In some days we observe so many new coins are coming in the market. My question is how we identity the best coins. Which are benefited for our investment
crypto coins remind me a lot of the baseball card craze in the 80's and 90's
every week a new card company signed a deal with a hot young player exclusive to them
so you had the bitcoin the old cards, very old early cards from early 1900's and then the classic topps from 50's and 60's
then the 80's and 90s saw the alt coins all the crap that was worthless when it entered that is now worthless in the garages it's stored in
what kept value and even increased
the real deal
kinda like crypto, bitcoin is the early cards
rare
the alt's are like the mass produced crap for the masses
so the collectors always collect the art and rare stuff
the masses buy whatever they are fed with fud
now some new coins do have interesting tech they are monetizing but not at the levels they are now valued at
etherum is actually building lots of corporate solutions on their concept
but most alt is that, garbage
now I personally like bch for one reason, it is a coin that tried to get back to basics, what the original white paper envisioned a cheap and fast p2p virtual currency for cheap trades of value
btc is not that today
yet it is the 52 mantle
so lots of coins and most won't see 2019
maybe it takes until 2020
but 90% if not 99% of alt coins will die a quick death
the ones that have a way to monetize their concept will survive
now ripple is joining american express they say, so that could be the ultimate winner
80 billion coins though
so xrp I like, bch I like and btc is the hodl