While no one can know for sure, still, crypto experts feel quite optimistic about the future of cryptocurrency. With the recent tendency of bitcoin prices going down, many people wonder whether it is still a right decision to invest in cryptocurrencies or if the wave has already passed. What can be said for certain is that cryptocurrency is already here and it is very unlikely to disappear. To many professional venture investors, cryptocurrencies are the good catch since many believe that in 5 years or so this currency will become our new money.
Many people are skeptic when it comes to investing in BTC. Putting money in cryptocurrency seems very risky for many people. There are many reasons for it.
The value of cryptocurrency is very unstable. Money is kept in the electronic wallets, that can be easily hacked. However, there is always a possibility to save digital money from being stolen.
Nowadays, the cryptocurrency market is full of tokens of different values. Cryptocurrencies are viewed as highly profitable investment opportunities with long-term prospects of doubling, or even tripling one’s initial investment. The popularity of ICO grows with each year. For example, the ICO number practically doubled over the period from 2016 to 2017. Beside the market leaders such as Bitcoin and Ethereum, which have been on the market for quite a while now, there are dozens of other, less expensive yet not less profitable cryptocurrencies to invest in. Despite the fact they have much lower liquidity than Euthereum and Bitcoin, they are easily bought and sold on crypto markets. Let’s discuss the two promising cryptocurrencies and pros and cons of investment into each of these tokens.