Crypto investing guide

After last year's Bitcoin (BTC) and Altcoins rise, more and more people are interested at crypto investing. This market drop is very useful for many things, as I have wrote in my previous articles. One of useful things from this drop is that new people who are coming into crypto market are not here because price is rising, they are here because they see potential of the technology.

Many people last year invest in crypto with expectation that BTC will go to the moon and they will be millionaires very quick. Having hopes is nice, I am also invested in crypto with expectation that my investment will pay of, but problem is that many of those people don't even know what is Bitcoin and why it is used for. Same thing is with Altcoins. If you ask them what is difference between Ethereum, Ripple, Monero, Iota or Dogecoin, they don't know.

Because of that, I think that is very important that you do some research about Crypto and then you should decide is it worth to put some money into it. I will try to simplify things for newcomers at Crypto world.

For me there is only TWO large GROUPS of Cryptos.

FIRST group is crypto money.
Crypto money is group of Cryptos that wanna serve as money. Some of them are private, some of them not, but their basic intention is to serve as money. Money can be used for payments or as a store of value and these cryptos have same intention.

There is many Cryptos with this intention and I will not list all of them, some of them are:

Bitcoin
Litecoin
Monero
Dash
Iota
Nano
Zcash
SmartCash
Bitcoin cash
Verge
There is many more coins with same intention.

SECOND group are crypto platforms.Crypto platforms is a group of cryptos that have intention to serve as a platform for development of many different things. Most platforms are used for development of many different DApps (Decentralized applications) with different purpose and some of them are used as platforms for connecting banks, payment systems, businesses, data and people. Only few of these platforms are fully functional, most of them are in development stage. Some of them still don't have functional main net.

There is many platforms out there and some of them are:

Ethereum
EOS
NEO
Ripple
Cardano
Stellar
NEM
Ethereum Classic
Qtum
Ontology
It is not easy to choose where to invest and to correctly guess which project will be successful.