RISKS IN BITCOIN AND OTHER ALT-COINS

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  • Profile photo of Vivian Jacobi
    kozey-verda
    Participant
    Points: 19
    #5900

    We have witnessed the great boom of BITCOIN, but will we see the same also with other crypto? What are the others you recommend to trade? Do you think are more or less risky than Bitcoin?Are there no riskin terms of being manipulated by big traders?

    Profile photo of Murray Hettinger
    tdouglas
    Participant
    Points: 302
    #5974

    Whether some other cryptocurrency will gain traction like Bitcoin, depends on its use case and acceptability by the public.
    Look out for Ethereum, Dash, Monero, Neo, Zcash, Stratis and IOTA.
    A risk of being manipulated by big traders is possible, which is why you have to follow the same rules of conventional trading. Never risk more than you can afford to lose.

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