Facebook's new cryptocurrency is reported to be a stablecoin for members to use for payments and its full specifications haven't been released yet, however, it is not likely to be a direct rival to Bitcoin which is decentralized, is widely considered to be a digital version of gold and a future store of value and it should only benefit from the increased exposure this venture can provide for the cryptocurrency industry

There are many exciting developments arriving this year for this platform and this is just one of them and as major companies such as Samsung, Microsoft, Deloitte and more begin to use this platform its adoption will grow rapidly, but more importantly future upgrades and institutional investment products will likely have more of an impact on value than generic hype

Investing in projects that have a lower market ranking can be beneficial if they have long term potential e.g. a real world use case, an innovative product, strong partnerships, a decent marketing strategy and an effective way to achieve adoption so if you've determined that this startup has these qualities then it may be a viable investment just ensure you only add a small percentage of higher risk assets to your portfolio

Developing your own cloned coin or issuing a token as a hobby or for education purposes is pretty easy to do, but launching your own startup is far more complex and fund raising potential can depend on market conditions and timing, and quite often projects don't have an adequate budget allocated to marketing which can result in lower performance

This outcome is likely if market conditions remain supportive and should increase the demand for IEOs provided they offer good quality products with long term viability and STOs might attract a lot of traditional investors into the digital assets market place and bring a lot more capital inflow with it that will help expand the entire industry further

As the market begins to recover from the winter phase it will become more profitable across the board to mine both Bitcoin and alternatives and mining the former is now becoming more decentralized which will make it more profitable for individual miners as well as larger groups and increased hashrates will help improve network health and allow the industry to innovate further which should result in improved investor confidence

Recommending a long term strategy is sensible because buying top quality assets for projects that are leading innovators in their category can provide many benefits and these won't easily be superseded by newer technologies and are less susceptible to price manipulation and pump and dump schemes, and if you're interested in Security Token Offerings (STOs) starting from later this year you might find these will become more worthwhile propositions

Losing capital is going to be far easier if you invest it in poor quality assets, however, this can be rectified by diversifying into more promising investments such any top ranked alternatives and there's nothing wrong with adopting a long term strategy using this proviso if you've chosen good quality assets for your portfolio

Despite all the hype Tron is unlikely to replace Ethereum or even come close to challenging it because it has a more established market presence, a much larger group of developers and community behind it and more potential to become an institutional asset class that attracts major investment with futures products and enterprise partnerships in the works it should easily maintain its leading position

Alternative assets ranked lower than the top 100 can be risky and not that many of these represent worthwhile investments if your main objective is to put together a well constructed portfolio with long term potential, however, you can find many new startups that are early in their evolution that will perform better as the market matures

Mining can be worthwhile if a project has a strong development team, represents long term viability, and has adequate profitability and liquidity, but if it's not generating a decent ROI then its far better to invest, especially when any alternative asset is under its average mining costs and then wait until the market uptrend results in its appreciation

Airdrops can be a fun way to get a taste of what cryptocurrencies have to offer without spending any money but not all of them are worthwhile applying for because many are just poor quality or illegitimate offerings so make sure you do some research to determine that projects have a good benchmark rating and review and are hosted by a reputable launchpad before you participate

If you're interested in projects with a "real product" you could start with Bitcoin which represents the best performing asset of its class, but when it comes to alternatives a good quality product isn't the only factor to consider when you're evaluating their potential because a real world use case and an effective strategy to achieve further adoption are vital to developing a sustainable ecosystem and attracting more value

This pep talk is great for motivation and you're right in stating that quality over quantity is best because the lower quality offerings will unlikely provide a reward that achieves long term value as a project matures and develops its own ecosystem and becomes successful so make sure you focus on promoting the most innovative startups possible

Cryptocurrency adoption is expected to increase exponentially over the next decade with these types of technologies brought to the forefront of mainstream use by major brands with massive amounts of subscribers developing products for a wide variety of use cases and this will have a positive impact on the evolution of the current market and its future potential just make sure you choose only the best quality assets that have the least chance of being superseded when investing

This is major news for adoption, especially in developing countries where there's a growing market for cheaper devices that can provide access to cryptocurrency focused products and services which will help many more people discover and learn about these types of technologies and help expand the market further

Stablecoins are typically backed by fiat currencies and other forms of collateral and are used for payments and as a hedge against volatility and the most widely used asset is Tether which is tied to USD and generally these maintain a steady price and don't fluctuate much so you wouldn't be looking for the cheapest option but instead the most reliable, and there will be many more of these launched this year pegged to different global currencies

Bitcoin's price has just climbed to its highest level this year on the back of encouraging news and improving sentiment and technical analysis indicates that the bullish outlook is indeed intact for the present moment so if any quality alternative assets become good value buys in this situation it would be ideal to pick up some of these bargains if the leading currency increases its dominance

If you want to determine an assets potential first ensure that it has strong fundamentals and that market conditions are favorable and then compare it to how other similar assets have performed historically and you may be able to draw some conclusions from that as to what effects the announcements of new developments, partnerships, and events etc. can have on the startups future value

There have been discussions amongst the community regarding limiting the total supply of Ether that can be produced, but nothing definitive has been determined yet, however, historically reducing an assets supply can increase interest from investors which may have a positive impact on the value should something like this occur