Other coins than bitcoin. New coins are released each day. A rough review of some of them

Before I start, do understand these are just thoughts and not recommendations to invest. I encourage you do do research on any investment you do that is just simply good business sense.

Everyone has heard of Bitcoin and would have liked to have purchased it the first day it popped up at market cause it is now ranging from 3500 to 4000 depending on the market day. When it started it went for pennies on the dollar.

New coins come out all the time. Can any of these new coins have a future? First of all how to tell if a coin has potential. That's a hard one to answer. I tend to look at the market watch how many highs and lows it has gone through, look at the graphs , the news from the countries it comes from but just remember it is all one big yo yo and only invest what you can afford to lose.

Let me explain as an example: China decided to close its bitcoin exchanges, that means no Chinese person can own bitcoin, they are stuck and have to sell to get rid of it. So Bitcoin will temporary go down but because everyone else in the world can still buy it it will eventually go back up once all the Chinese people have sold it off. Also good thing to know is what are they buying instead if they can not buy bitcoin. Knowledge is power.

https://coinmarketcap.com/new/

This is a free site that compares all the coins including the new ones that have come out. it verifies that the coins on the site are not scams. Very good resource for investing. It will give you graphs concerning the movement of the coins , new coins, and even how the coin has done in the past so you can try to guess what will happen next.

I am still new to all this too so if I was not able to answer all your questions; I do hope you will do the research on the internet after all you are in control and always will be when you invest with simply a yes or a no.

Stay Safe Always

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