TOP 5 cryptocurrencies
I have decided to share my view on cryptocurrencies, as many of my followers already acquainted with this topic.
I don't consider myself a trader and view cryptocurrency as an investment. When selecting one or another project, a detailed investigation of the technology and development roadmap must be in place.
Well!
BITCOIN. Nothing to add here, this is like dollar, golden standard, digital gold. This is the crypto asset we cannot do without. This is a "must have" in the portfolio of the newbie investors.
ETHEREUM. The second cryptocurrency by trading volume, I also must be present in the portfolio of a self-respecting crypto investor, it is not only traded with many other cryptos but owns a practicable and powerful smart-contract technology.
LITECOIN. It is like Bitcoin, but faster. Excellent coin, sustainable community, technologically simple and not so expensive as Bitcoin.
DASH. If you heard of Dash, its main advantage is anonymity. Dash coin is the most anonymous among mentioned above. If you are a paranoic - this is your choice )
NEO. This is a Chinese Ethereum. And this is the exact case when Chinese doing well. Very well! The coin technology enables the creation of entirely new fields in the economy. No jokes here. You can google it.
There are many more such coins, all of them was giving and will be giving a stable profit.
All of them are sustainable projects with their own support and development.
Good piece :) But let's be real about what litecoin is. It's literally bitcoin from a year ago with a few settings tweaked to make it faster. No real technological advancements there.
I'm curious as to what you mean by "not as expensive". I mean yes the price of 1LTC is cheaper than 1 BTC, but $5 of LTC = $5 of BTC. Makes no difference in terms of usability. The difference is the amount in circulation and the market cap.
Also why is STEEM not in the list? Fast, reliable, no fees, easy to use wallet adresses, and the list goes on... :)
adding to the above, there are people on this platform that have never held a cent of BTC.
wouldnt know the first thing about trading. are just here for the blogging / social of it
LTC is also 'not as expensive' when it comes to the cost of transaction and most of the FIAT exchanges use it by default, very reliable and faster than BTC.
Thanks for feedback!
Coins mentioned in post:
Exactly)!
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What's about ADA?
i think that ADA is within the top 10, but when you're looking at the top 5 you're looking at the biggest baddest of them all. i mean 3 of them are knocked out just with btc eth and ltc. then the other two in my mind are definitely dash because how advanced they are, how well their company is run like a brick and mortar business and the exponential growth they have achieved in the past year, and my last would actually be steem, mostly because it is such a well developed blockchain with well developed DAPPS, and more and more cool stuff coming all the time and how many people are just joining to curate and barely know about crypto. Steem is in a whole other ballpark in my mind but fantastic Post!
They did some research on Steemit showing during the dips less people were on steemit curating and producing because they thought rewards would be worse because the cash dollar next to your post is less because it fluctuates. but Steepshot, a DAPP on the steemit blockchain like instagram has been constantly increasing in numbers, and even when the big dip happened (the one we are in now) steepshot users and joiners was steadily increasing, while steemit saw a decrease. cool stuff! of course i forgot where the article was so i cant post it but all im saying is steem is actually pretty developed for how underdeveloped everything else is!
thank you for sharing!
You are welcome!)
Thank you for sharing, I will check it out! ;)
Ok, worth checking, thanks for feedback!
Very good article, I am also in the world of mining I am new in this I think it is a world that you have to know if you want to start a new way of business and this is part of the study that must be done
Glad that you find it good, it motivates me to do even better! thanks!
Most of the past crypto moneys has disappeared from the middle. Pure, true single crypto money BITCOIN
Analysis is good, however lets not forget the coins which are good and can give a reasonable passive income. Similar to Neo - I would keen an eye on ONT, VET, Ark. What is your view on NANO?
Let's hope you keep it right.
Good post. upvote