Perception of value is what ultimately gives it value, what people are willing to put in to get a unit of cryptocurrency, be it time, fait money or labour.
Neo’s objective, while ultimately utilizing many of the same technologies as Ethereum, is to be the platform for a new smart economy.NEO is working towards developing a product for the future. I think it will be the strongest.
This depends on the coin. Ethereum, for example, is not very related as its blockchain structure and network serves different functionalities than Bitcoin.
Becoming rich in crypto requires time and patience. You need to analyze a lot of information so to be able to predict how to act in different situations. It doesn't happen overnight.
I would choose Ripple, it offers very fast transactions and low fees. Litecoin is not recognized in some countries, user rights are not protected, etc.
The market is still in its early stages, everything is difficult to predict. The cryptocurrencies need to decouple and more regulation is needed for the market to follow any kind of logic. I believe that two years is enough for the market to sort itself out.
No everyone can afford mining or buying Bitcoin, so I guess altcoins are poorer people's choice. We need altcoins also because they have a potential to make us more profit than Bitcoin. We risk but altcoins don't require as much capital as Bitcoin.
I am still positive because I hear about positive outcomes from other people in this forum. I still have faith that with due knowledge and more experience it is possible to swim these murky water and not drown. Lol.
Before investing in any altcoin, do your own research. What I like about Monero is that it is truly fungible, unlike many other cryptocurrencies. Fungibility refers to the characteristic of equal units of currency to be valued equally regardless of their source, usage or any other effect.
I am gonna tell you about two step method to buy NEO. Buy BTC from any of the trusted source available in your country. Exchange BTC to NEO from Coinswitch .co. CoinSwitch is a Cryptocurrency and Altcoin exchange aggregator.
If you are thinking of long-term investment i’d say Ethereum is a good option. It is a stable crypto currrency that is steadily rising ( maybe not right now though).Iif you buy some ethereum now, it should double your cash in a year.
Undoubtedly, NEO vs Ethereum is a tough debate and it is difficult to say who is the winner. These are extremely early days and we still have a lot to see — only time will tell.