Which Cryptocurrency Should You Invest In Before 2018?

in #bitcoin6 years ago (edited)

Cryptocurrency is definitely a popular topic these days especially since Bitcoin just reached an all time high of $8316 per coin. The question is, which cryptocurrency should you invest in by 2018? Will there be another coin that peaks as much as Bitcoin? Will we miss the opportunity yet again?

Ethereum was the second breakthrough after Bitcoin, with their awesome smart contracts feature. There are currently at least 1,000 different types of coins as listed on Coinmarketcap. Which one will prevail? Or rather, which group of coins will survive?

Nobody knows for certain, but we normally look at certain traits to see if a coin has potential or not. Here are some factors that you should consider:

Who is the team that developed the coin? Are they highly reputable?

How active are they in maintaining and improving on the coin?

Do they actively communicate with their investors?

What is the technology behind the coin? Is it blockchain-based?

What is the total number of coins that will be issued and how many are in circulation?

How much are these coins worth now?

How much of these coins were premined and can you mine them?

How many exchanges are these coins traded on?

There are many factors to consider before purchasing cryptocurrencies.

So Which Cryptocurrency Should one Invest In Before 2018 ?

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