If I have to invest $500 in cryptocurrency, I would Invest in following coins:

1- Litecoin
2-Ethereum
3-Lisk
4-ICON
5-Binance coin

These coins have huge potential and they can give 3x result easily in few months if market keept in upward trend.

According to co-creator Steven Nerayoff says the cryptocurrency’s value could triple in 2018. It is anticipated that Ethereum would reach around $ 2500 this year. By the end of next year, it is expected that Ethereum would be some place around $ 14,000. It is expected that Ethereum would be around $ 31,000 before the year's over 2020 .

ICO stands for Initial Coins Offering and it is similar to Initial Public Offering like have in Stock Markets where new company or coin developers organise an program to collect fund for their upcoming coin.

It’s true that there has been a worldwide demand for Ethereum in recent times. Ethereum is today one of the most sold cryptocurrencies across all crypto exchanges. While there’s a possibility it could hit $6,000 in the future, expecting its value to reach those figures in 2018 is to an extent being too optimistic. That is not to say that it doesn’t have a promising future. Its value will continue to rise, riding on several key support systems.

The concept of crypto currency is here to stay. Bitcoin is an early attempt that will very likely be replaced by some other blockchain currency that works better in the real world.

both. Ripple is backed by banks and plan is to replace SWIFT with it. Litecoin may be the next bitcoin as it is the testing ground for all technology for bitcoin (based on whatever I read, forgive me, if I made a mistake in my understanding).

Of course if you meant the recent price drop, then I would trust Ripple may bounce back soon.

Definitely! When you are investing in an ICO, you are buying than coin at the lowest price possible. It is way easier to multiply your investment by x5, x10, etc. If you invest in Bitcoin, you might get your investment x0.1 or x0.2 but x5 or x10 it is impossible.

What we’ve seen happen over the past year is that crypto-tokens have in some ways replaced Venture Capital for funding the very early stages of a startup enterprise. So they are democratizing access to early stage investment that usually is only open to rich people.

A lot of those projects are going to fail. They might have a good idea, but not great coders; they might have great programmers but not a good business or marketing sense. Some of them are just out-and-out scams or copycats trying to prey off the naive.

Whilst it is imporssible to predict which cryptocurrencies will increase in price in the short term. Here are two amazing projects that have a high probablity of increasing in price this year. (not financial advice).

1- Elastos — The Internet Of The Future?
2- Nebulas – A Sleeping Giant?

Digital currencies have seen it’s ups and downs. However, experts say that they are here to stay.

The technology behind digital currencies is the reason it will keep rising. Blockchain technology is practically unhackable and makes this online technology a groundbreaking tool for the future of finance.

It is pretty scary how easy it is to manipulate a price if you have the resources. I have been doing some research on “pump and dump” schemes for the past few months. I checked a lot of discord channels, telegram groups and more just to see how things work there. Everything is simple and a lot of people, from those same groups end up loosing money.

You have to do a bunch of research yourself, although there are several ratings services that take a stab at assessing ICO quality.

These are the top factors for you to consider:

- What type of token is it ?
- How valuable is the project ?
- How credible is the team ?
- Does the crowdfunding campaign make sense ?

There are several sites that do a good job of publishing ICO details - website information, download link to the white paper, team leadership links (often with notes about whether the LI addresses work or not), plus details on the token sale mechanics - number of tokens to be issued/sold, price, currencies accepted, dates, etc.

I tend to trade ETH the most. It has better liquidity then BTC (bitcoin) Thats as a trading vehicle though for short term trades. As an investment typically a basket of a few favorites can work the key is to get a good price and not chase it.

Being diversified is the best way to mitigate your risk especially with the natural volatility in markets. Even just looking at market caps wont be enough to give you confidence in the currency. You need to research what the technology behind the currency is that makes it proprietary. With so many moving parts when it comes to crypto investing sometimes it’s easier for the everyday investor to use a user friendly and reliable investing platform.

I personally like ETC (Ethereum Classic) with easier upside potential but the market cap for Ethereum is potentially limitless, one of the founders thought 1 trillion was going to be the cap (he would love that of course). A good time to buy is when something crashes, if you are looking for a good time. But if you want to get high on crypto fumes with the rest of the world, anytime. Get in now.

If anyone knew the future price of any ‘asset’ they would be extremely rich long ago and would be a household name. Warren Buffet is the best I know, but even he can only price companies based on their balance sheet. Ethereum has no intrinsic value and no balance sheet, it is worth whatever someone is willing to pay for it. It can only be worth more in the future due to the nature of speculative bubbles, which are in their nature unpredictable.

Competitors are other smart contract blockchains: nem, nxt, waves, lisk and plenty of new ones coming. But Ethereum is well positioned as the undisputed leader so competitors will mostly die off or be left in irrelevance.

In my opinion Blockchain technologies are here to stay for the long term, very long term, in time encompassing most of the traditional industries and from that point of view, I am looking at classic improvements in Blockchain technologies in the coming few years.