Cryptocurrency world looks like a New York’s exchange in old movies. A giant room filled with screaming people. Even experienced users who are involved with crypto long enough find it hard to navigate through all this information. Pretty much any new cryptocurrency can be a time bomb - there is no way to predict its exchange rate or find out how committed its developers are, let alone figuring out if there are any backdoors in the code.
So the question is: is it worth investing your resources in these cryptocurrencies?
Miners and traders are the primary players on this oversaturated market and in most cases also are the early adopters and the first missioners of a currency. They create buzz about the cryptocurrency which leads to increase of its hashrate and exchange rate. Miners and traders have vested interest in popularization of the currency therefore spreading the word and attracting new users for them is crucial.
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Great article by Cointelegraph,here's the rest of it:
http://cointelegraph.com/news/112738/how-to-invest-in-altcoins-without-losing-everything