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RE: The Easiest Way to Make Money on Crypto? Here it is. Part 1.

in #bitcoin7 years ago

Turns out that no one knows. You could buy now and Bitcoin goes up to $10,000 a coin... or it could be worthless in a week. I think the suggestion here is that if you want to "gamble"/"invest" then the way to do it is to find some low price coins with low market cap and hold on and hope one of them goes up. What I would suggest is to find a coin that fill an unmet need and has something of a purpose. So find one that aims to have higher security than the others... or helps an industry... or is a new way of doing something... or is more anonymous... etc. Then hope everyone else sees the value. Finding a coin that is just cheap and a copy of something else seems unlikely to make you any money... as it would be easily replaced by anything else.