Wont it be profitable to convert crypto into some currency with lower market capacity????????? bitcoins are making so mucg progress right now all for what coz it has only 21 million market cap max... if u invest into something into even lower market cap then today or tomorrow u can make way more money...plus bitcoin mining is becomng so expensive now that unfortunately people will lose interest i think investing into btc wont be the best option u hv right nw
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Yeah, that would make a lot of sense, but one of the big problems is knowing which altcoin to invest into. There are so many right now, and no one can really know which one will be the next to have a huge growth.
well sir if u ask my opinion if u want to do long term investment then u should go for monero or Zcash....this currencies have lower market capacities and monero is quite a famous currency too so probability of monero is highest after bitcoin.... ones bitcoin hits a higher values people will look for alternate ways....Investing in the currency is more like investing in collectible people r buying them coz there are less of the out thr if i had alot of money i would buy something rarer than something with alot of market capacity....If ur a long term investor u should know the meaning of increasing demand thats the main thing happening in the market right now it will sure make few currencies reach top of the market.... and right now if ur looking to invest in something for fast return then invest in ethereun i can tell that it will go up and next few days ull surely get sm profit and if nt than i can tell with 90% garantee that it wont do lower than 1%
Personally, I think Monero had a huge run already so cannot be considered a small market cap anymore. It sure makes more sense to invest in small caps but out of 1300 coins it sure is hard to pick the winner, not even talking about getting scammed by some dodgy ICO's... I do not think we have to go that far though.... Battle tested, a working platform with a huge potential - STEEMIT - loading up on STEEM is what I believe in among others... Neverthelles, portfolio should be diverse so if one fails you get recovered by others....
yup so true bcoz of steemit....steem got so much potential depending on ur hardwork you can earn so much....thanks for sharing ur thoughts :)