So after losing quite a lot of money due to the decrease in bitcoin value. I am now looking to spend a few bitcoins on Alt coins to try get myself back up. Does anyone have any good recomendations please?
Hey Gravitate, I urge you to research any altcoin before you purchase any. That being said, my vote is for Monero because it has technology that is actually innovated and has applications that Bitcoin cannot reach.
I think 99% of altcoins are just shitty pump and dump schemes that add nothing but money in the creator's pocket. Monero is not one of them. Monero seeks to add privacy where Bitcoin lacks it.
I believe in a year or two it will be simple to look up someone's Bitcoin purchases, -all- of their purchases, which I don't think is a very good thing. I know what I want to do with my money is my concern, and my concern only. Monero's opaque blockchain and stealth addresses makes it impossible for someone to snoop on your spending, that is real value.
I recommend Monero over Dash, for a lot of reasons that I don't really want to dive into. There are plenty of threads out there that cover it.
At any rate, I wish you good luck in your investment choice.
Cheers I will check it out. I do spread my investment out quite a bit and we are not talking a lot of bitcoin just an odd one here and there. Will check out monero
