Which crypto currency to buy now other than bitcoin

Bitcoin Questions and AnswersCategory: General questionsWhich crypto currency to buy now other than bitcoin
shivam goel asked 4 weeks ago

Last updated on November 15th, 2017 at 08:06 pm

Hello, I want to know that which crypto currency have a bright future other than bitcoin and
from where to buy bitcoin at least rate as when i see the price of bitcoin , it is 2000$ and
when I buy the bitcoin , It is almost 2250$. Please suggest me , Its very important for me and I
am from India.

4 Answers
Steven Hay answered 4 weeks ago

Hi Shivam,
 
I’m not sure where you see Bitcoin on sale for $2000… The current price is nearly $6000. Note that you don’t have to buy a whole Bitcoin, you can buy fractional amounts. I’d suggest buying partial amounts of Bitcoin rather than alt coins. Bitcoin has the highest chance to succeed.
 
I can’t give you a definite answer regarding any altcoins, just my own personal opinion. The coin which I think stands the best long term chance is Bitcoin, followed by Monero. I wrote an article on Monero last year and have a new one coming out on Monero this week. Check those out for the reasons why I recommend this coin. However, don’t expect to make big, fast money with Monero (or Bitcoin). 
 
Chasing big gains in the crypto markets is a lot like gambling. I advise you to be patient and cautious, and to never invest more than you can afford to lose.

CMS answered 4 days ago

Hi,

I think it’s all depending on your risk tolerance. Large caps have already a lot of interest which might mean you’ll not get the crazy gains or losses of a micro cap. Here you can see a . As you can see Large caps have 6 currencies that take up 81% of the entire market. These will be a much safer investment to hold on to for the long run. Mid caps have 15 coins and make up 15% of the market. From there you have Small Caps at 62 coins and 3% of the market and micro caps at a TON with only 1.15%.
You can see the proportion of these coins and how large caps seem to be the way to go for the long term. If you want to dip your toes into more risky coins it might make sense to look in the mid cap market segment or find a small cap that you really believe will take off.

CMS answered 4 days ago

Hi, I think it\’s all depending on your risk tolerance. Large caps have already a lot of interest which might mean you\’ll not get the crazy gains or losses of a micro cap. Here you can see a break down of large, med, small and micro market cap segments
As you can see Large caps have 6 currencies that take up 81% of the entire market. These will be a much safer investment to hold on to for the long run. Mid caps have 15 coins and make up 15% of the market. From there you have Small Caps at 62 coins and 3% of the market and micro caps at a TON with only 1.15%. You can see the proportion of these coins and how large caps seem to be the way to go for the long term. If you want to dip your toes into more risky coins it might make sense to look in the mid cap market segment or find a small cap that you really believe will take off.

CMS answered 4 days ago

Sorry the link didn’t come through for the break down of large, med, small and micro market cap segments 

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