Community post
Investing!
So. Im gonna take money from my pay cheque and put it into a different crypto each week. Any recommendations on which alts to begin to research?
Would be great if you guys could explain pros and cons of your favourite altcoin for me to then go n research them for myself.
Thanks.
Replies (8)
Steem ;)
Other than here, I personally am invested in LSK. I think the familiarity of developers with the programming language will see it being heavily used in the future in a vein similar to ETH, however its structure, using side chains, will keep the main chain more protected against fraudulent activities and the price swings that come from things like that.
Great! Thanks for commenting. Ill have to have a look at LSK. Today I got some ripple, thoughts? I shouldve really said what I already hold. Maybe for another post. But for the time being I'll check out LSK. Again, Thank you very much!
I do not like ripple, I never have. There is a long history of shady actions by the development team of that one and stellar. I refuse to buy or trade either out of principle.
That said, if theres an opportunity to make money off of it, then by all means go for it.
Yeah I understand why some people dont like ripple. The fact it can sustain a 1000 tranactions per second was what made me invest though. Hate the fact banks are liking it that obviously means they can control it in some way but $0.20 per xrp is a good price considering the amount of interest its getting.
If transactions/second interests you then perhaps look into bitshares. That blockchain can handle a staggering number of transactions per second.
https://bitshares.org/blog/2015/06/08/measuring-performance/
It was basically because i watched scaling videos on bitcoin. BCC 8mb blocks roger ver seems to prefer bcc not sure what to think really. IOTA is another i just recently purchased tangle looks good especially with the way tech is going and no transaction fees for micropayments.
Steem/SBD already does that. And does so much more then what people seem to realize. I honestly don't see too many cryptos competing with this one in a micropayments space.
Congratulations @telthomas! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP