was about 14$ now its 400$

Pros:
Is affected by bitcoin which means it will be volatile for now BUT it means it can be quite stable too

Cons:
Well volatile


All in all do your own research on google there are TONS of websites

Users browsing this thread: 4 Guest(s)