How to Choose Your Favorite Cryptocurrency

Eric Sammons
May 8, 2017 · 1 min read

The cryptocurrency market has been going crazy lately, as FOMO (Fear of Missing Out) has taken hold. And it’s not just Bitcoin: the value of all cryptocurrencies has been skyrocketing in recent months, raising the value of the overall cryptocurrency market to over $50 billion.

With so many hot cryptocurrencies right now, how do you choose your favorite? Do you think a currency should first be a strong store of value? Or should it be a cash payment system? Do you think smart contracts are the wave of the future? Or do you want your cryptocurrency to be a decentralized supercomputer? The choices are seemingly endless.

But don’t fret, my friend. I have created a handy decision tree chart to help you in your dilemma:

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What do you think? Did I miss anything important? Did I label a cryptocurrency unfairly? Feel free to leave comments below.

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