Hello Everyone!
I am wondering and cant understand, what does the reason the the crpyto coin are rising?
Is that because the technology behind the coin? is that because its chip?
Another questions is I see that many company are now go to the market and they make an ICO ( like IPO) correct? so why should people invest in them?
Thank you for your help and sorry for the newbie question
It is an investment that works out successfully. For the rise in the price of bitcoin, it is due to lot of people investing into it. And as the people share here, traders are seriously dumping altcoins, though I’m not sure if that includes Ethereum. But Bitcoin is always the perfect choice.
Even there are few altcoins are performing well consistently, I never consider them for my investments. I'm always going for only bitcoins as in long-term perspective, it must be the one of the safest investment opportunity.