How many Crypto Currencies are there?

BINANCE:BTCUSDT   Bitcoin / TetherUS
You’d probably think there are around 100, 200 maybe 1,000 crypto currencies.

And that’s because the news only covers a handful, but I think you would be surprised at the actual number.

Right now, there are over 12,000 different crypto currency coins out there.

And they are increasing by 1,000 new crypto currencies every month.

The amazing thing is, unlike shares, these coins are very easy to create and regulate - YOURSELF.

You can even hire someone from Fiverr to make you a crypto-currency for less than $20.

I could even get a MATI Trader coin made if I wanted to.

But this isn’t good news in my opinion.

You see, most crypto currencies have very little purpose other than making money for their developers through investors buying and selling the coin.

So which cryptos do I trade?

For me it’s only down to two crypto currencies.

Bitcoin and Ethereum . The Father and the mother of the crypto market.

They are the biggest, most recognized and understood than any other crypto in circulation.

But the crypto winter is not over and the bottoms are not set yet.

There still needs to be a lot of fixing and regeneration of confidence before we see any upside with crypto…

I’m sitting on my hands right now, until we see a change in the trend.

Trade Well,
Timon Rossolimos
Founder, MATI Trader

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