Is It a Good Time to Buy Cryptocurrency? If So, Should We Buy Litecoin, Ethereum, or Bitcoin?
Investment in Cryptocurrency will increase in a relatively long period of time due to the total acceptance from the government in various countries are not yet available, even though it is also not prohibited.
This has caused investment in Cryptocurrency to be quite floating, however, from time to time, there seems to be a positive reception progress from various institutions and a number of large and well-known business figures such as: Li Ka-Shing, John McAfee, Steven Cohen, Robert Kiyosaki, and others.
This floating situation is what causes reluctant or "back and forth" attitudes of traders in the market or the Cryptocurrency exchange, and results in an insignificant increase in value movements.
On the other hand, scammers take advantage of the situation to withdraw profits in fraudulent ways by issuing coin which actually not have a clear value, endurance and project.
So, the solution, in my opinion is, as follows:
1. Don't invest too much because the risk might come in the current situation, especially if you are trapped by scammers.
2. If you want to invest, invest in the amount of "Nothing to Lose". Meaning, if you are not lucky, it does not affect you economically and emotionally. And, if you're lucky, the amount might be very significant in the future.
3. Choose a good exchange, which has a clear office address, and can offer low trading cost. For example: CoinTiger Exchange which is established in Singapore.
Besides being established, they also provide interesting and profitable quizzes and activities for users and prospective users of the exchange. These could be very entertaining and beneficial.
In terms of service, CoinTiger is equipped with adequate, friendly, reliable, and professional admin and customer service.
Plus, at CoinTiger, users and holders of TCH (TigerCash) usually get priority on certain loyalty programs.
4. About the one between Bitcoin, Litecoin and Ethereum, personally, I chose Ethereum because its value is quite stable and is expected to be a game-changer in the future.
Hopefully this article can support positively to your idea and thoughts.
Good luck.
